123 JUNK LTD

💤Zombieactive
08993216 · ltd · incorporated 2014-04-11
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2020
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Apr 2019Apr 2020

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2020-04-302019-04-30
Average employees-100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

1 signal detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2021-08-05
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2021-06-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2021-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2020-05-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2020-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-03-31
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2019-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-07-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  9. 2018-07-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2018-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-01-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-06-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-01-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-11-02
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  15. 2015-05-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-04-11
    🏢
    Company incorporated
    As 123 JUNK LTD
  17. 2014-04-11
    PETER, David appointed
    director
  18. 2014-04-11
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2022-01-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2021-04-25

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Peter
Individual · Hungarian · DOB 01/1982 · age 44
75100%
75–100%75-100% shares · 75-100% voting11/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

Available from the Pro tier upwards.

See pricing →
🔒Advanced scoring suite

Exit-route ranking, improvement thesis, quiet-distress detector, covenant-pressure proxy, extraction monitor, approaching triggers, ownership drift, local cluster, value trap, debt capacity, archetype classification — 48+ scoring modules.

Available from the Pro tier upwards.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2014-04-11
Jurisdictionengland-wales
Primary SIC38110 — SIC 38110

Registered office

161 Milton Road
Portsmouth
Hampshire
PO3 6AL

Filing status

Accounts
Next due: 2022-01-31OVERDUE
Last made up to: 2020-04-30
Confirmation statement
Next due: 2021-04-25OVERDUE
Last: 2020-04-11

Officers (1 active · 0 resigned)

PETER, David
director · ~44y · appointed 2014-04-11
View their other companies + combined net worth →
Active

Click a director name to see their full track record across all companies.

Recent filings (20 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-08-05
gazette-notice-compulsory
gazette · GAZ1
2021-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-20
gazette-filings-brought-up-to-date
gazette · DISS40
2020-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-20
gazette-notice-compulsory
gazette · GAZ1
2020-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-30
gazette-filings-brought-up-to-date
gazette · DISS40
2018-07-04
gazette-notice-compulsory
gazette · GAZ1
2018-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-28
confirmation-statement-with-updates
confirmation-statement · CS01
2017-04-24
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-01-20