11TH HOUR ICE LIMITED

💤Zombieactive
10140784 · ltd · incorporated 2016-04-22
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 2025
Net worth
£-55.3k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Other amusement and recreation activities n.e.c.
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £55,264
Net assets shrinking
Down £106,595 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£55k
↓ 208% YoY
Current Assets
£25k
↓ 58% YoY
Current Liabilities
-£55k-£32k-£10k£13k£36k£59kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£-55.3k£51.3k
Current assets£24.6k£59.1k
Cash£31.0k
Debtors£28.1k
Net assets£-55.3k£51.3k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-11
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-07-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-03-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-03-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2022-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-08-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-03-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-01-21
    HOPKINS, Andrew Alun resigned
    director
  14. 2020-01-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-01-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2019-12-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2018-07-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-01-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2016-04-22
    🏢
    Company incorporated
    As 11TH HOUR ICE LIMITED
  20. 2016-04-22
    DAVIES, John James appointed
    director
  21. 2016-04-22
    HOPKINS, Andrew Alun appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
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.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Davies
Individual · British · DOB 09/1973 · age 53
2550%
25-50% shares20/04/2017
1 historic (ceased) PSC
  • Mr Andrew Alun Hopkinsceased 21/01/2020· 25-50% shares

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

7 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
Incorporated2016-04-22
Jurisdictionwales
Primary SIC93290 — Other amusement and recreation activities n.e.c.

Registered office

14 4th Floor
Museum Place
Cardiff
CF10 3BH
Wales

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-05
Last: 2025-04-21

Officers (1 active · 1 resigned)

DAVIES, John James
director · ~53y · appointed 2016-04-22
View their other companies + combined net worth →
Active
HOPKINS, Andrew Alun
director · ~46y · appointed 2016-04-22 · resigned 2020-01-21
Resigned

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

Recent filings (29 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-06
gazette-filings-brought-up-to-date
gazette · DISS40
2023-07-11
gazette-notice-compulsory
gazette · GAZ1
2023-07-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-05
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-04