10 WSQ LTD
💤Zombieactive
10662928 · ltd · incorporated 2017-03-10
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£950
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueAsset-holding vehicle with a 71-year-old founder — textbook succession opportunity.
Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 71). 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: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (68/100)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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £950
Net assets shrinking
Down £68 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£950
↓ 6.7% YoY
Current Assets
£950
↓ 50% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £950 | £1.0k |
| Current assets | £950 | £1.9k |
| Net assets | £950 | £1.0k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-14➖BOWEN, Timothy resigneddirector
- 2025-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-03-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-12-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-07-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-03-28📄change-person-director-company-with-change-dateofficers · CH01
- 2018-11-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-05-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-05-23➕BOWEN, Timothy appointeddirector
- 2017-03-10🏢Company incorporatedAs 10 WSQ LTD
- 2017-03-10➕FULLER, Sophie appointedsecretary
- 2017-03-10➕MULLINGS, Elaine appointeddirector
- 2017-03-10📄incorporation-companyincorporation · NEWINC
Owner dependency
90/100
Critical — business is the founderThe 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.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Similar companies
Active · Other · TN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 197 LONDON ROAD LIMITED→ 05338924 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| 20 QUEENS ROAD RTM COMPANY LIMITED→ 05186191 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| 3-7 UNION ROAD LIMITED→ 05028114 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| 37 EVERSFIELD PLACE MANAGEMENT LTD→ 10236564 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 3OAKSWANDERER LTD→ 16195485 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| 44 MOUNT EPHRAIM LIMITED→ 09212665 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| 4M ACCOUNTANCY LIMITED→ 10610413 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| 5 ANGLESEA TERRACE LIMITED→ 05822124 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 5 QUEENS ROAD MANAGEMENT COMPANY LIMITED→ 02646041 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| 56 DUDLEY ROAD MANAGEMENT COMPANY LIMITED→ 02764048 · est 1992 · no financials extracted | — | — | — | — | 33y | — | — |
| 59 CANTELUPE ROAD LIMITED→ 05072119 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| 6 HAZLITT ROAD LIMITED→ 03847141 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2017-03-10
Jurisdictionengland-wales
Primary SIC99999 — SIC 99999
Registered office
Flat 2-6 10 Warrior Square
St. Leonards-On-Sea
East Sussex
TN37 6BX
England
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-23
Last: 2026-03-09
Officers (2 active · 1 resigned)
Active
MULLINGS, Elaine→
Activedirector · ~71y · appointed 2017-03-10
View their other companies + combined net worth →
BOWEN, Timothy→
Resigneddirector · ~76y · appointed 2017-05-23 · resigned 2025-07-14
Click a director name to see their full track record across all companies.
Recent filings (23 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
termination-director-company-with-name-termination-date
officers · TM01
2025-07-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-22
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-24
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-03-04