10A AND10B ORCHARD STREET LIMITED

💤Zombieactive
10811699 · ltd · incorporated 2017-06-09
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 Jun 2024
Net worth
book net assets
Opportunity
61/100
Worth a look
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 55/100. 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).

Data confidence

Overall: medium (78/100)

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
Network not yet resolved
30
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
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£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-03-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-02-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-03-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-02-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-05-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-12-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2020-12-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2019-12-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2017-06-09
    🏢
    Company incorporated
    As 10A AND10B ORCHARD STREET LIMITED
  11. 2017-06-09
    MINCHEV, Evgenly Penchey appointed
    director
  12. 2017-06-09
    📄
    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 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
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.

Red flags

1 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: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Evgenly Penchey Minchev
Individual · Bulgarian · DOB 02/1984 · age 42
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest09/06/2017

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

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

9 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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2017-06-09
Jurisdictionengland-wales
Primary SIC68100 — Buying and selling of own real estate

Registered office

10a Orchard Street
Weston Super Mare
Somerset
BS23 1RQ
United Kingdom

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-08-22
Last: 2025-08-08

Officers (1 active · 0 resigned)

MINCHEV, Evgenly Penchey
director · ~42y · appointed 2017-06-09
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-10
accounts-with-accounts-type-dormant
accounts · AA
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-dormant
accounts · AA
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-24
accounts-with-accounts-type-dormant
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-23
accounts-with-accounts-type-dormant
accounts · AA
2022-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-27
accounts-with-accounts-type-dormant
accounts · AA
2021-05-12
gazette-filings-brought-up-to-date
gazette · DISS40
2020-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-03
gazette-notice-compulsory
gazette · GAZ1
2020-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-20