$PROCUREMENT LTD

💤Zombieactive
11091059 · ltd · incorporated 2017-12-01
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 Dec 2024
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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: share sale to pe / searcher (58/100).

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 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red 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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-04-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-04-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-04-05
    BELL, Andrew William James appointed
    director
  4. 2025-04-05
    ROSEWELL, Ian resigned
    director
  5. 2025-03-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-09-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-10-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-10-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-10-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-02-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-07-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-12-01
    🏢
    Company incorporated
    As $PROCUREMENT LTD
  13. 2017-12-01
    ROSEWELL, Ian appointed
    director
  14. 2017-12-01
    📄
    incorporation-company
    incorporation · NEWINC

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

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

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

Group structure

Procurement International Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Procurement International Ltd.
Corporate parent · holds 75-100% shares
ultimate parent
$PROCUREMENT LTD
This company · 11091059

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Procurement International Ltd.
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting01/12/2017

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.

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Company details

Statusactive
Typeltd
Incorporated2017-12-01
Jurisdictionengland-wales
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Victory House 17/19 Marino Way
Hogwood Industrial Estate
Finchampstead
Berkshire
RG40 4RF
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-13
Last: 2025-11-29

Officers (1 active · 1 resigned)

BELL, Andrew William James
director · ~49y · appointed 2025-04-05
View their other companies + combined net worth →
Active
ROSEWELL, Ian
director · ~72y · appointed 2017-12-01 · resigned 2025-04-05
Resigned

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
2025-12-03
appoint-person-director-company-with-name-date
officers · AP01
2025-04-08
termination-director-company-with-name-termination-date
officers · TM01
2025-04-08
accounts-with-accounts-type-dormant
accounts · AA
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-29
accounts-with-accounts-type-dormant
accounts · AA
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-30
accounts-with-accounts-type-dormant
accounts · AA
2023-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-09
accounts-with-accounts-type-dormant
accounts · AA
2022-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-24
accounts-with-accounts-type-dormant
accounts · AA
2021-10-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-04
accounts-with-accounts-type-dormant
accounts · AA
2021-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-09