13 APPAREL LTD

🏛️Establishedactive
12093207 · ltd · incorporated 2019-07-09
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2020
Net worth
book net assets
Opportunity
53/100
Worth a look
🔔
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What this business does
Primary activity: Wholesale of clothing and footwear
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47710Retail sale of clothing in specialised stores
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 45/100. 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 (70/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
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

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2020-07-31

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 (12 events)Click to expand
  1. 2024-07-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2022-06-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2022-01-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2022-01-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2022-01-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2021-12-11
    CROWE, Lee Stephen resigned
    director
  7. 2021-04-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-07-09
    🏢
    Company incorporated
    As 13 APPAREL LTD
  9. 2019-07-09
    BULL, Jonathan Andrew appointed
    director
  10. 2019-07-09
    RICHRDSON, Liam Anthony appointed
    director
  11. 2019-07-09
    CROWE, Lee Stephen appointed
    director
  12. 2019-07-09
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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: 2022-04-30

Confirmation statement overdue
high

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

Evidence: Next due: 2023-07-22

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Liam Anthony Richrdson
Individual · British · DOB 12/1975 · age 51
2550%
25–50%25-50% shares · 25-50% voting09/07/2019
Mr Jonathan Andrew Bull
Individual · British · DOB 02/1989 · age 37
2550%
25–50%25-50% shares · 25-50% voting09/07/2019
1 historic (ceased) PSC
  • Mr Lee Stephen Croweceased 11/12/2021· 25-50% shares · 25-50% voting

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.

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
Incorporated2019-07-09
Jurisdictionengland-wales
Primary SIC46420 — Wholesale of clothing and footwear

Registered office

13 The Ashes The Ashes
Seaton Carew
Hartlepool
TS25 2QY
England

Filing status

Accounts
Next due: 2022-04-30OVERDUE
Last made up to: 2020-07-31
Confirmation statement
Next due: 2023-07-22OVERDUE
Last: 2022-07-08

Officers (2 active · 1 resigned)

BULL, Jonathan Andrew
director · ~37y · appointed 2019-07-09
View their other companies + combined net worth →
Active
RICHRDSON, Liam Anthony
director · ~51y · appointed 2019-07-09
View their other companies + combined net worth →
Active
CROWE, Lee Stephen
director · ~36y · appointed 2019-07-09 · resigned 2021-12-11
Resigned

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

Recent filings (10 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-22
gazette-notice-compulsory
gazette · GAZ1
2022-06-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-04
termination-director-company-with-name-termination-date
officers · TM01
2022-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-05
incorporation-company
incorporation · NEWINC
2019-07-09