111DIRECT LTD

🏛️Establishedactive
12535689 · ltd · incorporated 2020-03-26
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 Mar 2025
Net worth
£2.7k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
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 · FRS 105 (micro)
Positive net assets
Net assets £2,730
Net assets shrinking
Down £561 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£3k
↓ 17% YoY
Current Assets
£5k
↓ 11% YoY
Current Liabilities
£0£1k£2k£3k£4k£5kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£2.7k£3.3k
Current assets£4.6k£5.1k
Net assets£2.7k£3.3k

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-11-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-11-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-11-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2022-11-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-07-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2020-07-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2020-07-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2020-07-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-03-26
    🏢
    Company incorporated
    As 111DIRECT LTD
  16. 2020-03-26
    COLE, Eric Martin appointed
    director
  17. 2020-03-26
    EVANS, David James appointed
    director
  18. 2020-03-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Simply Naturals Ltd
Individual · English · DOB 01/1960 · age 66
75100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest01/01/2022
3 historic (ceased) PSCs
  • Mr Eric Martin Coleceased 01/01/2022· 25-50% shares · 25-50% voting
  • Mr David James Evansceased 01/01/2022· 25-50% shares · 25-50% voting
  • Simply Naturals Limitedceased 17/04/2020· 75-100% shares · 75-100% voting · board control

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
Incorporated2020-03-26
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

The Annex
143 - 145 Stanwell Road
Ashford
Middlesex
TW15 3QN
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25

Officers (2 active · 0 resigned)

COLE, Eric Martin
director · ~64y · appointed 2020-03-26
View their other companies + combined net worth →
Active
EVANS, David James
director · ~71y · appointed 2020-03-26
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-31