001-01062021 LTD

🚨Distressedactive
13434560 · ltd · incorporated 2021-06-02
Investment thesis
Attractive distress candidate — real problems but workable structure.
Why interesting: Falling signals but no deal-breakers yet; room for negotiation and turnaround.
Why risky: Signals worsening; needs speed and capital discipline.
🔒Estimated value
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Turnover
year to Jun 2022
Net worth
£-66.8k
book net assets
Opportunity
52/100
Worth a look
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What this business does
Primary activity: Retail sale via mail order houses or via Internet
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 40/100. 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: distressed disposal / insolvency (65/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £66,819

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
-£67k
Current Assets
£144k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2022-06-30
Total assets£-66.8k
Current assets£143.9k
Net assets£-66.8k

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 (17 events)Click to expand
  1. 2024-07-09
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2024-05-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2023-11-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2023-11-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2023-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-11-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2023-11-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2023-11-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-11-10
    ISTVÁN, Nápora appointed
    director
  10. 2023-11-10
    RADEMACHER, Eberhard resigned
    secretary
  11. 2023-11-10
    RADEMACHER, Eberhard resigned
    director
  12. 2023-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-07-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-06-02
    🏢
    Company incorporated
    As 001-01062021 LTD
  15. 2021-06-02
    RADEMACHER, Eberhard appointed
    secretary
  16. 2021-06-02
    RADEMACHER, Eberhard appointed
    director
  17. 2021-06-02
    📄
    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

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: 2024-03-31

Confirmation statement overdue
high

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

Evidence: Next due: 2024-06-15

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Nápora István
Individual · Hungarian · DOB 03/1979 · age 47
75100%
75-100% shares28/09/2023
1 historic (ceased) PSC
  • Mr Eberhard Rademacherceased 28/09/2023· 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.

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

11 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
Incorporated2021-06-02
Jurisdictionengland-wales
Primary SIC47910 — Retail sale via mail order houses or via Internet

Registered office

79-82 Buckingham Street
Birmingham
B19 3HU
England

Filing status

Accounts
Next due: 2024-03-31OVERDUE
Last made up to: 2022-06-30
Confirmation statement
Next due: 2024-06-15OVERDUE
Last: 2023-06-01

Officers (1 active · 2 resigned)

ISTVÁN, Nápora
director · ~47y · appointed 2023-11-10
View their other companies + combined net worth →
Active
RADEMACHER, Eberhard
secretary · appointed 2021-06-02 · resigned 2023-11-10
Resigned
RADEMACHER, Eberhard
director · ~50y · appointed 2021-06-02 · resigned 2023-11-10
Resigned

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

Recent filings (13 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-07-09
gazette-notice-compulsory
gazette · GAZ1
2024-05-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-11-23
termination-director-company-with-name-termination-date
officers · TM01
2023-11-13
termination-secretary-company-with-name-termination-date
officers · TM02
2023-11-13
appoint-person-director-company-with-name-date
officers · AP01
2023-11-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-06
incorporation-company
incorporation · NEWINC
2021-06-02