HALLYDOWN LIMITED

💤Zombieactive
SC022263 · ltd · incorporated 1942-12-31
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
46/100
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Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 46/100 (watch), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (30/100). Current lenders should be on immediate intervention.

Data confidence

Overall: low (42/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 0 with DOB)
70
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
46/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
80
Good data coverage for analysis.

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 (10 events)Click to expand
  1. 2020-02-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2017-11-02
    📄
    court-order
    miscellaneous · OC-DV
  3. 1995-01-01
    📄
    selection-of-documents-registered-before-January-1995
    historical · PRE95
  4. 1990-05-14
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  5. 1990-03-12
    KILDAY, Elizabeth Louise appointed
    secretary
  6. 1990-03-12
    KILDAY, Robert Court resigned
    director
  7. 1990-02-09
    PATON, Boyd Mcgregor resigned
    director
  8. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  9. 1942-12-31
    🏢
    Company incorporated
    As HALLYDOWN LIMITED
  10. 1942-12-31
    📄
    miscellaneous
    miscellaneous · MISC

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

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 83 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high · 1 med ·
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: 1995-10-31

Confirmation statement overdue
high

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

Evidence: Next due: 2017-06-29

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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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.

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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
Incorporated1942-12-31
Jurisdictionscotland
Primary SIC

Registered office

Ballantine House
168 West George Street
Glasgow
G2 2PT

Filing status

Accounts
Next due: 1995-10-31OVERDUE
Last made up to:
Confirmation statement
Next due: 2017-06-29OVERDUE
Last:

Officers (2 active · 2 resigned)

KILDAY, Elizabeth Louise
secretary · appointed 1990-03-12
View their other companies + combined net worth →
Active
KILDAY, Robert Court
director
View their other companies + combined net worth →
Active
KILDAY, Robert Court
director · resigned 1990-03-12
Resigned
PATON, Boyd Mcgregor
director · resigned 1990-02-09
Resigned

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

Recent filings (6 total)

gazette-notice-compulsory
gazette · GAZ1
2020-02-04
court-order
miscellaneous · OC-DV
2017-11-02
selection-of-documents-registered-before-January-1995
historical · PRE95
1995-01-01
certificate-change-of-name-company
change-of-name · CERTNM
1990-05-14
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01
miscellaneous
miscellaneous · MISC
1942-12-31