BULK MUSIC LIMITED
💤Zombieactive
SC066373 · ltd · incorporated 1978-11-14
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 Jun 2025
Net worth
£14.2k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Sound recording and music publishing activities
Sector: Information & communication
Investor take
PursueActive trading company with a 77-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 31.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 31.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £14,183
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£14k
↑ 30% YoY
Current Assets
£23k
↓ 33% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £14.2k | £10.9k |
| Current assets | £23.4k | £34.9k |
| Net assets | £14.2k | £10.9k |
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
4
filings
- • 2 persons-with-significant-control
- • 1 accounts
- • 1 confirmation-statement
Last 180 days
6
filings
- • 2 persons-with-significant-control
- • 2 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-03-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-03-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2026-02-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-11-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-18📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-11-17➖WAUGH, Isobel Gibson resignedsecretary
- 2025-11-17➖WAUGH, Isobel Gibson resigneddirector
- 2024-10-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-02-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-03-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2007-01-03➕WAUGH, Mary Gibb appointeddirector
- 2006-12-23➖MCDONALD, Angus Ian resigneddirector
- 1994-07-13🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1978-11-14🏢Company incorporatedAs BULK MUSIC LIMITED
Owner dependency
100/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 77 — succession pressure is live.
Succession & seller-readiness
98/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 47 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: WAUGH, Isobel Gibson resigned 2025-11-17; WAUGH, Isobel Gibson resigned 2025-11-17
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Mary Gibb Waugh Individual · British · DOB 04/1949 · age 77 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 09/02/2026 |
1 historic (ceased) PSC
- Miss Isobel Gibson Waughceased 17/11/2025· 25-50% shares
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| BRAW IMPACT LTD→ SC822663 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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| CIVEON AI LTD→ SC853033 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CLOUD GUARD TECHNOLOGIES LIMITED→ SC732828 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CLOVERHEART PRODUCTION LTD→ SC604454 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| COBALT MEDIA LIMITED→ SC741142 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CODE DOCTOR LIMITED→ SC279919 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| CODE IT WISE LTD→ SC448815 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1978-11-14
Jurisdictionscotland
Primary SIC59200 — Sound recording and music publishing activities
Registered office
26 Roland Crescent
Glasgow
G77 9BH
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-02-23
Last: 2026-02-09
Officers (1 active · 3 resigned)
WAUGH, Mary Gibb→
Activedirector · ~77y · appointed 2007-01-03
View their other companies + combined net worth →
WAUGH, Isobel Gibson→
Resignedsecretary · resigned 2025-11-17
MCDONALD, Angus Ian→
Resigneddirector · ~92y · resigned 2006-12-23
WAUGH, Isobel Gibson→
Resigneddirector · ~76y · resigned 2025-11-17
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 13/07/1994 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-09
termination-director-company-with-name-termination-date
officers · TM01
2025-11-18
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-20