PACE PRINT (EDINBURGH) LIMITED

💤Zombieactive
SC100481 · ltd · incorporated 1986-08-13
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 Jul 2025
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: SIC 18121
Sector: Manufacturing
ALSO REGISTERED FOR
  • 18129SIC 18129
  • 18140SIC 18140
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 57/100. 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: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 37.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 37.5 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£24k£47k£71k£95k£118kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£235.2k
Current assets£41.4k
Net assets£118.3k
Average employees200

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-05-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2019-05-06
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC
  10. 2019-04-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2019-04-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-04-05
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  13. 2018-04-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-04-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-04-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-04-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2015-05-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2015-04-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2014-08-01
    MELROSE, David appointed
    director
  20. 2014-07-31
    MCINSTRAY, Paul resigned
    secretary
  21. 2014-07-31
    DALGLEISH, Edward Wilkinson resigned
    director
  22. 2008-03-28
    DALGLEISH, Edward Wilkinson resigned
    secretary
  23. 2008-03-28
    MCINSTRAY, Paul appointed
    secretary
  24. 2008-03-28
    MCLEOD, Derek Peter resigned
    director
  25. 1996-11-13
    🔓
    Charge satisfied #1
  26. 1996-09-25
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  27. 1988-11-07
    🔒
    Charge registered #1
    Lender: Tsb Bank Scotland PLC
  28. 1986-08-13
    🏢
    Company incorporated
    As PACE PRINT (EDINBURGH) LIMITED

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 40 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-11

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Melrose
Individual · British · DOB 05/1980 · age 46
75100%
75-100% shares18/03/2017

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1986-08-13
Jurisdictionscotland
Primary SIC18121 — SIC 18121

Registered office

19 South Clerk Street
Edinburgh
EH8 9JD

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-04-11OVERDUE
Last: 2025-03-28

Officers (1 active · 4 resigned)

MELROSE, David
director · ~46y · appointed 2014-08-01
View their other companies + combined net worth →
Active
DALGLEISH, Edward Wilkinson
secretary · resigned 2008-03-28
Resigned
MCINSTRAY, Paul
secretary · appointed 2008-03-28 · resigned 2014-07-31
Resigned
DALGLEISH, Edward Wilkinson
director · ~75y · resigned 2014-07-31
Resigned
MCLEOD, Derek Peter
director · ~74y · resigned 2008-03-28
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge1 property06/05/2019
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge05/04/2019
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property25/09/1996
satisfied
Lloyds Banking Group
Tsb Bank Scotland PLC
Bond & floating charge1 property07/11/198813/11/1996
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (101 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-05-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-04-25