SCOTFIX LIMITED

💤Zombieactive

SC117184 · ltd · incorporated 1989-04-06

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 Mar 2025

Net worth

£-107.9k

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 46740

Sector: Wholesale & retail

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -92% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (75/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

8 officers (1 active, 8 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

87 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £107,913

Very low cash

Cash position: £43

Cash draining

Cash down 92% YoY

Cash YoY

-92%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£43

↓ 92% YoY

Net Worth

-£108k

↓ 8.4% YoY

Current Assets

£35k

↑ 4.8% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£-56.7k	£-43.9k
Current assets	£34.9k	£33.3k
Cash	£43	£510
Debtors	£22.7k	£21.6k
Net assets	£-107.9k	£-99.5k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-02-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-10
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-11-19
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-10-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-10-20
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-05-25
➖
PHILLIPS, Paul John resigned
secretary
2017-05-25
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2017-01-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-08-15
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2002-02-01
➖
BRADY, Joseph resigned
secretary
2002-02-01
➕
PHILLIPS, Paul John appointed
secretary
1994-10-12
➕
BRADY, Joseph appointed
secretary
1994-10-12
➖
PHILLIPS, Ann resigned
secretary
1994-10-12
➖
WATT, Robert resigned
director
1993-10-15
➖
BRADY, Thomas resigned
secretary
1993-10-15
➕
PHILLIPS, Ann appointed
secretary
1993-03-30
➕
WATT, Robert appointed
director
1990-10-12
➕
PHILLIPS, Ann appointed
director
1990-10-12
➕
BRADY, Thomas appointed
secretary
1990-10-12
➖
PHILLIPS, Ann resigned
secretary
1990-10-12
➖
PHILLIPS, George William resigned
director
1989-04-06
🏢
Company incorporated
As SCOTFIX LIMITED

Owner dependency

100/100

Critical — business is the founder

The 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 36 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

100/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 37 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

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%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Ann Phillips Individual · Scottish · DOB 10/1952 · age 74	75–100%	—	75-100% shares	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Wholesale & distribution · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FLEETMAXX SOLUTIONS LTD→ SC625987 · est 2019	£10.58M £7.94M–£13.23M	—	—	5	7y	83	60y
320 LTD→ SC512657 · est 2015	£721.2k £540.9k–£901.5k	£1.66M	—	100	10y	87	41y
ATLAS WINCH & HOIST SERVICES LTD.→ SC182734 · est 1998	—	—	£10.13M	—	28y	83	68y
CHAPELHALL INDUSTRIAL BEARINGS LIMITED→ SC116385 · est 1989	—	—	£74.9k	—	37y	83	89y
HEAT SPARES LIMITED→ SC100318 · est 1986	—	—	£434.4k	—	39y	83	61y
HOSTWAVE LIMITED→ SC366873 · est 2009	—	—	£372.1k	—	16y	83	59y
BESTPUMP LTD.→ SC267050 · est 2004	—	—	£252.9k	—	22y	82	83y
CLARKE FIRE PROTECTION PRODUCTS LIMITED→ SC081670 · est 1983 · no financials extracted	—	—	—	—	43y	82	77y
COLBROOK SUPPLIES DIRECT LTD.→ SC251263 · est 2003	—	—	£255.0k	—	22y	82	81y
CUSTOM CHEMICALS (SCOTLAND) LIMITED→ SC209142 · est 2000	—	—	£134.6k	—	25y	82	71y
DALZIEL LIMITED→ SC063157 · est 1977 · no financials extracted	—	—	—	—	48y	82	71y
TOOLSAVER LTD→ SC058605 · est 1975 · no financials extracted	—	—	—	—	50y	—	—

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

Incorporated1989-04-06

Jurisdictionscotland

Primary SIC46740 — SIC 46740

Registered office

103 Gowanbrae

Caldercruix

Airdrie

Lanarkshire,

ML6 7RB

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-18

Last: 2025-11-04

Officers (1 active · 7 resigned)

PHILLIPS, Ann→

director · ~74y · appointed 1990-10-12

View their other companies + combined net worth →

Active

BRADY, Joseph→

secretary · appointed 1994-10-12 · resigned 2002-02-01

Resigned

BRADY, Thomas→

secretary · appointed 1990-10-12 · resigned 1993-10-15

Resigned

PHILLIPS, Ann→

secretary · appointed 1993-10-15 · resigned 1994-10-12

Resigned

PHILLIPS, Ann→

secretary · resigned 1990-10-12

Resigned

PHILLIPS, Paul John→

secretary · appointed 2002-02-01 · resigned 2017-05-25

Resigned

PHILLIPS, George William→

director · resigned 1990-10-12

Resigned

WATT, Robert→

director · ~80y · appointed 1993-03-30 · resigned 1994-10-12

Resigned

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