ON TEE LIMITED

💤Zombieactive
SC128110 · ltd · incorporated 1990-10-24
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 Oct 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Wholesale of furniture, carpets and lighting equipment
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
9 officers (1 active, 9 linked, 3 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Oct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Average employees00

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 (32 events)Click to expand
  1. 2025-07-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-25
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  4. 2023-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-07-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  6. 2022-11-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-07-14
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2021-11-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-07-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2021-01-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2021-01-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-12-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2019-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-07-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2011-08-15
    ➖
    STODDART, Margaret Rose resigned
    secretary
  17. 2002-08-05
    ➖
    SMITH, Sheila resigned
    secretary
  18. 2002-08-05
    ➕
    STODDART, Margaret Rose appointed
    secretary
  19. 1996-11-01
    ➕
    SMITH, Sheila appointed
    secretary
  20. 1992-11-13
    ➕
    STODDART, Mark John appointed
    secretary
  21. 1992-11-13
    ➖
    STODDART, Mark John resigned
    secretary
  22. 1992-11-13
    ➖
    STODDART, Mathew Watson resigned
    secretary
  23. 1992-11-13
    ➖
    STODDART, Mark John resigned
    director
  24. 1992-11-13
    ➖
    STODDART, Mathew Watson resigned
    director
  25. 1990-10-24
    🏢
    Company incorporated
    As ON TEE LIMITED
  26. 1990-10-24
    ➕
    STODDART, Mathew Watson appointed
    secretary
  27. 1990-10-24
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  28. 1990-10-24
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  29. 1990-10-24
    ➕
    STODDART, Mark John appointed
    director
  30. 1990-10-24
    ➕
    STODDART, Mathew Watson appointed
    director
  31. 1990-10-24
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  32. 1990-10-24
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.

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%
NameSharesVoting rightsNature of controlNotified
Mr Mark John Stoddart
Individual · British · DOB 07/1960 · age 66
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
RASPUTIN LEISURE LTD→
SC424636 · est 2012 · no financials extracted
————13y——
RIVERBANK ELECTRICAL WHOLESALERS LIMITED→
SC071107 · est 1980 · no financials extracted
————46y——
RIVERSIDE GLOBAL SOLUTIONS LIMITED→
SC480388 · est 2014 · no financials extracted
————11y——
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RST SALTCOATS LTD→
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RUKERI LTD→
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————14y——
RW (SCOTLAND) SUPPLIES LTD.→
SC454153 · est 2013 · no financials extracted
————12y——
SA GOLF SALES LIMITED→
SC835985 · est 2025 · no financials extracted
————1y——
SADDLE UP LTD.→
SC281999 · est 2005 · no financials extracted
————21y——
SALT AND GRIT SOLUTIONS LTD→
SC385185 · est 2010 · no financials extracted
————15y——
SB OPHTHALMIC LENS TECHNOLOGIES UK LIMITED→
SC537860 · est 2016 · no financials extracted
————9y——
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
Incorporated1990-10-24
Jurisdictionscotland
Primary SIC46470 — Wholesale of furniture, carpets and lighting equipment

Registered office

29 Portland Road
Kilmarnock
Ayrshire
KA1 2BY

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-04
Last: 2025-10-21

Officers (1 active · 8 resigned)

STODDART, Mark John→
director · ~66y
View their other companies + combined net worth →
Active
SMITH, Sheila→
secretary · appointed 1996-11-01 · resigned 2002-08-05
Resigned
STODDART, Margaret Rose→
secretary · appointed 2002-08-05 · resigned 2011-08-15
Resigned
STODDART, Mark John→
secretary · appointed 1992-11-13 · resigned 1992-11-13
Resigned
STODDART, Mathew Watson→
secretary · appointed 1990-10-24 · resigned 1992-11-13
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1990-10-24 · resigned 1990-10-24
Resigned
STODDART, Mark John→
director · ~66y · appointed 1990-10-24 · resigned 1992-11-13
Resigned
STODDART, Mathew Watson→
director · ~110y · appointed 1990-10-24 · resigned 1992-11-13
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1990-10-24 · resigned 1990-10-24
Resigned

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

Recent filings (94 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
change-account-reference-date-company-current-extended
accounts · AA01
2023-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-25
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-07-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-10
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-07-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-04
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2021-07-27
gazette-filings-brought-up-to-date
gazette · DISS40
2021-01-12