QUALITY STONE LIMITED

💤Zombieactive
SC137028 · ltd · incorporated 1992-03-09
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 Nov 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 80-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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

2 live charges · 2 lenders · oldest 31.8y

30/100
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.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
92 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red 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£0£0£0£0£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-08-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-08-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-08-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-08-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-08-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-02-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2021-02-02
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  8. 2020-10-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-08-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-08-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-08-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-05-16
    📄
    legacy
    miscellaneous · RP04CS01
  13. 2016-08-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-03-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-09-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2005-04-21
    ➕
    TURNBULL, Henry appointed
    secretary
  17. 2005-04-21
    ➖
    TAYLOR, Gordon John resigned
    secretary
  18. 2005-01-31
    ➖
    TAYLOR, Gordon John resigned
    director
  19. 2003-10-24
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  20. 2001-11-27
    ➖
    GRANT, Douglas Robertson resigned
    secretary
  21. 2001-11-27
    ➕
    TAYLOR, Gordon John appointed
    secretary
  22. 2001-11-27
    ➕
    TAYLOR, Gordon John appointed
    director
  23. 1994-07-13
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 1992-03-09
    🏢
    Company incorporated
    As QUALITY STONE LIMITED
  25. 1992-03-09
    ➕
    TURNBULL, Henry appointed
    director
  26. 1992-03-09
    ➕
    GRANT, Douglas Robertson appointed
    secretary
  27. 1992-03-09
    ➕
    REID, Brian appointed
    nominee-secretary
  28. 1992-03-09
    ➖
    REID, Brian resigned
    nominee-secretary
  29. 1992-03-09
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  30. 1992-03-09
    ➖
    MABBOTT, Stephen resigned
    nominee-director

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 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — 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 80 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 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 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
NameSharesVoting rightsNature of controlNotified
Mr Henry Turnbull
Individual · British · DOB 08/1946 · age 80
——sig. influencesignificant influence23/02/2017

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 →

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—£4.00M—22y8281y
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————19y8371y
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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
Incorporated1992-03-09
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Wallace House
Whitehouse Road
Stirling
FK7 7TA

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23

Officers (2 active · 5 resigned)

TURNBULL, Henry→
secretary · appointed 2005-04-21
View their other companies + combined net worth →
Active
TURNBULL, Henry→
director · ~80y · appointed 1992-03-09
View their other companies + combined net worth →
Active
GRANT, Douglas Robertson→
secretary · appointed 1992-03-09 · resigned 2001-11-27
Resigned
REID, Brian→
nominee-secretary · appointed 1992-03-09 · resigned 1992-03-09
Resigned
TAYLOR, Gordon John→
secretary · appointed 2001-11-27 · resigned 2005-04-21
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1992-03-09 · resigned 1992-03-09
Resigned
TAYLOR, Gordon John→
director · ~60y · appointed 2001-11-27 · resigned 2005-01-31
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property24/10/2003—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property13/07/1994—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (92 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-25
accounts-with-accounts-type-dormant
accounts · AA
2025-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-06
accounts-with-accounts-type-dormant
accounts · AA
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-dormant
accounts · AA
2023-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-dormant
accounts · AA
2022-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-23
accounts-with-accounts-type-dormant
accounts · AA
2021-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-23
change-person-director-company-with-change-date
officers · CH01
2021-02-02
change-person-secretary-company-with-change-date
officers · CH03
2021-02-02
accounts-with-accounts-type-dormant
accounts · AA
2020-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-02