ENVIROSPARES LTD.

💤Zombieactive
SC154056 · ltd · incorporated 1994-11-02
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£100
book net assets
Opportunity
80/100
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 75-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 75). 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: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
84 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £100
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
~ YoY
Net Worth
£100
~ YoY
Current Assets
Current Liabilities
£0£20£40£60£80£100Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£100£100
Cash£100£100
Net assets£100£100

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 (26 events)Click to expand
  1. 2025-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-12-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-12-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-12-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-11-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2015-12-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2015-11-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-12-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2014-11-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-12-29
    FULTON, Thomas Bonnar resigned
    director
  17. 2000-04-01
    MARSHALL, Thomas Elder resigned
    director
  18. 1995-02-09
    FULTON, Joyce Jean appointed
    secretary
  19. 1995-02-09
    FULTON, Hugh Macbrayne appointed
    director
  20. 1995-02-09
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  21. 1995-02-09
    FULTON, Thomas Bonnar appointed
    director
  22. 1995-02-09
    MARSHALL, Thomas Elder appointed
    director
  23. 1995-02-09
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  24. 1994-11-02
    🏢
    Company incorporated
    As ENVIROSPARES LTD.
  25. 1994-11-02
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  26. 1994-11-02
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-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 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — 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 75 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 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 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 Hugh Macbrayne Fulton
Individual · British · DOB 05/1951 · age 75
2550%
25–50%board control25-50% shares · 25-50% 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 →

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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
Incorporated1994-11-02
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

29 Brandon Street
Hamilton
South Lanarkshire
ML3 6DA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-16
Last: 2025-11-02

Officers (2 active · 4 resigned)

FULTON, Joyce Jean
secretary · appointed 1995-02-09
View their other companies + combined net worth →
Active
FULTON, Hugh Macbrayne
director · ~75y · appointed 1995-02-09
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1994-11-02 · resigned 1995-02-09
Resigned
FULTON, Thomas Bonnar
director · ~72y · appointed 1995-02-09 · resigned 2013-12-29
Resigned
MARSHALL, Thomas Elder
director · ~87y · appointed 1995-02-09 · resigned 2000-04-01
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 1994-11-02 · resigned 1995-02-09
Resigned

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

Recent filings (84 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-dormant
accounts · AA
2023-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-18
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-10