AZIMUTH TRADING LIMITED

💤Zombieactive
SC169693 · ltd · incorporated 1996-11-11
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 Dec 2024
Net worth
£-1.6k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 27.5y

45/100
under pressure

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

  • · Oldest live charge is 27.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
76 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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £1,605
Net assets shrinking
Down £1,784 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£2k
↓ 997% YoY
Current Assets
£46k
↓ 5.3% YoY
Current Liabilities
—
-£2k£8k£19k£29k£39k£49kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£-604£1.2k
Current assets£46.2k£48.8k
Net assets£-1.6k£179

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 (24 events)Click to expand
  1. 2025-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-08-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-08-27
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2024-08-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-08-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-10-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-11-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-10-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2019-11-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2019-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-08-12
    ➖
    JACK, Alison Stephen resigned
    director
  15. 2018-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-09-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2007-10-15
    ➕
    JACK, George Slater appointed
    director
  19. 1999-01-22
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 1996-11-11
    🏢
    Company incorporated
    As AZIMUTH TRADING LIMITED
  21. 1996-11-11
    ➕
    JACK, George Slater appointed
    secretary
  22. 1996-11-11
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  23. 1996-11-11
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  24. 1996-11-11
    ➕
    JACK, Alison Stephen appointed
    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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

98/100
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 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 30 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 George Slater Jack
Individual · British · DOB 04/1956 · age 70
25–50%
—25-50% shares11/11/2016
1 historic (ceased) PSC
  • Mrs Alison Stephen Jackceased 12/08/2019· 25-50% shares

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

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
Incorporated1996-11-11
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

10 Ferguson Drive
Fraserburgh
Aberdeenshire
AB43 7FH
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-06
Last: 2025-08-23

Officers (2 active · 2 resigned)

JACK, George Slater→
secretary · appointed 1996-11-11
View their other companies + combined net worth →
Active
JACK, George Slater→
director · ~70y · appointed 2007-10-15
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1996-11-11 · resigned 1996-11-11
Resigned
JACK, Alison Stephen→
director · ~68y · appointed 1996-11-11 · resigned 2019-08-12
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property22/01/1999—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (76 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-26
change-person-director-company-with-change-date
officers · CH01
2024-08-27
change-person-director-company-with-change-date
officers · CH01
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
change-person-secretary-company-with-change-date
officers · CH03
2024-08-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-10
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-26