EXCHANGELAW (NO. 170) LIMITED

💤Zombieactive
SC174093 · ltd · incorporated 1997-04-03
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 Sept 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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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 74-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 74). 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 (78/100)

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
11 officers (2 active, 11 linked, 7 with DOB)
83
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
84 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£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-06-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-06-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-07-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2023-06-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-06-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-06-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-06-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-06-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-07-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-05-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2018-05-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2018-05-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-12-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-07-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2015-07-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-07-17
    JIBSON, Peter Bernard appointed
    secretary
  17. 2015-07-17
    JIBSON, Peter Bernard appointed
    director
  18. 2015-07-17
    SHELF SECRETARY LIMITED resigned
    corporate-secretary
  19. 2015-07-17
    BEVERIDGE, David Brannigan resigned
    director
  20. 2015-07-17
    SHELF DIRECTOR LIMITED resigned
    corporate-director
  21. 2010-09-29
    BEVERIDGE, David Brannigan appointed
    director
  22. 2007-07-08
    MACDONALD, Morinne resigned
    secretary
  23. 2007-07-08
    SHELF SECRETARY LIMITED appointed
    corporate-secretary
  24. 2007-07-08
    MACDONALD, Morinne resigned
    director
  25. 2007-07-08
    POLLOCK, Gail resigned
    director
  26. 2007-07-08
    SHELF DIRECTOR LIMITED appointed
    corporate-director
  27. 2005-02-03
    CURLE, Elspeth resigned
    director
  28. 2005-02-03
    POLLOCK, Gail appointed
    director
  29. 2003-09-23
    CURLE, Elspeth appointed
    director
  30. 2003-09-23
    WEIR, Caroline Jean resigned
    director
  31. 2001-07-01
    HENDERSON, Christine Selbie resigned
    director
  32. 2001-07-01
    WEIR, Caroline Jean appointed
    director
  33. 1997-04-03
    🏢
    Company incorporated
    As EXCHANGELAW (NO. 170) LIMITED
  34. 1997-04-03
    MACDONALD, Morinne appointed
    secretary
  35. 1997-04-03
    HENDERSON, Christine Selbie appointed
    director
  36. 1997-04-03
    MACDONALD, Morinne appointed
    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 74 — succession pressure is live.

Succession & seller-readiness

90/100
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.
  • secondaryStable-but-static management: Company is 29 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%
NameSharesVoting rightsNature of controlNotified
Mr Peter Bernard Jibson
Individual · British · DOB 03/1952 · age 74
75100%
75–100%75-100% shares · 75-100% voting14/07/2016

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
Incorporated1997-04-03
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

C/O Mazars Llp
Queen Street
Glasgow
G1 3DN
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-07-22
Last: 2025-07-08

Officers (2 active · 9 resigned)

JIBSON, Peter Bernard
secretary · appointed 2015-07-17
View their other companies + combined net worth →
Active
JIBSON, Peter Bernard
director · ~74y · appointed 2015-07-17
View their other companies + combined net worth →
Active
MACDONALD, Morinne
secretary · appointed 1997-04-03 · resigned 2007-07-08
Resigned
SHELF SECRETARY LIMITED
corporate-secretary · appointed 2007-07-08 · resigned 2015-07-17
Resigned
BEVERIDGE, David Brannigan
director · ~52y · appointed 2010-09-29 · resigned 2015-07-17
Resigned
CURLE, Elspeth
director · ~50y · appointed 2003-09-23 · resigned 2005-02-03
Resigned
HENDERSON, Christine Selbie
director · ~74y · appointed 1997-04-03 · resigned 2001-07-01
Resigned
MACDONALD, Morinne
director · ~70y · appointed 1997-04-03 · resigned 2007-07-08
Resigned
POLLOCK, Gail
director · ~52y · appointed 2005-02-03 · resigned 2007-07-08
Resigned
WEIR, Caroline Jean
director · ~58y · appointed 2001-07-01 · resigned 2003-09-23
Resigned
SHELF DIRECTOR LIMITED
corporate-director · appointed 2007-07-08 · resigned 2015-07-17
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
2025-07-11
accounts-with-accounts-type-dormant
accounts · AA
2025-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-09
accounts-with-accounts-type-dormant
accounts · AA
2024-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-08
change-person-director-company-with-change-date
officers · CH01
2023-07-08
accounts-with-accounts-type-dormant
accounts · AA
2023-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-11
accounts-with-accounts-type-dormant
accounts · AA
2022-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-08
accounts-with-accounts-type-dormant
accounts · AA
2021-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-18
accounts-with-accounts-type-dormant
accounts · AA
2020-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-19
accounts-with-accounts-type-dormant
accounts · AA
2019-06-11