EDIN 45 LTD.

💤Zombieactive
SC183593 · ltd · incorporated 1998-03-05
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
—
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

Data confidence

Overall: medium (76/100)

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
Network not yet resolved
30
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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 officers
Last 180 days
1
filing
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-04-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-14
    ➖
    HENDERSON, Kay Margaret resigned
    director
  3. 2025-11-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-11-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-11-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-12-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-01-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-04-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-12-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-12-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2017-11-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-12-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-03-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-11-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2015-03-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-01-21
    ➕
    HENDERSON, Kay Margaret appointed
    director
  17. 2015-01-21
    ➖
    WILSON, Suzanne resigned
    director
  18. 2015-01-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2015-01-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2007-06-22
    ➕
    HENDERSON, Nicholas James appointed
    secretary
  21. 2007-06-22
    ➖
    WILSON, Stephen Paul resigned
    secretary
  22. 2007-06-22
    ➖
    WILSON, Stephen Paul resigned
    director
  23. 2007-06-22
    ➕
    WILSON, Suzanne appointed
    director
  24. 2006-06-27
    ➖
    GRAHAM, Alexander resigned
    director
  25. 2006-05-01
    ➕
    HENDERSON, Nicholas James appointed
    director
  26. 2006-05-01
    ➖
    GRAHAM, Alexander resigned
    secretary
  27. 2006-05-01
    ➕
    WILSON, Stephen Paul appointed
    secretary
  28. 2006-05-01
    ➖
    GRAHAM, Keith Alexander resigned
    director
  29. 2006-05-01
    ➕
    WILSON, Stephen Paul appointed
    director
  30. 1999-12-23
    ➕
    GRAHAM, Keith Alexander appointed
    director
  31. 1999-12-22
    ➕
    GRAHAM, Alexander appointed
    secretary
  32. 1999-12-22
    ➖
    ARCHIBALD CAMPBELL & HARLEY resigned
    corporate-nominee-secretary
  33. 1998-03-05
    🏢
    Company incorporated
    As EDIN 45 LTD.
  34. 1998-03-05
    ➕
    ARCHIBALD CAMPBELL & HARLEY appointed
    corporate-nominee-secretary
  35. 1998-03-05
    ➕
    BLACK, Douglas Maclean appointed
    nominee-director
  36. 1998-03-05
    ➖
    BLACK, Douglas Maclean resigned
    nominee-director
  37. 1998-03-05
    ➕
    GRAHAM, Alexander appointed
    director

Owner dependency

85/100
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 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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 Nicholas James Henderson
Individual · British · DOB 09/1969 · age 57
75–100%
—75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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————28y8283y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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.

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Company details

Statusactive
Typeltd
Incorporated1998-03-05
Jurisdictionscotland
Primary SIC49320 — SIC 49320

Registered office

115 Bishops Park
Mid Calder
Livingston
West Lothian
EH53 0SR

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-21
Last: 2025-05-07

Officers (2 active · 9 resigned)

HENDERSON, Nicholas James→
secretary · appointed 2007-06-22
View their other companies + combined net worth →
Active
HENDERSON, Nicholas James→
director · ~57y · appointed 2006-05-01
View their other companies + combined net worth →
Active
GRAHAM, Alexander→
secretary · appointed 1999-12-22 · resigned 2006-05-01
Resigned
WILSON, Stephen Paul→
secretary · appointed 2006-05-01 · resigned 2007-06-22
Resigned
ARCHIBALD CAMPBELL & HARLEY→
corporate-nominee-secretary · appointed 1998-03-05 · resigned 1999-12-22
Resigned
BLACK, Douglas Maclean→
nominee-director · ~67y · appointed 1998-03-05 · resigned 1998-03-05
Resigned
GRAHAM, Alexander→
director · ~77y · appointed 1998-03-05 · resigned 2006-06-27
Resigned
GRAHAM, Keith Alexander→
director · ~53y · appointed 1999-12-23 · resigned 2006-05-01
Resigned
HENDERSON, Kay Margaret→
director · ~60y · appointed 2015-01-21 · resigned 2026-04-14
Resigned
WILSON, Stephen Paul→
director · ~54y · appointed 2006-05-01 · resigned 2007-06-22
Resigned
WILSON, Suzanne→
director · ~53y · appointed 2007-06-22 · resigned 2015-01-21
Resigned

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

Recent filings (81 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-27
accounts-with-accounts-type-dormant
accounts · AA
2025-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-dormant
accounts · AA
2024-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-dormant
accounts · AA
2023-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-08
accounts-with-accounts-type-dormant
accounts · AA
2022-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-19
accounts-with-accounts-type-dormant
accounts · AA
2022-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-07
accounts-with-accounts-type-dormant
accounts · AA
2021-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-08
accounts-with-accounts-type-dormant
accounts · AA
2019-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-17