FAITH LIMITED
💤Zombieactive
SC184013 · ltd · incorporated 1998-03-19
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 Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). 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 (75/100)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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|
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
0
filings
Last 180 days
4
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-12-02📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-11-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-12-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-12-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-11-12📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-10-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-09-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-11-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-04-01📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 1998-04-06➕WEBSTER, Christine appointedsecretary
- 1998-04-06➕HERRON, Carol Ann appointeddirector
- 1998-04-06➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1998-04-06➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1998-03-19🏢Company incorporatedAs FAITH LIMITED
- 1998-03-19➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1998-03-19➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
100/100
Critical — business is the founderThe 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 28 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 28 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Carol Ann Herron Individual · Scottish · DOB 06/1961 · age 65 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FANDUEL LIMITED→ SC333797 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| FARINGTON CONSULTANCY LTD→ SC862880 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FAWNS INTERACTIVE LTD→ SC773403 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FIRST RACCOON ENTERPRISES LTD→ SC611562 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| FISH TIN GAMES LTD→ SC712022 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FLAGMYGOLF LIMITED→ SC826626 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FMK SYSTEMS LTD→ SC337988 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| FOCHRAM ARTS LTD→ SC833443 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| FREELANCE EURO SERVICES (MMCCCLXXXIV) LIMITED→ SC310314 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| FUNSOME GAMES LTD→ SC782232 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| G.R.T. IT LTD→ SC477994 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| GAME OPTIONS LTD→ SC237747 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated1998-03-19
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities
Registered office
58 Glenisla Drive
Arbroath
Angus
DD11 5JB
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18
Officers (2 active · 2 resigned)
WEBSTER, Christine→
Activesecretary · appointed 1998-04-06
View their other companies + combined net worth →
HERRON, Carol Ann→
Activedirector · ~65y · appointed 1998-04-06
View their other companies + combined net worth →
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1998-03-19 · resigned 1998-04-06
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1998-03-19 · resigned 1998-04-06
Click a director name to see their full track record across all companies.
Recent filings (68 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-02
change-person-director-company-with-change-date
officers · CH01
2025-12-02
accounts-with-accounts-type-dormant
accounts · AA
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-dormant
accounts · AA
2024-12-17
accounts-with-accounts-type-dormant
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-18
accounts-with-accounts-type-dormant
accounts · AA
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-26
accounts-with-accounts-type-dormant
accounts · AA
2021-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-30
accounts-with-accounts-type-dormant
accounts · AA
2020-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-29