INCINALYSIS LIMITED

💤Zombieactive
SC185561 · ltd · incorporated 1998-04-30
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 May 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Activities of patent and copyright agents; other legal activities
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
  • 80300Investigation activities
Investor take
Pursue
Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 75). 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 27.4y

45/100
under pressure

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

  • · Oldest live charge is 27.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
71 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Average employees100200

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-05-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-03-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-03-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-03-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-06-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2019-06-08
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  13. 2019-04-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2017-06-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 1999-06-09
    ➖
    MCLAUCHLAN, William Welsh resigned
    director
  16. 1999-02-02
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  17. 1998-06-01
    ➕
    MARSHALL, Kay Catherine appointed
    secretary
  18. 1998-04-30
    🏢
    Company incorporated
    As INCINALYSIS LIMITED
  19. 1998-04-30
    ➕
    MARSHALL, John Boyd appointed
    director
  20. 1998-04-30
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  21. 1998-04-30
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  22. 1998-04-30
    ➕
    MCLAUCHLAN, William Welsh 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 28 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 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

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 John Boyd Marshall
Individual · British · DOB 02/1951 · age 75
50–75%
—50-75% shares06/04/2017

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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J.P. RENTALS LIMITED→
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£3.56M
£2.63M–£4.50M
——3125y8375y
JARVIE PLANT LIMITED→
SC313751 · est 2006
£2.47M
£1.82M–£3.12M
——15419y8475y
CONTRACT SCOTLAND LIMITED→
SC190122 · est 1998
£2.22M
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——6027y8349y
STERLING TRUCKS LIMITED→
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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
Incorporated1998-04-30
Jurisdictionscotland
Primary SIC69109 — Activities of patent and copyright agents; other legal activities

Registered office

14 Duke Street
Clackmannan
FK10 4EF
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-22
Last: 2026-05-08

Officers (2 active · 2 resigned)

MARSHALL, Kay Catherine→
secretary · appointed 1998-06-01
View their other companies + combined net worth →
Active
MARSHALL, John Boyd→
director · ~75y · appointed 1998-04-30
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1998-04-30 · resigned 1998-04-30
Resigned
MCLAUCHLAN, William Welsh→
director · ~77y · appointed 1998-04-30 · resigned 1999-06-09
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 Governor and Company of the Bank of Scotland
Floating charge1 property02/02/1999—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-05-28