TAY TEXTILES (1998) LIMITED

💤Zombieactive
SC188416 · ltd · incorporated 1998-08-11
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 46160
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 69). 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 18.6y

45/100
under pressure

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

  • · Oldest live charge is 18.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 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£0Oct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-312024-10-31
Average employees100100

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-31
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  5. 2023-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-09-30
    ➖
    MCINTYRE, Lorraine resigned
    secretary
  7. 2022-08-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-08-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2022-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-07-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2017-03-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-03-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2007-09-27
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  18. 1998-09-29
    ➕
    MCINTYRE, Brian appointed
    director
  19. 1998-09-29
    ➕
    MCINTYRE, Lorraine appointed
    secretary
  20. 1998-09-29
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  21. 1998-09-29
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  22. 1998-08-11
    🏢
    Company incorporated
    As TAY TEXTILES (1998) LIMITED
  23. 1998-08-11
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  24. 1998-08-11
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-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 69 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. 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

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 Brian Mcintyre
Individual · British · DOB 09/1957 · age 69
25–50%
25–50%sig. influence25-50% shares · 25-50% voting · significant influence30/07/2016
1 historic (ceased) PSC
  • Mrs Lorraine Mcintyreceased 01/09/2021· 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
Incorporated1998-08-11
Jurisdictionscotland
Primary SIC46160 — SIC 46160

Registered office

40 Greenbourne Gardens
Monifieth
Dundee
DD5 4EU
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-08-13
Last: 2025-07-30

Officers (1 active · 3 resigned)

MCINTYRE, Brian→
director · ~69y · appointed 1998-09-29
View their other companies + combined net worth →
Active
MCINTYRE, Lorraine→
secretary · appointed 1998-09-29 · resigned 2022-09-30
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1998-08-11 · resigned 1998-09-29
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1998-08-11 · resigned 1998-09-29
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
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property27/09/2007—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-31
termination-secretary-company-with-name-termination-date
officers · TM02
2023-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-30