TRADSTOCKS LTD.

💤Zombieactive
SC196006 · ltd · incorporated 1999-05-06
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 Jun 2025
Net worth
£3.60M
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 23700
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46130SIC 46130
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (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: Cash flow review and working-capital discipline. Cash down -37% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 26.8y

30/100
under pressure

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

  • · Oldest live charge is 26.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 1 with DOB)
73
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
80 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,602,210
Cash YoY
-37%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£95k
↓ 37% YoY
Net Worth
£3.6m
↑ 2.0% YoY
Current Assets
£2.8m
↑ 7.2% YoY
Current Liabilities
—
£0£720k£1.4m£2.2m£2.9m£3.6mJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£3.75M£3.67M
Current assets£2.81M£2.62M
Cash£95.0k£151.9k
Debtors£2.45M£2.27M
Net assets£3.60M£3.53M

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 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-07-01
    📄
    capital-allotment-shares
    capital · SH01
  7. 2021-06-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2021-06-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-03-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-05-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-03-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-05-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-03-19
    ➖
    MCFARLANE, David William resigned
    secretary
  18. 2014-04-28
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  19. 2010-05-06
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  20. 2001-11-16
    ➕
    MCFARLANE, David William appointed
    secretary
  21. 2001-11-16
    ➖
    STEWART, Melanie resigned
    secretary
  22. 1999-07-05
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  23. 1999-05-06
    🏢
    Company incorporated
    As TRADSTOCKS LTD.
  24. 1999-05-06
    ➕
    STEWART, Peter James Allan appointed
    director
  25. 1999-05-06
    ➕
    STEWART, Melanie appointed
    secretary
  26. 1999-05-06
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  27. 1999-05-06
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  28. 1999-05-06
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  29. 1999-05-06
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  30. 1999-05-06
    ➕
    PETER TRAINER COMPANY SERVICES LTD. appointed
    corporate-nominee-director
  31. 1999-05-06
    ➖
    PETER TRAINER COMPANY SERVICES LTD. resigned
    corporate-nominee-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 27 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 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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.)

Group structure

Tradstocks Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Tradstocks Group Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
TRADSTOCKS LTD.
This company · SC196006

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Tradstocks Group Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control29/06/2021
1 historic (ceased) PSC
  • Mr Peter James Allan Stewartceased 29/06/2021· 75-100% shares · 75-100% voting

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 →

Similar companies

Active · Manufacturing · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
N47 GARAGE LIMITED→
SC836683 · est 2025 · no financials extracted
————1y——
OCEAN OUTFIT LTD→
SC747990 · est 2022 · no financials extracted
————3y——
RMK CABLE JOINTING SERVICES LTD→
SC832236 · est 2024 · no financials extracted
————1y——
SMITH PACKAGING PRODUCTS LIMITED→
SC280922 · est 2005 · no financials extracted
————21y——
STEELFAB SERVICES LTD→
SC752276 · est 2022 · no financials extracted
————3y——
STR PERFORMANCE LTD→
SC799599 · est 2024 · no financials extracted
————2y——
THE KILTED CANDLE LTD→
SC609022 · est 2018 · no financials extracted
————7y——
TIMBER COMPONENTS (UK) LTD.→
SC060901 · est 1976 · no financials extracted
————49y——
TOTAL REFRESHMENT SOLUTIONS LIMITED→
SC179175 · est 1997 · no financials extracted
————28y——
TOUGHTAGS LIMITED→
SC710513 · est 2021 · no financials extracted
————4y——
TRADSTOCKS STONE QUARRYING LTD.→
SC331836 · est 2007 · no financials extracted
————18y——
TROPHIES FRAMES & SCREEN PRINTING LTD→
SC727792 · est 2022 · no financials extracted
————4y——
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
Incorporated1999-05-06
Jurisdictionscotland
Primary SIC23700 — SIC 23700

Registered office

Dunaverig
Thornhill
Stirling
FK8 3QW

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-05-18
Last: 2025-05-04

Officers (1 active · 5 resigned)

STEWART, Peter James Allan→
director · ~57y · appointed 1999-05-06
View their other companies + combined net worth →
Active
MCFARLANE, David William→
secretary · appointed 2001-11-16 · resigned 2015-03-19
Resigned
STEWART, Melanie→
secretary · appointed 1999-05-06 · resigned 2001-11-16
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-secretary · appointed 1999-05-06 · resigned 1999-05-06
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-director · appointed 1999-05-06 · resigned 1999-05-06
Resigned
PETER TRAINER COMPANY SERVICES LTD.→
corporate-nominee-director · appointed 1999-05-06 · resigned 1999-05-06
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
A registered charge—28/04/2014—
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property06/05/2010—
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property05/07/1999—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (80 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-09
capital-allotment-shares
capital · SH01
2021-07-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-06-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-27
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-07