TICTOC FAMILY LIMITED
💤Zombieactive
SC198988 · ltd · incorporated 1999-08-17
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
£284.3k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other information technology service activities
Sector: Information & communication
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: strategic trade sale (65/100).
🏦
Refinance opportunity
2 live charges · oldest 20.0y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 20.0 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 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 declaredPositive net assets
Net assets £284,251
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£284k
Current Assets
£128k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £560.0k | — |
| Current assets | £128.3k | — |
| Net assets | £284.3k | — |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-09-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-17📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2024-01-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-24📄capital-return-purchase-own-sharescapital · SH03
- 2018-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-31📄change-person-director-company-with-change-dateofficers · CH01
- 2017-08-31📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-08-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-08-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-03-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-09-01➖RUSSELL, Melanie resigneddirector
- 2006-05-31🔒Charge registered #2Lender: Hsbc Bank PLC
- 2006-05-02🔒Charge registered #1Lender: Hsbc Bank PLC
- 1999-08-17🏢Company incorporatedAs TICTOC FAMILY LIMITED
- 1999-08-17➕MCGILVRAY, David appointedsecretary
- 1999-08-17➕MCGILVRAY, David appointeddirector
- 1999-08-17➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1999-08-17➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1999-08-17➕RUSSELL, Melanie appointeddirector
Owner dependency
85/100
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 27 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
75/100
Likely off-market candidateStrong 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
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Mcgilvray Individual · British · DOB 03/1971 · age 55 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
1 historic (ceased) PSC
- Ms Melanie Russellceased 01/09/2016· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| TIGER ASPECT SCOTLAND LIMITED→ SC205805 · est 2000 · no financials extracted | — | — | — | — | 26y | — | — |
| TIP2TAIL LTD→ SC542338 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| TIREE CONSULTING LIMITED→ SC316231 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| TLA SYSTEMS LIMITED→ SC182999 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| TOGFINDER LTD.→ SC858529 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TOISC LIMITED→ SC433212 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| TOMORROW DESIGN LTD→ SC480335 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| TOP LODER EDITING LIMITED→ SC724168 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| TOP SHOT FILMS LTD→ SC737052 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| TOTAL AUTOMATION GROUP LTD→ SC855596 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TRACKING ALL FLEET LTD→ SC797797 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| TRADEGAZE LTD→ SC854990 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated1999-08-17
Jurisdictionscotland
Primary SIC62090 — Other information technology service activities
Registered office
14 Newton Terrace
Glasgow
G3 7PJ
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18
Officers (2 active · 2 resigned)
Active
MCGILVRAY, David→
Activedirector · ~55y · appointed 1999-08-17
View their other companies + combined net worth →
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-08-17 · resigned 1999-08-17
RUSSELL, Melanie→
Resigneddirector · ~54y · appointed 1999-08-17 · resigned 2016-09-01
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Standard security | 1 property | 31/05/2006 | — | |
| outstanding | HSBC Hsbc Bank PLC | Floating charge | 1 property | 02/05/2006 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (74 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-01
change-account-reference-date-company-current-shortened
accounts · AA01
2024-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-09-02