EURONOVA ASSET MANAGEMENT LIMITED

💤Zombieactive

SC204920 · ltd · incorporated 2000-03-13

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

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What this business does

Primary activity: Activities of open-ended investment companies

Sector: Financial & insurance

Investor take

Pursue

Active 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 (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

Lenders & charges

Confirmed no charges registered

Directors & officers

8 officers (2 active, 8 linked, 5 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

84 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

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
Average employees	100	100

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (30 events)Click to expand

2025-08-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-09-21
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-15
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-06-03
📄
termination-director-company-with-name
officers · TM01
2014-04-04
➖
REID, Henry Anthony Caradoc resigned
director
2008-12-12
➖
GRAHAM, Jeremy Andrew Ogilvie resigned
director
2004-01-27
➕
GRAHAM, Jeremy Andrew Ogilvie appointed
director
2003-10-16
➖
HOUSTON, David Arthur resigned
director
2003-10-16
➕
REID, Henry Anthony Caradoc appointed
director
2003-01-13
➖
DAVIES, Graeme Racine resigned
director
2002-01-07
➕
DAVIES, Graeme Racine appointed
director
2000-03-13
🏢
Company incorporated
As EURONOVA ASSET MANAGEMENT LIMITED
2000-03-13
➕
SWANSON, Amanda Jane Gloster appointed
secretary
2000-03-13
➕
SWANSON, Amanda Jane Gloster appointed
director
2000-03-13
➕
FIRST SCOTTISH SECRETARIES LIMITED appointed
corporate-nominee-secretary
2000-03-13
➖
FIRST SCOTTISH SECRETARIES LIMITED resigned
corporate-nominee-secretary
2000-03-13
➕
HOUSTON, David Arthur appointed
director
2000-03-13
➕
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
corporate-nominee-director
2000-03-13
➖
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resigned
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 26 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 candidate

Strong 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 26 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 26 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Henry Anthony Caradoc Reid Individual · British · DOB 07/1958 · age 68	50–75%	—	50-75% shares	06/04/2016
Mrs Amanda Jane Gloster Swanson Individual · British · DOB 03/1961 · age 65	25–50%	—	25-50% shares	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Financial services · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
HOXTON VENTURES IV, (SCOT) LTD→ SC818164 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
JPMAM RE GP 2 LIMITED→ SC324322 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
KILGOUR INVESTMENTS LIMITED→ SC555112 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
KILWAUGHTER CONSULTANTS LTD.→ SC351701 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
KK ADVISER LTD→ SC761416 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
KSF III GP LIMITED→ SC672712 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
L3 INVESTMENT HOLDINGS GP LIMITED→ SC521123 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
L4 INVESTMENT HOLDINGS GP LIMITED→ SC571533 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
L5 INVESTMENT HOLDINGS GP LIMITED→ SC581677 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
LANXING CAPITAL LIMITED→ SC576766 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
LARCHPOINT 1B RB CARRY GP LIMITED→ SC677790 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
LARCHPOINT 1B RB COINVEST GP LIMITED→ SC677796 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated2000-03-13

Jurisdictionscotland

Primary SIC64304 — Activities of open-ended investment companies

Registered office

7 - 9 North St David Street

St Andrew Square

Edinburgh

Midlothian,

EH2 1AW

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-27

Last: 2026-03-13

Officers (2 active · 6 resigned)

SWANSON, Amanda Jane Gloster→

secretary · appointed 2000-03-13

View their other companies + combined net worth →

Active

SWANSON, Amanda Jane Gloster→

director · ~65y · appointed 2000-03-13

View their other companies + combined net worth →

Active

FIRST SCOTTISH SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2000-03-13 · resigned 2000-03-13

Resigned

DAVIES, Graeme Racine→

director · ~60y · appointed 2002-01-07 · resigned 2003-01-13

Resigned

GRAHAM, Jeremy Andrew Ogilvie→

director · ~64y · appointed 2004-01-27 · resigned 2008-12-12

Resigned

HOUSTON, David Arthur→

director · ~69y · appointed 2000-03-13 · resigned 2003-10-16

Resigned

REID, Henry Anthony Caradoc→

director · ~68y · appointed 2003-10-16 · resigned 2014-04-04

Resigned

FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→

corporate-nominee-director · appointed 2000-03-13 · resigned 2000-03-13

Resigned

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