COLTEST LIMITED
💤Zombieactive
SC229995 · ltd · incorporated 2002-04-05
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
£512.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).
🏦
Refinance opportunity
1 live charge · oldest 22.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · 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, 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
8 officers (1 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
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 £512,051
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£512k
~ YoY
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £512.1k | £512.1k |
| Net assets | £512.1k | £512.1k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2026-02-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-01-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-09-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-09-01📄dissolution-withdrawal-application-strike-off-companydissolution · DS02
- 2021-08-17📄gazette-notice-voluntarygazette · GAZ1(A)
- 2021-08-05➖TELA TECHNOLOGY LTD resignedcorporate-director
- 2021-08-05📄dissolution-application-strike-off-companydissolution · DS01
- 2021-03-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-16➖COLLIE, Neil Duncan resigneddirector
- 2020-01-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-10-18📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2019-10-14➕CHEEMA, Shehzada Sikandar appointeddirector
- 2019-10-14➖BURNETT & REID LLP resignedcorporate-secretary
- 2019-10-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2019-10-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-07-04🔓Charge satisfied #1
- 2012-10-01➕BURNETT & REID LLP appointedcorporate-secretary
- 2012-09-30➖BURNETT & REID resignedcorporate-secretary
- 2012-06-29➖SLEIGH, Gordon Bruce resigneddirector
- 2010-10-14➕TELA TECHNOLOGY LTD appointedcorporate-director
- 2004-11-25➕SLEIGH, Gordon Bruce appointeddirector
- 2003-06-03🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2002-04-05🏢Company incorporatedAs COLTEST LIMITED
- 2002-04-05➕BURNETT & REID appointedcorporate-secretary
- 2002-04-05➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2002-04-05➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2002-04-05➕COLLIE, Neil Duncan appointeddirector
- 2002-04-05➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
- 2002-04-05➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Shehzada Sikandar Cheema Individual · British · DOB 01/1970 · age 56 | 75–100% | — | 75-100% shares | 06/08/2021 |
3 historic (ceased) PSCs
- Tela Technology Ltdceased 05/08/2021· 75-100% shares
- Braeside Business Developments Limitedceased 14/10/2019· 75-100% shares
- Coltel Holdings Limitedceased 20/04/2017· 75-100% shares
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 · Professional services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ECO2OZ BIOSOLUTIONS LTD→ SC827521 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| EM22 LTD→ SC733099 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| EMERALD AGENCY LIMITED→ SC770973 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ENERDEV CONSULTING LIMITED→ SC868181 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ENERFLOAT LTD→ SC787387 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ENERSIGHTS LIMITED→ SC853531 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ENGAGE OFFSHORE LTD→ SC787238 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ENRICH FINANCIAL PLANNING LIMITED→ SC631999 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ENSONIFY LIMITED→ SC752922 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ENTERON SERVICES LTD→ SC428286 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| EPINOIA LTD→ SC868462 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EPITYCHIA CONSULTING SERVICES LTD→ SC703534 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2002-04-05
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.
Registered office
19b Camiestone Road, Thainstone Business Park
Inverurie
AB51 5GT
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-11-22
Last: 2025-11-08
Officers (1 active · 7 resigned)
CHEEMA, Shehzada Sikandar→
Activedirector · ~56y · appointed 2019-10-14
View their other companies + combined net worth →
BURNETT & REID→
Resignedcorporate-secretary · appointed 2002-04-05 · resigned 2012-09-30
BURNETT & REID LLP→
Resignedcorporate-secretary · appointed 2012-10-01 · resigned 2019-10-14
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-04-05 · resigned 2002-04-05
COLLIE, Neil Duncan→
Resigneddirector · ~63y · appointed 2002-04-05 · resigned 2020-01-16
SLEIGH, Gordon Bruce→
Resigneddirector · ~78y · appointed 2004-11-25 · resigned 2012-06-29
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 2002-04-05 · resigned 2002-04-05
TELA TECHNOLOGY LTD→
Resignedcorporate-director · appointed 2010-10-14 · resigned 2021-08-05
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 03/06/2003 | 04/07/2017 |
Recent filings (79 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-18
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-02
termination-director-company-with-name-termination-date
officers · TM01
2021-09-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-09-02
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2021-09-01
gazette-notice-voluntary
gazette · GAZ1(A)
2021-08-17