ALAN SHIEL LIMITED

💤Zombieactive
SC238129 · ltd · incorporated 2002-10-14
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
£64.4k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 60-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 60). 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).

🏦

Refinance opportunity

2 live charges · oldest 2.0y

10/100
under pressure

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

  • · Newest facility, 2.0 years old — likely still in initial term.
  • · 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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
62 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £64,428

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£64k
Current Assets
£6k
Current Liabilities
£0£13k£26k£39k£52k£64kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£64.4k
Current assets£6.5k
Net assets£64.4k

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
  1. 2025-11-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-03-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-08-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2024-07-29
    🔒
    Charge registered #2
    Lender: The Mortgage Works (UK) PLC
  5. 2024-06-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-06-19
    🔒
    Charge registered #1
    Lender: The Mortgage Works (UK) PLC
  7. 2024-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-02-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-12-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-07-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2022-07-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-07-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2022-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2021-02-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-12-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2020-12-22
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2020-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-03-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-03-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2015-01-20
    SMALL, Gaynor Anne resigned
    secretary
  21. 2002-10-14
    🏢
    Company incorporated
    As ALAN SHIEL LIMITED
  22. 2002-10-14
    SHIEL, Alan appointed
    director
  23. 2002-10-14
    SMALL, Gaynor Anne appointed
    secretary
  24. 2002-10-14
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2002-10-14
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

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.
  • +Founder name in company name: Company name contains director surname "SHIEL" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alan Shiel
Individual · Scottish · DOB 10/1966 · age 60
75100%
75-100% shares06/04/2016

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
Incorporated2002-10-14
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

2 St Margaret's Drive
Hawick
Roxburghshire
TD9 0JE
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (1 active · 2 resigned)

SHIEL, Alan
director · ~60y · appointed 2002-10-14
View their other companies + combined net worth →
Active
SMALL, Gaynor Anne
secretary · appointed 2002-10-14 · resigned 2015-01-20
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2002-10-14 · resigned 2002-10-14
Resigned

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
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property29/07/2024
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property19/06/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (62 total)

change-person-director-company-with-change-date
officers · CH01
2025-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-14
change-person-director-company-with-change-date
officers · CH01
2022-07-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-25