HADENUFF LIMITED

💤Zombieactive

SC242924 · ltd · incorporated 2003-01-27

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 Jan 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Artistic creation

Sector: Arts, entertainment & recreation

Investor take

Pursue

Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). 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 (78/100)

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

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

53 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 · FRS 102

Metric	2025-01-31	2024-01-31

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

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-01-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2025-01-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-10-31
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-10-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-10-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-11-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-10-07
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-10-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-10-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-10-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-03-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-02-23
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2014-03-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-08-28
➖
SINCLAIR, George Macfarlane resigned
director
2003-01-27
🏢
Company incorporated
As HADENUFF LIMITED
2003-01-27
➕
SINCLAIR, Celia Margaret Lloyd appointed
secretary
2003-01-27
➕
SINCLAIR, Celia Margaret Lloyd appointed
director
2003-01-27
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2003-01-27
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2003-01-27
➕
SINCLAIR, George Macfarlane appointed
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 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

100/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 23 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%

Name	Shares	Voting rights	Nature of control	Notified
Celia Margaret Lloyd Sinclair Individual · British · DOB 04/1947 · age 79	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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 · Leisure & entertainment · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LUCY FOWLER POST LIMITED→ SC653622 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
M & H XPRESS SOLUTIONS LTD→ SC435883 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
M.H. ENTERTAINMENT LIMITED→ SC765432 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
MACDONALD GOLF LIMITED→ SC298090 · est 2006 · no financials extracted	—	—	—	—	20y	—	—
MAG EVENTS LIMITED→ SC522177 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
MAIN EVENT TICKETS LTD→ SC844449 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
MAIN EVENT TRAVEL LTD→ SC830886 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
MAKA TOURS LTD→ SC813911 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
MAKING WAVES LIMITED→ SC260733 · est 2003 · no financials extracted	—	—	—	—	22y	—	—
MALAGA & SCOT LTD→ SC677469 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
MBE TRAVEL LTD→ SC803330 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
MCDOWELL'S STRENGTH & FITNESS LTD→ SC824176 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2003-01-27

Jurisdictionscotland

Primary SIC90030 — Artistic creation

Registered office

C/O T. Murphy & Company C.A.

Cape House 59 Admiral Street

Glasgow

Strathclyde

G41 1HP

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-02-10

Last: 2026-01-27

Officers (2 active · 2 resigned)

SINCLAIR, Celia Margaret Lloyd→

secretary · appointed 2003-01-27

View their other companies + combined net worth →

Active

SINCLAIR, Celia Margaret Lloyd→

director · ~79y · appointed 2003-01-27

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2003-01-27 · resigned 2003-01-27

Resigned

SINCLAIR, George Macfarlane→

director · ~98y · appointed 2003-01-27 · resigned 2009-08-28

Resigned

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