EDINBURGH NUMBER 48 LTD.

💤Zombieactive

SC244224 · ltd · incorporated 2003-02-19

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

67/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (53/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

10 officers (1 active, 10 linked, 7 with DOB)

Ownership & PSC

2 active PSC(s) of 5 total, 5 with control declared

Director network

6 connected companies via shared directors

Filing history

79 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

67/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review 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	2025-03-31	2024-03-31

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

filings

• 3 officers

Last 180 days

filings

• 3 officers

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2026-04-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
➖
HARRIS, Elizabeth Gibson resigned
director
2026-02-18
➖
HARRIS, Ian Colquhoun resigned
director
2026-02-18
➖
HARRIS, Ross Aitken resigned
director
2025-10-07
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-06
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-06
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-21
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-12-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-12-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-11-16
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-12-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-12-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-09-11
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-03-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-03-23
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-03-09
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-03-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-03-09
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-02-28
➕
HARRIS, Elizabeth Gibson appointed
director
2020-02-28
➕
HARRIS, Ian Colquhoun appointed
director
2020-02-28
➕
HARRIS, Ross Aitken appointed
director
2018-03-31
➖
PASRISA, Harpreet Singh resigned
director
2016-12-22
➖
KELLY, David Clasper resigned
secretary
2016-12-22
➖
KELLY, David Clasper resigned
director
2016-12-22
➖
TURNBULL, Peter Elliot resigned
director
2016-08-24
➕
SINGH, Sukhvinder appointed
director
2016-08-24
➕
PASRISA, Harpreet Singh appointed
director
2003-02-19
🏢
Company incorporated
As EDINBURGH NUMBER 48 LTD.
2003-02-19
➕
KELLY, David Clasper appointed
secretary
2003-02-19
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2003-02-19
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2003-02-19
➕
KELLY, David Clasper appointed
director
2003-02-19
➕
TURNBULL, Peter Elliot appointed
director
2003-02-19
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2003-02-19
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

83/100

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.
+Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

65/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-05

3 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: HARRIS, Elizabeth Gibson resigned 2026-02-18; HARRIS, Ian Colquhoun resigned 2026-02-18; HARRIS, Ross Aitken resigned 2026-02-18

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Ian Colquhoun Harris Individual · British · DOB 10/1950 · age 76	25–50%	—	25-50% shares	28/02/2020
Mrs Elizabeth Gibson Harris Individual · British · DOB 03/1953 · age 73	25–50%	—	25-50% shares	28/02/2020

3 historic (ceased) PSCs

Mrs Elizabeth Gibson Harrisceased 23/03/2020· 25-50% shares
Mr Sukhvinder Singhceased 28/02/2020· 25-50% shares
Harpreet Singh Pasrisaceased 31/03/2018· 25-50% 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 · Trade services · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MID GAVIN NURSERY LIMITED→ SC219812 · est 2001	£447.6k £335.7k–£559.5k	£692.7k	—	2100	24y	84	78y
NISTAPLOX LIMITED→ SC180067 · est 1997	£38.8k £29.1k–£48.6k	£26.9k	—	0	28y	86	79y
ACTIVE ENERGY SOLUTIONS LTD.→ SC230311 · est 2002	—	—	£1.56M	—	24y	83	60y
ADVARIAN PROPERTIES LTD→ SC248314 · est 2003	—	—	£582.9k	—	23y	83	70y
AG (MANAGEMENT SERVICES) LTD→ SC339541 · est 2008	—	—	£3.09M	—	18y	83	59y
AMG WARRANTIES LIMITED→ SC265646 · est 2004	—	—	—	0	22y	83	74y
BELGICA UK LIMITED→ SC235052 · est 2002	—	—	£1.81M	—	23y	83	62y
BILL'S TOOL STORE LIMITED→ SC365221 · est 2009	—	—	—	1300	16y	83	58y
BLUE SQUARE OFFICES LTD.→ SC203991 · est 2000 · no financials extracted	—	—	—	—	26y	83	65y
CAMSCAFF LTD.→ SC253590 · est 2003	—	—	£556.7k	—	22y	83	61y
CENTRIFUGE MAINTENANCE SERVICES LIMITED→ SC173406 · est 1997	—	—	—	—	29y	83	63y
CHAPPELL WHISKY BROKERS LIMITED→ SC180651 · est 1997	—	—	£2.12M	—	28y	83	74y

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

Incorporated2003-02-19

Jurisdictionscotland

Primary SIC96090 — Other service activities n.e.c.

Registered office

136 Boden Street

Glasgow

G40 3PX

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-03-05OVERDUE

Last: 2025-02-19

Officers (1 active · 9 resigned)

SINGH, Sukhvinder→

director · ~58y · appointed 2016-08-24

View their other companies + combined net worth →

Active

KELLY, David Clasper→

secretary · appointed 2003-02-19 · resigned 2016-12-22

Resigned

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2003-02-19 · resigned 2003-02-19

Resigned

HARRIS, Elizabeth Gibson→

director · ~73y · appointed 2020-02-28 · resigned 2026-02-18

Resigned

HARRIS, Ian Colquhoun→

director · ~76y · appointed 2020-02-28 · resigned 2026-02-18

Resigned

HARRIS, Ross Aitken→

director · ~48y · appointed 2020-02-28 · resigned 2026-02-18

Resigned

KELLY, David Clasper→

director · ~75y · appointed 2003-02-19 · resigned 2016-12-22

Resigned

PASRISA, Harpreet Singh→

director · ~44y · appointed 2016-08-24 · resigned 2018-03-31

Resigned

TURNBULL, Peter Elliot→

director · ~75y · appointed 2003-02-19 · resigned 2016-12-22

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2003-02-19 · resigned 2003-02-19

Resigned

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

Recent filings (79 total)

termination-director-company-with-name-termination-date

officers · TM01

2026-04-21

termination-director-company-with-name-termination-date

officers · TM01

2026-04-21

termination-director-company-with-name-termination-date

officers · TM01

2026-04-21

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-10-07

change-person-director-company-with-change-date

officers · CH01

2025-10-06

change-person-director-company-with-change-date

officers · CH01

2025-10-06

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-10-06

accounts-with-accounts-type-dormant

accounts · AA

2025-08-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-02-19

accounts-with-accounts-type-dormant

accounts · AA

2024-12-04

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-02-21

accounts-with-accounts-type-dormant

accounts · AA

2023-12-08

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-02-23

accounts-with-accounts-type-dormant

accounts · AA

2022-11-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-02-22