GREENBANK 4X4 CENTRE LTD.

💤Zombieactive
SC245102 · ltd · incorporated 2003-03-05
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 Aug 2024
Net worth
£-6.0k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. 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: distressed disposal / insolvency (65/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
66 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
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £6,047

Key financials

2 years extracted from filed iXBRL accounts
Cash
£29k
Net Worth
-£6k
Current Assets
—
Current Liabilities
—
-£6k£883£8k£15k£22k£29kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Cash£28.6k—
Net assets£-6.0k—
Average employees—500

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

🔒Filing-note intelligence

3 signals 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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2023-07-10
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2023-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-04-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-01-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-06-17
    📄
    capital-name-of-class-of-shares
    capital · SH08
  13. 2016-06-17
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  14. 2016-06-17
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2016-06-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2016-06-10
    ➖
    THOMSON, Colin resigned
    director
  17. 2009-10-01
    ➖
    POLSON, Philip resigned
    director
  18. 2003-03-05
    🏢
    Company incorporated
    As GREENBANK 4X4 CENTRE LTD.
  19. 2003-03-05
    ➕
    SIMPSON, Euan James appointed
    secretary
  20. 2003-03-05
    ➕
    SIMPSON, Euan James appointed
    director
  21. 2003-03-05
    ➕
    COSEC LIMITED appointed
    corporate-nominee-secretary
  22. 2003-03-05
    ➖
    COSEC LIMITED resigned
    corporate-nominee-secretary
  23. 2003-03-05
    ➕
    POLSON, Philip appointed
    director
  24. 2003-03-05
    ➕
    THOMSON, Colin appointed
    director
  25. 2003-03-05
    ➕
    CODIR LIMITED appointed
    corporate-nominee-director
  26. 2003-03-05
    ➖
    CODIR LIMITED resigned
    corporate-nominee-director
  27. 2003-03-05
    ➕
    COSEC LIMITED appointed
    corporate-nominee-director
  28. 2003-03-05
    ➖
    COSEC LIMITED resigned
    corporate-nominee-director

Owner dependency

85/100
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.

Succession & seller-readiness

75/100
Likely off-market candidate

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

SIGNALS
  • 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%
NameSharesVoting rightsNature of controlNotified
Mr Euan James Simpson
Individual · British · DOB 07/1970 · age 56
75–100%
—75-100% shares15/06/2016

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

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
Incorporated2003-03-05
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

7 Queens Terrace
Aberdeen
AB10 1XL

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-03-19
Last: 2026-03-05

Officers (2 active · 5 resigned)

SIMPSON, Euan James→
secretary · appointed 2003-03-05
View their other companies + combined net worth →
Active
SIMPSON, Euan James→
director · ~56y · appointed 2003-03-05
View their other companies + combined net worth →
Active
COSEC LIMITED→
corporate-nominee-secretary · appointed 2003-03-05 · resigned 2003-03-05
Resigned
POLSON, Philip→
director · ~65y · appointed 2003-03-05 · resigned 2009-10-01
Resigned
THOMSON, Colin→
director · ~75y · appointed 2003-03-05 · resigned 2016-06-10
Resigned
CODIR LIMITED→
corporate-nominee-director · appointed 2003-03-05 · resigned 2003-03-05
Resigned
COSEC LIMITED→
corporate-nominee-director · appointed 2003-03-05 · resigned 2003-03-05
Resigned

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

Recent filings (66 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-07
change-person-director-company-with-change-date
officers · CH01
2023-07-10
change-person-secretary-company-with-change-date
officers · CH03
2023-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-05