ABERDEEN COMPOSITE COMPANY (1248) LIMITED

💤Zombieactive
SC246599 · ltd · incorporated 2003-03-26
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
£7.6k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 22.6y

45/100
under pressure

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

  • · Oldest live charge is 22.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 £7,635

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£8k
↑ 17% YoY
Current Assets
£16k
↑ 16% YoY
Current Liabilities
—
£0£3k£6k£10k£13k£16kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£7.6k£6.5k
Current assets£16.0k£13.8k
Net assets£7.6k£6.5k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2024-09-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-09-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-04-05
    ➖
    WAYTE, Brynley resigned
    secretary
  7. 2024-04-05
    ➖
    WAYTE, Brynley resigned
    director
  8. 2024-03-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-12-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-02-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2018-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2018-02-06
    📄
    capital-allotment-shares
    capital · SH01
  17. 2017-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2003-09-29
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2003-09-01
    ➕
    WAYTE, Marilyn appointed
    director
  20. 2003-09-01
    ➕
    WAYTE, Brynley appointed
    secretary
  21. 2003-09-01
    ➖
    ABERDEEN COMPOSITE COMPANY (II) LTD resigned
    corporate-nominee-secretary
  22. 2003-09-01
    ➖
    SIMMERS, Jamie resigned
    nominee-director
  23. 2003-09-01
    ➕
    WAYTE, Brynley appointed
    director
  24. 2003-09-01
    ➖
    ABERDEEN COMPOSITE COMPANY LTD. resigned
    corporate-nominee-director
  25. 2003-03-26
    🏢
    Company incorporated
    As ABERDEEN COMPOSITE COMPANY (1248) LIMITED
  26. 2003-03-26
    ➕
    ABERDEEN COMPOSITE COMPANY (II) LTD appointed
    corporate-nominee-secretary
  27. 2003-03-26
    ➕
    SIMMERS, Jamie appointed
    nominee-director
  28. 2003-03-26
    ➕
    ABERDEEN COMPOSITE COMPANY LTD. appointed
    corporate-nominee-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 74 — 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 74 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
NameSharesVoting rightsNature of controlNotified
Mrs Marilyn Wayte
Individual · British · DOB 11/1952 · age 74
25–50%
—25-50% shares01/04/2017
1 historic (ceased) PSC
  • Mr Brynley Wayteceased 05/04/2024· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Hospitality · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SODEXO REMOTE SITES HOLDINGS LIMITED→
SC191991 · est 1998
£2.58M
£1.94M–£3.23M
——027y8358y
BRUDOLFF HOTELS LIMITED→
SC094745 · est 1985
£28.9k
£21.6k–£36.1k
——9140y9471y
BALMEDIE FISH & CHIP SHOP LIMITED→
SC239883 · est 2002
——£66.7k—23y8361y
H.C.C.P. LTD.→
SC298267 · est 2006
——£161.2k—20y8370y
JEMAL LIMITED→
SC331562 · est 2007
———50018y8362y
MOUNTLOCH LIMITED→
SC210749 · est 2000
——£306.2k—25y8372y
BLU INNS LIMITED→
SC210592 · est 2000
——£3.0k—25y8273y
BRIAN MURRAY CATERING SERVICES LIMITED→
SC190064 · est 1998
——£275.2k—27y8267y
BRIARTEN LIMITED→
SC290126 · est 2005 · no financials extracted
————20y8270y
BUCHAN BRAES HOTEL LIMITED→
SC329896 · est 2007
——£1.22M—18y8262y
BYTH ESTATES LIMITED→
SC263994 · est 2004
——£10.0k—22y8271y
C.A.R. CONSTRUCTION LIMITED→
SC148556 · est 1994
——£174.8k—32y8273y
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
Incorporated2003-03-26
Jurisdictionscotland
Primary SIC55900 — Other accommodation

Registered office

22 Bridge Street
Ballater
Aberdeenshire
AB35 5QP

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-09
Last: 2026-03-26

Officers (1 active · 5 resigned)

WAYTE, Marilyn→
director · ~74y · appointed 2003-09-01
View their other companies + combined net worth →
Active
WAYTE, Brynley→
secretary · appointed 2003-09-01 · resigned 2024-04-05
Resigned
ABERDEEN COMPOSITE COMPANY (II) LTD→
corporate-nominee-secretary · appointed 2003-03-26 · resigned 2003-09-01
Resigned
SIMMERS, Jamie→
nominee-director · ~48y · appointed 2003-03-26 · resigned 2003-09-01
Resigned
WAYTE, Brynley→
director · ~78y · appointed 2003-09-01 · resigned 2024-04-05
Resigned
ABERDEEN COMPOSITE COMPANY LTD.→
corporate-nominee-director · appointed 2003-03-26 · resigned 2003-09-01
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property29/09/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
termination-secretary-company-with-name-termination-date
officers · TM02
2024-09-04
termination-director-company-with-name-termination-date
officers · TM01
2024-09-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-18