WISEMAN STATIONERY SUPPLIES LTD.

💤Zombieactive
SC259303 · ltd · incorporated 2003-11-14
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.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2024
Net worth
£-13.6k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: SIC 46660
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 73). 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 (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
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £13,558

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£14k
↑ 22% YoY
Current Assets
£18k
↓ 11% YoY
Current Liabilities
-£17k-£10k-£2k£5k£13k£21kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-11-302023-11-30
Total assets£-13.6k£-17.5k
Current assets£18.2k£20.6k
Net assets£-13.6k£-17.5k

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
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-02
    STEELE, Sheena resigned
    secretary
  2. 2025-12-02
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  3. 2025-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-11-01
    STEELE, Sheena resigned
    director
  5. 2025-04-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-05-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-04-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-04-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-08-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2019-08-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-11-27
    📄
    capital-allotment-shares
    capital · SH01
  14. 2018-05-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-05-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-11-23
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  17. 2016-11-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2004-04-06
    STEELE, Sheena appointed
    director
  19. 2003-11-14
    🏢
    Company incorporated
    As WISEMAN STATIONERY SUPPLIES LTD.
  20. 2003-11-14
    WISEMAN, Terence Crombie appointed
    director
  21. 2003-11-14
    STEELE, Sheena appointed
    secretary
  22. 2003-11-14
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  23. 2003-11-14
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  24. 2003-11-14
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  25. 2003-11-14
    STEPHEN MABBOTT LTD. resigned
    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.
  • +Founder name in company name: Company name contains director surname "WISEMAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — 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 73 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

1 med ·
2 director resignations in last 12 months
medium

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

Evidence: STEELE, Sheena resigned 2025-12-02; STEELE, Sheena resigned 2025-11-01

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Terence Crombie Wiseman
Individual · British · DOB 04/1953 · age 73
75100%
75-100% shares14/11/2016

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
Incorporated2003-11-14
Jurisdictionscotland
Primary SIC46660 — SIC 46660

Registered office

1 Campbell Lane
Hamilton
ML3 6DB
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14

Officers (1 active · 4 resigned)

WISEMAN, Terence Crombie
director · ~73y · appointed 2003-11-14
View their other companies + combined net worth →
Active
STEELE, Sheena
secretary · appointed 2003-11-14 · resigned 2025-12-02
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-11-14 · resigned 2003-11-14
Resigned
STEELE, Sheena
director · ~67y · appointed 2004-04-06 · resigned 2025-11-01
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-11-14 · resigned 2003-11-14
Resigned

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

Recent filings (60 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-02
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-02
termination-director-company-with-name-termination-date
officers · TM01
2025-11-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-30
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-20