STRING THEM UP LTD.

💤Zombieactive
SC262704 · ltd · incorporated 2004-01-29
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
80/100
Exceptional
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). 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 (75/100)

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, 2 with DOB)
76
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£12k£24k£37k£49k£61kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£54.5k
Current assets£61.2k
Cash£59.7k
Debtors£1.5k
Net assets£54.3k
Average employees2

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-10-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-02-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2017-02-07
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  12. 2016-06-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-02-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-05-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-02-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2007-09-28
    MACDONALD, Elizabeth Catriona appointed
    secretary
  17. 2007-09-28
    CARROLL, Brian Anthony appointed
    director
  18. 2007-09-28
    MACDONALD, Irene resigned
    secretary
  19. 2007-09-28
    MACDONALD, Elizabeth Catriona resigned
    director
  20. 2004-01-29
    🏢
    Company incorporated
    As STRING THEM UP LTD.
  21. 2004-01-29
    MACDONALD, Irene appointed
    secretary
  22. 2004-01-29
    COSEC LIMITED appointed
    corporate-nominee-secretary
  23. 2004-01-29
    COSEC LIMITED resigned
    corporate-nominee-secretary
  24. 2004-01-29
    MACDONALD, Elizabeth Catriona appointed
    director
  25. 2004-01-29
    CODIR LIMITED appointed
    corporate-nominee-director
  26. 2004-01-29
    CODIR LIMITED resigned
    corporate-nominee-director
  27. 2004-01-29
    COSEC LIMITED appointed
    corporate-nominee-director
  28. 2004-01-29
    COSEC LIMITED resigned
    corporate-nominee-director

Owner dependency

93/100
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 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

78/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 22 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Elizabeth Catriona Macdonald
Individual · British · DOB 12/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Brian Anthony Carroll
Individual · British · DOB 01/1965 · age 61
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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
Incorporated2004-01-29
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

6th Floor Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29

Officers (2 active · 5 resigned)

MACDONALD, Elizabeth Catriona
secretary · appointed 2007-09-28
View their other companies + combined net worth →
Active
CARROLL, Brian Anthony
director · ~61y · appointed 2007-09-28
View their other companies + combined net worth →
Active
MACDONALD, Irene
secretary · appointed 2004-01-29 · resigned 2007-09-28
Resigned
COSEC LIMITED
corporate-nominee-secretary · appointed 2004-01-29 · resigned 2004-01-29
Resigned
MACDONALD, Elizabeth Catriona
director · ~60y · appointed 2004-01-29 · resigned 2007-09-28
Resigned
CODIR LIMITED
corporate-nominee-director · appointed 2004-01-29 · resigned 2004-01-29
Resigned
COSEC LIMITED
corporate-nominee-director · appointed 2004-01-29 · resigned 2004-01-29
Resigned

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

Recent filings (58 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-17
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2019-02-05