HKG LOTUS LIMITED

💤Zombieactive
SC267593 · ltd · incorporated 2004-05-07
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 May 2025
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 70). 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 (78/100)

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 (1 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
55 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
70
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£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees100100

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-02-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-01-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-02-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-01-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-11-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-12-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-12-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-12-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-01-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2017-04-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2017-01-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-06-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-02-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-07-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-02-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-06-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-02-10
    TSE, Wing Fat appointed
    director
  18. 2013-02-10
    YIM, Daniel Ping Wing resigned
    director
  19. 2008-11-06
    YIM, Daniel Ping Wing resigned
    secretary
  20. 2008-11-06
    SO, Joseph resigned
    director
  21. 2008-11-06
    YIM, Daniel Ping Wing appointed
    director
  22. 2004-05-07
    🏢
    Company incorporated
    As HKG LOTUS LIMITED
  23. 2004-05-07
    YIM, Daniel Ping Wing appointed
    secretary
  24. 2004-05-07
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  25. 2004-05-07
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  26. 2004-05-07
    SO, Joseph appointed
    director
  27. 2004-05-07
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  28. 2004-05-07
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  29. 2004-05-07
    PETER TRAINER CORPORATE SERVICES LTD. appointed
    corporate-nominee-director
  30. 2004-05-07
    PETER TRAINER CORPORATE SERVICES LTD. resigned
    corporate-nominee-director

Owner dependency

90/100
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 age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

98/100
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 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Wing Fat Tse
Individual · British · DOB 02/1956 · age 70
75100%
75-100% shares07/05/2017

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 →

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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
Incorporated2004-05-07
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

58 Cairncry Road
Aberdeen
AB16 5LE
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-05-21
Last: 2025-05-07

Officers (1 active · 6 resigned)

TSE, Wing Fat
director · ~70y · appointed 2013-02-10
View their other companies + combined net worth →
Active
YIM, Daniel Ping Wing
secretary · appointed 2004-05-07 · resigned 2008-11-06
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.
corporate-nominee-secretary · appointed 2004-05-07 · resigned 2004-05-07
Resigned
SO, Joseph
director · ~69y · appointed 2004-05-07 · resigned 2008-11-06
Resigned
YIM, Daniel Ping Wing
director · ~66y · appointed 2008-11-06 · resigned 2013-02-10
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.
corporate-nominee-director · appointed 2004-05-07 · resigned 2004-05-07
Resigned
PETER TRAINER CORPORATE SERVICES LTD.
corporate-nominee-director · appointed 2004-05-07 · resigned 2004-05-07
Resigned

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

Recent filings (55 total)

accounts-with-accounts-type-dormant
accounts · AA
2026-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-30
accounts-with-accounts-type-dormant
accounts · AA
2025-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-dormant
accounts · AA
2024-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-19
accounts-with-accounts-type-dormant
accounts · AA
2023-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-10
accounts-with-accounts-type-dormant
accounts · AA
2021-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-11
accounts-with-accounts-type-dormant
accounts · AA
2020-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-13
accounts-with-accounts-type-dormant
accounts · AA
2019-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-11
accounts-with-accounts-type-dormant
accounts · AA
2018-12-21