THE ER NETWORK LIMITED

💤Zombieactive
SC292243 · ltd · incorporated 2005-10-26
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
£41.9k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other activities auxiliary to financial services, except insurance and pension funding
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). 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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
50 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £41,877
Net assets shrinking
Down £2,324 YoY
Cash YoY
+32%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£55k
↑ 32% YoY
Net Worth
£42k
↓ 5.3% YoY
Current Assets
£65k
↓ 2.9% YoY
Current Liabilities
—
£0£13k£27k£40k£53k£67kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£45.0k£47.2k
Current assets£64.9k£66.8k
Cash£54.9k£41.5k
Debtors£10.0k£25.4k
Net assets£41.9k£44.2k

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
3
filings
  • • 2 persons-with-significant-control
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-01-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-01-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-08-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-10-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-03-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2005-10-26
    🏢
    Company incorporated
    As THE ER NETWORK LIMITED
  17. 2005-10-26
    ➕
    GALBRAITH, Rhona appointed
    secretary
  18. 2005-10-26
    ➕
    CHISHOLM, Eddie appointed
    director

Owner dependency

98/100
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 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +No director turnover: Company is 21 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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
Mr Eddie Chisholm
Individual · British · DOB 09/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting31/10/2025
Miss Rhona Galbraith
Individual · British · DOB 09/1969 · age 57
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Edmund Chisholmceased 31/10/2025· 25-50% shares · 25-50% voting

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 →

Similar companies

Active · Financial services · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
@SIPP LIMITED→
SC217126 · est 2001
£37.09M
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£10.21M—620025y8562y
FORWARD ASSET FINANCE LIMITED→
SC337979 · est 2008
£1.02M
£744.7k–£1.30M
——50018y8364y
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SC301214 · est 2006
£22.3k
£16.2k–£28.3k
——020y8366y
BLAIRSTON ENTERPRISES LIMITED→
SC368750 · est 2009
——£2.38M—16y8372y
CALCLUTH & SANGSTER (INSURANCE BROKERS) LIMITED→
SC200273 · est 1999 · no financials extracted
————26y8359y
FEMALE INDEPENDENT LTD.→
SC245607 · est 2003
——£20.0k—23y8366y
HARRY SMITH, LIMITED→
SC008622 · est 1913
——£1.66M—113y8358y
KELVIN SMITH (INSURANCE BROKERS) LIMITED→
SC301532 · est 2006
——£3.48M—20y8363y
MORTGAGE ADVICE BROKERAGE LTD→
SC336489 · est 2008
———150018y8358y
NITRON INVESTMENTS LIMITED→
SC047915 · est 1970
——£431.4k—55y8380y
TMW (COMMERCIAL) LIMITED→
SC781785 · est 2023 · no financials extracted
————2y——
WHEATLEY FUNDING NO. 2 LIMITED→
SC470001 · est 2014 · no financials extracted
————12y——
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
Incorporated2005-10-26
Jurisdictionscotland
Primary SIC66190 — Other activities auxiliary to financial services, except insurance and pension funding

Registered office

Pavilion 1 Finnieston Business Park
Minerva Way
Glasgow
G3 8AU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-09
Last: 2025-10-26

Officers (2 active · 0 resigned)

GALBRAITH, Rhona→
secretary · appointed 2005-10-26
View their other companies + combined net worth →
Active
CHISHOLM, Eddie→
director · ~63y · appointed 2005-10-26
View their other companies + combined net worth →
Active

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

Recent filings (50 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-01
change-person-director-company-with-change-date
officers · CH01
2021-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-30