PETRO PROJECTS LIMITED

💤Zombieactive

SC293338 · ltd · incorporated 2005-11-18

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2025

Net worth

£107.4k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Engineering related scientific and technical consulting activities

Sector: Professional, scientific & technical

Investor take

Pursue

Asset-holding vehicle 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: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

48 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £107,403

Net assets shrinking

Down £44,395 YoY

Cash YoY

-29%

Year on year

Key financials

3 years extracted from filed iXBRL accounts

Cash

£109k

↓ 29% YoY

Net Worth

£107k

↓ 29% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-11-30	2024-11-30	2023-11-30
Total assets	£107.4k	£151.8k	£162.8k
Cash	£108.7k	£153.8k	£170.0k
Net assets	£107.4k	£151.8k	£162.8k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-05-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-27
📄
capital-allotment-shares
capital · SH01
2018-03-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-04-13
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-04
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-03-13
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-14
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2005-11-18
🏢
Company incorporated
As PETRO PROJECTS LIMITED
2005-11-18
➕
DODDS, Margaret Isabella appointed
secretary
2005-11-18
➕
DODDS, Alistair John appointed
director
2005-11-18
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2005-11-18
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2005-11-18
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2005-11-18
➖
STEPHEN MABBOTT LTD. 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 21 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

85/100

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.
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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Alistair John Dodds Individual · British · DOB 05/1965 · age 61	75–100%	—	75-100% shares	18/11/2016

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

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ANCER RECRUITMENT LTD.→ SC205893 · est 2000	—	—	—	5200	26y	83	62y
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LAURENCE GOULD PARTNERSHIP LIMITED→ SC124767 · est 1990 · no financials extracted	—	—	—	—	36y	83	72y
PHOTOSYNERGY LIMITED→ SC220986 · est 2001 · no financials extracted	—	—	—	—	24y	83	58y
AVENUE SCOTLAND LIMITED→ SC147452 · est 1993	—	—	£87.8k	—	32y	82	73y
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DRYBURGH ASSOCIATES LIMITED→ SC367732 · est 2009	—	—	—	900	16y	82	68y
FASTTRAC DESIGN LIMITED→ SC297992 · est 2006	—	—	£4.3k	—	20y	82	65y
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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

Incorporated2005-11-18

Jurisdictionscotland

Primary SIC71122 — Engineering related scientific and technical consulting activities

Registered office

39 West Vows Walk

Kirkcaldy

Fife

KY1 1RX

Filing status

Accounts

Next due: 2027-08-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2026-12-02

Last: 2025-11-18

Officers (2 active · 2 resigned)

DODDS, Margaret Isabella→

secretary · appointed 2005-11-18

View their other companies + combined net worth →

Active

DODDS, Alistair John→

director · ~61y · appointed 2005-11-18

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2005-11-18 · resigned 2005-11-18

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2005-11-18 · resigned 2005-11-18

Resigned

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