ERISKAY02 LIMITED

💤Zombieactive

SC308461 · ltd · incorporated 2006-09-12

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 Feb 2025

Net worth

£-47.3k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Advertising agencies

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (2 active, 5 linked, 1 with DOB)

Ownership & PSC

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

Director network

10 connected companies via shared directors

Filing history

46 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

Negative net assets

Liabilities exceed assets by £47,328

High leverage

Liabilities are 100% of total assets

Leverage

100%

Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£47k

~ YoY

Current Assets

£54

↑ 10% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£54	£49
Current assets	£54	£49
Net assets	£-47.3k	£-46.9k

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

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-11-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-11-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-10-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-10-09
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2015-09-30
➖
DILLON, Esra resigned
secretary
2015-09-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-11-26
➕
DILLON, Esra appointed
secretary
2009-11-26
➕
DILLON, Esra appointed
secretary
2009-11-26
➖
BROWN & JONES ASSOCIATES LIMITED resigned
corporate-secretary
2007-04-20
➕
BROWN & JONES ASSOCIATES LIMITED appointed
corporate-secretary
2007-04-20
➖
ECPAYSECRETARIAL LTD resigned
corporate-secretary
2006-09-12
🏢
Company incorporated
As ERISKAY02 LIMITED
2006-09-12
➕
CHISM, Nigel William Michael Goddard appointed
director
2006-09-12
➕
ECPAYSECRETARIAL LTD appointed
corporate-secretary

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.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 72 — 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 72 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 20 years.
secondaryStable-but-static management: Company is 20 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 Nigel William Michael Goddard Chism Individual · British · DOB 07/1954 · age 72	75–100%	75–100%	board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence	06/04/2016

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 · Professional services · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CMM ACCOUNTANCY (INVERNESS) LIMITED→ SC279223 · est 2005	—	—	—	—	21y	83	58y
COPERNICUS TECHNOLOGY LTD→ SC350102 · est 2008	—	—	£373.8k	—	17y	83	62y
INNES & MACKAY LIMITED→ SC283654 · est 2005	—	—	£571.2k	—	21y	83	61y
SELF STORAGE - 4 U LIMITED→ SC261522 · est 2004	—	—	—	9	22y	83	82y
ACSMID (HOLDINGS) LIMITED→ SC177791 · est 1997	—	—	£41.8k	—	28y	82	71y
ANSER PROFESSIONAL SERVICES LIMITED→ SC246199 · est 2003	—	—	£56.4k	—	23y	82	62y
AWS OCEAN ENERGY LIMITED→ SC268223 · est 2004	—	—	—	300	21y	82	64y
BAYHANARTS LIMITED→ SC097397 · est 1986	—	—	—	0	40y	82	84y
CALEDONIAN ENERGY MANAGEMENT LIMITED→ SC193616 · est 1999	—	—	£22.4k	—	27y	82	64y
CAMPBELL PLANT (LOCHABER) LTD→ SC303491 · est 2006	—	—	—	4	19y	82	66y
COLIN ARMSTRONG ASSOCIATES LIMITED→ SC259880 · est 2003	—	—	£1.64M	—	22y	82	67y
ECHOMASTER MARINE LIMITED→ SC286015 · est 2005	—	—	—	11	20y	82	80y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

9 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

Incorporated2006-09-12

Jurisdictionscotland

Primary SIC73110 — Advertising agencies

Registered office

15a Harbour Road

Inverness

IV1 1SY

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2026-09-26

Last: 2025-09-12

Officers (2 active · 3 resigned)

DILLON, Esra→

secretary · appointed 2009-11-26

View their other companies + combined net worth →

Active

CHISM, Nigel William Michael Goddard→

director · ~72y · appointed 2006-09-12

View their other companies + combined net worth →

Active

DILLON, Esra→

secretary · appointed 2009-11-26 · resigned 2015-09-30

Resigned

BROWN & JONES ASSOCIATES LIMITED→

corporate-secretary · appointed 2007-04-20 · resigned 2009-11-26

Resigned

ECPAYSECRETARIAL LTD→

corporate-secretary · appointed 2006-09-12 · resigned 2007-04-20

Resigned

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