COMPASS (BARRHEAD) LTD.

⚰️Wound downliquidation

SC348349 · ltd · incorporated 2008-09-10

Investment thesis

Company liquidation — not a live target.

Why interesting: Historical record only; useful for precedent research.

Why risky: Not transactable.

Why now

Window steady · high confidence

Thesis has shifted recently — watch for confirmation.

· Lifecycle stage: zombie → wound-down
· Investment thesis: zombie_hold → unclassified
· Company status: active → liquidation
· Opportunity score: 62 → 43

Opportunity decay

softening · 6-months

Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.

· 5 recent signals weakening vs 0 strengthening

What changed my view

Last 30 days

Picture worsened over the last 30 days — 5 negative signals vs 0 positive.

↓Lifecycle stage: zombie → wound-down
·Investment thesis: zombie_hold → unclassified
↓Company status: active → liquidation
↓Deal-killer verdict: complicated → not-transactable
↓Opportunity score: 62 → 43
+2 more

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 Oct 2023

Net worth

£100

book net assets

Opportunity

43/100

Watch

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 49320

Sector: Transportation & storage

Investor take

Special-situation opportunity

Distressed transport with salvageable qualities — special-situations priority.

Opportunity 43/100 (watch), bankability 20/100. Strong seller-intent signal (78/100, director aged 65). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (1 active, 5 linked, 3 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

60 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

43/100Watch

PassWatchWorth a lookStrongExceptional

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £100

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£100

~ YoY

Current Assets

£51k

↓ 17% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2023-10-31	2022-10-31
Total assets	£30.0k	£39.8k
Current assets	£51.0k	£61.4k
Net assets	£100	£100

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

• 1 address
• 1 resolution

Last 90 days

filings

• 1 address
• 1 resolution

Last 180 days

filings

• 1 address
• 1 resolution
• 1 gazette

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-06-30
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-06-29
📄
resolution
resolution · RESOLUTIONS
2026-03-03
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-17
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-01-21
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-12-30
📄
gazette-notice-compulsory
gazette · GAZ1
2025-02-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-02
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-02
📄
change-person-director-company-with-change-date
officers · CH01
2022-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-17
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-07-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2013-05-23
➖
FITZPATRICK, Anthony Charles resigned
director
2010-06-30
➕
FITZPATRICK, Anthony Charles appointed
director
2010-06-30
➖
MULLANEY, Derek Francis resigned
director
2010-05-03
➕
STANLEY, Raymond Nettler appointed
director
2008-09-10
🏢
Company incorporated
As COMPASS (BARRHEAD) LTD.
2008-09-10
➕
BRIAN REID LTD. appointed
corporate-secretary
2008-09-10
➖
BRIAN REID LTD. resigned
corporate-secretary
2008-09-10
➕
MULLANEY, Derek Francis appointed
director
2008-09-10
➕
STEPHEN MABBOTT LTD. appointed
corporate-director
2008-09-10
➖
STEPHEN MABBOTT LTD. resigned
corporate-director

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 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

83/100

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 65. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 16 years.
secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-10-31

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-11-30

Company in liquidation

high

Company is actively being wound up. Not a going concern.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Raymond Nettler Stanley Individual · British · DOB 06/1961 · age 65	75–100%	75–100%	75-100% shares · 75-100% voting · firm interest	10/09/2016

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 · Transport & logistics · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
TAYSIDE PUBLIC TRANSPORT COMPANY LIMITED→ SC097606 · est 1986	£18.39M £13.79M–£22.99M	£21.37M	—	23700	40y	79	63y
HARRY LAWSON LIMITED→ SC040439 · est 1964	£5.04M £3.78M–£6.29M	—	—	92	62y	83	83y
MOFFAT & WILLIAMSON LIMITED→ SC065227 · est 1978	£791.5k £593.7k–£989.4k	—	—	14500	48y	93	72y
CALEDONIAN RAILWAY BRECHIN LTD→ SC081172 · est 1982 · no financials extracted	—	—	—	—	43y	83	70y
ALAN DAVIE LIMITED→ SC209637 · est 2000	—	—	£1.82M	—	25y	82	85y
ALFRA LIMITED→ SC260151 · est 2003	—	—	£3.2k	—	22y	82	70y
DAVID MURRAY TRANSPORT LIMITED→ SC181084 · est 1997	—	—	£213.5k	—	28y	82	60y
ELLIOT STORAGE LIMITED→ SC340055 · est 2008	—	—	—	3	18y	82	64y
SCOVIP HOLDINGS LIMITED→ SC274103 · est 2004	—	—	£21.9k	—	21y	82	64y
CLASS 1 MARITIME LTD→ SC341360 · est 2008	—	—	—	400	18y	81	64y
SCOTBLUE LTD→ SC341608 · est 2008	—	—	£281.5k	—	18y	81	63y
ACCESS CABS LIMITED→ SC380558 · est 2010	—	—	£14.6k	—	16y	80	63y

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

🔒Tailored diligence questions

13 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

Statusliquidation

Typeltd

Incorporated2008-09-10

Jurisdictionscotland

Primary SIC49320 — SIC 49320

Registered office

C/O Btg Begbies Traynor

5 West Victoria Dock Road

Dundee

DD1 3JT

Filing status

Accounts

Next due: 2025-10-31OVERDUE

Last made up to: 2023-10-31

Confirmation statement

Next due: 2025-11-30OVERDUE

Last: 2024-11-16

Officers (1 active · 4 resigned)

STANLEY, Raymond Nettler→

director · ~65y · appointed 2010-05-03

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-secretary · appointed 2008-09-10 · resigned 2008-09-10

Resigned

FITZPATRICK, Anthony Charles→

director · ~70y · appointed 2010-06-30 · resigned 2013-05-23

Resigned

MULLANEY, Derek Francis→

director · ~62y · appointed 2008-09-10 · resigned 2010-06-30

Resigned

STEPHEN MABBOTT LTD.→

corporate-director · appointed 2008-09-10 · resigned 2008-09-10

Resigned

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

Recent filings (60 total)

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-06-30

resolution

resolution · RESOLUTIONS

2026-06-29

gazette-filings-brought-up-to-date

gazette · DISS40

2026-03-03

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2026-02-17

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2026-01-21

gazette-notice-compulsory

gazette · GAZ1

2025-12-30

accounts-with-accounts-type-micro-entity

accounts · AA

2025-02-07

confirmation-statement-with-updates

confirmation-statement · CS01

2024-11-23

confirmation-statement-with-updates

confirmation-statement · CS01

2023-11-16

accounts-with-accounts-type-micro-entity

accounts · AA

2023-10-30

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2023-10-02

change-person-director-company-with-change-date

officers · CH01

2023-10-02

confirmation-statement-with-updates

confirmation-statement · CS01

2023-06-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-01-24

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-10-31