KARIS TECHNICAL SERVICES LTD.

💤Zombieactive
SC350406 · ltd · incorporated 2008-10-24
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
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Turnover
year to Feb 2025
Net worth
£65.9k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
Investor take
Pursue
Asset-holding vehicle with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 62). 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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 15.6y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 15.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £65,880

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£66k
↑ 33% YoY
Current Assets
£259k
↑ 41% YoY
Current Liabilities
£0£52k£104k£155k£207k£259kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-29
Total assets£99.7k£98.6k
Current assets£258.8k£183.1k
Net assets£65.9k£49.5k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2024-10-04
    🔓
    Charge satisfied #1
  4. 2024-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-09-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-09-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-10-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-09-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2018-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2018-12-03
    🔓
    Charge satisfied #3
  14. 2018-10-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2018-06-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-10-06
    📄
    legacy
    miscellaneous · RP04CS01
  18. 2016-11-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2012-07-23
    ASHBY, David resigned
    director
  20. 2010-11-24
    🔒
    Charge registered #3
    Lender: West of Scotland Loan Fund
  21. 2010-10-04
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  22. 2010-06-15
    KERR, Leighann appointed
    secretary
  23. 2010-06-15
    ASHBY, Irene Elizabeth resigned
    secretary
  24. 2009-08-07
    KERR, David Samuel appointed
    director
  25. 2008-10-24
    🏢
    Company incorporated
    As KARIS TECHNICAL SERVICES LTD.
  26. 2008-10-24
    ASHBY, Irene Elizabeth appointed
    secretary
  27. 2008-10-24
    BRIAN REID LTD. appointed
    corporate-secretary
  28. 2008-10-24
    BRIAN REID LTD. resigned
    corporate-secretary
  29. 2008-10-24
    ASHBY, David appointed
    director
  30. 2008-10-24
    MABBOTT, Stephen George appointed
    director
  31. 2008-10-24
    MABBOTT, Stephen George resigned
    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 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

78/100
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 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 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.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr David Samuel Kerr
Individual · British · DOB 05/1964 · age 62
5075%
50–75%board controlsig. influence50-75% shares · 50-75% voting · board control · significant influence06/04/2016
1 historic (ceased) PSC
  • Mrs Irene Elizabeth Ashbyceased 28/02/2018· 25-50% shares · 25-50% voting · significant influence

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

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
Incorporated2008-10-24
Jurisdictionscotland
Primary SIC36000 — SIC 36000

Registered office

1. 12 Dalziel Building 7 Scott Street
Motherwell
ML1 1PN
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-15
Last: 2025-09-01

Officers (2 active · 4 resigned)

KERR, Leighann
secretary · appointed 2010-06-15
View their other companies + combined net worth →
Active
KERR, David Samuel
director · ~62y · appointed 2009-08-07
View their other companies + combined net worth →
Active
ASHBY, Irene Elizabeth
secretary · appointed 2008-10-24 · resigned 2010-06-15
Resigned
BRIAN REID LTD.
corporate-secretary · appointed 2008-10-24 · resigned 2008-10-24
Resigned
ASHBY, David
director · ~73y · appointed 2008-10-24 · resigned 2012-07-23
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2008-10-24 · resigned 2008-10-24
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
West of Scotland Loan Fund
Bond & floating charge1 property24/11/201003/12/2018
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property04/10/201004/10/2024

Recent filings (61 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-01
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-02
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-14
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-07