FIRSTLINE INTERNATIONAL LIMITED

💤Zombieactive
SC360074 · ltd · incorporated 2009-05-21
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 Nov 2024
Net worth
£17.8k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). 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 (76/100)

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
10 officers (2 active, 10 linked, 6 with DOB)
82
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · FRS 102
Positive net assets
Net assets £17,794

Key financials

2 years extracted from filed iXBRL accounts
Cash
£10k
Net Worth
£18k
Current Assets
£12k
Current Liabilities
£0£4k£7k£11k£14k£18kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Total assets£17.8k
Current assets£12.1k
Cash£9.9k
Debtors£2.2k
Net assets£17.8k
Average employees200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 (35 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2023-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-08-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2017-12-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2017-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2017-12-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2017-12-01
    LAMBIE, William James appointed
    director
  16. 2017-12-01
    LAMBIE, Steven James resigned
    director
  17. 2017-11-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2016-10-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2016-02-29
    LAMBIE, Steven James appointed
    director
  20. 2016-02-29
    LAMBIE, William James resigned
    director
  21. 2009-11-11
    LAMBIE, Melanie Margaret appointed
    secretary
  22. 2009-11-11
    LAMBIE, Melanie Margaret resigned
    secretary
  23. 2009-11-11
    JORDAN NOMINEES (SCOTLAND) LIMITED resigned
    corporate-secretary
  24. 2009-11-11
    LAMBIE, William James appointed
    director
  25. 2009-11-11
    LAMBIE, William James resigned
    director
  26. 2009-11-11
    TOWNSEND, Paul Michael resigned
    director
  27. 2009-11-01
    LAMBIE, Melanie Margaret appointed
    secretary
  28. 2009-11-01
    JORDAN NOMINEES (SCOTLAND) LIMITED resigned
    corporate-secretary
  29. 2009-11-01
    LAMBIE, William James appointed
    director
  30. 2009-11-01
    TOWNSEND, Paul Michael resigned
    director
  31. 2009-05-21
    🏢
    Company incorporated
    As FIRSTLINE INTERNATIONAL LIMITED
  32. 2009-05-21
    JORDAN NOMINEES (SCOTLAND) LIMITED appointed
    corporate-secretary
  33. 2009-05-21
    JORDAN NOMINEES (SCOTLAND) LIMITED appointed
    corporate-secretary
  34. 2009-05-21
    TOWNSEND, Paul Michael appointed
    director
  35. 2009-05-21
    TOWNSEND, Paul Michael appointed
    director

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

75/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.

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
Mrs Melanie Margaret Lambie
Individual · British · DOB 09/1966 · age 60
2550%
25–50%25-50% shares · 25-50% voting07/04/2016
Mr William James Lambie
Individual · British · DOB 08/1960 · age 66
2550%
25–50%25-50% shares · 25-50% voting07/04/2016
1 historic (ceased) PSC
  • Mr Steven James Lambieceased 28/08/2023· significant influence

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2009-05-21
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

The Nursery Bungalow High Street
Newhouse
Motherwell
ML1 5ST

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21

Officers (2 active · 8 resigned)

LAMBIE, Melanie Margaret
secretary · appointed 2009-11-01
View their other companies + combined net worth →
Active
LAMBIE, William James
director · ~66y · appointed 2017-12-01
View their other companies + combined net worth →
Active
LAMBIE, Melanie Margaret
secretary · appointed 2009-11-11 · resigned 2009-11-11
Resigned
JORDAN NOMINEES (SCOTLAND) LIMITED
corporate-secretary · appointed 2009-05-21 · resigned 2009-11-11
Resigned
JORDAN NOMINEES (SCOTLAND) LIMITED
corporate-secretary · appointed 2009-05-21 · resigned 2009-11-01
Resigned
LAMBIE, Steven James
director · ~38y · appointed 2016-02-29 · resigned 2017-12-01
Resigned
LAMBIE, William James
director · ~66y · appointed 2009-11-11 · resigned 2009-11-11
Resigned
LAMBIE, William James
director · ~66y · appointed 2009-11-01 · resigned 2016-02-29
Resigned
TOWNSEND, Paul Michael
director · ~64y · appointed 2009-05-21 · resigned 2009-11-01
Resigned
TOWNSEND, Paul Michael
director · ~64y · appointed 2009-05-21 · resigned 2009-11-11
Resigned

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

Recent filings (64 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-04
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-28