VIRGIL LTD.

💤Zombieactive
SC370740 · ltd · incorporated 2010-01-06
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 Jan 2025
Net worth
£115.5k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 77110Renting and leasing of cars and light motor vehicles
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 58). 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

1 live charge · oldest 14.6y

45/100
under pressure

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

  • · Oldest live charge is 14.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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 £115,531
Net assets shrinking
Down £668 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£116k
~ YoY
Current Assets
£29k
↓ 59% YoY
Current Liabilities
—
£0£23k£46k£70k£93k£116kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-01-312024-01-31
Total assets£118.2k£116.2k
Current assets£28.8k£71.1k
Net assets£115.5k£116.2k

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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-10-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-03-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-10-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-04-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2015-04-10
    🔓
    Charge satisfied #1
  15. 2015-01-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-10-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2011-10-13
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC
  18. 2010-01-06
    🏢
    Company incorporated
    As VIRGIL LTD.
  19. 2010-01-06
    ➕
    CRAWFORD, Virgil Martin appointed
    director
  20. 2010-01-06
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  21. 2010-01-06
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  22. 2010-01-06
    ➕
    MABBOTT, Stephen George appointed
    director
  23. 2010-01-06
    ➖
    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 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — 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 58. 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 16 years.
  • secondaryStable-but-static management: Company is 16 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%
NameSharesVoting rightsNature of controlNotified
Mr Virgil Martin Crawford
Individual · British · DOB 12/1968 · age 58
75–100%
—75-100% shares06/04/2016

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

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
Incorporated2010-01-06
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

20 Viewfield Street
Stirling
FK8 1UA

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-20
Last: 2026-01-06

Officers (1 active · 2 resigned)

CRAWFORD, Virgil Martin→
director · ~58y · appointed 2010-01-06
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-secretary · appointed 2010-01-06 · resigned 2010-01-06
Resigned
MABBOTT, Stephen George→
director · ~76y · appointed 2010-01-06 · resigned 2010-01-06
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property13/10/201110/04/2015

Recent filings (37 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-20
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-07