PARKHEAD SUN LTD

💤Zombieactive
SC391433 · ltd · incorporated 2011-01-12
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 Dec 2024
Net worth
£119.0k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other amusement and recreation activities n.e.c.
Sector: Arts, entertainment & recreation
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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: high (81/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
46 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 105 (micro)
Positive net assets
Net assets £119,015

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£119k
↑ 38% YoY
Current Assets
£155k
↑ 81% YoY
Current Liabilities
£0£31k£62k£93k£124k£155kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£137.4k£107.8k
Current assets£154.6k£85.3k
Net assets£119.0k£86.0k

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 (26 events)Click to expand
  1. 2025-09-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-01-13
    COOGAN, John Russell resigned
    director
  8. 2021-01-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2019-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-03-19
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  11. 2019-03-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-03-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-02-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-02-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2015-07-01
    COOGAN, John Russell appointed
    director
  18. 2015-01-01
    PALING, David appointed
    director
  19. 2015-01-01
    MCFARLANE, Robert resigned
    director
  20. 2014-06-07
    MCKENNA, Lynn appointed
    secretary
  21. 2014-06-07
    MCFARLANE, Robert appointed
    director
  22. 2014-06-06
    MCKENNA, Lynn resigned
    secretary
  23. 2014-06-06
    MCFARLANE, Robert resigned
    director
  24. 2011-01-12
    🏢
    Company incorporated
    As PARKHEAD SUN LTD
  25. 2011-01-12
    MCKENNA, Lynn appointed
    secretary
  26. 2011-01-12
    MCFARLANE, Robert appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

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.
  • secondaryStable-but-static management: Company is 15 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.)

Group structure

Jupiter Mining Ltd. is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Jupiter Mining Ltd.
Corporate parent · holds 75-100% shares
ultimate parent
PARKHEAD SUN LTD
This company · SC391433

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Jupiter Mining Ltd.
Corporate entity
75100%
75-100% shares01/07/2016

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 →

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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
Incorporated2011-01-12
Jurisdictionscotland
Primary SIC93290 — Other amusement and recreation activities n.e.c.

Registered office

Trident House 3rd Floor Renfrew Wing
175 Renfrew Road
Paisley
PA3 4EF
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-02
Last: 2025-05-19

Officers (2 active · 4 resigned)

MCKENNA, Lynn
secretary · appointed 2014-06-07
View their other companies + combined net worth →
Active
PALING, David
director · ~58y · appointed 2015-01-01
View their other companies + combined net worth →
Active
MCKENNA, Lynn
secretary · appointed 2011-01-12 · resigned 2014-06-06
Resigned
COOGAN, John Russell
director · ~57y · appointed 2015-07-01 · resigned 2021-01-13
Resigned
MCFARLANE, Robert
director · ~66y · appointed 2014-06-07 · resigned 2015-01-01
Resigned
MCFARLANE, Robert
director · ~66y · appointed 2011-01-12 · resigned 2014-06-06
Resigned

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

Recent filings (46 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-29
termination-director-company-with-name-termination-date
officers · TM01
2021-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-02
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-18