TOOL SUPPLIES SCOTLAND LTD

💤Zombieactive
SC395326 · ltd · incorporated 2011-03-11
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 Mar 2025
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-12-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-11-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-11-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-04-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2021-11-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-03-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-11-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-10-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2017-12-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2016-12-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2016-03-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2015-04-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-04-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2014-12-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2011-03-11
    🏢
    Company incorporated
    As TOOL SUPPLIES SCOTLAND LTD
  18. 2011-03-11
    ASTLES, Jeffrey 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.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-25

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jeffrey Astles
Individual · British · DOB 02/1970 · age 56
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2011-03-11
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Torridon House
Torridon Lane
Rosyth
Fife
KY11 2EU

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-25OVERDUE
Last: 2025-03-11

Officers (1 active · 0 resigned)

ASTLES, Jeffrey
director · ~56y · appointed 2011-03-11
View their other companies + combined net worth →
Active

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

Recent filings (31 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-dormant
accounts · AA
2024-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-09
accounts-with-accounts-type-dormant
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-dormant
accounts · AA
2022-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-21
accounts-with-accounts-type-dormant
accounts · AA
2021-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-21
accounts-with-accounts-type-dormant
accounts · AA
2021-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-25
accounts-with-accounts-type-dormant
accounts · AA
2019-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-30