WEST OF SCOTLAND ASSOCIATES LIMITED

💤Zombieactive
SC396161 · ltd · incorporated 2011-03-23
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
£-16.9k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 18129
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (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: distressed disposal / insolvency (65/100).

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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £16,898

Key financials

2 years extracted from filed iXBRL accounts
Cash
£6k
Net Worth
-£17k
~ YoY
Current Assets
£10k
↓ 61% YoY
Current Liabilities
—
-£17k-£8k£219£9k£17k£26kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-16.9k£25.9k
Current assets£10.0k£25.9k
Cash£6.1k—
Debtors£3.9k—
Net assets£-16.9k£-16.9k

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-11-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2021-11-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2021-11-22
    ➖
    WRIGHT, Anne resigned
    director
  9. 2021-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-12-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2016-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-04-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-12-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-03-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2011-03-23
    🏢
    Company incorporated
    As WEST OF SCOTLAND ASSOCIATES LIMITED
  18. 2011-03-23
    ➕
    CAMPBELL, Jacqueline appointed
    secretary
  19. 2011-03-23
    ➕
    CAMPBELL, Jacqueline appointed
    director
  20. 2011-03-23
    ➕
    WRIGHT, Anne appointed
    director

Owner dependency

85/100
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.

Succession & seller-readiness

68/100
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.
  • 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
Mrs Jacqueline Campbell
Individual · British · DOB 11/1974 · age 52
25–50%
—25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mrs Anne Wrightceased 22/11/2021· 25-50% shares

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
Incorporated2011-03-23
Jurisdictionscotland
Primary SIC18129 — SIC 18129

Registered office

5 Victoria Place
Airdrie
Lanarkshire
ML6 9BU

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-07
Last: 2025-11-23

Officers (2 active · 1 resigned)

CAMPBELL, Jacqueline→
secretary · appointed 2011-03-23
View their other companies + combined net worth →
Active
CAMPBELL, Jacqueline→
director · ~52y · appointed 2011-03-23
View their other companies + combined net worth →
Active
WRIGHT, Anne→
director · ~57y · appointed 2011-03-23 · resigned 2021-11-22
Resigned

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

Recent filings (39 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-29
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-23
termination-director-company-with-name-termination-date
officers · TM01
2021-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-22