QUATRAFLOW LIMITED

💤Zombieactive
SC397099 · ltd · incorporated 2011-04-05
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 Jun 2025
Net worth
£-163.5k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 36000
Sector: Water supply & waste
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 65). 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 (82/100)

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
7 officers (1 active, 7 linked, 6 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £163,469

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£163k
~ YoY
Current Assets
£11k
~ YoY
Current Liabilities
—
-£163k-£129k-£94k-£59k-£24k£11kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-06-302024-06-30
Total assets£-163.5k£-163.5k
Current assets£11.3k£11.3k
Net assets£-163.5k£-163.5k

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
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 90 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-16
    ➖
    MORAN, John Conway resigned
    director
  2. 2026-04-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-02-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-09-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-04-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-10-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2019-10-22
    ➖
    STRACHAN, Alexander Geoffrey resigned
    director
  13. 2019-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-03-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-12-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2017-12-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2017-12-14
    ➖
    BROWN, Colette Frances resigned
    secretary
  18. 2017-12-14
    ➖
    BROWN, Colette Frances resigned
    director
  19. 2017-03-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2014-02-01
    ➕
    STRACHAN, Alexander Geoffrey appointed
    director
  21. 2014-01-31
    ➖
    HOLMES, Nicolas resigned
    director
  22. 2012-09-10
    ➕
    MORAN, John Conway appointed
    director
  23. 2012-04-05
    ➖
    KIPLING, David Garrie resigned
    director
  24. 2011-04-05
    🏢
    Company incorporated
    As QUATRAFLOW LIMITED
  25. 2011-04-05
    ➕
    STILLIE, Ian appointed
    director
  26. 2011-04-05
    ➕
    BROWN, Colette Frances appointed
    secretary
  27. 2011-04-05
    ➕
    BROWN, Colette Frances appointed
    director
  28. 2011-04-05
    ➕
    HOLMES, Nicolas appointed
    director
  29. 2011-04-05
    ➕
    KIPLING, David Garrie appointed
    director

Owner dependency

100/100
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.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

88/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • 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.)

Group structure

Theseus Ventures Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Theseus Ventures Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
QUATRAFLOW LIMITED
This company · SC397099

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian Stillie
Individual · British · DOB 10/1961 · age 65
75–100%
—75-100% shares21/04/2022
Theseus Ventures Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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.

See pricing →

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——£65.9k—17y8262y
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SC238121 · est 2002 · no financials extracted
————23y8161y
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————25y8065y
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——£27.5k—23y8065y
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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
Incorporated2011-04-05
Jurisdictionscotland
Primary SIC36000 — SIC 36000

Registered office

St James House
56 Albany Drive
Lanark
Lanarkshire
ML11 9AF

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-04-19
Last: 2026-04-05

Officers (1 active · 6 resigned)

STILLIE, Ian→
director · ~65y · appointed 2011-04-05
View their other companies + combined net worth →
Active
BROWN, Colette Frances→
secretary · appointed 2011-04-05 · resigned 2017-12-14
Resigned
BROWN, Colette Frances→
director · ~47y · appointed 2011-04-05 · resigned 2017-12-14
Resigned
HOLMES, Nicolas→
director · ~63y · appointed 2011-04-05 · resigned 2014-01-31
Resigned
KIPLING, David Garrie→
director · ~63y · appointed 2011-04-05 · resigned 2012-04-05
Resigned
MORAN, John Conway→
director · ~60y · appointed 2012-09-10 · resigned 2026-04-16
Resigned
STRACHAN, Alexander Geoffrey→
director · ~71y · appointed 2014-02-01 · resigned 2019-10-22
Resigned

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

Recent filings (49 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
termination-director-company-with-name-termination-date
officers · TM01
2026-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-30
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-23