ELIM PROJECT SYSTEMS LIMITED

🌳Matureactive
SC400039 · ltd · incorporated 2011-05-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£2.1k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

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
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
37 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 · accounting standard not declared
Positive net assets
Net assets £2,132
Net assets shrinking
Down £73 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£2k
↓ 3.3% YoY
Current Assets
£2k
↓ 3.8% YoY
Current Liabilities
—
£0£441£882£1k£2k£2kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£2.1k£2.2k
Current assets£1.8k£1.9k
Net assets£2.1k£2.2k

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-08-28
    ➕
    OGUNLANA, Stephen Olu, Professor appointed
    director
  5. 2023-08-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-06-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-02-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-02-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2023-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-07-10
    ➖
    OGUNLANA, Samuel Oluwabukayomi, Mr. resigned
    director
  12. 2021-05-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-02-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-02-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-05-28
    ➕
    OGUNLANA, Samuel Oluwabukayomi, Mr. appointed
    director
  16. 2018-05-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2018-02-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2016-06-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2012-04-25
    ➖
    AWODELE, Oluwaseyi Alabi, Mr. resigned
    director
  21. 2011-05-24
    🏢
    Company incorporated
    As ELIM PROJECT SYSTEMS LIMITED
  22. 2011-05-24
    ➕
    OGUNLANA, Elizabeth Adebola, Dr. Mrs. appointed
    director
  23. 2011-05-24
    ➕
    AWODELE, Oluwaseyi Alabi, Mr. appointed
    director

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • 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
Dr. Mrs. Elizabeth Adebola Ogunlana
Individual · British · DOB 10/1955 · age 71
75–100%
—75-100% shares24/05/2016

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
Incorporated2011-05-24
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

20 Malleny Avenue
Balerno
Midlothian
EH14 7EJ

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-07
Last: 2025-05-24

Officers (2 active · 2 resigned)

OGUNLANA, Elizabeth Adebola, Dr. Mrs.→
director · ~71y · appointed 2011-05-24
View their other companies + combined net worth →
Active
OGUNLANA, Stephen Olu, Professor→
director · ~69y · appointed 2023-08-28
View their other companies + combined net worth →
Active
AWODELE, Oluwaseyi Alabi, Mr.→
director · ~56y · appointed 2011-05-24 · resigned 2012-04-25
Resigned
OGUNLANA, Samuel Oluwabukayomi, Mr.→
director · ~33y · appointed 2018-05-28 · resigned 2021-07-10
Resigned

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

Recent filings (37 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-14
appoint-person-director-company-with-name-date
officers · AP01
2023-08-28
termination-director-company-with-name-termination-date
officers · TM01
2023-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-27
change-person-director-company-with-change-date
officers · CH01
2023-02-23
change-person-director-company-with-change-date
officers · CH01
2023-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-05
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-13