VELOCIS IT LTD

💤Zombieactive
SC402695 · ltd · incorporated 2011-06-30
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
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Retail sale of computers, peripheral units and software in specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 95110Repair of computers and peripheral equipment
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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 (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, 2 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 (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red 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£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30

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 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-01-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-01-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-12-31
    FERGUSON, Shona Marjory resigned
    director
  4. 2025-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-04-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-04-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-03-31
    LONG, Struan Oscar resigned
    director
  8. 2025-02-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2024-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-09-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-07-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2023-07-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-07-01
    LONG, Struan Oscar appointed
    director
  14. 2023-06-30
    LONG, Finlay George Kilgour resigned
    director
  15. 2022-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-10-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2021-10-01
    LONG, Finlay George Kilgour appointed
    director
  18. 2021-08-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2020-08-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2019-08-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2018-08-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2011-06-30
    🏢
    Company incorporated
    As VELOCIS IT LTD
  23. 2011-06-30
    MAJOR, Christopher Steven appointed
    director
  24. 2011-06-30
    FERGUSON, Shona Marjory appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
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.
  • 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
Mr Christopher Major
Individual · Scottish · DOB 06/1978 · age 48
2550%
sig. influence25-50% shares · significant influence30/06/2016
1 historic (ceased) PSC
  • Miss Shona Marjory Fergusonceased 31/12/2025· 25-50% shares · significant influence

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
Incorporated2011-06-30
Jurisdictionscotland
Primary SIC47410 — Retail sale of computers, peripheral units and software in specialised stores

Registered office

12 Douglas Crescent
Gelston
Castle Douglas
Dumfries And Galloway
DG7 1SJ
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-14
Last: 2025-06-30

Officers (1 active · 3 resigned)

MAJOR, Christopher Steven
director · ~48y · appointed 2011-06-30
View their other companies + combined net worth →
Active
FERGUSON, Shona Marjory
director · ~52y · appointed 2011-06-30 · resigned 2025-12-31
Resigned
LONG, Finlay George Kilgour
director · ~25y · appointed 2021-10-01 · resigned 2023-06-30
Resigned
LONG, Struan Oscar
director · ~21y · appointed 2023-07-01 · resigned 2025-03-31
Resigned

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

Recent filings (45 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-12
termination-director-company-with-name-termination-date
officers · TM01
2026-01-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-01
change-person-director-company-with-change-date
officers · CH01
2025-04-23
termination-director-company-with-name-termination-date
officers · TM01
2025-04-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-12
appoint-person-director-company-with-name-date
officers · AP01
2023-07-12
termination-director-company-with-name-termination-date
officers · TM01
2023-07-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04