FROG WORKS (STORAGE) LTD
💤Zombieactive
SC405547 · ltd · incorporated 2011-08-17
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
£38
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other transportation support activities
Sector: Transportation & storage
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (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 (73/100).
Data confidence
Overall: medium (78/100)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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
33 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 declaredPositive net assets
Net assets £38
Net assets shrinking
Down £1,610 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£38
↓ 98% YoY
Current Assets
£3k
↓ 80% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £38 | £1.6k |
| Current assets | £2.6k | £13.0k |
| Net assets | £38 | £1.6k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-10-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-10📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-10-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-10-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-11-01📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2016-10-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-08-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-08-17🏢Company incorporatedAs FROG WORKS (STORAGE) LTD
- 2011-08-17➕DEAVES, Susan Marion appointedsecretary
- 2011-08-17➕HANSEN, Christopher Jon appointeddirector
Owner dependency
88/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Susan Marion Deaves Individual · British · DOB 02/1960 · age 66 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 17/08/2016 |
Mr Christopher Jon Hansen Individual · New Zealander · DOB 06/1962 · age 64 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/05/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| KERR'S OF EDINBURGH LTD→ SC568681 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LAIRD TAXIS LTD.→ SC307300 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| LALAMOVEUK LIMITED→ SC863776 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LINLITHGOW PC LIMITED→ SC366698 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| LIVIU PETROV LOGISTICS LIMITED→ SC862692 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LOTHIAN COUNTRY BUSES LIMITED→ SC127512 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| LUXURY TRANSFER SCOTLAND LTD→ SC844494 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MAILBOXES 247 LIMITED→ SC363727 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| MARCIN KOBUS HAULAGE LTD.→ SC409029 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| MARK TOMASSI TAXIS LIMITED→ SC342293 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| MARPAN LTD→ SC499535 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| MARTINS REMOVAL SERVICES LTD.→ SC695622 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2011-08-17
Jurisdictionscotland
Primary SIC52290 — Other transportation support activities
Registered office
Unit 10 Mid Road
Mid Road Ind Estate
Prestonpans
East Lothian
EH32 9ER
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17
Officers (2 active · 0 resigned)
DEAVES, Susan Marion→
Activesecretary · appointed 2011-08-17
View their other companies + combined net worth →
HANSEN, Christopher Jon→
Activedirector · ~64y · appointed 2011-08-17
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (33 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-21