EULYSIS UK LIMITED

💤Zombieactive
SC409098 · ltd · incorporated 2011-10-10
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 Oct 2024
Net worth
£-652.4k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 21100
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (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: high (81/100)

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
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
82
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 £652,428

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£652k
↓ 12% YoY
Current Assets
£18
↓ 99% YoY
Current Liabilities
-£652k-£522k-£391k-£260k-£129k£2kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£-604.1k£-528.5k
Current assets£18£1.7k
Net assets£-652.4k£-583.0k

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
2
filings
  • 1 gazette
  • 1 address
Last 180 days
6
filings
  • 2 gazette
  • 2 address
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-02-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-02-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2026-01-21
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-12-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-11-25
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  6. 2025-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2024-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-07-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-04-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-04-13
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2023-03-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2023-01-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-01-13
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  15. 2023-01-13
    📄
    second-filing-capital-allotment-shares
    capital · RP04SH01
  16. 2023-01-13
    📄
    capital-allotment-shares
    capital · SH01
  17. 2022-10-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2022-10-27
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  19. 2022-06-22
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2022-06-17
    📄
    capital-allotment-shares
    capital · SH01
  21. 2022-06-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2020-11-16
    2020 SECRETARIAL LIMITED resigned
    corporate-secretary
  23. 2017-04-05
    STANKIEWICZ, Adam resigned
    director
  24. 2015-10-22
    TSAKAS, Spyridon-Edouard resigned
    director
  25. 2015-09-24
    TSAKAS, Spyridon-Edouard resigned
    secretary
  26. 2015-09-24
    2020 SECRETARIAL LIMITED appointed
    corporate-secretary
  27. 2015-06-03
    STANKIEWICZ, Adam appointed
    director
  28. 2014-11-05
    KING, James William Peter appointed
    director
  29. 2011-10-10
    🏢
    Company incorporated
    As EULYSIS UK LIMITED
  30. 2011-10-10
    TSAKAS, Spyridon-Edouard appointed
    secretary
  31. 2011-10-10
    TSAKAS, Spyridon-Edouard 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

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Fig Equity Llp holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Fig Equity Llp
Corporate parent · holds 25-50% shares
significant stake
EULYSIS UK LIMITED
This company · SC409098

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Fig Equity Llp
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting01/12/2019
Mr Keith John Morris
Individual · British · DOB 07/1953 · age 73
25–50%25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Spyridon-Edouard Tsakasceased 17/06/2022· 25-50% shares

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
Incorporated2011-10-10
Jurisdictionscotland
Primary SIC21100 — SIC 21100

Registered office

5 South Charlotte Street
Edinburgh
EH2 4AN

Filing status

Accounts
Next due: 2026-07-30
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (1 active · 4 resigned)

KING, James William Peter
director · ~41y · appointed 2014-11-05
View their other companies + combined net worth →
Active
TSAKAS, Spyridon-Edouard
secretary · appointed 2011-10-10 · resigned 2015-09-24
Resigned
2020 SECRETARIAL LIMITED
corporate-secretary · appointed 2015-09-24 · resigned 2020-11-16
Resigned
STANKIEWICZ, Adam
director · ~36y · appointed 2015-06-03 · resigned 2017-04-05
Resigned
TSAKAS, Spyridon-Edouard
director · ~41y · appointed 2011-10-10 · resigned 2015-10-22
Resigned

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

Recent filings (88 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-13
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-01-21
gazette-notice-compulsory
gazette · GAZ1
2025-12-30
default-companies-house-registered-office-address-applied
address · RP05
2025-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
gazette-filings-brought-up-to-date
gazette · DISS40
2023-04-18
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-04-13
gazette-notice-compulsory
gazette · GAZ1
2023-03-28