SPX4U LTD.

💤Zombieactive
SC421054 · ltd · incorporated 2012-04-03
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 Apr 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 47782
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (71/100)

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
10 officers (2 active, 10 linked, 7 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
3 connected companies via shared directors
54
Filing history
47 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Average employees500500

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 confirmation-statement
  • • 1 officers
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-17
    ➖
    HIGGINS, Christopher resigned
    director
  3. 2026-02-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-08-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-08-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-06-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-06-10
    ➕
    HIGGINS, Sinead Una appointed
    director
  8. 2025-02-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-04-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-08-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-04-20
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  17. 2017-04-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2017-04-19
    ➕
    HIGGINS, Sinead appointed
    secretary
  19. 2017-04-19
    ➖
    BATES, Donald resigned
    secretary
  20. 2017-04-19
    ➖
    BATES, Donald resigned
    director
  21. 2012-09-05
    ➕
    BATES, Marilyn appointed
    director
  22. 2012-09-05
    ➖
    BATES, Marilyn resigned
    director
  23. 2012-09-04
    ➕
    HIGGINS, Christopher appointed
    director
  24. 2012-09-03
    ➖
    CAMPBELL, Iain William resigned
    director
  25. 2012-04-03
    🏢
    Company incorporated
    As SPX4U LTD.
  26. 2012-04-03
    ➕
    BATES, Donald appointed
    secretary
  27. 2012-04-03
    ➕
    TRAINER, Peter appointed
    secretary
  28. 2012-04-03
    ➖
    TRAINER, Peter resigned
    secretary
  29. 2012-04-03
    ➕
    BATES, Donald appointed
    director
  30. 2012-04-03
    ➕
    CAMPBELL, Iain William appointed
    director
  31. 2012-04-03
    ➕
    MCINTOSH, Susan appointed
    director
  32. 2012-04-03
    ➖
    MCINTOSH, Susan resigned
    director
  33. 2012-04-03
    ➕
    TRAINER, Peter appointed
    director
  34. 2012-04-03
    ➖
    TRAINER, Peter resigned
    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

45/100
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.

Red flags

1 low
Multiple registered office changes
low

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

🔒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

Active · Retail · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
PENTLAND KITCHENS LIMITED→
SC307579 · est 2006
£710.4k
£532.8k–£888.0k
——200019y8363y
M&F FUNERAL SERVICES LIMITED→
SC365033 · est 2009
£671.4k
£503.6k–£839.3k
——140016y8861y
LYON & TURNBULL LIMITED→
SC191166 · est 1998
£551.7k
£413.8k–£689.6k
——7527y8577y
FESTIVAL FRINGE TRADING LIMITED→
SC130813 · est 1991
£497.4k
£373.1k–£621.8k
——035y8577y
DRINX.COM LIMITED→
SC203859 · est 2000
——£353.7k—26y8363y
GLASGOW ARCHITECTURAL SALVAGE LIMITED→
SC248258 · est 2003 · no financials extracted
————23y8358y
GLENTERRIN LIMITED→
SC116076 · est 1989
———710037y8364y
GRAHAM TISO LIMITED→
SC081944 · est 1983 · no financials extracted
————43y8360y
NGS TRADING COMPANY LIMITED→
SC312797 · est 2006 · no financials extracted
————19y8368y
PLANET FLOWERS LTD.→
SC212761 · est 2000
——£208.8k—25y8378y
THE DORMANT DISTILLERY COMPANY LIMITED→
SC172078 · est 1997
———6429y8362y
THE GREAT GROG COMPANY LIMITED→
SC194873 · est 1999
——£501.5k—27y8364y
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
Incorporated2012-04-03
Jurisdictionscotland
Primary SIC47782 — SIC 47782

Registered office

16 Cleuch Avenue
North Middleton
Gorebridge
EH23 4RP
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03

Officers (2 active · 8 resigned)

HIGGINS, Sinead→
secretary · appointed 2017-04-19
View their other companies + combined net worth →
Active
HIGGINS, Sinead Una→
director · ~54y · appointed 2025-06-10
View their other companies + combined net worth →
Active
BATES, Donald→
secretary · appointed 2012-04-03 · resigned 2017-04-19
Resigned
TRAINER, Peter→
secretary · appointed 2012-04-03 · resigned 2012-04-03
Resigned
BATES, Donald→
director · ~73y · appointed 2012-04-03 · resigned 2017-04-19
Resigned
BATES, Marilyn→
director · ~73y · appointed 2012-09-05 · resigned 2012-09-05
Resigned
CAMPBELL, Iain William→
director · ~64y · appointed 2012-04-03 · resigned 2012-09-03
Resigned
HIGGINS, Christopher→
director · ~58y · appointed 2012-09-04 · resigned 2026-02-17
Resigned
MCINTOSH, Susan→
director · ~56y · appointed 2012-04-03 · resigned 2012-04-03
Resigned
TRAINER, Peter→
director · ~74y · appointed 2012-04-03 · resigned 2012-04-03
Resigned

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

Recent filings (47 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
termination-director-company-with-name-termination-date
officers · TM01
2026-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-21
appoint-person-director-company-with-name-date
officers · AP01
2025-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-20