FOUR SK LTD

💤Zombieactive

SC423132 · ltd · incorporated 2012-05-01

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.

Why now

Window opening · high confidence

More negotiable than before — 3 signals weakening over the last 30 days.

· Hygiene score: 90 → 70
· Opportunity score: 78 → 69
· Bankability: 75 → 65

Opportunity decay

softening · 6-months

Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.

· 3 recent signals weakening vs 0 strengthening

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

↓Opportunity score: 78 → 69
↓Hygiene score: 90 → 70
↓Bankability: 75 → 65

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£-2.8k

book net assets

Opportunity

69/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 45112

Sector: Wholesale & retail

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. 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

Lenders & charges

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

33 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

69/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Some moderate concerns — review flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £2,810

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£3k

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-05-31	2024-05-31
Total assets	£-2.8k	£-2.8k
Net assets	£-2.8k	£-2.8k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2026-02-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-16
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-22
📄
gazette-notice-compulsory
gazette · GAZ1
2025-02-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-10
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2022-07-19
📄
gazette-notice-compulsory
gazette · GAZ1
2022-01-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-02-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-08-17
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2016-08-16
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-05-01
🏢
Company incorporated
As FOUR SK LTD
2012-05-01
➕
KENNEDY, Susan appointed
director

Owner dependency

88/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

63/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 14 years.

Red flags

1 high ·

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-05-15

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Susan Kennedy Individual · British · DOB 06/1964 · age 62	75–100%	—	75-100% shares	01/05/2017

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

Active · Automotive · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AA MOTORS LIMITED→ SC249517 · est 2003	—	—	—	400	23y	83	63y
ARGYLE DIESEL ELECTRICS LIMITED→ SC039707 · est 1963	—	—	£206.8k	—	62y	83	94y
AUTO-TEC (SCOTLAND) LIMITED→ SC239846 · est 2002	—	—	—	1400	23y	83	63y
BOWCOM EXPORTS LTD.→ SC329932 · est 2007	—	—	£36.4k	—	18y	83	60y
A M K SELF DRIVE LIMITED→ SC144323 · est 1993	—	—	—	—	33y	82	68y
AEP (SCOTLAND) LTD.→ SC378869 · est 2010	—	—	£1.01M	—	16y	82	64y
ALEX MURRAY MOTORS LIMITED→ SC237362 · est 2002	—	—	£546.1k	—	23y	82	86y
ALPINE TRANSMISSIONS LIMITED→ SC174276 · est 1997	—	—	—	600	29y	82	59y
AUTOVAUX LIMITED→ SC265569 · est 2004	—	—	£29.6k	—	22y	82	59y
BAILLIESTON MOTOR ENGINEERS LTD→ SC280923 · est 2005	—	—	£367.5k	—	21y	82	63y
BURNFIELD MOTORS LTD.→ SC254936 · est 2003	—	—	£557.6k	—	22y	82	70y
BURNS MOTOR ENGINEERING COMPANY LIMITED→ SC218165 · est 2001	—	—	£853.3k	—	25y	82	62y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2012-05-01

Jurisdictionscotland

Primary SIC45112 — SIC 45112

Registered office

1 The Glebe

Bothwell

Glasgow

G71 8AG

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-05-15OVERDUE

Last: 2025-05-01

Officers (1 active · 0 resigned)

KENNEDY, Susan→

director · ~62y · appointed 2012-05-01

View their other companies + combined net worth →

Active

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

2026-02-13

gazette-filings-brought-up-to-date

gazette · DISS40

2025-08-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-08-13

gazette-notice-compulsory

gazette · GAZ1

2025-07-22

accounts-with-accounts-type-micro-entity

accounts · AA

2025-02-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-07-09

accounts-with-accounts-type-micro-entity

accounts · AA

2024-02-08

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-25

accounts-with-accounts-type-micro-entity

accounts · AA

2023-02-28

gazette-filings-brought-up-to-date

gazette · DISS40

2022-09-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-09-09

gazette-notice-compulsory

gazette · GAZ1

2022-07-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-01-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-05-25

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-02-18