TRACEALL GLOBAL LIMITED

💤Zombieactive
SC430847 · ltd · incorporated 2012-08-21
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 steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Dec 2025
Net worth
£-99.1k
book net assets
Opportunity
77/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 12.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 12.5 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (1 active, 12 linked, 9 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
81 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £99,140
Net assets shrinking
Down £103,285 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£99k
↓ 2492% YoY
Current Assets
£6k
~ YoY
Current Liabilities
—
-£99k-£78k-£57k-£36k-£15k£6kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-12-312024-12-31
Total assets£52.8k£154.1k
Current assets£6.3k£6.3k
Net assets£-99.1k£4.1k

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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2026-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-09-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-08-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-08-14
    ➖
    DRYBURGH, Robert resigned
    director
  7. 2022-11-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-06-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-01-16
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2021-01-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2020-11-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-06-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-06-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-05-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2018-05-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-05-01
    🔒
    Charge registered #4
    Lender: Marketinvoice Limited
  18. 2018-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-04-18
    ➖
    ELLIOTT, Richard James Alfred resigned
    director
  20. 2017-04-01
    ➕
    DRYBURGH, Robert appointed
    director
  21. 2016-11-07
    ➖
    DRYBURGH, Robert James resigned
    director
  22. 2016-10-31
    ➖
    STEELE, Alan resigned
    director
  23. 2016-05-17
    ➖
    YOUNG, William resigned
    secretary
  24. 2016-05-17
    ➖
    YOUNG, William resigned
    director
  25. 2016-05-01
    ➖
    ELLIOTT, George Reginald resigned
    director
  26. 2015-08-24
    ➕
    ELLIOTT, George Reginald appointed
    director
  27. 2015-07-13
    ➕
    DRYBURGH, Robert James appointed
    director
  28. 2015-04-02
    🔓
    Charge satisfied #2
  29. 2015-03-31
    🔓
    Charge satisfied #1
  30. 2015-03-27
    ➕
    ELLIOTT, Richard James Alfred appointed
    director
  31. 2015-03-27
    🔒
    Charge registered #3
    Lender: Maven Capital Partners UK LLP
  32. 2015-01-05
    ➕
    YOUNG, William appointed
    secretary
  33. 2015-01-01
    ➕
    YOUNG, William appointed
    director
  34. 2014-11-03
    🔒
    Charge registered #2
    Lender: Sterling Trade Finance LTD
  35. 2014-04-01
    ➖
    MCCULLOCH, Colin resigned
    secretary
  36. 2014-01-23
    🔒
    Charge registered #1
    Lender: West of Scotland Loan Fund
  37. 2013-11-18
    ➕
    COMERFORD, James Joseph appointed
    director
  38. 2013-11-18
    ➕
    MCCULLOCH, Colin appointed
    secretary
  39. 2013-11-18
    ➕
    COMERFORD, Jim appointed
    director
  40. 2013-11-18
    ➖
    COMERFORD, Jim resigned
    director
  41. 2013-11-18
    ➖
    MCCULLOCH, Colin John resigned
    director
  42. 2013-11-18
    ➕
    STEELE, Alan appointed
    director
  43. 2013-10-18
    ➖
    CORPORATE ADVICE LIMITED resigned
    corporate-secretary
  44. 2012-08-21
    🏢
    Company incorporated
    As TRACEALL GLOBAL LIMITED
  45. 2012-08-21
    ➕
    CORPORATE ADVICE LIMITED appointed
    corporate-secretary
  46. 2012-08-21
    ➕
    MCCULLOCH, Colin John appointed
    director

Owner dependency

83/100
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.

Succession & seller-readiness

68/100
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 13 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr James Comerford
Individual · United Kingdom · DOB 09/1964 · age 62
25–50%
—25-50% shares06/04/2016

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 →

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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
Incorporated2012-08-21
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

1 Macdowall Street
Paisley
PA3 2NB
Scotland

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-09-08
Last: 2025-08-25

Officers (1 active · 11 resigned)

COMERFORD, James Joseph→
director · ~62y · appointed 2013-11-18
View their other companies + combined net worth →
Active
MCCULLOCH, Colin→
secretary · appointed 2013-11-18 · resigned 2014-04-01
Resigned
YOUNG, William→
secretary · appointed 2015-01-05 · resigned 2016-05-17
Resigned
CORPORATE ADVICE LIMITED→
corporate-secretary · appointed 2012-08-21 · resigned 2013-10-18
Resigned
COMERFORD, Jim→
director · ~72y · appointed 2013-11-18 · resigned 2013-11-18
Resigned
DRYBURGH, Robert→
director · ~73y · appointed 2017-04-01 · resigned 2023-08-14
Resigned
DRYBURGH, Robert James→
director · ~73y · appointed 2015-07-13 · resigned 2016-11-07
Resigned
ELLIOTT, George Reginald→
director · ~74y · appointed 2015-08-24 · resigned 2016-05-01
Resigned
ELLIOTT, Richard James Alfred→
director · ~47y · appointed 2015-03-27 · resigned 2018-04-18
Resigned
MCCULLOCH, Colin John→
director · ~73y · appointed 2012-08-21 · resigned 2013-11-18
Resigned
STEELE, Alan→
director · ~72y · appointed 2013-11-18 · resigned 2016-10-31
Resigned
YOUNG, William→
director · ~71y · appointed 2015-01-01 · resigned 2016-05-17
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
MarketInvoice
Marketinvoice Limited
A registered charge—01/05/2018—
outstanding
Maven Capital Partners UK
Maven Capital Partners UK LLP
A registered charge—27/03/2015—
satisfied
Sterling Trade Finance
Sterling Trade Finance LTD
A registered charge—03/11/201402/04/2015
satisfied
West of Scotland Loan Fund
A registered charge1 property23/01/201431/03/2015
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-25
termination-director-company-with-name-termination-date
officers · TM01
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-15
gazette-filings-brought-up-to-date
gazette · DISS40
2021-01-16