FOURTH WORLD ART

💤Zombieactive

SC443881 · private-limited-guarant-nsc-limited-exemption · incorporated 2013-02-28

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 Feb 2025

Net worth

£4.0k

book net assets

Opportunity

74/100

Strong

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What this business does

Primary activity: SIC 47890

Sector: Wholesale & retail

ALSO REGISTERED FOR

47910Retail sale via mail order houses or via Internet
90030Artistic creation

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (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 (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 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

4 officers (1 active, 4 linked, 4 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

36 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £3,950

Net assets shrinking

Down £300 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£4k

↓ 7.1% YoY

Current Assets

£4k

↓ 7.1% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-28
Total assets	£4.0k	£4.3k
Current assets	£4.0k	£4.3k
Net assets	£4.0k	£4.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 persons-with-significant-control
• 1 confirmation-statement

Last 180 days

filings

• 1 persons-with-significant-control
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-03-31
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-11-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-03-14
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-12-01
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2015-03-31
📄
annual-return-company-with-made-up-date-no-member-list
annual-return · AR01
2015-03-31
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2014-05-01
➖
KAYE, Elizabeth Anne resigned
director
2014-05-01
➖
MCDOWALL, Scott Alexander resigned
director
2013-03-05
➖
GRANT, Peter Christopher resigned
director
2013-02-28
🏢
Company incorporated
As FOURTH WORLD ART
2013-02-28
➕
LEE, Lilian Joey Seifert appointed
director
2013-02-28
➕
GRANT, Peter Christopher appointed
director
2013-02-28
➕
KAYE, Elizabeth Anne appointed
director
2013-02-28
➕
MCDOWALL, Scott Alexander 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

58/100

Strong succession signal

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

SIGNALS

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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Miss Lilian Joey Seifert Lee Individual · Singaporean · DOB 11/1982 · age 44	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control · trust interest · firm interest	06/04/2016

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 →

Similar companies

Active · Retail · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
POUNCE PADEL LTD→ SC831383 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
PRETTY PICKLED LTD→ SC692693 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
PRIME OFFERS LIMITED→ SC687874 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
PROHEALTH CLINICS LTD.→ SC428845 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
PROIECTUM LTD→ SC863836 · est 2025 · no financials extracted	—	—	—	—	—	—	—
RADHE KISHORI LTD→ SC873595 · est 2025 · no financials extracted	—	—	—	—	—	—	—
RAGAMUFFIN EDINBURGH LIMITED→ SC800054 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
RAHMAN FOODSTORE LTD→ SC673672 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
RALYNAI LTD→ SC878740 · est 2026 · no financials extracted	—	—	—	—	—	—	—
RAMAY STORE LTD→ SC700046 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
RANAZ LIMITED→ SC420303 · est 2012 · no financials extracted	—	—	—	—	14y	—	—
RAPID SHIP LTD→ SC625854 · est 2019 · no financials extracted	—	—	—	—	7y	—	—

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.

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Company details

Statusactive

Typeprivate-limited-guarant-nsc-limited-exemption

Incorporated2013-02-28

Jurisdictionscotland

Primary SIC47890 — SIC 47890

Registered office

23/8 Blackwood Crescent

Edinburgh

EH9 1RA

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-03-13

Last: 2026-02-27

Officers (1 active · 3 resigned)

LEE, Lilian Joey Seifert→

director · ~44y · appointed 2013-02-28

View their other companies + combined net worth →

Active

GRANT, Peter Christopher→

director · ~65y · appointed 2013-02-28 · resigned 2013-03-05

Resigned

KAYE, Elizabeth Anne→

director · ~43y · appointed 2013-02-28 · resigned 2014-05-01

Resigned

MCDOWALL, Scott Alexander→

director · ~42y · appointed 2013-02-28 · resigned 2014-05-01

Resigned

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