TRACKFLOW LTD

💤Zombieactive
SC459859 · ltd · incorporated 2013-09-23
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 Sept 2021
Net worth
£147.0k
book net assets
Opportunity
57/100
Worth a look
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 57/100 (worth a look), bankability 50/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

2 live charges · oldest 5.8y

45/100
under pressure

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

  • · Oldest live charge is 5.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £146,958

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£147k
↑ 58% YoY
Current Assets
£8k
↓ 87% YoY
Current Liabilities
£0£29k£59k£88k£118k£147kSept 2020Sept 2021

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2021-09-302020-09-30
Total assets£239.8k£357.4k
Current assets£7.6k£57.4k
Net assets£147.0k£92.8k

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 confirmation-statement
Last 180 days
2
filings
  • 1 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-03-21
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2024-09-13
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2024-08-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-06-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-08-11
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2022-12-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2022-09-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2022-09-01
    🔓
    Charge satisfied #2
  9. 2022-08-31
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-08-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2022-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-04-20
    COOK, Angus James resigned
    director
  13. 2022-03-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-08-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-08-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2020-08-12
    🔒
    Charge registered #2
    Lender: Lowry Capital Limited
  18. 2020-08-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2020-08-04
    🔒
    Charge registered #1
    Lender: Lowry Capital Limited
  20. 2020-07-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2020-02-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2019-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2018-07-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  24. 2018-01-20
    COOK, Angus James appointed
    director
  25. 2013-09-23
    🏢
    Company incorporated
    As TRACKFLOW LTD
  26. 2013-09-23
    COOK, Christopher James 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

53/100
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.
  • secondary12+ year tenure: Director in role 13 years.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2023-06-30

Confirmation statement overdue
high

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

Evidence: Next due: 2025-02-24

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christopher James Cook
Individual · British · DOB 09/1972 · age 54
75100%
75-100% shares02/01/2020
2 historic (ceased) PSCs
  • Mrs Linda Cookceased 02/01/2020· 75-100% shares
  • Mr Chriostopher Cookceased 01/12/2016· 75-100% 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

10 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
Incorporated2013-09-23
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

3 Taypark 30 Dundee Road
Broughty Ferry
Dundee
DD5 1LX
Scotland

Filing status

Accounts
Next due: 2023-06-30OVERDUE
Last made up to: 2021-09-30
Confirmation statement
Next due: 2025-02-24OVERDUE
Last: 2024-02-10

Officers (1 active · 1 resigned)

COOK, Christopher James
director · ~54y · appointed 2013-09-23
View their other companies + combined net worth →
Active
COOK, Angus James
director · ~81y · appointed 2018-01-20 · resigned 2022-04-20
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lowry Capital
Lowry Capital Limited
A registered charge1 property12/08/202001/09/2022
outstanding
Lowry Capital
Lowry Capital Limited
A registered charge04/08/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (37 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-18
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-09-13
gazette-notice-compulsory
gazette · GAZ1
2024-08-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-10
certificate-change-of-name-company
change-of-name · CERTNM
2023-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-08
termination-director-company-with-name-termination-date
officers · TM01
2022-12-06
mortgage-satisfy-charge-full
mortgage · MR04
2022-09-01
gazette-filings-brought-up-to-date
gazette · DISS40
2022-08-31
gazette-notice-compulsory
gazette · GAZ1
2022-08-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-31
change-person-director-company-with-change-date
officers · CH01
2022-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-11