BRITANNIA RISKS LIMITED

💤Zombieactive
SC474348 · ltd · incorporated 2014-04-03
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 Aug 2024
Net worth
£19.3k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: Private security activities
Sector: Administrative & support services
Investor take
Special-situation opportunity
Distressed trade-services with salvageable qualities — special-situations priority.

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: medium (78/100)

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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £19,322

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£19k
↑ 73% YoY
Current Assets
£237k
↓ 3.9% YoY
Current Liabilities
£0£49k£99k£148k£197k£246kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-08-312023-08-31
Total assets£57.5k£52.1k
Current assets£236.9k£246.4k
Net assets£19.3k£11.1k

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2021-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-04-16
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  8. 2020-02-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2019-08-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-05-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2018-01-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2017-01-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2016-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-12-02
    PAISLEY, Jordan James resigned
    director
  16. 2016-05-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-12-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2014-04-03
    🏢
    Company incorporated
    As BRITANNIA RISKS LIMITED
  19. 2014-04-03
    NIVEN, Stuart Matthew appointed
    director
  20. 2014-04-03
    LESLIE, Forbes Gillies appointed
    director
  21. 2014-04-03
    LESLIE, Forbes Gillies resigned
    director
  22. 2014-04-03
    PAISLEY, Jordan James 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 60 — approaching natural succession window.

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 60. 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 12 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: 2026-04-17

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stuart Matthew Niven
Individual · British · DOB 11/1966 · age 60
75100%
75-100% shares30/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2014-04-03
Jurisdictionscotland
Primary SIC80100 — Private security activities

Registered office

126 West Regent Street
Glasgow
G2 2RQ
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-04-17OVERDUE
Last: 2025-04-03

Officers (1 active · 2 resigned)

NIVEN, Stuart Matthew
director · ~60y · appointed 2014-04-03
View their other companies + combined net worth →
Active
LESLIE, Forbes Gillies
director · ~72y · appointed 2014-04-03 · resigned 2014-04-03
Resigned
PAISLEY, Jordan James
director · ~37y · appointed 2014-04-03 · resigned 2016-12-02
Resigned

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
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-26
change-account-reference-date-company-current-extended
accounts · AA01
2021-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-16