TULLOCHGORUM GARDENS 1967 LIMITED

💤Zombieactive
SC480505 · ltd · incorporated 2014-06-20
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
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Turnover
year to Jun 2024
Net worth
book net assets
Opportunity
68/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 55/100. 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 (53/100).

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
1 officers (1 active, 1 linked, 1 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
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30

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
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-01-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-01-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-01-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-01-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-05-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-02-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-01-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-02-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2017-11-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2017-03-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2016-06-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-02-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2015-08-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-06-20
    🏢
    Company incorporated
    As TULLOCHGORUM GARDENS 1967 LIMITED
  15. 2014-06-20
    LIVINGSTONE, Kenneth Alexander appointed
    director
  16. 2014-06-20
    📄
    incorporation-company
    incorporation · NEWINC

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 59 — approaching natural succession window.
  • +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 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: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Alexander Livingstone
Individual · British · DOB 07/1967 · age 59
75100%
75–100%board control75-100% shares · 75-100% voting · board control20/06/2017

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

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Available from the Pro tier upwards.

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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.

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Company details

Statusactive
Typeltd
Incorporated2014-06-20
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

11 Castle Road
Cruden Bay
Peterhead
AB42 0NE
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-04
Last: 2025-06-20

Officers (1 active · 0 resigned)

LIVINGSTONE, Kenneth Alexander
director · ~59y · appointed 2014-06-20
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-20
accounts-with-accounts-type-dormant
accounts · AA
2025-01-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-20
accounts-with-accounts-type-dormant
accounts · AA
2024-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
accounts-with-accounts-type-dormant
accounts · AA
2023-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-20
accounts-with-accounts-type-dormant
accounts · AA
2022-01-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-22
accounts-with-accounts-type-dormant
accounts · AA
2021-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-22
accounts-with-accounts-type-dormant
accounts · AA
2020-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-20
accounts-with-accounts-type-dormant
accounts · AA
2019-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-06-20