ZULOPOWER LTD

💤Zombieactive
SC492405 · ltd · incorporated 2014-12-01
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
not disclosed
Net worth
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: Buying and selling of own real estate
Sector: Real estate
ALSO REGISTERED FOR
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 54/100 (worth a look), bankability 45/100. 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.

Data confidence

Overall: medium (60/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
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
10 connected companies via shared directors
75
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth 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
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 miscellaneous
Last 180 days
1
filing
  • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-03-24
    📄
    court-order
    miscellaneous · OC-DV
  2. 2025-06-27
    📄
    bona-vacantia-company
    restoration · BONA
  3. 2025-06-26
    📄
    bona-vacantia-company
    restoration · BONA
  4. 2025-06-26
    📄
    bona-vacantia-company
    restoration · BONA
  5. 2025-06-26
    📄
    bona-vacantia-company
    restoration · BONA
  6. 2025-06-26
    📄
    bona-vacantia-company
    restoration · BONA
  7. 2025-06-26
    📄
    bona-vacantia-company
    restoration · BONA
  8. 2025-06-26
    📄
    bona-vacantia-company
    restoration · BONA
  9. 2025-06-25
    📄
    bona-vacantia-company
    restoration · BONA
  10. 2025-06-25
    📄
    bona-vacantia-company
    restoration · BONA
  11. 2025-06-25
    📄
    bona-vacantia-company
    restoration · BONA
  12. 2025-06-25
    📄
    bona-vacantia-company
    restoration · BONA
  13. 2025-02-28
    📄
    bona-vacantia-company
    restoration · BONA
  14. 2025-02-28
    📄
    bona-vacantia-company
    restoration · BONA
  15. 2025-02-26
    📄
    bona-vacantia-company
    restoration · BONA
  16. 2023-07-04
    📄
    bona-vacantia-company
    restoration · BONA
  17. 2023-06-08
    📄
    bona-vacantia-company
    restoration · BONA
  18. 2023-05-30
    📄
    bona-vacantia-company
    restoration · BONA
  19. 2023-05-10
    📄
    bona-vacantia-company
    restoration · BONA
  20. 2023-05-03
    📄
    bona-vacantia-company
    restoration · BONA
  21. 2023-05-03
    📄
    bona-vacantia-company
    restoration · BONA
  22. 2023-05-03
    📄
    bona-vacantia-company
    restoration · BONA
  23. 2023-03-16
    📄
    bona-vacantia-company
    restoration · BONA
  24. 2023-03-16
    📄
    bona-vacantia-company
    restoration · BONA
  25. 2022-12-27
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  26. 2014-12-01
    🏢
    Company incorporated
    As ZULOPOWER LTD
  27. 2014-12-01
    GARCIA, David appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
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.

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: 2016-09-01

Confirmation statement overdue
high

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

Evidence: Next due: 2022-07-08

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Garcia
Individual · British · DOB 05/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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.

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Company details

Statusactive
Typeltd
Incorporated2014-12-01
Jurisdictionscotland
Primary SIC68100 — Buying and selling of own real estate

Registered office

101 Rose Street South Lane
Edinburgh
Midlothian
EH2 3JG
Scotland

Filing status

Accounts
Next due: 2016-09-01OVERDUE
Last made up to:
Confirmation statement
Next due: 2022-07-08OVERDUE
Last: 2021-06-24

Officers (1 active · 0 resigned)

GARCIA, David
director · ~52y · appointed 2014-12-01
View their other companies + combined net worth →
Active

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

Recent filings (47 total)

court-order
miscellaneous · OC-DV
2026-03-24
bona-vacantia-company
restoration · BONA
2025-06-27
bona-vacantia-company
restoration · BONA
2025-06-26
bona-vacantia-company
restoration · BONA
2025-06-26
bona-vacantia-company
restoration · BONA
2025-06-26
bona-vacantia-company
restoration · BONA
2025-06-26
bona-vacantia-company
restoration · BONA
2025-06-26
bona-vacantia-company
restoration · BONA
2025-06-26
bona-vacantia-company
restoration · BONA
2025-06-25
bona-vacantia-company
restoration · BONA
2025-06-25
bona-vacantia-company
restoration · BONA
2025-06-25
bona-vacantia-company
restoration · BONA
2025-06-25
bona-vacantia-company
restoration · BONA
2025-02-28
bona-vacantia-company
restoration · BONA
2025-02-28
bona-vacantia-company
restoration · BONA
2025-02-26