WILMAC COMPETENCE SERVICES LIMITED

💤Zombieactive
SC493490 · ltd · incorporated 2014-12-16
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 Dec 2023
Net worth
book net assets
Opportunity
59/100
Worth a look
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 45/100. Strong seller-intent signal (63/100, director aged 74). 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). Current lenders should be on monthly review.

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
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
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
59/100Worth 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
70
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31
Average employees100

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2026-04-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-03-10
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  3. 2024-02-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-06-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-02-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-07-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2016-07-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-01-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2014-12-16
    🏢
    Company incorporated
    As WILMAC COMPETENCE SERVICES LIMITED
  14. 2014-12-16
    MACFARLANE, William appointed
    director
  15. 2014-12-16
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 74 — succession pressure is live.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
  • 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: 2025-12-31

Confirmation statement overdue
high

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

Evidence: Next due: 2025-12-30

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William Macfarlane
Individual · British · DOB 02/1952 · age 74
75100%
75-100% shares16/12/2016

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

11 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.

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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.

Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2014-12-16
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

17 Flowerhill Street
Airdrie
Lanarkshire
ML6 6AP

Filing status

Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2025-12-30OVERDUE
Last: 2024-12-16

Officers (1 active · 0 resigned)

MACFARLANE, William
director · ~74y · appointed 2014-12-16
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-21
change-account-reference-date-company-current-extended
accounts · AA01
2025-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-19