EVOLVED PYROTECHNICS UK LIMITED

💤Zombieactive

SC494648 · ltd · incorporated 2015-01-09

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 Jan 2025

Net worth

—

book net assets

Opportunity

74/100

Strong

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What this business does

Primary activity: Wholesale of other machinery and equipment

Sector: Wholesale & retail

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

35 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-01-31	2024-01-31
Average employees	200	200

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

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-11-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-01
➖
KNOX, Michael resigned
director
2025-09-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-02
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-06
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-06
📄
change-person-director-company-with-change-date
officers · CH01
2020-02-06
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-02-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-04-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-06-27
📄
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2018-03-14
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-01-09
🏢
Company incorporated
As EVOLVED PYROTECHNICS UK LIMITED
2015-01-09
➕
ZHANG, Fan appointed
director
2015-01-09
➕
KNOX, Michael 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

50/100

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.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr. Fan Zhang Individual · Chinese · DOB 10/1973 · age 53	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	01/01/2018

1 historic (ceased) PSC

Mr Michael Knoxceased 01/01/2018· significant influence

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 →

Similar companies

Active · Wholesale & distribution · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
DART TECHNOLOGY SOLUTIONS LIMITED→ SC773731 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
DRAMFOOL LTD→ SC506602 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
DUNCAN STREET LIMITED→ SC790957 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
EDINBURGH CIDER COMPANY LTD.→ SC664374 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
ENETEC LIMITED→ SC566654 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
EZBORDER VENTURE LTD→ SC857895 · est 2025 · no financials extracted	—	—	—	—	—	—	—
F SOUNDS UK LIMITED→ SC658402 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
FINFLYING LTD→ SC879779 · est 2026 · no financials extracted	—	—	—	—	—	—	—
FINN THOMSON CONSULTANCY LIMITED→ SC620611 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
FIREGROUP LIMITED→ SC354835 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
FIREMAC FM BLUE LIMITED→ SC449574 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
FISHBROTHERS SEAFOODS LTD→ SC478433 · est 2014 · no financials extracted	—	—	—	—	11y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

7 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

Incorporated2015-01-09

Jurisdictionscotland

Primary SIC46690 — Wholesale of other machinery and equipment

Registered office

34 Scald Law Drive

Edinburgh

EH13 0FE

Scotland

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2026-12-04

Last: 2025-11-20

Officers (1 active · 1 resigned)

ZHANG, Fan→

director · ~53y · appointed 2015-01-09

View their other companies + combined net worth →

Active

KNOX, Michael→

director · ~64y · appointed 2015-01-09 · resigned 2025-10-01

Resigned

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

Recent filings (35 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-11-24

termination-director-company-with-name-termination-date

officers · TM01

2025-11-24

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-09-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-03

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-09-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-11-20

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-10-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-10-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-12-02

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-11-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-11-20

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2021-08-02

accounts-with-accounts-type-micro-entity

accounts · AA

2021-04-14

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-12-06

accounts-with-accounts-type-micro-entity

accounts · AA

2020-11-09