KITE GROUP LIMITED
💤Zombieactive
SC511445 · ltd · incorporated 2015-07-23
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 2024
Net worth
£804.3k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Wholesale of other machinery and equipment
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 10.2y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 10.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 6 total, 6 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £804,310
Cash YoY
+28%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£187k
↑ 28% YoY
Net Worth
£804k
↑ 11% YoY
Current Assets
£1.6m
↑ 14% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £804.3k | £722.0k |
| Current assets | £1.57M | £1.38M |
| Cash | £187.2k | £146.1k |
| Debtors | £947.2k | £772.5k |
| Net assets | £804.3k | £722.0k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
- 2025-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-19📄resolutionresolution · RESOLUTIONS
- 2024-04-19📄resolutionresolution · RESOLUTIONS
- 2024-03-22📄memorandum-articlesincorporation · MA
- 2024-02-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-31➕PATERSON, Roger David appointeddirector
- 2024-01-31➖COLDRICK, Susan resignedsecretary
- 2024-01-31➖HOLMES, Michelle resignedsecretary
- 2024-01-31➖COLDRICK, Keith resigneddirector
- 2024-01-31➖HOLMES, Jeremy resigneddirector
- 2024-01-31➖WELLS, Anthony James resigneddirector
- 2024-01-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-01-31📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-01-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-31📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-31📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-31📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-01-31📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-01-19🔓Charge satisfied #1
- 2023-09-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-01-11📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-18➖SHIMWELL, Michael resigneddirector
- 2020-12-18➕WELLS, Anthony James appointeddirector
- 2017-10-30➕HOLMES, Michelle appointedsecretary
- 2016-02-03🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2016-01-20➕COLDRICK, Susan appointedsecretary
- 2015-07-23🏢Company incorporatedAs KITE GROUP LIMITED
- 2015-07-23➕COLDRICK, Keith appointeddirector
- 2015-07-23➕HOLMES, Jeremy appointeddirector
- 2015-07-23➕SHIMWELL, Michael appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
45/100
Moderate signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️significant stake
Cammo Investments Limited
Corporate parent · holds 25-50% shares
🏛️significant stake
Streamline Global Limited
Corporate parent · holds 25-50% shares
⬇
KITE GROUP LIMITED
This company · SC511445
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Cammo Investments Limited Corporate entity | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 31/01/2024 |
Streamline Global Limited Corporate entity | 25–50% | — | 25-50% shares | 31/01/2024 |
4 historic (ceased) PSCs
- Cld Group Holdings Limitedceased 31/01/2024· 25-50% shares · 25-50% voting
- Mr Jeremy Holmesceased 31/01/2024· significant influence
- Mr Keith Coldrickceased 31/01/2024· significant influence
- Mr Michael Shimwellceased 18/12/2020· 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 |
|---|---|---|---|---|---|---|---|
| OUT OF CONTROL LTD→ SC833087 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| OZAZALINA LIMITED→ SC871757 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| P.M. RANALDI (FISH MERCHANTS) LIMITED→ SC044164 · est 1966 · no financials extracted | — | — | — | — | 59y | — | — |
| PARAGON PRODUCTS (UK) LIMITED→ SC112318 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| PARENTEASE INNOVATIONS LTD→ SC781728 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| PEATREEKERS LIMITED→ SC556157 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| PEGASUS WINDOW FILMS LTD→ SC639631 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| PENDULUM SPIRITS LIMITED→ SC655093 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| PENNOSAN LIMITED→ SC617446 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| PENTLAND PLANTS LIMITED→ SC259669 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| PHARAOH LINEN SCOT LIMITED→ SC467483 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| PHLOX CHEMICALS LIMITED→ SC848572 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2015-07-23
Jurisdictionscotland
Primary SIC46690 — Wholesale of other machinery and equipment
Registered office
19 Bankhead Drive
Sighthill Industrial Estate
Edinburgh
EH11 4DW
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-31
Last: 2026-03-17
Officers (1 active · 6 resigned)
PATERSON, Roger David→
Activedirector · ~53y · appointed 2024-01-31
View their other companies + combined net worth →
COLDRICK, Susan→
Resignedsecretary · appointed 2016-01-20 · resigned 2024-01-31
HOLMES, Michelle→
Resignedsecretary · appointed 2017-10-30 · resigned 2024-01-31
COLDRICK, Keith→
Resigneddirector · ~76y · appointed 2015-07-23 · resigned 2024-01-31
HOLMES, Jeremy→
Resigneddirector · ~50y · appointed 2015-07-23 · resigned 2024-01-31
SHIMWELL, Michael→
Resigneddirector · ~53y · appointed 2015-07-23 · resigned 2020-12-18
WELLS, Anthony James→
Resigneddirector · ~63y · appointed 2020-12-18 · resigned 2024-01-31
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 03/02/2016 | 19/01/2024 |
Recent filings (56 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
resolution
resolution · RESOLUTIONS
2024-04-19
resolution
resolution · RESOLUTIONS
2024-04-19
memorandum-articles
incorporation · MA
2024-03-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-31
termination-director-company-with-name-termination-date
officers · TM01
2024-01-31
termination-director-company-with-name-termination-date
officers · TM01
2024-01-31
termination-director-company-with-name-termination-date
officers · TM01
2024-01-31
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-31