ARTHUR & SIMPSON LTD

💤Zombieactive
SC515695 · ltd · incorporated 2015-09-15
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 2022
Net worth
book net assets
Opportunity
63/100
Worth a look
🔔
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), 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 (38/100).

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
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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
-£37k-£28k-£20k-£11k-£2k£6kSept 2021Dec 2022

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2022-12-312021-09-30
Total assets£-2.5k
Current assets£6.2k
Net assets£-37.0k

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 gazette
Last 180 days
3
filings
  • 2 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-02-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2025-12-09
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2024-12-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2024-12-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-12-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2023-11-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2022-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-12-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2022-11-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2022-09-30
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  13. 2021-11-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2021-11-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2021-11-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2021-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2021-06-02
    📄
    capital-allotment-shares
    capital · SH01
  18. 2021-05-28
    📄
    memorandum-articles
    incorporation · MA
  19. 2021-05-28
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2015-09-15
    🏢
    Company incorporated
    As ARTHUR & SIMPSON LTD
  21. 2015-09-15
    ARTHUR, David Alexander appointed
    director

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 name in company name: Company name contains director surname "ARTHUR" — strong identity link between founder and business.
  • +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

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: 2024-09-30

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Stuart J Masterton Assocrics Ltd
Corporate parent · holds 25-50% shares
significant stake
🏛️
Whalsay Property Limited
Corporate parent · holds 25-50% shares
significant stake
ARTHUR & SIMPSON LTD
This company · SC515695

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Stuart J Masterton Assocrics Ltd
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting22/03/2021
Whalsay Property Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting22/03/2021
1 historic (ceased) PSC
  • Mr David Alexander Arthurceased 22/03/2021· 75-100% shares

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

9 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
Incorporated2015-09-15
Jurisdictionscotland
Primary SIC68310 — Real estate agencies

Registered office

68 Commercial Street
Lerwick
Shetland
ZE1 0DL
Scotland

Filing status

Accounts
Next due: 2024-09-30OVERDUE
Last made up to: 2022-12-31
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14

Officers (1 active · 0 resigned)

ARTHUR, David Alexander
director · ~33y · appointed 2015-09-15
View their other companies + combined net worth →
Active

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

Recent filings (43 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-28
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-01-14
gazette-notice-compulsory
gazette · GAZ1
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-14
gazette-notice-compulsory
gazette · GAZ1
2024-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
gazette-filings-brought-up-to-date
gazette · DISS40
2023-12-09
gazette-notice-compulsory
gazette · GAZ1
2023-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-22
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-08
gazette-notice-compulsory
gazette · GAZ1
2022-11-29
change-account-reference-date-company-current-extended
accounts · AA01
2022-09-30