ZTB SERVICES LIMITED
💤Zombieactive
SC515930 · ltd · incorporated 2015-09-18
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 Sept 2024
Net worth
£8.0k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other accommodation
Sector: Accommodation & food service
Investor take
PursueAsset-holding vehicle with a 68-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 68). 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 (73/100).
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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £8,010
Cash YoY
+0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£8k
~ YoY
Net Worth
£8k
~ YoY
Current Assets
£8k
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £8.0k | £8.0k |
| Current assets | £8.0k | £8.0k |
| Cash | £8.0k | £8.0k |
| Net assets | £8.0k | £8.0k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-09-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-11-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-19📄change-person-director-company-with-change-dateofficers · CH01
- 2021-08-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-08-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-04-30📄gazette-filings-brought-up-to-dategazette · DISS40
- 2021-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-06📄gazette-notice-compulsorygazette · GAZ1
- 2020-12-12📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-10-20📄gazette-notice-compulsorygazette · GAZ1
- 2019-07-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2015-09-18🏢Company incorporatedAs ZTB SERVICES LIMITED
- 2015-09-18➕BANDELAK, Zbigniew appointeddirector
Owner dependency
95/100
Critical — business is the founderThe 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 68 — 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
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Zbigniew Bandelak Individual · Polish · DOB 12/1958 · age 68 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Hospitality · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE BONHAM HOTEL EDINBURGH LIMITED→ SC118669 · est 1989 | £13.13M £9.85M–£16.41M | — | — | 65 | 36y | 83 | 69y |
| OMNI TAVERNS LTD.→ SC307655 · est 2006 | £2.84M £2.13M–£3.55M | — | — | 8600 | 19y | 87 | 60y |
| ADJUSTLIGHT LIMITED→ SC139599 · est 1992 · no financials extracted | — | — | — | — | 33y | 83 | 58y |
| ARCHERFIELD HOUSE HOTEL MANAGEMENT LIMITED→ SC272735 · est 2004 · no financials extracted | — | — | — | — | 21y | 83 | 79y |
| COURT HOTEL SUITES LIMITED→ SC373209 · est 2010 | — | — | £553.1k | — | 16y | 83 | 64y |
| DESTINATION EDINBURGH LIMITED→ SC357298 · est 2009 | — | — | £254.5k | — | 17y | 83 | 58y |
| ELITE HOTELS LIMITED→ SC103199 · est 1987 | — | — | — | 0 | 39y | 83 | 76y |
| J J BEAM LIMITED→ SC132477 · est 1991 | — | — | — | 18 | 34y | 83 | 74y |
| MORAG'S LODGES LIMITED→ SC192271 · est 1998 · no financials extracted | — | — | — | — | 27y | 83 | 61y |
| SALTIRE HOSPITALITY LIMITED→ SC208776 · est 2000 | — | — | — | 83 | 25y | 83 | 63y |
| SCOTS GUARDS ASSOCIATION CLUB, LIMITED→ SC013223 · est 1924 | — | — | — | 6 | 101y | 83 | 80y |
| STAY CITY APARTMENTS LTD.→ SC338588 · est 2008 · no financials extracted | — | — | — | — | 18y | 83 | 59y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2015-09-18
Jurisdictionscotland
Primary SIC55900 — Other accommodation
Registered office
5 South Charlotte Street
Edinburgh
EH2 4AN
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-07-08
Last: 2025-06-24
Officers (1 active · 0 resigned)
BANDELAK, Zbigniew→
Activedirector · ~68y · appointed 2015-09-18
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (36 total)
accounts-with-accounts-type-dormant
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-08
change-person-director-company-with-change-date
officers · CH01
2024-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-21
change-person-director-company-with-change-date
officers · CH01
2021-08-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-08-19