RESIDUAL SECURITIES LIMITED

💤Zombieactive
SC531284 · ltd · incorporated 2016-03-31
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 Mar 2025
Net worth
£11.1k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Financial intermediation not elsewhere classified
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 70-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -67% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (82/100)

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
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
10 connected companies via shared directors
75
Filing history
23 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 · accounting standard not declared
Positive net assets
Net assets £11,085
Net assets shrinking
Down £26,116 YoY
Cash draining
Cash down 67% YoY
Cash YoY
-67%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£12k
↓ 67% YoY
Net Worth
£11k
↓ 70% YoY
Current Assets
£12k
↓ 68% YoY
Current Liabilities
£0£8k£15k£23k£30k£38kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£11.1k£37.2k
Current assets£12.1k£38.1k
Cash£12.1k£36.9k
Debtors£1.1k
Net assets£11.1k£37.2k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-02-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2019-02-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2019-02-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2018-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-03-31
    🏢
    Company incorporated
    As RESIDUAL SECURITIES LIMITED
  14. 2016-03-31
    MCGOWAN, Robert appointed
    director
  15. 2016-03-31
    📄
    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 70 — succession pressure is live.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

80/100
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 70 years old. Natural succession window is now.
  • 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert Mcgowan
Individual · British · DOB 08/1956 · age 70
75100%
75-100% shares06/04/2016

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 · Financial services · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
PEGASUS MORTGAGE LTD
SC643111 · est 2019 · no financials extracted
6y
PLAN IT AND PROSPER LTD
SC866683 · est 2025 · no financials extracted
PROPERTY LAW CENTRE LIMITED
SC348791 · est 2008 · no financials extracted
17y
PROSPER SOCIAL FINANCE CIC
SC588686 · est 2018 · no financials extracted
8y
RAUDS MORTGAGE SOLUTIONS LTD
SC753447 · est 2022 · no financials extracted
3y
RBK GROUP LTD
SC726876 · est 2022 · no financials extracted
4y
RBK WEALTH MANAGEMENT LTD
SC194146 · est 1999 · no financials extracted
27y
RBS COLLECTIVE INVESTMENT FUNDS LIMITED
SC046694 · est 1969 · no financials extracted
56y
RENTON WEALTH MANAGEMENT LTD
SC666842 · est 2020 · no financials extracted
5y
REPEL LTD
SC689351 · est 2021 · no financials extracted
5y
RHUFAADA LIMITED
SC827129 · est 2024 · no financials extracted
1y
RIA CAPITAL MARKETS LIMITED
SC226461 · est 2001 · no financials extracted
24y
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
Incorporated2016-03-31
Jurisdictionscotland
Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

7/7 Tipperlinn Road
Edinburgh
EH10 5ET
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-13
Last: 2026-03-30

Officers (1 active · 0 resigned)

MCGOWAN, Robert
director · ~70y · appointed 2016-03-31
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-03