LAUNDRY (SCOTLAND) LIMITED

💤Zombieactive
SC546964 · ltd · incorporated 2016-10-05
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 Oct 2024
Net worth
£28.4k
book net assets
Opportunity
76/100
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: Washing and (dry-)cleaning of textile and fur products
Sector: Other service activities
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 71). 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: high (81/100)

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
7 connected companies via shared directors
66
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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 105 (micro)
Positive net assets
Net assets £28,402
Net assets shrinking
Down £497 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£28k
↓ 1.7% YoY
Current Assets
£51k
↓ 8.2% YoY
Current Liabilities
£0£11k£22k£33k£45k£56kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£66.4k£73.0k
Current assets£51.1k£55.6k
Cash£1.5k
Debtors£54.2k
Net assets£28.4k£28.9k

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
4
filings
  • 2 gazette
  • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-01-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-01-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-10-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2025-10-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2025-01-14
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  6. 2024-12-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2024-08-10
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2024-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-04-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2022-10-07
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  13. 2022-09-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  14. 2021-11-26
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  15. 2021-11-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-11-06
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  17. 2021-09-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2020-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2016-10-05
    🏢
    Company incorporated
    As LAUNDRY (SCOTLAND) LIMITED
  20. 2016-10-05
    BUCHANAN, Helen 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 age: Director aged approximately 71 — 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

75/100
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 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
Miss Helen Buchanan
Individual · British · DOB 03/1955 · age 71
75100%
75–100%sig. influence75-100% shares · 75-100% voting · significant influence05/10/2016

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 · Trade services · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CITY GATE CONSTRUCTION (SCOTLAND) LIMITED
SC244614 · est 2003
£12.48M
£9.36M£15.60M
19423y8863y
BRAID GROUP (HOLDINGS) LIMITED
SC299361 · est 2006
£2.98M
£2.24M£3.73M
20020y9359y
IMPERIAL LAUNDRY LIMITED
SC466704 · est 2014
£86.3k
£64.7k£107.8k
£126.9k10012y9466y
GLENGARRY AND DISTRICT COMMUNITY ASSOCIATION
SC267949 · est 2004 · no financials extracted
21y8390y
MOBILE GRITTING SERVICES LIMITED
SC378297 · est 2010
£701.6k15y8361y
RIVERSIDE INVERCLYDE (PROPERTY HOLDINGS) LIMITED
SC331360 · est 2007 · no financials extracted
18y8368y
SALON ALTERNATIVES LTD.
SC367809 · est 2009
£483.9k16y8369y
STERLING HYDROKLEAR LIMITED
SC321932 · est 2007
019y8381y
ARDORAN MARINE LIMITED
SC290011 · est 2005
£455.9k20y8279y
CUT AND DRY (RENFREW) LIMITED
SC080545 · est 1982
£27.6k43y8274y
EXCEL ENVIRONMENTAL SERVICES LTD.
SC292026 · est 2005
£176.8k20y8264y
GLYCOMAR LIMITED
SC279835 · est 2005
121y8279y
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
Incorporated2016-10-05
Jurisdictionscotland
Primary SIC96010 — Washing and (dry-)cleaning of textile and fur products

Registered office

Unit 4 Number 53 Love Street
Paisley
PA3 2DZ
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-18
Last: 2025-10-04

Officers (1 active · 0 resigned)

BUCHANAN, Helen
director · ~71y · appointed 2016-10-05
View their other companies + combined net worth →
Active

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

Recent filings (33 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-28
gazette-notice-compulsory
gazette · GAZ1
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-25
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-24
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-01-14
gazette-notice-compulsory
gazette · GAZ1
2024-12-24
gazette-filings-brought-up-to-date
gazette · DISS40
2024-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-30