OLIVES CARNOUSTIE LTD

💤Zombieactive
SC555583 · ltd · incorporated 2017-01-25
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
—
book net assets
Opportunity
72/100
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 47760
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. 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).

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
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red 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
—
£0£0£0£0£0£0Mar 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
Average employees300300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2020-01-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2020-01-29
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  10. 2019-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-11-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2019-11-21
    ➖
    BIRDSALL, Kerry resigned
    director
  13. 2018-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-08-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2017-08-28
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  16. 2017-08-25
    ➕
    BIRDSALL, Kerry appointed
    director
  17. 2017-08-25
    ➖
    GRAY, Jacqueline Patricia resigned
    director
  18. 2017-08-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2017-02-09
    ➖
    FRANCO, James Scott Sa resigned
    director
  20. 2017-01-25
    🏢
    Company incorporated
    As OLIVES CARNOUSTIE LTD
  21. 2017-01-25
    ➕
    WALLACE, Lynda Ann appointed
    director
  22. 2017-01-25
    ➕
    FRANCO, James Scott Sa appointed
    director
  23. 2017-01-25
    ➕
    GRAY, Jacqueline Patricia appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material 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 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Lynda Ann Wallace
Individual · British · DOB 01/1971 · age 55
25–50%
25–50%25-50% shares · 25-50% voting21/11/2019
Mr Nigel Wallace
Individual · British · DOB 11/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting21/11/2019

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Retail · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DIRECT SOCCER LIMITED→
SC331369 · est 2007
£3.48M
£2.61M–£4.35M
——390018y8266y
GILLIES OF BROUGHTY FERRY LIMITED→
SC026803 · est 1949
£3.30M
£2.48M–£4.13M
——20077y8373y
BRECHIN CASTLE CENTRE LIMITED→
SC154663 · est 1994
——£1.79M—31y8378y
A. KELLY LIMITED→
SC081337 · est 1982
———160043y8274y
ANDERSON BUTCHERS LIMITED→
SC268128 · est 2004
———220021y8268y
BAG SUPPLIES (FIBC) LTD.→
SC222749 · est 2001
——£195.0k—24y8277y
COLIN M SMITH LIMITED→
SC094396 · est 1985
———210040y8271y
DUNRIC LIMITED→
SC175641 · est 1997
———20028y8273y
GARDEN FURNITURE SCOTLAND LIMITED→
SC306261 · est 2006
——£463.3k—19y8259y
HAYAT BROTHERS LTD→
SC355228 · est 2009
——£578.5k—17y8274y
STREAMTEC LIMITED→
SC250150 · est 2003 · no financials extracted
————22y——
THE SQUARIE NEWSAGENT LIMITED→
SC465469 · est 2013 · no financials extracted
————12y——
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
Incorporated2017-01-25
Jurisdictionscotland
Primary SIC47760 — SIC 47760

Registered office

84 High Street
Carnoustie
DD7 6AE
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-19
Last: 2026-02-05

Officers (1 active · 3 resigned)

WALLACE, Lynda Ann→
director · ~55y · appointed 2017-01-25
View their other companies + combined net worth →
Active
BIRDSALL, Kerry→
director · ~50y · appointed 2017-08-25 · resigned 2019-11-21
Resigned
FRANCO, James Scott Sa→
director · ~39y · appointed 2017-01-25 · resigned 2017-02-09
Resigned
GRAY, Jacqueline Patricia→
director · ~56y · appointed 2017-01-25 · resigned 2017-08-25
Resigned

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

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-01-30