PROCAST RESOURCES LTD.

💤Zombieactive
SC558588 · ltd · incorporated 2017-02-24
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
£8.9k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (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: high (80/100)

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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
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 £8,873
Very low cash
Cash position: £2

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2
Net Worth
£9k
↑ 8773% YoY
Current Assets
£681k
Current Liabilities
£0£136k£272k£409k£545k£681kMar 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£9.1k£100
Current assets£681.1k
Cash£2
Debtors£681.1k
Net assets£8.9k£100

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
2
filings
  • 2 persons-with-significant-control
Last 90 days
2
filings
  • 2 persons-with-significant-control
Last 180 days
3
filings
  • 2 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-05-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-05-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-04-09
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  6. 2023-12-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-01-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2023-01-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-12-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-12-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-11-16
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2020-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-11-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-11-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2018-05-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2017-02-24
    🏢
    Company incorporated
    As PROCAST RESOURCES LTD.
  17. 2017-02-24
    INNES, Derek David appointed
    director
  18. 2017-02-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 9 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

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
Derek David Innes
Individual · British · DOB 01/1980 · age 46
5075%
50–75%50-75% shares · 50-75% voting24/02/2017
Mrs Lisa Marie Innes
Individual · British · DOB 04/1982 · age 44
2550%
25–50%25-50% shares · 25-50% voting29/04/2026

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 →

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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
Incorporated2017-02-24
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

Procast
4 Alness Street
Hamilton
ML3 6RU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15

Officers (1 active · 0 resigned)

INNES, Derek David
director · ~46y · appointed 2017-02-24
View their other companies + combined net worth →
Active

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

Recent filings (25 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-24
certificate-change-of-name-company
change-of-name · CERTNM
2024-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-dormant
accounts · AA
2023-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-24
accounts-with-accounts-type-dormant
accounts · AA
2023-01-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-28
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-12-15