SHARK FIRE & SECURITY LIMITED

💤Zombieactive
SC562014 · ltd · incorporated 2017-03-30
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2023
Net worth
£491
book net assets
Opportunity
53/100
Worth a look
🔔
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What this business does
Primary activity: Security systems service activities
Sector: Administrative & support services
Investor take
Special-situation opportunity
Distressed trade-services with salvageable qualities — special-situations priority.

Opportunity 53/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
46
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £491
Net assets shrinking
Down £2,785 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
Net Worth
£491
↓ 85% YoY
Current Assets
—
Current Liabilities
—
£0£655£1k£2k£3k£3kMar 2022Mar 2023

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2023-03-312022-03-31
Cash£1.3k£0
Net assets£491£3.3k

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

🔒Filing-note intelligence

3 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-08-28
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  2. 2025-08-28
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  3. 2024-02-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-02-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-02-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-12-15
    ➖
    CONNELLY, Ross Thomas resigned
    director
  9. 2022-10-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-08-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2022-08-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2022-07-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-07-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2022-06-21
    ➕
    CONNELLY, Ross Thomas appointed
    director
  15. 2021-06-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2020-02-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2020-02-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2017-03-30
    🏢
    Company incorporated
    As SHARK FIRE & SECURITY LIMITED
  22. 2017-03-30
    ➕
    CONNELLY, Ryan Paul 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

2 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-08

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ryan Paul Connelly
Individual · Scottish · DOB 11/1993 · age 33
75–100%
75–100%board control75-100% shares · 75-100% voting · board control30/03/2017
1 historic (ceased) PSC
  • Mr Ross Thomas Connellyceased 15/12/2022· 25-50% shares · 25-50% voting

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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——2979y8483y
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——020y8760y
GLASGOW HEALTHCARE FACILITIES (HOLDINGS) LIMITED→
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——020y8760y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2017-03-30
Jurisdictionscotland
Primary SIC80200 — Security systems service activities

Registered office

SC562014 - COMPANIES HOUSE DEFAULT ADDRESS
Edinburgh
EH7 9HR

Filing status

Accounts
Next due: 2025-03-31OVERDUE
Last made up to: 2023-03-31
Confirmation statement
Next due: 2026-04-08OVERDUE
Last: 2025-03-25

Officers (1 active · 1 resigned)

CONNELLY, Ryan Paul→
director · ~33y · appointed 2017-03-30
View their other companies + combined net worth →
Active
CONNELLY, Ross Thomas→
director · ~39y · appointed 2022-06-21 · resigned 2022-12-15
Resigned

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

Recent filings (27 total)

default-companies-house-service-address-applied-officer
address · RP09
2025-08-28
default-companies-house-registered-office-address-applied
address · RP05
2025-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-06
termination-director-company-with-name-termination-date
officers · TM01
2023-02-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-06
appoint-person-director-company-with-name-date
officers · AP01
2022-10-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-08-24
change-person-director-company-with-change-date
officers · CH01
2022-07-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-07