EMMA ROY LTD

💤Zombieactive
SC577397 · ltd · incorporated 2017-09-27
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 Sept 2024
Net worth
£-230.3k
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 80/100. 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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 7.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
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
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £230,340
Cash YoY
+198%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↑ 198% YoY
Net Worth
-£230k
~ YoY
Current Assets
£45k
↓ 60% YoY
Current Liabilities
-£230k-£161k-£92k-£23k£46k£115kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£-139.9k£-121.0k
Current assets£45.4k£114.6k
Cash£2.1k£719
Debtors£6.8k£2.2k
Net assets£-230.3k£-230.3k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-19
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2024-09-13
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2024-08-27
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-02-25
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  10. 2020-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-06-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-05-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2019-05-08
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  14. 2017-09-27
    🏢
    Company incorporated
    As EMMA ROY LTD
  15. 2017-09-27
    ELDER, Barrie appointed
    director
  16. 2017-09-27
    📄
    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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Barrie Elder
Individual · British · DOB 01/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control27/09/2017

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

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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
Incorporated2017-09-27
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

58 Long Lane
Broughty Ferry
Dundee
DD5 1HH
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-10
Last: 2025-09-26

Officers (1 active · 0 resigned)

ELDER, Barrie
director · ~47y · appointed 2017-09-27
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge08/05/2019
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-03
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-18
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-09-13
gazette-notice-compulsory
gazette · GAZ1
2024-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2021-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-26