JOHNSTON PIPE SOLUTIONS LIMITED

💤Zombieactive
SC585879 · ltd · incorporated 2018-01-16
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 Jan 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company 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: 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
2 officers (1 active, 2 linked, 2 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
27 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Average employees1100

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-09-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2023-07-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-09-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-07-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-07-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-07-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-09-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-08-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2020-07-25
    JOHNSTON, Gillian Sarah resigned
    director
  14. 2020-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-01-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2019-12-17
    📄
    capital-allotment-shares
    capital · SH01
  17. 2019-11-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-11-01
    JOHNSTON, Gillian Sarah appointed
    director
  19. 2019-09-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2019-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-01-16
    🏢
    Company incorporated
    As JOHNSTON PIPE SOLUTIONS LIMITED
  22. 2018-01-16
    JOHNSTON, David appointed
    director

Owner dependency

90/100
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 name in company name: Company name contains director surname "JOHNSTON" — strong identity link between founder and business.

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 David Johnston
Individual · British · DOB 12/1985 · age 41
75100%
75-100% shares16/01/2018

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
Incorporated2018-01-16
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Stannergate House 41 Dundee Road West
Broughty Ferry
Dundee
DD5 1NB
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15

Officers (1 active · 1 resigned)

JOHNSTON, David
director · ~41y · appointed 2018-01-16
View their other companies + combined net worth →
Active
JOHNSTON, Gillian Sarah
director · ~38y · appointed 2019-11-01 · resigned 2020-07-25
Resigned

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

Recent filings (27 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-18
change-person-director-company-with-change-date
officers · CH01
2023-07-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-28
change-person-director-company-with-change-date
officers · CH01
2022-07-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-29