FIRSTBASE (ABERDEEN) LTD
🏛️Establishedactive
SC586580 · ltd · incorporated 2018-01-23
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2024
Net worth
—
book net assets
Opportunity
63/100
Worth a look
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 60/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 1.0y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 1.0 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (72/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-01-31 |
|---|---|
| Average employees | 1700 |
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
1
filing
- • 1 officers
Last 90 days
2
filings
- • 1 officers
- • 1 address
Last 180 days
2
filings
- • 1 officers
- • 1 address
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-04-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-03-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-23➖SHAH, Pritesh resigneddirector
- 2025-10-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-07-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2025-07-23📄accounts-with-accounts-type-smallaccounts · AA
- 2025-05-08📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-05-07🔒Charge registered #1Lender: Wilmington Trust, National Association (As Security Trustee)
- 2024-12-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-17➕DESMARAIS, Nicolas appointeddirector
- 2024-12-17➕LIU, Mark Mau-Kang appointeddirector
- 2024-12-17➖HERD, Christopher Lewis resigneddirector
- 2024-12-17➕SHAH, Pritesh appointeddirector
- 2024-12-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-02📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-16📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-09-30📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-09-30📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2022-09-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-03-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-01-31➖OHS SECRETARIES LIMITED resignedcorporate-secretary
- 2020-02-14➕OHS SECRETARIES LIMITED appointedcorporate-secretary
- 2018-01-23🏢Company incorporatedAs FIRSTBASE (ABERDEEN) LTD
- 2018-01-23➕HERD, Christopher Lewis appointeddirector
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-12-31
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Nicolas Jean Desmarais Individual · Canadian · DOB 09/1985 · age 41 | — | — | sig. influencesignificant influence | 17/12/2024 |
4 historic (ceased) PSCs
- Firstbase Inc.ceased 23/01/2022· 75-100% shares · 75-100% voting
- Chris Herdceased 17/12/2024· significant influence
- Mr Christopher Lewis Herdceased 31/12/2020· 50-75% shares · 50-75% voting · board control
- Mr James Bruce Wattceased 22/10/2019· 25-50% shares · 25-50% voting · board control
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 →Similar companies
Active · Trade services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FREELANCE EURO SERVICES (MMCCXVII) LIMITED→ SC307117 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| FREELANCE EURO SERVICES (MMCDLXV) LIMITED→ SC310403 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| FUSION OFFSHORE LTD→ SC399198 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| G A R & D LTD→ SC372242 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| G D PEST CONTROL LIMITED→ SC798796 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| G H C LEITH (PROPERTIES) LIMITED→ SC062662 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| GALBRAITH SITE MANAGEMENT SERVICES LIMITED→ SC570205 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| GARD U-LINE LTD→ SC721207 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| GARIOCH MASSAGE THERAPY LTD→ SC799991 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GARY MCNAMARA ENGINEERING SERVICES LTD.→ SC390007 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GB ESTIMATING SOLUTIONS LTD→ SC434407 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| GCF CONSULTANTS LIMITED→ SC649443 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2018-01-23
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.
Registered office
37 Albyn Place
Aberdeen
AB10 1YN
Scotland
Filing status
Accounts
Next due: 2025-12-31OVERDUE
Last made up to: 2024-01-31
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30
Officers (2 active · 3 resigned)
DESMARAIS, Nicolas→
Activedirector · ~41y · appointed 2024-12-17
View their other companies + combined net worth →
LIU, Mark Mau-Kang→
Activedirector · ~52y · appointed 2024-12-17
View their other companies + combined net worth →
OHS SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2020-02-14 · resigned 2022-01-31
HERD, Christopher Lewis→
Resigneddirector · ~36y · appointed 2018-01-23 · resigned 2024-12-17
SHAH, Pritesh→
Resigneddirector · ~57y · appointed 2024-12-17 · resigned 2026-01-23
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Wilmington Trust, National Association (As Security Trustee) | A registered charge | — | 07/05/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (52 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-04-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-01
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-07-24
accounts-with-accounts-type-small
accounts · AA
2025-07-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-08
appoint-person-director-company-with-name-date
officers · AP01
2024-12-18
appoint-person-director-company-with-name-date
officers · AP01
2024-12-18
appoint-person-director-company-with-name-date
officers · AP01
2024-12-18
termination-director-company-with-name-termination-date
officers · TM01
2024-12-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-04
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-25