EDINBURGH LIFESTYLE LTD

💤Zombieactive
SC588863 · ltd · incorporated 2018-02-15
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 Feb 2025
Net worth
£-104.9k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Fitness facilities
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 70/100 (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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (79/100)

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
3 officers (2 active, 3 linked, 2 with DOB)
83
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
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £104,865

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£105k
~ YoY
Current Assets
Current Liabilities
-£105k-£64k-£23k£18k£59k£100kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-28
Total assets£-104.9k£-104.9k
Current assets£100.4k
Cash£99.9k
Debtors£480
Net assets£-104.9k£-104.9k

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-05-20
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2022-07-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2021-09-06
    LYONS, Jessica resigned
    director
  10. 2021-09-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-09-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-09-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-08-31
    LYONS, Jessica appointed
    director
  14. 2021-07-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2020-10-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2020-06-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2019-11-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2019-09-17
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2019-06-05
    JAMIESON, Barbara Jane appointed
    secretary
  20. 2019-06-05
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  21. 2019-06-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2018-02-15
    🏢
    Company incorporated
    As EDINBURGH LIFESTYLE LTD
  23. 2018-02-15
    NEILAN, Alex 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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-05-20: certificate-change-of-name-company

Group structure

Sustainable Change Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Sustainable Change Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
EDINBURGH LIFESTYLE LTD
This company · SC588863

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Sustainable Change Holdings Ltd
Corporate entity
75100%
75-100% shares28/07/2022
Mr Alex Neilan
Individual · Irish · DOB 11/1987 · age 39
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/02/2018

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
Incorporated2018-02-15
Jurisdictionscotland
Primary SIC93130 — Fitness facilities

Registered office

Clyde Offices 2nd Floor
48 West George Street
Glasgow
G2 1BP
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-29
Last: 2026-01-15

Officers (2 active · 1 resigned)

JAMIESON, Barbara Jane
secretary · appointed 2019-06-05
View their other companies + combined net worth →
Active
NEILAN, Alex
director · ~39y · appointed 2018-02-15
View their other companies + combined net worth →
Active
LYONS, Jessica
director · ~33y · appointed 2021-08-31 · resigned 2021-09-06
Resigned

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

Recent filings (29 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-23
certificate-change-of-name-company
change-of-name · CERTNM
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-07-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-21
termination-director-company-with-name-termination-date
officers · TM01
2021-09-06
appoint-person-director-company-with-name-date
officers · AP01
2021-09-06