EXSURGO REHAB LIMITED

💤Zombieactive

SC597953 · ltd · incorporated 2018-05-23

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 opening · high confidence

More negotiable than before — 3 signals weakening over the last 30 days.

· Hygiene score: 50 → 30
· Opportunity score: 66 → 58
· Bankability: 55 → 45

Opportunity decay

softening · 6-months

Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.

· 3 recent signals weakening vs 0 strengthening

What changed my view

Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

↓Opportunity score: 66 → 58
↓Hygiene score: 50 → 30
↓Bankability: 55 → 45

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 2024

Net worth

—

book net assets

Opportunity

58/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 32500

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 58/100 (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 (53/100). Current lenders should be on monthly review.

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

Lenders & charges

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

27 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

58/100Worth a look

PassWatchWorth a lookStrongExceptional

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

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-03-31

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

Recent activity

Last 30 days

filing

• 1 gazette

Last 90 days

filings

• 2 gazette

Last 180 days

filings

• 2 gazette

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2026-06-22
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2026-05-26
📄
gazette-notice-compulsory
gazette · GAZ1
2025-07-04
📄
change-person-director-company-with-change-date
officers · CH01
2025-06-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-02-29
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2024-02-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-11-16
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-11-16
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-02-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-23
📄
resolution
resolution · RESOLUTIONS
2022-09-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-09-22
📄
administrative-restoration-company
restoration · RT01
2022-07-12
📄
gazette-dissolved-compulsory
gazette · GAZ2
2022-04-26
📄
gazette-notice-compulsory
gazette · GAZ1
2021-04-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-05-13
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-05-23
🏢
Company incorporated
As EXSURGO REHAB LIMITED
2018-05-23
➕
LITTLE, Richard appointed
director

Owner dependency

88/100

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.
+Senior director age: Director aged approximately 60 — approaching natural succession window.
+No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

55/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

2 high ·

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: 2026-03-31

Confirmation statement overdue

high

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

Evidence: Next due: 2026-06-05

Group structure

Exsurgo Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Exsurgo Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

EXSURGO REHAB LIMITED

This company · SC597953

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Exsurgo Limited Corporate entity	75–100%	—	75-100% shares	15/11/2023

1 historic (ceased) PSC

Mr Richard Littleceased 15/11/2023· 75-100% shares · 75-100% 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 →

Similar companies

Active · Manufacturing · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LINN PRODUCTS LIMITED→ SC052366 · est 1973	£7.07M £5.50M–£8.65M	—	—	170	53y	85	80y
CALEDONIAN PLYWOOD COMPANY LTD.→ SC195444 · est 1999	£6.46M £5.02M–£7.89M	—	—	8100	27y	85	72y
PITREAVIE PACKAGING LIMITED→ SC290452 · est 2005	£4.66M £3.63M–£5.70M	£24.98M	—	15700	20y	84	70y
PCT GROUP SALES LIMITED→ SC075642 · est 1981	£3.56M £2.77M–£4.35M	—	—	77	44y	85	83y
PROMAT BD LIMITED→ SC208370 · est 2000	£3.41M £2.65M–£4.17M	—	—	8500	26y	87	70y
KELVINSIDE ELECTRONICS LIMITED→ SC105407 · est 1987	£3.30M £2.57M–£4.03M	—	—	57	39y	84	65y
SAMTEC (EUROPE) LIMITED→ SC096674 · est 1986	£2.93M £2.28M–£3.59M	—	—	27	40y	85	65y
THOMAS TUNNOCK LIMITED→ SC028747 · est 1952	£2.26M £1.76M–£2.76M	—	—	653	74y	85	93y
SOAPWORKS LIMITED→ SC388292 · est 2010	£817.8k £636.1k–£999.6k	£11.53M	—	10300	15y	84	62y
WALKI LIMITED→ SC014320 · est 1926	£439.3k £341.7k–£536.9k	—	—	35	99y	94	61y
LINIAN SUPPLY CO. LIMITED→ SC246119 · est 2003	—	—	—	1400	23y	88	66y
ABBA BLINDS LIMITED→ SC089820 · est 1984	—	—	£475.9k	—	41y	83	70y

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

Incorporated2018-05-23

Jurisdictionscotland

Primary SIC32500 — SIC 32500

Registered office

C/O Aab Business & Tax Advisory Llp

133 Finnieston Street

Glasgow

G3 8HB

Scotland

Filing status

Accounts

Next due: 2026-03-31OVERDUE

Last made up to: 2024-03-31

Confirmation statement

Next due: 2026-06-05OVERDUE

Last: 2025-05-22

Officers (1 active · 0 resigned)

LITTLE, Richard→

director · ~60y · appointed 2018-05-23

View their other companies + combined net worth →

Active

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

Recent filings (27 total)

gazette-filings-brought-up-to-date

gazette · DISS40

2026-06-22

gazette-notice-compulsory

gazette · GAZ1

2026-05-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-07-05

change-person-director-company-with-change-date

officers · CH01

2025-07-04

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-06-04

accounts-with-accounts-type-dormant

accounts · AA

2024-12-18

confirmation-statement-with-updates

confirmation-statement · CS01

2024-05-28

change-account-reference-date-company-current-shortened

accounts · AA01

2024-02-29

accounts-with-accounts-type-dormant

accounts · AA

2024-02-28

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2023-11-16

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2023-11-16

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-09-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-31

accounts-with-accounts-type-dormant

accounts · AA

2023-02-28

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-02-08