SIMPLY STORE-IT LTD

💤Zombieactive
SC607736 · ltd · incorporated 2018-09-10
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
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Turnover
year to Jan 2025
Net worth
£5.9k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 52103
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 79-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 79). 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 (73/100).

Data confidence

Overall: medium (75/100)

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
Confirmed no charges registered
85
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
10 connected companies via shared directors
75
Filing history
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £5,887

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£6k
Current Assets
£301
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-31
Total assets£5.4k
Current assets£301
Net assets£5.9k

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

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 (14 events)Click to expand
  1. 2025-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-08-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-04-01
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2024-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-05-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-04-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2022-04-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-02-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2020-01-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2018-09-10
    🏢
    Company incorporated
    As SIMPLY STORE-IT LTD
  13. 2018-09-10
    LAING, Ian Henry appointed
    director
  14. 2018-09-10
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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 age: Director aged approximately 79 — succession pressure is live.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • 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 Ian Henry Laing
Individual · British · DOB 04/1947 · age 79
75100%
75–100%75-100% shares · 75-100% voting10/09/2018

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

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.

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Company details

Statusactive
Typeltd
Incorporated2018-09-10
Jurisdictionscotland
Primary SIC52103 — SIC 52103

Registered office

Cuilfail
St James Place
Inverurie
Aberdeenshire
AB51 3UB
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09

Officers (1 active · 0 resigned)

LAING, Ian Henry
director · ~79y · appointed 2018-09-10
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-07
change-account-reference-date-company-previous-extended
accounts · AA01
2025-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-29
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-04-14
change-person-director-company-with-change-date
officers · CH01
2022-04-14
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-09-09