SKP SOUND DESIGN LTD

💤Zombieactive

SC608276 · ltd · incorporated 2018-09-18

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 Sept 2025

Net worth

£5

book net assets

Opportunity

71/100

Strong

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What this business does

Primary activity: Business and domestic software development

Sector: Information & communication

ALSO REGISTERED FOR

90030Artistic creation

Investor take

Pursue

Strong opportunity: asset-holding vehicle 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: strategic trade sale (65/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 1 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

20 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £5

Net assets shrinking

Down £1,347 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£5

↓ 100% YoY

Current Assets

£5

↓ 100% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-09-30	2024-09-30
Total assets	£5	£1.4k
Current assets	£5	£1.4k
Net assets	£5	£1.4k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (16 events)Click to expand

2025-10-18
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-18
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-18
📄
change-person-secretary-company-with-change-date
officers · CH03
2025-10-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-22
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-10-22
📄
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2020-10-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-18
🏢
Company incorporated
As SKP SOUND DESIGN LTD
2018-09-18
➕
BAXTER, Nicholas Jon appointed
secretary
2018-09-18
➕
BAXTER, Nicholas Jon appointed
director
2018-09-18
📄
incorporation-company
incorporation · NEWINC

Owner dependency

80/100

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.
+No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Nicholas Jon Baxter Individual · British · DOB 10/1980 · age 46	75–100%	—	75-100% shares	01/10/2018

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 →

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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.

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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.

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Company details

Statusactive

Typeltd

Incorporated2018-09-18

Jurisdictionscotland

Primary SIC62012 — Business and domestic software development

Registered office

9 Maryton

Newport-On-Tay

DD6 8BW

Scotland

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-09-24

Last: 2025-09-10

Officers (2 active · 0 resigned)

BAXTER, Nicholas Jon→

secretary · appointed 2018-09-18

View their other companies + combined net worth →

Active

BAXTER, Nicholas Jon→

director · ~46y · appointed 2018-09-18

View their other companies + combined net worth →

Active

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

Recent filings (20 total)

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-10-18

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

officers · CH01

2025-10-18

change-person-secretary-company-with-change-date

officers · CH03

2025-10-18