WM. RUSSELL GROUP LIMITED

💤Zombieactive
SC613135 · ltd · incorporated 2018-11-08
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 Aug 2025
Net worth
£245.6k
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (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: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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 (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
67/100Strong
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
69
Some moderate concerns — review 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 £245,642
Net assets shrinking
Down £2,033 YoY
Cash YoY
+11%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£110k
↑ 11% YoY
Net Worth
£246k
~ YoY
Current Assets
£247k
~ YoY
Current Liabilities
£0£50k£100k£150k£200k£249kAug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Total assets£245.6k£247.7k
Current assets£247.4k£249.4k
Cash£110.1k£99.4k
Debtors£137.3k£150.0k
Net assets£245.6k£247.7k

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
2
filings
  • 2 officers
Last 90 days
2
filings
  • 2 officers
Last 180 days
3
filings
  • 2 officers
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-04-28
    KAY, Leslie Bernard resigned
    director
  4. 2026-04-22
    KAY, Elizabeth Mary resigned
    director
  5. 2026-02-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  6. 2025-06-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2025-06-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-06-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2025-06-02
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  10. 2025-05-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-05-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2025-05-23
    KAY, Liam Leslie appointed
    director
  13. 2024-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2023-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-04-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-12-07
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  17. 2021-02-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-11-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2020-11-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2020-11-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2020-11-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2020-11-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  23. 2018-11-08
    🏢
    Company incorporated
    As WM. RUSSELL GROUP LIMITED
  24. 2018-11-08
    KAY, Elizabeth Mary appointed
    director
  25. 2018-11-08
    KAY, Leslie Bernard 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

2 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: KAY, Elizabeth Mary resigned 2026-04-22; KAY, Leslie Bernard resigned 2026-04-28

Name changed recently
medium

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

Evidence: 2025-06-02: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Liam Leslie Kay
Individual · British · DOB 04/1995 · age 31
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/06/2025
4 historic (ceased) PSCs
  • Mr Leslie Bernard Kayceased 01/06/2025· 50-75% shares · 50-75% voting
  • Mrs Elizabeth Mary Kayceased 01/06/2025· 25-50% shares · 25-50% voting
  • Mr Leslie Bernard Kayceased 11/12/2018· 50-75% shares · 50-75% voting
  • Mrs Elizabeth Mary Kayceased 11/12/2018· 25-50% shares · 25-50% 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 →

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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
Incorporated2018-11-08
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Lilliehill
Dunfermline
Fife
KY12 0TE
Scotland

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-06-16
Last: 2025-06-02

Officers (1 active · 2 resigned)

KAY, Liam Leslie
director · ~31y · appointed 2025-05-23
View their other companies + combined net worth →
Active
KAY, Elizabeth Mary
director · ~79y · appointed 2018-11-08 · resigned 2026-04-22
Resigned
KAY, Leslie Bernard
director · ~77y · appointed 2018-11-08 · resigned 2026-04-28
Resigned

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

Recent filings (42 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-29
termination-director-company-with-name-termination-date
officers · TM01
2026-04-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-16
certificate-change-of-name-company
change-of-name · CERTNM
2025-06-02
appoint-person-director-company-with-name-date
officers · AP01
2025-05-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-21