THESEED LIMITED

💤Zombieactive
SC623271 · ltd · incorporated 2019-03-05
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 Mar 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does

Registered as a religious organisation under the name "The Seed," this Scotland-based company appears to be dormant or shell-like, with no trading activity evident from repeated dormant accounts filings, possibly held in reserve for a faith-based or community ministry venture.

Primary activity: Activities of religious organisations
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

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

Recent activity

Last 30 days
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. 2025-10-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-01-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-12-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-12-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-03-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2020-05-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-05-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2020-05-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2020-05-06
    MARKIEWICZ, Mark Leonard resigned
    director
  11. 2019-03-05
    🏢
    Company incorporated
    As THESEED LIMITED
  12. 2019-03-05
    DAVID, Howard appointed
    director
  13. 2019-03-05
    MARKIEWICZ, Mark Leonard appointed
    director
  14. 2019-03-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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 68 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-14

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Howard David
Individual · British · DOB 07/1958 · age 68
2550%
25–50%25-50% shares · 25-50% voting05/03/2019
1 historic (ceased) PSC
  • Mr Mark Leonard Markiewiczceased 06/05/2020· 25-50% shares · 25-50% voting

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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Company details

Statusactive
Typeltd
Incorporated2019-03-05
Jurisdictionscotland
Primary SIC94910 — Activities of religious organisations

Registered office

5 Ardross Terrace
Inverness
IV3 5NQ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-14OVERDUE
Last: 2025-02-28

Officers (1 active · 1 resigned)

DAVID, Howard
director · ~68y · appointed 2019-03-05
View their other companies + combined net worth →
Active
MARKIEWICZ, Mark Leonard
director · ~62y · appointed 2019-03-05 · resigned 2020-05-06
Resigned

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

Recent filings (16 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-10-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-dormant
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-dormant
accounts · AA
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-18
accounts-with-accounts-type-dormant
accounts · AA
2022-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-10
accounts-with-accounts-type-dormant
accounts · AA
2021-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-15
accounts-with-accounts-type-dormant
accounts · AA
2021-03-03
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-05-29
termination-director-company-with-name-termination-date
officers · TM01
2020-05-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-05-29