FIREAWAY SCOTLAND LTD

💤Zombieactive
SC646272 · ltd · incorporated 2019-11-05
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
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Turnover
year to Nov 2024
Net worth
£30.0k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Leasing of intellectual property and similar products, except copyright works
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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: medium (69/100)

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
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
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 £29,956
Net assets shrinking
Down £16,845 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£30k
↓ 36% YoY
Current Assets
£37k
↓ 33% YoY
Current Liabilities
£0£11k£22k£33k£44k£55kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£37.1k£55.1k
Current assets£37.1k£55.1k
Net assets£30.0k£46.8k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2024-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-03-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-01-27
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-01-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-04-01
    ANWAR, Saima resigned
    director
  9. 2022-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-07-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-08-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2019-11-05
    🏢
    Company incorporated
    As FIREAWAY SCOTLAND LTD
  13. 2019-11-05
    ANWAR, Waseem appointed
    director
  14. 2019-11-05
    ANWAR, Saima appointed
    director
  15. 2019-11-05
    📄
    incorporation-company
    incorporation · NEWINC

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2019-11-05
Jurisdictionscotland
Primary SIC77400 — Leasing of intellectual property and similar products, except copyright works

Registered office

7 Callander Road
Falkirk
FK1 1XS
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04

Officers (1 active · 1 resigned)

ANWAR, Waseem
director · ~50y · appointed 2019-11-05
View their other companies + combined net worth →
Active
ANWAR, Saima
director · ~49y · appointed 2019-11-05 · resigned 2023-04-01
Resigned

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

Recent filings (17 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-10
termination-director-company-with-name-termination-date
officers · TM01
2024-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-05
gazette-filings-brought-up-to-date
gazette · DISS40
2024-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-26
gazette-notice-compulsory
gazette · GAZ1
2024-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-16
accounts-with-accounts-type-dormant
accounts · AA
2021-08-03