BOX PROJECTS LIMITED

💤Zombieactive
SC652041 · ltd · incorporated 2020-01-20
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Jan 2021
Net worth
£10.3k
book net assets
Opportunity
42/100
Watch
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 42/100 (watch), bankability 45/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (70/100)

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
4 officers (0 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
42/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
13
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £10,278

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£10k
Current Assets
£45k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2021-01-31
Total assets£86.3k
Current assets£44.7k
Net assets£10.3k

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 (31 events)Click to expand
  1. 2022-06-16
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  2. 2022-06-07
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2022-05-26
    ⚠️
    liquidation-termination-of-provisional-liquidator-court-scotland
    insolvency · WU03(Scot)
  4. 2022-03-15
    ⚠️
    liquidation-appointment-of-provisional-liquidator-court-scotland
    insolvency · WU02(Scot)
  5. 2021-08-31
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2021-08-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2021-08-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2021-08-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-08-31
    📄
    notice-of-removal-of-a-director
    officers · AP01
  10. 2021-08-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-07-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2021-07-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2021-07-08
    BROWN, Jacqueline Lynda appointed
    director
  14. 2021-07-08
    BROWN, Jacqueline Lynda resigned
    director
  15. 2021-07-08
    CONNELL, Alan resigned
    director
  16. 2021-06-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-06-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-06-22
    BROWN, Jacqueline Lynda resigned
    director
  19. 2021-05-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2021-04-18
    BROWN, Jacqueline Lynda appointed
    director
  21. 2021-04-18
    MULVEY, Paul resigned
    director
  22. 2021-04-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2021-04-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2021-01-24
    MULVEY, Paul appointed
    director
  25. 2021-01-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  26. 2021-01-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  27. 2021-01-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  28. 2021-01-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  29. 2020-01-20
    🏢
    Company incorporated
    As BOX PROJECTS LIMITED
  30. 2020-01-20
    CONNELL, Alan appointed
    director
  31. 2020-01-20
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

4 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2022-10-31

Confirmation statement overdue
high

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

Evidence: Next due: 2022-02-02

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2022-05-26: liquidation-termination-of-provisional-liquidator-court-scotland; 2022-03-15: liquidation-appointment-of-provisional-liquidator-court-scotland

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Julian Terriaca
Individual · Italian · DOB 01/1980 · age 46
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/08/2021
2 historic (ceased) PSCs
  • Mr Paul Mulveyceased 31/08/2021· 75-100% shares · 75-100% voting · board control
  • Mr Alan Connellceased 24/01/2021· 75-100% shares · 75-100% voting · board control

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
Incorporated2020-01-20
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

Unit 47 Belgrave Street
Bellshill Industrial Estate
Bellshill
ML4 3NP
Scotland

Filing status

Accounts
Next due: 2022-10-31OVERDUE
Last made up to: 2021-01-31
Confirmation statement
Next due: 2022-02-02OVERDUE
Last: 2021-01-19

Officers (0 active · 4 resigned)

BROWN, Jacqueline Lynda
director · ~49y · appointed 2021-07-08 · resigned 2021-07-08
Resigned
BROWN, Jacqueline Lynda
director · ~49y · appointed 2021-04-18 · resigned 2021-06-22
Resigned
CONNELL, Alan
director · ~47y · appointed 2020-01-20 · resigned 2021-07-08
Resigned
MULVEY, Paul
director · ~50y · appointed 2021-01-24 · resigned 2021-04-18
Resigned

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

Recent filings (23 total)

dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-06-16
gazette-notice-compulsory
gazette · GAZ1
2022-06-07
liquidation-termination-of-provisional-liquidator-court-scotland
insolvency · WU03(Scot)
2022-05-26
liquidation-appointment-of-provisional-liquidator-court-scotland
insolvency · WU02(Scot)
2022-03-15
change-person-director-company-with-change-date
officers · CH01
2021-08-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-08-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-08-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-08-31
notice-of-removal-of-a-director
officers · AP01
2021-08-31
termination-director-company-with-name-termination-date
officers · TM01
2021-08-31
appoint-person-director-company-with-name-date
officers · AP01
2021-07-20
termination-director-company-with-name-termination-date
officers · TM01
2021-07-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-23
termination-director-company-with-name-termination-date
officers · TM01
2021-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-10