TYTRAS LIMITED

💤Zombieactive

SC652323 · ltd · incorporated 2020-01-22

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 Jan 2025

Net worth

£-1.2k

book net assets

Opportunity

71/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other retail sale in non-specialised stores

Sector: Wholesale & retail

ALSO REGISTERED FOR

47990Other retail sale not in stores, stalls or markets

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

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: Cash flow review and working-capital discipline. Cash down -87% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (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

12 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

Negative net assets

Liabilities exceed assets by £1,188

Very low cash

Cash position: £36

Cash draining

Cash down 87% YoY

Cash YoY

-87%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£36

↓ 87% YoY

Net Worth

-£1k

↓ 37% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-01-31	2024-01-31
Total assets	£-1.2k	£-870
Cash	£36	£283
Net assets	£-1.2k	£-870

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (9 events)Click to expand

2025-10-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-22
🏢
Company incorporated
As TYTRAS LIMITED
2020-01-22
➕
MACPHEE, Jamie Neil appointed
secretary
2020-01-22
➕
MACPHEE, Jamie Neil appointed
director
2020-01-22
📄
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 6 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
Jamie Neil Macphee Individual · British · DOB 11/1976 · age 50	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	22/01/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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GRAMPIAN BLINDS LIMITED→ SC232209 · est 2002	—	—	—	700	23y	83	64y
KHALSA RETAIL LTD→ SC297040 · est 2006	—	—	—	1300	20y	83	62y
ANGLING ACTIVE LIMITED→ SC194095 · est 1999	—	—	—	2000	27y	82	78y
CAFE ALBERT LIMITED→ SC151077 · est 1994	—	—	—	30	31y	82	79y
DUNBAR THE JEWELLER LIMITED→ SC150912 · est 1994	—	—	£29.5k	—	31y	82	69y
EAST BOLDON VILLAGE PHARMACY LIMITED→ SC224250 · est 2001	—	—	£116.8k	—	24y	82	68y
FRAMED IMAGES WORKSHOPS LIMITED→ SC190202 · est 1998	—	—	£31.2k	—	27y	82	70y
HARGREAVES RECLAMATION LIMITED→ SC246805 · est 2003	—	—	—	700	23y	82	68y
JOHN HILL BUTCHER LIMITED→ SC223783 · est 2001	—	—	£120.7k	—	24y	82	63y
MAC AUTO ELECTRICS LIMITED→ SC109018 · est 1988	—	—	—	500	38y	82	80y

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

Incorporated2020-01-22

Jurisdictionscotland

Primary SIC47190 — Other retail sale in non-specialised stores

Registered office

Hillview

Main Street

Kippen

Stirlingshire

FK8 3DN

Scotland

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2027-02-02

Last: 2026-01-19

Officers (2 active · 0 resigned)

MACPHEE, Jamie Neil→

secretary · appointed 2020-01-22

View their other companies + combined net worth →

Active

MACPHEE, Jamie Neil→

director · ~50y · appointed 2020-01-22

View their other companies + combined net worth →

Active

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