CAMBAY NO.2 LIMITED

💤Zombieactive
SC654441 · ltd · incorporated 2020-02-13
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 Feb 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 71/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-272024-02-27
Average employees1100

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-12-15
    IRVINE, Hamish Edward Thomson resigned
    director
  6. 2023-11-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-02
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  10. 2022-02-02
    📄
    legacy
    capital · SH20
  11. 2022-02-02
    ⚠️
    legacy
    insolvency · CAP-SS
  12. 2022-02-02
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2021-11-11
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  14. 2020-11-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2020-11-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2020-11-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2020-11-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2020-11-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2020-09-28
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  20. 2020-09-28
    📄
    legacy
    capital · SH20
  21. 2020-02-13
    🏢
    Company incorporated
    As CAMBAY NO.2 LIMITED
  22. 2020-02-13
    MACKAY, Alasdair Ross appointed
    director
  23. 2020-02-13
    IRVINE, Hamish Edward Thomson appointed
    director

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 78 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
1 insolvency-related filing on record
high

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

Evidence: 2022-02-02: legacy

Group structure

Braidside Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Braidside Limited
Corporate parent · holds 75-100% shares
ultimate parent
CAMBAY NO.2 LIMITED
This company · SC654441

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Braidside Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting09/10/2020
3 historic (ceased) PSCs
  • Claylands Limitedceased 09/10/2020· 75-100% shares · 75-100% voting
  • Mr Alasdair Ross Mackayceased 05/08/2020· 25-50% shares · 25-50% voting
  • Mr Hamish Edward Thomson Irvineceased 05/08/2020· 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 →

Similar companies

Active · Trade services · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CAMPBELL AND HUGHES LTD
SC873300 · est 2025 · no financials extracted
CANINE BODYWORK CLINIC LTD
SC781325 · est 2023 · no financials extracted
2y
CANTYBAY ENTERPRISES LIMITED
SC147176 · est 1993 · no financials extracted
32y
CAPTURE IMAGING LIMITED
SC288828 · est 2005 · no financials extracted
20y
CARNBEE TAXIS LTD.
SC196190 · est 1999 · no financials extracted
26y
CARRICK CHEMISTS LIMITED
SC158077 · est 1995 · no financials extracted
30y
CARSEANDCO HAIR&BEAUTY LTD
SC800008 · est 2024 · no financials extracted
2y
CATALYST EPF (S) GP LIMITED
SC331310 · est 2007 · no financials extracted
18y
CBS PRIVATE CAPITAL SLP LIMITED
SC166607 · est 1996 · no financials extracted
29y
CC PURCHASE CO LIMITED
SC552224 · est 2016 · no financials extracted
9y
CCP III CO-INVESTMENT (GP) LIMITED
SC391313 · est 2011 · no financials extracted
15y
CD ASSOCIATES CEI (UK) GP II LTD
SC583998 · est 2017 · no financials extracted
8y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2020-02-13
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

1 Livingstone Street
Addiewell
West Lothian
EH55 8FW
Scotland

Filing status

Accounts
Next due: 2026-11-27
Last made up to: 2025-02-27
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22

Officers (1 active · 1 resigned)

MACKAY, Alasdair Ross
director · ~78y · appointed 2020-02-13
View their other companies + combined net worth →
Active
IRVINE, Hamish Edward Thomson
director · ~80y · appointed 2020-02-13 · resigned 2023-12-15
Resigned

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

Recent filings (30 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
termination-director-company-with-name-termination-date
officers · TM01
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-08
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2022-02-02
legacy
capital · SH20
2022-02-02
legacy
insolvency · CAP-SS
2022-02-02