ELECTRO DRAGON LTD

💤Zombieactive
SC654979 · ltd · incorporated 2020-02-19
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 Sept 2023
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company 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 (72/100)

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
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
3 connected companies via shared directors
54
Filing history
21 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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-09-30
Average employees7200

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 (19 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-03
    📄
    memorandum-articles
    incorporation · MA
  4. 2023-10-03
    📄
    resolution
    resolution · RESOLUTIONS
  5. 2023-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2022-06-15
    LIAO, Yu-Hsiang appointed
    director
  8. 2022-06-15
    LI, Qinqing resigned
    director
  9. 2022-06-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-06-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-06-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2022-06-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  13. 2022-06-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2022-06-06
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2021-09-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2020-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-02-19
    🏢
    Company incorporated
    As ELECTRO DRAGON LTD
  18. 2020-02-19
    LI, Qinqing appointed
    director
  19. 2020-02-19
    📄
    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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Yu-Hsiang Liao
Individual · Taiwanese · DOB 07/1973 · age 53
75100%
75-100% shares15/06/2022
1 historic (ceased) PSC
  • Mr Qinqing Liceased 15/06/2022· 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.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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.

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Company details

Statusactive
Typeltd
Incorporated2020-02-19
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

5 South Charlotte Street
Edinburgh
EH2 4AN
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-29
Last: 2025-06-15

Officers (1 active · 1 resigned)

LIAO, Yu-Hsiang
director · ~53y · appointed 2022-06-15
View their other companies + combined net worth →
Active
LI, Qinqing
director · ~61y · appointed 2020-02-19 · resigned 2022-06-15
Resigned

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

Recent filings (21 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
memorandum-articles
incorporation · MA
2023-10-03
resolution
resolution · RESOLUTIONS
2023-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-24
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-15
termination-director-company-with-name-termination-date
officers · TM01
2022-06-15
appoint-person-director-company-with-name-date
officers · AP01
2022-06-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-06-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-15
accounts-with-accounts-type-dormant
accounts · AA
2022-06-06