PHONESMART INVESTMENTS LTD

💤Zombieactive
SC657983 · ltd · incorporated 2020-03-20
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£6.06M
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Activities of open-ended investment companies
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (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: strategic trade sale (65/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
82
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 £6,060,520

Key financials

1 year extracted from filed iXBRL accounts
Cash
£338k
Net Worth
£6.1m
Current Assets
£826k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-30
Total assets£6.06M
Current assets£826.0k
Cash£338.3k
Debtors£487.7k
Net assets£6.06M

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

🔒Filing-note intelligence

3 signals 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 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-01-27
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2025-08-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-08-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-08-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-02-25
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  7. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-12-17
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  12. 2021-03-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-03-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-12-14
    📄
    capital-allotment-shares
    capital · SH01
  15. 2020-12-10
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2020-03-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2020-03-20
    🏢
    Company incorporated
    As PHONESMART INVESTMENTS LTD
  18. 2020-03-20
    ➕
    MCGRENARY, Stewart Neil appointed
    director
  19. 2020-03-20
    📄
    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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Stewart Neil Mcgrenary
Individual · British · DOB 07/1981 · age 45
75–100%
75–100%board control75-100% shares · 75-100% voting · board control20/03/2020

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 →

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——020y8366y
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——£2.38M—16y8372y
CALCLUTH & SANGSTER (INSURANCE BROKERS) LIMITED→
SC200273 · est 1999 · no financials extracted
————26y8359y
FEMALE INDEPENDENT LTD.→
SC245607 · est 2003
——£20.0k—23y8366y
THE LONDON MORTGAGE COMPANY LIMITED→
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————12y——
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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2020-03-20
Jurisdictionscotland
Primary SIC64304 — Activities of open-ended investment companies

Registered office

25 Eagle Street
Craighall Business Park
Glasgow
G4 9XA
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-01-02
Last: 2025-12-19

Officers (1 active · 0 resigned)

MCGRENARY, Stewart Neil→
director · ~45y · appointed 2020-03-20
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

accounts-with-accounts-type-group
accounts · AA
2026-01-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-23
change-person-director-company-with-change-date
officers · CH01
2025-08-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-04
change-account-reference-date-company-current-extended
accounts · AA01
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-17