WIRENEWS LIMITED

💤Zombieactive

SC660524 · ltd · incorporated 2020-05-05

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 Dec 2025

Net worth

£9.5k

book net assets

Opportunity

76/100

Strong

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What this business does

Primary activity: Book publishing

Sector: Information & communication

ALSO REGISTERED FOR

58190Other publishing activities
63910News agency activities
82990Other business support service activities n.e.c.

Investor take

Pursue

Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 65). 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 (73/100).

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 4 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

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

10 connected companies via shared directors

Filing history

27 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

76/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £9,548

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£10k

↑ 563% YoY

Current Assets

£305

↓ 73% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-12-31	2024-12-31
Total assets	£9.5k	£-2.1k
Current assets	£305	£1.1k
Net assets	£9.5k	£-2.1k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 resolution
• 1 incorporation
• 1 accounts

Last 180 days

filings

• 1 resolution
• 1 incorporation
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-04-09
📄
resolution
resolution · RESOLUTIONS
2026-04-08
📄
memorandum-articles
incorporation · MA
2026-03-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-04
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-02-02
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-10-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-04
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-04-27
📄
change-person-director-company-with-change-date
officers · CH01
2023-04-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-04-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-04-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-02
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-12-23
📄
change-account-reference-date-company-current-shortened
accounts · AA01
2021-12-22
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-05-25
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-05-24
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-04-22
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-22
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-05-05
🏢
Company incorporated
As WIRENEWS LIMITED
2020-05-05
➕
WHITE, Bill appointed
director

Owner dependency

95/100

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 65 — succession pressure is live.
+No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
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.)

Group structure

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

🏛️

Mayside Partners Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

WIRENEWS LIMITED

This company · SC660524

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%

Name	Shares	Voting rights	Nature of control	Notified
Mayside Partners Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	24/05/2021

1 historic (ceased) PSC

Bill Whiteceased 24/05/2021· 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.

See pricing →

Similar companies

Active · Technology · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SEEBYTE LIMITED→ SC194014 · est 1999	£6.84M £4.88M–£8.79M	£10.82M	—	8800	27y	92	61y
CANONGATE BOOKS LIMITED→ SC152259 · est 1994	£6.02M £4.30M–£7.74M	—	—	64	31y	85	65y
EXTRAORDINARY MANAGED SERVICES LIMITED→ SC214448 · est 2001 · no financials extracted	—	—	—	—	25y	83	58y
INFOGISTICS LIMITED→ SC208321 · est 2000	—	—	—	700	25y	83	60y
INTELLIGENT MOBILE LIMITED→ SC266060 · est 2004	—	—	—	—	22y	83	66y
MICROSYS SOLUTIONS LIMITED→ SC185715 · est 1998	—	—	£140.2k	—	28y	83	59y
NDI TECHNOLOGIES LTD.→ SC173002 · est 1997 · no financials extracted	—	—	—	—	29y	83	93y
NETWORK ROI LTD→ SC299422 · est 2006	—	—	£161.9k	—	20y	83	71y
NILE HQ LTD→ SC306908 · est 2006	—	—	—	40	19y	83	63y
OCCUPANCY MARKETING LIMITED→ SC360835 · est 2009	—	—	£2.10M	—	16y	83	60y
OPTIMISE HOLDINGS LIMITED→ SC291827 · est 2005	—	—	—	300	20y	83	63y
OPTIMISE SOLUTIONS LIMITED→ SC119824 · est 1989	—	—	—	100	36y	83	63y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated2020-05-05

Jurisdictionscotland

Primary SIC58110 — Book publishing

Registered office

5 South Charlotte Street

Edinburgh

Midlothian

EH2 4AN

Scotland

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-07-10

Last: 2025-06-26

Officers (1 active · 0 resigned)

WHITE, Bill→

director · ~65y · appointed 2020-05-05

View their other companies + combined net worth →

Active

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

Recent filings (27 total)

resolution

resolution · RESOLUTIONS

2026-04-09

memorandum-articles

incorporation · MA

2026-04-08

accounts-with-accounts-type-micro-entity

accounts · AA

2026-03-20

accounts-with-accounts-type-micro-entity

accounts · AA

2025-09-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-07-02

accounts-with-accounts-type-unaudited-abridged

accounts · AA

2024-09-04

confirmation-statement-with-updates

confirmation-statement · CS01

2024-06-30

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2024-02-02

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-10-04

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-10-04

accounts-with-accounts-type-dormant

accounts · AA

2023-09-12

confirmation-statement-with-updates

confirmation-statement · CS01

2023-06-27

change-person-director-company-with-change-date

officers · CH01

2023-04-27

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-04-25

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-04-25