PIVOT RESEARCH LTD

💤Zombieactive
SC667732 · ltd · incorporated 2020-07-16
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
not disclosed
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 46750
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 72190Other research and experimental development on natural sciences and engineering
Investor take
Pursue
Strong opportunity: active trading company 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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
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
1 connected companies via shared directors
48
Filing history
21 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
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 1 accounts
  • 1 change-of-name
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 accounts
  • 1 change-of-name
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2026-04-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-04-07
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2025-03-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-03-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-03-26
    CHEUNG, Shenga resigned
    director
  6. 2025-03-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-03-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2025-03-18
    CHEUNG, Shenga appointed
    director
  9. 2025-01-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2024-08-14
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  11. 2024-01-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-05-12
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  13. 2023-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2023-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2022-04-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-07-16
    🏢
    Company incorporated
    As PIVOT RESEARCH LTD
  17. 2020-07-16
    CHEUNG, Anthony appointed
    director
  18. 2020-07-16
    📄
    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

1 med ·
Name changed 2 times
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2026-04-07: certificate-change-of-name-company; 2024-08-14: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Anthony Cheung
Individual · British · DOB 07/1986 · age 40
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/07/2020
1 historic (ceased) PSC
  • Mrs Shenga Cheungceased 26/03/2025· 75-100% shares · 75-100% voting · board control · significant influence · firm interest

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
Incorporated2020-07-16
Jurisdictionscotland
Primary SIC46750 — SIC 46750

Registered office

Yakuza Wraps Ltd Clyde Offices 2nd Floor
48 West George Street
Glasgow
G2 1BP
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2027-04-10
Last: 2026-03-27

Officers (1 active · 1 resigned)

CHEUNG, Anthony
director · ~40y · appointed 2020-07-16
View their other companies + combined net worth →
Active
CHEUNG, Shenga
director · ~65y · appointed 2025-03-18 · resigned 2025-03-26
Resigned

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

Recent filings (21 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-08
certificate-change-of-name-company
change-of-name · CERTNM
2026-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-05
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-27
termination-director-company-with-name-termination-date
officers · TM01
2025-03-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-24
appoint-person-director-company-with-name-date
officers · AP01
2025-03-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-09
certificate-change-of-name-company
change-of-name · CERTNM
2024-08-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-11
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-05-12