HPS - CHOICE LETTINGS LIMITED

💤Zombieactive
SC670899 · ltd · incorporated 2020-08-14
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 Aug 2024
Net worth
£12.1k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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: 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 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £12,146
Net assets shrinking
Down £526 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£12k
↓ 4.2% YoY
Current Assets
£16k
↓ 56% YoY
Current Liabilities
£0£7k£14k£21k£28k£35kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-08-312023-08-31
Total assets£12.1k£12.7k
Current assets£15.6k£35.3k
Net assets£12.1k£12.7k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-06-16
    MITCHELL, Laura resigned
    director
  2. 2025-06-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-06-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-06-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-08-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-05-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2021-09-22
    MITCHELL, Laura appointed
    director
  11. 2021-09-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2020-08-14
    🏢
    Company incorporated
    As HPS - CHOICE LETTINGS LIMITED
  13. 2020-08-14
    HARRISON, Damon Paul appointed
    director
  14. 2020-08-14
    📄
    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 Damon Paul Harrison
Individual · British · DOB 04/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control14/08/2020

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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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
Incorporated2020-08-14
Jurisdictionscotland
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

6 Kintrae Rise
Elgin
IV30 5ND
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-27
Last: 2025-08-13

Officers (1 active · 1 resigned)

HARRISON, Damon Paul
director · ~52y · appointed 2020-08-14
View their other companies + combined net worth →
Active
MITCHELL, Laura
director · ~55y · appointed 2021-09-22 · resigned 2025-06-16
Resigned

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

Recent filings (15 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-31
termination-director-company-with-name-termination-date
officers · TM01
2025-06-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-01
appoint-person-director-company-with-name-date
officers · AP01
2021-09-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-23
incorporation-company
incorporation · NEWINC
2020-08-14