BRAIDSIDE LIMITED

💤Zombieactive

SC675255 · ltd · incorporated 2020-09-23

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2025

Net worth

—

book net assets

Opportunity

76/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Pursue

Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 78). 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 (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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 3 total, 3 with control declared

Director network

7 connected companies via shared directors

Filing history

21 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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-09-30	2024-09-30
Average employees	1	100

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-04-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-29
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-02-29
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-15
➖
IRVINE, Hamish Edward Thomson resigned
director
2023-10-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-24
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-24
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-10-23
📄
capital-allotment-shares
capital · SH01
2020-10-19
📄
resolution
resolution · RESOLUTIONS
2020-09-23
🏢
Company incorporated
As BRAIDSIDE LIMITED
2020-09-23
➕
MACKAY, Alasdair Ross appointed
director
2020-09-23
➕
IRVINE, Hamish Edward Thomson appointed
director
2020-09-23
📄
incorporation-company
incorporation · NEWINC

Owner dependency

90/100

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 78 — succession pressure is live.

Succession & seller-readiness

75/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
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

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

🏛️

Btr Edinburgh Limited

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

ultimate parent

⬇

BRAIDSIDE LIMITED

This company · SC675255

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
Btr Edinburgh Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	15/12/2023

2 historic (ceased) PSCs

Mr Alasdair Ross Mackayceased 15/12/2023· 25-50% shares · 25-50% voting
Mr Hamish Edward Thomson Irvineceased 15/12/2023· 25-50% shares · 25-50% voting

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 · Trade services · EH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ELGIN INFRASTRUCTURE LIMITED→ SC366432 · est 2009	£50.96M £38.22M–£63.70M	—	—	0	16y	94	64y
UNITED CAPITAL GROUP LTD→ SC550711 · est 2016	£5.96M £4.47M–£7.45M	—	—	297	9y	84	83y
ELGIN EDUCATION (ABERDEENSHIRE 2) LIMITED→ SC259895 · est 2003	£5.44M £4.08M–£6.80M	—	—	0	22y	84	64y
PPP SERVICES (NORTH AYRSHIRE) LIMITED→ SC294870 · est 2005	£5.04M £3.78M–£6.30M	—	—	0	20y	87	60y
DISCOVERY EDUCATION PLC→ SC313681 · est 2006	£4.97M £3.73M–£6.22M	—	—	0	19y	85	—
PPP SERVICES (NORTH AYRSHIRE) HOLDINGS LIMITED→ SC294861 · est 2005	£4.61M £3.46M–£5.76M	—	—	0	20y	87	60y
GLASGOW HEALTHCARE FACILITIES (HOLDINGS) LIMITED→ SC290718 · est 2005	£4.00M £3.00M–£5.00M	—	—	0	20y	84	63y
COMMUNITY SCHOOLS (HIGHLANDS) LIMITED→ SC210981 · est 2000	£3.85M £2.88M–£4.81M	£4.08M	—	200	25y	83	50y
LOCHGILPHEAD HEALTHCARE SERVICES LIMITED→ SC240996 · est 2002	£3.83M £2.88M–£4.79M	—	—	0	23y	84	60y
FCC (EAST AYRSHIRE) LIMITED→ SC300469 · est 2006	£3.70M £2.78M–£4.63M	—	—	0	20y	87	60y
SCOTS BEARINGS LIMITED→ SC299694 · est 2006	£3.65M £2.74M–£4.57M	£17.30M	—	5900	20y	88	71y
ELGIN HEALTH (CLACKMANNANSHIRE) HOLDINGS LIMITED→ SC315451 · est 2007	£3.43M £2.57M–£4.29M	—	—	0	19y	84	64y

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

Incorporated2020-09-23

Jurisdictionscotland

Primary SIC96090 — Other service activities n.e.c.

Registered office

1 Livingstone Street

Addiewell

West Lothian

EH55 8FW

Scotland

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-11-10

Last: 2025-10-27

Officers (1 active · 1 resigned)

MACKAY, Alasdair Ross→

director · ~78y · appointed 2020-09-23

View their other companies + combined net worth →

Active

IRVINE, Hamish Edward Thomson→

director · ~80y · appointed 2020-09-23 · resigned 2023-12-15

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

2026-04-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-27

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-04-14

confirmation-statement-with-updates

confirmation-statement · CS01

2024-11-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-09-25

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-02-29

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2024-02-29

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-02-29

termination-director-company-with-name-termination-date

officers · TM01

2024-02-29

accounts-with-accounts-type-micro-entity

accounts · AA

2023-10-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-09-22

accounts-with-accounts-type-micro-entity

accounts · AA

2022-12-07

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-09-23

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

address · AD01

2022-09-23

accounts-with-accounts-type-micro-entity

accounts · AA

2022-03-14