BRAE EDGE SERVICES LIMITED

💤Zombieactive
SC678684 · ltd · incorporated 2020-10-26
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 snapshot from 90 days ago — start tracking from today.

Last 180 days

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

🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
£18.4k
book net assets
Opportunity
76/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
ALSO REGISTERED FOR
  • 52290Other transportation support activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (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 (73/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
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 £18,426

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£18k
↑ 16% YoY
Current Assets
£10k
↑ 1982% YoY
Current Liabilities
£0£4k£7k£11k£15k£18kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£18.4k£15.9k
Current assets£10.3k£493
Net assets£18.4k£15.9k

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 (7 events)Click to expand
  1. 2025-07-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2020-10-26
    🏢
    Company incorporated
    As BRAE EDGE SERVICES LIMITED
  6. 2020-10-26
    OAG, Bruce Forsythe appointed
    director
  7. 2020-10-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +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 64. 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Donna Oag
Individual · British · DOB 04/1967 · age 59
2550%
25–50%25-50% shares · 25-50% voting26/10/2020
Mr Bruce Forsythe Oag
Individual · British · DOB 05/1962 · age 64
2550%
25–50%25-50% shares · 25-50% voting26/10/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · HS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ANGUS MACIVER LIMITED
SC055316 · est 1974
£1.79M52y8271y
HARRIS TWEED HEBRIDES LIMITED
SC412084 · est 2011 · no financials extracted
14y8074y
HEBRIDEAN SEAWEED COMPANY LIMITED
SC288738 · est 2005 · no financials extracted
20y8076y
I M MURRAY ENGINEERING LIMITED
SC240950 · est 2002
£455.4k23y8079y
IM INSPECTION SERVICES LIMITED
SC389758 · est 2010
£13.4k15y8059y
MACAULAY ASKERNISH LTD.
SC122689 · est 1990
£4.84M36y7973y
MARTINS MEMORIALS LIMITED
SC535026 · est 2016
£103.8k10y7963y
I A & C MACIVER LIMITED
SC146898 · est 1993
£3.83M32y7865y
KENNETH MACKENZIE LIMITED
SC047484 · est 1970
£3.11M56y7873y
MEADOWS TECH SERVICES LIMITED
SC405978 · est 2011
£40.5k14y7858y
AMK PLANT AND TIPPER HIRE LIMITED
SC087960 · est 1984
£542.9k42y7751y
SEAQUREFARMING 6 LIMITED
SC841205 · est 2025 · no financials extracted
1y7762y
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
Incorporated2020-10-26
Jurisdictionscotland
Primary SIC33120 — Repair of machinery

Registered office

63 Kenneth Street
Stornoway
Isle Of Lewis
HS1 2DS
United Kingdom

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25

Officers (1 active · 0 resigned)

OAG, Bruce Forsythe
director · ~64y · appointed 2020-10-26
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-07
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-05
incorporation-company
incorporation · NEWINC
2020-10-26