PAPAYA CAPITAL LTD
💤Zombieactive
SC678930 · ltd · incorporated 2020-10-27
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 Oct 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Activities of financial services holding companies
Sector: Financial & insurance
Investor take
PursueStrong 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: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-10-31 | 2024-10-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 1 officers
- • 1 confirmation-statement
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2026-01-15➖SUN, Tiancheng, Dr. resigneddirector
- 2026-01-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-01-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-11-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-11-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-07-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-12-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-12-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-12-07📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-11-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-10-27🏢Company incorporatedAs PAPAYA CAPITAL LTD
- 2020-10-27➕WANG, Hong appointeddirector
- 2020-10-27➕SUN, Tiancheng, Dr. appointeddirector
- 2020-10-27📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Hong Wang Individual · Chinese · DOB 06/1996 · age 30 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/10/2020 |
1 historic (ceased) PSC
- Dr. Tiancheng Sunceased 28/10/2020· 25-50% shares · 25-50% voting · board control · trust interest · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Holding company · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ONYX FACILITIES MANAGEMENT LTD→ SC835536 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| OPAL PROJECT SOLUTIONS LTD→ SC835518 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| PALATINE GROWTH CREDIT (GP) LIMITED→ SC775523 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| PANTOMIME (SCOTTISH) GP 1 LIMITED→ SC302026 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| PANTOMIME (SCOTTISH) GP 2 LIMITED→ SC302025 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| PARADAIZA LIMITED→ SC730878 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PARSLEY BOX GROUP LIMITED→ SC685656 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| PATRIA EUROPE 1 (GP) LIMITED→ SC776441 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| PBL 201 LIMITED→ SC231932 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| PEAR TREE HOUSE (EDINBURGH) LIMITED→ SC106766 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| PEEKBAY LIMITED→ SC232350 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| PEEL GREEN MANAGEMENT LIMITED→ SC817830 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2020-10-27
Jurisdictionscotland
Primary SIC64205 — Activities of financial services holding companies
Registered office
3/9 Lower Gilmore Bank
Edinburgh
EH3 9QP
Scotland
Filing status
Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-09
Last: 2025-10-26
Officers (1 active · 1 resigned)
Active
SUN, Tiancheng, Dr.→
Resigneddirector · ~36y · appointed 2020-10-27 · resigned 2026-01-15
Click a director name to see their full track record across all companies.
Recent filings (16 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-01-15
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-12
accounts-with-accounts-type-dormant
accounts · AA
2025-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-dormant
accounts · AA
2024-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-29
accounts-with-accounts-type-dormant
accounts · AA
2023-11-29
accounts-with-accounts-type-dormant
accounts · AA
2023-07-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-dormant
accounts · AA
2021-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-11-13