ESSENTIAL GOLD LTD
💤Zombieactive
SC689300 · ltd · incorporated 2021-02-16
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
—
year to Feb 2025
Net worth
£902
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 46450
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 0.8y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 0.8 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 3 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
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £902
Net assets shrinking
Down £2,174 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£902
↓ 71% YoY
Current Assets
£6k
↓ 20% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £902 | £3.1k |
| Current assets | £6.0k | £7.5k |
| Net assets | £902 | £3.1k |
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
2
filings
- • 1 confirmation-statement
- • 1 officers
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
- 2026-03-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-28➖WALKER, Greig Russell resigneddirector
- 2025-11-17📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-05🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2024-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-01-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-01➕WALKER, Nicola appointeddirector
- 2023-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-04-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-20➖THOMSON, Nicola resigneddirector
- 2022-04-20➕WALKER, Greig Russell appointeddirector
- 2021-03-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-02-16🏢Company incorporatedAs ESSENTIAL GOLD LTD
- 2021-02-16➕THOMSON, Nicola appointeddirector
- 2021-02-16📄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 |
|---|---|---|---|---|
Mrs Nicola Walker Individual · British · DOB 11/1991 · age 35 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest · firm interest | 21/04/2022 |
1 historic (ceased) PSC
- Miss Nicola Thomsonceased 20/04/2022· 75-100% shares · 75-100% voting · board control
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FERGUSON WHISKY LIMITED→ SC705544 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FH WHOLESALE LIMITED→ SC841041 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| FIRST HALAL MEAT LTD→ SC707980 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FKBTEX LIMITED→ SC884014 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FOLOG LTD→ SC858557 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FORNAX TRADING LIMITED→ SC709904 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| FRONTLINE MARKETING LTD→ SC862881 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FTRE GLASGOW LTD→ SC676535 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| FULL STOP PERIOD WEAR LTD→ SC793072 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FUSIONTEL LTD→ SC804980 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FUTURTEC LTD→ SC819125 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FYNEPAX INDUSTRIAL SUPPLIES LIMITED→ SC312661 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated2021-02-16
Jurisdictionscotland
Primary SIC46450 — SIC 46450
Registered office
25 Main Street
Uddingston
Glasgow
Lanarkshire
G71 7ES
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-01
Last: 2026-02-15
Officers (1 active · 2 resigned)
WALKER, Nicola→
Activedirector · ~35y · appointed 2024-01-01
View their other companies + combined net worth →
THOMSON, Nicola→
Resigneddirector · ~35y · appointed 2021-02-16 · resigned 2022-04-20
WALKER, Greig Russell→
Resigneddirector · ~35y · appointed 2022-04-20 · resigned 2026-02-28
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 05/07/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (19 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
termination-director-company-with-name-termination-date
officers · TM01
2026-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-03
appoint-person-director-company-with-name-date
officers · AP01
2024-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
accounts-with-accounts-type-dormant
accounts · AA
2022-11-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-04-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-26
appoint-person-director-company-with-name-date
officers · AP01
2022-04-21