SILVER ASSOCIATES LTD

💤Zombieactive
SC693543 · ltd · incorporated 2021-03-26
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.
🔒Estimated value
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Turnover
year to Mar 2026
Net worth
£158
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
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: strategic trade sale (65/100).

Data confidence

Overall: high (80/100)

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 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £158

Key financials

2 years extracted from filed iXBRL accounts
Cash
£272
Net Worth
£158
Current Assets
£272
Current Liabilities
£0£54£109£163£218£272Mar 2025Mar 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-03-312025-03-31
Total assets£158
Current assets£272
Cash£272
Net assets£158

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
4
filings
  • 1 accounts
  • 1 persons-with-significant-control
  • 1 address
Last 90 days
5
filings
  • 2 confirmation-statement
  • 1 accounts
  • 1 persons-with-significant-control
Last 180 days
6
filings
  • 2 accounts
  • 2 confirmation-statement
  • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-04-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2026-04-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2026-01-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-06-09
    SAEED, Waqas resigned
    director
  6. 2025-06-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-12-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2024-04-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2023-12-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-12-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2021-03-26
    🏢
    Company incorporated
    As SILVER ASSOCIATES LTD
  12. 2021-03-26
    AKHTAR, Nausheerwan appointed
    director
  13. 2021-03-26
    SAEED, Waqas appointed
    director
  14. 2021-03-26
    📄
    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 Nausheerwan Akhtar
Individual · British · DOB 09/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/03/2021
1 historic (ceased) PSC
  • Mr Waqas Saeedceased 08/04/2024· 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 →

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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
Incorporated2021-03-26
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

Silver Associates Ltd Clyde Offices,Suite 2/3
48 West George Street
Glasgow
G2 1BP
Scotland

Filing status

Accounts
Next due: 2027-12-31
Last made up to: 2026-03-31
Confirmation statement
Next due: 2027-04-30
Last: 2026-04-16

Officers (1 active · 1 resigned)

AKHTAR, Nausheerwan
director · ~45y · appointed 2021-03-26
View their other companies + combined net worth →
Active
SAEED, Waqas
director · ~43y · appointed 2021-03-26 · resigned 2025-06-09
Resigned

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

Recent filings (16 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-30
accounts-with-accounts-type-dormant
accounts · AA
2026-01-01
termination-director-company-with-name-termination-date
officers · TM01
2025-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-dormant
accounts · AA
2024-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-08
accounts-with-accounts-type-dormant
accounts · AA
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-06
accounts-with-accounts-type-dormant
accounts · AA
2022-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-05