FIRSTMEDICINE-ABERDEEN LIMITED

💤Zombieactive
SC705203 · ltd · incorporated 2021-07-28
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 Jul 2025
Net worth
£-35.0k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -32% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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 102
Negative net assets
Liabilities exceed assets by £35,012
Cash YoY
-32%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£33k
↓ 32% YoY
Net Worth
-£35k
↓ 66% YoY
Current Assets
£55k
↓ 7.4% YoY
Current Liabilities
—
-£35k-£16k£3k£22k£41k£60kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Total assets£-35.0k£-21.1k
Current assets£55.3k£59.7k
Cash£32.7k£47.8k
Debtors£22.6k£11.9k
Net assets£-35.0k£-21.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-12-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2022-11-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-04-05
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2022-04-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2021-09-02
    ➕
    MACDONALD, Roderick James appointed
    director
  10. 2021-09-02
    ➖
    FORBES, Neil David resigned
    director
  11. 2021-09-02
    ➖
    GARDNER, Ross Scott resigned
    director
  12. 2021-09-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2021-09-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2021-09-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2021-09-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-09-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2021-08-26
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2021-07-28
    🏢
    Company incorporated
    As FIRSTMEDICINE-ABERDEEN LIMITED
  19. 2021-07-28
    ➕
    STRONACHS SECRETARIES LIMITED appointed
    corporate-secretary
  20. 2021-07-28
    ➕
    FORBES, Neil David appointed
    director
  21. 2021-07-28
    ➕
    GARDNER, Ross Scott appointed
    director
  22. 2021-07-28
    📄
    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 75 — 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 75 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

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

🏛️
Scottish Medicine Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
FIRSTMEDICINE-ABERDEEN LIMITED
This company · SC705203

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%
NameSharesVoting rightsNature of controlNotified
Scottish Medicine Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control04/04/2022
2 historic (ceased) PSCs
  • Mr Roderick James Macdonaldceased 04/04/2022· 75-100% shares · 75-100% voting · board control
  • Stronachs Nominees Limitedceased 02/09/2021· 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.

🔒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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ASHLEY PROPERTIES ABERDEEN LIMITED→
SC315836 · est 2007 · no financials extracted
————19y8378y
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——£4.39M—23y8359y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2021-07-28
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

28 Albyn Place
Aberdeen
AB10 1YL
United Kingdom

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-09-23
Last: 2025-09-09

Officers (2 active · 2 resigned)

STRONACHS SECRETARIES LIMITED→
corporate-secretary · appointed 2021-07-28
View their other companies + combined net worth →
Active
MACDONALD, Roderick James→
director · ~75y · appointed 2021-09-02
View their other companies + combined net worth →
Active
FORBES, Neil David→
director · ~56y · appointed 2021-07-28 · resigned 2021-09-02
Resigned
GARDNER, Ross Scott→
director · ~49y · appointed 2021-07-28 · resigned 2021-09-02
Resigned

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

Recent filings (20 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-22
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-08
gazette-notice-compulsory
gazette · GAZ1
2022-11-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-04-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-05
confirmation-statement-with-updates
confirmation-statement · CS01
2021-09-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-09-02