SIGNAL WARRANTIES LIMITED

💤Zombieactive
SC716710 · ltd · incorporated 2021-12-03
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 Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 33140
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 70). 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: 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
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
2 connected companies via shared directors
51
Filing history
12 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

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
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-06-20
    DICKSON, John Raymond resigned
    director
  4. 2024-06-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-12-08
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-08-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2022-12-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2022-12-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-11-20
    DICKSON, John Raymond appointed
    director
  10. 2022-11-20
    OGG, Graeme Morrison resigned
    director
  11. 2021-12-03
    🏢
    Company incorporated
    As SIGNAL WARRANTIES LIMITED
  12. 2021-12-03
    FALCONER, Iain Graham appointed
    director
  13. 2021-12-03
    OGG, Graeme Morrison appointed
    director
  14. 2021-12-03
    📄
    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 70 — 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 70 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Iain Graham Falconer
Individual · British · DOB 11/1956 · age 70
5075%
50–75%board control50-75% shares · 50-75% voting · board control03/12/2021
1 historic (ceased) PSC
  • Mr Graeme Morrison Oggceased 01/12/2023· 50-75% shares · 50-75% 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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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.

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Company details

Statusactive
Typeltd
Incorporated2021-12-03
Jurisdictionscotland
Primary SIC33140 — SIC 33140

Registered office

2 Dalcroy Cottages
Pitlochry
PH16 5NT
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-04
Last: 2025-07-21

Officers (1 active · 2 resigned)

FALCONER, Iain Graham
director · ~70y · appointed 2021-12-03
View their other companies + combined net worth →
Active
DICKSON, John Raymond
director · ~64y · appointed 2022-11-20 · resigned 2024-06-20
Resigned
OGG, Graeme Morrison
director · ~63y · appointed 2021-12-03 · resigned 2022-11-20
Resigned

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

Recent filings (12 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-dormant
accounts · AA
2024-09-25
termination-director-company-with-name-termination-date
officers · TM01
2024-06-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-08
accounts-with-accounts-type-dormant
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-02
appoint-person-director-company-with-name-date
officers · AP01
2022-12-01
termination-director-company-with-name-termination-date
officers · TM01
2022-12-01
incorporation-company
incorporation · NEWINC
2021-12-03