FUTUREIDEAS LIMITED

💤Zombieactive
SC718193 · ltd · incorporated 2021-12-22
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
£100
book net assets
Opportunity
68/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 47421
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 62020Information technology consultancy activities
  • 95110Repair of computers and peripheral equipment
Investor take
Pursue
Asset-holding vehicle. Reasonable fundamentals — worth a memo before deciding.

Opportunity 68/100 (strong), bankability 70/100. 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: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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
13 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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 £100
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£100
~ YoY
Net Worth
£100
~ YoY
Current Assets
£100
~ YoY
Current Liabilities
£0£20£40£60£80£100Dec 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
Total assets£100£100
Current assets£100£100
Cash£100£100
Net assets£100£100

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-09-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-05-30
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-05-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2024-05-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-05-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2023-09-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-12-31
    TAFFAIL, Umar resigned
    director
  10. 2022-01-01
    LATIF, Sajjad appointed
    director
  11. 2021-12-22
    🏢
    Company incorporated
    As FUTUREIDEAS LIMITED
  12. 2021-12-22
    TAFFAIL, Umar appointed
    director
  13. 2021-12-22
    📄
    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

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-05-30: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Sajjad Latif
Individual · Pakistani · DOB 12/1988 · age 38
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/12/2021
1 historic (ceased) PSC
  • Mr Umar Taffailceased 31/12/2022· 25-50% shares · 25-50% 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 →

Similar companies

Active · Retail · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GENERAL BADGER LTD
SC873777 · est 2025 · no financials extracted
GILMERTON HEALTHCARE LIMITED
SC772363 · est 2023 · no financials extracted
2y
GOLDEN FULFILLMENT LTD LIMITED
SC860005 · est 2025 · no financials extracted
GUGA INVESTMENTS LIMITED
SC614262 · est 2018 · no financials extracted
7y
H. & J. PRYCE (JEWELLERS) LIMITED
SC073105 · est 1980 · no financials extracted
45y
HAMILTON ABODE LTD
SC858534 · est 2025 · no financials extracted
HAVEN SUPPLIES LTD
SC787824 · est 2023 · no financials extracted
2y
HAYLEIGHS FRAMES LIMITED
SC637674 · est 2019 · no financials extracted
6y
HEBA HEALTH LIMITED
SC852375 · est 2025 · no financials extracted
HEID CLOTHING LTD
SC738847 · est 2022 · no financials extracted
3y
HENRY HUGHES LTD.
SC236328 · est 2002 · no financials extracted
23y
HERBALIZED LTD
SC602830 · est 2018 · no financials extracted
7y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2021-12-22
Jurisdictionscotland
Primary SIC47421 — SIC 47421

Registered office

108 High Street
Lanark
ML11 7ES
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-13
Last: 2025-05-30

Officers (1 active · 1 resigned)

LATIF, Sajjad
director · ~38y · appointed 2022-01-01
View their other companies + combined net worth →
Active
TAFFAIL, Umar
director · ~38y · appointed 2021-12-22 · resigned 2022-12-31
Resigned

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

Recent filings (13 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-09-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-04
accounts-with-accounts-type-dormant
accounts · AA
2024-09-27
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-30
termination-director-company-with-name-termination-date
officers · TM01
2024-05-30
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-30
appoint-person-director-company-with-name-date
officers · AP01
2024-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-dormant
accounts · AA
2023-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-26
incorporation-company
incorporation · NEWINC
2021-12-22