FUTURE2022 LTD

💤Zombieactive
SC737383 · ltd · incorporated 2022-07-04
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 Jul 2024
Net worth
£-30
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Activities of exhibition and fair organisers
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: Cash flow review and working-capital discipline. Cash down -37% 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 (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
15 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
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
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 £30
Net assets shrinking
Down £1,666 YoY
Cash YoY
-37%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↓ 37% YoY
Net Worth
-£30
↓ 102% YoY
Current Assets
£8k
↑ 135% YoY
Current Liabilities
-£30£2k£3k£5k£7k£8kJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Total assets£-30£1.6k
Current assets£8.5k£3.6k
Cash£2.3k£3.6k
Debtors£6.2k
Net assets£-30£1.6k

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
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-01-16
    CRAIG, Rosemary Ellen appointed
    director
  2. 2026-01-16
    CRAIG, Harvey resigned
    director
  3. 2026-01-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-01-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-06-03
    CRAIG, Harvey appointed
    director
  7. 2025-06-03
    CRAIG, Harvey resigned
    director
  8. 2025-06-03
    CRAIG, Harvey appointed
    director
  9. 2025-06-03
    CRAIG, Rosemary Ellen resigned
    director
  10. 2025-06-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2025-06-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-06-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-06-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2025-06-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2025-06-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-07-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-07-04
    🏢
    Company incorporated
    As FUTURE2022 LTD
  18. 2022-07-04
    CRAIG, Rosemary Ellen appointed
    director
  19. 2022-07-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CRAIG, Harvey resigned 2025-06-03; CRAIG, Harvey resigned 2026-01-16; CRAIG, Rosemary Ellen resigned 2025-06-03

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Harvey Craig
Individual · Scottish · DOB 12/2004 · age 22
75100%
75-100% shares03/06/2025
1 historic (ceased) PSC
  • Mrs Rosemary Ellen Craigceased 03/06/2025· 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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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
Incorporated2022-07-04
Jurisdictionscotland
Primary SIC82301 — Activities of exhibition and fair organisers

Registered office

4 Glendarvel Place
Glenrothes
KY7 6GN
United Kingdom

Filing status

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

Officers (1 active · 3 resigned)

CRAIG, Rosemary Ellen
director · ~58y · appointed 2026-01-16
View their other companies + combined net worth →
Active
CRAIG, Harvey
director · ~22y · appointed 2025-06-03 · resigned 2025-06-03
Resigned
CRAIG, Harvey
director · ~22y · appointed 2025-06-03 · resigned 2026-01-16
Resigned
CRAIG, Rosemary Ellen
director · ~58y · appointed 2022-07-04 · resigned 2025-06-03
Resigned

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

Recent filings (15 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-01-16
appoint-person-director-company-with-name-date
officers · AP01
2026-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-03
termination-director-company-with-name-termination-date
officers · TM01
2025-06-03
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
termination-director-company-with-name-termination-date
officers · TM01
2025-06-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-03
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-26
incorporation-company
incorporation · NEWINC
2022-07-04