CONTRACTORNOW LTD

💤Zombieactive
SC744527 · ltd · incorporated 2022-09-15
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 · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · Filings: 6 → 7
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Filings: 67
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 Sept 2025
Net worth
£5.1k
book net assets
Opportunity
75/100
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: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 75/100 (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 (73/100).

Data confidence

Overall: high (82/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
7 filings
60
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 105 (micro)
Positive net assets
Net assets £5,121

Key financials

3 years extracted from filed iXBRL accounts
Cash
Net Worth
£5k
↑ 172% YoY
Current Assets
£27k
↑ 14% YoY
Current Liabilities
£0£7k£14k£21k£28k£35kSept 2023Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-09-302024-09-302023-09-30
Total assets£21.0k£13.4k£14.5k
Current assets£26.6k£23.4k£35.3k
Net assets£5.1k£1.9k£14.4k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2026-06-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-15
    🏢
    Company incorporated
    As CONTRACTORNOW LTD
  5. 2022-09-15
    MCCONNELL, Steven John appointed
    director
  6. 2022-09-15
    📄
    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

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
Steven John Mcconnell
Individual · British · DOB 02/1968 · age 58
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/09/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Technology · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SEEBYTE LIMITED
SC194014 · est 1999
£6.84M
£4.88M£8.79M
£10.82M880027y9261y
CANONGATE BOOKS LIMITED
SC152259 · est 1994
£6.02M
£4.30M£7.74M
6431y8565y
EXTRAORDINARY MANAGED SERVICES LIMITED
SC214448 · est 2001 · no financials extracted
25y8358y
INFOGISTICS LIMITED
SC208321 · est 2000
70026y8360y
INTELLIGENT MOBILE LIMITED
SC266060 · est 2004
22y8366y
MICROSYS SOLUTIONS LIMITED
SC185715 · est 1998
£140.2k28y8359y
NDI TECHNOLOGIES LTD.
SC173002 · est 1997 · no financials extracted
29y8393y
NETWORK ROI LTD
SC299422 · est 2006
£161.9k20y8371y
NILE HQ LTD
SC306908 · est 2006
4019y8363y
NW SECURITY GROUP LIMITED
SC177283 · est 1997
£753.2k28y8369y
OCCUPANCY MARKETING LIMITED
SC360835 · est 2009
£2.10M17y8360y
OPTIMISE HOLDINGS LIMITED
SC291827 · est 2005
30020y8363y
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
Incorporated2022-09-15
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

11 Preston Park
Linlithgow
EH49 6HN
Scotland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-28
Last: 2025-09-14

Officers (1 active · 0 resigned)

MCCONNELL, Steven John
director · ~58y · appointed 2022-09-15
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-26
incorporation-company
incorporation · NEWINC
2022-09-15