FACTORS DIRECT LIMITED

💤Zombieactive
SC747667 · ltd · incorporated 2022-10-18
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 Sept 2024
Net worth
£-51.6k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Residents property management
Sector: Activities of households
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

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 (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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
11 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 · accounting standard not declared
Negative net assets
Liabilities exceed assets by £51,586

Key financials

2 years extracted from filed iXBRL accounts
Cash
£68k
Net Worth
-£52k
Current Assets
£80k
Current Liabilities
-£52k-£25k£1k£27k£54k£80kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£-51.6k
Current assets£80.0k
Cash£67.8k
Debtors£12.2k
Net assets£-51.6k

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

🔒Filing-note intelligence

2 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
0
filings
Last 180 days
5
filings
  • 1 persons-with-significant-control
  • 1 incorporation
  • 1 resolution
Counts from Companies House filing history.
Corporate timeline (11 events)Click to expand
  1. 2026-01-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-18
    📄
    memorandum-articles
    incorporation · MA
  3. 2025-12-18
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2025-11-28
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  5. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-06-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-03-18
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2022-10-18
    🏢
    Company incorporated
    As FACTORS DIRECT LIMITED
  9. 2022-10-18
    SHIELDS, Paul appointed
    secretary
  10. 2022-10-18
    ROWAND, David appointed
    director
  11. 2022-10-18
    📄
    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
NameSharesVoting rightsNature of controlNotified
Mr David Rowand
Individual · British · DOB 07/1968 · age 58
5075%
50–75%50-75% shares · 50-75% voting18/10/2022

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.

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Company details

Statusactive
Typeltd
Incorporated2022-10-18
Jurisdictionscotland
Primary SIC98000 — Residents property management

Registered office

Abercorn House
79 Renfrew Road
Paisley
PA3 4DA
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-31
Last: 2025-10-17

Officers (2 active · 0 resigned)

SHIELDS, Paul
secretary · appointed 2022-10-18
View their other companies + combined net worth →
Active
ROWAND, David
director · ~58y · appointed 2022-10-18
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-05
memorandum-articles
incorporation · MA
2025-12-18
resolution
resolution · RESOLUTIONS
2025-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-28
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-30
accounts-with-accounts-type-dormant
accounts · AA
2024-06-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20
incorporation-company
incorporation · NEWINC
2022-10-18