AZURE GLOBAL PAYROLL LTD

💤Zombieactive
SC754977 · ltd · incorporated 2023-01-11
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 Apr 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Temporary employment agency activities
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

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: 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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 3.1y

20/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Charge age ~3.1 years — mid-life; refi window approaching.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
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
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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-05

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-10-02
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2025-08-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-01-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-01-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-11-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-11-05
    🔓
    Charge satisfied #1
  8. 2024-10-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-10-21
    🔒
    Charge registered #2
    Lender: Zodeq LTD
  10. 2024-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-02-21
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  12. 2024-01-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2023-03-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2023-03-15
    🔒
    Charge registered #1
    Lender: Sonovate Limited
  15. 2023-01-11
    🏢
    Company incorporated
    As AZURE GLOBAL PAYROLL LTD
  16. 2023-01-11
    FAHEY, Christopher appointed
    director
  17. 2023-01-11
    📄
    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

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
Mr Christopher Fahey
Individual · British · DOB 06/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control11/01/2023

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

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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
Incorporated2023-01-11
Jurisdictionscotland
Primary SIC78200 — Temporary employment agency activities

Registered office

The Pentagon Centre Suite 225g
36 Washington Street
Glasgow
G3 8AZ
Scotland

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2027-01-02
Last: 2025-12-19

Officers (1 active · 0 resigned)

FAHEY, Christopher
director · ~48y · appointed 2023-01-11
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Zodeq
Zodeq LTD
A registered charge1 property21/10/2024
satisfied
Sonovate
Sonovate Limited
A registered charge15/03/202305/11/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (15 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
accounts-with-accounts-type-medium
accounts · AA
2025-10-02
change-person-director-company-with-change-date
officers · CH01
2025-08-13
change-person-director-company-with-change-date
officers · CH01
2025-01-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-11-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-14
change-account-reference-date-company-current-extended
accounts · AA01
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-15
incorporation-company
incorporation · NEWINC
2023-01-11