SPX4U3 LIMITED
💤Zombieactive
SC764645 · ltd · incorporated 2023-04-03
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
71/100
Strong
What this business does
Primary activity: SIC 47782
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 71/100 (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: medium (78/100)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
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-25➖BATES, Donald resigneddirector
- 2025-07-25📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-25📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-14➖CAMPBELL, Iain William resigneddirector
- 2024-05-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-26📄capital-allotment-sharescapital · SH01
- 2023-10-24➕JAMES, Alastair Iain appointeddirector
- 2023-10-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-10-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-10-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-05-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-05-11📄capital-allotment-sharescapital · SH01
- 2023-05-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-01➕CAMPBELL, Iain William appointeddirector
- 2023-04-03🏢Company incorporatedAs SPX4U3 LIMITED
- 2023-04-03➕BATES, Donald appointeddirector
- 2023-04-03📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alastair Iain James Individual · Scottish · DOB 10/1977 · age 49 | 75–100% | — | 75-100% shares | 24/10/2023 |
2 historic (ceased) PSCs
- Mr Iain William Campbellceased 24/07/2025· 25-50% shares · 25-50% voting
- Mr Donald Batesceased 25/07/2025· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| THE DOGMA DOG SERVICES LTD→ SC656538 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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| THE HIVE SCOTLAND LTD→ SC777708 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| THE HOODED REALM LIMITED→ SC842422 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| THE HUB ON THE HIGH STREET LTD→ SC616464 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| THE KILT STUDIO LIMITED→ SC797940 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| THE KNIGHTS VAULT LTD→ SC363604 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| THE QUEEN STREET ART STUDIO LTD→ SC696993 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| THE WEE BOUTIQUE LTD→ SC820001 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THE WEE SOUK LTD.→ SC728701 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| THE WILD WOOL COMPANY LTD→ SC811153 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| THEWORLDISYOURS LTD→ SC704751 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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
Incorporated2023-04-03
Jurisdictionscotland
Primary SIC47782 — SIC 47782
Registered office
62 Niddrie Mains Road
Edinburgh
EH16 4BG
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02
Officers (1 active · 2 resigned)
JAMES, Alastair Iain→
Activedirector · ~49y · appointed 2023-10-24
View their other companies + combined net worth →
BATES, Donald→
Resigneddirector · ~73y · appointed 2023-04-03 · resigned 2025-07-25
CAMPBELL, Iain William→
Resigneddirector · ~64y · appointed 2023-05-01 · resigned 2024-05-14
Click a director name to see their full track record across all companies.
Recent filings (20 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-25
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-25
termination-director-company-with-name-termination-date
officers · TM01
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-22
termination-director-company-with-name-termination-date
officers · TM01
2024-05-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-03
capital-allotment-shares
capital · SH01
2023-10-26
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-24
appoint-person-director-company-with-name-date
officers · AP01
2023-10-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-10-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-05-11