EL28 LIMITED
🌿Early-stageactive
SC770940 · ltd · incorporated 2023-05-30
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueStrong opportunity: active trading company with strong profile and acceptable with review structure.
Opportunity 70/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (76/100)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 (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
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
82
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 | 2025-05-31 | 2024-05-31 |
|---|
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
- 2025-09-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-06-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-01-14➕TSETOURAS., :Ioannis: appointeddirector
- 2025-01-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-27➕IOANNIS TSETOURAS LTD appointedcorporate-director
- 2024-06-27➖TSETOURAS., :Ioannis: resigneddirector
- 2024-06-27📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2024-06-27📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-30🏢Company incorporatedAs EL28 LIMITED
- 2023-05-30➕TSETOURAS., :Ioannis: appointeddirector
- 2023-05-30📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Young company: Only 2.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
:Ioannis: Tsetouras. Individual · Greek · DOB 08/1970 · age 56 | 75–100% | 50–75% | board control75-100% shares · 75-100% voting · board control | 30/05/2023 |
Afroditi Tsetoura Individual · Greek · DOB 11/1996 · age 30 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/05/2023 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| G H C LEITH (PROPERTIES) LIMITED→ SC062662 · est 1977 · no financials extracted | — | — | — | — | 48y | — | — |
| GARY MCNAMARA ENGINEERING SERVICES LTD.→ SC390007 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GB ESTIMATING SOLUTIONS LTD→ SC434407 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| GEBS CONSULTING LIMITED→ SC666471 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GEORGE VANCE INSPECTION LTD→ SC643343 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GILES RENEWABLES LIMITED→ SC381483 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| GMC LIMITED→ SC125555 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| GMCR PROPERTIES LIMITED→ SC291225 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| GML CONTRACTS LIMITED→ SC446698 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| GOODGRUN LTD→ SC506067 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| GP SHIPPING SERVICES LTD→ SC343435 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| GQS GROUP LIMITED→ SC758822 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2023-05-30
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Braeside Cottage
Banchory Devenick
Aberdeen
AB12 5XP
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-11
Last: 2025-05-28
Officers (2 active · 1 resigned)
TSETOURAS., :Ioannis:→
Activedirector · ~56y · appointed 2025-01-14
View their other companies + combined net worth →
IOANNIS TSETOURAS LTD→
Activecorporate-director · appointed 2024-06-27
View their other companies + combined net worth →
TSETOURAS., :Ioannis:→
Resigneddirector · ~56y · appointed 2023-05-30 · resigned 2024-06-27
Click a director name to see their full track record across all companies.
Recent filings (12 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-25
accounts-with-accounts-type-dormant
accounts · AA
2025-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
appoint-person-director-company-with-name-date
officers · AP01
2025-01-14
appoint-corporate-director-company-with-name-date
officers · AP02
2024-06-27
termination-director-company-with-name-termination-date
officers · TM01
2024-06-27
accounts-with-accounts-type-dormant
accounts · AA
2024-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-11
incorporation-company
incorporation · NEWINC
2023-05-30