EARTHTRACE LTD

🌱Startupactive
SC839997 · ltd · incorporated 2025-03-04
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
67/100
Strong
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What this business does
Primary activity: Data processing, hosting and related activities
Sector: Information & communication
Investor take
Pursue
Active trading company. Reasonable fundamentals — worth a memo before deciding.

Opportunity 67/100 (strong), bankability 65/100. 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: strategic trade sale (65/100).

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Last 180 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2026-03-31
    KENNEDY, Stuart Gordon, Dr resigned
    director
  2. 2026-03-31
    MCLAUGHLIN, Alex James resigned
    director
  3. 2026-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-03-04
    🏢
    Company incorporated
    As EARTHTRACE LTD
  6. 2025-03-04
    WALKER, Antony David, Dr appointed
    director
  7. 2025-03-04
    KENNEDY, Stuart Gordon, Dr appointed
    director
  8. 2025-03-04
    MCLAUGHLIN, Alex James appointed
    director
  9. 2025-03-04
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +Young company: Only 1.2 years old — management layer unlikely to be developed.

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

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: KENNEDY, Stuart Gordon, Dr resigned 2026-03-31; MCLAUGHLIN, Alex James resigned 2026-03-31

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Dr Antony David Walker
Individual · British · DOB 10/1974 · age 52
2550%
25–50%board control25-50% shares · 25-50% voting · board control04/03/2025
Mr Alex James Mclaughlin
Individual · British · DOB 08/1990 · age 36
2550%
25–50%board control25-50% shares · 25-50% voting · board control04/03/2025
Dr Stuart Gordon Kennedy
Individual · British · DOB 09/1982 · age 44
2550%
25–50%board control25-50% shares · 25-50% voting · board control04/03/2025

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 →
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Company details

Statusactive
Typeltd
Incorporated2025-03-04
Jurisdictionscotland
Primary SIC63110 — Data processing, hosting and related activities

Registered office

38 Cramond Park
Cramond
Edinburgh
EH4 6PR
United Kingdom

Filing status

Accounts
Next due: 2026-12-04
Last made up to:
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03

Officers (1 active · 2 resigned)

WALKER, Antony David, Dr
director · ~52y · appointed 2025-03-04
View their other companies + combined net worth →
Active
KENNEDY, Stuart Gordon, Dr
director · ~44y · appointed 2025-03-04 · resigned 2026-03-31
Resigned
MCLAUGHLIN, Alex James
director · ~36y · appointed 2025-03-04 · resigned 2026-03-31
Resigned

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

Recent filings (4 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
incorporation-company
incorporation · NEWINC
2025-03-04