MITHRAS CAPITAL FUND, LP
💤Zombieactive
SL005832 · limited-partnership · incorporated 2006-08-07
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
—
not disclosed
Net worth
—
book net assets
Opportunity
54/100
Worth a look
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 54/100 (worth a look), bankability 65/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: low (41/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, no SIC, incorporation date
80
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
No officers data
0
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
60
Adequate data — full accounts will sharpen view.
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 (26 events)Click to expand
- 2025-04-22📄legacyincorporation · LP6
- 2024-08-12📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2023-12-19📄change-to-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC05
- 2023-08-08📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2022-08-24📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2021-08-10📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2020-08-12📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2019-08-22📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2019-08-22📄change-to-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC05
- 2019-03-05📄legacyincorporation · LP6
- 2018-08-07📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2018-06-21📄notification-of-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC02
- 2018-06-15📄notification-of-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC02
- 2018-06-15📄notification-of-a-person-with-significant-control-scottish-limited-partnershippersons-with-significant-control · SLPPSC02
- 2017-08-24📄confirmation-statement-with-made-up-dateconfirmation-statement · SLPCS01
- 2015-08-11📄legacyincorporation · LP6
- 2014-12-24📄legacyincorporation · LP6
- 2014-04-05📄legacymiscellaneous · PRE14
- 2008-04-18📄legacyincorporation · LP6
- 2007-04-06📄legacyincorporation · LP6
- 2007-04-05📄legacyincorporation · LP6
- 2007-04-05📄legacyincorporation · LP6
- 2007-04-05✏️certificate-change-of-name-limited-partnershipchange-of-name · CERT13
- 2007-03-30📄legacyincorporation · LP6
- 2006-08-08📄certificate-registration-limited-partnershipincorporation · CERT12
- 2006-08-07🏢Company incorporatedAs MITHRAS CAPITAL FUND, LP
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +No director turnover: Company is 20 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
2 high ·Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-08-20
No active directors on record
highCompany is active but has no current directors in the register. This is unusual and should be investigated.
Group structure
3 corporate shareholders identified. Group structure is distributed.
🏛️
Mithras Capital Partners Llp
Corporate parent
🏛️
Mithras Capital Partners Gp Limited
Corporate parent
🏛️
Mithras Investment Trust Plc
Corporate parent
⬇
MITHRAS CAPITAL FUND, LP
This company · SL005832
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mithras Capital Partners Llp Corporate entity | — | — | sig. influencesignificant influence | 26/06/2017 |
Mithras Capital Partners Gp Limited Corporate entity | — | — | control reported | 26/06/2017 |
Mithras Investment Trust Plc Corporate entity | — | — | control reported | 26/06/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SIMO TRADE LP→ SL019658 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| SIMPLEWAY DESIGN LP→ SL010109 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| SIRACUSA LP→ SL016901 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SKYSTREAM CAPITAL L.P.→ SL017067 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SL007479 LP→ SL007479 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| SL008110 LP→ SL008110 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| SL015701 LP→ SL015701 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| SL016501 LP→ SL016501 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| SL020320 LP→ SL020320 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| SL020366 LP→ SL020366 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| SL020470 LP→ SL020470 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SL020523 LP→ SL020523 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Typelimited-partnership
Incorporated2006-08-07
Jurisdictionscotland
Primary SIC—
Registered office
50 Lothian Road
Festival Square
Edinburgh
EH3 9WJ
Filing status
Accounts
Next due: —
Last made up to: —
Confirmation statement
Next due: 2025-08-20OVERDUE
Last: 2024-08-06
Officers (0 active · 0 resigned)
Recent filings (26 total)
legacy
incorporation · LP6
2025-04-22
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2024-08-12
change-to-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC05
2023-12-19
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2023-08-08
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2022-08-24
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2021-08-10
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2020-08-12
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2019-08-22
change-to-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC05
2019-08-22
legacy
incorporation · LP6
2019-03-05
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2018-08-07
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2018-06-21
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2018-06-15
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2018-06-15
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2017-08-24