HARBOURVEST PARTNERS CO-INVESTMENT IV AIF L.P.

💤Zombieactive
SL021192 · limited-partnership · incorporated 2015-06-25
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
63/100
Worth a look
🔔
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What this business does

A Scotland-based alternative investment fund (AIF) structured as a limited partnership, this vehicle most likely operates as a passive co-investment fund managed by HarbourVest Partners, pooling capital to make minority equity investments alongside private equity funds rather than conducting active day-to-day operations.

Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 63/100 (worth a look), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: No active directors on record. Company is active but has no current directors in the register. This is unusual and should be investigated. 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
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
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
  1. 2025-06-26
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  2. 2024-06-27
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  3. 2023-06-30
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  4. 2023-01-24
    📄
    legacy
    incorporation · LP6
  5. 2022-10-17
    📄
    legacy
    incorporation · LP6
  6. 2022-07-11
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  7. 2021-06-25
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  8. 2020-12-21
    📄
    legacy
    incorporation · LP6
  9. 2020-07-02
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  10. 2019-07-08
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  11. 2019-04-30
    📄
    cessation-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC07
  12. 2019-04-15
    📄
    notification-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC02
  13. 2019-02-06
    📄
    legacy
    incorporation · LP6
  14. 2018-10-31
    📄
    legacy
    incorporation · LP6
  15. 2018-06-27
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  16. 2017-08-14
    📄
    notification-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC02
  17. 2017-08-09
    📄
    legacy
    incorporation · LP6
  18. 2017-08-09
    📄
    legacy
    incorporation · LP6
  19. 2017-05-04
    📄
    legacy
    incorporation · LP6
  20. 2017-03-03
    📄
    legacy
    incorporation · LP6
  21. 2017-01-12
    📄
    legacy
    incorporation · LP6
  22. 2016-10-26
    📄
    legacy
    incorporation · LP6
  23. 2016-08-17
    📄
    legacy
    incorporation · LP6
  24. 2016-05-20
    📄
    legacy
    incorporation · LP6
  25. 2015-11-13
    📄
    legacy
    incorporation · LP6
  26. 2015-06-25
    🏢
    Company incorporated
    As HARBOURVEST PARTNERS CO-INVESTMENT IV AIF L.P.

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high ·
No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

Group structure

Harbourvest Partners (U.K.) Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Harbourvest Partners (U.K.) Limited
Corporate parent
HARBOURVEST PARTNERS CO-INVESTMENT IV AIF L.P.
This company · SL021192

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Harbourvest Partners (U.K.) Limited
Corporate entity
sig. influencesignificant influence29/03/2019
1 historic (ceased) PSC
  • Harbourvest Partners (Europe) Limitedceased 29/03/2019· significant influence

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

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.

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Company details

Statusactive
Typelimited-partnership
Incorporated2015-06-25
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: 2026-07-08
Last: 2025-06-24

Officers (0 active · 0 resigned)

Recent filings (27 total)

confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2025-06-26
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2024-06-27
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2023-06-30
legacy
incorporation · LP6
2023-01-24
legacy
incorporation · LP6
2022-10-17
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2022-07-11
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2021-06-25
legacy
incorporation · LP6
2020-12-21
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2020-07-02
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2019-07-08
cessation-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC07
2019-04-30
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2019-04-15
legacy
incorporation · LP6
2019-02-06
legacy
incorporation · LP6
2018-10-31
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2018-06-27