TENZING PE III CARRIED INTEREST LP

💤Zombieactive
SL036136 · limited-partnership · incorporated 2023-01-10
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
60/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

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

Opportunity 60/100 (worth a look), bankability 70/100. 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
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth 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
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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-01-21
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  2. 2025-10-17
    📄
    change-to-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC05
  3. 2025-10-17
    📄
    notification-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC02
  4. 2025-10-10
    📄
    legacy
    incorporation · LP6
  5. 2025-01-14
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  6. 2024-08-08
    📄
    legacy
    incorporation · LP6
  7. 2024-08-07
    📄
    legacy
    incorporation · LP6
  8. 2024-08-02
    📄
    cessation-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC07
  9. 2024-08-02
    📄
    notification-of-a-person-with-significant-control-scottish-limited-partnership
    persons-with-significant-control · SLPPSC02
  10. 2024-01-25
    📄
    confirmation-statement-with-made-up-date
    confirmation-statement · SLPCS01
  11. 2023-01-10
    🏢
    Company incorporated
    As TENZING PE III CARRIED INTEREST LP
  12. 2023-01-10
    📄
    registration-and-designation-as-a-private-fund-limited-partnership
    incorporation · LP7(S)

Owner dependency

50/100
Moderate — manageable with handover

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

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

3 corporate shareholders identified. Group structure is distributed.

🏛️
Norgay Ii Lp
Corporate parent
🏛️
Tenzing Private Equity Llp
Corporate parent
🏛️
Tenzing Pe Iii Gp Llp
Corporate parent
TENZING PE III CARRIED INTEREST LP
This company · SL036136

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Norgay Ii Lp
Corporate entity
control reported30/07/2024
Tenzing Private Equity Llp
Corporate entity
sig. influencesignificant influence30/07/2024
Tenzing Pe Iii Gp Llp
Corporate entity
control reported10/01/2023
1 historic (ceased) PSC
  • Tenzing Pe Second Member Ltdceased 30/07/2024· control reported

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
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
VIKING IMPEX LP
SL010174 · est 2012 · no financials extracted
14y
VINA DEL MAR LP
SL004580 · est 2002 · no financials extracted
23y
VINDEX 1 SCOTTISH LIMITED PARTNERSHIP
SL005524 · est 2005 · no financials extracted
20y
VINE STREET XI LP
SL035357 · est 2021 · no financials extracted
4y
VINE STREET XV LP
SL037771 · est 2025 · no financials extracted
VINGILOT LTD
SC716100 · est 2021 · no financials extracted
4y
VINILO CONSULTING LP
SL028553 · est 2016 · no financials extracted
9y
VINPONT INVESTMENT TRADING (SCOTLAND) PARTNERSHIP SP
SG000625 · est 2022 · no financials extracted
3y
VINTAGE ALLIANCE LP
SL031610 · est 2017 · no financials extracted
8y
VINTAGE FUND VI EUROPE MASTER FUND, L.P.
SL010560 · est 2012 · no financials extracted
14y
VINTAGE FUND VI EUROPE, L.P.
SL010561 · est 2012 · no financials extracted
14y
VINTAGE II PRIMARY L.P.
SL009608 · est 2011 · no financials extracted
14y
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
Incorporated2023-01-10
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: 2027-01-23
Last: 2026-01-09

Officers (0 active · 0 resigned)

Recent filings (11 total)

confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2026-01-21
change-to-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC05
2025-10-17
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2025-10-17
legacy
incorporation · LP6
2025-10-10
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2025-01-14
legacy
incorporation · LP6
2024-08-08
legacy
incorporation · LP6
2024-08-07
cessation-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC07
2024-08-02
notification-of-a-person-with-significant-control-scottish-limited-partnership
persons-with-significant-control · SLPPSC02
2024-08-02
confirmation-statement-with-made-up-date
confirmation-statement · SLPCS01
2024-01-25
registration-and-designation-as-a-private-fund-limited-partnership
incorporation · LP7(S)
2023-01-10