T C I B LLP

💤Zombieactive
SO300352 · llp · incorporated 2004-04-02
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
year to Mar 2025
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

107 live charges · 3 lenders · oldest 22.0y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, no SIC, incorporation date
80
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
107 charges (107/107 with lender, 107/107 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
301 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
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees300300

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals detected in this company's narrative notes — going-concern language, audit opinion, contingent liabilities, related-party transactions.

Available from the Pro tier upwards.

See pricing →

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (244 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-10
    📍
    change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
    address · LLAD01
  3. 2025-06-01
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  4. 2025-06-01
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  5. 2024-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-19
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  7. 2024-12-19
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  8. 2024-12-19
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  9. 2024-12-19
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  10. 2024-12-19
    🔓
    Charge satisfied #105
  11. 2024-12-19
    🔓
    Charge satisfied #101
  12. 2024-12-19
    🔓
    Charge satisfied #70
  13. 2024-12-19
    🔓
    Charge satisfied #44
  14. 2024-11-13
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  15. 2024-11-13
    🔓
    Charge satisfied #35
  16. 2024-06-18
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  17. 2023-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2023-08-31
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  19. 2023-08-31
    📄
    change-person-member-limited-liability-partnership-with-name-change-date
    officers · LLCH01
  20. 2023-08-31
    📄
    change-to-a-person-with-significant-control-limited-liability-partnership
    persons-with-significant-control · LLPSC04
  21. 2023-05-12
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  22. 2023-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2022-12-27
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  24. 2022-12-27
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  25. 2022-12-27
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  26. 2022-12-27
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  27. 2022-12-27
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  28. 2022-12-27
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  29. 2022-12-27
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  30. 2022-12-27
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  31. 2022-12-27
    🔓
    Charge satisfied #106
  32. 2022-12-27
    🔓
    Charge satisfied #104
  33. 2022-12-27
    🔓
    Charge satisfied #102
  34. 2022-12-27
    🔓
    Charge satisfied #98
  35. 2022-12-27
    🔓
    Charge satisfied #97
  36. 2022-12-27
    🔓
    Charge satisfied #96
  37. 2022-12-27
    🔓
    Charge satisfied #95
  38. 2022-12-27
    🔓
    Charge satisfied #94
  39. 2022-12-27
    🔓
    Charge satisfied #93
  40. 2022-12-27
    🔓
    Charge satisfied #92
  41. 2022-12-27
    🔓
    Charge satisfied #91
  42. 2022-12-27
    🔓
    Charge satisfied #88
  43. 2022-12-27
    🔓
    Charge satisfied #87
  44. 2022-12-27
    🔓
    Charge satisfied #86
  45. 2022-12-27
    🔓
    Charge satisfied #85
  46. 2022-12-27
    🔓
    Charge satisfied #84
  47. 2022-12-27
    🔓
    Charge satisfied #83
  48. 2022-12-27
    🔓
    Charge satisfied #82
  49. 2022-12-27
    🔓
    Charge satisfied #81
  50. 2022-12-27
    🔓
    Charge satisfied #79
Showing most recent 50 of 244 events

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

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andy Smith
Individual · British · DOB 09/1968 · age 58
sig. influencesignificant influence31/05/2018

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

6 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
Typellp
Incorporated2004-04-02
Jurisdictionscotland
Primary SIC

Registered office

6 Sneddon Avenue
Wishaw
ML2 8DX
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-26
Last: 2025-05-12

Officers (2 active · 1 resigned)

MCALEENAN, John
llp-designated-member · ~65y · appointed 2004-04-02
View their other companies + combined net worth →
Active
SMITH, Andrew
llp-designated-member · ~58y · appointed 2004-04-02
View their other companies + combined net worth →
Active
DOCHERTY, Patrick
llp-designated-member · ~76y · appointed 2004-04-02 · resigned 2017-07-07
Resigned

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

Mortgages & charges

107
Total charges
0
Outstanding
0
Active lenders
Status:Lender:107 of 107 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201319/12/2024
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge2 properties27/06/201327/05/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201319/12/2024
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201312/02/2018
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201324/11/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201319/12/2024
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201309/02/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201319/12/2024
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property27/06/201327/12/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property18/06/201313/11/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property24/06/201127/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property24/06/201109/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property24/06/201127/12/2022
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property09/06/200927/12/2022
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property13/05/200927/12/2022
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property03/02/200927/12/2022
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property03/02/200927/12/2022
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property03/02/200927/12/2022
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property03/02/200927/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200727/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200727/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200727/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200727/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200727/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200709/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200709/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200727/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200727/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200727/12/2022
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200709/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/10/200729/12/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/01/200609/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/01/200629/12/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property18/03/200509/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/03/200509/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/03/200529/12/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/03/200529/12/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/03/200509/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/03/200529/12/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/03/200509/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/03/200509/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/03/200509/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/03/200509/02/2021
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property15/06/200421/06/2013

Recent filings (301 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
change-registered-office-address-limited-liability-partnership-with-date-old-address-new-address
address · LLAD01
2025-06-10
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-06-01
change-person-member-limited-liability-partnership-with-name-change-date
officers · LLCH01
2025-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-21
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mortgage · LLMR04
2024-12-19
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2024-12-19
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2024-12-19
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2024-12-19
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mortgage · LLMR04
2024-11-13
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2023-12-30
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2023-08-31
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2023-08-31
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persons-with-significant-control · LLPSC04
2023-08-31