SCOTBARK LLP

💤Zombieactive
SO305444 · llp · incorporated 2015-08-26
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
73/100
Strong
🔔
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Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -59% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · oldest 10.3y

45/100
under pressure

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

  • · Oldest live charge is 10.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 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
73/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Cash draining
Cash down 59% YoY
Cash YoY
-59%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£337k
↓ 59% YoY
Net Worth
Current Assets
£1.4m
↓ 25% YoY
Current Liabilities
£0£365k£730k£1.1m£1.5m£1.8mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£4.17M£3.88M
Current assets£1.37M£1.82M
Cash£336.9k£821.9k
Debtors£998.6k£953.3k

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

🔒Filing-note intelligence

1 signal 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 (33 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-04
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  3. 2025-08-04
    📄
    mortgage-satisfy-charge-full-limited-liability-partnership
    mortgage · LLMR04
  4. 2025-08-04
    🔓
    Charge satisfied #3
  5. 2025-03-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-09-17
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  7. 2023-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-09-28
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  9. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-10-18
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  11. 2022-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-08-24
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  13. 2021-04-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  14. 2021-04-03
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  15. 2020-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-08-24
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  17. 2020-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-08-21
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  19. 2018-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-08-27
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  21. 2018-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2017-08-28
    📄
    confirmation-statement-with-no-updates
    confirmation-statement · LLCS01
  23. 2017-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2016-12-22
    📄
    change-account-reference-date-limited-liability-partnership-previous-shortened
    accounts · LLAA01
  25. 2016-11-14
    📄
    confirmation-statement-with-updates
    confirmation-statement · LLCS01
  26. 2016-04-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  27. 2016-04-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
    mortgage · LLMR01
  28. 2016-04-07
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  29. 2016-04-06
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  30. 2016-02-16
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  31. 2015-08-26
    🏢
    Company incorporated
    As SCOTBARK LLP
  32. 2015-08-26
    CATTO, Glenda Jane appointed
    llp-designated-member
  33. 2015-08-26
    CATTO, Stuart Alexander appointed
    llp-designated-member

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ms Glenda Jane Catto
Individual · British · DOB 01/1975 · age 51
sig. influencesignificant influence06/04/2016
Mr Stuart Alexander Catto
Individual · British · DOB 02/1979 · age 47
sig. influencesignificant influence06/04/2016

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.

See pricing →

Company details

Statusactive
Typellp
Incorporated2015-08-26
Jurisdictionscotland
Primary SIC

Registered office

41 Culduthel Road
Inverness
IV2 4AT
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04

Officers (2 active · 0 resigned)

CATTO, Glenda Jane
llp-designated-member · ~51y · appointed 2015-08-26
View their other companies + combined net worth →
Active
CATTO, Stuart Alexander
llp-designated-member · ~47y · appointed 2015-08-26
View their other companies + combined net worth →
Active

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

Mortgages & charges

4
Total charges
3
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property03/04/2021
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property07/04/201604/08/2025
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property06/04/2016
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge16/02/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (27 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-09-04
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2025-08-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-17
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-25
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-08-24
mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnership
mortgage · LLMR01
2021-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-23
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2020-08-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-08