WAKEFUL FR261 LLP
💤Zombieactive
SO306824 · llp · incorporated 2019-10-02
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 Dec 2024
Net worth
£362.5k
book net assets
Opportunity
69/100
Strong
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -93% 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 · 2 lenders · oldest 6.3y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (75/100)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
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
2 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
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £362,500
Very low cash
Cash position: £26
Cash draining
Cash down 93% YoY
Cash YoY
-93%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£26
↓ 93% YoY
Net Worth
£363k
~ YoY
Current Assets
£333k
↓ 3.6% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £480.3k | £514.1k |
| Current assets | £332.7k | £345.1k |
| Cash | £26 | £361 |
| Debtors | £332.6k | £344.8k |
| Net assets | £362.5k | £362.5k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2025-10-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2025-03-03📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2025-03-03📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2025-03-03📄mortgage-satisfy-charge-full-limited-liability-partnershipmortgage · LLMR04
- 2025-03-03🔓Charge satisfied #4
- 2025-03-03🔓Charge satisfied #3
- 2025-03-03🔓Charge satisfied #2
- 2024-10-29📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2024-10-29📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2024-10-29📄cessation-of-a-person-with-significant-control-limited-liability-partnershippersons-with-significant-control · LLPSC07
- 2024-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-07➖DAVID PRICE (WHITBY) LIMITED resignedcorporate-llp-designated-member
- 2023-10-12📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2023-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-04📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2022-09-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-06📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-13📄confirmation-statement-with-no-updatesconfirmation-statement · LLCS01
- 2020-09-15📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2020-09-11➖WHITBURGH LIMITED resignedcorporate-llp-designated-member
- 2020-01-29📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-01-29📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-01-29📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-01-20📄mortgage-create-with-deed-with-charge-number-charge-creation-date-limited-liability-partnershipmortgage · LLMR01
- 2020-01-15🔒Charge registered #4Lender: Clydesdale Bank PLC
- 2020-01-15🔒Charge registered #3Lender: Clydesdale Bank PLC
- 2020-01-15🔒Charge registered #2Lender: Clydesdale Bank PLC
- 2020-01-15🔒Charge registered #1Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2019-12-03➖PRICE, David Anthony resignedllp-designated-member
- 2019-12-03➕DAVID PRICE (WHITBY) LIMITED appointedcorporate-llp-designated-member
- 2019-12-03📄appoint-corporate-member-limited-liability-partnership-with-appointment-dateofficers · LLAP02
- 2019-12-03📄termination-member-limited-liability-partnership-with-name-termination-dateofficers · LLTM01
- 2019-12-03📍change-registered-office-address-limited-liability-partnership-with-date-old-address-new-addressaddress · LLAD01
- 2019-10-02🏢Company incorporatedAs WAKEFUL FR261 LLP
- 2019-10-02➕WHITBY SEAFOODS LIMITED appointedcorporate-llp-designated-member
- 2019-10-02➕PRICE, David Anthony appointedllp-designated-member
- 2019-10-02➕WHITBURGH LIMITED appointedcorporate-llp-designated-member
- 2019-10-02📄change-account-reference-date-limited-liability-partnership-current-extendedaccounts · LLAA01
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
30/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
2 corporate shareholders identified. Group structure is distributed.
🏛️
Whitby Seafoods Limited
Corporate parent
🏛️
Whitburgh Limited
Corporate parent
⬇
WAKEFUL FR261 LLP
This company · SO306824
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Whitby Seafoods Limited Corporate entity | — | — | control reported | 02/10/2019 |
Whitburgh Limited Corporate entity | — | — | control reported | 02/10/2019 |
1 historic (ceased) PSC
- Mr David Anthony Priceceased 07/05/2024· control reported
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · same sector · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| S AZIZ & COMPANY LIMITED→ SC583444 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| SKINNY PINK HIPPO LIMITED→ SC802223 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| TECHLINGS LTD→ SC504441 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| TRUE CONSTANT LTD→ SC715215 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| TULLOS TRAINING LIMITED→ SC068734 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| TURAS SPIRITS LTD→ SC539739 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| TVR COMMISSIONING LTD→ SC504111 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| TWO ACROSS LTD→ SC832120 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| TYMOR MARINE LTD→ SC329166 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| UAC SCOTLAND LIMITED→ SC563739 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| UAINE ENVIRONMENTAL LIMITED→ SC775840 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| UCM LOOMS LIMITED→ SC558285 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2019-10-02
Jurisdictionscotland
Primary SIC—
Registered office
Heritage House
141 Shore Street
Fraserburgh
Aberdeenshire
AB43 9BP
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01
Officers (1 active · 3 resigned)
WHITBY SEAFOODS LIMITED→
Activecorporate-llp-designated-member · appointed 2019-10-02
View their other companies + combined net worth →
PRICE, David Anthony→
Resignedllp-designated-member · ~57y · appointed 2019-10-02 · resigned 2019-12-03
DAVID PRICE (WHITBY) LIMITED→
Resignedcorporate-llp-designated-member · appointed 2019-12-03 · resigned 2024-05-07
WHITBURGH LIMITED→
Resignedcorporate-llp-designated-member · appointed 2019-10-02 · resigned 2020-09-11
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | — | 15/01/2020 | 03/03/2025 | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | — | 15/01/2020 | 03/03/2025 | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 15/01/2020 | 03/03/2025 | |
| outstanding | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 15/01/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (26 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-13
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2025-10-13
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2025-03-03
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2025-03-03
mortgage-satisfy-charge-full-limited-liability-partnership
mortgage · LLMR04
2025-03-03
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2024-10-29
termination-member-limited-liability-partnership-with-name-termination-date
officers · LLTM01
2024-10-29
cessation-of-a-person-with-significant-control-limited-liability-partnership
persons-with-significant-control · LLPSC07
2024-10-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-20
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2023-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-23
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2022-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · LLCS01
2021-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30