PSP MEDIA GROUP LTD

💤Zombieactive
SC158316 · ltd · incorporated 1995-05-31
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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What this business does
Primary activity: Publishing of consumer and business journals and periodicals
Sector: Information & communication
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. 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: strategic trade sale (65/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 30.2y

15/100
under pressure

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

  • · Oldest live charge is 30.2 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (74/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
126 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
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees26

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

🔒Filing-note intelligence

2 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
2
filings
  • • 2 officers
Last 90 days
2
filings
  • • 2 officers
Last 180 days
3
filings
  • • 2 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2026-04-01
    ➕
    MCCALL, Peter appointed
    secretary
  2. 2026-04-01
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  3. 2026-04-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2026-03-31
    ➖
    EVANS, Susannah resigned
    secretary
  5. 2025-12-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2024-12-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2023-12-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2022-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2022-04-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-03-31
    ➖
    GRANT, Paul resigned
    director
  11. 2022-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2021-12-31
    ➖
    WATSON, Michael resigned
    director
  13. 2021-12-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2021-12-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2021-11-29
    ➖
    LOVERING, Thomas Brian resigned
    director
  16. 2021-04-01
    ➖
    WATSON, Ellis Alan Nicholas resigned
    director
  17. 2021-04-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2021-01-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2019-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-06-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  21. 2019-06-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2019-06-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  23. 2019-04-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2019-04-16
    🔓
    Charge satisfied #3
  25. 2019-04-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2019-04-04
    ➕
    THOMSON, David Howard Eric appointed
    director
  27. 2019-04-04
    ➕
    EVANS, Susannah appointed
    secretary
  28. 2019-04-04
    ➖
    LOVERING, Thomas resigned
    secretary
  29. 2019-04-04
    ➕
    WATSON, Ellis Alan Nicholas appointed
    director
  30. 2019-04-04
    ➕
    WATSON, Michael appointed
    director
  31. 2017-10-11
    ➖
    THOMSON, William Gordon resigned
    director
  32. 2017-10-11
    ➖
    WEMYSS, Michael James resigned
    director
  33. 2014-04-04
    🔓
    Charge satisfied #2
  34. 2014-04-04
    🔓
    Charge satisfied #1
  35. 2012-12-31
    ➖
    MCCANN, Stephen resigned
    director
  36. 2011-08-17
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  37. 2000-04-10
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  38. 1997-05-28
    ➕
    LOVERING, Thomas Brian appointed
    director
  39. 1997-05-28
    ➕
    THOMSON, William Gordon appointed
    director
  40. 1997-05-28
    ➕
    WEMYSS, Michael James appointed
    director
  41. 1996-02-15
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  42. 1995-05-31
    🏢
    Company incorporated
    As PSP MEDIA GROUP LTD
  43. 1995-05-31
    ➕
    LOVERING, Thomas appointed
    secretary
  44. 1995-05-31
    ➕
    REID, Brian appointed
    secretary
  45. 1995-05-31
    ➖
    REID, Brian resigned
    secretary
  46. 1995-05-31
    ➕
    GRANT, Paul appointed
    director
  47. 1995-05-31
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  48. 1995-05-31
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  49. 1995-05-31
    ➕
    MCCANN, Stephen appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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.

Group structure

D.C. Thomson Magazine Publishinglimited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
D.C. Thomson Magazine Publishinglimited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
PSP MEDIA GROUP LTD
This company · SC158316

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
D.C. Thomson Magazine Publishinglimited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting04/04/2019
2 historic (ceased) PSCs
  • Thomas Loveringceased 04/04/2019· 25-50% shares · 25-50% voting
  • Mr Eugene Paul Grantceased 04/04/2019· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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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
Typeltd
Incorporated1995-05-31
Jurisdictionscotland
Primary SIC58142 — Publishing of consumer and business journals and periodicals

Registered office

Courier Buildings
2 Albert Square
Dundee
DD1 9QJ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31

Officers (2 active · 11 resigned)

MCCALL, Peter→
secretary · appointed 2026-04-01
View their other companies + combined net worth →
Active
THOMSON, David Howard Eric→
director · ~53y · appointed 2019-04-04
View their other companies + combined net worth →
Active
EVANS, Susannah→
secretary · appointed 2019-04-04 · resigned 2026-03-31
Resigned
LOVERING, Thomas→
secretary · appointed 1995-05-31 · resigned 2019-04-04
Resigned
REID, Brian→
secretary · appointed 1995-05-31 · resigned 1995-05-31
Resigned
GRANT, Paul→
director · ~60y · appointed 1995-05-31 · resigned 2022-03-31
Resigned
LOVERING, Thomas Brian→
director · ~58y · appointed 1997-05-28 · resigned 2021-11-29
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1995-05-31 · resigned 1995-05-31
Resigned
MCCANN, Stephen→
director · ~56y · appointed 1995-05-31 · resigned 2012-12-31
Resigned
THOMSON, William Gordon→
director · ~80y · appointed 1997-05-28 · resigned 2017-10-11
Resigned
WATSON, Ellis Alan Nicholas→
director · ~59y · appointed 2019-04-04 · resigned 2021-04-01
Resigned
WATSON, Michael→
director · ~53y · appointed 2019-04-04 · resigned 2021-12-31
Resigned
WEMYSS, Michael James→
director · ~79y · appointed 1997-05-28 · resigned 2017-10-11
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property17/08/201116/04/2019
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property10/04/200004/04/2014
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property15/02/199604/04/2014

Recent filings (126 total)

appoint-person-secretary-company-with-name-date
officers · AP03
2026-04-01
termination-secretary-company-with-name-termination-date
officers · TM02
2026-04-01
accounts-with-accounts-type-small
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-02
accounts-with-accounts-type-small
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
accounts-with-accounts-type-small
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-small
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-13
termination-director-company-with-name-termination-date
officers · TM01
2022-04-07
termination-director-company-with-name-termination-date
officers · TM01
2022-01-14
accounts-with-accounts-type-small
accounts · AA
2021-12-22
termination-director-company-with-name-termination-date
officers · TM01
2021-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-03