CADSCOT LIMITED
💤Zombieactive
SC193675 · ltd · incorporated 1999-02-22
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 Feb 2024
Net worth
£8.1k
book net assets
Opportunity
70/100
Strong
What this business does
Primary activity: Business and domestic software development
Sector: Information & communication
Investor take
Special-situation opportunityDistressed technology with salvageable qualities — special-situations priority.
Opportunity 70/100 (strong), bankability 55/100. Strong seller-intent signal (65/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).
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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
76 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
55
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £8,145
Net assets shrinking
Down £7,238 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£8k
↓ 47% YoY
Current Assets
£14k
↓ 50% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-02-28 | 2023-02-28 |
|---|---|---|
| Total assets | £8.1k | £15.4k |
| Current assets | £13.8k | £27.6k |
| Net assets | £8.1k | £15.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 2 gazette
- • 1 confirmation-statement
Last 180 days
3
filings
- • 2 gazette
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2026-02-18📄gazette-filings-brought-up-to-dategazette · DISS40
- 2026-02-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-11-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-03-26📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-03-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-30📄gazette-notice-compulsorygazette · GAZ1
- 2023-04-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-10📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-01-24📄gazette-notice-compulsorygazette · GAZ1
- 2021-11-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-03-21📄gazette-filings-brought-up-to-dategazette · DISS40
- 2018-01-30📄gazette-notice-compulsorygazette · GAZ1
- 2010-07-17➖CARRUTHERS, John resignedsecretary
- 1999-03-15➕CARRUTHERS, Angus appointeddirector
- 1999-03-15➕CARRUTHERS, John appointedsecretary
- 1999-03-15➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1999-03-15➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1999-02-22🏢Company incorporatedAs CADSCOT LIMITED
- 1999-02-22➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1999-02-22➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
Owner dependency
93/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 63 — approaching natural succession window.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 27 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-11-30
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Angus Carruthers Individual · British · DOB 06/1963 · age 63 | — | — | sig. influencesignificant influence | 09/02/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Technology · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DOCUMENTATION SOLUTIONS LTD→ SC383224 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| DRK PLATFORMS LTD→ SC590490 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ELITEVIRTUALSOLUTIONSUK LTD→ SC858821 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| EMBED SOFTWARE LIMITED→ SC750400 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FIBRE-UK LTD→ SC731731 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| FLUID EYE PRODUCTIONS LIMITED→ SC300015 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| FOREMAN AI LIMITED→ SC883523 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GIALINK LIMITED→ SC299987 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| GOSHEN CONSULT LTD→ SC484978 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| GOVBIZ LIMITED→ SC363757 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| GPMS MEDIA LTD→ SC720527 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| GRACENOTE STUDIOS LTD→ SC616156 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1999-02-22
Jurisdictionscotland
Primary SIC62012 — Business and domestic software development
Registered office
10 Dunbar Place
Kirkcaldy
Fife
KY2 5QS
Filing status
Accounts
Next due: 2025-11-30OVERDUE
Last made up to: 2024-02-28
Confirmation statement
Next due: 2027-03-03
Last: 2026-02-17
Officers (1 active · 3 resigned)
CARRUTHERS, Angus→
Activedirector · ~63y · appointed 1999-03-15
View their other companies + combined net worth →
CARRUTHERS, John→
Resignedsecretary · appointed 1999-03-15 · resigned 2010-07-17
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-02-22 · resigned 1999-03-15
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1999-02-22 · resigned 1999-03-15
Click a director name to see their full track record across all companies.
Recent filings (76 total)
gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-17
gazette-notice-compulsory
gazette · GAZ1
2026-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-26
gazette-filings-brought-up-to-date
gazette · DISS40
2024-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
gazette-notice-compulsory
gazette · GAZ1
2024-01-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-28
gazette-filings-brought-up-to-date
gazette · DISS40
2023-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-09
gazette-notice-compulsory
gazette · GAZ1
2023-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-22
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-12