PROMETHIUS DEVELOPMENTS LIMITED

💤Zombieactive
SC216882 · ltd · incorporated 2001-03-14
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
72/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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 (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
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.

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

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

Recent activity

Last 30 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-04-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-10
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-12-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-11-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2024-01-19
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-04-28
    MELVILLE, Isabel resigned
    director
  7. 2023-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2022-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-12-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-12-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2019-12-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2018-11-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2017-11-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-11-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2016-03-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-12-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2001-03-14
    🏢
    Company incorporated
    As PROMETHIUS DEVELOPMENTS LIMITED
  19. 2001-03-14
    GOODFELLOW, Rae James appointed
    secretary
  20. 2001-03-14
    GOODFELLOW, Rae James appointed
    director
  21. 2001-03-14
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  22. 2001-03-14
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  23. 2001-03-14
    MELVILLE, Isabel appointed
    director

Owner dependency

100/100
Critical — business is the founder

The 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 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Rae James Goodfellow
Individual · British · DOB 05/1949 · age 77
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/06/2016

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

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
Incorporated2001-03-14
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Garden House School Road
Coupar Angus
Blairgowrie
Perthshire
PH13 9AS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-28OVERDUE
Last: 2025-03-14

Officers (2 active · 2 resigned)

GOODFELLOW, Rae James
secretary · appointed 2001-03-14
View their other companies + combined net worth →
Active
GOODFELLOW, Rae James
director · ~77y · appointed 2001-03-14
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2001-03-14 · resigned 2001-03-14
Resigned
MELVILLE, Isabel
director · ~72y · appointed 2001-03-14 · resigned 2023-04-28
Resigned

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

Recent filings (63 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-21
dissolution-application-strike-off-company
dissolution · DS01
2026-04-10
accounts-with-accounts-type-dormant
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-dormant
accounts · AA
2024-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-dormant
accounts · AA
2024-01-19
termination-director-company-with-name-termination-date
officers · TM01
2023-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-14
accounts-with-accounts-type-dormant
accounts · AA
2022-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-14
accounts-with-accounts-type-dormant
accounts · AA
2021-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-26
accounts-with-accounts-type-dormant
accounts · AA
2020-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-20