ACTIV8 LUBRICANTS LIMITED

💤Zombieactive
SC239612 · ltd · incorporated 2002-11-14
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
£-16.7k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 29320
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46750SIC 46750
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -54% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (76/100)

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

Company profile
address, 2 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
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £16,665
Cash draining
Cash down 54% YoY
Cash YoY
-54%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5k
↓ 54% YoY
Net Worth
-£17k
↓ 17% YoY
Current Assets
£6k
↓ 50% YoY
Current Liabilities
-£17k-£11k-£5k£884£7k£13kMar 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£-16.7k£-14.2k
Current assets£6.3k£12.6k
Cash£4.8k£10.5k
Debtors£1.3k£1.2k
Net assets£-16.7k£-14.2k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
4
filings
  • 2 persons-with-significant-control
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-01-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-11-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-01-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-01-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-12-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-12-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2013-04-01
    SIMPSON, Christopher John appointed
    director
  17. 2013-03-31
    SIMPSON, Lorenia Margaret Nicol resigned
    director
  18. 2013-03-31
    SIMPSON, Thomas Herbert George resigned
    director
  19. 2007-02-01
    SIMPSON, Christopher John resigned
    director
  20. 2007-02-01
    SIMPSON, Thomas Herbert George appointed
    director
  21. 2002-11-14
    🏢
    Company incorporated
    As ACTIV8 LUBRICANTS LIMITED
  22. 2002-11-14
    SIMPSON, Christopher John appointed
    secretary
  23. 2002-11-14
    WATERLOW SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  24. 2002-11-14
    WATERLOW SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  25. 2002-11-14
    SIMPSON, Christopher John appointed
    director
  26. 2002-11-14
    SIMPSON, Lorenia Margaret Nicol appointed
    director
  27. 2002-11-14
    WATERLOW NOMINEES LIMITED appointed
    corporate-nominee-director
  28. 2002-11-14
    WATERLOW NOMINEES LIMITED resigned
    corporate-nominee-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

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 13 years.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christopher John Simpson
Individual · British · DOB 07/1971 · age 55
5075%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Thomas Herbert George Simpsonceased 19/06/2024· 25-50% shares

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
Typeltd
Incorporated2002-11-14
Jurisdictionscotland
Primary SIC29320 — SIC 29320

Registered office

Millriggs Park
Hightae
Lockerbie
Dumfriesshire
DG11 1JL

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-28
Last: 2025-11-14

Officers (2 active · 5 resigned)

SIMPSON, Christopher John
secretary · appointed 2002-11-14
View their other companies + combined net worth →
Active
SIMPSON, Christopher John
director · ~55y · appointed 2013-04-01
View their other companies + combined net worth →
Active
WATERLOW SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2002-11-14 · resigned 2002-11-14
Resigned
SIMPSON, Christopher John
director · ~55y · appointed 2002-11-14 · resigned 2007-02-01
Resigned
SIMPSON, Lorenia Margaret Nicol
director · ~56y · appointed 2002-11-14 · resigned 2013-03-31
Resigned
SIMPSON, Thomas Herbert George
director · ~84y · appointed 2007-02-01 · resigned 2013-03-31
Resigned
WATERLOW NOMINEES LIMITED
corporate-nominee-director · appointed 2002-11-14 · resigned 2002-11-14
Resigned

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

Recent filings (68 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-26