ACCI-DENT (GLASGOW EAST) LIMITED

💤Zombieactive
SC247294 · ltd · incorporated 2003-04-04
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 Jun 2025
Net worth
£18.5k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed automotive with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 69). 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
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
50 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £18,522
Cash YoY
+56%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£23k
↑ 56% YoY
Net Worth
£19k
↑ 111% YoY
Current Assets
£34k
↑ 19% YoY
Current Liabilities
£0£7k£14k£20k£27k£34kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets£18.8k£13.0k
Current assets£34.0k£28.7k
Cash£23.4k£15.0k
Debtors£10.6k£13.7k
Net assets£18.5k£8.8k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-01-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2016-04-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-02-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-05-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-01-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-05-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-02-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2003-04-04
    🏢
    Company incorporated
    As ACCI-DENT (GLASGOW EAST) LIMITED
  18. 2003-04-04
    NICOL, Belinda Mary appointed
    secretary
  19. 2003-04-04
    NICOL, William James Alexander appointed
    director
  20. 2003-04-04
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  21. 2003-04-04
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. 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 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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: 2026-04-18

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr William James Alexander Nicol
Individual · British · DOB 02/1957 · age 69
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mrs Belinda Mary Nicol
Individual · British · DOB 06/1965 · age 61
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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
Incorporated2003-04-04
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

29 Brandon Street
Hamilton
South Lanarkshire
ML3 6DA

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-04-18OVERDUE
Last: 2025-04-04

Officers (2 active · 1 resigned)

NICOL, Belinda Mary
secretary · appointed 2003-04-04
View their other companies + combined net worth →
Active
NICOL, William James Alexander
director · ~69y · appointed 2003-04-04
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2003-04-04 · resigned 2003-04-04
Resigned

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

Recent filings (50 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-05