S & SG LTD

💤Zombieactive
SC253571 · ltd · incorporated 2003-07-30
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 Jul 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 03110
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 19.9y

45/100
under pressure

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

  • · Oldest live charge is 19.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 1 with DOB)
73
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
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£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Average employees100100

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 (27 events)Click to expand
  1. 2026-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-28
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  5. 2023-07-24
    COFF, Anna appointed
    secretary
  6. 2023-04-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-06-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-04-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-04-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-04-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-04-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-07-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-04-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2014-04-29
    MACLEOD, William Kenneth resigned
    secretary
  18. 2006-05-26
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  19. 2003-08-21
    MACLEOD, William Kenneth appointed
    secretary
  20. 2003-08-21
    MANN JUDD GORDON resigned
    corporate-secretary
  21. 2003-07-30
    🏢
    Company incorporated
    As S & SG LTD
  22. 2003-07-30
    GILLIES, Malcolm Alexander appointed
    director
  23. 2003-07-30
    MANN JUDD GORDON appointed
    corporate-secretary
  24. 2003-07-30
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2003-07-30
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  26. 2003-07-30
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  27. 2003-07-30
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-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 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

85/100
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 68. 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.
  • 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 Malcolm Alexander Gillies
Individual · British · DOB 06/1958 · age 68
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/06/2016

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

8 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
Incorporated2003-07-30
Jurisdictionscotland
Primary SIC03110 — SIC 03110

Registered office

9 Keith Street
Stornoway
HS1 2QG
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-10
Last: 2025-07-27

Officers (2 active · 4 resigned)

COFF, Anna
secretary · appointed 2023-07-24
View their other companies + combined net worth →
Active
GILLIES, Malcolm Alexander
director · ~68y · appointed 2003-07-30
View their other companies + combined net worth →
Active
MACLEOD, William Kenneth
secretary · appointed 2003-08-21 · resigned 2014-04-29
Resigned
MANN JUDD GORDON
corporate-secretary · appointed 2003-07-30 · resigned 2003-08-21
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2003-07-30 · resigned 2003-07-30
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 2003-07-30 · resigned 2003-07-30
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property26/05/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (56 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-28
appoint-person-secretary-company-with-name-date
officers · AP03
2023-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-06-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-06