ANDSTRAT (NO. 175) LIMITED
💤Zombieactive
SC256565 · ltd · incorporated 2003-09-23
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 Sept 2024
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
PursueStrong opportunity: dormant / non-trading with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 22.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2026-02-24📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2025-09-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-22➖TRIPP, Euan Charles Morgan resigneddirector
- 2025-06-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-06-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-12-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-12-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-12📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-12-12📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2023-06-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-01-30📄change-person-director-company-with-change-dateofficers · CH01
- 2022-09-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-06-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-07-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-07-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-07-07➖HENDERSON, Colin Bruce resigneddirector
- 2021-07-07➕TRIPP, Euan Charles Morgan appointeddirector
- 2021-05-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-06-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-28📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-07-05➕JOHNSTONE, Alasdair Scott appointeddirector
- 2019-03-17➖KERR, John Neilson resigneddirector
- 2011-10-18🔓Charge satisfied #1
- 2007-11-26➕AS COMPANY SERVICES LIMITED appointedcorporate-secretary
- 2007-11-26➖ANDERSON STRATHERN WS resignedcorporate-secretary
- 2005-03-16➖BROWN, Simon Thomas David resigneddirector
- 2005-03-16➕HENDERSON, Colin Bruce appointeddirector
- 2003-12-18🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-09-23🏢Company incorporatedAs ANDSTRAT (NO. 175) LIMITED
- 2003-09-23➕ANDERSON STRATHERN WS appointedcorporate-secretary
- 2003-09-23➕BROWN, Simon Thomas David appointeddirector
- 2003-09-23➕KERR, John Neilson appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
55/100
Strong succession signalMultiple 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.
- 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
The Most Noble Sir Richard Walter John Montagu Douglas Scott, Duke Of Buccleuch Individual · British · DOB 02/1954 · age 72 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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 →Similar companies
Active · Holding company · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 852 TAXIS LTD.→ SC373037 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| 903 TAXIS LTD.→ SC313821 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 981 TAXIS LTD.→ SC318180 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ADAM SMITH LIMITED→ SC116109 · est 1989 · no financials extracted | — | — | — | — | 37y | — | — |
| AGENTS OF CHANGE (SCOTLAND) LIMITED→ SC753057 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALDERWICK SERVICES LTD→ SC883883 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALHAMA HOLDINGS LIMITED→ SC593255 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| ALVA CONSULTING LIMITED→ SC353447 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| ANNIELYTICS LIMITED→ SC495422 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| ANNO 1939 (LICENCE) LIMITED→ SC709990 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| APAX EUROPE VI - 1 NOMINEE LIMITED→ SC302024 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| APAX EUROPE VI - A NOMINEE LIMITED→ SC302027 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated2003-09-23
Jurisdictionscotland
Primary SIC74990 — Non-trading company
Registered office
C/O Anderson Strathern Llp
58 Morrison Street
Edinburgh
EH3 8BP
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-10-07
Last: 2025-09-23
Officers (2 active · 5 resigned)
AS COMPANY SERVICES LIMITED→
Activecorporate-secretary · appointed 2007-11-26
View their other companies + combined net worth →
JOHNSTONE, Alasdair Scott→
Activedirector · ~40y · appointed 2019-07-05
View their other companies + combined net worth →
ANDERSON STRATHERN WS→
Resignedcorporate-secretary · appointed 2003-09-23 · resigned 2007-11-26
BROWN, Simon Thomas David→
Resigneddirector · ~66y · appointed 2003-09-23 · resigned 2005-03-16
HENDERSON, Colin Bruce→
Resigneddirector · ~66y · appointed 2005-03-16 · resigned 2021-07-07
KERR, John Neilson→
Resigneddirector · ~70y · appointed 2003-09-23 · resigned 2019-03-17
TRIPP, Euan Charles Morgan→
Resigneddirector · ~49y · appointed 2021-07-07 · resigned 2025-09-22
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Legal charge | 1 property | 18/12/2003 | 18/10/2011 |
Recent filings (72 total)
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-24
termination-director-company-with-name-termination-date
officers · TM01
2025-09-24
accounts-with-accounts-type-dormant
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-dormant
accounts · AA
2024-06-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-12-12
change-person-director-company-with-change-date
officers · CH01
2023-12-12
change-person-director-company-with-change-date
officers · CH01
2023-12-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-12
change-corporate-secretary-company-with-change-date
officers · CH04
2023-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-26
accounts-with-accounts-type-dormant
accounts · AA
2023-06-30
change-person-director-company-with-change-date
officers · CH01
2023-01-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-28