EUROFAB-JM LTD

💤Zombieactive
SC262509 · ltd · incorporated 2004-01-27
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 2014
Net worth
book net assets
Opportunity
43/100
Watch
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 43/100 (watch), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (55/100). Current lenders should be on immediate intervention.

Data confidence

Overall: medium (62/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 2 with DOB)
76
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
4 connected companies via shared directors
57
Filing history
51 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
43/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
25
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
23
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
£236k
Current Liabilities
£203k

Financials

Extracted from Companies House accounts · UK GAAP
Metric2014-03-31
Total assets£91.1k
Current assets£235.6k
Debtors£166.4k
Current liabilities£202.8k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-12-18
    📄
    court-order
    miscellaneous · OC-DV
  2. 2021-02-26
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  3. 2020-11-26
    ⚠️
    liquidation-compulsory-early-dissolution-court-scotland
    insolvency · WU16(Scot)
  4. 2016-09-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2016-09-28
    ⚠️
    liquidation-compulsory-notice-winding-up-scotland
    insolvency · CO4.2(Scot)
  6. 2016-09-28
    ⚠️
    liquidation-compulsory-winding-up-order-scotland
    insolvency · 4.2(Scot)
  7. 2016-08-18
    📄
    dissolution-voluntary-strike-off-suspended
    dissolution · SOAS(A)
  8. 2016-08-09
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  9. 2016-08-01
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  10. 2016-02-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2015-09-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2015-07-27
    MULRANEY, Michael resigned
    director
  13. 2015-06-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-04-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-03-06
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-12-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-03-19
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  18. 2013-03-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2012-11-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2012-03-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  21. 2012-01-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2011-03-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  23. 2010-11-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  24. 2010-02-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  25. 2010-02-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  26. 2009-12-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  27. 2008-01-25
    MULRANEY, Michael appointed
    director
  28. 2006-10-31
    HUGHES, Lee appointed
    secretary
  29. 2006-10-31
    WALTERSON, Julie-Ann resigned
    secretary
  30. 2004-02-19
    HARKIN, Stuart appointed
    director
  31. 2004-02-19
    WALTERSON, Julie-Ann appointed
    secretary
  32. 2004-01-27
    🏢
    Company incorporated
    As EUROFAB-JM LTD
  33. 2004-01-27
    COSEC LIMITED appointed
    corporate-nominee-secretary
  34. 2004-01-27
    COSEC LIMITED resigned
    corporate-nominee-secretary
  35. 2004-01-27
    CODIR LIMITED appointed
    corporate-nominee-director
  36. 2004-01-27
    CODIR LIMITED resigned
    corporate-nominee-director
  37. 2004-01-27
    COSEC LIMITED appointed
    corporate-nominee-director
  38. 2004-01-27
    COSEC LIMITED resigned
    corporate-nominee-director

Owner dependency

85/100
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 22 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

70/100
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.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

3 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2016-01-31

Confirmation statement overdue
high

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

Evidence: Next due: 2017-02-10

4 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2021-02-26: gazette-dissolved-liquidation; 2020-11-26: liquidation-compulsory-early-dissolution-court-scotland

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

🔒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

12 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
Incorporated2004-01-27
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Glenhead House
Port Of Menteith
Stirling
FK8 3LE

Filing status

Accounts
Next due: 2016-01-31OVERDUE
Last made up to: 2014-03-31
Confirmation statement
Next due: 2017-02-10OVERDUE
Last:

Officers (2 active · 5 resigned)

HUGHES, Lee
secretary · appointed 2006-10-31
View their other companies + combined net worth →
Active
HARKIN, Stuart
director · ~55y · appointed 2004-02-19
View their other companies + combined net worth →
Active
WALTERSON, Julie-Ann
secretary · appointed 2004-02-19 · resigned 2006-10-31
Resigned
COSEC LIMITED
corporate-nominee-secretary · appointed 2004-01-27 · resigned 2004-01-27
Resigned
MULRANEY, Michael
director · ~58y · appointed 2008-01-25 · resigned 2015-07-27
Resigned
CODIR LIMITED
corporate-nominee-director · appointed 2004-01-27 · resigned 2004-01-27
Resigned
COSEC LIMITED
corporate-nominee-director · appointed 2004-01-27 · resigned 2004-01-27
Resigned

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

Recent filings (51 total)

court-order
miscellaneous · OC-DV
2025-12-18
gazette-dissolved-liquidation
gazette · GAZ2
2021-02-26
liquidation-compulsory-early-dissolution-court-scotland
insolvency · WU16(Scot)
2020-11-26
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-09-28
liquidation-compulsory-notice-winding-up-scotland
insolvency · CO4.2(Scot)
2016-09-28
liquidation-compulsory-winding-up-order-scotland
insolvency · 4.2(Scot)
2016-09-28
dissolution-voluntary-strike-off-suspended
dissolution · SOAS(A)
2016-08-18
gazette-notice-voluntary
gazette · GAZ1(A)
2016-08-09
dissolution-application-strike-off-company
dissolution · DS01
2016-08-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-02-23
termination-director-company-with-name-termination-date
officers · TM01
2015-09-22
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-24
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-01
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-03-06
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-12-24