PRIMERO BUSINESS SOLUTIONS LIMITED

💤Zombieactive

SC282049 · ltd · incorporated 2005-03-23

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Financial intermediation not elsewhere classified

Sector: Financial & insurance

ALSO REGISTERED FOR

70221Financial management

Investor take

Pursue

Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 74). 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 (73/100).

Data confidence

Overall: medium (79/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (2 active, 6 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

55 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	1	100

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-11-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-18
📄
change-person-director-company-with-change-date
officers · CH01
2022-11-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-08-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-08-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-12-15
➖
ELLIOTT, Susan resigned
director
2006-08-18
➕
STEWART, Kenneth Duncan appointed
director
2006-08-18
➕
ELLIOTT, Susan appointed
director
2006-08-18
➖
SMITH, Fiona Jayne resigned
director
2005-08-09
➕
STEWART, Christine appointed
secretary
2005-08-09
➖
ELLIOTT, Bruce resigned
secretary
2005-08-09
➖
ELLIOTT, Bruce resigned
director
2005-03-23
🏢
Company incorporated
As PRIMERO BUSINESS SOLUTIONS LIMITED
2005-03-23
➕
ELLIOTT, Bruce appointed
secretary
2005-03-23
➕
ELLIOTT, Bruce appointed
director
2005-03-23
➕
SMITH, Fiona Jayne appointed
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 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

98/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 20 years.
secondaryStable-but-static management: Company is 21 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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Kenneth Duncan Stewart Individual · United Kingdom · DOB 11/1952 · age 74	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	19/08/2016

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 · Financial services · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CAMERON FINANCIAL LIMITED→ SC329254 · est 2007	—	—	—	—	18y	82	59y
MGA FINANCIAL MANAGEMENT LIMITED→ SC189425 · est 1998	—	—	—	300	27y	82	63y
STUART GEARTY (INSURANCE SERVICES) LTD.→ SC195449 · est 1999	—	—	—	4	27y	82	87y
THE MORTGAGE FINANCE STORE LIMITED→ SC245264 · est 2003	—	—	£158.9k	—	23y	82	68y
MORTGAGE MANAGERS LIMITED→ SC375517 · est 2010	—	—	£51.9k	—	16y	81	63y
SCOTTISH CANADIAN TRUST. LIMITED→ SC006394 · est 1907	—	—	—	0	119y	81	84y
ANGUS M WATSON LTD.→ SC336578 · est 2008	—	—	£100.2k	—	18y	80	75y
COMMERCIAL RISK SOLUTIONS LTD→ SC368285 · est 2009	—	—	—	100	16y	80	63y
EP WEALTH MANAGEMENT LIMITED→ SC252642 · est 2003	—	—	£36.0k	—	22y	80	70y
FORTH FINANCIAL SERVICES (FIFE) LIMITED→ SC241029 · est 2002	—	—	—	300	23y	80	74y
GLENABER LIMITED→ SC242360 · est 2003	—	—	£1.02M	—	23y	80	68y
HILLEROD LIMITED→ SC127178 · est 1990	—	—	£2	—	35y	80	74y

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

Incorporated2005-03-23

Jurisdictionscotland

Primary SIC64999 — Financial intermediation not elsewhere classified

Registered office

28 Hillside Road

Forfar

Angus

DD8 2AY

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-09-02

Last: 2025-08-19

Officers (2 active · 4 resigned)

STEWART, Christine→

secretary · appointed 2005-08-09

View their other companies + combined net worth →

Active

STEWART, Kenneth Duncan→

director · ~74y · appointed 2006-08-18

View their other companies + combined net worth →

Active

ELLIOTT, Bruce→

secretary · appointed 2005-03-23 · resigned 2005-08-09

Resigned

ELLIOTT, Bruce→

director · ~58y · appointed 2005-03-23 · resigned 2005-08-09

Resigned

ELLIOTT, Susan→

director · ~56y · appointed 2006-08-18 · resigned 2009-12-15

Resigned

SMITH, Fiona Jayne→

director · ~48y · appointed 2005-03-23 · resigned 2006-08-18

Resigned

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

Recent filings (55 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2025-11-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-08-21

accounts-with-accounts-type-micro-entity

accounts · AA

2024-12-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-08-19

accounts-with-accounts-type-micro-entity

accounts · AA

2023-12-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-08-19

change-person-director-company-with-change-date

officers · CH01

2023-07-18

accounts-with-accounts-type-micro-entity

accounts · AA

2022-11-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-08-19

accounts-with-accounts-type-micro-entity

accounts · AA

2022-01-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-08-19

accounts-with-accounts-type-micro-entity

accounts · AA

2021-03-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-08-19

accounts-with-accounts-type-micro-entity

accounts · AA

2019-12-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2019-08-19