AIRDRIE TELECOM SERVICES LTD.

💤Zombieactive

SC283723 · ltd · incorporated 2005-04-25

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 Apr 2025

Net worth

£-1.9k

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: Other telecommunications activities

Sector: Information & communication

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

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

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (1 active, 4 linked, 1 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

46 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £1,918

Cash YoY

+53%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£4k

↑ 53% YoY

Net Worth

-£2k

↑ 8.9% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-04-30	2024-04-30
Total assets	£-1.9k	£-2.1k
Cash	£3.7k	£2.4k
Net assets	£-1.9k	£-2.1k

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

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-12-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-05
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-05-31
➖
MATHIESON, Laura Jane resigned
secretary
2017-10-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-12-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-29
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-01-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-05-06
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-05-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2005-04-25
🏢
Company incorporated
As AIRDRIE TELECOM SERVICES LTD.
2005-04-25
➕
MATHIESON, Donnie appointed
director
2005-04-25
➕
MATHIESON, Laura Jane appointed
secretary
2005-04-25
➕
FIRSTSCOTTISH SECRETARIES LIMITED appointed
corporate-secretary
2005-04-25
➖
FIRSTSCOTTISH SECRETARIES LIMITED resigned
corporate-secretary
2005-04-25
➕
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
corporate-director
2005-04-25
➖
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED resigned
corporate-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 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

100/100

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 73 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
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 Donald Mathieson Individual · British · DOB 11/1953 · age 73	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.

Similar companies

Active · Technology · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
C-PATH SOFTWARE ENGINEERING LTD→ SC422542 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
CATCH THE LIGHT LIMITED→ SC500216 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
CHERT AI LIMITED→ SC838354 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CLAIRE PIDGEON DESIGN LIMITED→ SC571071 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
COBALT IT CONSULTING LTD.→ SC686146 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
COGNILIST LTD→ SC873793 · est 2025 · no financials extracted	—	—	—	—	—	—	—
COLLABORATIVE CONSULTING LIMITED→ SC359585 · est 2009 · no financials extracted	—	—	—	—	16y	—	—
COMMUNICATION STRATEGIES LTD→ SC380666 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
COMPUTERS4U (WISHAW) LIMITED→ SC263300 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
CONSILIUM U.K. LIMITED→ SC188830 · est 1998 · no financials extracted	—	—	—	—	27y	—	—
COURTYARD BROADCAST LTD→ SC808003 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
COVERAGE SERVICE SOLUTIONS LTD→ SC871981 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2005-04-25

Jurisdictionscotland

Primary SIC61900 — Other telecommunications activities

Registered office

8 Douglas Street

Hamilton

ML3 0BP

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2026-05-09

Last: 2025-04-25

Officers (1 active · 3 resigned)

MATHIESON, Donnie→

director · ~73y · appointed 2005-04-25

View their other companies + combined net worth →

Active

MATHIESON, Laura Jane→

secretary · appointed 2005-04-25 · resigned 2018-05-31

Resigned

FIRSTSCOTTISH SECRETARIES LIMITED→

corporate-secretary · appointed 2005-04-25 · resigned 2005-04-25

Resigned

FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→

corporate-director · appointed 2005-04-25 · resigned 2005-04-25

Resigned

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