EAST HYDRAULIC SERVICES LIMITED

💤Zombieactive
SC297105 · ltd · incorporated 2006-02-14
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 2025
Net worth
£79.7k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 33190
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -84% YoY — forensic review of receivables, stock turns, and creditor days. 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £79,732
Net assets shrinking
Down £60,215 YoY
Cash draining
Cash down 84% YoY
Cash YoY
-84%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£27k
↓ 84% YoY
Net Worth
£80k
↓ 43% YoY
Current Assets
£65k
↓ 68% YoY
Current Liabilities
—
£0£40k£80k£120k£160k£201kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£93.7k£144.4k
Current assets£64.6k£200.6k
Cash£27.0k£169.7k
Debtors£36.8k£29.5k
Net assets£79.7k£139.9k

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-08-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2022-10-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2022-10-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-10-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2021-08-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2020-09-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2019-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-08-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2018-05-02
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  12. 2017-12-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2016-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-04-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-04-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2014-01-14
    ➖
    GALLACHER, Colin Philip resigned
    director
  17. 2008-05-26
    ➖
    DONNACHIE, Kevin James resigned
    director
  18. 2007-02-23
    ➕
    GALLACHER, Colin Philip appointed
    director
  19. 2006-02-14
    🏢
    Company incorporated
    As EAST HYDRAULIC SERVICES LIMITED
  20. 2006-02-14
    ➕
    HALLEY, William David appointed
    secretary
  21. 2006-02-14
    ➕
    HALLEY, William David appointed
    director
  22. 2006-02-14
    ➕
    DONNACHIE, Kevin James appointed
    director

Owner dependency

93/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

95/100
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 63. 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 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 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%
NameSharesVoting rightsNature of controlNotified
Mr William David Halley
Individual · British · DOB 08/1963 · age 63
75–100%
75–100%board control75-100% shares · 75-100% voting · board control30/06/2016

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 →

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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
Incorporated2006-02-14
Jurisdictionscotland
Primary SIC33190 — SIC 33190

Registered office

Unit 3 The Avenue Industrial Estate
Lochgelly
Fife
KY5 9HQ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-28
Last: 2026-02-14

Officers (2 active · 2 resigned)

HALLEY, William David→
secretary · appointed 2006-02-14
View their other companies + combined net worth →
Active
HALLEY, William David→
director · ~63y · appointed 2006-02-14
View their other companies + combined net worth →
Active
DONNACHIE, Kevin James→
director · ~60y · appointed 2006-02-14 · resigned 2008-05-26
Resigned
GALLACHER, Colin Philip→
director · ~62y · appointed 2007-02-23 · resigned 2014-01-14
Resigned

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

Recent filings (56 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-24
change-person-director-company-with-change-date
officers · CH01
2022-10-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-10-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-25