688 EDIN LTD.

💤Zombieactive
SC336959 · ltd · incorporated 2008-01-30
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 Jan 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. 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 (73/100).

Data confidence

Overall: medium (76/100)

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
8 officers (1 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
59 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
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31

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
5
filings
  • • 2 persons-with-significant-control
  • • 2 officers
  • • 1 confirmation-statement
Last 180 days
5
filings
  • • 2 persons-with-significant-control
  • • 2 officers
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-03-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  2. 2026-03-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-02-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-06-16
    ➖
    MCCOLL, Louise resigned
    director
  6. 2025-06-16
    ➖
    MCLEAN, Elizabeth Ormiston resigned
    director
  7. 2025-04-23
    ➕
    MCLEAN, Andrew Harvey appointed
    director
  8. 2025-04-23
    ➕
    MCLEAN, Elizabeth Ormiston appointed
    director
  9. 2025-04-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-04-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2025-02-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2024-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2023-02-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2022-03-29
    ➖
    WHELAN, Lawrence resigned
    secretary
  16. 2022-03-29
    ➕
    MCCOLL, Louise appointed
    director
  17. 2022-03-29
    ➖
    WHELAN, Lawrence resigned
    director
  18. 2022-03-29
    ➖
    WHELAN, Nicola resigned
    director
  19. 2022-03-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2022-03-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2022-03-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  22. 2022-03-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2022-03-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2022-03-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  25. 2022-03-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  26. 2022-02-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2021-02-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  28. 2008-01-30
    🏢
    Company incorporated
    As 688 EDIN LTD.
  29. 2008-01-30
    ➕
    WHELAN, Lawrence appointed
    secretary
  30. 2008-01-30
    ➕
    BRIAN REID LTD. appointed
    corporate-secretary
  31. 2008-01-30
    ➖
    BRIAN REID LTD. resigned
    corporate-secretary
  32. 2008-01-30
    ➕
    WHELAN, Lawrence appointed
    director
  33. 2008-01-30
    ➕
    WHELAN, Nicola appointed
    director
  34. 2008-01-30
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-director
  35. 2008-01-30
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MCCOLL, Louise resigned 2025-06-16; MCLEAN, Elizabeth Ormiston resigned 2025-06-16

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew Harvey Mclean
Individual · British · DOB 12/1962 · age 64
75–100%
—75-100% shares16/06/2025
2 historic (ceased) PSCs
  • Mrs Louise Mccollceased 16/06/2025· 75-100% shares · 75-100% voting · board control
  • Mr Lawrence Whelanceased 29/03/2022· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2008-01-30
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

10/1 Burnhead Crescent
Edinburgh
EH16 6EA
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-13
Last: 2026-01-30

Officers (1 active · 7 resigned)

MCLEAN, Andrew Harvey→
director · ~64y · appointed 2025-04-23
View their other companies + combined net worth →
Active
WHELAN, Lawrence→
secretary · appointed 2008-01-30 · resigned 2022-03-29
Resigned
BRIAN REID LTD.→
corporate-secretary · appointed 2008-01-30 · resigned 2008-01-30
Resigned
MCCOLL, Louise→
director · ~68y · appointed 2022-03-29 · resigned 2025-06-16
Resigned
MCLEAN, Elizabeth Ormiston→
director · ~82y · appointed 2025-04-23 · resigned 2025-06-16
Resigned
WHELAN, Lawrence→
director · ~67y · appointed 2008-01-30 · resigned 2022-03-29
Resigned
WHELAN, Nicola→
director · ~48y · appointed 2008-01-30 · resigned 2022-03-29
Resigned
STEPHEN MABBOTT LTD.→
corporate-director · appointed 2008-01-30 · resigned 2008-01-30
Resigned

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

Recent filings (59 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-21
termination-director-company-with-name-termination-date
officers · TM01
2026-03-21
termination-director-company-with-name-termination-date
officers · TM01
2026-02-25
appoint-person-director-company-with-name-date
officers · AP01
2025-04-23
appoint-person-director-company-with-name-date
officers · AP01
2025-04-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-23
accounts-with-accounts-type-dormant
accounts · AA
2025-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-05
accounts-with-accounts-type-dormant
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-dormant
accounts · AA
2023-02-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-29