AUDIO EMOTION LIMITED

💤Zombieactive
SC351858 · ltd · incorporated 2008-11-27
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 2025
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Retail sale of audio and video equipment in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (65/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees9800

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-04-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2021-02-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-02-11
    📄
    capital-allotment-shares
    capital · SH01
  10. 2020-01-08
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-01-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2019-01-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2019-01-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2019-01-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2018-08-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  16. 2018-08-21
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  17. 2018-04-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2008-11-27
    🏢
    Company incorporated
    As AUDIO EMOTION LIMITED
  19. 2008-11-27
    CARGILL, Mark David appointed
    secretary
  20. 2008-11-27
    CARGILL, Gary appointed
    director

Owner dependency

98/100
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 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-20

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Gary Cargill
Individual · British · DOB 06/1968 · age 58
5075%
50-75% shares06/04/2016
Mr Mark Cargill
Individual · British · DOB 11/1964 · age 62
2550%
25-50% shares01/01/2017

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

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
Incorporated2008-11-27
Jurisdictionscotland
Primary SIC47430 — Retail sale of audio and video equipment in specialised stores

Registered office

Units 18-19 Flemington Road
Queensway Industrial Estate
Glenrothes
Fife
KY7 5QF
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-20OVERDUE
Last: 2025-04-06

Officers (2 active · 0 resigned)

CARGILL, Mark David
secretary · appointed 2008-11-27
View their other companies + combined net worth →
Active
CARGILL, Gary
director · ~58y · appointed 2008-11-27
View their other companies + combined net worth →
Active

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

Recent filings (46 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-02-16
capital-allotment-shares
capital · SH01
2021-02-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-07