ELECTRICAL ROPE ACCESS SOLUTIONS LTD
💤Zombieactive
SC377309 · ltd · incorporated 2010-04-22
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 May 2025
Net worth
£8.8k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
PursueStrong opportunity: asset-holding vehicle 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 (58/100).
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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
51 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
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £8,843
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£9k
↑ 1.0% YoY
Current Assets
£7k
↑ 1735% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £32.3k | £30.3k |
| Current assets | £6.8k | £372 |
| Net assets | £8.8k | £8.8k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-10-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-08-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-07-09📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-08-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-02-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-06-28📄capital-allotment-sharescapital · SH01
- 2019-02-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-11-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-11-01📄change-person-director-company-with-change-dateofficers · CH01
- 2010-04-22🏢Company incorporatedAs ELECTRICAL ROPE ACCESS SOLUTIONS LTD
- 2010-04-22➕SMITH, William Magnus appointeddirector
Owner dependency
90/100
Critical — business is the founderThe 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 16 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 16 years.
- secondaryStable-but-static management: Company is 16 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr William Magnus Smith Individual · British · DOB 12/1984 · age 42 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/04/2017 |
Miss Jerry Rose Gibson Individual · British · DOB 03/1987 · age 39 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/04/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · KW postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AGE SCOTLAND ORKNEY→ SC246433 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| ALASDAIR RHIND (FUNERAL DIRECTOR) LTD.→ SC410994 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ALEXCORP LIMITED→ SC587585 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| CAITHNESS WINDOWS LIMITED→ SC837866 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CAMERON MINIBUS MANAGEMENT LTD→ SC550096 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CLEAN BEES LTD→ SC547545 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| CONTEC DESIGN SERVICES LTD→ SC344471 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| EMZ.PT.COACHING LIMITED→ SC877283 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FAR NORTH SECURITY SERVICES LIMITED→ SC846614 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FARR NORTH COMMUNITY DEVELOPMENT TRUST→ SC670324 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GOLDER (ORKNEY) LTD→ SC454715 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| GOODALL BUSINESS SERVICES LIMITED→ SC733297 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2010-04-22
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.
Registered office
Kerona
Kerona House
Stromness
KW16 3HS
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25
Officers (1 active · 0 resigned)
SMITH, William Magnus→
Activedirector · ~42y · appointed 2010-04-22
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (51 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-09
change-person-director-company-with-change-date
officers · CH01
2025-07-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-02