CHESTERS EGGS LIMITED

💤Zombieactive
SC391933 · ltd · incorporated 2011-01-21
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 Oct 2024
Net worth
£-30.8k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: SIC 46330
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 63). 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 (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
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
38 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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £30,841

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£31k
↑ 27% YoY
Current Assets
£50k
↓ 21% YoY
Current Liabilities
-£42k-£21k£205£21k£42k£63kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£-30.8k£-42.0k
Current assets£49.9k£63.5k
Net assets£-30.8k£-42.0k

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 (21 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-07-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-07-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-09-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  10. 2017-09-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2017-09-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2017-09-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2017-09-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-09-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2017-09-08
    📄
    administrative-restoration-company
    restoration · RT01
  16. 2017-04-25
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  17. 2011-01-21
    🏢
    Company incorporated
    As CHESTERS EGGS LIMITED
  18. 2011-01-21
    URQUHART TAYLOR & CO appointed
    corporate-secretary
  19. 2011-01-21
    NISBET, James Stuart appointed
    director
  20. 2011-01-21
    NISBET, Stuart appointed
    director
  21. 2011-01-21
    NISBET, Stuart resigned
    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 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

83/100
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.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 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: 2026-02-04

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Stuart Nisbet
Individual · British · DOB 05/1963 · age 63
75100%
75-100% shares06/04/2016

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

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
Incorporated2011-01-21
Jurisdictionscotland
Primary SIC46330 — SIC 46330

Registered office

47-49 The Square
Kelso
Roxburghshire
TD5 7HW

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-02-04OVERDUE
Last: 2025-01-21

Officers (2 active · 1 resigned)

URQUHART TAYLOR & CO
corporate-secretary · appointed 2011-01-21
View their other companies + combined net worth →
Active
NISBET, James Stuart
director · ~63y · appointed 2011-01-21
View their other companies + combined net worth →
Active
NISBET, Stuart
director · ~63y · appointed 2011-01-21 · resigned 2011-01-21
Resigned

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

Recent filings (38 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2022-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-27
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2019-01-23
accounts-with-accounts-type-micro-entity
accounts · AA
2018-08-31