ARDELIS LTD

💤Zombieactive
SC395314 · ltd · incorporated 2011-03-11
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 Dec 2024
Net worth
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Management consultancy activities other than financial management
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). 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 (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
31 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£12k£25k£37k£50k£62kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2024-12-312023-12-31
Total assets£61.5k
Current assets£62.1k
Net assets£61.5k
Average employees100

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 (18 events)Click to expand
  1. 2025-09-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-05-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-03-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-07-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2016-05-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-03-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-09-11
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-03-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-09-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-03-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2011-03-11
    🏢
    Company incorporated
    As ARDELIS LTD
  17. 2011-03-11
    BOYLE, Michael John appointed
    secretary
  18. 2011-03-11
    BOYLE, Fiona Janet 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 15 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

78/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. 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 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.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Fiona Janet Boyle
Individual · British · DOB 07/1966 · age 60
2550%
25-50% shares06/04/2016
Mr Michael John Boyle
Individual · British · DOB 12/1966 · age 60
2550%
25-50% shares06/04/2016

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
Incorporated2011-03-11
Jurisdictionscotland
Primary SIC70229 — Management consultancy activities other than financial management

Registered office

8 Braemar Gardens
Dunfermline
Fife
KY11 8ER

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11

Officers (2 active · 0 resigned)

BOYLE, Michael John
secretary · appointed 2011-03-11
View their other companies + combined net worth →
Active
BOYLE, Fiona Janet
director · ~60y · appointed 2011-03-11
View their other companies + combined net worth →
Active

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2020-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-12