AI WORKSPACE LTD

💤Zombieactive
SC400165 · ltd · incorporated 2011-05-24
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 Feb 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 74/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 79). 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 (79/100)

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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
74
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-10-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-06-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-10-31
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-10-31
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  5. 2024-10-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-10-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-10-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-10-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-03-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-01-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-10-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2021-01-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-10-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2018-11-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2017-06-05
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  16. 2017-06-05
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  17. 2011-05-24
    🏢
    Company incorporated
    As AI WORKSPACE LTD
  18. 2011-05-24
    WOOD, Alistair Ian appointed
    director

Owner dependency

95/100
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.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

88/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med · 1 low
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-10-31: certificate-change-of-name-company

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Alistair Ian Wood
Individual · British · DOB 03/1947 · age 79
75100%
75-100% 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

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.

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Company details

Statusactive
Typeltd
Incorporated2011-05-24
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

5 Holyrood Avenue
Glenrothes
KY6 3PF
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-06-07
Last: 2025-05-24

Officers (1 active · 0 resigned)

WOOD, Alistair Ian
director · ~79y · appointed 2011-05-24
View their other companies + combined net worth →
Active

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

Recent filings (42 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-04
certificate-change-of-name-company
change-of-name · CERTNM
2024-10-31
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-10-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-31
accounts-with-accounts-type-dormant
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-dormant
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-26
accounts-with-accounts-type-dormant
accounts · AA
2022-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-03-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-01-26
accounts-with-accounts-type-dormant
accounts · AA
2021-10-21