AUTOMATION XL LIMITED

💤Zombieactive
SC432270 · ltd · incorporated 2012-09-10
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
£763.2k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Satellite telecommunications activities
Sector: Information & communication
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). 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).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 13.2y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £763,195
Cash YoY
+745%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£98k
↑ 745% YoY
Net Worth
£763k
↑ 2.2% YoY
Current Assets
£1.7m
↑ 8.3% YoY
Current Liabilities
£0£346k£692k£1.0m£1.4m£1.7mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£763.2k£746.6k
Current assets£1.73M£1.60M
Cash£97.8k£11.6k
Debtors£1.63M£1.59M
Net assets£763.2k£746.6k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2023-02-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2023-02-16
    🔓
    Charge satisfied #1
  7. 2023-02-08
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  8. 2022-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-05-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  10. 2021-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-09-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2017-09-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2017-09-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2017-05-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2013-02-12
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2012-09-11
    LAIRD, Colin appointed
    director
  20. 2012-09-11
    COWIE, Simon Henry Dyer resigned
    director
  21. 2012-09-10
    🏢
    Company incorporated
    As AUTOMATION XL LIMITED
  22. 2012-09-10
    COWIE, Simon Henry Dyer appointed
    director

Owner dependency

90/100
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 66 — succession pressure is live.

Succession & seller-readiness

78/100
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 66. 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 14 years.
  • 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.)

Group structure

Xl Global Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Xl Global Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
AUTOMATION XL LIMITED
This company · SC432270

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Xl Global Group Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting11/12/2016
Mr Colin Laird
Individual · British · DOB 11/1960 · age 66
sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Xl Group Limitedceased 10/12/2016· 75-100% shares

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
Incorporated2012-09-10
Jurisdictionscotland
Primary SIC61300 — Satellite telecommunications activities

Registered office

Xl House Blackburn Business Park, Woodburn Road
Blackburn
Aberdeen
AB21 0PS

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-24
Last: 2025-09-10

Officers (1 active · 1 resigned)

LAIRD, Colin
director · ~66y · appointed 2012-09-11
View their other companies + combined net worth →
Active
COWIE, Simon Henry Dyer
director · ~53y · appointed 2012-09-10 · resigned 2012-09-11
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge08/02/2023
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property12/02/201316/02/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (39 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-21
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-22