159 EDIN LTD

💤Zombieactive
SC433285 · ltd · incorporated 2012-09-25
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 Sept 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 71/100 (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 (77/100)

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
13 officers (1 active, 13 linked, 12 with DOB)
88
Ownership & PSC
1 active PSC(s) of 8 total, 8 with control declared
90
Director network
Network not yet resolved
30
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
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£0Sept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30

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 (47 events)Click to expand
  1. 2025-10-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-07-14
    HARRIS, Elizabeth Gibson resigned
    director
  3. 2025-07-14
    HARRIS, Ian Colquhoun resigned
    director
  4. 2025-07-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-07-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-07-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-07-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-07-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2025-07-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-05-09
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2024-05-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2023-01-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2023-01-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2023-01-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2023-01-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2022-12-07
    GORDON, Keith resigned
    director
  17. 2022-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2022-08-29
    BATES, Jonathan Raeburn appointed
    director
  19. 2022-08-29
    HARRIS, Elizabeth Gibson appointed
    director
  20. 2022-08-29
    HARRIS, Ian Colquhoun appointed
    director
  21. 2022-08-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2022-08-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  23. 2022-08-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2022-08-29
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2022-01-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  26. 2022-01-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  27. 2022-01-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2022-01-13
    KELLY, Jacqueline resigned
    director
  29. 2022-01-13
    KELLY, James resigned
    director
  30. 2021-07-23
    GORDON, Keith appointed
    director
  31. 2019-07-22
    CMOLA, Michal resigned
    director
  32. 2019-07-22
    KELLY, Jacqueline appointed
    director
  33. 2018-10-11
    CMOLA, Michal appointed
    director
  34. 2018-10-11
    HARRIS, Elizabeth Gibson resigned
    director
  35. 2018-10-11
    HARRIS, Ian Colquhoun resigned
    director
  36. 2015-07-15
    PRITCHARD, Philip resigned
    secretary
  37. 2015-07-15
    PRITCHARD, Bruce Philip resigned
    director
  38. 2015-07-15
    PRITCHARD, Patricia resigned
    director
  39. 2015-07-15
    PRITCHARD, Philip resigned
    director
  40. 2015-04-08
    HARRIS, Elizabeth Gibson appointed
    director
  41. 2015-04-08
    HARRIS, Ian Colquhoun appointed
    director
  42. 2015-04-08
    KELLY, James appointed
    director
  43. 2012-09-25
    🏢
    Company incorporated
    As 159 EDIN LTD
  44. 2012-09-25
    PRITCHARD, Philip appointed
    secretary
  45. 2012-09-25
    PRITCHARD, Bruce Philip appointed
    director
  46. 2012-09-25
    PRITCHARD, Patricia appointed
    director
  47. 2012-09-25
    PRITCHARD, Philip appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: HARRIS, Elizabeth Gibson resigned 2025-07-14; HARRIS, Ian Colquhoun resigned 2025-07-14

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jonathan Raeburn Bates
Individual · British · DOB 12/1986 · age 40
75100%
75-100% shares14/07/2025
7 historic (ceased) PSCs
  • Mrs Elizabeth Gibson Harrisceased 14/07/2025· 25-50% shares
  • Mr Ian Colquhoun Harrisceased 14/07/2025· 50-75% shares
  • Keith Gordonceased 07/12/2022· 75-100% shares
  • James Kellyceased 13/01/2022· 25-50% shares
  • Mr Michal Cmolaceased 22/07/2019· 50-75% shares
  • Mr Ian Colquhoun Harrisceased 11/10/2018· 50-75% shares
  • Mrs Elizabeth Gibson Harrisceased 11/10/2018· 25-50% shares

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

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 →
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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
Incorporated2012-09-25
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

10/7 Custom House Place
Edinburgh
EH5 1RL
Scotland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25

Officers (1 active · 12 resigned)

BATES, Jonathan Raeburn
director · ~40y · appointed 2022-08-29
View their other companies + combined net worth →
Active
PRITCHARD, Philip
secretary · appointed 2012-09-25 · resigned 2015-07-15
Resigned
CMOLA, Michal
director · ~52y · appointed 2018-10-11 · resigned 2019-07-22
Resigned
GORDON, Keith
director · ~54y · appointed 2021-07-23 · resigned 2022-12-07
Resigned
HARRIS, Elizabeth Gibson
director · ~73y · appointed 2022-08-29 · resigned 2025-07-14
Resigned
HARRIS, Elizabeth Gibson
director · ~73y · appointed 2015-04-08 · resigned 2018-10-11
Resigned
HARRIS, Ian Colquhoun
director · ~76y · appointed 2022-08-29 · resigned 2025-07-14
Resigned
HARRIS, Ian Colquhoun
director · ~76y · appointed 2015-04-08 · resigned 2018-10-11
Resigned
KELLY, Jacqueline
director · ~66y · appointed 2019-07-22 · resigned 2022-01-13
Resigned
KELLY, James
director · ~57y · appointed 2015-04-08 · resigned 2022-01-13
Resigned
PRITCHARD, Bruce Philip
director · ~54y · appointed 2012-09-25 · resigned 2015-07-15
Resigned
PRITCHARD, Patricia
director · ~77y · appointed 2012-09-25 · resigned 2015-07-15
Resigned
PRITCHARD, Philip
director · ~76y · appointed 2012-09-25 · resigned 2015-07-15
Resigned

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

Recent filings (72 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-10-08
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-07-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-14
termination-director-company-with-name-termination-date
officers · TM01
2025-07-14
termination-director-company-with-name-termination-date
officers · TM01
2025-07-14
accounts-with-accounts-type-dormant
accounts · AA
2025-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-dormant
accounts · AA
2024-05-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-01-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-23