FLANSCOT LIMITED

💤Zombieactive
SC437403 · ltd · incorporated 2012-11-22
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£-9.2k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 81). 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

1 live charge · oldest 0.5y

10/100
under pressure

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

  • · Newest facility, 0.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
42 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
Negative net assets
Liabilities exceed assets by £9,181
Cash YoY
-4%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£25k
↓ 3.6% YoY
Net Worth
-£9k
↓ 11% YoY
Current Assets
£25k
↓ 3.6% YoY
Current Liabilities
—
-£9k-£2k£5k£12k£19k£26kDec 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£-9.2k£-8.2k
Current assets£25.2k£26.2k
Cash£25.2k£26.1k
Debtors£22£27
Net assets£-9.2k£-8.2k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 (25 events)Click to expand
  1. 2025-11-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2025-11-13
    🔒
    Charge registered #1
    Lender: E Power Limited (04625938)
  3. 2025-09-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2025-03-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2025-03-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-05-07
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-04-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2022-04-26
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-08-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2021-06-28
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2021-06-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2021-06-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2021-06-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-06-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-06-15
    ➖
    MAES, Glenn resigned
    director
  16. 2021-05-06
    ➖
    BONE, Thomas resigned
    director
  17. 2021-05-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2020-02-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  19. 2019-08-23
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  20. 2015-12-22
    ➖
    LENSSENS, Patrick Johan Monique resigned
    director
  21. 2015-10-20
    ➕
    MAES, Glenn appointed
    director
  22. 2015-08-18
    ➕
    BONE, Thomas appointed
    director
  23. 2012-11-22
    🏢
    Company incorporated
    As FLANSCOT LIMITED
  24. 2012-11-22
    ➕
    LENSSENS, Guido Petrus Nathalie appointed
    director
  25. 2012-11-22
    ➕
    LENSSENS, Patrick Johan Monique 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 81 — succession pressure is live.

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 81 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 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

Lr4547 Comm V holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Lr4547 Comm V
Corporate parent · holds 50-75% shares
majority
⬇
FLANSCOT LIMITED
This company · SC437403

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Lr4547 Comm V
Corporate entity
50–75%
—50-75% shares10/03/2025
Mr Patrick Johan Lenssens
Individual · Belgian · DOB 06/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting21/06/2021
2 historic (ceased) PSCs
  • Mr Guido Petrus Lenssensceased 10/03/2025· 50-75% shares · 50-75% voting
  • Mr Glenn Maesceased 22/06/2021· 50-75% shares · 50-75% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
STEELWORK & CLADDING LIMITED→
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—£2.41M—24y8258y
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SC179461 · est 1997
£1.75M
£1.49M–£2.02M
—£1.75M—28y8261y
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£737.4k
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—£737.4k—67y7866y
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—£731.1k—14y7970y
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—£300.8k—14y8061y
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————22y8373y
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————24y8373y
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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
Incorporated2012-11-22
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Hillview
High Street
Beauly
IV4 7BT
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-24
Last: 2025-11-10

Officers (1 active · 3 resigned)

LENSSENS, Guido Petrus Nathalie→
director · ~81y · appointed 2012-11-22
View their other companies + combined net worth →
Active
BONE, Thomas→
director · ~78y · appointed 2015-08-18 · resigned 2021-05-06
Resigned
LENSSENS, Patrick Johan Monique→
director · ~58y · appointed 2012-11-22 · resigned 2015-12-22
Resigned
MAES, Glenn→
director · ~55y · appointed 2015-10-20 · resigned 2021-06-15
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
E Power (04625938)
E Power Limited (04625938)
A registered charge1 property13/11/2025—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (42 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-25
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-25
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-08-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-06-28