ALBATEC RACING LIMITED

💤Zombieactive
SC437634 · ltd · incorporated 2012-11-26
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 Jul 2024
Net worth
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 28490
Sector: Manufacturing
ALSO REGISTERED FOR
  • 71129Other engineering activities
  • 93290Other amusement and recreation activities n.e.c.
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 69). 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, 3 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
4 officers (2 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
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£0Jul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-07-312023-07-31
Average employees3300

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-26
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2023-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-02-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2016-01-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-01-05
    SCOTT, Audrey appointed
    secretary
  14. 2016-01-05
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2015-12-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-12-24
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2013-01-30
    MACKINNONS SOLICITORS resigned
    corporate-secretary
  18. 2013-01-29
    SCOTT, Andrew John appointed
    director
  19. 2013-01-29
    JONES, Graham Edward resigned
    director
  20. 2012-11-26
    🏢
    Company incorporated
    As ALBATEC RACING LIMITED
  21. 2012-11-26
    MACKINNONS SOLICITORS appointed
    corporate-secretary
  22. 2012-11-26
    JONES, Graham Edward 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 69 — 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 69. 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 13 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andrew John Scott
Individual · British · DOB 01/1957 · age 69
sig. influencesignificant influence · trust interest · firm interest06/04/2016

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2012-11-26
Jurisdictionscotland
Primary SIC28490 — SIC 28490

Registered office

Shealinghill
Lochfoot
Dumfries
DG2 8NJ
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-12-10
Last: 2025-11-26

Officers (2 active · 2 resigned)

SCOTT, Audrey
secretary · appointed 2016-01-05
View their other companies + combined net worth →
Active
SCOTT, Andrew John
director · ~69y · appointed 2013-01-29
View their other companies + combined net worth →
Active
MACKINNONS SOLICITORS
corporate-secretary · appointed 2012-11-26 · resigned 2013-01-30
Resigned
JONES, Graham Edward
director · ~61y · appointed 2012-11-26 · resigned 2013-01-29
Resigned

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

Recent filings (35 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
change-account-reference-date-company-previous-extended
accounts · AA01
2024-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-12-10