FINDRACK (SPORTINGS) LIMITED

💤Zombieactive
SC468822 · ltd · incorporated 2014-01-31
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
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 01629
Sector: Agriculture, forestry & fishing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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 (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
Confirmed no charges registered
85
Directors & officers
3 officers (2 active, 3 linked, 1 with DOB)
77
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
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
55
Some acquirability indicators.
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees400400

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

🔒Filing-note intelligence

3 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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-02-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-12-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2022-07-14
    TURCAN CONNELL COMPANY SECRETARIES LIMITED appointed
    corporate-secretary
  8. 2022-07-14
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  9. 2022-07-12
    MORTON FRASER SECRETARIES LIMITED resigned
    corporate-secretary
  10. 2022-07-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2022-07-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-11-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2020-12-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2020-12-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2020-10-30
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  16. 2020-10-30
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  17. 2020-10-30
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  18. 2019-09-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2014-01-31
    🏢
    Company incorporated
    As FINDRACK (SPORTINGS) LIMITED
  20. 2014-01-31
    SALVESEN, Harold Douglas Ewen appointed
    director
  21. 2014-01-31
    MORTON FRASER SECRETARIES LIMITED appointed
    corporate-secretary

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

58/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Harold Douglas Ewen Salvesen
Individual · British · DOB 09/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control13/01/2017

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

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 →
🔒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
Incorporated2014-01-31
Jurisdictionscotland
Primary SIC01629 — SIC 01629

Registered office

C/O Turcan Connell, Princes Exchange
1 Earl Grey Street
Edinburgh
EH3 9EE
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03

Officers (2 active · 1 resigned)

TURCAN CONNELL COMPANY SECRETARIES LIMITED
corporate-secretary · appointed 2022-07-14
View their other companies + combined net worth →
Active
SALVESEN, Harold Douglas Ewen
director · ~45y · appointed 2014-01-31
View their other companies + combined net worth →
Active
MORTON FRASER SECRETARIES LIMITED
corporate-secretary · appointed 2014-01-31 · resigned 2022-07-12
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
2026-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-21
change-person-director-company-with-change-date
officers · CH01
2023-02-21
accounts-with-accounts-type-small
accounts · AA
2022-12-29
appoint-corporate-secretary-company-with-name-date
officers · AP04
2022-07-14
termination-secretary-company-with-name-termination-date
officers · TM02
2022-07-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-16
accounts-with-accounts-type-small
accounts · AA
2021-11-16