PRASINOTECH LIMITED

💤Zombieactive
SC521659 · ltd · incorporated 2015-12-02
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
69/100
Strong
🔔
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What this business does
Primary activity: Research and experimental development on biotechnology
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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 (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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 · accounting standard unknown
Metric2024-12-312023-12-31
Average employees00

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
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-17
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-06-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-04-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-09-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-02-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-02-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-07-15
    MORISONS SECRETARIES LIMITED resigned
    corporate-secretary
  9. 2020-07-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2020-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-02-28
    BAVINGTON, Charles Daniel resigned
    director
  12. 2019-02-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2019-02-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2019-02-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-12-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-02-17
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-03-29
    MORISONS SECRETARIES LIMITED appointed
    corporate-secretary
  19. 2016-03-29
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  20. 2015-12-02
    🏢
    Company incorporated
    As PRASINOTECH LIMITED
  21. 2015-12-02
    DAHLE, Svein appointed
    director
  22. 2015-12-02
    BAVINGTON, Charles Daniel 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 75 — succession pressure is live.

Succession & seller-readiness

75/100
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 75 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-12-15

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Svein Dahle
Individual · Norwegian · DOB 01/1951 · age 75
sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Glycomar Limitedceased 28/02/2019· 25-50% 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

9 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
Incorporated2015-12-02
Jurisdictionscotland
Primary SIC72110 — Research and experimental development on biotechnology

Registered office

Edenbank House
22 Crossgate
Cupar
Fife
KY15 5HW
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2025-12-15OVERDUE
Last: 2024-12-01

Officers (1 active · 2 resigned)

DAHLE, Svein
director · ~75y · appointed 2015-12-02
View their other companies + combined net worth →
Active
MORISONS SECRETARIES LIMITED
corporate-secretary · appointed 2016-03-29 · resigned 2020-07-15
Resigned
BAVINGTON, Charles Daniel
director · ~56y · appointed 2015-12-02 · resigned 2019-02-28
Resigned

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

Recent filings (26 total)

gazette-notice-compulsory
gazette · GAZ1
2026-03-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-01
termination-secretary-company-with-name-termination-date
officers · TM02
2020-07-15
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-09