ERSKINE HARDWARE LTD

💤Zombieactive

SC527010 · ltd · incorporated 2016-02-16

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 Feb 2025

Net worth

£44.6k

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Retail sale of hardware, paints and glass in specialised stores

Sector: Wholesale & retail

Investor take

Pursue

Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). 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 (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

Lenders & charges

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

20 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £44,641

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£45k

↑ 2.5% YoY

Current Assets

£34k

↓ 16% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£59.6k	£65.5k
Current assets	£34.2k	£40.8k
Net assets	£44.6k	£43.5k

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

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (12 events)Click to expand

2025-10-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-04
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-11-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-11-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-02-16
🏢
Company incorporated
As ERSKINE HARDWARE LTD
2016-02-16
➕
AHMED, Saeed appointed
director
2016-02-16
📄
incorporation-company
incorporation · NEWINC

Owner dependency

95/100

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 66 — succession pressure is live.
+No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Saeed Ahmed Individual · British · DOB 10/1960 · age 66	—	—	sig. influencesignificant influence	06/04/2016

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

Similar companies

Active · Retail · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
COWAL BUILDING & PLUMBING SUPPLIES LIMITED→ SC080544 · est 1982 · no financials extracted	—	—	—	—	43y	—	—
CRAIGS OF ERSKINE LTD→ SC838397 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
DALIA BOUTIQUE LIMITED→ SC740088 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
DERVAIG P O AND STORE LIMITED→ SC410433 · est 2011 · no financials extracted	—	—	—	—	14y	—	—
DRYSDALE EXCLUSIVE LTD→ SC688388 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
DUNBEG STORES LIMITED→ SC634566 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
E&I NEWS BOX LTD→ SC479919 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
EAGLES RETAIL LTD→ SC809803 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
ELLIES KITCHEN LTD→ SC611461 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
ENJAAZ PLUS LTD→ SC874759 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ENVIROMEDIA GROUP LIMITED→ SC566157 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ESKVIEW FRY LTD→ SC663326 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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.

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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

Incorporated2016-02-16

Jurisdictionscotland

Primary SIC47520 — Retail sale of hardware, paints and glass in specialised stores

Registered office

13b, Erskine Hardware Bridgewater Place

Bridgewater Shopping Centre

Erskine

PA8 7AA

Scotland

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-03-01

Last: 2026-02-15

Officers (1 active · 0 resigned)

AHMED, Saeed→

director · ~66y · appointed 2016-02-16

View their other companies + combined net worth →

Active

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