ALBANY SECURITY COMPANY EDINBURGH LIMITED

💤Zombieactive
SC536363 · ltd · incorporated 2016-05-25
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 May 2025
Net worth
£-16.7k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Private security activities
Sector: Administrative & support services
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 85/100. 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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 8.5y

45/100
under pressure

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

  • · Oldest live charge is 8.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
30 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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 £16,667
Cash YoY
+1%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£213
↑ 1.4% YoY
Net Worth
-£17k
↑ 12% YoY
Current Assets
Current Liabilities
-£19k-£15k-£11k-£7k-£4k£213May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£-10.7k£-12.9k
Cash£213£210
Net assets£-16.7k£-19.0k

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
2
filings
  • 1 accounts
  • 1 officers
Last 180 days
3
filings
  • 1 accounts
  • 1 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-01-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-01-01
    GRIGG, Colin resigned
    director
  4. 2025-07-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-07-23
    GRIGG, Colin appointed
    director
  6. 2025-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-02-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-04-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2019-04-18
    🔓
    Charge satisfied #1
  14. 2019-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-02-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-10-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2017-10-17
    🔒
    Charge registered #1
    Lender: Bibby Factors Scotland Limited
  18. 2016-11-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2016-11-04
    WALKER, Stuart resigned
    director
  20. 2016-09-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  21. 2016-09-12
    LINDSAY, Emma Brown appointed
    director
  22. 2016-09-12
    BOYLE, George resigned
    director
  23. 2016-06-07
    WALKER, Stuart appointed
    director
  24. 2016-05-25
    🏢
    Company incorporated
    As ALBANY SECURITY COMPANY EDINBURGH LIMITED
  25. 2016-05-25
    BOYLE, George appointed
    director

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

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
Mrs Emma Brown Lindsay
Individual · British · DOB 01/1978 · age 48
75100%
75-100% shares12/09/2016

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

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
Incorporated2016-05-25
Jurisdictionscotland
Primary SIC80100 — Private security activities

Registered office

13-15 Morningside Drive
Edinburgh
EH10 5LZ
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-24
Last: 2025-11-10

Officers (1 active · 3 resigned)

LINDSAY, Emma Brown
director · ~48y · appointed 2016-09-12
View their other companies + combined net worth →
Active
BOYLE, George
director · ~64y · appointed 2016-05-25 · resigned 2016-09-12
Resigned
GRIGG, Colin
director · ~48y · appointed 2025-07-23 · resigned 2026-01-01
Resigned
WALKER, Stuart
director · ~55y · appointed 2016-06-07 · resigned 2016-11-04
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Bibby Financial Services
Bibby Factors Scotland Limited
A registered charge17/10/201718/04/2019

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-25
termination-director-company-with-name-termination-date
officers · TM01
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-10
appoint-person-director-company-with-name-date
officers · AP01
2025-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-18