EDWARDS INVERURIE LTD
💤Zombieactive
SC556284 · ltd · incorporated 2017-02-01
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 Apr 2025
Net worth
£-199.2k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 56301Licenced clubs
- 56302Public houses and bars
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 76/100 (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: Cash flow review and working-capital discipline. Cash down -37% YoY — forensic review of receivables, stock turns, and creditor days. 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
8 officers (2 active, 8 linked, 7 with DOB)
88
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
44 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £199,204
Cash YoY
-37%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
↓ 37% YoY
Net Worth
-£199k
~ YoY
Current Assets
£157k
↑ 15% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £-175.2k | £-170.0k |
| Current assets | £156.5k | £135.5k |
| Cash | £3.5k | £5.6k |
| Debtors | £136.2k | £114.3k |
| Net assets | £-199.2k | £-199.6k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-04-01📄gazette-notice-compulsorygazette · GAZ1
- 2025-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-03-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-03-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-02-28➖COX, Jennifer Dawn resigneddirector
- 2023-01-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-12📄change-corporate-secretary-company-with-change-dateofficers · CH04
- 2021-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-03-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-02-27➕COX, Gary Robert appointeddirector
- 2019-02-27➕COX, Jennifer Dawn appointeddirector
- 2019-02-27➖HAY, Graeme resigneddirector
- 2019-01-26📄gazette-filings-brought-up-to-dategazette · DISS40
- 2017-09-07➖PARKER, John Laird resigneddirector
- 2017-04-06➖COX, Gary Robert resigneddirector
- 2017-04-06➖COX, Jennifer Dawn resigneddirector
- 2017-04-06➕HAY, Graeme appointeddirector
- 2017-04-06➕PARKER, John Laird appointeddirector
- 2017-02-01🏢Company incorporatedAs EDWARDS INVERURIE LTD
- 2017-02-01➕JAMES AND GEORGE COLLIE LLP appointedcorporate-secretary
- 2017-02-01➕COX, Gary Robert appointeddirector
- 2017-02-01➕COX, Jennifer Dawn appointeddirector
- 2017-02-01➕MILLER, Innes Richard appointeddirector
- 2017-02-01➖MILLER, Innes Richard resigneddirector
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gary Robert Cox Individual · British · DOB 04/1965 · age 61 | 75–100% | — | 75-100% shares | 28/02/2024 |
2 historic (ceased) PSCs
- Miss Olivia Jane Coxceased 28/02/2024· 75-100% shares · 75-100% voting
- Miss Abigail Jennifer Coxceased 19/09/2018· 25-50% shares · 25-50% voting
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 →Similar companies
Active · Hospitality · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AB BUCHAN LTD→ SC879377 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AB PADMA LTD→ SC841151 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABER KITCHEN LTD→ SC844491 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ABERDEEN FAMOUS HOUSE LTD→ SC848428 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ABERLOUR PLUM GARDEN LTD→ SC747749 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ABHD LTD→ SC822611 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ABSOMI LTD→ SC877797 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ABZ SCOOPS LTD→ SC733319 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ADEN HOUSE BED AND BREAKFAST LIMITED→ SC654757 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| AJ FAST FOODS LTD→ SC733359 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| AL-AQYAL LTD→ SC866545 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AL2 LTD→ SC811097 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2017-02-01
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants
Registered office
1 East Craibstone Street
Aberdeen
AB11 6YQ
United Kingdom
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-08-16
Last: 2025-08-02
Officers (2 active · 6 resigned)
JAMES AND GEORGE COLLIE LLP→
Activecorporate-secretary · appointed 2017-02-01
View their other companies + combined net worth →
COX, Gary Robert→
Activedirector · ~61y · appointed 2019-02-27
View their other companies + combined net worth →
COX, Gary Robert→
Resigneddirector · ~61y · appointed 2017-02-01 · resigned 2017-04-06
COX, Jennifer Dawn→
Resigneddirector · ~59y · appointed 2019-02-27 · resigned 2024-02-28
COX, Jennifer Dawn→
Resigneddirector · ~59y · appointed 2017-02-01 · resigned 2017-04-06
HAY, Graeme→
Resigneddirector · ~60y · appointed 2017-04-06 · resigned 2019-02-27
MILLER, Innes Richard→
Resigneddirector · ~66y · appointed 2017-02-01 · resigned 2017-02-01
PARKER, John Laird→
Resigneddirector · ~55y · appointed 2017-04-06 · resigned 2017-09-07
Click a director name to see their full track record across all companies.
Recent filings (44 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-13
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-02
gazette-notice-compulsory
gazette · GAZ1
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-03-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-03-06
termination-director-company-with-name-termination-date
officers · TM01
2024-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22