XLG LIMITED

💤Zombieactive
SC560533 · ltd · incorporated 2017-03-15
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 Mar 2025
Net worth
£100
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, 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: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
27 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 declared
Positive net assets
Net assets £100

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£100
↑ 9900% YoY
Current Assets
Current Liabilities
£0£20£40£60£80£100Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£100£1
Debtors£100£1
Net assets£100£1

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 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-08-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2024-07-18
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2024-07-11
    LAIRD, Colin appointed
    director
  5. 2024-07-11
    COWIE, Simon Henry Dyer resigned
    director
  6. 2024-07-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-07-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2024-07-11
    📄
    capital-allotment-shares
    capital · SH01
  9. 2024-07-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2024-04-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2024-02-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2022-04-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-11-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-02-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2021-02-25
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  16. 2020-10-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2019-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2018-11-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2017-03-15
    🏢
    Company incorporated
    As XLG LIMITED
  21. 2017-03-15
    COWIE, Simon Henry Dyer 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 66 — succession pressure is live.

Succession & seller-readiness

65/100
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.

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
Mr Colin Laird
Individual · British · DOB 11/1960 · age 66
75100%
75-100% shares11/07/2024
1 historic (ceased) PSC
  • Infinity Secretaries Limitedceased 11/07/2024· 75-100% shares · 75-100% voting · board control

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

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.

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
Incorporated2017-03-15
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

5 Carden Place
Aberdeen
AB10 1UT
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-28
Last: 2026-03-14

Officers (1 active · 1 resigned)

LAIRD, Colin
director · ~66y · appointed 2024-07-11
View their other companies + combined net worth →
Active
COWIE, Simon Henry Dyer
director · ~53y · appointed 2017-03-15 · resigned 2024-07-11
Resigned

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

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
accounts-with-accounts-type-dormant
accounts · AA
2025-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-17
termination-director-company-with-name-termination-date
officers · TM01
2025-03-17
resolution
resolution · RESOLUTIONS
2024-07-18
appoint-person-director-company-with-name-date
officers · AP01
2024-07-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-07-11
capital-allotment-shares
capital · SH01
2024-07-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-07-11
accounts-with-accounts-type-dormant
accounts · AA
2024-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-14
accounts-with-accounts-type-dormant
accounts · AA
2024-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-14
accounts-with-accounts-type-dormant
accounts · AA
2022-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-14