BADWIZARD LTD

💤Zombieactive
SC565405 · ltd · incorporated 2017-05-09
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 Jun 2024
Net worth
book net assets
Opportunity
62/100
Worth a look
🔔
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What this business does
Primary activity: Engineering related scientific and technical consulting activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
23 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
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£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30
Average employees00

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
2
filings
  • 1 persons-with-significant-control
  • 1 officers
Last 180 days
2
filings
  • 1 persons-with-significant-control
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-02-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-02-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-21
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  11. 2018-03-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2018-03-29
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2018-03-28
    IDE8 LIMITED resigned
    corporate-director
  14. 2018-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2017-08-08
    📄
    change-corporate-director-company-with-change-date
    officers · CH02
  16. 2017-05-09
    🏢
    Company incorporated
    As BADWIZARD LTD
  17. 2017-05-09
    HOWARTH, David Thomas appointed
    director
  18. 2017-05-09
    IDE8 LIMITED appointed
    corporate-director
  19. 2017-05-09
    📄
    incorporation-company
    incorporation · NEWINC

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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Thomas Howarth
Individual · British · DOB 01/1983 · age 43
75100%
75–100%board control75-100% shares · 75-100% voting · board control · firm interest09/05/2017
1 historic (ceased) PSC
  • Mr David Thomas Howarthceased 29/03/2018· 50-75% shares · 50-75% voting · board control · firm interest

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
Incorporated2017-05-09
Jurisdictionscotland
Primary SIC71122 — Engineering related scientific and technical consulting activities

Registered office

The Old Smiddy
Drumsmittal, North Kessock
Inverness
IV1 3XF
United Kingdom

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08

Officers (1 active · 1 resigned)

HOWARTH, David Thomas
director · ~43y · appointed 2017-05-09
View their other companies + combined net worth →
Active
IDE8 LIMITED
corporate-director · appointed 2017-05-09 · resigned 2018-03-28
Resigned

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

Recent filings (23 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-02-18
change-person-director-company-with-change-date
officers · CH01
2026-02-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-23