HI-SAT BROADCAST LTD
💤Zombieactive
SC567016 · ltd · incorporated 2017-05-25
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
£15.5k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: Motion picture production activities
Sector: Information & communication
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
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: 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 (76/100)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
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 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 declaredPositive net assets
Net assets £15,472
Net assets shrinking
Down £31,972 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£15k
↓ 67% YoY
Current Assets
£82k
↓ 17% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £18.7k | £56.0k |
| Current assets | £81.7k | £98.4k |
| Net assets | £15.5k | £47.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
- 2026-02-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-05-19📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-05-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-05-20📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-05-19➖STRACHAN, Elizabeth Mairi resignedsecretary
- 2021-05-19➖STRACHAN, Norman resigneddirector
- 2021-03-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-02-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-25🏢Company incorporatedAs HI-SAT BROADCAST LTD
- 2017-05-25➕GLENNIE, David appointeddirector
- 2017-05-25➕STRACHAN, Elizabeth Mairi appointedsecretary
- 2017-05-25➕STRACHAN, Norman appointeddirector
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 59 — 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 59. 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Brenda Glennie Individual · British · DOB 07/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/06/2021 |
David Glennie Individual · British · DOB 10/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 25/05/2017 |
1 historic (ceased) PSC
- Norman Strachanceased 19/05/2021· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| I LIKE BIRDS LTD→ SC555068 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| IN THE MIX STUDIO LIMITED→ SC688967 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| INFOSEC ASSURED LTD→ SC837432 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| INKSTER PRODUCTIONS LIMITED→ SC486601 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| INNOVATE AI AUTOMATION LTD→ SC881931 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| INTERACTIVE LEARNING DIARY LIMITED→ SC414002 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| INTERNATIONAL ACADEMY OF ENERGETIC HEALTH LTD→ SC790435 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| INVERNESS CABLING LTD→ SC742924 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ITP SOLUTIONS LTD.→ SC234188 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| J D PICKSLEY LTD→ SC881819 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| JAMIESON SINCLAIR LTD→ SC406752 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| JOANNA ELIZA LTD→ SC753514 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2017-05-25
Jurisdictionscotland
Primary SIC59111 — Motion picture production activities
Registered office
18 Stafford Street
Tain
IV19 1AZ
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-04-01
Last: 2026-03-18
Officers (1 active · 2 resigned)
GLENNIE, David→
Activedirector · ~59y · appointed 2017-05-25
View their other companies + combined net worth →
STRACHAN, Elizabeth Mairi→
Resignedsecretary · appointed 2017-05-25 · resigned 2021-05-19
STRACHAN, Norman→
Resigneddirector · ~71y · appointed 2017-05-25 · resigned 2021-05-19
Click a director name to see their full track record across all companies.
Recent filings (29 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-01
confirmation-statement-with-updates
confirmation-statement · CS01
2022-05-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-05-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-05-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-22