56'N LTD

💤Zombieactive
SC572938 · ltd · incorporated 2017-08-04
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 Aug 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Book publishing
Sector: Information & communication
ALSO REGISTERED FOR
  • 58142Publishing of consumer and business journals and periodicals
  • 68209Other letting and operating of own or leased real estate
  • 70210Public relations and communications activities
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (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 (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
Network not yet resolved
30
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
82
Few red 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£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees200200

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 address
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 address
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-02-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-02-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-12-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-11-28
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-11-19
    SHTIA, Feda Saleh resigned
    director
  8. 2024-02-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-01-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-01-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2021-01-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2021-01-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2020-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-03-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2020-01-01
    SHTIA, Feda Saleh appointed
    director
  20. 2017-08-04
    🏢
    Company incorporated
    As 56'N LTD
  21. 2017-08-04
    CAMPBELL, Iliyas Mohammed appointed
    director

Owner dependency

83/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Iliyas Mohammed Campbell
Individual · British · DOB 12/1968 · age 58
75100%
75–100%75-100% shares · 75-100% voting04/08/2017
1 historic (ceased) PSC
  • Mrs Feda Saleh Shtiaceased 19/11/2024· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2017-08-04
Jurisdictionscotland
Primary SIC58110 — Book publishing

Registered office

Lodge 92 Stewarts Resort
St Andrews
Fife
KY16 8PE
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27

Officers (1 active · 1 resigned)

CAMPBELL, Iliyas Mohammed
director · ~58y · appointed 2017-08-04
View their other companies + combined net worth →
Active
SHTIA, Feda Saleh
director · ~50y · appointed 2020-01-01 · resigned 2024-11-19
Resigned

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

Recent filings (28 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-02-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-04
termination-director-company-with-name-termination-date
officers · TM01
2024-11-28
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-31