BYNARIO LIMITED

💤Zombieactive
SC629099 · ltd · incorporated 2019-04-30
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
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Turnover
year to Apr 2025
Net worth
£-129.8k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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, 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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £129,752

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£130k
~ YoY
Current Assets
Current Liabilities
-£130k-£104k-£78k-£52k-£26k£1Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Total assets£1
Current assets£1
Cash£1
Net assets£-129.8k£-129.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 address
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-11-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-08-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2025-01-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-10-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2024-03-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-05-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2022-10-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2022-07-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-06-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2020-07-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2019-04-30
    🏢
    Company incorporated
    As BYNARIO LIMITED
  12. 2019-04-30
    CAMPBELL, Scott appointed
    director
  13. 2019-04-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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 61 — approaching natural succession window.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 61. 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
Scott Campbell
Individual · British · DOB 06/1965 · age 61
75100%
75-100% shares30/04/2019

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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2019-04-30
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

85 Paul Street
Lochgelly
KY5 9AN
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (1 active · 0 resigned)

CAMPBELL, Scott
director · ~61y · appointed 2019-04-30
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-10-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-30