BARRLOCHHEAD TRADING LIMITED

💤Zombieactive
SC641648 · ltd · incorporated 2019-09-16
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 Mar 2025
Net worth
£1.69M
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Financial management
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

Opportunity 71/100 (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: Cash flow review and working-capital discipline. Cash down -75% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

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
5 connected companies via shared directors
60
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
67
Some moderate concerns — review 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 £1,689,380
Net assets shrinking
Down £1,548,514 YoY
Cash draining
Cash down 75% YoY
Cash YoY
-75%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£44k
↓ 75% YoY
Net Worth
£1.7m
↓ 48% YoY
Current Assets
£89k
↓ 60% YoY
Current Liabilities
£0£648k£1.3m£1.9m£2.6m£3.2mMar 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£1.69M£3.24M
Current assets£89.4k£222.9k
Cash£44.1k£177.6k
Debtors£45.3k£45.3k
Net assets£1.69M£3.24M

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

🔒Filing-note intelligence

3 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
0
filings
Last 180 days
2
filings
  • 1 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-11
    AUSTIN, William Ritchie resigned
    director
  3. 2025-11-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2024-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-08-07
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  6. 2024-08-01
    📄
    memorandum-articles
    incorporation · MA
  7. 2024-08-01
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2024-06-11
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  9. 2024-06-11
    📄
    legacy
    capital · SH20
  10. 2024-06-11
    ⚠️
    legacy
    insolvency · CAP-SS
  11. 2024-06-11
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2024-04-04
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  13. 2024-04-04
    📄
    capital-name-of-class-of-shares
    capital · SH08
  14. 2024-04-02
    📄
    memorandum-articles
    incorporation · MA
  15. 2024-04-02
    📄
    resolution
    resolution · RESOLUTIONS
  16. 2023-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2023-06-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2023-06-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2023-06-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2023-06-14
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  21. 2022-11-09
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  22. 2021-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-09-16
    🏢
    Company incorporated
    As BARRLOCHHEAD TRADING LIMITED
  24. 2019-09-16
    AUSTIN, Mark Ritchie appointed
    director
  25. 2019-09-16
    AUSTIN, William Ritchie 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 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-06-11: legacy

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr William Ritchie Austin
Individual · British · DOB 01/1944 · age 82
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/10/2019
1 historic (ceased) PSC
  • Mr Mark Ritchie Austinceased 12/11/2019· 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
Incorporated2019-09-16
Jurisdictionscotland
Primary SIC70221 — Financial management

Registered office

6 Mckean Street
Paisley
PA3 1QP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15

Officers (1 active · 1 resigned)

AUSTIN, Mark Ritchie
director · ~58y · appointed 2019-09-16
View their other companies + combined net worth →
Active
AUSTIN, William Ritchie
director · ~82y · appointed 2019-09-16 · resigned 2025-11-11
Resigned

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

Recent filings (40 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-15
termination-director-company-with-name-termination-date
officers · TM01
2025-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-17
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-08-07
memorandum-articles
incorporation · MA
2024-08-01
resolution
resolution · RESOLUTIONS
2024-08-01
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-06-11
legacy
capital · SH20
2024-06-11
legacy
insolvency · CAP-SS
2024-06-11
resolution
resolution · RESOLUTIONS
2024-06-11
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-04-04
capital-name-of-class-of-shares
capital · SH08
2024-04-04
memorandum-articles
incorporation · MA
2024-04-02