CARNETHY WEALTH LTD

💤Zombieactive
SC693982 · ltd · incorporated 2021-03-30
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
Upgrade to see
Turnover
year to Dec 2024
Net worth
£52.5k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Financial management
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 70/100 (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 (58/100).

Data confidence

Overall: high (80/100)

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
3 connected companies via shared directors
54
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £52,493

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£52k
Current Assets
£97k
Current Liabilities
£0£19k£39k£58k£77k£97kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£196.1k
Current assets£96.8k
Net assets£52.5k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-31
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2024-12-31
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-12-05
    SHAND, Alan William Birnie resigned
    director
  5. 2024-12-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-12-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-05-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-09-22
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2022-09-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-09-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-03-30
    🏢
    Company incorporated
    As CARNETHY WEALTH LTD
  13. 2021-03-30
    BURNS, William John appointed
    director
  14. 2021-03-30
    SHAND, Alan William Birnie appointed
    director
  15. 2021-03-30
    📄
    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 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-12-31: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr William John Burns
Individual · Scottish · DOB 05/1975 · age 51
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/03/2021
1 historic (ceased) PSC
  • Mr Alan William Birnie Shandceased 05/12/2024· 25-50% shares · 25-50% 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

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
Incorporated2021-03-30
Jurisdictionscotland
Primary SIC70221 — Financial management

Registered office

3 Kintail Place
Dunfermline
KY11 8FP
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-19
Last: 2025-12-05

Officers (1 active · 1 resigned)

BURNS, William John
director · ~51y · appointed 2021-03-30
View their other companies + combined net worth →
Active
SHAND, Alan William Birnie
director · ~44y · appointed 2021-03-30 · resigned 2024-12-05
Resigned

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

Recent filings (16 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-17
certificate-change-of-name-company
change-of-name · CERTNM
2024-12-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-05
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-12-05
termination-director-company-with-name-termination-date
officers · TM01
2024-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
change-account-reference-date-company-current-shortened
accounts · AA01
2022-09-22
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-29