EDN LTD

💤Zombieactive
SC722499 · ltd · incorporated 2022-02-08
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 Feb 2025
Net worth
book net assets
Opportunity
71/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 06200
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 43210Electrical installation
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. 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: medium (78/100)

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

Company profile
address, 2 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
11 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28

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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (9 events)Click to expand
  1. 2025-11-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-10-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-06-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  4. 2023-06-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-05-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-04-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2022-02-08
    🏢
    Company incorporated
    As EDN LTD
  8. 2022-02-08
    LINDSAY, Greir Martin appointed
    director
  9. 2022-02-08
    📄
    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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Greir Martin Lindsay
Individual · British · DOB 10/1989 · age 37
75100%
75–100%board control75-100% shares · 75-100% voting · board control08/02/2022

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

Similar companies

Active · Manufacturing · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AMBICO OFFSHORE LIMITED
SC400323 · est 2011 · no financials extracted
14y
B WHITT LTD
SC489991 · est 2014 · no financials extracted
11y
BLUE BOY SERVICES LIMITED
SC541705 · est 2016 · no financials extracted
9y
BROUGHTY ELECTRICAL LTD
SC556395 · est 2017 · no financials extracted
9y
CARSE SERVICES LTD
SC350659 · est 2008 · no financials extracted
17y
DM ELECTRICAL ACCESS SERVICES LTD
SC509540 · est 2015 · no financials extracted
10y
DRAGONFLY YURTS LIMITED
SC503737 · est 2015 · no financials extracted
10y
DTC ENGINEERING LTD
SC835822 · est 2025 · no financials extracted
1y
E.P. ENGINEERING COMPANY (DUNDEE) LIMITED
SC063906 · est 1978 · no financials extracted
48y
EDINBURGH SASH WINDOWS LTD
SC627221 · est 2019 · no financials extracted
7y
ELIZABETH HUMBLE JEWELLERY LTD
SC707054 · est 2021 · no financials extracted
4y
ENOUGH ENTERTAINMENT LTD
SC700734 · est 2021 · no financials extracted
4y
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
Incorporated2022-02-08
Jurisdictionscotland
Primary SIC06200 — SIC 06200

Registered office

22 Patons Lane
Dundee
DD2 1BU
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-21
Last: 2026-02-07

Officers (1 active · 0 resigned)

LINDSAY, Greir Martin
director · ~37y · appointed 2022-02-08
View their other companies + combined net worth →
Active

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

Recent filings (11 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-dormant
accounts · AA
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-26
accounts-with-accounts-type-dormant
accounts · AA
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-29
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-17
accounts-with-accounts-type-dormant
accounts · AA
2023-06-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-10
gazette-notice-compulsory
gazette · GAZ1
2023-04-25
incorporation-company
incorporation · NEWINC
2022-02-08