ELLIOT G SAX LTD

🌱Startupactive
SC827153 · ltd · incorporated 2024-10-28
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
year to Oct 2025
Net worth
£24.8k
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Sound recording and music publishing activities
Sector: Information & communication
ALSO REGISTERED FOR
  • 77291Renting and leasing of media entertainment equipment
  • 90010Performing arts
  • 90020Support activities to performing arts
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
8 filings
60
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £24,849
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£25k
Current Assets
£52k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-10-31
Total assets£59.7k
Current assets£51.9k
Net assets£24.8k

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
1
filing
  • 1 officers
Last 90 days
2
filings
  • 1 officers
  • 1 accounts
Last 180 days
7
filings
  • 2 officers
  • 2 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2026-04-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-04-01
    ROBERTSON, Jodie Lucy appointed
    director
  3. 2026-03-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2026-01-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2026-01-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2026-01-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2026-01-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-10-28
    🏢
    Company incorporated
    As ELLIOT G SAX LTD
  9. 2024-10-28
    GOURLAY, Elliot James appointed
    director
  10. 2024-10-28
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 1.5 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Elliot James Gourlay
Individual · British · DOB 09/1999 · age 27
2550%
25–50%board control25-50% shares · 25-50% voting · board control28/10/2024
Miss Jodie Lucy Robertson
Individual · British · DOB 03/2000 · age 26
2550%
25–50%board control25-50% shares · 25-50% voting · board control28/10/2024

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

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
Incorporated2024-10-28
Jurisdictionscotland
Primary SIC59200 — Sound recording and music publishing activities

Registered office

24 Albert Drive
Coaltown Of Wemyss
Fife
KY1 4BZ
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27

Officers (2 active · 0 resigned)

GOURLAY, Elliot James
director · ~27y · appointed 2024-10-28
View their other companies + combined net worth →
Active
ROBERTSON, Jodie Lucy
director · ~26y · appointed 2026-04-01
View their other companies + combined net worth →
Active

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

Recent filings (8 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-04-08
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-06
change-person-director-company-with-change-date
officers · CH01
2026-01-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
incorporation-company
incorporation · NEWINC
2024-10-28