ARGO FXCO LIMITED
💤Zombieactive
13929445 · ltd · incorporated 2022-02-21
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
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (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).
🏦
Refinance opportunity
1 live charge · oldest 4.3y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.3 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
- 2025-07-09📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2025-07-09📄legacyaccounts · PARENT_ACC
- 2025-07-09📄legacyother · GUARANTEE2
- 2025-07-09📄legacyother · AGREEMENT2
- 2025-02-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2025-02-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-10-10📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2024-08-08📄legacyaccounts · PARENT_ACC
- 2024-08-05📄legacyother · GUARANTEE2
- 2024-08-05📄legacyother · AGREEMENT2
- 2023-10-28📄accounts-with-accounts-type-audit-exemption-subsiduaryaccounts · AA
- 2023-10-28📄legacyaccounts · PARENT_ACC
- 2023-10-28📄legacyother · GUARANTEE2
- 2023-10-28📄legacyother · AGREEMENT2
- 2023-02-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-12-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-24➖OLSEN, Frank Georg Opsahl, Mr. resigneddirector
- 2022-11-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-09➕HARMSTORF, Benjamin appointeddirector
- 2022-10-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-10-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-21📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2022-08-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-07-27➖HARMSTORF, Benjamin resigneddirector
- 2022-07-20➖ELKINGTON, Charles Edward Nicholas resigneddirector
- 2022-07-20➕HARMSTORF, Benjamin appointeddirector
- 2022-07-20➕OLSEN, Frank Georg Opsahl, Mr. appointeddirector
- 2022-07-20➖WILBY, Alexander David resigneddirector
- 2022-04-01🔒Charge registered #1Lender: Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument))
- 2022-02-21🏢Company incorporatedAs ARGO FXCO LIMITED
- 2022-02-21➕ELKINGTON, Charles Edward Nicholas appointeddirector
- 2022-02-21➕WILBY, Alexander David appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Beagle Midco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Beagle Midco Limited
Corporate parent · holds 75-100% shares · board control
⬇
ARGO FXCO LIMITED
This company · 13929445
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Beagle Midco Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 21/02/2022 |
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 →Similar companies
Active · Holding company · EC postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AR PROPERTY SERVICES SURREY LIMITED→ 15953127 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARGENTA MIDCO 2 LIMITED→ 12988372 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| ARIZIA VENTURES LIMITED→ 16532512 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARKADIAN STRATEGIC METALS LIMITED→ 17050306 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARKAS TOPCO LIMITED→ 16708157 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARLINGTON NO.3 BOND ISSUER PLC→ 09979482 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| ARLINGTON WESTCOUNTRY DEBTCO PLC→ 12154278 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ARMA FUSION LTD→ 10390952 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ARMACANA LIMITED→ 15625744 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ARMIK CAPITAL LTD→ 16715529 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARMITAGE INDUSTRIAL 4 LIMITED→ 15258460 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ARMITAGE INDUSTRIAL HOLDINGS LIMITED→ 15256847 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2022-02-21
Jurisdictionengland-wales
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
10 Lloyd's Avenue
London
EC3N 3AJ
United Kingdom
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02
Officers (1 active · 4 resigned)
HARMSTORF, Benjamin→
Activedirector · ~50y · appointed 2022-11-09
View their other companies + combined net worth →
ELKINGTON, Charles Edward Nicholas→
Resigneddirector · ~56y · appointed 2022-02-21 · resigned 2022-07-20
HARMSTORF, Benjamin→
Resigneddirector · ~50y · appointed 2022-07-20 · resigned 2022-07-27
OLSEN, Frank Georg Opsahl, Mr.→
Resigneddirector · ~47y · appointed 2022-07-20 · resigned 2022-11-24
WILBY, Alexander David→
Resigneddirector · ~36y · appointed 2022-02-21 · resigned 2022-07-20
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Ares Management (As Security Trustee for the Secured Parties (as Defined in the Instrument)) Ares Management Limited (As Security Trustee for the Secured Parties (as Defined in the Instrument)) | A registered charge | — | 01/04/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-02
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-07-09
legacy
accounts · PARENT_ACC
2025-07-09
legacy
other · GUARANTEE2
2025-07-09
legacy
other · AGREEMENT2
2025-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-07
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-10
legacy
accounts · PARENT_ACC
2024-08-08
legacy
other · GUARANTEE2
2024-08-05
legacy
other · AGREEMENT2
2024-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-20
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-10-28
legacy
accounts · PARENT_ACC
2023-10-28