LANDEK LIMITED
🌳Matureactive
SC046174 · ltd · incorporated 1968-12-16
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£2.19M
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 80/100. 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 -84% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 1.2y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.2 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 4 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
106 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £2,189,952
Cash draining
Cash down 84% YoY
Cash YoY
-84%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£7k
↓ 84% YoY
Net Worth
£2.2m
↑ 36% YoY
Current Assets
£46k
↓ 43% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £2.98M | £1.65M |
| Current assets | £45.8k | £79.9k |
| Cash | £6.7k | £41.0k |
| Debtors | £39.1k | £38.8k |
| Net assets | £2.19M | £1.61M |
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 confirmation-statement
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-03-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-11🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2025-03-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-02-19🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2024-03-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-06-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-06-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-03-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-03-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-11-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-11-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-03-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-18➕FARRELL, Jennifer Barbara appointeddirector
- 2015-07-03➖LACIOK, Robert resignedsecretary
- 2015-07-03➖LACIOK, Robert resigneddirector
- 2012-03-07➖LACIOK, Robert Raymond resigneddirector
- 1996-12-18➕LACIOK, Richard Gavin appointeddirector
- 1968-12-16🏢Company incorporatedAs LANDEK LIMITED
Owner dependency
68/100
High — earn-out structure requiredMaterial 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.
- +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 57 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Richard Gavin Laciok Individual · British · DOB 11/1976 · age 50 | 50–75% | 50–75% | board control50-75% shares · 50-75% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mr Robert Laciokceased 06/04/2016· 50-75% shares · 50-75% 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 →Similar companies
Active · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LEASELORDS LIMITED→ SC837137 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LECKETHILL PROPERTIES LTD→ SC777840 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LEMAY INVESTMENTS LIMITED→ SC253839 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LEMON2017 LIMITED→ SC573274 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LENNON PROPERTY LTD→ SC708702 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| LETSBWISE SALES LTD→ SC844591 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LEWIN LETTINGS LIMITED→ SC750854 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LEYDEN INVESTMENTS LIMITED→ SC049347 · est 1971 · no financials extracted | — | — | — | — | 54y | — | — |
| LIDDELL BUCHANAN PROPERTIES LIMITED→ SC555387 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| LILYBANK PROPERTIES LIMITED→ SC606041 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| LIN PROPERTY MANAGEMENT LTD→ SC744082 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| LINEPIECE LIMITED→ SC233210 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated1968-12-16
Jurisdictionscotland
Primary SIC68201 — Renting and operating of Housing Association real estate
Registered office
11 Grosvenor Terrace
Glasgow
Lanarkshire
G12 0TB
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-05-10
Last: 2026-04-26
Officers (2 active · 3 resigned)
FARRELL, Jennifer Barbara→
Activedirector · ~46y · appointed 2016-03-18
View their other companies + combined net worth →
LACIOK, Richard Gavin→
Activedirector · ~50y · appointed 1996-12-18
View their other companies + combined net worth →
LACIOK, Robert→
Resignedsecretary · resigned 2015-07-03
LACIOK, Robert→
Resigneddirector · ~102y · resigned 2015-07-03
LACIOK, Robert Raymond→
Resigneddirector · ~74y · resigned 2012-03-07
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 11/03/2025 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 19/02/2025 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (106 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-03-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-05
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-31
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-06
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-06-11