ASSURE LIMITED
💤Zombieactive
SC202408 · ltd · incorporated 1999-12-16
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 Mar 2025
Net worth
£3.18M
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueAsset-holding vehicle with a 71-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 23.1y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 23.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (76/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 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
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £3,178,306
Key financials
2 years extracted from filed iXBRL accountsCash
£2.9m
Net Worth
£3.2m
↑ 240% YoY
Current Assets
£2.9m
↑ 4344% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £3.18M | £935.2k |
| Current assets | £2.88M | £64.8k |
| Cash | £2.88M | — |
| Net assets | £3.18M | £935.2k |
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
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
- 2025-08-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-07-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-04➕CANNON, Anne appointedsecretary
- 2024-11-04📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-01-08➖CAMERON, Claire resignedsecretary
- 2024-01-08➖CANNON, Miriam resignedsecretary
- 2024-01-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-17📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-12-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-12-11➕CANNON, Miriam appointeddirector
- 2023-12-11➖CANNON, Peter resigneddirector
- 2023-06-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-06-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-04-27🔓Charge satisfied #3
- 2010-08-28🔓Charge satisfied #1
- 2010-08-02🔒Charge registered #3Lender: Lloyds Tsb Scotland PLC
- 2010-07-27🔓Charge satisfied #2
- 2010-01-06🔒Charge registered #2Lender: Clydebank Property Company Limited
- 2009-01-28➕CANNON, Miriam appointedsecretary
- 2003-03-17🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1999-12-16🏢Company incorporatedAs ASSURE LIMITED
- 1999-12-16➕CAMERON, Claire appointedsecretary
- 1999-12-16➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1999-12-16➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1999-12-16➕CANNON, Peter appointeddirector
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 71 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Miriam Cannon Individual · British · DOB 10/1955 · age 71 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 11/12/2023 |
1 historic (ceased) PSC
- Mr Peter Cannonceased 11/12/2023· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B&H ALCORN PROPERTIES LTD→ SC786617 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BCT ALLIANCE LTD→ SC745057 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BEACON LETS LIMITED→ SC624622 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| BEAT HOLLOW LIMITED→ SC727276 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BEATTIE ASSETS LTD→ SC764469 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BEAUTIFUL ROCK LIMITED→ SC651654 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| BELGATE (DUNFERMLINE) LIMITED→ SC835085 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BELL DEVELOPMENTS (SCOTLAND) LIMITED→ SC113130 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| BELLAME SM LIMITED→ SC740404 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BELLCOVE LIMITED→ SC504444 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BELTRACE (ANTONINE) LIMITED→ SC742725 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| BEN BLACK LIMITED→ SC256282 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
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
Incorporated1999-12-16
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
9 Lady Jane Gate
Bothwell
Glasgow
Lanarkshire
G71 8BW
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27
Officers (2 active · 4 resigned)
Active
CANNON, Miriam→
Activedirector · ~71y · appointed 2023-12-11
View their other companies + combined net worth →
CAMERON, Claire→
Resignedsecretary · appointed 1999-12-16 · resigned 2024-01-08
CANNON, Miriam→
Resignedsecretary · appointed 2009-01-28 · resigned 2024-01-08
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1999-12-16 · resigned 1999-12-16
CANNON, Peter→
Resigneddirector · ~87y · appointed 1999-12-16 · resigned 2023-12-11
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Lloyds Tsb Scotland PLC | Standard security | 1 property | 02/08/2010 | 27/04/2018 | |
| satisfied | Clydebank Property Company Clydebank Property Company Limited | Standard security | 1 property | 06/01/2010 | 27/07/2010 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/03/2003 | 28/08/2010 |
Recent filings (70 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-02
appoint-person-secretary-company-with-name-date
officers · AP03
2024-11-04
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-08
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-08
appoint-person-director-company-with-name-date
officers · AP01
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-17
termination-director-company-with-name-termination-date
officers · TM01
2023-12-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-16