LGK LIMITED
🌳Matureactive
SC205424 · ltd · incorporated 2000-03-24
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 13.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£645.3k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 47599Retail sale of furniture, lighting, and similar (not musical instruments or scores) in specialised stores
Investor take
PursueActive trading company with a 68-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 13.1y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 13.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
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 £645,267
Net assets shrinking
Down £9,098 YoY
Cash YoY
+80%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£106k
↑ 80% YoY
Net Worth
£645k
↓ 1.4% YoY
Current Assets
£215k
↑ 34% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £777.6k | £744.3k |
| Current assets | £214.8k | £160.2k |
| Cash | £106.1k | £59.0k |
| Debtors | £35.7k | £19.4k |
| Net assets | £645.3k | £654.4k |
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
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 persons-with-significant-control
Last 90 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 persons-with-significant-control
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 officers
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-04-13📄change-person-director-company-with-change-dateofficers · CH01
- 2026-04-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-09-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-09-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-09-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-08-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-09-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-11-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-10-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-10-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2017-10-23📄capital-alter-shares-subdivisioncapital · SH02
- 2017-01-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-21➖BARRY, Kevin resigneddirector
- 2014-11-24➕BARRY, Greg appointeddirector
- 2014-11-24➕BARRY, Liam appointeddirector
- 2013-04-04🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2013-03-05🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2004-11-01➕BARRY, Kathleen appointeddirector
- 2000-04-27➕BARRY, Kathleen appointedsecretary
- 2000-04-27➖PF & S (SECRETARIES) LIMITED resignedcorporate-nominee-secretary
- 2000-04-27➕BARRY, Kevin appointeddirector
- 2000-04-27➖PF & S (DIRECTORS) LIMITED resignedcorporate-nominee-director
- 2000-03-24🏢Company incorporatedAs LGK LIMITED
- 2000-03-24➕PF & S (SECRETARIES) LIMITED appointedcorporate-nominee-secretary
- 2000-03-24➕PF & S (DIRECTORS) LIMITED appointedcorporate-nominee-director
Owner dependency
83/100
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
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 68 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 26 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Greg Barry Individual · British · DOB 02/1993 · age 33 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/09/2017 |
Liam Barry Individual · British · DOB 01/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 22/09/2017 |
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 · Retail · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| SKYE'S FINISHING TOUCHES LTD→ SC374899 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| SOUTH QUEENSFERRY HEALTHCARE LIMITED→ SC786565 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SPEYSIDE ECO-HEAT LIMITED→ SC418480 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| STUFF'D UP LTD→ SC859379 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THE HIGHLAND WEIGH LTD→ SC728082 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| THE LOSSIEMOUSE LTD→ SC880390 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| THISTLE PHARMA LIMITED→ SC481884 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| THREAPLANDS LIMITED→ SC247592 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| TORNAGRAIN STORES LIMITED→ SC737230 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| TORRIDON STORES & CAFÉ LTD→ SC863405 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TOTALIFE LTD→ SC864353 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| TRAILOFY LTD→ SC853599 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2000-03-24
Jurisdictionscotland
Primary SIC47530 — Retail sale of carpets, rugs, wall and floor coverings in specialised stores
Registered office
Homestore, The Smiddy
Ormidale Place
Dingwall
Ross-Shire
IV15 9SJ
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24
Officers (4 active · 3 resigned)
Active
Active
BARRY, Kathleen→
Activedirector · ~68y · appointed 2004-11-01
View their other companies + combined net worth →
Active
PF & S (SECRETARIES) LIMITED→
Resignedcorporate-nominee-secretary · appointed 2000-03-24 · resigned 2000-04-27
BARRY, Kevin→
Resigneddirector · ~69y · appointed 2000-04-27 · resigned 2015-10-21
PF & S (DIRECTORS) LIMITED→
Resignedcorporate-nominee-director · appointed 2000-03-24 · resigned 2000-04-27
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 | Standard security | 1 property | 04/04/2013 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 05/03/2013 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (79 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-14
change-person-director-company-with-change-date
officers · CH01
2026-04-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-07-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-08-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-27