ART DECO CARRON RESTAURANT LTD.

💤Zombieactive

SC218207 · ltd · incorporated 2001-04-19

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Apr 2025

Net worth

£201.4k

book net assets

Opportunity

82/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Buying and selling of own real estate

Sector: Real estate

Investor take

Pursue

Property-backed borrower with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -96% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 24.6y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 24.6 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· 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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

6 officers (2 active, 6 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

65 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒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

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £201,413

Cash draining

Cash down 96% YoY

Cash YoY

-96%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£3k

↓ 96% YoY

Net Worth

£201k

↑ 5.5% YoY

Current Assets

—

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	£201.4k	£191.0k
Cash	£3.0k	£80.6k
Net assets	£201.4k	£191.0k

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-12-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-04-27
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-01-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-24
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-11-11
➖
MORRISON, John resigned
director
2017-01-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-05-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-01-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2015-10-04
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2015-07-01
➕
AC MORRISON & RICHARDS LLP appointed
corporate-secretary
2015-07-01
➖
A C MORRISON & RICHARDS resigned
corporate-secretary
2011-08-06
🔓
Charge satisfied #1
2003-03-19
🔒
Charge registered #2
Lender: Clydesdale Bank Public Limited Company
2001-10-24
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2001-04-19
🏢
Company incorporated
As ART DECO CARRON RESTAURANT LTD.
2001-04-19
➕
MORRISON, John Campbell appointed
director
2001-04-19
➕
A C MORRISON & RICHARDS appointed
corporate-secretary
2001-04-19
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2001-04-19
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2001-04-19
➕
MORRISON, John appointed
director
2001-04-19
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2001-04-19
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

93/100

Critical — business is the founder

The 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.
+Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

85/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 25 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

clean

No 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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr John Campbell Morrison Individual · British · DOB 06/1964 · age 62	75–100%	—	75-100% shares	06/04/2016

1 historic (ceased) PSC

Mr John Morrisonceased 11/11/2017· significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Property · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ROBERT WHITELAW (ABERDEEN) LIMITED→ SC053906 · est 1973	£4.84M £4.11M–£5.56M	—	£4.84M	—	52y	83	76y
OMATRON LIMITED→ SC278277 · est 2005	£1.85M £1.57M–£2.13M	—	£1.85M	—	21y	83	72y
BEN THOW LIMITED→ SC058084 · est 1975	£1.51M £1.29M–£1.74M	—	£1.51M	—	50y	82	69y
JACKAL PROPERTIES LIMITED→ SC228832 · est 2002	£1.29M £1.10M–£1.49M	—	£1.29M	—	24y	83	71y
ST. MALO HOUSE LIMITED→ SC285478 · est 2005	£1.20M £1.02M–£1.38M	—	£1.20M	—	20y	83	80y
F.G. BURNETT LIMITED→ SC202175 · est 1999	£1.01M £861.9k–£1.17M	—	£1.01M	—	26y	83	65y
ABBOTSHALL SERVICES LIMITED→ SC305853 · est 2006	£581.0k £493.8k–£668.1k	—	£581.0k	—	19y	82	68y
BANCHORY CAR CENTRE LTD.→ SC356740 · est 2009	£526.7k £447.7k–£605.7k	—	£526.7k	—	17y	82	71y
BOWDEN BUILDINGS LTD→ SC279331 · est 2005	£492.7k £418.8k–£566.6k	—	£492.7k	—	21y	82	62y
THISTLE STREET PROPERTIES LIMITED→ SC312791 · est 2006	£327.7k £278.5k–£376.8k	—	£327.7k	—	19y	83	61y
AMZ PROPERTIES LIMITED→ SC268771 · est 2004	£155.8k £132.5k–£179.2k	—	£155.8k	—	21y	82	79y
A.R.N. ENERGY LIMITED→ SC366947 · est 2009	£136.9k £116.4k–£157.4k	—	£136.9k	—	16y	83	69y

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

Incorporated2001-04-19

Jurisdictionscotland

Primary SIC68100 — Buying and selling of own real estate

Registered office

18 Bon Accord Crescent

Aberdeen

AB11 6XY

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-05-03

Last: 2026-04-19

Officers (2 active · 4 resigned)

AC MORRISON & RICHARDS LLP→

corporate-secretary · appointed 2015-07-01

View their other companies + combined net worth →

Active

MORRISON, John Campbell→

director · ~62y · appointed 2001-04-19

View their other companies + combined net worth →

Active

A C MORRISON & RICHARDS→

corporate-secretary · appointed 2001-04-19 · resigned 2015-07-01

Resigned

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2001-04-19 · resigned 2001-04-19

Resigned

MORRISON, John→

director · ~92y · appointed 2001-04-19 · resigned 2017-11-11

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2001-04-19 · resigned 2001-04-19

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Virgin Money Clydesdale Bank Public Limited Company	Standard security	1 property	19/03/2003	—
	satisfied	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	24/10/2001	06/08/2011

Click column headers to sort. Use filters above to narrow by status and lender.