CARGEN TOWER LIMITED

🌳Matureactive
SC252204 · ltd · incorporated 2003-07-03
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Renting and operating of Housing Association real estate
Sector: Real estate
Investor take
Pursue
Property-backed borrower with a 82-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 22.7y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 22.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-08-312024-08-31
Average employees300300

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-04-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-06
    📍
    change-sail-address-company-with-new-address
    address · AD02
  6. 2023-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-04-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-06-28
    📄
    capital-allotment-shares
    capital · SH01
  13. 2016-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-01-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-07-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2006-05-29
    ➖
    COLEMAN, Michael Peter Graham resigned
    director
  17. 2003-09-08
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  18. 2003-08-07
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2003-07-03
    🏢
    Company incorporated
    As CARGEN TOWER LIMITED
  20. 2003-07-03
    ➕
    WALLACE, Ian appointed
    secretary
  21. 2003-07-03
    ➕
    ARTHUR, Alexander appointed
    director
  22. 2003-07-03
    ➕
    HEWITSON, William James appointed
    director
  23. 2003-07-03
    ➕
    WALLACE, Ian appointed
    director
  24. 2003-07-03
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  25. 2003-07-03
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  26. 2003-07-03
    ➕
    COLEMAN, Michael Peter Graham appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alexander Arthur
Individual · British · DOB 01/1944 · age 82
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr William James Hewitson
Individual · Scottish · DOB 08/1958 · age 68
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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————6y——
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———————
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———————
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
Incorporated2003-07-03
Jurisdictionscotland
Primary SIC68201 — Renting and operating of Housing Association real estate

Registered office

The Hollies
Peatford Road
Lockerbie
DG11 1BJ

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-07-17
Last: 2025-07-03

Officers (4 active · 2 resigned)

WALLACE, Ian→
secretary · appointed 2003-07-03
View their other companies + combined net worth →
Active
ARTHUR, Alexander→
director · ~82y · appointed 2003-07-03
View their other companies + combined net worth →
Active
HEWITSON, William James→
director · ~68y · appointed 2003-07-03
View their other companies + combined net worth →
Active
WALLACE, Ian→
director · ~71y · appointed 2003-07-03
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-07-03 · resigned 2003-07-03
Resigned
COLEMAN, Michael Peter Graham→
director · ~72y · appointed 2003-07-03 · resigned 2006-05-29
Resigned

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
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property08/09/2003—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property07/08/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-05
change-person-director-company-with-change-date
officers · CH01
2024-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-18
change-sail-address-company-with-new-address
address · AD02
2023-07-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-28