LMC ACCOUNTANTS LTD

💤Zombieactive
SC254611 · ltd · incorporated 2003-08-21
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 Dec 2024
Net worth
£20.6k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 75/100. 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 -53% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £20,635
Net assets shrinking
Down £3,543 YoY
Cash draining
Cash down 53% YoY
Cash YoY
-53%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£12k
↓ 53% YoY
Net Worth
£21k
↓ 15% YoY
Current Assets
£106k
↓ 6.9% YoY
Current Liabilities
£0£23k£46k£68k£91k£114kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£31.0k£46.5k
Current assets£105.9k£113.8k
Cash£11.7k£25.0k
Debtors£67.5k£62.9k
Net assets£20.6k£24.2k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-04-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-30
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2023-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-02-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2022-01-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2022-01-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2022-01-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2022-01-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-01-26
    PEARSTON, Ann resigned
    director
  12. 2022-01-26
    PEARSTON, Douglas resigned
    director
  13. 2022-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-04-01
    CARSON, Linda Margaret appointed
    director
  16. 2021-04-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2021-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2021-04-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2020-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2020-10-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2020-09-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2013-08-21
    PEARSTON, Ann resigned
    secretary
  23. 2003-08-26
    FORM 10 SECRETARIES FD LTD resigned
    corporate-nominee-secretary
  24. 2003-08-26
    FORM 10 DIRECTORS FD LTD resigned
    corporate-nominee-director
  25. 2003-08-21
    🏢
    Company incorporated
    As LMC ACCOUNTANTS LTD
  26. 2003-08-21
    PEARSTON, Ann appointed
    secretary
  27. 2003-08-21
    FORM 10 SECRETARIES FD LTD appointed
    corporate-nominee-secretary
  28. 2003-08-21
    PEARSTON, Ann appointed
    director
  29. 2003-08-21
    PEARSTON, Douglas appointed
    director
  30. 2003-08-21
    FORM 10 DIRECTORS FD LTD appointed
    corporate-nominee-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
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

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%
NameSharesVoting rightsNature of controlNotified
Miss Linda Margaret Carson
Individual · British · DOB 01/1972 · age 54
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/01/2022
2 historic (ceased) PSCs
  • Mr Douglas Pearstonceased 26/01/2022· 25-50% shares
  • Mrs Ann Pearstonceased 26/01/2022· 25-50% shares

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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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
Incorporated2003-08-21
Jurisdictionscotland
Primary SIC69201 — Accounting and auditing activities

Registered office

73 Stirling Business Centre
Wellgreen Place
Stirling
FK8 2DZ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-04
Last: 2025-08-21

Officers (1 active · 5 resigned)

CARSON, Linda Margaret
director · ~54y · appointed 2021-04-01
View their other companies + combined net worth →
Active
PEARSTON, Ann
secretary · appointed 2003-08-21 · resigned 2013-08-21
Resigned
FORM 10 SECRETARIES FD LTD
corporate-nominee-secretary · appointed 2003-08-21 · resigned 2003-08-26
Resigned
PEARSTON, Ann
director · ~71y · appointed 2003-08-21 · resigned 2022-01-26
Resigned
PEARSTON, Douglas
director · ~70y · appointed 2003-08-21 · resigned 2022-01-26
Resigned
FORM 10 DIRECTORS FD LTD
corporate-nominee-director · appointed 2003-08-21 · resigned 2003-08-26
Resigned

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

Recent filings (72 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-06
certificate-change-of-name-company
change-of-name · CERTNM
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-02-02
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-27
termination-director-company-with-name-termination-date
officers · TM01
2022-01-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-27
termination-director-company-with-name-termination-date
officers · TM01
2022-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-25