LAGG PROPERTIES LTD

🌳Matureactive
SC260057 · ltd · incorporated 2003-12-01
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 22.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£75.9k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). 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

3 live charges · 2 lenders · oldest 22.0y

50/100
clean up first

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

  • · Oldest live charge is 22.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (68/100)

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
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
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
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 declared
Positive net assets
Net assets £75,929

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£76k
~ YoY
Current Assets
£2k
~ YoY
Current Liabilities
—
£0£15k£30k£46k£61k£76kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£222.0k£222.0k
Current assets£1.8k£1.8k
Net assets£75.9k£75.9k

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
5
filings
  • • 2 gazette
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-02-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-02-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2026-01-21
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-12-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2024-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2023-12-06
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  7. 2023-12-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-09-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-08-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-01-12
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  12. 2020-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-07-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2020-07-13
    🔒
    Charge registered #3
    Lender: Helen Elizabeth Hawkes
  15. 2019-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-02-07
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  17. 2015-07-12
    ➖
    BOWERS, Ronald George resigned
    director
  18. 2005-01-28
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  19. 2004-05-21
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2003-12-29
    ➕
    BOWERS, Mary Joan Maciver appointed
    secretary
  21. 2003-12-29
    ➕
    BOWERS, Mary Joan Maciver appointed
    director
  22. 2003-12-29
    ➕
    BOWERS, Peter Ian appointed
    director
  23. 2003-12-29
    ➖
    BLP SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  24. 2003-12-29
    ➕
    BOWERS, Ronald George appointed
    director
  25. 2003-12-29
    ➖
    BLP CREATIONS LIMITED resigned
    corporate-nominee-director
  26. 2003-12-29
    ➖
    BLP FORMATIONS LIMITED resigned
    corporate-nominee-director
  27. 2003-12-01
    🏢
    Company incorporated
    As LAGG PROPERTIES LTD
  28. 2003-12-01
    ➕
    BLP SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  29. 2003-12-01
    ➕
    BLP CREATIONS LIMITED appointed
    corporate-nominee-director
  30. 2003-12-01
    ➕
    BLP FORMATIONS LIMITED appointed
    corporate-nominee-director

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
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 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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.)

Similar companies

Active · Hospitality · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SIMPSINNS LIMITED→
SC220884 · est 2001
£4.78M
£3.58M–£5.97M
——25524y8564y
WESTERN HOUSE CATERING LIMITED→
SC269741 · est 2004 · no financials extracted
————21y8379y
AUNTIE PATS BOARDING KENNELS LTD→
SC355802 · est 2009
———217y8259y
BRIG O'DOON LIMITED→
SC187703 · est 1998
———027y8274y
CLOWANCE HOLDINGS LIMITED→
SC132922 · est 1991
——£2.73M—34y8271y
COSTLEY INNS & WINE BARS LIMITED→
SC168509 · est 1996
———029y8274y
D.J. DUNABIE (CARAVANS) LIMITED→
SC048808 · est 1971
———354y8281y
FERGUSSON LEISURE LIMITED→
SC181660 · est 1997
———228y8259y
INVERCLOY LIMITED→
SC225106 · est 2001
——£13.1k—24y8276y
MURDOCH HOSPITALITY LIMITED→
SC263833 · est 2004
———3322y8266y
PEMBRAYR PROPERTIES (IRVINE) LIMITED→
SC259596 · est 2003
——£1—22y8270y
SIENA DEVELOPMENTS LIMITED→
SC289950 · est 2005
——£10.7k—20y8267y
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
Incorporated2003-12-01
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

Lagg House
Kilmory
Isle Of Arran
KA27 8PQ
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-01-17
Last: 2026-01-03

Officers (3 active · 4 resigned)

BOWERS, Mary Joan Maciver→
secretary · appointed 2003-12-29
View their other companies + combined net worth →
Active
BOWERS, Mary Joan Maciver→
director · ~52y · appointed 2003-12-29
View their other companies + combined net worth →
Active
BOWERS, Peter Ian→
director · ~58y · appointed 2003-12-29
View their other companies + combined net worth →
Active
BLP SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2003-12-01 · resigned 2003-12-29
Resigned
BOWERS, Ronald George→
director · ~96y · appointed 2003-12-29 · resigned 2015-07-12
Resigned
BLP CREATIONS LIMITED→
corporate-nominee-director · appointed 2003-12-01 · resigned 2003-12-29
Resigned
BLP FORMATIONS LIMITED→
corporate-nominee-director · appointed 2003-12-01 · resigned 2003-12-29
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Helen Elizabeth Hawkes
A registered charge1 property13/07/2020—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property28/01/2005—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property21/05/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-07
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-05
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-01-21
gazette-notice-compulsory
gazette · GAZ1
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-06
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-03
certificate-change-of-name-company
change-of-name · CERTNM
2023-12-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-02