LOGAN HEALTHCARE LTD

💤Zombieactive
SC383809 · ltd · incorporated 2010-08-17
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 Aug 2024
Net worth
£1.18M
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other human health activities
Sector: Human health & social work
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: strategic trade sale (65/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
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 £1,177,086
Cash YoY
+33%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£440k
↑ 33% YoY
Net Worth
£1.2m
↑ 28% YoY
Current Assets
£1.5m
↑ 7.4% YoY
Current Liabilities
£0£292k£584k£877k£1.2m£1.5mAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£1.18M£917.5k
Current assets£1.46M£1.36M
Cash£440.0k£331.5k
Debtors£861.6k£933.0k
Net assets£1.18M£917.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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 (17 events)Click to expand
  1. 2025-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-08-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2020-07-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-05-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-05-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-06-01
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2015-09-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-04-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2014-08-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2010-08-17
    🏢
    Company incorporated
    As LOGAN HEALTHCARE LTD
  17. 2010-08-17
    MOHAMMED, Ahdul Farooq appointed
    director

Owner dependency

90/100
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 16 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

68/100
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.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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.)

Group structure

Logan Holding Company Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Logan Holding Company Limited
Corporate parent · holds 75-100% shares
ultimate parent
LOGAN HEALTHCARE LTD
This company · SC383809

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Logan Holding Company Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting30/06/2016
Mr Ahdul Mohammed
Individual · British · DOB 01/1983 · age 43
board controlboard control30/06/2016

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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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
Incorporated2010-08-17
Jurisdictionscotland
Primary SIC86900 — Other human health activities

Registered office

77 Dunn Street
Glasgow
G40 3PA
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-31
Last: 2025-08-17

Officers (1 active · 0 resigned)

MOHAMMED, Ahdul Farooq
director · ~43y · appointed 2010-08-17
View their other companies + combined net worth →
Active

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

Recent filings (42 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-08-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-07-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-20