ETERA LTD
🌳Matureactive
SC393464 · ltd · incorporated 2011-02-14
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£-48.4k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
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. Most likely exit: distressed disposal / insolvency (65/100).
Data confidence
Overall: medium (79/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
47 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
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £48,370
Very low cash
Cash position: £44
Key financials
2 years extracted from filed iXBRL accountsCash
£44
Net Worth
-£48k
↓ 1.0% YoY
Current Assets
£44
↓ 30% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £-48.4k | £-47.9k |
| Current assets | £44 | £63 |
| Cash | £44 | — |
| Net assets | £-48.4k | £-47.9k |
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 (21 events)Click to expand
- 2025-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-01✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2024-04-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-18📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-21📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-05-13📄change-person-director-company-with-change-dateofficers · CH01
- 2021-05-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2011-11-10➕LAMBINON LARKIN, Gertruida Wilhelmina appointeddirector
- 2011-02-14🏢Company incorporatedAs ETERA LTD
- 2011-02-14➕LARKIN, John Gerard appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 15 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 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
1 med ·Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2025-05-01: certificate-change-of-name-company
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Gerard Larkin Individual · British · DOB 01/1974 · age 52 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mrs Gertruida Wilhelmina Lambinon Larkin Individual · South African · DOB 09/1975 · age 51 | 25–50% | — | 25-50% shares | 06/04/2016 |
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 →Similar companies
Active · Construction · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CRAIG FENTON DESIGN LIMITED→ SC505072 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| DIABLO ENTERPRISES LIMITED→ SC599918 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DT CIVILS CONSULTANTS LTD→ SC821021 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| EAST FIFE JOINERY LIMITED→ SC479347 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ECCLES HEATING SERVICES LIMITED→ SC753575 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| EJC CRAFTS LTD→ SC881214 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| EWAN MCLEAN LIMITED→ SC452002 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| EWEN PROPERTY LTD→ SC339697 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| F&F JOINERY LTD→ SC764227 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| F1 DEVELOPMENTS LTD→ SC511601 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| FAIR DEAL ROOFING SERVICES LTD→ SC847532 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FAIR GROUP (FIFE) LTD→ SC852477 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2011-02-14
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
Cairn Field 14 School Road
Balmullo
St. Andrews
Fife
KY16 0BD
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-05-12
Last: 2025-04-28
Officers (2 active · 0 resigned)
LAMBINON LARKIN, Gertruida Wilhelmina→
Activedirector · ~51y · appointed 2011-11-10
View their other companies + combined net worth →
LARKIN, John Gerard→
Activedirector · ~52y · appointed 2011-02-14
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (47 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-27
certificate-change-of-name-company
change-of-name · CERTNM
2025-05-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-18
change-person-director-company-with-change-date
officers · CH01
2021-05-21
change-person-director-company-with-change-date
officers · CH01
2021-05-21
change-person-director-company-with-change-date
officers · CH01
2021-05-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-05-21