APPLIED CAPITAL HOLDINGS LIMITED

💤Zombieactive
SC426875 · ltd · incorporated 2012-06-25
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 Oct 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 75). 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 13.5y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (74/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
43 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-31

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

🔒Filing-note intelligence

2 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 (26 events)Click to expand
  1. 2025-10-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-06-05
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  3. 2025-01-31
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2024-10-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-04-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2023-10-31
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2023-10-31
    🔓
    Charge satisfied #1
  8. 2023-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-01-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2021-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2020-09-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-02-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2019-01-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2018-02-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2017-02-08
    📄
    accounts-with-accounts-type-group
    accounts · AA
  16. 2016-07-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2016-06-13
    ➖
    CARTER, Sandra Jean resigned
    director
  18. 2012-11-08
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  19. 2012-09-25
    ➕
    CUNNINGHAM, Alaster Patrick appointed
    director
  20. 2012-09-25
    ➕
    CARTER, Sandra Jean appointed
    director
  21. 2012-09-25
    ➖
    FLYNN, Austin resigned
    director
  22. 2012-09-25
    ➖
    MORTON FRASER DIRECTORS LIMITED resigned
    corporate-director
  23. 2012-06-25
    🏢
    Company incorporated
    As APPLIED CAPITAL HOLDINGS LIMITED
  24. 2012-06-25
    ➕
    MFMAC SECRETARIES LIMITED appointed
    corporate-secretary
  25. 2012-06-25
    ➕
    FLYNN, Austin appointed
    director
  26. 2012-06-25
    ➕
    MORTON FRASER DIRECTORS LIMITED appointed
    corporate-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.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

88/100
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 75 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Alaster Cunningham
Individual · British · DOB 12/1951 · age 75
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence19/07/2016

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 · Professional services · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
G J ARCHITECTS LIMITED→
SC311521 · est 2006 · no financials extracted
————19y——
GENERAL PARTNER NO.2 LIMITED→
SC251899 · est 2003 · no financials extracted
————22y——
GENKI TECH LTD→
SC741745 · est 2022 · no financials extracted
————3y——
GEO ALP LIMITED→
SC565125 · est 2017 · no financials extracted
————8y——
GERYON LTD→
SC833030 · est 2025 · no financials extracted
————1y——
GET EVENTS LTD→
SC400254 · est 2011 · no financials extracted
————14y——
GF ACCOUNTANCY SERVICES LTD→
SC217241 · est 2001 · no financials extracted
————25y——
GILCHRIST RECRUITMENT PARTNERSHIP LTD→
SC400077 · est 2011 · no financials extracted
————14y——
GILSON GRAY FINANCIAL LIMITED→
SC717112 · est 2021 · no financials extracted
————4y——
GL INTERNATIONAL LTD→
SC734334 · est 2022 · no financials extracted
————3y——
GLENBEIGH SAGE LTD→
SC664799 · est 2020 · no financials extracted
————5y——
GLENCAR ASSOCIATES LIMITED→
SC193673 · est 1999 · no financials extracted
————27y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2012-06-25
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Level 5, 9 Haymarket Square
Edinburgh
EH3 8RY
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-07-29
Last: 2025-07-15

Officers (2 active · 3 resigned)

MFMAC SECRETARIES LIMITED→
corporate-secretary · appointed 2012-06-25
View their other companies + combined net worth →
Active
CUNNINGHAM, Alaster Patrick→
director · ~75y · appointed 2012-09-25
View their other companies + combined net worth →
Active
CARTER, Sandra Jean→
director · ~67y · appointed 2012-09-25 · resigned 2016-06-13
Resigned
FLYNN, Austin→
director · ~59y · appointed 2012-06-25 · resigned 2012-09-25
Resigned
MORTON FRASER DIRECTORS LIMITED→
corporate-director · appointed 2012-06-25 · resigned 2012-09-25
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property08/11/201231/10/2023

Recent filings (43 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-20
change-corporate-secretary-company-with-change-date
officers · CH04
2025-06-05
change-account-reference-date-company-previous-extended
accounts · AA01
2025-01-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
accounts-with-accounts-type-dormant
accounts · AA
2024-04-30
mortgage-satisfy-charge-full
mortgage · MR04
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-17
accounts-with-accounts-type-dormant
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
accounts-with-accounts-type-dormant
accounts · AA
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-19
accounts-with-accounts-type-dormant
accounts · AA
2021-04-29
change-person-director-company-with-change-date
officers · CH01
2020-09-10