ARGUS PRODUCTS LIMITED

💤Zombieactive

SC432975 · ltd · incorporated 2012-09-19

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 May 2022

Net worth

—

book net assets

Opportunity

59/100

Worth a look

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pass (distressed without resilience)

Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 59/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100). Current lenders should be on monthly review.

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

Lenders & charges

Confirmed no charges registered

Directors & officers

3 officers (1 active, 3 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

5 connected companies via shared directors

Filing history

39 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

59/100Worth a look

PassWatchWorth a lookStrongExceptional

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality

Concerning — overdue filings or status flags present.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Multiple red flags — proceed with caution.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2022-05-31	2021-05-31
Total assets	—	£319
Current assets	—	£18
Net assets	—	£319

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2024-06-11
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-04-30
📄
gazette-notice-compulsory
gazette · GAZ1
2023-03-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-08-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-22
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-06-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-14
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-04-06
📄
gazette-notice-compulsory
gazette · GAZ1
2020-02-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-11
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2019-09-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-08
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2019-04-30
📄
gazette-notice-compulsory
gazette · GAZ1
2018-09-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-09-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2013-04-30
➖
GRANT SMITH LAW PRACTICE LIMITED resigned
corporate-secretary
2013-01-25
➕
HABIBY, Gad appointed
director
2013-01-25
➖
RITCHIE, Sheila Ewan resigned
director
2012-09-19
🏢
Company incorporated
As ARGUS PRODUCTS LIMITED
2012-09-19
➕
GRANT SMITH LAW PRACTICE LIMITED appointed
corporate-secretary
2012-09-19
➕
RITCHIE, Sheila Ewan appointed
director

Owner dependency

83/100

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.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 13 years.

Red flags

2 high ·

Accounts overdue

high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-02-29

Confirmation statement overdue

high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-05-13

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Gad Habiby Individual · British · DOB 10/1966 · age 60	75–100%	—	75-100% 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 · Trade services · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
UNIQUE SYSTEM (UK) LIMITED→ SC356252 · est 2009	£28.64M £21.48M–£35.80M	£23.27M	—	3800	17y	95	65y
UNITY WELL INTEGRITY UK LIMITED→ SC273906 · est 2004	£5.70M £4.27M–£7.12M	—	—	8200	21y	84	62y
JAMES JAMIESON CONSTRUCTION LIMITED→ SC386496 · est 2010	£2.69M £2.02M–£3.36M	£13.65M	—	3800	15y	84	68y
CASTLETON FRUIT LTD.→ SC369372 · est 2009	£2.18M £1.63M–£2.72M	£15.34M	—	30100	16y	83	52y
MINTRA LTD→ SC362194 · est 2009	£1.21M £909.4k–£1.52M	£11.76M	—	7500	16y	85	62y
ACUMEN FINANCIAL PLANNING LIMITED→ SC215343 · est 2001	—	—	£1.05M	—	25y	83	74y
ANIRAC LIMITED→ SC280789 · est 2005	—	—	£1.67M	—	21y	83	85y
ASHLEY PROPERTIES ABERDEEN LIMITED→ SC315836 · est 2007 · no financials extracted	—	—	—	—	19y	83	78y
BUILDTALL LIMITED→ SC235986 · est 2002	—	—	£4.39M	—	23y	83	59y
DRUMMUIR & BOTRIPHNIE COMMUNITY TRUST→ SC273043 · est 2004 · no financials extracted	—	—	—	—	21y	83	67y
EIJ DEVELOPMENTS LIMITED→ SC226210 · est 2001	—	—	£1.38M	—	24y	83	69y
ERT CAMELOT LIMITED→ SC301741 · est 2006 · no financials extracted	—	—	—	—	20y	83	72y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

10 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

Incorporated2012-09-19

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Premnay House

Premnay

Insch

AB52 6QF

Scotland

Filing status

Accounts

Next due: 2024-02-29OVERDUE

Last made up to: 2022-05-31

Confirmation statement

Next due: 2024-05-13OVERDUE

Last: 2023-04-29

Officers (1 active · 2 resigned)

HABIBY, Gad→

director · ~60y · appointed 2013-01-25

View their other companies + combined net worth →

Active

GRANT SMITH LAW PRACTICE LIMITED→

corporate-secretary · appointed 2012-09-19 · resigned 2013-04-30

Resigned

RITCHIE, Sheila Ewan→

director · ~69y · appointed 2012-09-19 · resigned 2013-01-25

Resigned

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

Recent filings (39 total)

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2024-06-11

gazette-notice-compulsory

gazette · GAZ1

2024-04-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-05-18

accounts-with-accounts-type-dormant

accounts · AA

2023-03-01

accounts-with-accounts-type-micro-entity

accounts · AA

2022-08-08

accounts-with-accounts-type-micro-entity

accounts · AA

2022-08-08

accounts-with-accounts-type-micro-entity

accounts · AA

2022-08-03

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-07-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-07-21

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-07-20

gazette-filings-brought-up-to-date

gazette · DISS40

2021-06-22

accounts-with-accounts-type-micro-entity

accounts · AA

2021-06-21

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2021-05-14

gazette-notice-compulsory

gazette · GAZ1

2021-04-06

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-05-13