HARVEST GOLD LIMITED

💤Zombieactive
SC438333 · ltd · incorporated 2012-12-06
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
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Turnover
year to Jul 2024
Net worth
£2.84M
book net assets
Opportunity
65/100
Strong
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Special-situation opportunity
Distressed other with salvageable qualities — special-situations priority.

Opportunity 65/100 (strong), bankability 65/100. 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 (38/100).

🏦

Refinance opportunity

1 live charge · oldest 5.6y

45/100
under pressure

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

  • · Oldest live charge is 5.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (73/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £2,840,524

Key financials

1 year extracted from filed iXBRL accounts
Cash
£502k
Net Worth
£2.8m
Current Assets
£4.5m
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31
Total assets£2.85M
Current assets£4.50M
Cash£502.3k
Debtors£3.60M
Net assets£2.84M

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-02
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-02-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2022-02-10
    🔓
    Charge satisfied #1
  8. 2021-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-09-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2020-09-25
    🔒
    Charge registered #1
    Lender: Iwoca Skye Finance LTD
  11. 2020-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-07-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-05-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2016-01-29
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2012-12-06
    🏢
    Company incorporated
    As HARVEST GOLD LIMITED
  19. 2012-12-06
    SETO, Christopher Wai appointed
    director
  20. 2012-12-06
    HEMMINGS, Stephen David appointed
    director
  21. 2012-12-06
    HEMMINGS, Stephen David resigned
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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

1 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: 2026-04-30

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Christopher Wai Seto
Individual · British · DOB 03/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2012-12-06
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

9 Royal Crescent
Glasgow
Lanarkshire
G3 7SP

Filing status

Accounts
Next due: 2026-04-30OVERDUE
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-12-04
Last: 2025-11-20

Officers (1 active · 1 resigned)

SETO, Christopher Wai
director · ~38y · appointed 2012-12-06
View their other companies + combined net worth →
Active
HEMMINGS, Stephen David
director · ~71y · appointed 2012-12-06 · resigned 2012-12-06
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
iwoca
Iwoca Skye Finance LTD
A registered charge25/09/202010/02/2022

Recent filings (33 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
mortgage-satisfy-charge-full
mortgage · MR04
2022-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-29