AVER GENERICS LIMITED
💤Zombieactive
SC441171 · ltd · incorporated 2013-01-25
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 Feb 2025
Net worth
£845.4k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 46460
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 62012Business and domestic software development
Investor take
PursueStrong opportunity: active trading company 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: Cash flow review and working-capital discipline. Cash down -67% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 12.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
73 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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £845,415
Net assets shrinking
Down £1,510,584 YoY
Cash draining
Cash down 67% YoY
Cash YoY
-67%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£83k
↓ 67% YoY
Net Worth
£845k
↓ 64% YoY
Current Assets
£6.1m
↓ 17% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £2.28M | £3.58M |
| Current assets | £6.12M | £7.37M |
| Cash | £83.5k | £254.3k |
| Debtors | £4.32M | £5.45M |
| Net assets | £845.4k | £2.36M |
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
3
filings
- • 2 capital
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-12-02📄capital-return-purchase-own-sharescapital · SH03
- 2025-12-02📄capital-return-purchase-own-shares-treasury-capital-datecapital · SH03
- 2025-11-28📄accounts-with-accounts-type-groupaccounts · AA
- 2025-10-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-23📄capital-cancellation-sharescapital · SH06
- 2025-10-23📄capital-cancellation-sharescapital · SH06
- 2025-03-24📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-03-18📄memorandum-articlesincorporation · MA
- 2025-03-18📄resolutionresolution · RESOLUTIONS
- 2025-03-18📄resolutionresolution · RESOLUTIONS
- 2024-12-05📄capital-cancellation-sharescapital · SH06
- 2024-12-05📄capital-return-purchase-own-sharescapital · SH03
- 2024-11-26📄accounts-with-accounts-type-groupaccounts · AA
- 2024-11-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-11-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-25📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-10-25📄resolutionresolution · RESOLUTIONS
- 2024-10-14➖MCDOWALL, Gordon resigneddirector
- 2024-09-11📄capital-return-purchase-own-sharescapital · SH03
- 2024-08-05📄capital-cancellation-sharescapital · SH06
- 2024-04-25📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2023-05-31🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 2020-11-24➕MCDOWALL, Craig appointeddirector
- 2013-09-26🔒Charge registered #1Lender: Rbs Invoice Finance Limited
- 2013-01-25🏢Company incorporatedAs AVER GENERICS LIMITED
- 2013-01-25➕MCDOWALL, Gordon appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
45/100
Moderate signalSome 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.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Craig Howard Mcdowall Individual · British · DOB 08/1990 · age 36 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 14/10/2025 |
Mr Ian Mcdowall Individual · British · DOB 12/1993 · age 33 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 14/10/2025 |
Ms Alison Mcdowall Individual · British · DOB 12/1991 · age 35 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 14/10/2025 |
1 historic (ceased) PSC
- Mr Gordon Mcdowallceased 14/10/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Wholesale & distribution · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| AN WHOLESALE INC LIMITED→ SC815351 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ARDBRAE ORGANIC LIMITED→ SC724949 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| BAMCO GLOBAL LTD→ SC642494 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| BLACK RIDGE IMPORT & LOGISTICS LTD→ SC825121 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BOBA CUP LTD→ SC818431 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BOVILL & BOYD (ENGINEERING) LIMITED→ SC101914 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| BRAVUS EASY SOLUTIONS LIMITED→ SC803778 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| BREWGOODER LIMITED→ SC522185 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| BROTHERS IN SPIRIT LIMITED→ SC714914 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| BROWN & GRACIE LIMITED→ SC017256 · est 1933 · no financials extracted | — | — | — | — | 93y | — | — |
| BRUNTONS VICTORY STARS F C LTD→ SC683736 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| BSEXIM LIMITED→ SC868779 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2013-01-25
Jurisdictionscotland
Primary SIC46460 — SIC 46460
Registered office
20 Singer Road
East Kilbride
Glasgow
G75 0XS
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-05-08
Last: 2025-04-24
Officers (1 active · 1 resigned)
MCDOWALL, Craig→
Activedirector · ~36y · appointed 2020-11-24
View their other companies + combined net worth →
MCDOWALL, Gordon→
Resigneddirector · ~68y · appointed 2013-01-25 · resigned 2024-10-14
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 31/05/2023 | — | |
| outstanding | NatWest Group Rbs Invoice Finance Limited | A registered charge | 1 property | 26/09/2013 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (73 total)
capital-return-purchase-own-shares
capital · SH03
2025-12-02
capital-return-purchase-own-shares-treasury-capital-date
capital · SH03
2025-12-02
accounts-with-accounts-type-group
accounts · AA
2025-11-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-23
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-23
capital-cancellation-shares
capital · SH06
2025-10-23
capital-cancellation-shares
capital · SH06
2025-10-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-24
capital-variation-of-rights-attached-to-shares
capital · SH10
2025-03-24
memorandum-articles
incorporation · MA
2025-03-18
resolution
resolution · RESOLUTIONS
2025-03-18
resolution
resolution · RESOLUTIONS
2025-03-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-17