LAMMER ENGINEERING LTD

💤Zombieactive
SC473736 · ltd · incorporated 2014-03-28
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 Mar 2025
Net worth
£-70.9k
book net assets
Opportunity
69/100
Strong
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What this business does
Primary activity: SIC 23700
Sector: Manufacturing
ALSO REGISTERED FOR
  • 41201Construction of commercial buildings
  • 71129Other engineering activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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
4 officers (1 active, 4 linked, 4 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
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £70,940

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£71k
↓ 16% YoY
Current Assets
£214k
↓ 2.5% YoY
Current Liabilities
-£71k-£13k£45k£103k£161k£219kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-5.2k£-32.0k
Current assets£213.9k£219.4k
Debtors£7.0k
Net assets£-70.9k£-61.3k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-12
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-04-10
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  5. 2025-03-04
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2023-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-10-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2017-07-31
    ELLIOTT, Thomas Young resigned
    director
  15. 2017-03-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2016-12-08
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-07-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2016-05-30
    MILLER, Joshua David resigned
    director
  19. 2016-01-22
    ROSS, Steven David resigned
    director
  20. 2014-10-07
    ROSS, Steven David appointed
    director
  21. 2014-03-28
    🏢
    Company incorporated
    As LAMMER ENGINEERING LTD
  22. 2014-03-28
    MILLER, Joseph David appointed
    director
  23. 2014-03-28
    ELLIOTT, Thomas Young appointed
    director
  24. 2014-03-28
    MILLER, Joshua David appointed
    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 73 — succession pressure is live.

Succession & seller-readiness

83/100
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 73 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 12 years.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-11

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Joseph David Miller
Individual · British · DOB 06/1953 · age 73
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
Incorporated2014-03-28
Jurisdictionscotland
Primary SIC23700 — SIC 23700

Registered office

Steading Cottage Newlands Farm
Gifford
Haddington
East Lothian
EH41 4PJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-11OVERDUE
Last: 2025-03-28

Officers (1 active · 3 resigned)

MILLER, Joseph David
director · ~73y · appointed 2014-03-28
View their other companies + combined net worth →
Active
ELLIOTT, Thomas Young
director · ~63y · appointed 2014-03-28 · resigned 2017-07-31
Resigned
MILLER, Joshua David
director · ~38y · appointed 2014-03-28 · resigned 2016-05-30
Resigned
ROSS, Steven David
director · ~34y · appointed 2014-10-07 · resigned 2016-01-22
Resigned

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

Recent filings (31 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-23
gazette-filings-brought-up-to-date
gazette · DISS40
2025-07-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-11
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-04-10
gazette-notice-compulsory
gazette · GAZ1
2025-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-30