ATOM CONTRACTS LIMITED
🌳Matureactive
SC486665 · ltd · incorporated 2014-09-16
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£-185.3k
book net assets
Opportunity
67/100
Strong
What this business does
Primary activity: Other construction installation
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 67/100 (strong), bankability 57/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 28 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
58 live charges · 27 lenders · oldest 7.6y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 7.6 years old — likely at or near maturity.
- · 27 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
Data confidence
Overall: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
58 charges (58/58 with lender, 58/58 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
98 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredNegative net assets
Liabilities exceed assets by £185,322
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£185k
↓ 30% YoY
Current Assets
£193k
↓ 56% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Total assets | £-135.3k | £771.4k |
| Current assets | £193.4k | £438.9k |
| Net assets | £-185.3k | £-142.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
2
filings
- • 2 mortgage
Last 180 days
5
filings
- • 5 mortgage
Counts from Companies House filing history.
Corporate timeline (98 events)Click to expand
- 2026-02-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-12🔒Charge registered #58Lender: Paul Lewis Garfield Mulvey
- 2026-02-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-28🔒Charge registered #57Lender: Mjl Global Services Limited
- 2025-12-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-28🔒Charge registered #56Lender: Mjl Global Services Limited
- 2025-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-10-27🔒Charge registered #55Lender: Ching Ching Yip
- 2025-10-16🔒Charge registered #54Lender: Kwun Sing Cheung
- 2025-10-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-10-04🔓Charge satisfied #10
- 2025-09-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-17🔒Charge registered #53Lender: Angus Kerr Storrie and Elaine Sandra Storrie
- 2025-08-07📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-07-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-22🔒Charge registered #52Lender: Brugus Estates Limited
- 2025-02-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-28🔒Charge registered #51Lender: Clarke Signs Scotland Limited
- 2025-01-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-01-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-30🔒Charge registered #50Lender: Mjl Global Services Limited
- 2024-12-30🔒Charge registered #49Lender: Onyx International Investments Limited
- 2024-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-19🔒Charge registered #48Lender: Yi Ren
- 2024-09-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-08-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-21🔒Charge registered #47Lender: Raven Property Investment LTD
- 2024-08-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-01➕CONDY, Lynn Margaret appointeddirector
- 2024-07-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-24🔒Charge registered #46Lender: Raven Property Investment Limited
- 2024-03-25📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-03-07🔒Charge registered #45Lender: Raven Property Investment Limited
- 2024-01-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-22🔒Charge registered #44Lender: Actioning (UK) Limited
- 2024-01-22🔒Charge registered #43Lender: Ben Cullen
- 2024-01-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-01-15🔒Charge registered #42Lender: Clarke Signs Scotland Limited
- 2023-11-15📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-10🔒Charge registered #41Lender: Properties for Us LTD
- 2023-06-16🔒Charge registered #40Lender: New Beginnings Property LTD
- 2023-05-17🔒Charge registered #39Lender: Goldson Properties LTD
- 2023-02-20🔒Charge registered #38Lender: Raven Property Investment LTD
- 2023-02-19🔒Charge registered #37Lender: Greenfield Housing Limited
- 2023-01-23🔒Charge registered #36Lender: Clarke Signs Scotland Limited
- 2023-01-16🔒Charge registered #35Lender: Ben Cullen
- 2022-12-06🔒Charge registered #34Lender: Properties for Us LTD
- 2022-11-09🔒Charge registered #33Lender: Triple Gems Investment LTD
Showing most recent 50 of 98 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med · 1 low7 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-02-12: A registered charge; 2026-01-28: A registered charge; 2025-11-28: A registered charge
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
45 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alan Campbell Condy Individual · British · DOB 01/1981 · age 45 | — | — | sig. influencesignificant influence | 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 · Construction · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ARCHD. FERGUSSON LIMITED→ SC035756 · est 1960 · no financials extracted | — | — | — | — | 65y | — | — |
| ARCHIE INSPECTION LIMITED→ SC849498 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| B&S ROPES LTD→ SC877820 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BD & JC DEVELOPMENTS LIMITED→ SC536533 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BLACK HILL LIFTING SOLUTIONS LTD→ SC866601 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BMAC BRICKWORK LIMITED→ SC825856 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BONNER PLANT HIRE LTD→ SC585828 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BPGL SERVICES LTD→ SC843596 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| BRADLEY DEVELOPMENTS LIMITED→ SC866195 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| BRB HEATING LIMITED→ SC589422 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BRIAN DOCHERTY FITTERS (ERSKINE) LIMITED→ SC549626 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BRIAN STEVENSON LTD→ SC773146 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2014-09-16
Jurisdictionscotland
Primary SIC43290 — Other construction installation
Registered office
Unit 261 Abbey Mill Business Centre
Paisley
PA1 1TJ
Scotland
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-30
Last: 2025-09-16
Officers (2 active · 1 resigned)
CONDY, Alan Campbell→
Activedirector · ~45y · appointed 2016-07-13
View their other companies + combined net worth →
CONDY, Lynn Margaret→
Activedirector · ~45y · appointed 2024-08-01
View their other companies + combined net worth →
CONDY, Lynn Margaret→
Resigneddirector · ~45y · appointed 2014-09-16 · resigned 2016-09-14
Click a director name to see their full track record across all companies.
Mortgages & charges
58
Total charges
45
Outstanding
23
Active lenders
Status:Lender:58 of 58 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paul Lewis Garfield Mulvey | A registered charge | 1 property | 12/02/2026 | — | |
| outstanding | Mjl Global Services Mjl Global Services Limited | A registered charge | 1 property | 28/01/2026 | — | |
| outstanding | Mjl Global Services Mjl Global Services Limited | A registered charge | 1 property | 28/11/2025 | — | |
| outstanding | Ching Ching Yip | A registered charge | 1 property | 27/10/2025 | — | |
| outstanding | Kwun Sing Cheung | A registered charge | 1 property | 16/10/2025 | — | |
| outstanding | Angus Kerr Storrie and Elaine Sandra Storrie | A registered charge | 1 property | 17/09/2025 | — | |
| outstanding | Brugus Estates Brugus Estates Limited | A registered charge | 1 property | 22/07/2025 | — | |
| outstanding | Clarke Signs Scotland Clarke Signs Scotland Limited | A registered charge | 1 property | 28/01/2025 | — | |
| outstanding | Mjl Global Services Mjl Global Services Limited | A registered charge | 1 property | 30/12/2024 | — | |
| outstanding | Onyx International Investments Onyx International Investments Limited | A registered charge | 1 property | 30/12/2024 | — | |
| outstanding | Yi Ren | A registered charge | 1 property | 19/12/2024 | — | |
| outstanding | Raven Property Investment Raven Property Investment LTD | A registered charge | 1 property | 21/08/2024 | — | |
| outstanding | Raven Property Investment Raven Property Investment Limited | A registered charge | 1 property | 24/07/2024 | — | |
| outstanding | Raven Property Investment Raven Property Investment Limited | A registered charge | 1 property | 07/03/2024 | — | |
| outstanding | Actioning (UK) Actioning (UK) Limited | A registered charge | 1 property | 22/01/2024 | — | |
| outstanding | Ben Cullen | A registered charge | 1 property | 22/01/2024 | — | |
| outstanding | Clarke Signs Scotland Clarke Signs Scotland Limited | A registered charge | 1 property | 15/01/2024 | — | |
| outstanding | Properties for Us Properties for Us LTD | A registered charge | 1 property | 10/11/2023 | — | |
| outstanding | New Beginnings Property New Beginnings Property LTD | A registered charge | 1 property | 16/06/2023 | — | |
| outstanding | Goldson Properties Goldson Properties LTD | A registered charge | 1 property | 17/05/2023 | — | |
| outstanding | Raven Property Investment Raven Property Investment LTD | A registered charge | 1 property | 20/02/2023 | — | |
| outstanding | Greenfield Housing Greenfield Housing Limited | A registered charge | 1 property | 19/02/2023 | — | |
| outstanding | Clarke Signs Scotland Clarke Signs Scotland Limited | A registered charge | 1 property | 23/01/2023 | — | |
| outstanding | Ben Cullen | A registered charge | 1 property | 16/01/2023 | — | |
| outstanding | Properties for Us Properties for Us LTD | A registered charge | 1 property | 06/12/2022 | — | |
| outstanding | Triple Gems Investment Triple Gems Investment LTD | A registered charge | 1 property | 09/11/2022 | — | |
| outstanding | Greenfield Housing Greenfield Housing Limited | A registered charge | 1 property | 09/11/2022 | — | |
| outstanding | Clarke Signs Scotland Clarke Signs Scotland Limited | A registered charge | 1 property | 14/10/2022 | — | |
| outstanding | Yi Ren | A registered charge | 1 property | 02/09/2022 | — | |
| outstanding | Clarke Signs Scotland Clarke Signs Scotland Limited | A registered charge | 1 property | 20/06/2022 | — | |
| outstanding | Raven Property Investment Raven Property Investment LTD | A registered charge | 1 property | 26/05/2022 | — | |
| outstanding | Raven Property Investment Raven Property Investment LTD | A registered charge | 1 property | 18/05/2022 | — | |
| outstanding | Raven Property Investment Raven Property Investment LTD | A registered charge | 1 property | 16/05/2022 | — | |
| outstanding | Ben Richard Cullen | A registered charge | 1 property | 22/04/2022 | — | |
| outstanding | H & H Holdings Group (UK) H & H Holdings Group (UK) LTD | A registered charge | 1 property | 06/04/2022 | — | |
| outstanding | Onyx International Investments Onyx International Investments Limited | A registered charge | 1 property | 02/04/2022 | — | |
| outstanding | Drishti Capital Drishti Capital LTD | A registered charge | 1 property | 06/11/2021 | — | |
| outstanding | Greenfield Housing Greenfield Housing Limited | A registered charge | 1 property | 07/09/2021 | — | |
| satisfied | Newson & Nicholson Solutions Newson & Nicholson Solutions Limited | A registered charge | 1 property | 31/08/2021 | 25/08/2022 | |
| outstanding | Raven Property Investment Raven Property Investment LTD | A registered charge | 1 property | 26/08/2021 | — | |
| outstanding | Clarke Signs Scotland Clarke Signs Scotland Limited | A registered charge | 1 property | 30/06/2021 | — | |
| outstanding | Lin's Properties Lin's Properties Limited | A registered charge | 1 property | 16/06/2021 | — | |
| outstanding | Lin's Properties Lin's Properties Limited | A registered charge | 1 property | 26/05/2021 | — | |
| outstanding | Actioning (UK) Actioning (UK) Limited | A registered charge | 1 property | 10/03/2021 | — | |
| satisfied | Drishti Capital Drishti Capital LTD | A registered charge | 1 property | 11/02/2021 | 20/08/2021 | |
| outstanding | Actioning (UK) / Property Stable Actioning (UK) Limited / Property Stable Limited | A registered charge | 1 property | 06/01/2021 | — | |
| satisfied | Newson and Graham Newson and Graham Limited | A registered charge | 1 property | 05/01/2021 | 20/08/2021 | |
| outstanding | Golden Dream Property Golden Dream Property LTD | A registered charge | 1 property | 05/01/2021 | — | |
| satisfied | Mjl Global Services Mjl Global Services Limited | A registered charge | 1 property | 05/01/2021 | 04/10/2025 | |
| satisfied | Clarke Signs Scotland Clarke Signs Scotland Limited | A registered charge | 1 property | 16/12/2020 | 20/08/2021 | |
| satisfied | Lin's Properties Lin's Properties Limited | A registered charge | 1 property | 14/08/2020 | 20/08/2021 | |
| satisfied | Mjl Global Services Mjl Global Services Limited | A registered charge | 1 property | 15/06/2020 | 20/08/2021 | |
| satisfied | Lin's Properties Lin's Properties Limited | A registered charge | 1 property | 18/01/2020 | 20/08/2021 | |
| satisfied | Clark Signs Scotland Clark Signs Scotland Limited | A registered charge | 1 property | 09/10/2019 | 20/08/2021 | |
| satisfied | Onyx International Investments Onyx International Investments Limited | A registered charge | 1 property | 26/09/2019 | 20/08/2021 | |
| satisfied | Raggedy Trading UK Raggedy Trading UK LTD | A registered charge | 1 property | 18/09/2019 | 20/08/2021 | |
| satisfied | Lin's Properties Lin's Properties Limited | A registered charge | 1 property | 28/11/2018 | 20/08/2021 | |
| satisfied | Onyx International Investments Onyx International Investments Limited | A registered charge | 1 property | 06/09/2018 | 20/08/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (98 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-04
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-22
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-02-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11