ARMOUR CAPITAL LIMITED

💤Zombieactive
SC504267 · ltd · incorporated 2015-04-24
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 Sept 2024
Net worth
£489.5k
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Financial management
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -35% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

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, 1 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
2 officers (2 active, 2 linked, 1 with DOB)
80
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
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £489,490
Cash YoY
-35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£37k
↓ 35% YoY
Net Worth
£489k
↑ 5.7% YoY
Current Assets
—
Current Liabilities
—
£0£98k£196k£294k£392k£489kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Cash£36.9k£56.9k
Net assets£489.5k£463.1k

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

🔒Filing-note intelligence

2 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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-04-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2019-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-01-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-06-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2016-04-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2016-01-18
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  14. 2015-11-12
    📄
    capital-allotment-shares
    capital · SH01
  15. 2015-04-24
    🏢
    Company incorporated
    As ARMOUR CAPITAL LIMITED
  16. 2015-04-24
    ➕
    ARMOUR, Louise Angela appointed
    secretary
  17. 2015-04-24
    ➕
    ARMOUR, Malcolm Craig appointed
    director
  18. 2015-04-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
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 name in company name: Company name contains director surname "ARMOUR" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Malcolm Craig Armour
Individual · British · DOB 09/1961 · age 65
75–100%
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 →

Similar companies

Active · Professional services · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BAHADAR SINGH ENGINEERING LIMITED→
SC172173 · est 1997 · no financials extracted
————29y——
BARCLAY HARRIS LTD→
SC667550 · est 2020 · no financials extracted
————5y——
BATHGATE FACILITY MANAGEMENT LTD→
SC882335 · est 2026 · no financials extracted
———————
BAVELAW CONSULTANCY LTD→
SC772879 · est 2023 · no financials extracted
————2y——
BEAD BIOPHARMA LIMITED→
SC763273 · est 2023 · no financials extracted
————3y——
BEECHWOOD VENTURES LIMITED→
SC060004 · est 1976 · no financials extracted
————49y——
BIGWHEEL ADVISORY LTD→
SC838180 · est 2025 · no financials extracted
————1y——
BIOLIBERTY LTD→
SC663888 · est 2020 · no financials extracted
————5y——
BISSET CONTRACTORS LIMITED→
SC834340 · est 2025 · no financials extracted
————1y——
BLACK SKIES BLUE LTD→
SC698694 · est 2021 · no financials extracted
————4y——
BLACKLINE ELECTRICAL LTD→
SC880290 · est 2026 · no financials extracted
———————
BLACKWOOD PARTNERSHIP LIMITED→
SC232555 · est 2002 · no financials extracted
————23y——
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
Incorporated2015-04-24
Jurisdictionscotland
Primary SIC70221 — Financial management

Registered office

Floor 3 1 - 4 Atholl Crescent
Edinburgh
EH3 8HA
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-04-29
Last: 2026-04-15

Officers (2 active · 0 resigned)

ARMOUR, Louise Angela→
secretary · appointed 2015-04-24
View their other companies + combined net worth →
Active
ARMOUR, Malcolm Craig→
director · ~65y · appointed 2015-04-24
View their other companies + combined net worth →
Active

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

Recent filings (25 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-25