PLUS HOMECARE LTD

💤Zombieactive
SC522229 · ltd · incorporated 2015-12-10
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
£91.4k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Social work activities without accommodation for the elderly and disabled
Sector: Human health & social work
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
27 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 £91,367
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £48,313 YoY
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£91k
↓ 35% YoY
Current Assets
£291k
↓ 11% YoY
Current Liabilities
£0£65k£130k£195k£261k£326kMar 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£316.5k£355.3k
Current assets£291.2k£325.8k
Net assets£91.4k£139.7k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-01-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2022-01-31
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2021-11-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-02-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2020-12-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-10-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2020-06-10
    📄
    capital-allotment-shares
    capital · SH01
  12. 2020-06-04
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2019-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-01-14
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  15. 2018-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-09-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2015-12-10
    🏢
    Company incorporated
    As PLUS HOMECARE LTD
  18. 2015-12-10
    COLLIER, Michael Graham appointed
    director

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +No director turnover: Company is 10 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 63. 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.)

Group structure

Plus Homecare Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Plus Homecare Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
PLUS HOMECARE LTD
This company · SC522229

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Plus Homecare Holdings Ltd
Corporate entity
75100%
75-100% shares08/05/2020
1 historic (ceased) PSC
  • Mr Michael Graham Collierceased 08/05/2020· 75-100% shares

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

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
Incorporated2015-12-10
Jurisdictionscotland
Primary SIC88100 — Social work activities without accommodation for the elderly and disabled

Registered office

4 Parklands Road
Glasgow
G44 3RA
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06

Officers (1 active · 0 resigned)

COLLIER, Michael Graham
director · ~63y · appointed 2015-12-10
View their other companies + combined net worth →
Active

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

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-01-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-07
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2021-01-18
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-04