L&M RECOVERY LIMITED

💤Zombieactive
SC548787 · ltd · incorporated 2016-10-28
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
—
book net assets
Opportunity
72/100
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: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (77/100)

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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£32k£64k£96k£128k£159kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets—£84.1k
Current assets—£159.4k
Net assets—£44.8k
Average employees600—

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
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-04-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-11-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-05-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-04-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-03-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-03-01
    ➖
    CROSS, Lloyd Thomas resigned
    director
  10. 2023-01-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-06-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-11-08
    📄
    capital-allotment-shares
    capital · SH01
  13. 2021-10-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2021-10-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2021-10-11
    ➕
    CROSS, Lloyd Thomas appointed
    director
  16. 2021-10-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-10-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2021-05-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2021-05-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2021-05-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2021-05-20
    ➖
    CROSS, Lloyd Thomas resigned
    director
  22. 2019-11-01
    ➕
    ANTHONY, Scott appointed
    director
  23. 2018-10-01
    ➖
    MCGILL, John resigned
    secretary
  24. 2016-10-28
    🏢
    Company incorporated
    As L&M RECOVERY LIMITED
  25. 2016-10-28
    ➕
    MCGILL, John appointed
    secretary
  26. 2016-10-28
    ➕
    CROSS, Lloyd Thomas appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material 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 signal

Some 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

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 Scott Anthony
Individual · British · DOB 11/1987 · age 39
75–100%
75–100%75-100% shares · 75-100% voting20/05/2021
2 historic (ceased) PSCs
  • Mr Lloyd Crossceased 01/03/2023· 25-50% shares · 25-50% voting
  • Mr Lloyd Thomas Crossceased 20/05/2021· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Automotive · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COOPER BROS LTD.→
SC376259 · est 2010
£994.7k
£795.8k–£1.19M
——6316y8382y
BROWNSBURN GARAGE LIMITED→
SC242933 · est 2003
———60023y8358y
GOPAL MOTORS LIMITED→
SC132600 · est 1991
——£29.5k—34y8378y
J.M.T. MANUFACTURING LIMITED→
SC099682 · est 1986
———40040y8375y
A. GRAY & SONS LTD.→
SC239040 · est 2002
——£252.5k—23y8289y
AUTO-TEK LIMITED→
SC085669 · est 1983
———642y8278y
B & B COMMERCIALS LIMITED→
SC371046 · est 2010
———60016y8270y
CANDERRIGG SERVICES LIMITED→
SC063543 · est 1977
——£40.0k—48y8261y
GRANT MILLER VEHICLES LIMITED→
SC266620 · est 2004
——£382.7k—22y8272y
HAMILTON TRACTORS (CARNWATH) LIMITED→
SC349764 · est 2008
——£568.9k—17y8267y
PARKS OF HAMILTON LIMITED→
SC103161 · est 1987
————39y8277y
ROSS BROWNLIE (SCOTLAND) LIMITED→
SC380812 · est 2010
———016y8259y
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
Incorporated2016-10-28
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

5 Church Street
Hamilton
ML3 6BA
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-06-09
Last: 2026-05-26

Officers (1 active · 3 resigned)

ANTHONY, Scott→
director · ~39y · appointed 2019-11-01
View their other companies + combined net worth →
Active
MCGILL, John→
secretary · appointed 2016-10-28 · resigned 2018-10-01
Resigned
CROSS, Lloyd Thomas→
director · ~34y · appointed 2021-10-11 · resigned 2023-03-01
Resigned
CROSS, Lloyd Thomas→
director · ~34y · appointed 2016-10-28 · resigned 2021-05-20
Resigned

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

Recent filings (46 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-12
change-person-director-company-with-change-date
officers · CH01
2023-11-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-26
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-05-26
termination-director-company-with-name-termination-date
officers · TM01
2023-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-01-19
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-15