LASMAN INDUSTRIES LTD

💤Zombieactive
SC554165 · ltd · incorporated 2017-01-10
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 Feb 2025
Net worth
£911.8k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 71). 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 (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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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 · FRS 102
Positive net assets
Net assets £911,814
Cash YoY
+94%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£768k
↑ 94% YoY
Net Worth
£912k
↑ 101% YoY
Current Assets
£1.0m
↑ 75% YoY
Current Liabilities
—
£0£202k£403k£605k£807k£1.0mFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Total assets£911.8k£453.6k
Current assets£1.01M£575.5k
Cash£768.1k£396.6k
Debtors£240.1k£178.9k
Net assets£911.8k£453.6k

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
3
filings
  • • 3 accounts
Last 180 days
5
filings
  • • 4 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-02-28
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  2. 2026-02-28
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  3. 2026-02-28
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  4. 2025-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-07
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  7. 2024-11-24
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  8. 2024-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-11-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  10. 2023-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-11-29
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  12. 2022-05-03
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2022-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-12-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2021-05-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-03-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  17. 2020-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-03-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  19. 2017-01-10
    🏢
    Company incorporated
    As LASMAN INDUSTRIES LTD
  20. 2017-01-10
    ➕
    LASMAN, John appointed
    director

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 "LASMAN" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

75/100
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 71 years old. Natural succession window is now.
  • 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 John Lasman
Individual · British · DOB 12/1955 · age 71
75–100%
75–100%board control75-100% shares · 75-100% voting · board control10/01/2017

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

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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
Incorporated2017-01-10
Jurisdictionscotland
Primary SIC43390 — Other building completion and finishing

Registered office

7 Kelliebank
Alloa
Clackmannanshire
FK10 1NT
Scotland

Filing status

Accounts
Next due: 2026-12-06
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-23
Last: 2026-01-09

Officers (1 active · 0 resigned)

LASMAN, John→
director · ~71y · appointed 2017-01-10
View their other companies + combined net worth →
Active

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

Recent filings (34 total)

accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2026-02-28
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2026-02-28
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2026-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-12-07
change-account-reference-date-company-previous-extended
accounts · AA01
2024-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-10
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-11-29