CARSE OF GOWRIE HOMES LIMITED

💤Zombieactive
SC558435 · ltd · incorporated 2017-02-22
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
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Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 68). 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).

🏦

Refinance opportunity

1 live charge · oldest 7.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
1 charges (1/1 with lender, 1/1 with type)
90
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
19 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
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-03-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-03-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-03-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-04-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-12-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-01-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-10-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-11-13
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-09-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2018-09-07
    🔒
    Charge registered #1
    Lender: Lorna Redford
  11. 2017-02-22
    🏢
    Company incorporated
    As CARSE OF GOWRIE HOMES LIMITED
  12. 2017-02-22
    MORGAN, Robert Douglas appointed
    director
  13. 2017-02-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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 age: Director aged approximately 68 — 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

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • 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 Robert Douglas Morgan
Individual · Scottish · DOB 03/1958 · age 68
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/02/2017

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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2017-02-22
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

Westleys Farm
Errol
Perthshire
PH2 7TD
United Kingdom

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-07
Last: 2026-02-21

Officers (1 active · 0 resigned)

MORGAN, Robert Douglas
director · ~68y · appointed 2017-02-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lorna Redford
A registered charge1 property07/09/2018
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-26
accounts-with-accounts-type-dormant
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-05
accounts-with-accounts-type-dormant
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-05
accounts-with-accounts-type-dormant
accounts · AA
2023-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-dormant
accounts · AA
2022-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-02
accounts-with-accounts-type-dormant
accounts · AA
2021-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-10
accounts-with-accounts-type-dormant
accounts · AA
2021-01-04
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-04
accounts-with-accounts-type-dormant
accounts · AA
2019-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-26