LAPECA LIMITED

💤Zombieactive
SC558930 · ltd · incorporated 2017-02-28
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees1

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
1
filing
  • 1 gazette
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-04-21
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-13
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-08-12
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2024-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-03-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2019-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-03-01
    HOWELL, Peter resigned
    director
  13. 2019-02-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2018-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-04-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2018-04-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2017-04-24
    📄
    resolution
    resolution · RESOLUTIONS
  18. 2017-04-06
    HOWELL, Catherine Diana appointed
    director
  19. 2017-04-06
    HBJG SECRETARIAL LIMITED resigned
    corporate-secretary
  20. 2017-04-06
    HOWELL, Peter appointed
    director
  21. 2017-04-06
    WALKER, Andrew Graham Alexander resigned
    director
  22. 2017-04-06
    HBJG LIMITED resigned
    corporate-director
  23. 2017-02-28
    🏢
    Company incorporated
    As LAPECA LIMITED
  24. 2017-02-28
    HBJG SECRETARIAL LIMITED appointed
    corporate-secretary
  25. 2017-02-28
    WALKER, Andrew Graham Alexander appointed
    director
  26. 2017-02-28
    HBJG LIMITED appointed
    corporate-director

Owner dependency

90/100
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 72 — succession pressure is live.

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 72 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

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-01

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Catherine Diana Howell
Individual · British · DOB 12/1954 · age 72
75100%
75–100%75-100% shares · 75-100% voting06/04/2017
1 historic (ceased) PSC
  • Hbjg Limitedceased 06/04/2017· 75-100% shares · 75-100% voting

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

9 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
Incorporated2017-02-28
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

19 Rutland Square
Edinburgh
EH1 2BB
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-01OVERDUE
Last: 2025-03-18

Officers (1 active · 4 resigned)

HOWELL, Catherine Diana
director · ~72y · appointed 2017-04-06
View their other companies + combined net worth →
Active
HBJG SECRETARIAL LIMITED
corporate-secretary · appointed 2017-02-28 · resigned 2017-04-06
Resigned
HOWELL, Peter
director · ~76y · appointed 2017-04-06 · resigned 2019-03-01
Resigned
WALKER, Andrew Graham Alexander
director · ~58y · appointed 2017-02-28 · resigned 2017-04-06
Resigned
HBJG LIMITED
corporate-director · appointed 2017-02-28 · resigned 2017-04-06
Resigned

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

Recent filings (33 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-21
dissolution-application-strike-off-company
dissolution · DS01
2026-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-15
change-account-reference-date-company-previous-extended
accounts · AA01
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-24