YIANG LTD

💤Zombieactive
SC559712 · ltd · incorporated 2017-03-07
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
61/100
Worth a look
🔔
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What this business does

Likely a small Scottish property letting business based in Motherwell, managing and operating residential or commercial real estate — either owned or leased — on a day-to-day basis, with active filings and a mortgage charge suggesting real, ongoing property investment activity.

Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 61/100 (worth a look), bankability 47/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

6 live charges · 5 lenders · oldest 8.7y

15/100
under pressure

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

  • · Oldest live charge is 8.7 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · 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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 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
32 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review 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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-08-29
    🔒
    Charge registered #6
    Lender: Kensington Mortgage Company Limited
  4. 2025-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-08-21
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-08-20
    📄
    administrative-restoration-company
    restoration · RT01
  8. 2023-09-26
    📄
    gazette-dissolved-compulsory
    gazette · GAZ2
  9. 2023-07-11
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-04-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-09-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2021-09-17
    🔒
    Charge registered #5
    Lender: Charter Court Financial Services Limited Trading as Precise Mortgages
  14. 2021-08-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2021-08-11
    🔒
    Charge registered #4
    Lender: Charter Court Financial Services Limited (Trading as Precise Mortgages)
  16. 2021-06-24
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-06-23
    🔒
    Charge registered #3
    Lender: Charter Court Financial Services Limited
  18. 2021-04-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2021-04-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2021-04-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  21. 2021-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-03-01
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  23. 2019-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-01-28
    🔒
    Charge registered #2
    Lender: Aldermore Bank PLC
  25. 2017-09-07
    🔒
    Charge registered #1
    Lender: Charter Court Financial Services Limited
  26. 2017-03-07
    🏢
    Company incorporated
    As YIANG LTD
  27. 2017-03-07
    CARRIGAN, Michael appointed
    director
  28. 2017-03-07
    CARRIGAN, Michael appointed
    director
  29. 2017-03-07
    CARRIGAN, Michael resigned
    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

1 high · 1 low
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-07

6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Carrigan
Individual · British · DOB 05/1975 · age 51
75100%
75–100%board control75-100% shares · 75-100% voting · board control07/03/2017

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

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
Incorporated2017-03-07
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

5 Edison Court
Motherwell
ML1 2FY
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-05-07OVERDUE
Last: 2025-04-23

Officers (1 active · 1 resigned)

CARRIGAN, Michael
director · ~51y · appointed 2017-03-07
View their other companies + combined net worth →
Active
CARRIGAN, Michael
director · ~51y · appointed 2017-03-07 · resigned 2017-03-07
Resigned

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

Mortgages & charges

6
Total charges
6
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Kensington Mortgage Company
Kensington Mortgage Company Limited
A registered charge1 property29/08/2025
outstanding
Precise Mortgages
Charter Court Financial Services Limited Trading as Precise Mortgages
A registered charge1 property17/09/2021
outstanding
Precise Mortgages
Charter Court Financial Services Limited (Trading as Precise Mortgages)
A registered charge3 properties11/08/2021
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge3 properties23/06/2021
outstanding
Aldermore
Aldermore Bank PLC
A registered charge3 properties28/01/2019
outstanding
Precise Mortgages
Charter Court Financial Services Limited
A registered charge1 property07/09/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (32 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-28
resolution
resolution · RESOLUTIONS
2024-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-20
administrative-restoration-company
restoration · RT01
2024-08-20
gazette-dissolved-compulsory
gazette · GAZ2
2023-09-26
gazette-notice-compulsory
gazette · GAZ1
2023-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-09-20