LEMON2017 LIMITED

🏛️Establishedactive
SC573274 · ltd · incorporated 2017-08-09
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jul 2024
Net worth
£112.3k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Management of real estate on a fee or contract basis
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (73/100)

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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £112,317

Key financials

1 year extracted from filed iXBRL accounts
Cash
£51k
Net Worth
£112k
Current Assets
£162k
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-31
Total assets£118.0k
Current assets£162.2k
Cash£50.6k
Debtors£111.7k
Net assets£112.3k

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 (23 events)Click to expand
  1. 2025-12-10
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  2. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-03-18
    ➕
    GOVAN, Susan Diane appointed
    director
  5. 2024-03-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-02-08
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2024-02-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2023-10-27
    📄
    capital-alter-shares-subdivision
    capital · SH02
  9. 2023-10-24
    📄
    capital-name-of-class-of-shares
    capital · SH08
  10. 2023-10-24
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2023-10-24
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2023-10-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-10-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-06-07
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  15. 2023-04-25
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2023-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2023-04-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2022-12-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2022-12-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2018-01-01
    ➖
    GOVAN, Susan Diane resigned
    director
  21. 2017-09-01
    ➕
    GOVAN, Alan Paul appointed
    director
  22. 2017-08-09
    🏢
    Company incorporated
    As LEMON2017 LIMITED
  23. 2017-08-09
    ➕
    GOVAN, Susan Diane appointed
    director

Owner dependency

66/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Susan Diane Govan
Individual · British · DOB 08/1981 · age 45
25–50%
25–50%board control25-50% shares · 25-50% voting · board control08/02/2024
Mr Alan Paul Govan
Individual · British · DOB 02/1981 · age 45
25–50%
25–50%board control25-50% shares · 25-50% voting · board control01/06/2018
2 historic (ceased) PSCs
  • Mrs Susan Diane Govanceased 09/10/2023· 75-100% shares · 75-100% voting · board control
  • Mrs Susan Diane Govanceased 01/01/2018· significant influence

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

See pricing →

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GANDER EQUITIES LIMITED→
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—£5.39M—62y8387y
DOMINPLAN PROPERTY CO. LIMITED→
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£1.92M
£1.63M–£2.21M
—£1.92M—62y8389y
NEWTON PROPERTY MANAGEMENT LTD.→
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£1.45M
£1.23M–£1.66M
—£1.45M—24y8370y
MILBEAR HOLDINGS (GLASGOW) LIMITED→
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£974.3k
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£117.8k
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—£117.8k—52y8359y
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—£64.1k—21y8362y
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£53.3k
£45.3k–£61.3k
—£53.3k—22y8370y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2017-08-09
Jurisdictionscotland
Primary SIC68320 — Management of real estate on a fee or contract basis

Registered office

1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2024-07-31
Confirmation statement
Next due: 2027-02-22
Last: 2026-02-08

Officers (2 active · 1 resigned)

GOVAN, Alan Paul→
director · ~45y · appointed 2017-09-01
View their other companies + combined net worth →
Active
GOVAN, Susan Diane→
director · ~45y · appointed 2025-03-18
View their other companies + combined net worth →
Active
GOVAN, Susan Diane→
director · ~45y · appointed 2017-08-09 · resigned 2018-01-01
Resigned

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

Recent filings (42 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
change-account-reference-date-company-current-extended
accounts · AA01
2025-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
appoint-person-director-company-with-name-date
officers · AP01
2025-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-02-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-08
capital-alter-shares-subdivision
capital · SH02
2023-10-27
capital-name-of-class-of-shares
capital · SH08
2023-10-24
resolution
resolution · RESOLUTIONS
2023-10-24
resolution
resolution · RESOLUTIONS
2023-10-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-09