ANDSTRAT (NO. 420) G LIMITED

💤Zombieactive
SC575578 · ltd · incorporated 2017-09-06
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 Jun 2025
Net worth
book net assets
Opportunity
74/100
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
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

3 live charges · 3 lenders · oldest 5.9y

15/100
under pressure

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

  • · Oldest live charge is 5.9 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 charges (3/3 with lender, 3/3 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
1 connected companies via shared directors
48
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
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£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Average employees00

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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
  • 2 capital
  • 1 resolution
Last 180 days
4
filings
  • 2 capital
  • 1 resolution
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-02-26
    📄
    capital-return-purchase-own-shares
    capital · SH03
  2. 2026-02-10
    📄
    resolution
    resolution · RESOLUTIONS
  3. 2026-02-09
    📄
    capital-cancellation-shares
    capital · SH06
  4. 2025-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-02-14
    📄
    capital-cancellation-shares
    capital · SH06
  6. 2025-02-14
    📄
    capital-return-purchase-own-shares
    capital · SH03
  7. 2025-02-13
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2025-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-12-11
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2023-12-11
    📄
    capital-cancellation-shares
    capital · SH06
  12. 2023-12-11
    📄
    capital-return-purchase-own-shares
    capital · SH03
  13. 2022-12-15
    📄
    capital-cancellation-shares
    capital · SH06
  14. 2022-12-15
    📄
    capital-return-purchase-own-shares
    capital · SH03
  15. 2022-12-14
    📄
    memorandum-articles
    incorporation · MA
  16. 2022-12-14
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2022-11-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-07-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2022-06-27
    🔒
    Charge registered #3
    Lender: Aldermore Bank PLC
  20. 2021-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2021-09-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2021-08-26
    🔒
    Charge registered #2
    Lender: Shawbrook Bank Limited
  23. 2020-06-19
    🔒
    Charge registered #1
    Lender: Kensington Mortgage Company Limited
  24. 2020-01-10
    MCCASHIN, Nicholas Paul resigned
    director
  25. 2019-05-15
    MCCASHIN, Nicholas Paul appointed
    director
  26. 2017-09-06
    🏢
    Company incorporated
    As ANDSTRAT (NO. 420) G LIMITED
  27. 2017-09-06
    MCCASHIN, Anna Katherine appointed
    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

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
Mrs Anna Katherine Mccashin
Individual · British · DOB 04/1986 · age 40
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/09/2017

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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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
Incorporated2017-09-06
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

13 Millar Gardens
North Berwick
East Lothian
EH39 5PY
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05

Officers (1 active · 1 resigned)

MCCASHIN, Anna Katherine
director · ~40y · appointed 2017-09-06
View their other companies + combined net worth →
Active
MCCASHIN, Nicholas Paul
director · ~42y · appointed 2019-05-15 · resigned 2020-01-10
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
3
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Aldermore
Aldermore Bank PLC
A registered charge1 property27/06/2022
outstanding
Shawbrook
Shawbrook Bank Limited
A registered charge1 property26/08/2021
outstanding
Kensington Mortgage Company
Kensington Mortgage Company Limited
A registered charge1 property19/06/2020
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

capital-return-purchase-own-shares
capital · SH03
2026-02-26
resolution
resolution · RESOLUTIONS
2026-02-10
capital-cancellation-shares
capital · SH06
2026-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-17
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-10
capital-cancellation-shares
capital · SH06
2025-02-14
capital-return-purchase-own-shares
capital · SH03
2025-02-14
resolution
resolution · RESOLUTIONS
2025-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
resolution
resolution · RESOLUTIONS
2023-12-11
capital-cancellation-shares
capital · SH06
2023-12-11
capital-return-purchase-own-shares
capital · SH03
2023-12-11
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-07