CARRIDEN HOMES GROUP LTD.

💤Zombieactive
SC576959 · ltd · incorporated 2017-09-22
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
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
  • 96090Other service activities n.e.c.
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 7.1y

30/100
under pressure

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

  • · Oldest live charge is 7.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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

Company profile
address, 4 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
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
4 connected companies via shared directors
57
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
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£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 employees0100

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
1
filing
  • 1 accounts
Last 180 days
3
filings
  • 1 accounts
  • 1 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-12-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-12-09
    🔓
    Charge satisfied #4
  4. 2024-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-12-21
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2021-12-21
    🔒
    Charge registered #6
    Lender: Together Commercial Finance Limited
  10. 2021-12-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-12-02
    🔒
    Charge registered #5
    Lender: Together Commercial Finance Limited
  12. 2021-07-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2021-07-02
    🔓
    Charge satisfied #3
  14. 2021-03-17
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2021-03-16
    🔒
    Charge registered #4
    Lender: Together Commercial Finance Limited
  16. 2021-03-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2021-03-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2021-03-12
    🔓
    Charge satisfied #1
  19. 2021-03-10
    🔒
    Charge registered #3
    Lender: Together Commercial Finance Limited
  20. 2020-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2019-04-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2019-04-12
    🔒
    Charge registered #2
    Lender: Residential Loans LTD
  24. 2019-04-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2019-04-04
    🔒
    Charge registered #1
    Lender: Residential Loans LTD
  26. 2018-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  27. 2017-09-22
    🏢
    Company incorporated
    As CARRIDEN HOMES GROUP LTD.
  28. 2017-09-22
    CONNOLLY, Leigh Allan appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Leigh Allan Connolly
Individual · British · DOB 08/1981 · age 45
75100%
75–100%board control75-100% shares · 75-100% voting · board control22/09/2017

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
Incorporated2017-09-22
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

2 Marshall Place
Perth
PH2 8AH
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-25
Last: 2025-08-11

Officers (1 active · 0 resigned)

CONNOLLY, Leigh Allan
director · ~45y · appointed 2017-09-22
View their other companies + combined net worth →
Active

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

Mortgages & charges

6
Total charges
3
Outstanding
2
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property21/12/2021
outstanding
Together Money
Together Commercial Finance Limited
A registered charge02/12/2021
satisfied
Together Money
Together Commercial Finance Limited
A registered charge3 properties16/03/202109/12/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge10/03/202102/07/2021
outstanding
Residential Loans
Residential Loans LTD
A registered charge1 property12/04/2019
satisfied
Residential Loans
Residential Loans LTD
A registered charge04/04/201912/03/2021
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (29 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-25
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-26
mortgage-satisfy-charge-full
mortgage · MR04
2021-07-02