LPH MUSSELBURGH LIMITED
💤Zombieactive
SC608695 · ltd · incorporated 2018-09-20
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 Sept 2023
Net worth
—
book net assets
Opportunity
53/100
Worth a look
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)Distressed admin-neglect survivor — structural issues outweigh the discount.
Opportunity 53/100 (worth a look), bankability 37/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
8 live charges · 5 lenders · oldest 7.1y
15/100
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.
- · 5 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (75/100)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
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 5 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2023-09-30 |
|---|---|
| Average employees | 0 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2025-10-10📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2025-09-30📄gazette-notice-compulsorygazette · GAZ1
- 2024-12-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-13➖MONTAGUE, Rachel resigneddirector
- 2024-12-12➕MACKMAN, David Stuart appointeddirector
- 2024-12-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-16📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-07-02📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-12📄dissolved-compulsory-strike-off-suspendeddissolution · DISS16(SOAS)
- 2024-05-14📄gazette-notice-compulsorygazette · GAZ1
- 2024-01-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-01-02📄gazette-notice-compulsorygazette · GAZ1
- 2023-11-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-13➖MONTAGUE, Andrew Seth resigneddirector
- 2023-11-13➕MONTAGUE, Rachel appointeddirector
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-12-23🔒Charge registered #8Lender: Paragon Bank PLC
- 2021-12-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-22📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-12-22🔓Charge satisfied #7
- 2021-12-22🔓Charge satisfied #6
- 2021-12-22🔓Charge satisfied #5
- 2021-09-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-15📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-09-15🔓Charge satisfied #4
- 2021-09-15🔓Charge satisfied #3
- 2021-07-02🔒Charge registered #7Lender: Assetz Capital Trust Company Limited
- 2021-06-25🔒Charge registered #6Lender: Assetz Capital Trust Company Limited
- 2021-06-25🔒Charge registered #5Lender: Assetz Capital Trust Company Limited
- 2021-01-15➖MONTAGUE, Samuel Marcus resigneddirector
- 2020-07-18➕MONTAGUE, Samuel Marcus appointeddirector
- 2020-03-18🔓Charge satisfied #2
- 2020-03-18🔓Charge satisfied #1
- 2020-02-28🔒Charge registered #4Lender: Crowd Property Limited (As Agent and Security Trustee)
- 2020-02-26🔒Charge registered #3Lender: Crowd Property Limited
- 2019-07-31➖LANGHAM, Tyrone Denis James resigneddirector
- 2019-07-08🔒Charge registered #2Lender: Watershed (Scotland) Limited
- 2019-03-30🔒Charge registered #1Lender: Watershed (Scotland) Limited
- 2018-10-30➕MONTAGUE, Andrew Seth appointeddirector
- 2018-09-20🏢Company incorporatedAs LPH MUSSELBURGH LIMITED
- 2018-09-20➕LANGHAM, Tyrone Denis James appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
2 high · 1 med ·Accounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2025-07-30
Confirmation statement overdue
highAnnual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2025-10-25
Charge satisfaction-then-recreation pattern
mediumMultiple 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Andrew Seth Montague Individual · British · DOB 03/1973 · age 53 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 13/01/2021 |
3 historic (ceased) PSCs
- Melbury Capital Limitedceased 13/01/2021· 75-100% shares
- Mr Andrew Seth Montagueceased 31/07/2019· 75-100% shares
- Tyrone Denis James Langhamceased 31/07/2019· 75-100% shares · 75-100% voting · board control
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 →Similar companies
Active · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GEORGE LESLIE LIMITED→ SC251886 · est 2003 | £42.07M £30.05M–£54.09M | — | — | 43000 | 22y | 87 | 59y |
| MACKENZIE CONSTRUCTION LIMITED→ SC073177 · est 1980 | £19.04M £13.60M–£24.48M | — | — | 292 | 45y | 87 | 61y |
| SLM MACKENZIE LIMITED→ SC243618 · est 2003 | £19.02M £13.59M–£24.46M | — | — | 292 | 23y | 86 | 63y |
| LUDDON CONSTRUCTION LIMITED→ SC057943 · est 1975 | £15.71M £11.22M–£20.20M | — | — | 55400 | 50y | 87 | 60y |
| CURTIS MOORE (CLADDING SYSTEMS) LIMITED→ SC206369 · est 2000 | £6.45M £4.61M–£8.30M | — | — | 3700 | 26y | 85 | 65y |
| A.B. 2000 LTD.→ SC155832 · est 1995 | £6.43M £4.59M–£8.26M | — | — | 10600 | 31y | 84 | 46y |
| VEITCHI INTERIORS LIMITED→ SC042401 · est 1965 | £3.00M £2.15M–£3.86M | — | — | 53 | 60y | 87 | 61y |
| WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→ SC101441 · est 1986 | £968.2k £691.5k–£1.24M | — | — | 66 | 39y | 85 | 70y |
| INSITE CONTRACTS LIMITED→ SC162464 · est 1996 | £682.9k £487.8k–£878.0k | — | — | 47 | 30y | 85 | 60y |
| TARPAVE LIMITED→ SC240089 · est 2002 | £32.6k £23.3k–£41.9k | £2.30M | — | 1100 | 23y | 84 | 65y |
| A H F CONSTRUCTION MANAGEMENT LTD.→ SC352436 · est 2008 | — | — | £2.19M | — | 17y | 83 | 58y |
| ALGAS MEDICAL INSTALLATIONS LIMITED→ SC284549 · est 2005 | — | — | — | 2200 | 21y | 83 | 70y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
10 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
Incorporated2018-09-20
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
3 Clairmont Gardens
Glasgow
G3 7LW
Scotland
Filing status
Accounts
Next due: 2025-07-30OVERDUE
Last made up to: 2023-09-30
Confirmation statement
Next due: 2025-10-25OVERDUE
Last: 2024-10-11
Officers (1 active · 4 resigned)
MACKMAN, David Stuart→
Activedirector · ~52y · appointed 2024-12-12
View their other companies + combined net worth →
LANGHAM, Tyrone Denis James→
Resigneddirector · ~32y · appointed 2018-09-20 · resigned 2019-07-31
MONTAGUE, Andrew Seth→
Resigneddirector · ~53y · appointed 2018-10-30 · resigned 2023-11-13
MONTAGUE, Rachel→
Resigneddirector · ~54y · appointed 2023-11-13 · resigned 2024-12-13
MONTAGUE, Samuel Marcus→
Resigneddirector · ~28y · appointed 2020-07-18 · resigned 2021-01-15
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
1
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Paragon Paragon Bank PLC | A registered charge | 1 property | 23/12/2021 | — | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | 2 properties | 02/07/2021 | 22/12/2021 | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | — | 25/06/2021 | 22/12/2021 | |
| satisfied | Assetz Capital Trust Company Assetz Capital Trust Company Limited | A registered charge | — | 25/06/2021 | 22/12/2021 | |
| satisfied | Crowd Property (As Agent and Security Trustee) Crowd Property Limited (As Agent and Security Trustee) | A registered charge | 1 property | 28/02/2020 | 15/09/2021 | |
| satisfied | Crowd Property Crowd Property Limited | A registered charge | — | 26/02/2020 | 15/09/2021 | |
| satisfied | Watershed (Scotland) Watershed (Scotland) Limited | A registered charge | — | 08/07/2019 | 18/03/2020 | |
| satisfied | Watershed (Scotland) Watershed (Scotland) Limited | A registered charge | 1 property | 30/03/2019 | 18/03/2020 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (56 total)
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-10-10
gazette-notice-compulsory
gazette · GAZ1
2025-09-30
termination-director-company-with-name-termination-date
officers · TM01
2024-12-16
appoint-person-director-company-with-name-date
officers · AP01
2024-12-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-07
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-08-16
gazette-filings-brought-up-to-date
gazette · DISS40
2024-07-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-30
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2024-06-12
gazette-notice-compulsory
gazette · GAZ1
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-15
gazette-filings-brought-up-to-date
gazette · DISS40
2024-01-06
gazette-notice-compulsory
gazette · GAZ1
2024-01-02
appoint-person-director-company-with-name-date
officers · AP01
2023-11-14