LNG9 LIMITED

💤Zombieactive
SC631531 · ltd · incorporated 2019-05-24
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 May 2024
Net worth
£31.0k
book net assets
Opportunity
60/100
Worth a look
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Special-situation opportunity
Distressed holding with salvageable qualities — special-situations priority.

Opportunity 60/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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).

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
Confirmed no charges registered
85
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
Network not yet resolved
30
Filing history
23 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
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
50
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
64
Some moderate concerns — review 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 £31,000

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£31k
~ YoY
Current Assets
£1k
~ YoY
Current Liabilities
£0£6k£12k£19k£25k£31kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£1.0k£1.0k
Current assets£1.0k£1.0k
Net assets£31.0k£31.0k

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

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
1
filing
  • 1 gazette
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-08-13
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-08-12
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-09-10
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-07-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2024-05-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2024-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-04-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2023-08-09
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  11. 2023-08-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2023-01-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2022-10-28
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  14. 2022-03-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2020-08-24
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2019-05-24
    🏢
    Company incorporated
    As LNG9 LIMITED
  18. 2019-05-24
    KATARIA, Swapan appointed
    director
  19. 2019-05-24
    📄
    incorporation-company
    incorporation · NEWINC

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 7 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 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Swapan Kataria
Individual · Canadian · DOB 05/1973 · age 53
75100%
75–100%board control75-100% shares · 75-100% voting · board control24/05/2019

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
Incorporated2019-05-24
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

First Floor, Citypoint, 65
Haymarket Terrace
Edinburgh
EH12 5HD
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23

Officers (1 active · 0 resigned)

KATARIA, Swapan
director · ~53y · appointed 2019-05-24
View their other companies + combined net worth →
Active

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

Recent filings (23 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-13
gazette-notice-compulsory
gazette · GAZ1
2025-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-09-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-03
gazette-filings-brought-up-to-date
gazette · DISS40
2024-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-30
gazette-notice-compulsory
gazette · GAZ1
2024-04-30
gazette-filings-brought-up-to-date
gazette · DISS40
2023-08-09
gazette-notice-compulsory
gazette · GAZ1
2023-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-19