AVSCO LTD

💤Zombieactive
SC655954 · ltd · incorporated 2020-02-28
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 Feb 2025
Net worth
book net assets
Opportunity
66/100
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
Property-backed borrower. Reasonable fundamentals — worth a memo before deciding.

Opportunity 66/100 (strong), bankability 57/100. 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. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

11 live charges · 8 lenders · oldest 5.1y

15/100
under pressure

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

  • · Oldest live charge is 5.1 years old — likely at or near maturity.
  • · 8 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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
11 charges (11/11 with lender, 11/11 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
Network not yet resolved
30
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
74
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£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-29

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
4
filings
  • 3 mortgage
  • 1 confirmation-statement
Last 180 days
4
filings
  • 3 mortgage
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2026-03-30
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-03-30
    🔓
    Charge satisfied #3
  3. 2026-03-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2026-03-02
    🔓
    Charge satisfied #5
  5. 2026-02-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2026-02-03
    🔓
    Charge satisfied #2
  7. 2025-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2025-08-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2025-08-20
    🔓
    Charge satisfied #1
  10. 2025-05-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2025-03-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2025-03-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2025-03-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2025-03-05
    🔒
    Charge registered #11
    Lender: The Mortgage Works (UK) PLC
  15. 2025-03-05
    🔒
    Charge registered #10
    Lender: Together Commercial Finance Limited
  16. 2025-03-05
    🔓
    Charge satisfied #10
  17. 2024-11-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2024-10-17
    🔒
    Charge registered #9
    Lender: Paragon Bank PLC
  19. 2024-10-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2024-03-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2024-03-11
    🔓
    Charge satisfied #6
  22. 2023-12-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  23. 2023-11-29
    🔒
    Charge registered #8
    Lender: The Mortgage Works (UK) PLC
  24. 2023-09-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  25. 2023-06-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  26. 2023-06-26
    🔒
    Charge registered #7
    Lender: Kensington Mortgage Company Limited
  27. 2023-03-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  28. 2023-03-03
    🔒
    Charge registered #6
    Lender: The Mortgage Works (UK) PLC
  29. 2022-05-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  30. 2022-05-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  31. 2022-05-05
    🔒
    Charge registered #5
    Lender: The Mortgage Lender Limited
  32. 2021-09-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  33. 2021-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  34. 2021-08-26
    🔒
    Charge registered #4
    Lender: Lendinvest Btl Limited
  35. 2021-05-28
    🔒
    Charge registered #3
    Lender: Aldermore Bank PLC
  36. 2021-04-02
    🔒
    Charge registered #2
    Lender: Lendinvest Btl Limited
  37. 2021-03-25
    🔒
    Charge registered #1
    Lender: The Mortgages Works UK PLC
  38. 2020-02-28
    🏢
    Company incorporated
    As AVSCO LTD
  39. 2020-02-28
    AHMAD, Adeel 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 6 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 · 1 low
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.

5 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Adeel Ahmad
Individual · British · DOB 01/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control28/02/2020

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
Incorporated2020-02-28
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Clyde Offices 2nd Floor
48 West George Street
Glasgow
G2 1BP
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27

Officers (1 active · 0 resigned)

AHMAD, Adeel
director · ~38y · appointed 2020-02-28
View their other companies + combined net worth →
Active

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

Mortgages & charges

11
Total charges
5
Outstanding
4
Active lenders
Status:Lender:11 of 11 shown
TypeProperties
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge2 properties05/03/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge2 properties05/03/202505/03/2025
outstanding
Paragon
Paragon Bank PLC
A registered charge1 property17/10/2024
outstanding
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property29/11/2023
outstanding
Kensington Mortgage Company
Kensington Mortgage Company Limited
A registered charge1 property26/06/2023
satisfied
The Mortgage Works (UK)
The Mortgage Works (UK) PLC
A registered charge1 property03/03/202311/03/2024
satisfied
The Mortgage Lender
The Mortgage Lender Limited
A registered charge1 property05/05/202202/03/2026
outstanding
LendInvest
Lendinvest Btl Limited
A registered charge1 property26/08/2021
satisfied
Aldermore
Aldermore Bank PLC
A registered charge1 property28/05/202130/03/2026
satisfied
LendInvest
Lendinvest Btl Limited
A registered charge1 property02/04/202103/02/2026
satisfied
The Mortgages Works UK
The Mortgages Works UK PLC
A registered charge1 property25/03/202120/08/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (31 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-17
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-02
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-05
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-08
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28