AUCHTERARDER PICTUREHOUSE LIMITED

💤Zombieactive
SC675639 · ltd · incorporated 2020-09-28
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
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Turnover
year to Nov 2024
Net worth
£816.4k
book net assets
Opportunity
73/100
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 bankable structure.

Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -97% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 2.7y

10/100
under pressure

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

  • · Newest facility, 2.7 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

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
1 charges (1/1 with lender, 1/1 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
6 connected companies via shared directors
63
Filing history
17 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
73/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £816,398
Cash draining
Cash down 97% YoY
Cash YoY
-97%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4k
↓ 97% YoY
Net Worth
£816k
↑ 2281% YoY
Current Assets
£141k
↑ 14% YoY
Current Liabilities
-£37k£133k£304k£475k£646k£816kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£972.4k£118.6k
Current assets£141.4k£123.8k
Cash£3.5k£121.0k
Debtors£137.9k£2.9k
Net assets£816.4k£-37.4k

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
0
filings
Last 180 days
3
filings
  • 2 gazette
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-12-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-12-16
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2025-09-01
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  4. 2025-08-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2024-11-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-08-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  7. 2023-10-27
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  8. 2023-09-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2023-09-01
    🔒
    Charge registered #1
    Lender: The Mortgage Lender Limited
  10. 2023-06-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2022-08-22
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2022-07-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2020-09-28
    🏢
    Company incorporated
    As AUCHTERARDER PICTUREHOUSE LIMITED
  14. 2020-09-28
    LAISEN, Peter appointed
    director
  15. 2020-09-28
    📄
    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 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

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
Mr Peter Laisen
Individual · Danish · DOB 02/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control28/09/2020

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

7 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
Incorporated2020-09-28
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

77a Langside Drive
Glasgow
G43 2ST
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-11
Last: 2025-09-27

Officers (1 active · 0 resigned)

LAISEN, Peter
director · ~52y · appointed 2020-09-28
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
The Mortgage Lender
The Mortgage Lender Limited
A registered charge1 property01/09/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (17 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-12-17
gazette-notice-compulsory
gazette · GAZ1
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-09-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-11-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-29
change-account-reference-date-company-current-extended
accounts · AA01
2023-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-09-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31
certificate-change-of-name-company
change-of-name · CERTNM
2022-08-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-13