L G C HOMES LIMITED
Opportunity 63/100 (worth a look), bankability 60/100. 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).
Refinance opportunity
2 live charges · oldest 2.4y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 2.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-04-30 | 2023-04-30 |
|---|---|---|
| Total assets | £385.8k | — |
| Current assets | £474.9k | — |
| Net assets | £88.9k | — |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (15 events)Click to expand
- 2025-01-10📄mortgage-satisfy-charge-partmortgage · MR04
- 2024-12-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-01📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-05-24🔓Charge satisfied #1
- 2024-05-20🔒Charge registered #2Lender: George West Limited
- 2024-05-14📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-01-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-16📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2023-11-29🔒Charge registered #1Lender: George West Limited
- 2023-04-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-26🏢Company incorporatedAs L G C HOMES LIMITED
- 2021-04-26➕CHEYNE, Lewis George appointeddirector
- 2021-04-26📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-04-30
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Lewis George Cheyne Individual · British · DOB 08/1993 · age 33 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 26/04/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| L & G JOINERY LIMITED→ SC244862 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| L&M COATINGS LTD→ SC847247 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LANGSTANE DEVELOPMENTS LIMITED→ SC598612 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| LAWRIE (DEMOLITION) LIMITED→ SC078553 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| LEDINGHAM PLANT LIMITED→ SC382806 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| LEE INNES LIMITED→ SC248630 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| LEWIS WALKER SERVICES LTD→ SC792921 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LKCOLLIE JOINERY LTD→ SC662466 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| LOVIE CONSTRUCTION LIMITED→ SC121494 · est 1989 · no financials extracted | — | — | — | — | 36y | — | — |
| LUKAS CONTRACTING LIMITED→ SC565618 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LURE RETAIL LTD→ SC816305 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| M A JOINERY (GRAMPIAN) LTD→ SC475153 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
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 →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
Registered office
Filing status
Officers (1 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| part-satisfied | George West George West Limited | A registered charge | 1 property | 20/05/2024 | — | |
| satisfied | George West George West Limited | A registered charge | 1 property | 29/11/2023 | 24/05/2024 |