ARDENCROWN LIMITED

💤Zombieactive

SC701660 · ltd · incorporated 2021-06-15

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.

Why now

Window steady · medium confidence

Mixed signals — 2 changes over 30 days, no clear direction yet.

· Hygiene score: 90 → 85
· Filings: 13 → 16

What changed my view

Last 30 days

Mixed signals in the last 30 days — 1 improved, 1 worsened.

↓Hygiene score: 90 → 85
↑Filings: 13 → 16

Last 90 days

Mixed signals in the last 90 days — 2 improved, 1 worsened.

↓Hygiene score: 90 → 85
↑Bankability: 70 → 75
↑Filings: 13 → 16

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£-204

book net assets

Opportunity

72/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Construction of other civil engineering projects n.e.c.

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (80/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (1 active, 2 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

16 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £204

Net assets shrinking

Down £3,573 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£204

↓ 106% YoY

Current Assets

£18k

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-06-30	2024-06-30
Total assets	£-204	£3.4k
Current assets	£17.6k	£17.6k
Net assets	£-204	£3.4k

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

filings

Last 90 days

filings

• 2 officers
• 1 confirmation-statement

Last 180 days

filings

• 2 officers
• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (15 events)Click to expand

2026-05-28
➕
SMITH, Mark appointed
director
2026-05-28
➖
MACLEOD, Rosemary resigned
director
2026-05-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-05-28
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-03-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-01
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2022-11-30
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-10-11
📄
gazette-notice-compulsory
gazette · GAZ1
2022-08-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-15
🏢
Company incorporated
As ARDENCROWN LIMITED
2021-06-15
➕
MACLEOD, Rosemary appointed
director
2021-06-15
📄
incorporation-company
incorporation · NEWINC

Owner dependency

75/100

High — earn-out structure required

Material 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 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%

Name	Shares	Voting rights	Nature of control	Notified
Mrs Rosemary Macleod Individual · British · DOB 12/1963 · age 63	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	15/06/2021

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	£22.89M £16.35M–£29.43M	—	—	413	23y	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	£11.36M £8.11M–£14.61M	—	—	540	51y	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	87	46y
VEITCHI INTERIORS LIMITED→ SC042401 · est 1965	£3.00M £2.15M–£3.86M	—	—	53	61y	87	61y
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
ARC-TECH (SCOTLAND) LIMITED→ SC127099 · est 1990 · no financials extracted	—	—	—	—	35y	83	75y
BISHOP LOCH (MACDONALD) LIMITED→ SC201993 · est 1999 · no financials extracted	—	—	—	—	26y	83	74y

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

Incorporated2021-06-15

Jurisdictionscotland

Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

Unit 3 Morris Park

37 Rosyth Road

Glasgow

G5 0YE

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-06-28

Last: 2026-06-14

Officers (1 active · 1 resigned)

SMITH, Mark→

director · ~54y · appointed 2026-05-28

View their other companies + combined net worth →

Active

MACLEOD, Rosemary→

director · ~63y · appointed 2021-06-15 · resigned 2026-05-28

Resigned

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

Recent filings (16 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-06-18

appoint-person-director-company-with-name-date

officers · AP01

2026-05-28

termination-director-company-with-name-termination-date

officers · TM01

2026-05-28

accounts-with-accounts-type-micro-entity

accounts · AA

2026-03-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-08-05

accounts-with-accounts-type-micro-entity

accounts · AA

2025-03-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-06-19

accounts-with-accounts-type-micro-entity

accounts · AA

2024-03-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-07-18

accounts-with-accounts-type-micro-entity

accounts · AA

2023-06-14

gazette-filings-brought-up-to-date

gazette · DISS40

2022-12-01

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-11-30

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-11-30

gazette-notice-compulsory

gazette · GAZ1

2022-10-11

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-08-18