LMQ INVESTMENTS LTD

💤Zombieactive
SC723915 · ltd · incorporated 2022-02-21
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 May 2025
Net worth
£-11.3k
book net assets
Opportunity
64/100
Worth a look
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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
Pass (distressed without resilience)
Distressed property-backed borrower — structural issues outweigh the discount.

Opportunity 64/100 (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: 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).

🏦

Refinance opportunity

8 live charges · 2 lenders · oldest 1.5y

0/100
under pressure

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

  • · Newest facility, 1.5 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · 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.

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
8 charges (8/8 with lender, 8/8 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
2 connected companies via shared directors
51
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth 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
55
Some acquirability indicators.
Risk profile
66
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £11,301

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£11k
Current Assets
£3k
Current Liabilities
-£11k-£8k-£5k-£3k£413£3kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£67.5k
Current assets£3.3k
Net assets£-11.3k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-10-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-10-15
    🔒
    Charge registered #8
    Lender: Lendinvest Btl Limited
  4. 2025-08-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2025-08-04
    🔒
    Charge registered #7
    Lender: Together Commercial Finance Limited
  6. 2025-04-25
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-04-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2025-04-25
    🔓
    Charge satisfied #5
  9. 2025-04-23
    🔒
    Charge registered #6
    Lender: Lendinvest Btl Limited
  10. 2025-04-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2025-04-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2025-04-14
    🔒
    Charge registered #5
    Lender: Lendinvest Btl Limited
  13. 2025-04-14
    🔓
    Charge satisfied #3
  14. 2025-03-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2025-03-05
    🔓
    Charge satisfied #4
  16. 2025-03-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2025-03-03
    🔒
    Charge registered #4
    Lender: Lendinvest Btl Limited
  18. 2025-01-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2024-12-06
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2024-12-04
    🔒
    Charge registered #3
    Lender: Together Commercial Finance Limited
  21. 2024-12-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2024-11-19
    🔒
    Charge registered #2
    Lender: Together Commercial Finance Limited
  23. 2024-11-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2024-11-15
    🔒
    Charge registered #1
    Lender: Together Commercial Finance Limited
  25. 2024-07-10
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  26. 2024-07-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  27. 2023-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  28. 2022-02-21
    🏢
    Company incorporated
    As LMQ INVESTMENTS LTD
  29. 2022-02-21
    MCQUARRIE, Gary appointed
    director
  30. 2022-02-21
    📄
    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

2 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.

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-07-04: certificate-change-of-name-company

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 Gary Mcquarrie
Individual · British · DOB 02/1988 · age 38
75100%
75–100%board control75-100% shares · 75-100% voting · board control21/02/2022

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

10 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
Incorporated2022-02-21
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

10 Dermontside Close
Glasgow
G53 7ZT
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-03-06
Last: 2026-02-20

Officers (1 active · 0 resigned)

MCQUARRIE, Gary
director · ~38y · appointed 2022-02-21
View their other companies + combined net worth →
Active

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

Mortgages & charges

8
Total charges
5
Outstanding
2
Active lenders
Status:Lender:8 of 8 shown
TypeProperties
outstanding
LendInvest
Lendinvest Btl Limited
A registered charge1 property15/10/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property04/08/2025
outstanding
LendInvest
Lendinvest Btl Limited
A registered charge1 property23/04/2025
satisfied
LendInvest
Lendinvest Btl Limited
A registered charge1 property14/04/202525/04/2025
satisfied
LendInvest
Lendinvest Btl Limited
A registered charge1 property03/03/202505/03/2025
satisfied
Together Money
Together Commercial Finance Limited
A registered charge2 properties04/12/202414/04/2025
outstanding
Together Money
Together Commercial Finance Limited
A registered charge1 property19/11/2024
outstanding
Together Money
Together Commercial Finance Limited
A registered charge15/11/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (21 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-10-23
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-08-06
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-25
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-04-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-05
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-dormant
accounts · AA
2025-01-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-18