CARSTON HOMES LIMITED

💤Zombieactive
SC727294 · ltd · incorporated 2022-03-23
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 Mar 2025
Net worth
£-1.2k
book net assets
Opportunity
68/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 68/100 (strong), bankability 70/100. 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: 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
Confirmed no charges registered
85
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
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £1,243

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
Net Worth
-£1k
Current Assets
£1k
Current Liabilities
-£1k-£715-£187£342£870£1kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£-1.2k
Current assets£1.4k
Cash£1.4k
Net assets£-1.2k

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
1
filing
  • 1 confirmation-statement
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-31
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-05-15
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  4. 2024-05-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-12-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-03-23
    🏢
    Company incorporated
    As CARSTON HOMES LIMITED
  7. 2022-03-23
    CARMICHAEL, Jack Alexander appointed
    director
  8. 2022-03-23
    📄
    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

1 med ·
Name changed recently
medium

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

Evidence: 2024-05-15: certificate-change-of-name-company

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jack Alexander Carmichael
Individual · British · DOB 10/1991 · age 35
75100%
75–100%board control75-100% shares · 75-100% voting · board control23/03/2022

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CU PLUMBING AND HEATING LTD
SC832628 · est 2024 · no financials extracted
1y
CULLROSS (BALLINDEAN) LIMITED
SC685822 · est 2021 · no financials extracted
5y
CUMBRAE PROPERTY LIMITED
SC492499 · est 2014 · no financials extracted
11y
CUTHBERTS OF EDINBURGH LIMITED
SC626628 · est 2019 · no financials extracted
7y
D BLACK ELECTRICAL SERVICES LTD
SC882032 · est 2026 · no financials extracted
D&E PROPERTY DEVELOPMENTS LTD
SC855598 · est 2025 · no financials extracted
DBLT REDHEUGH LIMITED
SC454313 · est 2013 · no financials extracted
12y
DCB WELDING DESIGN LTD
SC767427 · est 2023 · no financials extracted
2y
DEAN PLANT HIRE LIMITED
SC050534 · est 1972 · no financials extracted
53y
DEKOR STYLE LTD.
SC392394 · est 2011 · no financials extracted
15y
DENHOLM'S DECORATORS LTD
SC838350 · est 2025 · no financials extracted
1y
DEPUTY DEVELOPERS LTD
SC787823 · est 2023 · no financials extracted
2y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2022-03-23
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

The Coach House
3b Station Road
East Linton
EH40 3DP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-05
Last: 2026-03-22

Officers (1 active · 0 resigned)

CARMICHAEL, Jack Alexander
director · ~35y · appointed 2022-03-23
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-04
accounts-with-accounts-type-dormant
accounts · AA
2024-12-31
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-03
accounts-with-accounts-type-dormant
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
incorporation-company
incorporation · NEWINC
2022-03-23