ECG GROUNDWORK’S LTD

💤Zombieactive
SC759179 · ltd · incorporated 2023-02-16
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
not disclosed
Net worth
book net assets
Opportunity
52/100
Worth a look
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 43290Other construction installation
Investor take
Pass (distressed without resilience)
Distressed admin-neglect survivor — structural issues outweigh the discount.

Opportunity 52/100 (worth a look), bankability 40/100. 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). Current lenders should be on monthly review.

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
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
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
52/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
46
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (6 events)Click to expand
  1. 2024-09-06
    📍
    default-companies-house-service-address-applied-psc
    address · RP10
  2. 2024-09-06
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  3. 2024-09-06
    📍
    default-companies-house-registered-office-address-applied
    address · RP05
  4. 2023-02-16
    🏢
    Company incorporated
    As ECG GROUNDWORK’S LTD
  5. 2023-02-16
    MUIR, Peter Thomas appointed
    director
  6. 2023-02-16
    📄
    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 high · 1 low
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2024-11-16

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2024-02-29

Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Peter Thomas Muir
Individual · Scottish · DOB 12/1991 · age 35
75100%
75–100%board control75-100% shares · 75-100% voting · board control16/02/2023

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2023-02-16
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

SC759179 - COMPANIES HOUSE DEFAULT ADDRESS
Edinburgh
EH7 9HR

Filing status

Accounts
Next due: 2024-11-16OVERDUE
Last made up to:
Confirmation statement
Next due: 2024-02-29OVERDUE
Last:

Officers (1 active · 0 resigned)

MUIR, Peter Thomas
director · ~35y · appointed 2023-02-16
View their other companies + combined net worth →
Active

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

Recent filings (4 total)

default-companies-house-service-address-applied-psc
address · RP10
2024-09-06
default-companies-house-service-address-applied-officer
address · RP09
2024-09-06
default-companies-house-registered-office-address-applied
address · RP05
2024-09-06
incorporation-company
incorporation · NEWINC
2023-02-16