PATHGATE HEALTHCARE LIMITED

🌿Early-stageactive
SC770947 · ltd · incorporated 2023-05-30
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to May 2024
Net worth
£0
book net assets
Opportunity
52/100
Worth a look
🔔
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What this business does
Primary activity: Residential nursing care activities
Sector: Human health & social work
ALSO REGISTERED FOR
  • 87200Residential care activities for learning difficulties, mental health and substance abuse
  • 87300Residential care activities for the elderly and disabled
  • 87900Other residential care activities n.e.c.
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: strategic trade sale (48/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (71/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
14 filings on record
85
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
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£0
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-31
Total assets£0
Net assets£0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (17 events)Click to expand
  1. 2025-06-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2025-04-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2025-01-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-11-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2024-11-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2023-08-13
    CHIWANZA, Nancy appointed
    secretary
  8. 2023-08-13
    MUSENYI, Gladys appointed
    director
  9. 2023-08-13
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2023-08-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-08-12
    GORORO, Rachel Revai resigned
    director
  12. 2023-08-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-08-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2023-05-30
    🏢
    Company incorporated
    As PATHGATE HEALTHCARE LIMITED
  15. 2023-05-30
    CHIWANZA, Nancy Matura appointed
    director
  16. 2023-05-30
    GORORO, Rachel Revai appointed
    director
  17. 2023-05-30
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Young company: Only 2.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

2 high ·
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: 2026-02-28

Confirmation statement overdue
high

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

Evidence: Next due: 2026-02-05

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Nancy Matura Chiwanza
Individual · Zimbabwean · DOB 10/1993 · age 33
2550%
25–50%board control25-50% shares · 25-50% voting · board control30/05/2023
1 historic (ceased) PSC
  • Miss Rachel Revai Gororoceased 12/08/2023· 25-50% shares · 25-50% voting · board control

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
Incorporated2023-05-30
Jurisdictionscotland
Primary SIC87100 — Residential nursing care activities

Registered office

35-36 Cedar Crescent
Thornton
Kirkcaldy
Fife
KY1 4BE
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-02-05OVERDUE
Last: 2025-01-22

Officers (3 active · 1 resigned)

CHIWANZA, Nancy
secretary · appointed 2023-08-13
View their other companies + combined net worth →
Active
CHIWANZA, Nancy Matura
director · ~33y · appointed 2023-05-30
View their other companies + combined net worth →
Active
MUSENYI, Gladys
director · ~49y · appointed 2023-08-13
View their other companies + combined net worth →
Active
GORORO, Rachel Revai
director · ~47y · appointed 2023-05-30 · resigned 2023-08-12
Resigned

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

Recent filings (14 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-20
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-30
gazette-notice-compulsory
gazette · GAZ1
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-22
gazette-filings-brought-up-to-date
gazette · DISS40
2024-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
gazette-notice-compulsory
gazette · GAZ1
2024-11-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-13
appoint-person-secretary-company-with-name-date
officers · AP03
2023-08-13
appoint-person-director-company-with-name-date
officers · AP01
2023-08-13
termination-director-company-with-name-termination-date
officers · TM01
2023-08-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-12
incorporation-company
incorporation · NEWINC
2023-05-30