LMW HOLDINGS LIMITED
🌿Early-stageactive
SC783501 · ltd · incorporated 2023-09-22
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-46.8k
book net assets
Opportunity
66/100
Strong
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 66/100 (strong), bankability 52/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).
🏦
Refinance opportunity
20 live charges · 4 lenders · oldest 2.0y
0/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Newest facility, 2.0 years old — likely still in initial term.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
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
20 charges (20/20 with lender, 20/20 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
74
Few red 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 £46,814
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
-£47k
↓ 266% YoY
Current Assets
£78k
↑ 56% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £455.6k | £-12.8k |
| Current assets | £77.9k | £49.9k |
| Net assets | £-46.8k | £-12.8k |
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 mortgage
Last 180 days
7
filings
- • 6 mortgage
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
- 2026-03-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-10🔒Charge registered #20Lender: Aldermore Bank PLC
- 2026-02-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-02-05🔒Charge registered #19Lender: Aldermore Bank PLC
- 2026-02-03🔒Charge registered #18Lender: Aldermore Bank PLC
- 2025-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-11-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-27📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-18🔒Charge registered #17Lender: Aldermore Bank PLC
- 2025-11-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-11-12🔒Charge registered #16Lender: Aldermore Bank PLC
- 2025-10-28🔒Charge registered #15Lender: Aldermore Bank PLC
- 2025-09-17📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-09-03🔒Charge registered #14Lender: Aldermore Bank PLC
- 2025-07-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-09📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-26📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-26🔒Charge registered #13Lender: Aldermore Bank PLC
- 2025-06-26🔒Charge registered #12Lender: Aldermore Bank PLC
- 2025-06-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-06-16🔒Charge registered #11Lender: Aldermore Bank PLC
- 2025-06-13🔒Charge registered #10Lender: Aldermore Bank PLC
- 2024-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-18📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-12🔒Charge registered #9Lender: The Mortgage Works (UK) PLC
- 2024-09-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-09-02🔒Charge registered #8Lender: Leeds Building Society
- 2024-08-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-08-27🔒Charge registered #7Lender: The Mortgage Works (UK) PLC
- 2024-08-27🔒Charge registered #6Lender: The Mortgage Works (UK) PLC
- 2024-08-27🔒Charge registered #5Lender: The Mortgage Works (UK) PLC
- 2024-07-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-07-05🔒Charge registered #4Lender: Leeds Building Society
- 2024-06-24📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-19🔒Charge registered #3Lender: The Mortgage Works (UK) PLC
- 2024-06-06📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-06-04🔒Charge registered #2Lender: The Mortgage Works (UK) PLC
- 2024-05-24📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-05-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-05-08🔒Charge registered #1Lender: Mortgage Works (UK) PLC
- 2023-09-22🏢Company incorporatedAs LMW HOLDINGS LIMITED
- 2023-09-22➕RUSSELL, Kirstie appointeddirector
- 2023-09-22➕WINSTON, Anthony appointeddirector
Owner dependency
63/100
High — earn-out structure requiredMaterial 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 2.6 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited 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
1 med · 1 low11 new charges in last 12 months
mediumHeavy recent charge activity can indicate refinancing pressure, aggressive leverage, or multiple lender rotation.
Evidence: 2026-03-10: A registered charge; 2026-02-05: A registered charge; 2026-02-03: A registered charge
20 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Kirstie Russell Individual · British · DOB 04/1975 · age 51 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 22/09/2023 |
Mr Anthony Winston Individual · British · DOB 03/1977 · age 49 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 22/09/2023 |
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 · Property · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| L&P PROPERTIES SCOTLAND LTD→ SC725621 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| LML PROPERTIES LIMITED→ SC347772 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| LO BIANCO'S PROPERTY LTD→ SC768954 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LOBRAICO PROPERTY LTD→ SC635695 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| LOCH VIEW PROPERTIES LTD→ SC655602 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| LOCHALSH ESTATES LIMITED→ SC106710 · est 1987 · no financials extracted | — | — | — | — | 38y | — | — |
| LOCHWOOD PROPERTY MANAGEMENT LTD→ SC469289 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| LODESTONE WORKSPACES LTD→ SC792147 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| LOKULE PROPERTY LTD→ SC881637 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| LONGVIEW LAND LTD→ SC489665 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| LOOKING TO RENT UK LTD→ SC385770 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| LOPEZ MILLON INVESTMENTS LIMITED→ SC777916 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2023-09-22
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Suite 6 The Skyhub, Skypark
8 Elliot Place
Glasgow
G3 8EP
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-16
Last: 2025-09-02
Officers (2 active · 0 resigned)
RUSSELL, Kirstie→
Activedirector · ~51y · appointed 2023-09-22
View their other companies + combined net worth →
WINSTON, Anthony→
Activedirector · ~49y · appointed 2023-09-22
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
20
Total charges
20
Outstanding
4
Active lenders
Status:Lender:20 of 20 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 10/03/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 05/02/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/02/2026 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 18/11/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 12/11/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 28/10/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 03/09/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 26/06/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 26/06/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 16/06/2025 | — | |
| outstanding | Aldermore Aldermore Bank PLC | A registered charge | 1 property | 13/06/2025 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 12/09/2024 | — | |
| outstanding | Leeds Building Society | A registered charge | 1 property | 02/09/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 27/08/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 27/08/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 27/08/2024 | — | |
| outstanding | Leeds Building Society | A registered charge | 1 property | 05/07/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 19/06/2024 | — | |
| outstanding | The Mortgage Works (UK) The Mortgage Works (UK) PLC | A registered charge | 1 property | 04/06/2024 | — | |
| outstanding | Mortgage Works (UK) Mortgage Works (UK) PLC | A registered charge | 1 property | 08/05/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (26 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-05
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-17
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-18