CLMORGAN LTD

🌿Early-stageactive
SC804141 · ltd · incorporated 2024-03-22
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
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 roads and motorways
Sector: Construction
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: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
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
6 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
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
4
filings
  • 2 gazette
  • 2 dissolution
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2026-01-29
    📄
    dissolution-withdrawal-application-strike-off-company
    dissolution · DS02
  3. 2025-12-16
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  4. 2025-12-08
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  5. 2024-03-22
    🏢
    Company incorporated
    As CLMORGAN LTD
  6. 2024-03-22
    MORGAN, Corey John appointed
    director
  7. 2024-03-22
    THOMSON, Laura Alexandria appointed
    director
  8. 2024-03-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
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.
  • +Founder name in company name: Company name contains director surname "MORGAN" — strong identity link between founder and business.
  • +Young company: Only 2.1 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: 2025-12-22

Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-04

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Miss Laura Alexandria Thomson
Individual · British · DOB 05/1995 · age 31
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/03/2024
Mr Corey John Morgan
Individual · British · DOB 02/1995 · age 31
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/03/2024

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

🔒Co-director network graph

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Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2024-03-22
Jurisdictionscotland
Primary SIC42110 — Construction of roads and motorways

Registered office

6 St Cuthberts Crescent
Hallhill Road
Johnstone
PA5 0TH
United Kingdom

Filing status

Accounts
Next due: 2025-12-22OVERDUE
Last made up to:
Confirmation statement
Next due: 2026-04-04OVERDUE
Last: 2025-03-21

Officers (2 active · 0 resigned)

MORGAN, Corey John
director · ~31y · appointed 2024-03-22
View their other companies + combined net worth →
Active
THOMSON, Laura Alexandria
director · ~31y · appointed 2024-03-22
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2026-01-29
gazette-notice-voluntary
gazette · GAZ1(A)
2025-12-16
dissolution-application-strike-off-company
dissolution · DS01
2025-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
incorporation-company
incorporation · NEWINC
2024-03-22