CARSEGRAY (ANGUS) LIMITED

🌳Matureactive
SC283937 · ltd · incorporated 2005-04-28
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Investment thesis: well_run_hard_buy → unclassified
  • · Hygiene score: 90 → 70
  • · Opportunity score: 81 → 73
  • · Bankability: 75 → 65
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • ·Investment thesis: well_run_hard_buyunclassified
  • Opportunity score: 8173
  • Hygiene score: 9070
  • Bankability: 7565
  • ·Distress / opportunity: avoidattractive
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£1
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed holding with salvageable qualities — special-situations priority.

Opportunity 73/100 (strong), bankability 65/100. Strong seller-intent signal (65/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
68 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1
~ YoY
Current Assets
£1
~ YoY
Current Liabilities
£0£0£0£1£1£1Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£1£1
Current assets£1£1
Net assets£1£1

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
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-05-19
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-05-11
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-05-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-09-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-04-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-04-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-04-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2023-07-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-07-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-06-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2023-06-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2023-05-29
    LESLIE MELVILLE, Robin Jeffrey appointed
    director
  13. 2023-04-27
    GOW, Charles Alexander Harper resigned
    director
  14. 2022-05-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2022-04-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-05-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-06-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2019-07-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-05-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2018-10-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2005-05-17
    MCLAREN, Elizabeth Margaret appointed
    director
  22. 2005-05-17
    GOW, Charles Alexander Harper appointed
    director
  23. 2005-05-17
    HUTCHESON, Iain Henderson resigned
    director
  24. 2005-04-28
    🏢
    Company incorporated
    As CARSEGRAY (ANGUS) LIMITED
  25. 2005-04-28
    THORNTONS LAW LLP appointed
    corporate-secretary
  26. 2005-04-28
    THORNTONS WS appointed
    corporate-secretary
  27. 2005-04-28
    THORNTONS WS resigned
    corporate-secretary
  28. 2005-04-28
    HUTCHESON, Iain Henderson appointed
    director

Owner dependency

76/100
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.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

81/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-05-12

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Robin Jeffrey Leslie Melville
Individual · British · DOB 05/1967 · age 59
sig. influencesignificant influence29/05/2023
1 historic (ceased) PSC
  • Mr Charles Alexander Harper Gowceased 27/04/2023· significant influence

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

7 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
Incorporated2005-04-28
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Whitehall House
33 Yeaman Shore
Dundee
DD1 4BJ

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-12OVERDUE
Last: 2025-04-28

Officers (3 active · 3 resigned)

THORNTONS LAW LLP
corporate-secretary · appointed 2005-04-28
View their other companies + combined net worth →
Active
LESLIE MELVILLE, Robin Jeffrey
director · ~59y · appointed 2023-05-29
View their other companies + combined net worth →
Active
MCLAREN, Elizabeth Margaret
director · ~63y · appointed 2005-05-17
View their other companies + combined net worth →
Active
THORNTONS WS
corporate-secretary · appointed 2005-04-28 · resigned 2005-04-28
Resigned
GOW, Charles Alexander Harper
director · ~74y · appointed 2005-05-17 · resigned 2023-04-27
Resigned
HUTCHESON, Iain Henderson
director · ~64y · appointed 2005-04-28 · resigned 2005-05-17
Resigned

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

Recent filings (68 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-19
dissolution-application-strike-off-company
dissolution · DS01
2026-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-16
change-person-director-company-with-change-date
officers · CH01
2024-04-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-26
change-person-director-company-with-change-date
officers · CH01
2023-07-05
appoint-person-director-company-with-name-date
officers · AP01
2023-06-23
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-23
termination-director-company-with-name-termination-date
officers · TM01
2023-06-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-11