ACHAGORM LIMITED

🌳Matureactive
SC292679 · ltd · incorporated 2005-11-03
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Nov 2025
Net worth
£-7.3k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £7,326

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£7k
↓ 6.2% YoY
Current Assets
£63k
~ YoY
Current Liabilities
-£7k£7k£21k£35k£49k£63kNov 2024Nov 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-11-302024-11-30
Total assets£-6.9k£-6.5k
Current assets£62.8k£62.8k
Net assets£-7.3k£-6.9k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-04-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-07-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-08-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-08-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-06-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2019-03-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-07-24
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  12. 2018-07-16
    MCELHINNEY, Jacqueline appointed
    secretary
  13. 2017-08-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2017-07-31
    WISHART, Alastair William Chisholm resigned
    secretary
  15. 2017-06-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-11-15
    📄
    legacy
    miscellaneous · RP04CS01
  17. 2016-07-21
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2014-03-31
    REID, Alasdair Richmond resigned
    secretary
  19. 2014-03-31
    WISHART, Alastair William Chisholm appointed
    secretary
  20. 2005-11-16
    LITHGOW, James Frank, Sir appointed
    director
  21. 2005-11-16
    LITHGOW, John Alexander appointed
    director
  22. 2005-11-16
    GLEN, Jeremy Stewart resigned
    nominee-secretary
  23. 2005-11-16
    REID, Alasdair Richmond appointed
    secretary
  24. 2005-11-16
    DUNN, Alastair Kenneth resigned
    nominee-director
  25. 2005-11-16
    GLEN, Jeremy Stewart resigned
    nominee-director
  26. 2005-11-03
    🏢
    Company incorporated
    As ACHAGORM LIMITED
  27. 2005-11-03
    GLEN, Jeremy Stewart appointed
    nominee-secretary
  28. 2005-11-03
    DUNN, Alastair Kenneth appointed
    nominee-director
  29. 2005-11-03
    GLEN, Jeremy Stewart appointed
    nominee-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 20 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 20 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Sir James Frank Lithgow
Individual · British · DOB 06/1970 · age 56
2550%
25-50% shares03/11/2016
Mr John Alexander Lithgow
Individual · British · DOB 12/1974 · age 52
2550%
25-50% shares03/11/2016

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

6 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
Incorporated2005-11-03
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Netherton
Langbank
Renfrewshire
PA14 6YG

Filing status

Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2026-11-17
Last: 2025-11-03

Officers (3 active · 5 resigned)

MCELHINNEY, Jacqueline
secretary · appointed 2018-07-16
View their other companies + combined net worth →
Active
LITHGOW, James Frank, Sir
director · ~56y · appointed 2005-11-16
View their other companies + combined net worth →
Active
LITHGOW, John Alexander
director · ~52y · appointed 2005-11-16
View their other companies + combined net worth →
Active
GLEN, Jeremy Stewart
nominee-secretary · appointed 2005-11-03 · resigned 2005-11-16
Resigned
REID, Alasdair Richmond
secretary · appointed 2005-11-16 · resigned 2014-03-31
Resigned
WISHART, Alastair William Chisholm
secretary · appointed 2014-03-31 · resigned 2017-07-31
Resigned
DUNN, Alastair Kenneth
nominee-director · ~60y · appointed 2005-11-03 · resigned 2005-11-16
Resigned
GLEN, Jeremy Stewart
nominee-director · ~60y · appointed 2005-11-03 · resigned 2005-11-16
Resigned

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

Recent filings (57 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-10
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-15
change-person-director-company-with-change-date
officers · CH01
2019-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-05