LANTHORNE CONSTRUCTION LIMITED

🌳Matureactive
SC385426 · ltd · incorporated 2010-09-15
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 Mar 2025
Net worth
£-47.3k
book net assets
Opportunity
81/100
Exceptional
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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 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
9 officers (4 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
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 £47,251
Cash YoY
+546%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£48k
↑ 546% YoY
Net Worth
-£47k
↓ 16% YoY
Current Assets
£58k
↑ 620% YoY
Current Liabilities
—
-£47k-£26k-£5k£16k£37k£58kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£-47.3k£-40.8k
Current assets£57.5k£8.0k
Cash£48.1k£7.4k
Debtors£9.4k£548
Net assets£-47.3k£-40.8k

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

🔒Filing-note intelligence

3 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-10-21
    📄
    legacy
    other · GUARANTEE2
  2. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-03-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-03-06
    ➕
    MCLEAN, Evan Andrew appointed
    director
  6. 2025-03-06
    ➕
    WELSH, Ron appointed
    director
  7. 2024-10-30
    📄
    legacy
    other · GUARANTEE2
  8. 2024-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-07-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-06-25
    ➖
    CARSON, John Seton Burrell resigned
    director
  11. 2023-11-13
    📄
    legacy
    other · GUARANTEE2
  12. 2023-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-12-22
    📄
    legacy
    other · GUARANTEE2
  14. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-04-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2021-09-24
    📄
    legacy
    other · GUARANTEE2
  17. 2021-09-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-10-27
    📄
    legacy
    other · GUARANTEE2
  20. 2019-09-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  21. 2018-11-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  22. 2010-12-16
    ➕
    GLASS, Jason David appointed
    director
  23. 2010-12-16
    ➕
    WEST, Jean Frances appointed
    director
  24. 2010-12-16
    ➖
    MACLAY MURRAY & SPENS LLP resigned
    corporate-secretary
  25. 2010-12-16
    ➕
    CARSON, John Seton Burrell appointed
    director
  26. 2010-12-16
    ➖
    VINDEX LIMITED resigned
    corporate-director
  27. 2010-12-16
    ➖
    VINDEX SERVICES LIMITED resigned
    corporate-director
  28. 2010-10-06
    ➖
    TRUESDALE, Christine resigned
    director
  29. 2010-09-15
    🏢
    Company incorporated
    As LANTHORNE CONSTRUCTION LIMITED
  30. 2010-09-15
    ➕
    MACLAY MURRAY & SPENS LLP appointed
    corporate-secretary
  31. 2010-09-15
    ➕
    TRUESDALE, Christine appointed
    director
  32. 2010-09-15
    ➕
    VINDEX LIMITED appointed
    corporate-director
  33. 2010-09-15
    ➕
    VINDEX SERVICES LIMITED appointed
    corporate-director

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

73/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 73 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 15 years.
  • 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.)

Group structure

Camphill Blair Drummond Trust Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Camphill Blair Drummond Trust Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
LANTHORNE CONSTRUCTION LIMITED
This company · SC385426

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Camphill Blair Drummond Trust Ltd
Corporate entity
75–100%
—75-100% shares15/09/2016

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

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
Incorporated2010-09-15
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Blair Drummond House
Stirling
FK9 4UT

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15

Officers (4 active · 5 resigned)

GLASS, Jason David→
director · ~57y · appointed 2010-12-16
View their other companies + combined net worth →
Active
MCLEAN, Evan Andrew→
director · ~64y · appointed 2025-03-06
View their other companies + combined net worth →
Active
WELSH, Ron→
director · ~64y · appointed 2025-03-06
View their other companies + combined net worth →
Active
WEST, Jean Frances→
director · ~73y · appointed 2010-12-16
View their other companies + combined net worth →
Active
MACLAY MURRAY & SPENS LLP→
corporate-secretary · appointed 2010-09-15 · resigned 2010-12-16
Resigned
CARSON, John Seton Burrell→
director · ~74y · appointed 2010-12-16 · resigned 2024-06-25
Resigned
TRUESDALE, Christine→
director · ~66y · appointed 2010-09-15 · resigned 2010-10-06
Resigned
VINDEX LIMITED→
corporate-director · appointed 2010-09-15 · resigned 2010-12-16
Resigned
VINDEX SERVICES LIMITED→
corporate-director · appointed 2010-09-15 · resigned 2010-12-16
Resigned

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

Recent filings (54 total)

legacy
other · GUARANTEE2
2025-10-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
appoint-person-director-company-with-name-date
officers · AP01
2025-03-11
appoint-person-director-company-with-name-date
officers · AP01
2025-03-11
legacy
other · GUARANTEE2
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-26
termination-director-company-with-name-termination-date
officers · TM01
2024-07-03
legacy
other · GUARANTEE2
2023-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-20
legacy
other · GUARANTEE2
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-16