CARRIDEN HOMES LTD.

💤Zombieactive
SC427429 · ltd · incorporated 2012-07-02
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
  • 68209Other letting and operating of own or leased real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 77/100. 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. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 3 lenders · oldest 11.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 11.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
47 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees00

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 accounts
  • 1 confirmation-statement
Last 90 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2026-03-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-03-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-03-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2023-03-09
    🔓
    Charge satisfied #5
  7. 2022-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-01-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-01-21
    🔓
    Charge satisfied #4
  10. 2020-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-03-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2020-03-10
    🔒
    Charge registered #5
    Lender: Shawbrook Bank Limited
  13. 2020-03-09
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2020-03-09
    🔓
    Charge satisfied #3
  15. 2019-10-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-02-19
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  18. 2017-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-08-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2017-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2017-08-15
    🔓
    Charge satisfied #2
  22. 2017-08-15
    🔓
    Charge satisfied #1
  23. 2017-08-11
    🔒
    Charge registered #4
    Lender: Residential Loans Limited
  24. 2017-08-03
    🔒
    Charge registered #3
    Lender: Residential Loans Limited
  25. 2014-10-27
    🔒
    Charge registered #2
    Lender: Capital Bridging Finance Limited
  26. 2014-10-14
    🔒
    Charge registered #1
    Lender: Capital Bridging Finance Limited
  27. 2012-07-02
    🏢
    Company incorporated
    As CARRIDEN HOMES LTD.
  28. 2012-07-02
    CONNOLLY, Leigh Allan appointed
    director
  29. 2012-07-02
    TRAINER, Peter appointed
    secretary
  30. 2012-07-02
    TRAINER, Peter resigned
    secretary
  31. 2012-07-02
    MCINTOSH, Susan appointed
    director
  32. 2012-07-02
    MCINTOSH, Susan resigned
    director
  33. 2012-07-02
    TRAINER, Peter appointed
    director
  34. 2012-07-02
    TRAINER, Peter resigned
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Leigh Allan Connolly
Individual · British · DOB 08/1981 · age 45
75100%
75-100% shares02/07/2016

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
Incorporated2012-07-02
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

2 Marshall Place
Perth
PH2 8AH
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25

Officers (1 active · 3 resigned)

CONNOLLY, Leigh Allan
director · ~45y · appointed 2012-07-02
View their other companies + combined net worth →
Active
TRAINER, Peter
secretary · appointed 2012-07-02 · resigned 2012-07-02
Resigned
MCINTOSH, Susan
director · ~56y · appointed 2012-07-02 · resigned 2012-07-02
Resigned
TRAINER, Peter
director · ~74y · appointed 2012-07-02 · resigned 2012-07-02
Resigned

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

Mortgages & charges

5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
satisfied
Shawbrook
Shawbrook Bank Limited
A registered charge1 property10/03/202009/03/2023
satisfied
Residential Loans
Residential Loans Limited
A registered charge1 property11/08/201721/01/2021
satisfied
Residential Loans
Residential Loans Limited
A registered charge03/08/201709/03/2020
satisfied
Capital Bridging Finance
Capital Bridging Finance Limited
A registered charge1 property27/10/201415/08/2017
satisfied
Capital Bridging Finance
Capital Bridging Finance Limited
A registered charge14/10/201415/08/2017

Recent filings (47 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-16
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-25
mortgage-satisfy-charge-full
mortgage · MR04
2021-01-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-03-18