AGRON-LED LTD

💤Zombieactive
SC478524 · ltd · incorporated 2014-05-27
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 May 2025
Net worth
book net assets
Opportunity
67/100
Strong
🔔
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What this business does
Primary activity: SIC 33200
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 67/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 11.7y

45/100
under pressure

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

  • · Oldest live charge is 11.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31

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

🔒Filing-note intelligence

2 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
2
filings
  • 1 gazette
  • 1 accounts
Last 180 days
4
filings
  • 2 gazette
  • 1 accounts
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-02-25
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2026-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2026-01-21
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-12-23
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-10-15
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  6. 2025-01-28
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2025-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-01-17
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  9. 2024-12-24
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  10. 2024-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-09-21
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2021-09-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2021-09-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2021-09-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2021-09-09
    DONALD, Rebecca resigned
    director
  18. 2021-09-08
    DONALD, Rebecca appointed
    secretary
  19. 2021-09-08
    GERLINGS, Jan Alexander resigned
    secretary
  20. 2021-03-31
    FRY, Tallulah Alice Lancashire resigned
    director
  21. 2021-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-11-10
    📄
    capital-allotment-shares
    capital · SH01
  23. 2020-04-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2019-12-31
    GORDON, Danielle resigned
    director
  25. 2018-08-01
    GORDON, Danielle appointed
    director
  26. 2017-09-14
    STEWART, Marcus Robert resigned
    director
  27. 2015-05-31
    STEWART, Marcus Robert appointed
    director
  28. 2014-07-23
    🔒
    Charge registered #1
    Lender: National Westminster Bank PLC
  29. 2014-06-02
    DONALD, Rebecca appointed
    director
  30. 2014-05-27
    🏢
    Company incorporated
    As AGRON-LED LTD
  31. 2014-05-27
    GERLINGS, Jan Alexander appointed
    director
  32. 2014-05-27
    GERLINGS, Jan Alexander appointed
    secretary
  33. 2014-05-27
    FRY, Tallulah Alice Lancashire appointed
    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

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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: 2025-10-16

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Jan Alexander Girlings
Individual · British · DOB 05/1973 · age 53
2550%
25-50% shares06/04/2016

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

8 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
Incorporated2014-05-27
Jurisdictionscotland
Primary SIC33200 — SIC 33200

Registered office

Unit 1 Prora Steading
Drem
North Berwick
East Lothian
EH39 5LN

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2025-10-16OVERDUE
Last: 2024-10-02

Officers (2 active · 5 resigned)

DONALD, Rebecca
secretary · appointed 2021-09-08
View their other companies + combined net worth →
Active
GERLINGS, Jan Alexander
director · ~53y · appointed 2014-05-27
View their other companies + combined net worth →
Active
GERLINGS, Jan Alexander
secretary · appointed 2014-05-27 · resigned 2021-09-08
Resigned
DONALD, Rebecca
director · ~72y · appointed 2014-06-02 · resigned 2021-09-09
Resigned
FRY, Tallulah Alice Lancashire
director · ~45y · appointed 2014-05-27 · resigned 2021-03-31
Resigned
GORDON, Danielle
director · ~39y · appointed 2018-08-01 · resigned 2019-12-31
Resigned
STEWART, Marcus Robert
director · ~52y · appointed 2015-05-31 · resigned 2017-09-14
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
National Westminster Bank
National Westminster Bank PLC
A registered charge23/07/2014
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (52 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-24
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-01-21
gazette-notice-compulsory
gazette · GAZ1
2025-12-23
change-person-secretary-company-with-change-date
officers · CH03
2025-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-24
gazette-filings-brought-up-to-date
gazette · DISS40
2025-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-26
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-01-17
gazette-notice-compulsory
gazette · GAZ1
2024-12-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28