SGZ CONONISH LIMITED

🏛️Establishedactive
SC569264 · ltd · incorporated 2017-06-21
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2024
Net worth
book net assets
Opportunity
70/100
Strong
🔔
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What this business does
Primary activity: SIC 07290
Sector: Mining & quarrying
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 70/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 7.9y

60/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 7.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 23/100 — clean.
  • · Not currently profitable — coverage conversation is a harder sell.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 8 with DOB)
88
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
42 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Loss-making
Loss before tax £5,431,742

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-06-302023-06-30
Profit before tax£-5.43M£-17.52M
Average employees36009600

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

🔒Filing-note intelligence

4 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
1
filing
  • 1 officers
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
  1. 2026-03-03
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  2. 2026-02-22
    STRONACHS SECRETARIES LIMITED appointed
    corporate-secretary
  3. 2025-10-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2025-09-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2025-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2025-09-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-09-02
    🔓
    Charge satisfied #1
  8. 2025-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2025-03-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2025-03-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2025-03-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-03-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-03-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2025-03-11
    📄
    capital-alter-shares-subdivision
    capital · SH02
  15. 2025-03-06
    BROWNE, Sean Christopher appointed
    director
  16. 2025-03-06
    POTGIETER, Karel Frederik Gottlieb appointed
    director
  17. 2025-03-06
    SMITH, Paul Richard resigned
    director
  18. 2025-03-05
    📄
    capital-allotment-shares
    capital · SH01
  19. 2025-03-05
    📄
    capital-allotment-shares
    capital · SH01
  20. 2025-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2025-02-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  22. 2025-02-21
    🔓
    Charge satisfied #3
  23. 2025-02-21
    🔓
    Charge satisfied #2
  24. 2024-11-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2024-11-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2024-11-12
    SMITH, Paul Richard appointed
    director
  27. 2024-09-23
    HABIB, Adam Salim resigned
    director
  28. 2024-01-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  29. 2024-01-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2024-01-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2023-12-14
    DUFFY, Sean Joseph resigned
    director
  32. 2023-12-14
    HABIB, Adam Salim appointed
    director
  33. 2023-11-08
    LE ROUX, Nathaniel Bernard resigned
    director
  34. 2023-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  35. 2023-06-09
    DAY, Phillip Edward resigned
    director
  36. 2023-04-05
    🔒
    Charge registered #3
    Lender: Mri Trading Ag
  37. 2023-04-05
    🔒
    Charge registered #2
    Lender: Mri Trading Ag
  38. 2022-07-07
    DUFFY, Sean Joseph appointed
    director
  39. 2022-03-16
    GRAY, Richard Quentin resigned
    director
  40. 2021-04-01
    DAY, Phillip Edward appointed
    director
  41. 2018-05-17
    🔒
    Charge registered #1
    Lender: Bridge Barn LTD
  42. 2017-06-21
    🏢
    Company incorporated
    As SGZ CONONISH LIMITED
  43. 2017-06-21
    GRAY, Richard Quentin appointed
    director
  44. 2017-06-21
    LE ROUX, Nathaniel Bernard appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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.

Group structure

Acrux Gold Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Acrux Gold Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SGZ CONONISH LIMITED
This company · SC569264

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
Acrux Gold Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/03/2025
1 historic (ceased) PSC
  • Mr Nathaniel Bernard Le Rouxceased 06/03/2025· 25-50% shares · 25-50% voting

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
Incorporated2017-06-21
Jurisdictionscotland
Primary SIC07290 — SIC 07290

Registered office

28 Albyn Place
Aberdeen
AB10 1YL
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-07-04
Last: 2025-06-20

Officers (3 active · 6 resigned)

STRONACHS SECRETARIES LIMITED
corporate-secretary · appointed 2026-02-22
View their other companies + combined net worth →
Active
BROWNE, Sean Christopher
director · ~50y · appointed 2025-03-06
View their other companies + combined net worth →
Active
POTGIETER, Karel Frederik Gottlieb
director · ~43y · appointed 2025-03-06
View their other companies + combined net worth →
Active
DAY, Phillip Edward
director · ~52y · appointed 2021-04-01 · resigned 2023-06-09
Resigned
DUFFY, Sean Joseph
director · ~57y · appointed 2022-07-07 · resigned 2023-12-14
Resigned
GRAY, Richard Quentin
director · ~68y · appointed 2017-06-21 · resigned 2022-03-16
Resigned
HABIB, Adam Salim
director · ~57y · appointed 2023-12-14 · resigned 2024-09-23
Resigned
LE ROUX, Nathaniel Bernard
director · ~69y · appointed 2017-06-21 · resigned 2023-11-08
Resigned
SMITH, Paul Richard
director · ~54y · appointed 2024-11-12 · resigned 2025-03-06
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Mri Trading Ag
A registered charge05/04/202321/02/2025
satisfied
Mri Trading Ag
A registered charge05/04/202321/02/2025
satisfied
Bridge Barn
Bridge Barn LTD
A registered charge17/05/201802/09/2025

Recent filings (42 total)

appoint-corporate-secretary-company-with-name-date
officers · AP04
2026-03-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-10-24
accounts-with-accounts-type-full
accounts · AA
2025-09-30
accounts-with-accounts-type-full
accounts · AA
2025-09-29
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-02
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-29
appoint-person-director-company-with-name-date
officers · AP01
2025-03-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-13
termination-director-company-with-name-termination-date
officers · TM01
2025-03-13
appoint-person-director-company-with-name-date
officers · AP01
2025-03-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-12
capital-alter-shares-subdivision
capital · SH02
2025-03-11
capital-allotment-shares
capital · SH01
2025-03-05