ARDNADAM HOMES LTD

💤Zombieactive
SC585753 · ltd · incorporated 2018-01-15
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

3 live charges · oldest 7.2y

45/100
under pressure

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

  • · Oldest live charge is 7.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (83/100)

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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
27 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
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
—
-£95k-£95k-£95k-£95k-£95k-£95kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Total assets—£-95.3k
Net assets—£-95.3k
Average employees1—

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
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-02-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-10-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-10-15
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  9. 2019-08-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2019-08-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-06-03
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  12. 2019-03-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  13. 2019-03-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2019-03-20
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  15. 2019-03-20
    🔒
    Charge registered #3
    Lender: Grosvenor Funding Limited
  16. 2019-03-20
    🔒
    Charge registered #2
    Lender: Grosvenor Funding Limited
  17. 2019-03-20
    🔒
    Charge registered #1
    Lender: Grosvenor Funding Limited
  18. 2018-12-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2018-12-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2018-12-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2018-11-28
    ➕
    MCARTHUR, Archibald Norman appointed
    director
  22. 2018-11-28
    ➖
    EDGAR, Maureen resigned
    director
  23. 2018-01-15
    🏢
    Company incorporated
    As ARDNADAM HOMES LTD
  24. 2018-01-15
    ➕
    EDGAR, Maureen appointed
    director

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Archibald Norman Mcarthur
Individual · British · DOB 03/1954 · age 72
75–100%
75–100%board control75-100% shares · 75-100% voting · board control28/11/2018
1 historic (ceased) PSC
  • Mrs Maureen Edgarceased 28/11/2018· 75-100% shares · 75-100% voting · board control

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 →

Similar companies

Active · Construction · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GEORGE LESLIE LIMITED→
SC251886 · est 2003
£42.07M
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——4300022y8759y
MACKENZIE CONSTRUCTION LIMITED→
SC073177 · est 1980
£19.04M
£13.60M–£24.48M
——29245y8761y
SLM MACKENZIE LIMITED→
SC243618 · est 2003
£19.02M
£13.59M–£24.46M
——29223y8663y
LUDDON CONSTRUCTION LIMITED→
SC057943 · est 1975
£11.36M
£8.11M–£14.61M
——54050y8760y
CURTIS MOORE (CLADDING SYSTEMS) LIMITED→
SC206369 · est 2000
£6.45M
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——370026y8565y
A.B. 2000 LTD.→
SC155832 · est 1995
£6.43M
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——1060031y8446y
FRONT LINE CONSTRUCTION LIMITED→
SC068593 · est 1979
£3.67M
£2.62M–£4.72M
——10646y8356y
VEITCHI INTERIORS LIMITED→
SC042401 · est 1965
£3.00M
£2.15M–£3.86M
——5360y8761y
WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→
SC101441 · est 1986
£968.2k
£691.5k–£1.24M
——6639y8570y
INSITE CONTRACTS LIMITED→
SC162464 · est 1996
£682.9k
£487.8k–£878.0k
——4730y8560y
TARPAVE LIMITED→
SC240089 · est 2002
£32.6k
£23.3k–£41.9k
£2.30M—110023y8465y
A H F CONSTRUCTION MANAGEMENT LTD.→
SC352436 · est 2008
——£2.19M—17y8358y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2018-01-15
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

6th Floor, Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-28
Last: 2026-01-14

Officers (1 active · 1 resigned)

MCARTHUR, Archibald Norman→
director · ~72y · appointed 2018-11-28
View their other companies + combined net worth →
Active
EDGAR, Maureen→
director · ~60y · appointed 2018-01-15 · resigned 2018-11-28
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Grosvenor Funding
Grosvenor Funding Limited
A registered charge1 property20/03/2019—
outstanding
Grosvenor Funding
Grosvenor Funding Limited
A registered charge—20/03/2019—
outstanding
Grosvenor Funding
Grosvenor Funding Limited
A registered charge1 property20/03/2019—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (27 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-16
confirmation-statement-with-updates
confirmation-statement · CS01
2020-01-14
accounts-with-accounts-type-dormant
accounts · AA
2019-10-15
change-account-reference-date-company-previous-shortened
accounts · AA01
2019-10-15