CARDEN INVESTMENTS LIMITED

💤Zombieactive
SC588423 · ltd · incorporated 2018-02-12
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 Feb 2026
Net worth
£5.93M
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 8.1y

45/100
under pressure

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

  • · Oldest live charge is 8.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (81/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £5,932,015
Cash YoY
+21%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4.1m
↑ 21% YoY
Net Worth
£5.9m
↑ 11% YoY
Current Assets
£4.6m
↑ 14% YoY
Current Liabilities
£0£1.2m£2.4m£3.6m£4.7m£5.9mFeb 2025Feb 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2026-02-282025-02-28
Total assets£5.93M£5.33M
Current assets£4.56M£4.01M
Cash£4.09M£3.39M
Debtors£473.0k£625.4k
Net assets£5.93M£5.33M

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
1
filing
  • 1 accounts
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 (18 events)Click to expand
  1. 2026-04-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-04-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-04-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-01-07
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2021-01-07
    🔓
    Charge satisfied #1
  9. 2020-04-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-05-09
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  12. 2018-04-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2018-03-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2018-03-05
    🔒
    Charge registered #1
    Lender: Polson Properties Limited
  15. 2018-02-12
    🏢
    Company incorporated
    As CARDEN INVESTMENTS LIMITED
  16. 2018-02-12
    INFINITY SECRETARIES LIMITED appointed
    corporate-secretary
  17. 2018-02-12
    COWIE, Tracy appointed
    director
  18. 2018-02-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
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.
  • +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

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
Mrs Tracy Cowie
Individual · British · DOB 09/1977 · age 49
75100%
75-100% shares12/02/2018

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
Incorporated2018-02-12
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

5 Carden Place
Aberdeen
AB10 1UT
Scotland

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11

Officers (2 active · 0 resigned)

INFINITY SECRETARIES LIMITED
corporate-secretary · appointed 2018-02-12
View their other companies + combined net worth →
Active
COWIE, Tracy
director · ~49y · appointed 2018-02-12
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Polson Properties
Polson Properties Limited
A registered charge2 properties05/03/201807/01/2021

Recent filings (21 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-11
mortgage-satisfy-charge-full
mortgage · MR04
2021-01-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-11