HANDYCASHHOMECREDIT LTD
💤Zombieactive
SC591917 · ltd · incorporated 2018-03-20
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 Dec 2025
Net worth
£136.9k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Other credit granting n.e.c.
Sector: Financial & insurance
Investor take
PursueStrong 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: strategic trade sale (65/100).
🏦
Refinance opportunity
1 live charge · oldest 6.6y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
35 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
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 declaredPositive net assets
Net assets £136,917
Cash YoY
+93%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£204k
↑ 93% YoY
Net Worth
£137k
↑ 26% YoY
Current Assets
£1.4m
↑ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total assets | £137.0k | £109.0k |
| Current assets | £1.38M | £1.13M |
| Cash | £204.1k | £105.5k |
| Debtors | £1.18M | £1.03M |
| Net assets | £136.9k | £108.9k |
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 (23 events)Click to expand
- 2026-04-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-04-19🔓Charge satisfied #1
- 2023-06-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-27📄change-person-director-company-with-change-dateofficers · CH01
- 2023-06-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-10-22📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-10-22📄change-person-director-company-with-change-dateofficers · CH01
- 2020-09-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-09-16📄change-person-director-company-with-change-dateofficers · CH01
- 2020-09-16📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-09-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-08-29🔒Charge registered #1Lender: Derek Alexander Drysdale
- 2018-03-20🏢Company incorporatedAs HANDYCASHHOMECREDIT LTD
- 2018-03-20➕MORRIS, Philip appointeddirector
Owner dependency
80/100
Critical — business is the founderThe 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 signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Philip Morris Individual · British · DOB 12/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/03/2018 |
Dionysius Cornelis Johannes Van Loon Individual · Dutch · DOB 07/1976 · age 50 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 20/03/2018 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Financial services · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B & B CAPITAL PARTNERS (SLP GP) LTD→ SC454557 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| DENIS O. BROWN & ASSOCIATES LIMITED→ SC046416 · est 1969 · no financials extracted | — | — | — | — | 57y | — | — |
| HEALGEN UK HOLDING LIMITED→ SC779505 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HURST GRANGE INVESTMENT LIMITED→ SC875757 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| JWHT LTD→ SC866533 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| KELPIE MORTGAGES AND PROTECTION LTD→ SC758050 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| LCSK CAPITAL LTD→ SC870081 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| LGS PROPERTY INVESTMENTS LTD→ SC581581 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LIZRY LTD→ SC868968 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MACFARLANE GRAY FINANCIAL SERVICES LIMITED→ SC197774 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| MCTBC LIMITED→ SC612711 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| MGB FINANCIAL LIMITED→ SC474110 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2018-03-20
Jurisdictionscotland
Primary SIC64929 — Other credit granting n.e.c.
Registered office
3e Wallace House
Maxwell Place
Stirling
FK8 1JU
Scotland
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19
Officers (1 active · 0 resigned)
MORRIS, Philip→
Activedirector · ~50y · appointed 2018-03-20
View their other companies + combined net worth →
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Derek Alexander Drysdale / Jean Anne Drysdale | A registered charge | — | 29/08/2019 | 19/04/2024 |
Recent filings (35 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-25
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-27
change-person-director-company-with-change-date
officers · CH01
2023-06-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-07