ARGYLL & BUTE CENTRE 4 DRAINAGE LTD

🏛️Establishedactive
SC623409 · ltd · incorporated 2019-03-06
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£199.5k
book net assets
Opportunity
64/100
Worth a look
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What this business does
Primary activity: SIC 46740
Sector: Wholesale & retail
Investor take
Special-situation opportunity
Distressed wholesale with salvageable qualities — special-situations priority.

Opportunity 64/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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).

Data confidence

Overall: high (80/100)

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
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
15 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £199,488

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£199k
↑ 25% YoY
Current Assets
£316k
↑ 7.9% YoY
Current Liabilities
£0£63k£126k£189k£253k£316kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£203.9k£160.0k
Current assets£315.8k£292.7k
Net assets£199.5k£160.0k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-11-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-09-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-03-06
    🏢
    Company incorporated
    As ARGYLL & BUTE CENTRE 4 DRAINAGE LTD
  10. 2019-03-06
    MCPHEE, Diane appointed
    director
  11. 2019-03-06
    NEILSON, William Joseph appointed
    director
  12. 2019-03-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-19

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr William Joseph Neilson
Individual · British · DOB 11/1988 · age 38
2550%
25–50%25-50% shares · 25-50% voting06/03/2019
Miss Diane Mcphee
Individual · British · DOB 01/1991 · age 35
2550%
25–50%25-50% shares · 25-50% voting06/03/2019

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
Incorporated2019-03-06
Jurisdictionscotland
Primary SIC46740 — SIC 46740

Registered office

Creran Cottage
Benderloch
Nr Oban
Argyll
PA37 1SD
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-19OVERDUE
Last: 2025-03-05

Officers (2 active · 0 resigned)

MCPHEE, Diane
director · ~35y · appointed 2019-03-06
View their other companies + combined net worth →
Active
NEILSON, William Joseph
director · ~38y · appointed 2019-03-06
View their other companies + combined net worth →
Active

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

Recent filings (15 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-11-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-07
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-17
incorporation-company
incorporation · NEWINC
2019-03-06