ARGUS GROUP HOLDINGS LTD

💤Zombieactive
SC656019 · ltd · incorporated 2020-02-28
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 Oct 2024
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (strong), bankability 75/100. 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).

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
Confirmed no charges registered
85
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
82
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

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

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-06-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-05-20
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-07-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2024-04-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-05-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2023-05-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-05-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2023-05-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2022-07-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-07-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-07-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-07-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2022-07-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2022-01-14
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  15. 2022-01-14
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  16. 2021-11-01
    MCVICAR, Dean Kerr appointed
    director
  17. 2021-10-31
    WOOD, David Clunas resigned
    director
  18. 2021-10-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2020-10-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2020-10-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2020-03-26
    WOOD, David Clunas appointed
    director
  22. 2020-02-28
    🏢
    Company incorporated
    As ARGUS GROUP HOLDINGS LTD
  23. 2020-02-28
    COSEC LIMITED appointed
    corporate-secretary
  24. 2020-02-28
    COSEC LIMITED resigned
    corporate-secretary
  25. 2020-02-28
    MCMEEKIN, James Stuart appointed
    director
  26. 2020-02-28
    MCMEEKIN, James Stuart resigned
    director
  27. 2020-02-28
    COSEC LIMITED appointed
    corporate-director
  28. 2020-02-28
    COSEC LIMITED resigned
    corporate-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Dean Kerr Mcvicar
Individual · British · DOB 11/1987 · age 39
75100%
75-100% shares01/11/2021
2 historic (ceased) PSCs
  • Mr David Clunas Woodceased 31/10/2021· significant influence
  • Codir Limitedceased 22/03/2020· 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 →

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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
Incorporated2020-02-28
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

C/O Horizon Ca
5 La Belle Place
Glasgow
G3 7LH
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-12-26
Last: 2025-12-12

Officers (1 active · 4 resigned)

MCVICAR, Dean Kerr
director · ~39y · appointed 2021-11-01
View their other companies + combined net worth →
Active
COSEC LIMITED
corporate-secretary · appointed 2020-02-28 · resigned 2020-02-28
Resigned
MCMEEKIN, James Stuart
director · ~59y · appointed 2020-02-28 · resigned 2020-02-28
Resigned
WOOD, David Clunas
director · ~79y · appointed 2020-03-26 · resigned 2021-10-31
Resigned
COSEC LIMITED
corporate-director · appointed 2020-02-28 · resigned 2020-02-28
Resigned

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

Recent filings (35 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-17
accounts-with-accounts-type-dormant
accounts · AA
2025-06-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-12
accounts-with-accounts-type-dormant
accounts · AA
2024-07-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
change-person-director-company-with-change-date
officers · CH01
2023-05-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-05-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-23
accounts-with-accounts-type-dormant
accounts · AA
2023-05-12
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-12
accounts-with-accounts-type-dormant
accounts · AA
2022-07-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-03
appoint-person-director-company-with-name-date
officers · AP01
2022-07-03