ASG COMMERCIAL LIMITED

🏛️Establishedactive
SC680776 · ltd · incorporated 2020-11-12
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 4.6y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Real estate agencies
Sector: Real estate
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 79/100 (strong), bankability 85/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 4.6y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~4.6 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Average employees6

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
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-04
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2025-06-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2025-05-30
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2024-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-05-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-05-29
    🔓
    Charge satisfied #2
  8. 2023-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-03-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2023-03-17
    🔓
    Charge satisfied #1
  11. 2022-10-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-07-19
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2022-05-13
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  14. 2022-05-13
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2022-02-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2022-02-13
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2022-02-11
    CALLANDER, Mhairi Anne appointed
    director
  18. 2021-10-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2021-10-06
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 2021-09-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2021-09-24
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 2020-11-12
    🏢
    Company incorporated
    As ASG COMMERCIAL LIMITED
  23. 2020-11-12
    CALLANDER, Leslie Robert appointed
    director
  24. 2020-11-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
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.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.

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 Leslie Robert Callander
Individual · British · DOB 03/1964 · age 62
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/11/2020

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

6 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
Incorporated2020-11-12
Jurisdictionscotland
Primary SIC68310 — Real estate agencies

Registered office

1 Cromwell Road
Inverness
IV1 1SX
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (2 active · 0 resigned)

CALLANDER, Leslie Robert
director · ~62y · appointed 2020-11-12
View their other companies + combined net worth →
Active
CALLANDER, Mhairi Anne
director · ~53y · appointed 2022-02-11
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property06/10/202129/05/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge24/09/202117/03/2023

Recent filings (22 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-14
change-account-reference-date-company-previous-extended
accounts · AA01
2025-09-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-05
change-account-reference-date-company-previous-extended
accounts · AA01
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-28
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-29
mortgage-satisfy-charge-full
mortgage · MR04
2023-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-10
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-06
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-07-19
certificate-change-of-name-company
change-of-name · CERTNM
2022-05-13