ACRE ROAD (GLASGOW) DEVELOPMENTS LTD

💤Zombieactive
SC710174 · ltd · incorporated 2021-09-22
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 Mar 2025
Net worth
£-300.4k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

2 live charges · oldest 1.5y

10/100
under pressure

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

  • · Newest facility, 1.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
55
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
Negative net assets
Liabilities exceed assets by £300,410
Cash YoY
+247%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£211k
↑ 247% YoY
Net Worth
-£300k
↓ 14267% YoY
Current Assets
£8.8m
↑ 1537% YoY
Current Liabilities
-£300k£1.5m£3.3m£5.2m£7.0m£8.8mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£8.76M£533.9k
Current assets£8.79M£537.0k
Cash£211.4k£60.9k
Debtors£4.12M£6.9k
Net assets£-300.4k£-2.1k

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 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-01-06
    ROBINSON, Jaclyn resigned
    director
  4. 2024-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-10-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2024-10-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-10-25
    🔒
    Charge registered #2
    Lender: Lendnvest Security Trustees Limited
  8. 2024-10-17
    🔒
    Charge registered #1
    Lender: Lendnvest Security Trustees Limited
  9. 2024-08-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  10. 2024-08-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  11. 2023-08-30
    📄
    capital-allotment-shares
    capital · SH01
  12. 2023-08-29
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2023-08-24
    📄
    capital-allotment-shares
    capital · SH01
  14. 2023-08-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-08-22
    ROBINSON, Jaclyn appointed
    director
  16. 2023-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-12-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2022-10-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  19. 2021-09-22
    🏢
    Company incorporated
    As ACRE ROAD (GLASGOW) DEVELOPMENTS LTD
  20. 2021-09-22
    MCFADDEN, Paul Patrick appointed
    director
  21. 2021-09-22
    📄
    incorporation-company
    incorporation · NEWINC

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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
George Ritchie & Son Holdings Limited
Corporate parent · holds 25-50% shares · board control
significant stake
🏛️
Pmw Capital Invest Limited
Corporate parent · holds 25-50% shares · board control
significant stake
ACRE ROAD (GLASGOW) DEVELOPMENTS LTD
This company · SC710174

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
George Ritchie & Son Holdings Limited
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control05/08/2024
Pmw Capital Invest Limited
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/09/2021

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

9 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
Incorporated2021-09-22
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Ground Floor 7 Cambuslang Way
Cambuslang Investment Park
Glasgow
G32 8ND
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-21
Last: 2026-01-07

Officers (1 active · 1 resigned)

MCFADDEN, Paul Patrick
director · ~41y · appointed 2021-09-22
View their other companies + combined net worth →
Active
ROBINSON, Jaclyn
director · ~37y · appointed 2023-08-22 · resigned 2025-01-06
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lendnvest Security Trustees
Lendnvest Security Trustees Limited
A registered charge1 property25/10/2024
outstanding
Lendnvest Security Trustees
Lendnvest Security Trustees Limited
A registered charge17/10/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-09
termination-director-company-with-name-termination-date
officers · TM01
2025-04-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-28
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-08-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-08-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-04
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-03
capital-allotment-shares
capital · SH01
2023-08-30
resolution
resolution · RESOLUTIONS
2023-08-29
capital-allotment-shares
capital · SH01
2023-08-24