CONDIES HOLDINGS LIMITED

🌱Startupactive
SC811249 · ltd · incorporated 2024-05-22
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 Apr 2025
Net worth
book net assets
Opportunity
65/100
Strong
🔔
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What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pass (distressed without resilience)
Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 65/100 (strong), 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: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: strategic trade sale (63/100).

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
65/100Strong
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
67
Some moderate concerns — review flags.
Signal strength
90
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 · FRS 102
Metric2025-04-30
Average employees0

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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 2 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-02-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-24
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  3. 2024-10-10
    📄
    capital-name-of-class-of-shares
    capital · SH08
  4. 2024-10-03
    📄
    memorandum-articles
    incorporation · MA
  5. 2024-10-03
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-06-13
    📄
    capital-name-of-class-of-shares
    capital · SH08
  7. 2024-06-11
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  8. 2024-06-11
    ⚠️
    legacy
    insolvency · CAP-SS
  9. 2024-06-11
    📄
    legacy
    capital · SH20
  10. 2024-06-11
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-06-10
    📄
    memorandum-articles
    incorporation · MA
  12. 2024-06-10
    📄
    resolution
    resolution · RESOLUTIONS
  13. 2024-06-04
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2024-06-04
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2024-06-03
    📄
    capital-allotment-shares
    capital · SH01
  16. 2024-06-03
    📄
    resolution
    resolution · RESOLUTIONS
  17. 2024-05-31
    📄
    capital-allotment-shares
    capital · SH01
  18. 2024-05-31
    📄
    capital-name-of-class-of-shares
    capital · SH08
  19. 2024-05-31
    📄
    memorandum-articles
    incorporation · MA
  20. 2024-05-22
    🏢
    Company incorporated
    As CONDIES HOLDINGS LIMITED
  21. 2024-05-22
    CONDIE, Jason Ian appointed
    director
  22. 2024-05-22
    HOGG, Pauline Joanne appointed
    director
  23. 2024-05-22
    NELSON, Linda appointed
    director
  24. 2024-05-22
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

70/100
High — earn-out structure required

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

FACTORS
  • +Founder name in company name: Company name contains director surname "CONDIE" — strong identity link between founder and business.
  • +Young company: Only 1.9 years old — management layer unlikely to be developed.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2024-06-11: legacy

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Pauline Joanne Hogg
Individual · British · DOB 06/1971 · age 55
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/05/2024
Mr Jason Ian Condie
Individual · British · DOB 05/1981 · age 45
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/05/2024
Mrs Linda Nelson
Individual · British · DOB 10/1975 · age 51
2550%
25–50%board control25-50% shares · 25-50% voting · board control22/05/2024

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

8 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.

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Company details

Statusactive
Typeltd
Incorporated2024-05-22
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

10 Abbey Park Place
Dunfermline
KY12 7NZ
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21

Officers (3 active · 0 resigned)

CONDIE, Jason Ian
director · ~45y · appointed 2024-05-22
View their other companies + combined net worth →
Active
HOGG, Pauline Joanne
director · ~55y · appointed 2024-05-22
View their other companies + combined net worth →
Active
NELSON, Linda
director · ~51y · appointed 2024-05-22
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-20
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-13
capital-name-of-class-of-shares
capital · SH08
2024-10-10
memorandum-articles
incorporation · MA
2024-10-03
resolution
resolution · RESOLUTIONS
2024-10-03
capital-name-of-class-of-shares
capital · SH08
2024-06-13
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-06-11
legacy
insolvency · CAP-SS
2024-06-11
legacy
capital · SH20
2024-06-11
resolution
resolution · RESOLUTIONS
2024-06-11
memorandum-articles
incorporation · MA
2024-06-10
resolution
resolution · RESOLUTIONS
2024-06-10
resolution
resolution · RESOLUTIONS
2024-06-04
resolution
resolution · RESOLUTIONS
2024-06-04