ARMOURSTRONG LIMITED
🌱Startupactive
SC811514 · ltd · incorporated 2024-05-23
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
—
book net assets
Opportunity
68/100
Strong
What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
ALSO REGISTERED FOR
- 68100Buying and selling of own real estate
- 68209Other letting and operating of own or leased real estate
- 68320Management of real estate on a fee or contract basis
Investor take
PursueActive trading company. Reasonable fundamentals — worth a memo before deciding.
Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (69/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 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
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
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
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-05-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
6
filings
- • 3 persons-with-significant-control
- • 2 officers
- • 1 accounts
Last 180 days
6
filings
- • 3 persons-with-significant-control
- • 2 officers
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2026-02-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2026-02-17📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2026-02-17📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-02-17📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2026-02-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-01➕FORMUONE LIMITED appointedcorporate-director
- 2026-02-01➖SECRESERVE LIMITED resignedcorporate-director
- 2025-10-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-18📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-10-01➕ALI, Mohammed appointeddirector
- 2025-09-30➖CHONG, Yee Wai resigneddirector
- 2025-08-12📄gazette-notice-compulsorygazette · GAZ1
- 2025-01-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-08➖CHIONG, Eric resigneddirector
- 2025-01-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-01-04📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2025-01-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-12-31➕SECRESERVE LIMITED appointedcorporate-director
- 2024-09-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-01➕CHIONG, Eric appointeddirector
- 2024-05-23🏢Company incorporatedAs ARMOURSTRONG LIMITED
- 2024-05-23➕CHONG, Yee Wai appointeddirector
- 2024-05-23📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
High — earn-out structure requiredMaterial 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.
- +Founder name in company name: Company name contains director surname "LIMITED" — strong identity link between founder and business.
- +Young company: Only 1.9 years old — management layer unlikely to be developed.
Succession & seller-readiness
36/100
Weak signalLimited 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 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: CHONG, Yee Wai resigned 2025-09-30; SECRESERVE LIMITED resigned 2026-02-01
Group structure
Formuone Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️
Formuone Limited
Corporate parent
⬇
ARMOURSTRONG LIMITED
This company · SC811514
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Formuone Limited Corporate entity | — | — | sig. influencesignificant influence · firm interest | 01/02/2026 |
2 historic (ceased) PSCs
- Secreserve Limitedceased 01/02/2026· 75-100% shares · firm interest
- Mr Yee Wai Chongceased 01/02/2026· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| CARPE DIEM CREATIONS LTD→ SC884443 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| CB BAR BANFF LTD→ SC855587 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHARMFIELD VINTAGE EVENTS LIMITED→ SC608200 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CHEUNG'S CHOPSTICKS LTD→ SC848066 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CHINESE DRAGON ABERDEEN LIMITED→ SC747743 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| CHINESE DRAGON PORTKNOCKIE LTD→ SC810558 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CJ FOOD & LEISURE GROUP LIMITED→ SC788330 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| CLARK CAKES LIMITED→ SC845438 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CLCJ LTD→ SC692488 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| COASTAL PIZZA LIMITED→ SC700980 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| COBBLEHOUSE COUNTRY CABINS LTD→ SC558659 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| COCK & BULL COUNTRY INNS LIMITED→ SC169863 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
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
Incorporated2024-05-23
Jurisdictionscotland
Primary SIC56302 — Public houses and bars
Registered office
44 Bridge Street
Aberdeen
AB11 6JN
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-05
Last: 2025-05-22
Officers (2 active · 3 resigned)
ALI, Mohammed→
Activedirector · ~37y · appointed 2025-10-01
View their other companies + combined net worth →
FORMUONE LIMITED→
Activecorporate-director · appointed 2026-02-01
View their other companies + combined net worth →
CHIONG, Eric→
Resigneddirector · ~64y · appointed 2024-09-01 · resigned 2025-01-08
CHONG, Yee Wai→
Resigneddirector · ~58y · appointed 2024-05-23 · resigned 2025-09-30
SECRESERVE LIMITED→
Resignedcorporate-director · appointed 2024-12-31 · resigned 2026-02-01
Click a director name to see their full track record across all companies.
Recent filings (17 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-02-17
appoint-corporate-director-company-with-name-date
officers · AP02
2026-02-17
termination-director-company-with-name-termination-date
officers · TM01
2026-02-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-10
appoint-person-director-company-with-name-date
officers · AP01
2025-10-22
termination-director-company-with-name-termination-date
officers · TM01
2025-10-22
gazette-filings-brought-up-to-date
gazette · DISS40
2025-10-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-16
gazette-notice-compulsory
gazette · GAZ1
2025-08-12
termination-director-company-with-name-termination-date
officers · TM01
2025-01-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-01-06
appoint-corporate-director-company-with-name-date
officers · AP02
2025-01-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-04