A.G.S. (STEEL ERECTORS) HOLDINGS LIMITED

🌱Startupactive
SC826727 · ltd · incorporated 2024-10-23
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: Activities of construction holding companies
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 65/100. Strong seller-intent signal (60/100, director aged 67). 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 (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 1.5y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Newest facility, 1.5 years old — likely still in initial term.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (56/100)

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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
9 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2025-07-14
    📄
    capital-allotment-shares
    capital · SH01
  2. 2024-11-02
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  3. 2024-11-02
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  4. 2024-10-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-10-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-10-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-10-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2024-10-29
    🔒
    Charge registered #2
    Lender: Deborah O'hara
  9. 2024-10-29
    🔒
    Charge registered #1
    Lender: Gerard O'hara
  10. 2024-10-23
    🏢
    Company incorporated
    As A.G.S. (STEEL ERECTORS) HOLDINGS LIMITED
  11. 2024-10-23
    CUNNINGHAM, Allan appointed
    director
  12. 2024-10-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Young company: Only 1.5 years old — management layer unlikely to be developed.

Succession & seller-readiness

65/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Allan Cunningham
Individual · British · DOB 08/1959 · age 67
5075%
50–75%board control50-75% shares · 50-75% voting · board control23/10/2024
Mrs Anne Cunningham
Individual · British · DOB 12/1965 · age 61
2550%
25–50%25-50% shares · 25-50% voting29/10/2024

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.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2024-10-23
Jurisdictionscotland
Primary SIC64203 — Activities of construction holding companies

Registered office

Unit E6
North Caldeen Road
Coatbridge
Lanarkshire
ML5 4EF
Scotland

Filing status

Accounts
Next due: 2026-07-23
Last made up to:
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22

Officers (1 active · 0 resigned)

CUNNINGHAM, Allan
director · ~67y · appointed 2024-10-23
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
2
Outstanding
2
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Deborah O'hara
A registered charge29/10/2024
outstanding
Gerard O'hara
A registered charge29/10/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (9 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-23
capital-allotment-shares
capital · SH01
2025-07-14
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-11-02
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-11-02
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-30
incorporation-company
incorporation · NEWINC
2024-10-23