THOMAS ARMSTRONG (CONSTRUCTION) LIMITED
🌳Matureactive
00818913 · ltd · incorporated 1964-09-09
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
PursueActive trading company with a 83-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 83). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
13 live charges · 3 lenders · oldest 45.3y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 45.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 63/100 (high).
Data confidence
Overall: medium (61/100)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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
25 officers (8 active, 25 linked, 22 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
152 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (75 events)Click to expand
- 2026-02-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-12-31➖STEELE, Mark Hamilton resigneddirector
- 2025-07-03📄accounts-with-accounts-type-fullaccounts · AA
- 2024-07-08📄accounts-with-accounts-type-fullaccounts · AA
- 2024-01-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-03📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-03📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-01➕TIBBITTS, Jonathan Maxwell appointedsecretary
- 2024-01-01➕COPELAND, Robert Thomas Campbell appointeddirector
- 2023-12-31➖ARMSTRONG, Paul resignedsecretary
- 2023-12-31➖ARMSTRONG, Paul resigneddirector
- 2023-12-31➖TIBBITTS, Jonathan Maxwell resigneddirector
- 2023-12-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-11-03➖HOYLES, Stuart Alexander resigneddirector
- 2023-07-10📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-10-03➕FISHER, Michael Geoffrey appointeddirector
- 2022-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2022-06-23➕HILL, David appointeddirector
- 2022-06-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-05-30➖DENHAM, Barry Raymond resigneddirector
- 2021-07-13📄accounts-with-accounts-type-fullaccounts · AA
- 2020-07-03📄accounts-with-accounts-type-fullaccounts · AA
- 2019-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2017-04-13➕HOYLES, Philip Marcus appointeddirector
- 2015-06-18➕STEELE, Mark Hamilton appointeddirector
- 2010-10-22🔓Charge satisfied #13
- 2010-04-20🔒Charge registered #13Lender: Clydesdale Bank PLC
- 2008-12-29➖SADLER, Gerald resigneddirector
- 2007-06-20➕PARK, Steven appointeddirector
- 2007-06-20➕HOYLES, Stuart Alexander appointeddirector
- 2007-02-13🔓Charge satisfied #11
- 2007-02-13🔓Charge satisfied #10
- 2007-02-13🔓Charge satisfied #9
- 2007-02-13🔓Charge satisfied #6
- 2007-02-13🔓Charge satisfied #4
- 2007-02-13🔓Charge satisfied #3
- 2007-01-31➖TODHUNTER, George William Parker resigneddirector
- 2004-07-16➖HEPWORTH, Richard Ian resigneddirector
- 2003-09-18➕DENHAM, Barry Raymond appointeddirector
- 2003-09-18➕TIBBITTS, Jonathan Maxwell appointeddirector
- 2003-04-28➕ARMSTRONG, Paul appointedsecretary
- 2003-04-28➖DENHAM, Raymond Glover Layton resignedsecretary
- 2003-04-28➖DENHAM, Raymond Glover Layton resigneddirector
- 2002-11-04➖SWINDLEHURST, Michael Thomas resigneddirector
- 2001-09-07🔓Charge satisfied #2
- 2000-06-09➖ROBINSON, Denis resigneddirector
Showing most recent 50 of 75 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -7 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 83 — succession pressure is live.
Succession & seller-readiness
73/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 19 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Keith Denham Individual · British · DOB 03/1943 · age 83 | — | — | sig. influencesignificant influence | 07/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| 20TEN CONTRACTS LTD→ 16785571 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 3B CONSTRUCTION LTD→ 04756850 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A & K HIND LIMITED→ 04760535 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A C CUMBRIA LTD→ 11853704 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| AC CIVILS & GROUNDWORKS LTD→ 16169934 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ACCESS AND INSPECTION SOLUTIONS LTD→ 13575129 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ACTON & FOX LIMITED→ 13508981 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ADLIN ENGINEERING LIMITED→ 08965820 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ADS ELECTRICAL INSTALLATION LTD→ 09056686 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ADVANCED SOLAR SYSTEMS LIMITED→ 07464470 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| ADVANTAGE CONSTRUCTION SERVICES LTD→ 14445158 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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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
Incorporated1964-09-09
Jurisdictionengland-wales
Primary SIC41201 — Construction of commercial buildings
Registered office
Workington Road
Flimby
Maryport
Cumbria
CA15 8RY
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-28
Confirmation statement
Next due: 2027-04-12
Last: 2026-03-29
Officers (8 active · 17 resigned)
TIBBITTS, Jonathan Maxwell→
Activesecretary · appointed 2024-01-01
View their other companies + combined net worth →
Active
COPELAND, Robert Thomas Campbell→
Activedirector · ~52y · appointed 2024-01-01
View their other companies + combined net worth →
Active
FISHER, Michael Geoffrey→
Activedirector · ~51y · appointed 2022-10-03
View their other companies + combined net worth →
Active
HOYLES, Philip Marcus→
Activedirector · ~55y · appointed 2017-04-13
View their other companies + combined net worth →
PARK, Steven→
Activedirector · ~61y · appointed 2007-06-20
View their other companies + combined net worth →
ARMSTRONG, Paul→
Resignedsecretary · appointed 2003-04-28 · resigned 2023-12-31
DENHAM, Raymond Glover Layton→
Resignedsecretary · resigned 2003-04-28
ARMSTRONG, Paul→
Resigneddirector · ~67y · appointed 1996-12-16 · resigned 2023-12-31
BRISCOE, Colin→
Resigneddirector · ~74y · resigned 1992-07-10
DENHAM, Barry Raymond→
Resigneddirector · ~63y · appointed 2003-09-18 · resigned 2022-05-30
DENHAM, Raymond Glover Layton→
Resigneddirector · ~91y · resigned 2003-04-28
HEPWORTH, Richard Ian→
Resigneddirector · ~66y · appointed 1995-10-12 · resigned 2004-07-16
HOYLES, Stuart Alexander→
Resigneddirector · ~52y · appointed 2007-06-20 · resigned 2023-11-03
MCWILLIAMS, Terence Charles→
Resigneddirector · ~79y · appointed 1995-10-12 · resigned 1998-08-03
PATTERSON, Neil→
Resigneddirector · ~74y · resigned 1996-10-07
POPE, Roger Clive→
Resigneddirector · ~74y · resigned 1992-02-28
ROBINSON, Denis→
Resigneddirector · ~87y · resigned 2000-06-09
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
2
Outstanding
2
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank PLC | Debenture | 1 property | 20/04/2010 | 22/10/2010 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 09/10/1992 | 29/03/1995 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 14/05/1991 | 13/02/2007 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 24/04/1991 | 13/02/2007 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 24/04/1991 | 13/02/2007 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 24/04/1991 | 29/03/1995 | |
| outstanding | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/06/1989 | — | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 13/06/1989 | 13/02/2007 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 10/05/1989 | 17/01/1991 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 26/04/1989 | 13/02/2007 | |
| satisfied | Barclays Barclays Bank PLC | Legal charge | 1 property | 22/04/1983 | 13/02/2007 | |
| satisfied | Barclays Barclays Bank PLC | Guarantee & debenture | 1 property | 08/12/1982 | 07/09/2001 | |
| outstanding | Mercantile Credit Company Mercantile Credit Company Limited | Charge | 1 property | 04/02/1981 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (152 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-01
termination-director-company-with-name-termination-date
officers · TM01
2026-02-04
accounts-with-accounts-type-full
accounts · AA
2025-07-03
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-08
accounts-with-accounts-type-full
accounts · AA
2024-07-08
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-11
appoint-person-director-company-with-name-date
officers · AP01
2024-01-03
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-03
termination-director-company-with-name-termination-date
officers · TM01
2024-01-03
termination-director-company-with-name-termination-date
officers · TM01
2024-01-03
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-03
termination-director-company-with-name-termination-date
officers · TM01
2023-12-12
accounts-with-accounts-type-full
accounts · AA
2023-07-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-29
appoint-person-director-company-with-name-date
officers · AP01
2022-10-10