GTS PLUMBING & HEATING LIMITED

🌳Matureactive
04154617 · ltd · incorporated 2001-02-06
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£117.6k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: high (81/100)

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

Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
79 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £117,578

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£118k
↑ 21% YoY
Current Assets
£149k
↑ 2.6% YoY
Current Liabilities
£0£30k£60k£89k£119k£149kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£119.5k£101.6k
Current assets£149.1k£145.4k
Net assets£117.6k£97.3k

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
0
filings
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-15
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2023-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-09-19
    WHITTINGHAM, Barry John resigned
    secretary
  6. 2023-02-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-02-14
    📄
    capital-allotment-shares
    capital · SH01
  8. 2022-12-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-11-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-11-14
    HOBBS, Stephen John resigned
    director
  11. 2022-05-04
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2022-05-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2021-12-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2021-08-09
    WHITTINGHAM, Jack Dymitri resigned
    director
  16. 2021-04-08
    📄
    capital-allotment-shares
    capital · SH01
  17. 2021-04-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-04-01
    WHITTINGHAM, Jack Dymitri appointed
    director
  19. 2021-02-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2019-11-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2018-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  22. 2001-03-28
    WHITTINGHAM, Glen John appointed
    director
  23. 2001-03-28
    WHITTINGHAM, Terry Lee appointed
    director
  24. 2001-03-28
    WHITTINGHAM, Barry John appointed
    secretary
  25. 2001-03-28
    ABC COMPANY SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  26. 2001-03-28
    HOBBS, Stephen John appointed
    director
  27. 2001-03-28
    PROFESSIONAL FORMATIONS LIMITED resigned
    corporate-nominee-director
  28. 2001-02-06
    🏢
    Company incorporated
    As GTS PLUMBING & HEATING LIMITED
  29. 2001-02-06
    ABC COMPANY SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  30. 2001-02-06
    PROFESSIONAL FORMATIONS LIMITED appointed
    corporate-nominee-director

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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 Glen John Whittingham
Individual · British · DOB 10/1968 · age 58
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Terry Lee Whittingham
Individual · British · DOB 05/1971 · age 55
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Stephen John Hobbsceased 14/11/2022· 25-50% shares · 25-50% voting · board control

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

6 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
Incorporated2001-02-06
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

17 Duckmoor Road
Ashton
Bristol
BS3 2DD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06

Officers (2 active · 5 resigned)

WHITTINGHAM, Glen John
director · ~58y · appointed 2001-03-28
View their other companies + combined net worth →
Active
WHITTINGHAM, Terry Lee
director · ~55y · appointed 2001-03-28
View their other companies + combined net worth →
Active
WHITTINGHAM, Barry John
secretary · appointed 2001-03-28 · resigned 2023-09-19
Resigned
ABC COMPANY SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2001-02-06 · resigned 2001-03-28
Resigned
HOBBS, Stephen John
director · ~56y · appointed 2001-03-28 · resigned 2022-11-14
Resigned
WHITTINGHAM, Jack Dymitri
director · ~27y · appointed 2021-04-01 · resigned 2021-08-09
Resigned
PROFESSIONAL FORMATIONS LIMITED
corporate-nominee-director · appointed 2001-02-06 · resigned 2001-03-28
Resigned

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

Recent filings (79 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-01
termination-secretary-company-with-name-termination-date
officers · TM02
2024-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-14
capital-allotment-shares
capital · SH01
2023-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-14
termination-director-company-with-name-termination-date
officers · TM01
2022-11-25
gazette-filings-brought-up-to-date
gazette · DISS40
2022-05-04
gazette-notice-compulsory
gazette · GAZ1
2022-05-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-28