M. B. HEATING LIMITED
🌳Matureactive
04200625 · ltd · incorporated 2001-04-17
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
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with exceptional profile and acceptable with review structure.
Opportunity 80/100 (exceptional), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 24.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 24.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (60/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
83 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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
- 2025-09-18📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-03➕LUSHER, David Andrew appointeddirector
- 2024-12-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-07-17📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-25📄accounts-with-accounts-type-fullaccounts · AA
- 2023-01-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-01-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-01-01➕GRIFFITHS, Stuart appointeddirector
- 2022-12-22➖SEDDON, Brian John resigneddirector
- 2022-09-07📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-01➖DORSETT, Jonathan Paul resigneddirector
- 2022-09-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-09-01📄accounts-with-accounts-type-fullaccounts · AA
- 2020-12-17📄accounts-with-accounts-type-fullaccounts · AA
- 2019-06-10📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2019-03-22📄accounts-with-accounts-type-fullaccounts · AA
- 2019-01-30➕DORSETT, Jonathan Paul appointeddirector
- 2019-01-30➖SCOTT, Stephen James resigneddirector
- 2019-01-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-01-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-08-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-07-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-07-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-07-26➕SCOTT, Stephen James appointeddirector
- 2018-07-26🔒Charge registered #5Lender: BEYONDNEWCO108 Limited
- 2018-07-26🔒Charge registered #4Lender: Corpacq Limited
- 2018-07-26🔒Charge registered #3Lender: Igf Business Credit Limited
- 2018-05-30🔓Charge satisfied #2
- 2011-09-30➖BAILEY, Stuart resignedsecretary
- 2006-08-16🔓Charge satisfied #1
- 2006-08-04🔒Charge registered #2Lender: John Frederick Kay
- 2001-10-26➕BAILEY, Stuart appointedsecretary
- 2001-10-26➖KEEN, Sue resignedsecretary
- 2001-07-09➕KEEN, Sue appointedsecretary
- 2001-07-09➖WALMSLEY, Mark resignedsecretary
- 2001-06-29🔒Charge registered #1Lender: John Frederick Kay
- 2001-04-17🏢Company incorporatedAs M. B. HEATING LIMITED
- 2001-04-17➕WALMSLEY, Mark appointeddirector
- 2001-04-17➕WALMSLEY, Mark appointedsecretary
- 2001-04-17➕SEDDON, Brian John appointeddirector
Owner dependency
68/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- 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.
Group structure
M B Heating (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
M B Heating (Holdings) Limited
Corporate parent · holds 75-100% shares
⬇
M. B. HEATING LIMITED
This company · 04200625
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
M B Heating (Holdings) Limited Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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
Active · Construction · WN postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A.J.S. BAILEYS ELECTRICAL LIMITED→ 08152582 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| A.K. HEATING LTD→ 04897408 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| A&K SOSNOWSKI LTD→ 16022716 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACRE DEVELOPMENTS (NW) LIMITED→ 16112572 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ACUMEN BUILDING SOLUTIONS LTD→ 13944581 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| AD-SOL UK LIMITED→ 15556321 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ADAM CIVIL ENGINEERING LTD→ 08239678 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ADAM PAINTER LTD→ 16656809 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ADN JOINERY LTD→ 14636534 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ADVANCE ELECTRICAL & SOLAR LIMITED→ 07801880 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ADVANCED LAND & DEVELOPMENT DESIGN LTD→ 11081200 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ADVANCED RIPENING TECHNOLOGIES LIMITED→ 04600499 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
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
Incorporated2001-04-17
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Unit 1 Darby Lane
Hindley
Wigan
Lancashire
WN2 3DW
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-01
Last: 2026-04-17
Officers (3 active · 6 resigned)
GRIFFITHS, Stuart→
Activedirector · ~58y · appointed 2023-01-01
View their other companies + combined net worth →
LUSHER, David Andrew→
Activedirector · ~60y · appointed 2024-12-03
View their other companies + combined net worth →
WALMSLEY, Mark→
Activedirector · ~55y · appointed 2001-04-17
View their other companies + combined net worth →
BAILEY, Stuart→
Resignedsecretary · appointed 2001-10-26 · resigned 2011-09-30
KEEN, Sue→
Resignedsecretary · appointed 2001-07-09 · resigned 2001-10-26
WALMSLEY, Mark→
Resignedsecretary · appointed 2001-04-17 · resigned 2001-07-09
DORSETT, Jonathan Paul→
Resigneddirector · ~63y · appointed 2019-01-30 · resigned 2022-09-01
SCOTT, Stephen James→
Resigneddirector · ~48y · appointed 2018-07-26 · resigned 2019-01-30
SEDDON, Brian John→
Resigneddirector · ~64y · appointed 2001-04-17 · resigned 2022-12-22
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
3
Outstanding
3
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | BEYONDNEWCO108 BEYONDNEWCO108 Limited | A registered charge | 1 property | 26/07/2018 | — | |
| outstanding | Corpacq Corpacq Limited | A registered charge | 1 property | 26/07/2018 | — | |
| outstanding | Igf Business Credit Igf Business Credit Limited | A registered charge | 4 properties | 26/07/2018 | — | |
| satisfied | John Frederick Kay | Debenture | 1 property | 04/08/2006 | 30/05/2018 | |
| satisfied | John Frederick Kay | Debenture | 1 property | 29/06/2001 | 16/08/2006 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (83 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-24
accounts-with-accounts-type-full
accounts · AA
2025-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
appoint-person-director-company-with-name-date
officers · AP01
2024-12-03
accounts-with-accounts-type-full
accounts · AA
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-full
accounts · AA
2023-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-28
appoint-person-director-company-with-name-date
officers · AP01
2023-01-20
termination-director-company-with-name-termination-date
officers · TM01
2023-01-03
accounts-with-accounts-type-full
accounts · AA
2022-09-07
termination-director-company-with-name-termination-date
officers · TM01
2022-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-29
accounts-with-accounts-type-full
accounts · AA
2021-09-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-28