ARMSTRONG & LIDDLE PLUMBING & HEATING LIMITED
- · Oldest live charge 17.1y old — refinance window within 12 months
Opportunity 77/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
Refinance opportunity
1 live charge · oldest 17.1y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 17.1 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 200 | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
Corporate timeline (27 events)Click to expand
- 2025-10-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-09-27📄resolutionresolution · RESOLUTIONS
- 2016-09-27📄capital-name-of-class-of-sharescapital · SH08
- 2016-02-13📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-02-10➕ARMSTRONG, Faye Louise appointeddirector
- 2016-02-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2015-09-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-07-20➖LIDDLE, Mike resigneddirector
- 2013-03-22🔓Charge satisfied #1
- 2009-06-10🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2005-05-22➕LIDDLE, Mike appointeddirector
- 2005-05-13🏢Company incorporatedAs ARMSTRONG & LIDDLE PLUMBING & HEATING LIMITED
- 2005-05-13➕ARMSTRONG, Faye appointedsecretary
- 2005-05-13➕ARMSTRONG, Gordon appointeddirector
- 2005-05-13➕AR CORPORATE SERVICES LIMITED appointedcorporate-secretary
- 2005-05-13➖AR CORPORATE SERVICES LIMITED resignedcorporate-secretary
- 2005-05-13➕AR NOMINEES LIMITED appointedcorporate-director
- 2005-05-13➖AR NOMINEES LIMITED resignedcorporate-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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 "ARMSTRONG" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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
cleanGroup structure
Grf 2012 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Grf 2012 Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · CA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A THOMSON LIMITED→ 15164776 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A TYSON & SONS LTD→ 06052858 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| A W IRVING LTD→ 16207517 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| A-Z ROOFING LIMITED→ 07540176 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| AERIAL WORKS LTD→ 13110860 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| AJ SANDELANDS LIMITED→ 12118315 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ALL TPTM LTD→ 16751769 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ANDANA GROUP LIMITED→ 16526620 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AR CARLISLE LIMITED→ 16588935 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ARB SPECIALIST ACCESS LTD→ 17009078 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ARMSTRONG & MCAVOY LIMITED→ 08440014 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| ARMSTRONG BUILDING CONTRACTORS LTD→ 09080019 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
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 →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
Registered office
Filing status
Officers (3 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank PLC | Legal mortgage | 1 property | 10/06/2009 | 22/03/2013 |