VELVET PLUMBING & HEATING LTD
- · Thesis: well-run, low negotiation leverage
Opportunity 76/100 (strong), bankability 75/100. 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).
Data confidence
Overall: medium (71/100)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
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Average employees | 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
- • 1 accounts
Corporate timeline (27 events)Click to expand
- 2025-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-01-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-02-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-10📄gazette-filings-brought-up-to-dategazette · DISS40
- 2019-04-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-05📄gazette-notice-compulsorygazette · GAZ1
- 2018-07-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-07-22📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-07-21📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-07-21📄change-person-director-company-with-change-dateofficers · CH01
- 2018-01-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2015-07-14➕BARSONY, Alison Mary appointeddirector
- 2013-07-14➕BARSONY, Allison appointedsecretary
- 2013-07-14➖BARSONY, Steven resignedsecretary
- 2007-07-17➕BARSONY, Nicholas James appointeddirector
- 2007-07-17➕BARSONY, Steven appointedsecretary
- 2007-07-13🏢Company incorporatedAs VELVET PLUMBING & HEATING LTD
- 2007-07-13➕LAWTON, Kathryn appointedsecretary
- 2007-07-13➖LAWTON, Kathryn resignedsecretary
- 2007-07-13➕RAYNER, Joanne appointeddirector
- 2007-07-13➖RAYNER, Joanne resigneddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 19 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.
- secondary12+ year tenure: Director in role 19 years.
- secondaryStable-but-static management: Company is 19 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Nicholas James Barsony Individual · British · DOB 12/1978 · age 48 | 50–75% | — | 50-75% shares | 01/07/2016 |
Mrs Alison Mary Barsony Individual · British · DOB 11/1985 · age 41 | 25–50% | — | 25-50% shares | 01/07/2016 |
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
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|---|---|---|---|---|---|---|---|
| 3 WAY BUILDING SERVICES LIMITED→ 04173366 · est 2001 · no financials extracted | — | — | — | — | 25y | — | — |
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| 5 STAR DECORATING SERVICES LTD→ 14160236 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 6A MP BUILDERS LTD→ 15551285 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 7 ELECTRIC SERVICES LIMITED→ 11638930 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| A1 DEVELOPMENTS (NORTH WEST) LTD→ 14894695 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| A1 PROPERTY MAINTENANCE SERVICES LTD→ 15954321 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| A2B PLUMBING LTD→ 12724854 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A7 CONSTRUCTION LTD→ 17127219 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AAB FITTERS LTD→ 16764926 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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.