24 HEATING LIMITED
💤Zombieactive
06859085 · ltd · incorporated 2009-03-25
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
1 live charge · oldest 4.2y
35/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Charge age ~4.2 years — mid-life; refi window approaching.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (1 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
53 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 900 | 1100 |
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
1
filing
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 accounts
- • 1 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
- 2025-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-12-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-14📄change-person-director-company-with-change-dateofficers · CH01
- 2024-10-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-05-16📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-05-16📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-05-07➖STOW, Louise resignedsecretary
- 2024-05-07➖STOW, Louise resigneddirector
- 2024-02-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-02-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-29📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-28📄change-person-director-company-with-change-dateofficers · CH01
- 2024-02-28📄change-person-director-company-with-change-dateofficers · CH01
- 2023-09-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-02-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-03-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-03-01🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2021-11-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-10-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2009-03-25🏢Company incorporatedAs 24 HEATING LIMITED
- 2009-03-25➕STOW, Scott appointeddirector
- 2009-03-25➕STOW, Louise appointedsecretary
- 2009-03-25➕STOW, Louise appointeddirector
Owner dependency
85/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 17 years.
- secondaryStable-but-static management: Company is 17 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Scott Stow Individual · British · DOB 07/1973 · age 53 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Louise Stowceased 07/05/2024· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · RG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 100 GLOBAL VENTURES LTD→ 14556813 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| 1ST STOP BUILDING SERVICES LTD→ 11371730 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| 2M PROPERTY SERVICES LIMITED→ 05895292 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| 360 COMMERCIAL ENVIRONMENTS LIMITED→ 07248994 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 3SIXTY PROJECTS DESIGN & BUILD LTD→ 12884943 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 3SIXTY PROJECTS LIMITED→ 12883542 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 4B2 CONSTRUCTION LTD→ 10430660 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| 534 BUILD LTD→ 15517462 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| 72 KIDMORE ROAD MANAGEMENT LIMITED→ 09761170 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 7DAY CONTRACTORS LTD→ 12954263 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| A. AND R. PORTER LIMITED→ 00973697 · est 1970 · no financials extracted | — | — | — | — | 56y | — | — |
| A. BALLARD LIMITED→ 10868805 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated2009-03-25
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Unit 27 Longshot Industrial Estate
Longshot Lane
Bracknell
Berkshire
RG12 1RL
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27
Officers (1 active · 2 resigned)
Active
STOW, Louise→
Resignedsecretary · appointed 2009-03-25 · resigned 2024-05-07
STOW, Louise→
Resigneddirector · ~50y · appointed 2009-03-25 · resigned 2024-05-07
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | 1 property | 01/03/2022 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (53 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-11
change-person-director-company-with-change-date
officers · CH01
2025-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-14
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-10-07
termination-director-company-with-name-termination-date
officers · TM01
2024-05-16
termination-secretary-company-with-name-termination-date
officers · TM02
2024-05-16
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-29
change-person-director-company-with-change-date
officers · CH01
2024-02-29
change-person-director-company-with-change-date
officers · CH01
2024-02-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-28