NEIL SWINNEY PLUMBING SERVICES LIMITED

💤Zombieactive
10673143 · ltd · incorporated 2017-03-16
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
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Turnover
year to Mar 2025
Net worth
£15.3k
book net assets
Opportunity
63/100
Worth a look
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 63/100 (worth a look), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
29 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £15,252

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£15k
~ YoY
Current Assets
£92k
~ YoY
Current Liabilities
£0£18k£37k£55k£74k£92kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£15.3k£15.3k
Current assets£92.3k£92.3k
Net assets£15.3k£15.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-01-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-07-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-06-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2025-01-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2025-01-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2025-01-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2025-01-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2025-01-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2025-01-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2024-10-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2024-10-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2024-06-08
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  14. 2022-09-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2022-09-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2020-12-23
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  17. 2020-12-01
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  18. 2020-04-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  19. 2020-04-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  20. 2020-03-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  21. 2017-03-16
    🏢
    Company incorporated
    As NEIL SWINNEY PLUMBING SERVICES LIMITED
  22. 2017-03-16
    SWINNEY, Neil, Mr. appointed
    director

Owner dependency

95/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "SWINNEY" — strong identity link between founder and business.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-03-29

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr. Neil Swinney
Individual · British · DOB 04/1970 · age 56
75100%
75-100% shares16/03/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Available from the Pro tier upwards.

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Company details

Statusactive
Typeltd
Incorporated2017-03-16
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

7 Valley View
Tweedmouth
Berwick-Upon-Tweed
TD15 2ED
England

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2025-03-29OVERDUE
Last: 2024-03-15

Officers (1 active · 0 resigned)

SWINNEY, Neil, Mr.
director · ~56y · appointed 2017-03-16
View their other companies + combined net worth →
Active

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

Recent filings (29 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2026-01-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-07-15
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-02
change-person-director-company-with-change-date
officers · CH01
2024-10-16