A TRUSCOTT CARPENTRY LTD

🏛️Establishedactive
12069919 · ltd · incorporated 2019-06-26
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jun 2025
Net worth
£484.1k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -74% YoY — forensic review of receivables, stock turns, and creditor days. 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
2 officers (2 active, 2 linked, 2 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
19 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £484,081
Cash draining
Cash down 74% YoY
Cash YoY
-74%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£19k
↓ 74% YoY
Net Worth
£484k
↑ 15% YoY
Current Assets
£685k
↑ 13% YoY
Current Liabilities
£0£137k£274k£411k£548k£685kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Total assets£492.8k£428.2k
Current assets£685.1k£606.9k
Cash£18.5k£71.5k
Debtors£621.6k£525.4k
Net assets£484.1k£420.7k

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

🔒Filing-note intelligence

2 signals 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-02
    📄
    memorandum-articles
    incorporation · MA
  3. 2024-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-12
    📄
    capital-allotment-shares
    capital · SH01
  5. 2024-04-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-02-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2022-12-07
    SEARLE, Lisa appointed
    director
  9. 2022-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-07-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-03-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-06-26
    🏢
    Company incorporated
    As A TRUSCOTT CARPENTRY LTD
  14. 2019-06-26
    TRUSCOTT, Andrew Craig appointed
    director
  15. 2019-06-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +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 "TRUSCOTT" — strong identity link between founder and business.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Andrew Craig Truscott
Individual · British · DOB 10/1988 · age 38
75100%
75-100% shares26/06/2019

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 →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2019-06-26
Jurisdictionengland-wales
Primary SIC43320 — Joinery installation

Registered office

C/O Whyfield Truro Business Park
Threemilestone
Truro
TR4 9LF
England

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-08-26
Last: 2025-08-12

Officers (2 active · 0 resigned)

SEARLE, Lisa
director · ~38y · appointed 2022-12-07
View their other companies + combined net worth →
Active
TRUSCOTT, Andrew Craig
director · ~38y · appointed 2019-06-26
View their other companies + combined net worth →
Active

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

Recent filings (19 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-12
memorandum-articles
incorporation · MA
2024-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
capital-allotment-shares
capital · SH01
2024-08-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
appoint-person-director-company-with-name-date
officers · AP01
2023-02-06
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-02