HUCON CONTRACTS LTD
Opportunity 71/100 (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: 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).
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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 | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Average employees | 100 | 100 |
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 (10 events)Click to expand
- 2025-03-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-20📄capital-name-of-class-of-sharescapital · SH08
- 2022-04-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-04-25📄capital-allotment-sharescapital · SH01
- 2021-05-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-08-07🏢Company incorporatedAs HUCON CONTRACTS LTD
- 2019-08-07➕HUGHES, Peter Thomas appointeddirector
- 2019-08-07📄incorporation-companyincorporation · NEWINC
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter Thomas Hughes Individual · Irish · DOB 05/1994 · age 32 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/08/2019 |
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 · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BSG CIVIL ENGINEERING LIMITED→ NI021016 · est 1987 | £25.64M £18.31M–£32.96M | £36.49M | — | 8700 | 38y | 85 | 73y |
| E.J.C. CONTRACTS LTD→ NI045412 · est 2003 | £24.32M £17.37M–£31.26M | £30.79M | — | 6600 | 23y | 90 | 54y |
| PETER MCCORMACK & SONS LIMITED→ NI038813 · est 2000 | £16.43M £11.74M–£21.13M | — | — | 2200 | 25y | 85 | 60y |
| P MCVEY BUILDING SYSTEMS LTD→ NI634141 · est 2015 | £14.13M £10.09M–£18.17M | £24.15M | — | 5400 | 10y | 90 | 66y |
| M.J. MCBRIDE CONSTRUCTION LTD→ NI066620 · est 2007 | £14.06M £10.04M–£18.07M | £19.82M | — | 1500 | 18y | 87 | 77y |
| SOUTH BANK SQUARE LTD→ NI605444 · est 2010 | £12.16M £8.69M–£15.64M | £13.65M | — | 400 | 15y | 86 | 73y |
| D B BUILDING CONTRACTS LTD→ NI045897 · est 2003 | £8.19M £5.85M–£10.53M | — | — | 48 | 23y | 84 | 60y |
| J. H. TURKINGTON & SONS LIMITED→ NI018132 · est 1985 | £7.97M £5.69M–£10.25M | — | — | 8000 | 41y | 84 | 72y |
| P MCK LTD→ NI062901 · est 2007 | £7.58M £5.42M–£9.75M | £16.85M | — | 5100 | 19y | 87 | 71y |
| CORICK INVESTMENTS LIMITED→ NI025056 · est 1990 | £6.35M £4.54M–£8.16M | — | — | 0 | 35y | 92 | 69y |
| BAYVIEW CONTRACTS LTD→ NI041488 · est 2001 | £4.57M £3.26M–£5.87M | £24.46M | — | 17900 | 24y | 87 | 61y |
| ADSTON (UK) LIMITED→ NI605512 · est 2010 | £4.00M £2.86M–£5.15M | £11.40M | — | 1100 | 15y | 100 | 79y |
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 →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 (1 active · 0 resigned)
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