GLENS PLUMBING AND HEATING LTD

🌿Early-stageactive
NI700127 · ltd · incorporated 2023-08-05
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
6 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-31

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 (7 events)Click to expand
  1. 2025-05-02
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-10-30
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  3. 2024-10-22
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  4. 2023-08-05
    🏢
    Company incorporated
    As GLENS PLUMBING AND HEATING LTD
  5. 2023-08-05
    KENNY, Caolan Joseph appointed
    director
  6. 2023-08-05
    KENNY, Orla appointed
    director
  7. 2023-08-05
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.8 years old — management layer unlikely to be developed.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Caolan Joseph Kenny
Individual · British · DOB 04/1991 · age 35
5075%
50–75%board control50-75% shares · 50-75% voting · board control05/08/2023
Mrs Orla Kenny
Individual · British · DOB 01/1983 · age 43
2550%
25–50%25-50% shares · 25-50% voting05/08/2023

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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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.

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Company details

Statusactive
Typeltd
Incorporated2023-08-05
Jurisdictionnorthern-ireland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

14 Kilmore Road
Glenariffe
Ballymena
BT44 0RQ
Northern Ireland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-08-18
Last: 2025-08-04

Officers (2 active · 0 resigned)

KENNY, Caolan Joseph
director · ~35y · appointed 2023-08-05
View their other companies + combined net worth →
Active
KENNY, Orla
director · ~43y · appointed 2023-08-05
View their other companies + combined net worth →
Active

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

Recent filings (6 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-29
accounts-with-accounts-type-dormant
accounts · AA
2025-05-02
gazette-filings-brought-up-to-date
gazette · DISS40
2024-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-29
gazette-notice-compulsory
gazette · GAZ1
2024-10-22
incorporation-company
incorporation · NEWINC
2023-08-05