PAISLEY FIREPLACE COMPANY LIMITED (THE)

🌳Matureactive
SC030907 · ltd · incorporated 1955-06-28
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
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Turnover
not disclosed
Net worth
book net assets
Opportunity
60/100
Worth a look
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What this business does
Primary activity: SIC 4525
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 30/100. Strong seller-intent signal (63/100, director aged 87). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on monthly review.

Data confidence

Overall: low (43/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
1 filing — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 miscellaneous
Last 180 days
1
filing
  • 1 miscellaneous
Counts from Companies House filing history.
Corporate timeline (7 events)Click to expand
  1. 2026-03-06
    📄
    court-order
    miscellaneous · OC-DV
  2. 1998-09-08
    ELVIDGE, William Kelsey resigned
    director
  3. 1996-11-30
    IRONSIDE, Isabella resigned
    director
  4. 1994-06-30
    TRENCH, James appointed
    secretary
  5. 1994-06-30
    DUNCAN, Margaret resigned
    secretary
  6. 1989-06-30
    ELVIDGE, William Kelsey resigned
    secretary
  7. 1955-06-28
    🏢
    Company incorporated
    As PAISLEY FIREPLACE COMPANY LIMITED (THE)

Owner dependency

73/100
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 age: Director aged approximately 87 — succession pressure is live.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 71 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2002-04-30

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated1955-06-28
Jurisdictionscotland
Primary SIC4525 — SIC 4525

Registered office

54 Old Sneddon Street
Paisley
PA3 2AP

Filing status

Accounts
Next due: 2002-04-30OVERDUE
Last made up to: 2000-06-30
Confirmation statement
Next due:
Last:

Officers (3 active · 4 resigned)

TRENCH, James
secretary · appointed 1994-06-30
View their other companies + combined net worth →
Active
BAILEY, Anne
director · ~80y
View their other companies + combined net worth →
Active
TRENCH, James
director · ~87y
View their other companies + combined net worth →
Active
DUNCAN, Margaret
secretary · resigned 1994-06-30
Resigned
ELVIDGE, William Kelsey
secretary · resigned 1989-06-30
Resigned
ELVIDGE, William Kelsey
director · ~115y · resigned 1998-09-08
Resigned
IRONSIDE, Isabella
director · ~119y · resigned 1996-11-30
Resigned

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

Recent filings (1 total)

court-order
miscellaneous · OC-DV
2026-03-06