POTTER COWAN (PIPE FITTINGS) LIMITED
🌳Matureactive
SC032403 · ltd · incorporated 1957-06-21
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£1
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Special-situation opportunityDistressed other with salvageable qualities — special-situations priority.
Opportunity 73/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 75). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).
Data confidence
Overall: medium (75/100)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
14 officers (3 active, 14 linked, 9 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
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 declaredPositive net assets
Net assets £1
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£1
Current Assets
£1
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £1 |
| Current assets | £1 |
| Net assets | £1 |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
- 2025-08-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-12📄legacycapital · SH20
- 2024-12-12📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2024-12-12⚠️legacyinsolvency · CAP-SS
- 2024-12-12📄resolutionresolution · RESOLUTIONS
- 2024-10-15➖CHRISTIE, Douglas Brash resigneddirector
- 2024-10-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-02📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-09-01➕MCKERRACHER, John James appointeddirector
- 2024-01-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-01-08📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-01-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-01-03➕WOOF, William Sones appointedsecretary
- 2024-01-03➕WOOF, William Sones appointeddirector
- 2024-01-03➖CLIFFORD, Kevin Cornelius resignedsecretary
- 2024-01-03➕CHRISTIE, Douglas Brash appointeddirector
- 2024-01-03➖CLIFFORD, Kevin Cornelius resigneddirector
- 2024-01-03➖ERRINGTON, Charles Peter Hodnett resigneddirector
- 2024-01-03➖ERRINGTON, Richard Roger resigneddirector
- 2023-08-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-09-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-12-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2012-03-25➖ERRINGTON, Roger resigneddirector
- 2010-01-28➖WALTON, Lewis Arthur resigneddirector
- 2010-01-26➕CLIFFORD, Kevin Cornelius appointedsecretary
- 2010-01-26➖WALTON, Lewis Arthur resignedsecretary
- 2009-11-02➕CLIFFORD, Kevin Cornelius appointeddirector
- 2005-01-01➕WALTON, Lewis Arthur appointeddirector
- 1995-07-10➕WALTON, Lewis Arthur appointedsecretary
- 1995-06-30➖BREWIS, Gordon resignedsecretary
- 1995-06-30➖BREWIS, Gordon resigneddirector
- 1995-06-23➕ERRINGTON, Charles Peter Hodnett appointeddirector
- 1995-06-23➕ERRINGTON, Richard Roger appointeddirector
- 1989-08-01➖SNAITH, William Grant resigneddirector
- 1957-06-21🏢Company incorporatedAs POTTER COWAN (PIPE FITTINGS) LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial 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 75 — succession pressure is live.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 high ·1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2024-12-12: legacy
Group structure
Crossling Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Crossling Limited
Corporate parent · holds 75-100% shares · board control
⬇
POTTER COWAN (PIPE FITTINGS) LIMITED
This company · SC032403
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Crossling Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
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 · Other · DG postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FARMING PARTNERS DALSWINTON LLP→ SO308086 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FORTH MGT LLP→ SO305509 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| HASLAM-JONES MARINE CONSULTANCY LLP→ SO306363 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| MAGICOM LP→ SL029333 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ROBERT REID SHILLAHILL FARMS→ SL001641 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| SL004774 LP→ SL004774 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| SOLEBURN GARDEN CENTRE LTD→ SC777183 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| SOLWAY HART PHOTOGRAPHY LTD→ SC813568 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SOLWAY RECYCLING (2011) LIMITED→ SC409656 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ST ANDREWS GOLF DISCOUNT LIMITED→ SC166603 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| ST MEDICAL SOLUTIONS LP→ SL030724 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| ST. ANDREWS SPORTSWEAR COMPANY LIMITED→ SC156996 · est 1995 · no financials extracted | — | — | — | — | 31y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1957-06-21
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
Unit 1 Block 2
Dumfries Enterprise Park Tinwald Road
Heathhall
Dumfries
DG1 2SJ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-09
Last: 2025-10-26
Officers (3 active · 11 resigned)
WOOF, William Sones→
Activesecretary · appointed 2024-01-03
View their other companies + combined net worth →
MCKERRACHER, John James→
Activedirector · ~44y · appointed 2024-09-01
View their other companies + combined net worth →
WOOF, William Sones→
Activedirector · ~75y · appointed 2024-01-03
View their other companies + combined net worth →
BREWIS, Gordon→
Resignedsecretary · resigned 1995-06-30
CLIFFORD, Kevin Cornelius→
Resignedsecretary · appointed 2010-01-26 · resigned 2024-01-03
WALTON, Lewis Arthur→
Resignedsecretary · appointed 1995-07-10 · resigned 2010-01-26
BREWIS, Gordon→
Resigneddirector · ~91y · resigned 1995-06-30
CHRISTIE, Douglas Brash→
Resigneddirector · ~48y · appointed 2024-01-03 · resigned 2024-10-15
CLIFFORD, Kevin Cornelius→
Resigneddirector · ~64y · appointed 2009-11-02 · resigned 2024-01-03
ERRINGTON, Charles Peter Hodnett→
Resigneddirector · ~67y · appointed 1995-06-23 · resigned 2024-01-03
ERRINGTON, Richard Roger→
Resigneddirector · ~69y · appointed 1995-06-23 · resigned 2024-01-03
ERRINGTON, Roger→
Resigneddirector · ~99y · resigned 2012-03-25
SNAITH, William Grant→
Resigneddirector · resigned 1989-08-01
WALTON, Lewis Arthur→
Resigneddirector · ~79y · appointed 2005-01-01 · resigned 2010-01-28
Click a director name to see their full track record across all companies.
Recent filings (113 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-22
legacy
capital · SH20
2024-12-12
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2024-12-12
legacy
insolvency · CAP-SS
2024-12-12
resolution
resolution · RESOLUTIONS
2024-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-08
termination-director-company-with-name-termination-date
officers · TM01
2024-10-15
accounts-with-accounts-type-dormant
accounts · AA
2024-10-03
appoint-person-director-company-with-name-date
officers · AP01
2024-09-02
termination-director-company-with-name-termination-date
officers · TM01
2024-01-08
termination-director-company-with-name-termination-date
officers · TM01
2024-01-08
termination-director-company-with-name-termination-date
officers · TM01
2024-01-08
termination-secretary-company-with-name-termination-date
officers · TM02
2024-01-08
appoint-person-secretary-company-with-name-date
officers · AP03
2024-01-08