TURNER FACILITIES MANAGEMENT LIMITED
🌳Matureactive
SC045858 · ltd · incorporated 1968-08-06
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
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
PursueActive trading company with a 61-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (80/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
6 live charges · 5 lenders · oldest 50.5y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 50.5 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
28 officers (3 active, 28 linked, 24 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
155 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 address
Last 180 days
2
filings
- • 1 address
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (80 events)Click to expand
- 2026-02-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-15📄accounts-with-accounts-type-smallaccounts · AA
- 2024-12-09📄accounts-with-accounts-type-smallaccounts · AA
- 2024-08-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-01➕CAMPBELL, Craig appointeddirector
- 2024-07-31➖MCKELLAR, Thomas Duncan resigneddirector
- 2024-07-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-30🔓Charge satisfied #11
- 2023-12-19📄accounts-with-accounts-type-smallaccounts · AA
- 2023-01-10📄accounts-with-accounts-type-smallaccounts · AA
- 2021-12-29📄accounts-with-accounts-type-fullaccounts · AA
- 2021-07-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-06-30➖PARRACK, Ian resigneddirector
- 2021-01-28📄accounts-with-accounts-type-smallaccounts · AA
- 2019-12-11📄accounts-with-accounts-type-fullaccounts · AA
- 2019-01-04📄accounts-with-accounts-type-fullaccounts · AA
- 2018-07-09📄change-person-director-company-with-change-dateofficers · CH01
- 2017-12-11📄accounts-with-accounts-type-fullaccounts · AA
- 2017-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2017-12-04📄change-person-director-company-with-change-dateofficers · CH01
- 2017-11-04➖LIVINGSTONE, James resigneddirector
- 2017-10-26➕CARMICHAEL, Alan Gordon appointedsecretary
- 2017-10-26➖PARRACK, Ian resignedsecretary
- 2016-07-22➖LAVERTY, John William resigneddirector
- 2016-07-22➖MITCHINSON, Andrew John resigneddirector
- 2015-12-14➕LIVINGSTONE, James appointeddirector
- 2014-06-13➖STRONG, John Alastair Robert resigneddirector
- 2014-01-01➕PARRACK, Ian appointedsecretary
- 2014-01-01➖SHARP, William Stuart resignedsecretary
- 2014-01-01➖SHARP, William Stuart resigneddirector
- 2014-01-01➖TURNER, Alexander Gordon resigneddirector
- 2011-09-15➖BYLES, Glenn William resigneddirector
- 2011-08-04➖QUINN, Derek Stanley resigneddirector
- 2010-04-01➖FULLICK, John William resigneddirector
- 2009-09-25🔓Charge satisfied #10
- 2009-08-04🔒Charge registered #11Lender: Peer Freeholds Limited
- 2009-08-03➕MITCHINSON, Andrew John appointeddirector
- 2009-07-08➖FEE, Richard Edward resigneddirector
- 2008-10-01➕STRONG, John Alastair Robert appointeddirector
- 2008-06-13➖NELSON, William resigneddirector
- 2008-04-30➖IRVINE, Leslie Alexander England resigneddirector
- 2007-08-20➕LAVERTY, John William appointeddirector
- 2006-11-29➕BYLES, Glenn William appointeddirector
- 2004-05-05➕MCKELLAR, Thomas Duncan appointeddirector
- 2004-01-09➖NASH, Christopher resigneddirector
- 2002-10-04➕FULLICK, John William appointeddirector
- 2002-07-19➖KERR, James Fleming resigneddirector
- 2002-07-11➖RUSSELL, James Dunn resigneddirector
- 2002-04-30➖GLENNISTER, Keith resigneddirector
Showing most recent 50 of 80 events
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
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 "TURNER" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
Succession & seller-readiness
66/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Turner & Co (Glasgow) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Turner & Co (Glasgow) Ltd
Corporate parent · holds 75-100% shares
⬇
TURNER FACILITIES MANAGEMENT LIMITED
This company · SC045858
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 |
|---|---|---|---|---|
Turner & Co (Glasgow) Ltd Corporate entity | 75–100% | — | 75-100% shares | 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 · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GEORGE LESLIE LIMITED→ SC251886 · est 2003 | £42.07M £30.05M–£54.09M | — | — | 43000 | 22y | 87 | 59y |
| MACKENZIE CONSTRUCTION LIMITED→ SC073177 · est 1980 | £19.04M £13.60M–£24.48M | — | — | 292 | 45y | 87 | 61y |
| LUDDON CONSTRUCTION LIMITED→ SC057943 · est 1975 | £15.71M £11.22M–£20.20M | — | — | 55400 | 50y | 87 | 60y |
| WILLOWROSE JOINERY LIMITED→ SC485482 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| WINDFARM POWER LIMITED→ SC828217 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| WITCH DEVELOPMENTS UK LTD→ SC726337 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| WM BROWN & CO (MAINTENANCE) LTD.→ SC271270 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| WMRS ROOFING LTD→ SC838341 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| WOJMAR BUILDING LTD→ SC756444 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| WR CONTRACTS LTD→ SC474736 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| WREN ROOFING & SOLAR LIMITED→ SC762224 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| YKT CONSTRUCTIONS LIMITED→ SC840784 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated1968-08-06
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.
Registered office
Floor 8, The Beacon
176 St. Vincent Street
Glasgow
G2 5SG
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-27
Last: 2025-11-13
Officers (3 active · 25 resigned)
CARMICHAEL, Alan Gordon→
Activesecretary · appointed 2017-10-26
View their other companies + combined net worth →
CAMPBELL, Craig→
Activedirector · ~54y · appointed 2024-08-01
View their other companies + combined net worth →
TURNER, Alan Gerard→
Activedirector · ~61y · appointed 1992-08-05
View their other companies + combined net worth →
PARRACK, Ian→
Resignedsecretary · appointed 2014-01-01 · resigned 2017-10-26
RUSSELL, James Dunn→
Resignedsecretary · resigned 1989-06-16
SHARP, William Stuart→
Resignedsecretary · appointed 1989-06-16 · resigned 2014-01-01
BYLES, Glenn William→
Resigneddirector · ~67y · appointed 2006-11-29 · resigned 2011-09-15
FEE, Richard Edward→
Resigneddirector · ~79y · appointed 1995-12-22 · resigned 2009-07-08
FULLICK, John William→
Resigneddirector · ~79y · appointed 2002-10-04 · resigned 2010-04-01
GLENNISTER, Keith→
Resigneddirector · ~74y · appointed 1997-03-03 · resigned 2002-04-30
IRVINE, Leslie Alexander England→
Resigneddirector · ~82y · appointed 2000-08-01 · resigned 2008-04-30
KERR, James Fleming→
Resigneddirector · ~86y · appointed 1996-09-01 · resigned 2002-07-19
LAVERTY, John William→
Resigneddirector · ~62y · appointed 2007-08-20 · resigned 2016-07-22
LIVINGSTONE, James→
Resigneddirector · ~75y · appointed 2015-12-14 · resigned 2017-11-04
MCKELLAR, Thomas Duncan→
Resigneddirector · ~67y · appointed 2004-05-05 · resigned 2024-07-31
MITCHINSON, Andrew John→
Resigneddirector · ~59y · appointed 2009-08-03 · resigned 2016-07-22
NASH, Christopher→
Resigneddirector · ~81y · appointed 2000-11-29 · resigned 2004-01-09
NELSON, William→
Resigneddirector · ~84y · appointed 1996-09-01 · resigned 2008-06-13
PARRACK, Ian→
Resigneddirector · ~65y · appointed 1992-09-30 · resigned 2021-06-30
QUINN, Derek Stanley→
Resigneddirector · ~60y · appointed 2001-11-01 · resigned 2011-08-04
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Peer Freeholds Peer Freeholds Limited | Rent deposit deed | 1 property | 04/08/2009 | 30/07/2024 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 04/11/1992 | 25/09/2009 | |
| satisfied | Investors in Industry Investors in Industry PLC | Instrument of charge | 1 property | 26/10/1983 | 11/07/1994 | |
| satisfied | I C F C I C F C LTD | Instrument of charge | 1 property | 31/03/1982 | 11/07/1994 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 28/05/1980 | 15/03/1989 | |
| satisfied | Industrial and Commercial Finance Corporation Industrial and Commercial Finance Corporation LTD | Floating charge | 1 property | 07/11/1975 | 11/07/1994 |
Recent filings (155 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-02-18
accounts-with-accounts-type-small
accounts · AA
2025-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-14
accounts-with-accounts-type-small
accounts · AA
2024-12-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-14
appoint-person-director-company-with-name-date
officers · AP01
2024-08-06
termination-director-company-with-name-termination-date
officers · TM01
2024-08-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-30
accounts-with-accounts-type-small
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-13
accounts-with-accounts-type-small
accounts · AA
2023-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-15
accounts-with-accounts-type-full
accounts · AA
2021-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-16
termination-director-company-with-name-termination-date
officers · TM01
2021-07-14