GEORGE RUSSELL (CONSTRUCTION) LIMITED
💤Zombieactive
SC052079 · ltd · incorporated 1972-12-28
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£335.8k
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 77/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
10 live charges · 3 lenders · oldest 47.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 47.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
10 charges (10/10 with lender, 10/10 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
118 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
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £335,798
Net assets shrinking
Down £53,728 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£336k
↓ 14% YoY
Current Assets
£731k
↓ 6.1% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-05 | 2024-04-05 |
|---|---|---|
| Total assets | £349.0k | £414.8k |
| Current assets | £730.5k | £778.4k |
| Debtors | £527.7k | £582.9k |
| Net assets | £335.8k | £389.5k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (44 events)Click to expand
- 2025-12-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-12-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2022-11-25📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-11-24➖RUSSELL, George Mclaren Bell resignedsecretary
- 2022-10-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-09📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-01-27📄mortgage-satisfy-charge-fullmortgage · MR04
- 2018-01-27🔓Charge satisfied #10
- 2018-01-27🔓Charge satisfied #9
- 2018-01-27🔓Charge satisfied #8
- 2018-01-27🔓Charge satisfied #7
- 2018-01-27🔓Charge satisfied #6
- 2018-01-27🔓Charge satisfied #5
- 2018-01-27🔓Charge satisfied #3
- 2018-01-27🔓Charge satisfied #2
- 2018-01-27🔓Charge satisfied #1
- 2018-01-10➖RUSSELL, Elizabeth resigneddirector
- 2016-06-13➕RUSSELL JNR, George Lithgow appointeddirector
- 2008-01-08🔒Charge registered #10Lender: The Royal Bank of Scotland PLC
- 2007-10-23🔒Charge registered #9Lender: Gleneagles Hotels Limited
- 2007-10-23🔒Charge registered #8Lender: The Royal Bank of Scotland PLC
- 2005-03-08🔒Charge registered #7Lender: Scottish Water
- 2003-01-15🔓Charge satisfied #4
- 2000-01-01➕RUSSELL, George Mclaren Bell appointedsecretary
- 1999-12-31➖RUSSELL, George Mclaren Bell resignedsecretary
- 1999-12-31➖RUSSELL, George Mclaren Bell resigneddirector
- 1999-03-11🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 1999-03-02🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 1991-12-02🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 1988-09-22🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1987-03-23🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1978-10-13🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1972-12-28🏢Company incorporatedAs GEORGE RUSSELL (CONSTRUCTION) LIMITED
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
55/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 53 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr George Lithgow Russell Jnr Individual · British · DOB 09/1980 · age 46 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/12/2022 |
1 historic (ceased) PSC
- Mr George Mclaren Bell Russellceased 06/12/2022· 75-100% shares · 75-100% voting · board control
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 · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRAVITY ACCESS LTD→ SC824811 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GREENPARK (POLMONT) DEVELOPMENTS LIMITED→ SC596396 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| GREENTECH (SPORTSTURF) LIMITED→ SC181938 · est 1998 · no financials extracted | — | — | — | — | 28y | — | — |
| HALDANE JOINERY SERVICES LTD→ SC362311 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| HAVEN JOINERS AND BUILDERS LIMITED→ SC497334 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| HEAT WISE INNOVATIONS LTD→ SC777295 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HEATSHIELD GASCARE LTD→ SC881388 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HERITAGE HOMES (SCOTLAND) LTD→ SC653498 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| HESCOTT HOLDINGS LIMITED→ SC392890 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| HILL JOINERY SERVICES LTD→ SC884493 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HILLFOOT HOMES (PROPERTY & DEVELOPMENT) LIMITED→ SC413714 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| HILLFOOT HOMES LIMITED→ SC173605 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated1972-12-28
Jurisdictionscotland
Primary SIC42990 — Construction of other civil engineering projects n.e.c.
Registered office
Lesliepark
Headswood
Denny
Stirlingshire
FK6 6BW
Filing status
Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08
Officers (1 active · 4 resigned)
RUSSELL JNR, George Lithgow→
Activedirector · ~46y · appointed 2016-06-13
View their other companies + combined net worth →
RUSSELL, George Mclaren Bell→
Resignedsecretary · appointed 2000-01-01 · resigned 2022-11-24
RUSSELL, George Mclaren Bell→
Resignedsecretary · resigned 1999-12-31
RUSSELL, Elizabeth→
Resigneddirector · ~77y · resigned 2018-01-10
RUSSELL, George Mclaren Bell→
Resigneddirector · ~77y · resigned 1999-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
10
Total charges
0
Outstanding
0
Active lenders
Status:Lender:10 of 10 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 08/01/2008 | 27/01/2018 | |
| satisfied | Gleneagles Hotels Gleneagles Hotels Limited | Standard security | 1 property | 23/10/2007 | 27/01/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 23/10/2007 | 27/01/2018 | |
| satisfied | Scottish Water | Standard security | 1 property | 08/03/2005 | 27/01/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 11/03/1999 | 27/01/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 02/03/1999 | 27/01/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 02/12/1991 | 15/01/2003 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 22/09/1988 | 27/01/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 23/03/1987 | 27/01/2018 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Floating charge | 1 property | 13/10/1978 | 27/01/2018 |
Recent filings (118 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-12-09
termination-secretary-company-with-name-termination-date
officers · TM02
2022-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-19
change-person-director-company-with-change-date
officers · CH01
2021-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-24