LUDDON CONSTRUCTION LIMITED

🌳Matureactive

SC057943 · ltd · incorporated 1975-06-17

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

—

Upgrade to see

Turnover

—

year to Aug 2024

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Construction of other civil engineering projects n.e.c.

Sector: Construction

Investor take

Pursue

Strong opportunity: leverage-led grower with exceptional profile and acceptable with review structure.

Opportunity 82/100 (exceptional), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 48.7y

45/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 48.7 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 40/100 — workable, but lender will want more DD.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (83/100)

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

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

24 officers (5 active, 24 linked, 21 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

11 connected companies via shared directors

Filing history

148 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £4,058,791

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-08-31	2023-08-31
Profit before tax	£4.06M	£3.61M
Average employees	55400	51500

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

• 2 officers
• 1 confirmation-statement

Last 180 days

filings

• 6 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (59 events)Click to expand

2026-02-27
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-23
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-06
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-06
📄
change-person-director-company-with-change-date
officers · CH01
2026-02-06
📄
change-person-director-company-with-change-date
officers · CH01
2026-01-26
📄
change-person-director-company-with-change-date
officers · CH01
2025-05-23
📄
accounts-with-accounts-type-full
accounts · AA
2025-01-10
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-01-07
🔒
Charge registered #4
Lender: Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111)
2024-05-27
📄
accounts-with-accounts-type-full
accounts · AA
2024-02-06
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-31
➖
LAFFERTY, Stephen resigned
director
2023-06-05
📄
accounts-with-accounts-type-full
accounts · AA
2022-05-27
📄
accounts-with-accounts-type-full
accounts · AA
2021-03-24
📄
accounts-with-accounts-type-full
accounts · AA
2021-03-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-12-31
➖
LANGAN, Stephen resigned
director
2020-02-20
📄
accounts-with-accounts-type-full
accounts · AA
2020-02-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-02-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-08-31
➖
FRIZE, Charles Michael resigned
director
2019-05-09
➖
COLQUHOUN, Wilson resigned
director
2019-04-11
📄
accounts-with-accounts-type-full
accounts · AA
2018-09-01
➕
WADDELL, Andrew Alexander appointed
director
2016-09-01
➕
BARCLAY, Ian Francis appointed
director
2016-09-01
➕
MORRISON, Alexander Falconer appointed
director
2016-09-01
➕
COLQUHOUN, Wilson appointed
director
2016-08-31
➖
BLAINEY, Ian Harvey resigned
director
2016-08-31
➖
ROBINSON, Henry Dick resigned
director
2013-09-01
➕
RANDALL, Allan James appointed
director
2013-09-01
➖
HINSHELWOOD, George Hutton resigned
director
2012-08-23
🔒
Charge registered #3
Lender: Clydesdale Bank PLC
2010-01-31
➖
CLARK, Ronald Alan resigned
director
2009-12-31
➖
DI FOLCO, Alberto Anthony resigned
secretary
2008-11-21
➖
DI FOLCO, Alberto Anthony resigned
director
2008-08-14
➖
SHANAHAN, Andrew resigned
director
2007-09-28
🔓
Charge satisfied #2
2006-09-01
➕
CLARK, Ronald Alan appointed
secretary
2006-09-01
➖
CLARK, Ronald Alan resigned
secretary
2006-09-01
➕
CLARK, Ronald Alan appointed
director
2006-08-31
➖
DOUGALL, John Marshall resigned
director
2005-09-01
➕
LANGAN, Stephen appointed
director
2005-09-01
➕
ROBINSON, Henry Dick appointed
director
2005-06-30
➖
COCOZZA, Adriano resigned
director
2004-01-15
➕
DOUGALL, Thomas Barclay appointed
director
2004-01-15
➖
CLARK, Jan Marshall resigned
director
2004-01-15
➖
DOUGALL, Alexandra Jay resigned
director
2003-08-25
➕
LAFFERTY, Stephen appointed
director
2003-05-08
🔒
Charge registered #2
Lender: Sp Transmission Limited
2001-07-31
➖
KELLY, Daniel resigned
director

Showing most recent 50 of 59 events

Owner dependency

58/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

70/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 51 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Dougall Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Dougall Holdings Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

LUDDON CONSTRUCTION LIMITED

This company · SC057943

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
Dougall Holdings Ltd Corporate entity	75–100%	—	75-100% shares	31/08/2016

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
SLM MACKENZIE LIMITED→ SC243618 · est 2003	£19.02M £13.59M–£24.46M	—	—	292	23y	86	63y
CURTIS MOORE (CLADDING SYSTEMS) LIMITED→ SC206369 · est 2000	£6.45M £4.61M–£8.30M	—	—	3700	26y	85	65y
A.B. 2000 LTD.→ SC155832 · est 1995	£6.43M £4.59M–£8.26M	—	—	10600	31y	84	46y
VEITCHI INTERIORS LIMITED→ SC042401 · est 1965	£3.00M £2.15M–£3.86M	—	—	53	60y	87	61y
WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→ SC101441 · est 1986	£968.2k £691.5k–£1.24M	—	—	66	39y	85	70y
INSITE CONTRACTS LIMITED→ SC162464 · est 1996	£682.9k £487.8k–£878.0k	—	—	47	30y	85	60y
TARPAVE LIMITED→ SC240089 · est 2002	£32.6k £23.3k–£41.9k	£2.30M	—	1100	23y	84	65y
A H F CONSTRUCTION MANAGEMENT LTD.→ SC352436 · est 2008	—	—	£2.19M	—	17y	83	58y
ALGAS MEDICAL INSTALLATIONS LIMITED→ SC284549 · est 2005	—	—	—	2200	21y	83	70y
ARC-TECH (SCOTLAND) LIMITED→ SC127099 · est 1990 · no financials extracted	—	—	—	—	35y	83	75y

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

Incorporated1975-06-17

Jurisdictionscotland

Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

Balmore House

1497 Balmore Road

Glasgow

G23 5HD

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2027-03-03

Last: 2026-02-17

Officers (5 active · 19 resigned)

BARCLAY, Ian Francis→

director · ~57y · appointed 2016-09-01

View their other companies + combined net worth →

Active

DOUGALL, Thomas Barclay→

director · ~59y · appointed 2004-01-15

View their other companies + combined net worth →

Active

MORRISON, Alexander Falconer→

director · ~60y · appointed 2016-09-01

View their other companies + combined net worth →

Active

RANDALL, Allan James→

director · ~52y · appointed 2013-09-01

View their other companies + combined net worth →

Active

WADDELL, Andrew Alexander→

director · ~45y · appointed 2018-09-01

View their other companies + combined net worth →

Active

CLARK, Ronald Alan→

secretary · appointed 2006-09-01 · resigned 2006-09-01

Resigned

DI FOLCO, Alberto Anthony→

secretary · resigned 2009-12-31

Resigned

BLAINEY, Ian Harvey→

director · ~70y · appointed 2001-01-18 · resigned 2016-08-31

Resigned

CLARK, Jan Marshall→

director · ~56y · appointed 1998-08-19 · resigned 2004-01-15

Resigned

CLARK, Ronald Alan→

director · ~65y · appointed 2006-09-01 · resigned 2010-01-31

Resigned

COCOZZA, Adriano→

director · ~81y · resigned 2005-06-30

Resigned

COLQUHOUN, Wilson→

director · ~55y · appointed 2016-09-01 · resigned 2019-05-09

Resigned

DI FOLCO, Alberto Anthony→

director · ~78y · appointed 2001-01-18 · resigned 2008-11-21

Resigned

DOUGALL, Alexandra Jay→

director · ~84y · resigned 2004-01-15

Resigned

DOUGALL, John Marshall→

director · ~83y · resigned 2006-08-31

Resigned

DOUGALL, Thomas Barclay→

director · ~59y · appointed 1996-01-15 · resigned 1998-08-19

Resigned

FRIZE, Charles Michael→

director · ~72y · resigned 2019-08-31

Resigned

HINSHELWOOD, George Hutton→

director · ~66y · appointed 2001-01-18 · resigned 2013-09-01

Resigned

KELLY, Daniel→

director · ~82y · resigned 2001-07-31

Resigned

LAFFERTY, Stephen→

director · ~68y · appointed 2003-08-25 · resigned 2023-12-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:4 of 4 shown

		Type	Properties
outstanding	Virgin Money Clydesdale Bank PLC (Trading as Virgin Money) (Company Number SC001111)	A registered charge	—	07/01/2025	—
outstanding	Virgin Money Clydesdale Bank PLC	Floating charge	1 property	23/08/2012	—
satisfied	Sp Transmission Sp Transmission Limited	Standard security	1 property	08/05/2003	28/09/2007
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	14/09/1977	—

Click column headers to sort. Use filters above to narrow by status and lender.