HUTCHEON SERVICES LIMITED

🌳Matureactive

SC071884 · ltd · incorporated 1980-06-17

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 42.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

—

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: Electrical installation

Sector: Construction

ALSO REGISTERED FOR

43220Plumbing, heat and air-conditioning installation

Investor take

Pursue

Conservative operator with a 61-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 61). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

4 live charges · oldest 42.2y

65/100

clean up first

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

· Oldest live charge is 42.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 2 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

21 officers (7 active, 21 linked, 12 with DOB)

Ownership & PSC

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

Director network

4 connected companies via shared directors

Filing history

167 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

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

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 £1,370,430

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	2024-11-30	2023-11-30
Turnover	—	£21.60M
Gross profit	—	£3.71M
Operating profit	—	£1.45M
Profit before tax	£1.37M	£1.47M
Average employees	17200	18100

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

filing

• 1 confirmation-statement

Last 180 days

filings

• 5 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (56 events)Click to expand

2025-12-19
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-19
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-19
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-19
📄
change-person-director-company-with-change-date
officers · CH01
2025-12-19
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-31
📄
change-person-director-company-with-change-date
officers · CH01
2025-08-05
📄
accounts-with-accounts-type-full
accounts · AA
2024-09-20
📄
accounts-with-accounts-type-medium
accounts · AA
2024-04-03
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2024-04-03
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-12-20
📍
move-registers-to-registered-office-company-with-new-address
address · AD04
2023-12-20
📍
change-sail-address-company-with-old-address-new-address
address · AD02
2023-09-05
📄
accounts-with-accounts-type-full
accounts · AA
2023-08-09
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2023-08-09
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-08-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-18
➕
STRONACHS SECRETARIES LIMITED appointed
corporate-secretary
2023-07-18
➖
ROBB, Gregor Alexander resigned
secretary
2022-10-20
📄
accounts-with-accounts-type-full
accounts · AA
2022-06-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-06-06
📄
memorandum-articles
incorporation · MA
2022-06-06
📄
resolution
resolution · RESOLUTIONS
2022-05-27
➕
GALLOWAY, Donald Hugh appointed
director
2017-02-20
🔓
Charge satisfied #5
2017-02-20
🔓
Charge satisfied #3
2017-02-20
🔓
Charge satisfied #1
2013-09-26
➖
ROBERTS, William Alexander resigned
director
2013-06-06
➖
DAVIDSON, Stewart John Robert resigned
director
2010-11-18
➖
MORRICE, Norman Panton resigned
director
2008-04-06
➕
FARQUHAR, Graeme Paterson appointed
director
2008-04-06
➕
SHAND, Garry John appointed
director
2006-12-29
➖
HUTCHEON, Gordon resigned
director
2004-11-01
➕
DAVIDSON, Stewart John Robert appointed
director
2004-04-07
➖
DAVIDSON, Stewart John Robert resigned
director
2001-11-22
➕
ROBB, Gregor Alexander appointed
director
1999-12-27
➖
MUTCH, John Edgar resigned
director
1999-11-23
➕
LEIPER, Martin appointed
director
1999-11-23
➕
MUTCH, John Edgar appointed
director
1995-03-14
➕
ROBB, Gregor Alexander appointed
secretary
1995-03-14
➖
SHINIE, Andrew Fraser resigned
secretary
1993-11-23
➕
SHINIE, Andrew Fraser appointed
secretary
1993-11-23
➖
PAULL & WILLIAMSONS resigned
corporate-secretary
1993-01-14
➕
ROBERTS, William Alexander appointed
director
1992-11-30
➕
CAMPBELL, Gary David appointed
director
1992-11-30
➕
DAVIDSON, Stewart John Robert appointed
director
1992-03-30
🔒
Charge registered #5
Lender: The Royal Bank of Scotland PLC
1991-11-28
➖
CLARK & WALLACE SOLICITORS resigned
corporate-secretary
1991-11-28
➕
PAULL & WILLIAMSONS appointed
corporate-secretary
1990-03-31
➖
BAIN, Alan George resigned
director
1990-03-31
➖
WEBSTER, Neil resigned
director

Showing most recent 50 of 56 events

Owner dependency

58/100

Moderate — manageable with handover

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

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
primary20+ year tenure: Director in role 33 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

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

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

🏛️

Hsb Holdings Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

HUTCHEON SERVICES LIMITED

This company · SC071884

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
Hsb Holdings Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	30/11/2016

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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SEIVWRIGHT BROTHERS LIMITED→ SC234623 · est 2002	£8.04M £5.74M–£10.33M	—	—	73	23y	87	76y
M.T.M.CONSTRUCTION LIMITED→ SC056163 · est 1974	£2.93M £2.10M–£3.77M	—	—	5200	51y	87	76y
THISTLE WINDOWS & CONSERVATORIES LIMITED→ SC159622 · est 1995	£1.28M £917.3k–£1.65M	—	—	119	30y	84	65y
SKENE ENTERPRISES (ABERDEEN) LIMITED→ SC072886 · est 1980	£910.0k £650.0k–£1.17M	—	—	105	45y	83	87y
AJC CONSTRUCTION SCOTLAND LIMITED→ SC216542 · est 2001	—	—	—	2700	25y	83	60y
AM CAMPBELL (UK) LTD.→ SC212573 · est 2000	—	—	£72.9k	—	25y	83	63y
GREENBURN PROPERTY CO. LIMITED→ SC309497 · est 2006	—	—	£-448	—	19y	83	70y
LADYSBRIDGE VILLAGE LIMITED→ SC262049 · est 2004	—	—	—	0	22y	83	75y
SPARK'S MECHANICAL SERVICES LIMITED→ SC102458 · est 1986	—	—	£3.06M	—	39y	83	59y
T & M SLATING LTD.→ SC251627 · est 2003	—	—	—	9	22y	83	59y
WHITEHILLS DEVELOPMENT CO. LTD.→ SC216307 · est 2001	—	—	£49.1k	—	25y	83	75y
A & B BUCHAN LIMITED→ SC375607 · est 2010	—	—	£945.4k	—	16y	82	62y

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

Incorporated1980-06-17

Jurisdictionscotland

Primary SIC43210 — Electrical installation

Registered office

28 Albyn Place

Aberdeen

AB10 1YL

United Kingdom

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2027-04-14

Last: 2026-03-31