STEVENSON & KELLY (ROOF TRUSSES) LIMITED
🌳Matureactive
SC111708 · ltd · incorporated 1988-06-17
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 Apr 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Sawmilling and planing of wood
Sector: Manufacturing
Investor take
PursueActive trading company with a 62-year-old founder — textbook succession opportunity.
Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (80/100, director aged 62). 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 (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 37.7y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 37.7 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (77/100)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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-04-30 | 2024-04-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
1 signal 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
5
filings
- • 4 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
7
filings
- • 4 persons-with-significant-control
- • 2 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2026-03-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-03-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-01-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-01-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-04-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-02-21➖RALSTON, Thomas Borland resigneddirector
- 2023-10-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-01-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-22📄resolutionresolution · RESOLUTIONS
- 2018-11-22📄resolutionresolution · RESOLUTIONS
- 2018-11-13📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2016-04-06➕ROSS, David Mitchell appointeddirector
- 1998-03-23➕CLARK, Daniel Mcdonald appointedsecretary
- 1998-03-23➕CLARK, Daniel Mcdonald appointeddirector
- 1998-03-23🔓Charge satisfied #3
- 1998-03-23🔓Charge satisfied #2
- 1998-03-20🔒Charge registered #5Lender: William Anderson
- 1998-03-12➖ANDERSON, William resignedsecretary
- 1998-03-12➖ANDERSON, William resigneddirector
- 1995-11-16🔓Charge satisfied #1
- 1993-02-17🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1992-11-24➕RALSTON, Thomas Borland appointeddirector
- 1992-09-18🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1988-08-31🔒Charge registered #1Lender: Hill Samuel & Co. LTD
- 1988-06-17🏢Company incorporatedAs STEVENSON & KELLY (ROOF TRUSSES) LIMITED
Owner dependency
76/100
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.
- +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 38 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
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
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Fraser Ralston Individual · British · DOB 10/1975 · age 51 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/04/2025 |
Ms Gillian Ralston Individual · British · DOB 12/1970 · age 56 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/04/2025 |
Mr Thomas Craig Buchanan Ralston Individual · British · DOB 12/1967 · age 59 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 30/04/2025 |
1 historic (ceased) PSC
- Mr Tom Ralsonceased 21/02/2024· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BSB STRUCTURAL LTD.→ SC277667 · est 2004 | £13.76M £10.70M–£16.82M | £20.18M | — | 7300 | 21y | 85 | 65y |
| BROWN MCFARLANE LIMITED→ SC121113 · est 1989 | £6.25M £4.87M–£7.64M | — | — | 92 | 36y | 87 | 60y |
| IMV TECHNOLOGIES UK LIMITED→ SC085981 · est 1983 | £5.78M £4.49M–£7.06M | £16.44M | — | 66 | 42y | 83 | 59y |
| RAINBOW BLINDS AND FABRICS LIMITED→ SC191505 · est 1998 | £1.52M £1.18M–£1.86M | £4.18M | — | 5100 | 27y | 88 | 64y |
| BRYSON TRACTORS LIMITED→ SC235088 · est 2002 | £949.1k £738.2k–£1.16M | — | — | 41 | 23y | 87 | 62y |
| BROWN MCFARLANE PRECISION ENGINEERING LIMITED→ SC652564 · est 2020 | £882.0k £686.0k–£1.08M | — | — | 6 | 6y | 83 | 60y |
| PARKBURN PRECISION HANDLING SYSTEMS LIMITED→ SC158127 · est 1995 | £570.0k £443.3k–£696.7k | — | — | 68 | 30y | 85 | 69y |
| CONSARC ENGINEERING LIMITED→ SC019918 · est 1937 · no financials extracted | — | — | — | — | 88y | 83 | 79y |
| CRANE MAINTAIN LTD→ SC317952 · est 2007 | — | — | £766.5k | — | 19y | 83 | 59y |
| GLENISLA KILTS LIMITED→ SC217626 · est 2001 | — | — | £63.7k | — | 25y | 83 | 74y |
| HUGH LOGAN PLANT & ENGINEERING SERVICES LIMITED→ SC060061 · est 1976 · no financials extracted | — | — | — | — | 49y | 83 | 59y |
| JAMES COWIE & CO. LIMITED→ SC039171 · est 1963 · no financials extracted | — | — | — | — | 62y | 83 | 59y |
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
Incorporated1988-06-17
Jurisdictionscotland
Primary SIC16100 — Sawmilling and planing of wood
Registered office
Unit 4
Stirling Road Industrial Estate
Airdrie
ML6 7UD
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03
Officers (3 active · 3 resigned)
CLARK, Daniel Mcdonald→
Activesecretary · appointed 1998-03-23
View their other companies + combined net worth →
CLARK, Daniel Mcdonald→
Activedirector · ~62y · appointed 1998-03-23
View their other companies + combined net worth →
ROSS, David Mitchell→
Activedirector · ~59y · appointed 2016-04-06
View their other companies + combined net worth →
ANDERSON, William→
Resignedsecretary · resigned 1998-03-12
ANDERSON, William→
Resigneddirector · ~80y · resigned 1998-03-12
RALSTON, Thomas Borland→
Resigneddirector · ~84y · appointed 1992-11-24 · resigned 2024-02-21
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | William Anderson | Standard security | 1 property | 20/03/1998 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 17/02/1993 | 23/03/1998 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 18/09/1992 | 23/03/1998 | |
| satisfied | Hill Samuel & Co. Hill Samuel & Co. LTD | Debenture and floating charge | 1 property | 31/08/1988 | 16/11/1995 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (130 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-03-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-03
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
termination-director-company-with-name-termination-date
officers · TM01
2024-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-31