ALEXANDER DUTHIE & SONS LIMITED
🌳Matureactive
SC113610 · ltd · incorporated 1988-09-29
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 28.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£2.30M
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
- 41202Construction of domestic buildings
- 43210Electrical installation
- 43220Plumbing, heat and air-conditioning installation
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 28.3y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 28.3 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 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
7 officers (3 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
125 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
70
Strong succession / seller-readiness signals.
Risk profile
85
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 £2,299,033
Net assets shrinking
Down £92,743 YoY
Cash YoY
+38%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£346k
↑ 38% YoY
Net Worth
£2.3m
↓ 3.9% YoY
Current Assets
£3.1m
~ YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £2.31M | £2.43M |
| Current assets | £3.10M | £3.13M |
| Cash | £345.7k | £250.1k |
| Debtors | £119.7k | £99.0k |
| Net assets | £2.30M | £2.39M |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-03-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-12-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-08📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-04-08📄resolutionresolution · RESOLUTIONS
- 2022-04-08📄resolutionresolution · RESOLUTIONS
- 2022-04-08📄capital-alter-shares-subdivisioncapital · SH02
- 2022-04-07📄capital-name-of-class-of-sharescapital · SH08
- 2022-04-06📄resolutionresolution · RESOLUTIONS
- 2021-10-04📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-03-23🔓Charge satisfied #1
- 2021-03-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-03-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2013-10-05🔓Charge satisfied #5
- 2006-04-08🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1999-11-09🔒Charge registered #4Lender: Scottish Homes
- 1999-10-27🔒Charge registered #3Lender: Scottish Homes
- 1998-01-09🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1997-10-01➕DUTHIE, Alexander appointedsecretary
- 1997-09-29➖MASSON & GLENNIE resignedcorporate-nominee-secretary
- 1992-04-03➖DUTHIE, Alexander resigneddirector
- 1992-04-03➖DUTHIE, Annie Strachan resigneddirector
- 1990-04-11➖MACRITCHIE, John Angus resignednominee-director
- 1988-09-29🏢Company incorporatedAs ALEXANDER DUTHIE & SONS LIMITED
- 1988-09-29➕MASSON & GLENNIE appointedcorporate-nominee-secretary
- 1988-09-29➕MACRITCHIE, John Angus appointednominee-director
Owner dependency
89/100
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 "DUTHIE" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
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.
- secondaryStable-but-static management: Company is 38 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Alexander Duthie & Sons (Holdings) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Alexander Duthie & Sons (Holdings) Limited
Corporate parent · holds 75-100% shares
⬇
ALEXANDER DUTHIE & SONS LIMITED
This company · SC113610
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 |
|---|---|---|---|---|
Alexander Duthie & Sons (Holdings) Limited Corporate entity | 75–100% | — | 75-100% shares | 05/05/2021 |
4 historic (ceased) PSCs
- Gail Duthieceased 05/05/2021· 25-50% shares
- Sharon Duthieceased 05/05/2021· 25-50% shares
- Alexander Duthieceased 05/05/2021· 25-50% shares
- Richard Sneddon Duthieceased 05/05/2021· 25-50% shares
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
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|---|---|---|---|---|---|---|---|
| A & R DRYWALLS LTD→ SC482487 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| A MORRIS ROOFING LIMITED→ SC572573 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A R PLASTERING LTD→ SC344231 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| A.R.F JOINERY LIMITED→ SC478418 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ALCORE CONSTRUCTION NORTH EAST LIMITED→ SC506611 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ALLAN ELECTRICS LTD→ SC573665 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDY WATT JOINERY LIMITED→ SC475888 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| ANDYANDERSON LTD→ SC777068 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AROSSCOATINGS LTD→ SC843636 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ASPECT PROPERTY PRO SERVICES LTD→ SC800198 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ATC (HEAT) LTD→ SC440240 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
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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
Incorporated1988-09-29
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings
Registered office
2 St Andrew Street
Peterhead
Aberdeenshire
AB42 1DS
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-16
Last: 2026-03-02
Officers (3 active · 4 resigned)
Active
Active
Active
MASSON & GLENNIE→
Resignedcorporate-nominee-secretary · appointed 1988-09-29 · resigned 1997-09-29
DUTHIE, Alexander→
Resigneddirector · ~62y · resigned 1992-04-03
DUTHIE, Annie Strachan→
Resigneddirector · resigned 1992-04-03
MACRITCHIE, John Angus→
Resignednominee-director · ~63y · appointed 1988-09-29 · resigned 1990-04-11
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 08/04/2006 | 05/10/2013 | |
| outstanding | Scottish Homes | Standard security | 1 property | 09/11/1999 | — | |
| outstanding | Scottish Homes | Standard security | 1 property | 27/10/1999 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 09/01/1998 | 23/03/2021 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (125 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-01
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-03-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-04-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-08
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-04-08