P.J. REDFORD (HOMES) LIMITED

💤Zombieactive
SC120968 · ltd · incorporated 1989-10-25
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 Aug 2024
Net worth
£470.3k
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

5 live charges · 5 lenders · oldest 35.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 35.5 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
86 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 declared
Positive net assets
Net assets £470,278

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£470k
~ YoY
Current Assets
£234k
↓ 1.0% YoY
Current Liabilities
—
£0£94k£188k£282k£376k£470kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£542.3k£534.9k
Current assets£233.6k£236.0k
Net assets£470.3k£467.1k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-05-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-08-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-05-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-27
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  7. 2021-02-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2021-01-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2020-10-23
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2020-10-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-10-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2019-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2017-04-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-04-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-04-11
    🔒
    Charge registered #7
    Lender: Bank of Scotland PLC
  17. 2013-12-06
    🔒
    Charge registered #6
    Lender: Angus Council
  18. 2013-12-06
    🔒
    Charge registered #5
    Lender: Scottish Ministers
  19. 2013-12-06
    🔓
    Charge satisfied #1
  20. 2008-11-07
    ➖
    REDFORD, Philip James resigned
    director
  21. 2000-04-20
    🔒
    Charge registered #4
    Lender: Dunfermline Building Society
  22. 1990-10-26
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  23. 1989-10-25
    🏢
    Company incorporated
    As P.J. REDFORD (HOMES) LIMITED

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "REDFORD" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 37 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Lorna May Redford
Individual · British · DOB 05/1956 · age 70
75–100%
—75-100% shares06/04/2016

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 · PH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEAR SCOTLAND LIMITED→
SC206139 · est 2000
£13.00M
£9.29M–£16.72M
———26y8365y
G.S. BROWN CONSTRUCTION LIMITED→
SC047574 · est 1970
£3.14M
£2.24M–£4.03M
——4655y8483y
A. PROCTOR GROUP LIMITED→
SC105054 · est 1987
£1.97M
£1.40M–£2.53M
——10238y8760y
BALHOUSIE GLAZING LIMITED→
SC148115 · est 1993
——£216.9k—32y8370y
ALGO (BLAIRGOWRIE) LIMITED→
SC166057 · est 1996
——£5.05M—29y8285y
CALEDONIAN DEVELOPMENTS LTD.→
SC211941 · est 2000
———20025y8264y
CIOCH LIMITED→
SC169567 · est 1996
——£62.8k—29y8276y
GILLIES & MACKAY LIMITED→
SC237291 · est 2002
——£89.9k—23y8266y
GRM INVESTMENTS LIMITED→
SC346383 · est 2008
——£31.7k—17y8265y
J. F. HALLEY & SON LIMITED→
SC282324 · est 2005
———421y8266y
JAMES MOFFAT CONSTRUCTION LIMITED→
SC333711 · est 2007
——£127.4k—18y8261y
SUTHERS STONEMASONRY LIMITED→
SC799950 · est 2024 · no financials extracted
————2y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1989-10-25
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

1 Charlotte Street
Perth
PH1 5LP

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-10-14
Last: 2025-09-30

Officers (2 active · 1 resigned)

REDFORD, Lorna May→
secretary
View their other companies + combined net worth →
Active
REDFORD, Lorna May→
director · ~70y
View their other companies + combined net worth →
Active
REDFORD, Philip James→
director · ~68y · resigned 2008-11-07
Resigned

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

Mortgages & charges

5
Total charges
4
Outstanding
4
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—11/04/2014—
outstanding
Angus Council
A registered charge1 property06/12/2013—
outstanding
Scottish Ministers
A registered charge1 property06/12/2013—
outstanding
Dunfermline Building Society
Standard security1 property20/04/2000—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property26/10/199006/12/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (86 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-02
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
change-account-reference-date-company-previous-extended
accounts · AA01
2021-04-27
gazette-filings-brought-up-to-date
gazette · DISS40
2021-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-01
gazette-notice-compulsory
gazette · GAZ1
2021-01-19
gazette-filings-brought-up-to-date
gazette · DISS40
2020-10-23