STIRLING STONE LIMITED

🌳Matureactive

SC129229 · ltd · incorporated 1991-01-08

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£295.0k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Construction of commercial buildings

Sector: Construction

Investor take

Pursue

Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 80). 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 (65/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 31.8y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 31.8 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.

Data confidence

Overall: high (82/100)

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

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

20 officers (7 active, 20 linked, 16 with DOB)

Ownership & PSC

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

Director network

10 connected companies via shared directors

Filing history

124 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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

Positive net assets

Net assets £295,018

Net assets shrinking

Down £783,789 YoY

Cash YoY

-10%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£158k

↓ 10% YoY

Net Worth

£295k

↓ 73% YoY

Current Assets

£1.5m

↓ 39% YoY

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
Total assets	£333.0k	£1.13M
Current assets	£1.53M	£2.50M
Cash	£157.6k	£175.2k
Debtors	£1.35M	£2.30M
Net assets	£295.0k	£1.08M

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (57 events)Click to expand

2025-10-17
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-27
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-07-09
➖
LITTLE, Ronnie resigned
director
2023-08-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-16
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-12-03
➕
TURNBULL, Kenneth appointed
director
2022-08-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-02
📄
change-person-director-company-with-change-date
officers · CH01
2021-02-02
📄
change-person-secretary-company-with-change-date
officers · CH03
2021-01-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-11-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-26
➖
TURNBULL, James Reginald resigned
director
2020-10-08
📄
legacy
other · AGREEMENT2
2020-10-08
📄
legacy
other · GUARANTEE2
2020-08-03
📄
mortgage-satisfy-charge-full
mortgage · MR04
2020-08-03
🔓
Charge satisfied #1
2020-07-02
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2020-06-30
🔒
Charge registered #5
Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
2019-09-02
📄
accounts-with-accounts-type-small
accounts · AA
2019-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-12-31
➖
MARSHALL, David Howard resigned
director
2017-11-28
➕
TURNBULL, Karen Louise appointed
director
2017-11-28
➕
LITTLE, Ronnie appointed
director
2017-11-28
➕
TURNBULL, James Reginald appointed
director
2015-05-28
➖
THOMSON, Craig resigned
director
2013-09-01
➕
DUNN, John appointed
director
2013-09-01
➕
MARSHALL, Garry James appointed
director
2013-03-31
➖
CAIRNS, Henry resigned
director
2013-03-31
➖
MCMILLAN, Andrew resigned
director
2008-02-01
➕
SMITH, William Robert Cameron appointed
director
2007-04-02
➖
MCINTYRE, Ronald Thomas resigned
director
2006-09-04
➕
MARSHALL, David Howard appointed
director
2006-09-01
➕
THOMSON, Craig appointed
director
2005-04-21
➕
TURNBULL, Henry appointed
secretary
2005-04-21
➖
TAYLOR, Gordon John resigned
secretary
2005-01-31
➖
TAYLOR, Gordon John resigned
director
2003-10-28
🔒
Charge registered #4
Lender: Wordie Properties Limited
2003-10-24
🔒
Charge registered #3
Lender: Clydesdale Bank Public Limited Company
2002-02-01
➕
MCINTYRE, Ronald Thomas appointed
director
2002-01-31
➖
GRANT, Douglas Robertson resigned
director
2001-11-27
➖
GRANT, Douglas Robertson resigned
secretary
2001-11-27
➕
TAYLOR, Gordon John appointed
secretary
2001-11-27
➕
TAYLOR, Gordon John appointed
director
1995-10-02
🔒
Charge registered #2
Lender: Clydesdale Bank Public Limited Company
1994-07-13
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1991-02-01
➕
CAIRNS, Henry appointed
director
1991-02-01
➕
GRANT, Douglas Robertson appointed
director
1991-02-01
➕
MCMILLAN, Andrew appointed
director

Showing most recent 50 of 57 events

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 80 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

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 80 years old. Natural succession window is now.
primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 35 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.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Henry Turnbull Individual · British · DOB 08/1946 · age 80	—	—	sig. influencesignificant influence	08/01/2017

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 · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FORSYTH OF DENNY LIMITED→ SC105626 · est 1987	£5.36M £3.83M–£6.89M	—	—	10900	38y	85	61y
OGILVIE CONSTRUCTION LIMITED→ SC069644 · est 1979	£3.01M £2.15M–£3.87M	—	—	146	46y	94	70y
JAMES STRANG LIMITED→ SC100720 · est 1986	£479.5k £342.5k–£616.5k	—	—	53	39y	88	64y
CONCEPT INSTALLATIONS ALLOA LTD→ SC719515 · est 2022	£48.5k £34.6k–£62.3k	£89.0k	—	100	4y	84	46y
SCA CARPENTRY & BUILDING SERVICES LTD→ SC771129 · est 2023	£35.3k £25.2k–£45.4k	£126.2k	—	200	2y	83	33y
CENTRAL DEMOLITION LIMITED→ SC172244 · est 1997	—	—	£8.08M	—	29y	83	60y
FES LIMITED→ SC053848 · est 1973 · no financials extracted	—	—	—	—	52y	83	84y
GBSS CIVIL ENGINEERING LTD→ SC357477 · est 2009	—	—	—	29	17y	83	59y
IMAGING SUPPLIES LIMITED→ SC176285 · est 1997	—	—	—	5	28y	83	58y
MCG RAIL LIMITED→ SC356959 · est 2009	—	—	—	300	17y	83	58y
R. LINDSAY AND COMPANY (CONTRACTORS) LIMITED→ SC063657 · est 1977	—	—	—	28	48y	83	59y
R.T.A. BUILDING & CONSTRUCTION CO. LIMITED→ SC177982 · est 1997	—	—	£247.9k	—	28y	83	60y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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.

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Company details

Statusactive

Typeltd

Incorporated1991-01-08

Jurisdictionscotland

Primary SIC41201 — Construction of commercial buildings

Registered office

Wallace House

Whitehouse Road

Stirling

FK7 7TA

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2027-01-22

Last: 2026-01-08