ADVANCE UTILITIES (SCOTLAND) LTD

🌳Matureactive

SC157842 · ltd · incorporated 1995-05-03

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 Mar 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Development of building projects

Sector: Construction

ALSO REGISTERED FOR

42220SIC 42220
71129Other engineering activities

Investor take

Pursue

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 65/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 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 (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

11 officers (6 active, 11 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

16 connected companies via shared directors

Filing history

95 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.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-03-31
Average employees	53

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

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2026-03-27
📄
accounts-with-accounts-type-small
accounts · AA
2025-12-16
📄
change-person-secretary-company-with-change-date
officers · CH03
2025-03-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-02-20
➕
PANKHURST, Drew appointed
director
2025-01-13
📄
accounts-with-accounts-type-small
accounts · AA
2024-11-26
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-11-25
➕
BRINDLE, Liam Henderson appointed
director
2024-01-15
📄
accounts-with-accounts-type-small
accounts · AA
2023-05-16
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-25
📄
accounts-with-accounts-type-small
accounts · AA
2023-01-24
📄
change-person-director-company-with-change-date
officers · CH01
2023-01-24
📄
change-person-secretary-company-with-change-date
officers · CH03
2022-09-14
➕
CALLAGHAN, David appointed
director
2022-09-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-04-04
📄
accounts-with-accounts-type-small
accounts · AA
2021-07-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-07-06
📄
capital-allotment-shares
capital · SH01
2021-04-07
📄
accounts-with-accounts-type-small
accounts · AA
2021-03-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-03-10
➕
DIGNALL, Thomas Bryce appointed
director
2020-01-07
📄
accounts-with-accounts-type-small
accounts · AA
2019-09-12
📄
resolution
resolution · RESOLUTIONS
2007-01-19
🔒
Charge registered #4
Lender: The Royal Bank of Scotland PLC
2007-01-19
🔒
Charge registered #3
Lender: James Hamilton and Others
2006-12-01
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
1998-11-30
➕
SHIELDS, Daniella appointed
secretary
1998-11-30
➖
SHIELDS, James Martin resigned
secretary
1998-11-30
➖
O'CONNOR, Bernard resigned
director
1998-02-02
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1997-05-16
➕
O'CONNOR, Bernard appointed
director
1997-05-16
➖
SHIELDS, Brendan Joseph resigned
director
1995-05-03
🏢
Company incorporated
As ADVANCE UTILITIES (SCOTLAND) LTD
1995-05-03
➕
SHIELDS, James Martin appointed
director
1995-05-03
➕
REID, Brian appointed
secretary
1995-05-03
➖
REID, Brian resigned
secretary
1995-05-03
➕
SHIELDS, James Martin appointed
secretary
1995-05-03
➕
MABBOTT, Stephen appointed
nominee-director
1995-05-03
➖
MABBOTT, Stephen resigned
nominee-director
1995-05-03
➕
SHIELDS, Brendan Joseph appointed
director

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 31 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

clean

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

Group structure

Advance Construction Group Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️

Advance Construction Group Limited

Corporate parent · holds 50-75% shares

majority

⬇

ADVANCE UTILITIES (SCOTLAND) LTD

This company · SC157842

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Advance Construction Group Limited Corporate entity	50–75%	50–75%	50-75% shares · 50-75% voting · firm interest	10/05/2020

1 historic (ceased) PSC

Advance Construction Group Ltdceased 15/05/2023· 75-100% 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

Active · Construction · ML postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
STARFISH 9 LTD→ SC358097 · est 2009	£28.53M £20.38M–£36.68M	£26.35M	—	5500	17y	95	68y
ADVANCE FLOORING SOLUTIONS LTD→ SC492317 · est 2014	£3.21M £2.29M–£4.12M	—	—	25	11y	83	58y
LINEAR DESIGN AND CONSTRUCT LIMITED→ SC607605 · est 2018	£3.13M £2.23M–£4.02M	—	—	3400	7y	83	59y
A.C. ELECTRICS (CLELAND) LTD.→ SC269237 · est 2004	—	—	—	—	21y	83	62y
ADVANCE CONSTRUCTION (SCOTLAND) LIMITED→ SC202570 · est 1999 · no financials extracted	—	—	—	—	26y	83	68y
BRANNOCK DECORATORS LTD.→ SC218053 · est 2001	—	—	£419.3k	—	25y	83	63y
INTERNOS BUILDERS LTD.→ SC215428 · est 2001	—	—	£306.4k	—	25y	83	82y
JMS PLANT HIRE LIMITED→ SC191902 · est 1998 · no financials extracted	—	—	—	—	27y	83	68y
MAQ (AIR CONDITIONING) LIMITED→ SC314817 · est 2007	—	—	£307.9k	—	19y	83	70y
RSD GLASS WORKS LIMITED→ SC282519 · est 2005	—	—	£78.6k	—	21y	83	66y
SPECTRUM DECORATING LTD.→ SC172495 · est 1997	—	—	£222.7k	—	29y	83	66y
SPL POWERLINES UK LIMITED→ SC202412 · est 1999 · no financials extracted	—	—	—	—	26y	83	63y

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.

See pricing →

Company details

Statusactive

Typeltd

Incorporated1995-05-03

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

Caldergrove House 4 Linnet Way

Strathclyde Business Park

Bellshill

Lanarkshire

ML4 3RA

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-04-08

Last: 2026-03-25