LAS PLANT HIRE LTD

💤Zombieactive

SC158583 · ltd · incorporated 1995-06-12

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.

Why now

Window steady · high confidence

Thesis has shifted recently — watch for confirmation.

· Lifecycle stage: mature → zombie
· Investment thesis: well_run_hard_buy → zombie_hold
· Hygiene score: 90 → 75
· Deal-killer verdict: clean → workable

Opportunity decay

drifting distress · 6-months

Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.

· Lifecycle stage drifting downward
· Currently "zombie"

What changed my view

Last 30 days

Picture worsened over the last 30 days — 4 negative signals vs 1 positive.

↓Lifecycle stage: mature → zombie
·Investment thesis: well_run_hard_buy → zombie_hold
↑Deal-killer verdict: clean → workable
↓Opportunity score: 82 → 74
↓Hygiene score: 90 → 75
+1 more

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£205.3k

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Renting and leasing of construction and civil engineering machinery and equipment

Sector: Administrative & support services

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 31.0y

30/100

under pressure

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

· Oldest live charge is 31.0 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

6 officers (1 active, 6 linked, 4 with DOB)

Ownership & PSC

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

Director network

5 connected companies via shared directors

Filing history

92 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

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 £205,340

Net assets shrinking

Down £620,601 YoY

Cash YoY

+1427%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£50k

↑ 1427% YoY

Net Worth

£205k

↓ 75% YoY

Current Assets

£773k

↑ 24% 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	£437.6k	£1.14M
Current assets	£773.1k	£624.2k
Cash	£50.4k	£3.3k
Debtors	£722.7k	£620.9k
Net assets	£205.3k	£825.9k

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

• 3 officers

Last 90 days

filings

• 3 officers
• 1 confirmation-statement

Last 180 days

filings

• 3 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-07-07
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2026-07-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-07-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-07-02
➖
MURRAY, Jean resigned
secretary
2026-07-02
➖
BONE, Ian Mckeand resigned
director
2026-07-02
➖
MURRAY, Colin Mcdonald resigned
director
2025-09-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-08
📄
accounts-with-accounts-type-small
accounts · AA
2019-09-24
📄
accounts-with-accounts-type-small
accounts · AA
2019-06-24
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2018-09-24
📄
accounts-with-accounts-type-small
accounts · AA
2018-06-21
📄
change-person-director-company-with-change-date
officers · CH01
2018-06-21
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-06-21
📄
change-person-director-company-with-change-date
officers · CH01
2018-06-21
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2017-11-04
🔓
Charge satisfied #1
2017-10-16
🔒
Charge registered #2
Lender: Svenska Handelsbanken Ab (Publ)
2011-09-09
➕
BONE, Ian Mckeand appointed
director
2003-01-01
➕
MURRAY, Richard Colin appointed
director
1995-07-12
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1995-06-12
🏢
Company incorporated
As LAS PLANT HIRE LTD
1995-06-12
➕
MURRAY, Jean appointed
secretary
1995-06-12
➕
REID, Brian appointed
nominee-secretary
1995-06-12
➖
REID, Brian resigned
nominee-secretary
1995-06-12
➕
MABBOTT, Stephen appointed
nominee-director
1995-06-12
➖
MABBOTT, Stephen resigned
nominee-director
1995-06-12
➕
MURRAY, Colin Mcdonald appointed
director

Owner dependency

85/100

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.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

75/100

Likely off-market candidate

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

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 31 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 ·

3 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MURRAY, Jean resigned 2026-07-02; BONE, Ian Mckeand resigned 2026-07-02; MURRAY, Colin Mcdonald resigned 2026-07-02

Group structure

Colin Murray Development Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Colin Murray Development Ltd

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

LAS PLANT HIRE LTD

This company · SC158583

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
Colin Murray Development Ltd Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

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

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Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
STEWART SHAW HOLDINGS LIMITED→ SC080687 · est 1982	£1.09M £800.5k–£1.37M	—	—	89	43y	85	75y
HEWITT ACCOUNT MANAGEMENT LIMITED→ SC693563 · est 2021	£71.3k £52.5k–£90.1k	£28.6k	—	200	5y	84	48y
FORBES LESLIE NETWORK LIMITED→ SC148828 · est 1994	—	—	—	14	32y	83	62y
HEBRIDEAN WHALE AND DOLPHIN TRUST LIMITED→ SC172338 · est 1997 · no financials extracted	—	—	—	—	29y	83	79y
STIRLING & MAIR LIMITED→ SC261547 · est 2004	—	—	£184.0k	—	22y	83	61y
ASCOG LIMITED→ SC244061 · est 2003	—	—	£143.0k	—	23y	82	77y
CASTLETON HOLDINGS LIMITED→ SC246219 · est 2003	—	—	—	0	23y	82	76y
DINARDO PARTNERSHIP LIMITED→ SC124667 · est 1990	—	—	—	100	36y	82	61y
HOMEDREAM LIMITED→ SC219518 · est 2001	—	—	£97.7k	—	25y	82	72y
K A BUSINESS SYSTEMS LIMITED→ SC204602 · est 2000	—	—	£5.6k	—	26y	82	63y
LOBNITZ MARINE HOLDINGS LIMITED→ SC155853 · est 1995	—	—	—	4	31y	82	72y
MACDOU TRANSFERS LIMITED→ SC068864 · est 1979	—	—	£416.1k	—	47y	82	68y

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

🔒Tailored diligence questions

7 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

Incorporated1995-06-12

Jurisdictionscotland

Primary SIC77320 — Renting and leasing of construction and civil engineering machinery and equipment

Registered office

9 Glasgow Road

Paisley

PA1 3QS

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-06-26

Last: 2026-06-12

Officers (1 active · 5 resigned)

MURRAY, Richard Colin→

director · ~50y · appointed 2003-01-01

View their other companies + combined net worth →

Active

MURRAY, Jean→

secretary · appointed 1995-06-12 · resigned 2026-07-02

Resigned

REID, Brian→

nominee-secretary · appointed 1995-06-12 · resigned 1995-06-12

Resigned

BONE, Ian Mckeand→

director · ~57y · appointed 2011-09-09 · resigned 2026-07-02

Resigned

MABBOTT, Stephen→

nominee-director · ~76y · appointed 1995-06-12 · resigned 1995-06-12

Resigned

MURRAY, Colin Mcdonald→

director · ~73y · appointed 1995-06-12 · resigned 2026-07-02

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Svenska Handelsbanken Ab (Publ)	A registered charge	—	16/10/2017	—
	satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	12/07/1995	04/11/2017

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (92 total)

termination-secretary-company-with-name-termination-date

officers · TM02

2026-07-07

termination-director-company-with-name-termination-date

officers · TM01

2026-07-07

termination-director-company-with-name-termination-date

officers · TM01

2026-07-07

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-06-18