LAS PLANT HIRE LTD

🌳Matureactive
SC158583 · ltd · incorporated 1995-06-12
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 30.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£205.3k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Renting and leasing of construction and civil engineering machinery and equipment
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 73). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 30.8y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 30.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 £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
—
£0£165k£330k£496k£661k£826kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2019-09-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2019-06-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  9. 2018-09-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  10. 2018-06-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2018-06-21
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  12. 2018-06-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2018-06-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-11-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2017-11-04
    🔓
    Charge satisfied #1
  16. 2017-11-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2017-10-16
    🔒
    Charge registered #2
    Lender: Svenska Handelsbanken Ab (Publ)
  18. 2017-09-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2011-09-09
    ➕
    BONE, Ian Mckeand appointed
    director
  20. 2003-01-01
    ➕
    MURRAY, Richard Colin appointed
    director
  21. 1995-07-12
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 1995-06-12
    🏢
    Company incorporated
    As LAS PLANT HIRE LTD
  23. 1995-06-12
    ➕
    MURRAY, Jean appointed
    secretary
  24. 1995-06-12
    ➕
    MURRAY, Colin Mcdonald appointed
    director
  25. 1995-06-12
    ➕
    REID, Brian appointed
    nominee-secretary
  26. 1995-06-12
    ➖
    REID, Brian resigned
    nominee-secretary
  27. 1995-06-12
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  28. 1995-06-12
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — 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 73 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 31 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

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

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%
NameSharesVoting rightsNature of controlNotified
Colin Murray Development Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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 →

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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: 2026-06-26
Last: 2025-06-12

Officers (4 active · 2 resigned)

MURRAY, Jean→
secretary · appointed 1995-06-12
View their other companies + combined net worth →
Active
BONE, Ian Mckeand→
director · ~57y · appointed 2011-09-09
View their other companies + combined net worth →
Active
MURRAY, Colin Mcdonald→
director · ~73y · appointed 1995-06-12
View their other companies + combined net worth →
Active
MURRAY, Richard Colin→
director · ~50y · appointed 2003-01-01
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1995-06-12 · resigned 1995-06-12
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1995-06-12 · resigned 1995-06-12
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Svenska Handelsbanken Ab (Publ)
A registered charge—16/10/2017—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property12/07/199504/11/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (88 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-15
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-21
accounts-with-accounts-type-small
accounts · AA
2020-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-29
accounts-with-accounts-type-small
accounts · AA
2019-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2019-06-24