DAVID HARDIE ENGINEERING LTD.

📈Growthactive
SC162759 · ltd · incorporated 1996-01-18
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 29.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Development of building projects
Sector: Construction
ALSO REGISTERED FOR
  • 42990Construction of other civil engineering projects n.e.c.
Investor take
Pursue
Conservative operator with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

🏦

Refinance opportunity

1 live charge · oldest 29.9y

95/100
ready

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

  • · Oldest live charge is 29.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (5 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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 · FRS 102
Profitable
Profit before tax £419,134

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Profit before tax£419.1k£39.7k
Average employees686900

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

🔒Filing-note intelligence

2 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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-12-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-03-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-03-10
    🔓
    Charge satisfied #1
  4. 2024-12-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2023-12-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2022-11-17
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2022-10-18
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2022-09-15
    ➕
    CLARK, Ian Maxwell appointed
    director
  9. 2022-09-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2022-06-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2022-06-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2022-06-17
    📄
    capital-allotment-shares
    capital · SH01
  13. 2022-06-17
    📄
    capital-allotment-shares
    capital · SH01
  14. 2022-06-17
    📄
    memorandum-articles
    incorporation · MA
  15. 2022-06-17
    📄
    capital-name-of-class-of-shares
    capital · SH08
  16. 2022-06-17
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  17. 2022-06-17
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  18. 2022-06-17
    📄
    capital-name-of-class-of-shares
    capital · SH08
  19. 2022-06-17
    📄
    memorandum-articles
    incorporation · MA
  20. 2022-04-01
    ➕
    CORDLEY, Aaron Antony appointed
    director
  21. 2022-04-01
    ➕
    WILSON, Andrew Gordon appointed
    director
  22. 2021-11-29
    📄
    accounts-with-accounts-type-small
    accounts · AA
  23. 2021-03-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  24. 1996-06-04
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  25. 1996-01-19
    ➕
    HARDIE, Fiona appointed
    secretary
  26. 1996-01-19
    ➕
    HARDIE, David George appointed
    director
  27. 1996-01-18
    🏢
    Company incorporated
    As DAVID HARDIE ENGINEERING LTD.
  28. 1996-01-18
    ➕
    REID, Brian appointed
    nominee-secretary
  29. 1996-01-18
    ➖
    REID, Brian resigned
    nominee-secretary
  30. 1996-01-18
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  31. 1996-01-18
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

80/100
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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "HARDIE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

80/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 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

Hardie Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Hardie Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
DAVID HARDIE ENGINEERING LTD.
This company · SC162759

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
Hardie Holdings Ltd
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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
Incorporated1996-01-18
Jurisdictionscotland
Primary SIC41100 — Development of building projects

Registered office

Braeside
Kirkgunzeon
Dumfries
DG2 8LA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-01
Last: 2026-01-18

Officers (5 active · 2 resigned)

HARDIE, Fiona→
secretary · appointed 1996-01-19
View their other companies + combined net worth →
Active
CLARK, Ian Maxwell→
director · ~64y · appointed 2022-09-15
View their other companies + combined net worth →
Active
CORDLEY, Aaron Antony→
director · ~39y · appointed 2022-04-01
View their other companies + combined net worth →
Active
HARDIE, David George→
director · ~66y · appointed 1996-01-19
View their other companies + combined net worth →
Active
WILSON, Andrew Gordon→
director · ~47y · appointed 2022-04-01
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1996-01-18 · resigned 1996-01-18
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1996-01-18 · resigned 1996-01-18
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property04/06/199610/03/2025

Recent filings (82 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-27
accounts-with-accounts-type-full
accounts · AA
2025-12-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-23
accounts-with-accounts-type-full
accounts · AA
2024-12-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
accounts-with-accounts-type-full
accounts · AA
2023-12-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-23
accounts-with-accounts-type-full
accounts · AA
2022-11-17
resolution
resolution · RESOLUTIONS
2022-10-18
appoint-person-director-company-with-name-date
officers · AP01
2022-09-15
appoint-person-director-company-with-name-date
officers · AP01
2022-06-20
appoint-person-director-company-with-name-date
officers · AP01
2022-06-20
capital-allotment-shares
capital · SH01
2022-06-17
capital-allotment-shares
capital · SH01
2022-06-17