BARCLAY ERSKINE LIMITED

🌳Matureactive
SC163858 · ltd · incorporated 1996-03-04
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Mar 2025
Net worth
£14.2k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
ALSO REGISTERED FOR
  • 43290Other construction installation
  • 47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -93% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 18.5y

45/100
under pressure

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

  • · Oldest live charge is 18.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (77/100)

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
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
9 officers (3 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
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 £14,208
Cash draining
Cash down 93% YoY
Cash YoY
-93%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£9k
↓ 93% YoY
Net Worth
£14k
↑ 310% YoY
Current Assets
£175k
↓ 8.4% YoY
Current Liabilities
—
£0£38k£76k£115k£153k£191kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£92.0k£38.4k
Current assets£175.1k£191.2k
Cash£9.3k£128.0k
Debtors£152.2k£50.9k
Net assets£14.2k£3.5k

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
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-04-23
    ➖
    THOM, Louise resigned
    director
  2. 2026-04-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-05-06
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  5. 2025-05-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-05-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-03-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-03-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2021-03-01
    ➕
    THOM, Louise appointed
    director
  15. 2021-03-01
    ➕
    THOM, Louise appointed
    director
  16. 2020-09-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2020-09-22
    🔓
    Charge satisfied #1
  18. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-06-17
    📄
    capital-cancellation-shares
    capital · SH06
  20. 2019-06-17
    📄
    resolution
    resolution · RESOLUTIONS
  21. 2019-06-17
    📄
    capital-return-purchase-own-shares
    capital · SH03
  22. 2019-03-04
    ➖
    THOM, Alan Walter resigned
    director
  23. 2018-10-20
    ➖
    THOM, Lily Monk resigned
    director
  24. 2014-01-01
    ➕
    MARSHALL, Andrew Robert Wilson appointed
    secretary
  25. 2014-01-01
    ➖
    THOM, Lily Monk resigned
    secretary
  26. 2013-03-01
    ➕
    THOM, Kenneth appointed
    director
  27. 2007-12-24
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  28. 1996-03-04
    🏢
    Company incorporated
    As BARCLAY ERSKINE LIMITED
  29. 1996-03-04
    ➕
    REID, Brian appointed
    nominee-secretary
  30. 1996-03-04
    ➖
    REID, Brian resigned
    nominee-secretary
  31. 1996-03-04
    ➕
    THOM, Lily Monk appointed
    secretary
  32. 1996-03-04
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  33. 1996-03-04
    ➖
    MABBOTT, Stephen resigned
    nominee-director
  34. 1996-03-04
    ➕
    THOM, Alan Walter appointed
    director
  35. 1996-03-04
    ➕
    THOM, Lily Monk appointed
    director

Owner dependency

66/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 years.
  • 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Thom
Individual · British · DOB 03/1979 · age 47
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Alan Walter Thomceased 16/03/2019· 25-50% shares · 25-50% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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GEORGE LESLIE LIMITED→
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——29223y8663y
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————35y8375y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1996-03-04
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

Unit G Duchess Place
Rutherglen
Glasgow
G73 1DR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-05-03
Last: 2026-04-19

Officers (3 active · 6 resigned)

MARSHALL, Andrew Robert Wilson→
secretary · appointed 2014-01-01
View their other companies + combined net worth →
Active
THOM, Kenneth→
director · ~47y · appointed 2013-03-01
View their other companies + combined net worth →
Active
THOM, Louise→
director · ~47y · appointed 2021-03-01
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1996-03-04 · resigned 1996-03-04
Resigned
THOM, Lily Monk→
secretary · appointed 1996-03-04 · resigned 2014-01-01
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1996-03-04 · resigned 1996-03-04
Resigned
THOM, Alan Walter→
director · ~78y · appointed 1996-03-04 · resigned 2019-03-04
Resigned
THOM, Lily Monk→
director · ~76y · appointed 1996-03-04 · resigned 2018-10-20
Resigned
THOM, Louise→
director · ~47y · appointed 2021-03-01 · resigned 2026-04-23
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 Royal Bank of Scotland PLC
Bond & floating charge1 property24/12/200722/09/2020

Recent filings (89 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-30
termination-director-company-with-name-termination-date
officers · TM01
2026-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-27
second-filing-of-director-appointment-with-name
officers · RP04AP01
2025-05-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
appoint-person-director-company-with-name-date
officers · AP01
2025-05-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-12