R.T.A. BUILDING & CONSTRUCTION CO. LIMITED

🌳Matureactive

SC177982 · ltd · incorporated 1997-08-15

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 28.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2025

Net worth

£247.9k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Construction of domestic buildings

Sector: Construction

Investor take

Pursue

Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 28.3y

65/100

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.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

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

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

7 officers (2 active, 7 linked, 5 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

1 connected companies via shared directors

Filing history

82 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.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Positive net assets

Net assets £247,872

Net assets shrinking

Down £20,157 YoY

Cash YoY

+81%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£2k

↑ 81% YoY

Net Worth

£248k

↓ 7.5% YoY

Current Assets

£180k

↑ 4.4% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-01-31	2024-01-31
Total assets	£271.4k	£307.1k
Current assets	£180.3k	£172.7k
Cash	£1.8k	£996
Debtors	£110.5k	£102.4k
Net assets	£247.9k	£268.0k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (30 events)Click to expand

2025-11-18
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-14
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-09-26
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-24
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-20
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-10-08
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-10-27
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2019-10-08
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2018-10-17
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2017-10-16
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-08-21
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-04-27
📄
capital-cancellation-shares
capital · SH06
2016-10-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-13
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-09-11
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-15
➖
NICOL, John resigned
director
2015-08-14
➖
NICOL, John resigned
secretary
2008-04-02
➖
MACLAREN, Archibald resigned
director
1999-07-16
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1998-01-16
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1997-10-30
➕
NICOL, John appointed
director
1997-10-13
➕
NICOL, Robert Lowe appointed
director
1997-10-13
➕
WILSON, Iain appointed
director
1997-10-13
➕
NICOL, John appointed
secretary
1997-10-13
➖
MESSRS THORNTONS WS resigned
corporate-nominee-secretary
1997-10-13
➖
HUTCHESON, Iain Henderson resigned
director
1997-10-13
➕
MACLAREN, Archibald appointed
director
1997-08-15
🏢
Company incorporated
As R.T.A. BUILDING & CONSTRUCTION CO. LIMITED
1997-08-15
➕
MESSRS THORNTONS WS appointed
corporate-nominee-secretary
1997-08-15
➕
HUTCHESON, Iain Henderson appointed
director

Owner dependency

76/100

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.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

76/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 29 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Robert Lowe Nicol Individual · British · DOB 06/1966 · age 60	25–50%	—	25-50% shares	06/04/2016
Mr Iain Wilson Individual · British · DOB 09/1968 · age 58	25–50%	—	25-50% shares	06/04/2016

1 historic (ceased) PSC

Mr John Nicolceased 07/03/2017· 25-50% 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 · FK postcode area

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OGILVIE CONSTRUCTION LIMITED→ SC069644 · est 1979	£3.01M £2.15M–£3.87M	—	—	146	46y	94	70y
JAMES STRANG LIMITED→ SC100720 · est 1986	£479.5k £342.5k–£616.5k	—	—	53	39y	88	64y
CONCEPT INSTALLATIONS ALLOA LTD→ SC719515 · est 2022	£48.5k £34.6k–£62.3k	£89.0k	—	100	4y	84	46y
SCA CARPENTRY & BUILDING SERVICES LTD→ SC771129 · est 2023	£35.3k £25.2k–£45.4k	£126.2k	—	200	2y	83	33y
CENTRAL DEMOLITION LIMITED→ SC172244 · est 1997	—	—	£8.08M	—	29y	83	60y
FES LIMITED→ SC053848 · est 1973 · no financials extracted	—	—	—	—	52y	83	84y
GBSS CIVIL ENGINEERING LTD→ SC357477 · est 2009	—	—	—	29	17y	83	59y
IMAGING SUPPLIES LIMITED→ SC176285 · est 1997	—	—	—	5	28y	83	58y
MCG RAIL LIMITED→ SC356959 · est 2009	—	—	—	300	17y	83	58y
R. LINDSAY AND COMPANY (CONTRACTORS) LIMITED→ SC063657 · est 1977	—	—	—	28	48y	83	59y
STIRLING STONE LIMITED→ SC129229 · est 1991	—	—	£295.0k	—	35y	83	80y

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.

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Company details

Statusactive

Typeltd

Incorporated1997-08-15

Jurisdictionscotland

Primary SIC41202 — Construction of domestic buildings

Registered office

Unit 1

Lochill Industrial Estate

Doune

Perthshire

FK16 6AU

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2026-08-29

Last: 2025-08-15

Officers (2 active · 5 resigned)

NICOL, Robert Lowe→

director · ~60y · appointed 1997-10-13

View their other companies + combined net worth →

Active

WILSON, Iain→

director · ~58y · appointed 1997-10-13

View their other companies + combined net worth →

Active

NICOL, John→

secretary · appointed 1997-10-13 · resigned 2015-08-14

Resigned

MESSRS THORNTONS WS→

corporate-nominee-secretary · appointed 1997-08-15 · resigned 1997-10-13

Resigned

HUTCHESON, Iain Henderson→

director · ~64y · appointed 1997-08-15 · resigned 1997-10-13

Resigned

MACLAREN, Archibald→

director · ~85y · appointed 1997-10-13 · resigned 2008-04-02

Resigned

NICOL, John→

director · ~59y · appointed 1997-10-30 · resigned 2015-08-15

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	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	16/07/1999	—
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	16/01/1998	—

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