PAVCO (UK) LIMITED

💤Zombieactive
SC180564 · ltd · incorporated 1997-11-12
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.
🔒Estimated value
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Turnover
year to Nov 2024
Net worth
£2
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
ALSO REGISTERED FOR
  • 74990Non-trading company
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

1 live charge · oldest 25.7y

45/100
under pressure

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

  • · Oldest live charge is 25.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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, 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
4 officers (2 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
72 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 £2
Net assets shrinking
Down £56,596 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2
↓ 100% YoY
Current Assets
£57k
Current Liabilities
£0£11k£23k£34k£45k£57kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£2£56.6k
Current assets£56.6k
Net assets£2£56.6k

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

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2023-12-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-11-02
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2019-10-29
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  11. 2019-01-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2018-10-30
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2018-07-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-08-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2017-01-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2000-09-25
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  17. 1997-12-16
    LAWRIE, Ian Taylor appointed
    secretary
  18. 1997-12-16
    WATSON, John Knox appointed
    director
  19. 1997-12-16
    BRIGHTON SECRETARY LIMITED resigned
    corporate-nominee-secretary
  20. 1997-12-16
    BRIGHTON DIRECTOR LIMITED resigned
    corporate-nominee-director
  21. 1997-11-12
    🏢
    Company incorporated
    As PAVCO (UK) LIMITED
  22. 1997-11-12
    BRIGHTON SECRETARY LIMITED appointed
    corporate-nominee-secretary
  23. 1997-11-12
    BRIGHTON DIRECTOR LIMITED appointed
    corporate-nominee-director

Owner dependency

100/100
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 28 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

95/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 28 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Knox Watson
Individual · British · DOB 08/1961 · age 65
2550%
25-50% shares06/04/2016

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

8 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
Incorporated1997-11-12
Jurisdictionscotland
Primary SIC42990 — Construction of other civil engineering projects n.e.c.

Registered office

Cockrigg Cottage
Glenbrook
Balerno
EH14 7JE
United Kingdom

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-22
Last: 2025-12-08

Officers (2 active · 2 resigned)

LAWRIE, Ian Taylor
secretary · appointed 1997-12-16
View their other companies + combined net worth →
Active
WATSON, John Knox
director · ~65y · appointed 1997-12-16
View their other companies + combined net worth →
Active
BRIGHTON SECRETARY LIMITED
corporate-nominee-secretary · appointed 1997-11-12 · resigned 1997-12-16
Resigned
BRIGHTON DIRECTOR LIMITED
corporate-nominee-director · appointed 1997-11-12 · resigned 1997-12-16
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property25/09/2000
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (72 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-05
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2021-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-31