THISTLE TIMBER AND BUILDING SUPPLIES LIMITED
- · Oldest live charge 27.7y old — refinance window within 12 months
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (85/100).
Refinance opportunity
1 live charge · oldest 27.7y
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 27.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
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 →Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · FRS 102Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Profit before tax | £1.03M | £1.08M |
| Average employees | 6000 | 5400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
Corporate timeline (25 events)Click to expand
- 2025-09-10📄accounts-with-accounts-type-fullaccounts · AA
- 2024-09-27📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-22📄accounts-with-accounts-type-fullaccounts · AA
- 2022-10-24📄capital-allotment-sharescapital · SH01
- 2022-09-28📄accounts-with-accounts-type-fullaccounts · AA
- 2022-09-28📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-09-28📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-09-09📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2022-09-09📄capital-name-of-class-of-sharescapital · SH08
- 2022-09-09📄resolutionresolution · RESOLUTIONS
- 2022-09-09📄memorandum-articlesincorporation · MA
- 2022-02-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-02-11🔓Charge satisfied #3
- 2021-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-22📄accounts-with-accounts-type-smallaccounts · AA
- 2018-10-05📄accounts-with-accounts-type-smallaccounts · AA
- 2008-04-01➕ALLEN, Ann appointedsecretary
- 2008-04-01➖ALLEN, David John resignedsecretary
- 2008-03-30➖BARR, Andrew Clark resigneddirector
- 1998-09-08🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 1998-02-05🏢Company incorporatedAs THISTLE TIMBER AND BUILDING SUPPLIES LIMITED
- 1998-02-05➕ALLEN, David John appointeddirector
- 1998-02-05➕ALLEN, David John appointedsecretary
- 1998-02-05➕BARR, Andrew Clark appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- 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 28 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
cleanGroup structure
Thistle T&Bs Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Thistle T&Bs Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 07/07/2022 |
1 historic (ceased) PSC
- Mr David John Allenceased 07/07/2022· 75-100% shares · 75-100% voting · board control · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Wholesale & distribution · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| WESTON IMPORTERS LTD.→ SC302951 · est 2006 | £518.01M £388.51M–£647.51M | — | — | 10 | 19y | 84 | 58y |
| J GAS LIMITED→ SC274899 · est 2004 | £15.28M £11.46M–£19.10M | — | — | 72 | 21y | 84 | 61y |
| BEER52 LIMITED→ SC449930 · est 2013 | £13.17M £9.87M–£16.46M | — | — | 84 | 12y | 84 | 69y |
| MACINTYRE SCOTT & CO. LIMITED→ SC017592 · est 1933 | £8.29M £6.21M–£10.36M | £73.38M | — | 6500 | 92y | 83 | 67y |
| NISHA ENTERPRISES LIMITED→ SC193287 · est 1999 | £7.60M £5.70M–£9.51M | £13.56M | — | 8100 | 27y | 87 | 66y |
| SÜDZUCKER UNITED KINGDOM LIMITED→ SC506349 · est 2015 | £3.74M £2.80M–£4.67M | — | — | 800 | 10y | 84 | 66y |
| VAPOTHERM UK LTD→ SC370398 · est 2009 | £578.6k £433.9k–£723.2k | — | — | 2000 | 16y | 85 | 63y |
| ST. ANDREWS TIMBER & BUILDING SUPPLIES (HOLDINGS) LIMITED→ SC520551 · est 2015 | £391.4k £293.6k–£489.3k | — | — | 100 | 10y | 84 | 60y |
| ORIGIN FITNESS LIMITED→ SC339149 · est 2008 | £72.4k £54.3k–£90.5k | — | — | 57 | 18y | 98 | 59y |
| DACOLL LIMITED→ SC173001 · est 1997 · no financials extracted | — | — | — | — | 29y | 83 | 93y |
| LOMOND BOOKS LIMITED→ SC317716 · est 2007 | — | — | — | 1600 | 19y | 83 | 59y |
| MIDLAND ENGINEERING SERVICES LIMITED→ SC120669 · est 1989 | — | — | — | 700 | 36y | 83 | 68y |
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 →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
Registered office
Filing status
Officers (2 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 08/09/1998 | 11/02/2022 |