ABERDEEN & NORTH EAST HEATING LIMITED

🌳Matureactive
SC202054 · ltd · incorporated 1999-12-02
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£43.0k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
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. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 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.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (78/100)

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
71 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 £42,956
Net assets shrinking
Down £10,650 YoY
Cash YoY
-26%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£31k
↓ 26% YoY
Net Worth
£43k
↓ 20% YoY
Current Assets
£42k
↓ 16% YoY
Current Liabilities
—
£0£11k£21k£32k£43k£54kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£52.0k£67.1k
Current assets£41.5k£49.4k
Cash£30.9k£41.9k
Debtors£10.0k£6.9k
Net assets£43.0k£53.6k

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

🔒Filing-note intelligence

1 signal 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
5
filings
  • • 3 officers
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2026-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-01-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-01-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2026-01-09
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2024-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2020-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-09-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-08-22
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2017-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2016-09-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2000-10-19
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  17. 2000-09-06
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  18. 1999-12-02
    🏢
    Company incorporated
    As ABERDEEN & NORTH EAST HEATING LIMITED
  19. 1999-12-02
    ➕
    DICKSON, Andrew William appointed
    secretary
  20. 1999-12-02
    ➕
    DICKSON, Andrew William appointed
    director
  21. 1999-12-02
    ➕
    MACKIE, Neil Irvine appointed
    director
  22. 1999-12-02
    ➕
    MACKIE, Neil Irvine appointed
    secretary
  23. 1999-12-02
    ➖
    MACKIE, Neil Irvine resigned
    secretary
  24. 1999-12-02
    ➕
    BLACKFRIAR SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  25. 1999-12-02
    ➖
    BLACKFRIAR SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  26. 1999-12-02
    ➕
    BLACKFRIAR DIRECTORS LIMITED appointed
    corporate-nominee-director
  27. 1999-12-02
    ➖
    BLACKFRIAR DIRECTORS LIMITED resigned
    corporate-nominee-director

Owner dependency

83/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

86/100
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.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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
NameSharesVoting rightsNature of controlNotified
Mr Neil Irvine Mackie
Individual · British · DOB 02/1966 · age 60
25–50%
25–50%25-50% shares · 25-50% voting01/12/2016
Mr Andrew William Dickson
Individual · British · DOB 03/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting01/12/2016

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 →

Similar companies

Active · Construction · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SEIVWRIGHT BROTHERS LIMITED→
SC234623 · est 2002
£8.04M
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——7323y8776y
HUTCHEON SERVICES LIMITED→
SC071884 · est 1980
£3.47M
£2.48M–£4.46M
——1720045y8461y
M.T.M.CONSTRUCTION LIMITED→
SC056163 · est 1974
£2.93M
£2.10M–£3.77M
——520051y8776y
THISTLE WINDOWS & CONSERVATORIES LIMITED→
SC159622 · est 1995
£1.28M
£917.3k–£1.65M
——11930y8465y
SKENE ENTERPRISES (ABERDEEN) LIMITED→
SC072886 · est 1980
£910.0k
£650.0k–£1.17M
——10545y8387y
AJC CONSTRUCTION SCOTLAND LIMITED→
SC216542 · est 2001
———270025y8360y
AM CAMPBELL (UK) LTD.→
SC212573 · est 2000
——£72.9k—25y8363y
LADYSBRIDGE VILLAGE LIMITED→
SC262049 · est 2004
———022y8375y
SPARK'S MECHANICAL SERVICES LIMITED→
SC102458 · est 1986
——£3.06M—39y8359y
T & M SLATING LTD.→
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———922y8359y
WHITEHILLS DEVELOPMENT CO. LTD.→
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——£49.1k—25y8375y
A & B BUCHAN LIMITED→
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——£945.4k—16y8262y
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
Incorporated1999-12-02
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

322 King Street
Aberdeen
AB24 5BJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-16
Last: 2025-12-02

Officers (3 active · 3 resigned)

DICKSON, Andrew William→
secretary · appointed 1999-12-02
View their other companies + combined net worth →
Active
DICKSON, Andrew William→
director · ~65y · appointed 1999-12-02
View their other companies + combined net worth →
Active
MACKIE, Neil Irvine→
director · ~60y · appointed 1999-12-02
View their other companies + combined net worth →
Active
MACKIE, Neil Irvine→
secretary · appointed 1999-12-02 · resigned 1999-12-02
Resigned
BLACKFRIAR SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 1999-12-02 · resigned 1999-12-02
Resigned
BLACKFRIAR DIRECTORS LIMITED→
corporate-nominee-director · appointed 1999-12-02 · resigned 1999-12-02
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property19/10/2000—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property06/09/2000—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (71 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-22
change-person-director-company-with-change-date
officers · CH01
2026-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-09
change-person-director-company-with-change-date
officers · CH01
2026-01-09
change-person-secretary-company-with-change-date
officers · CH03
2026-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-08
change-person-director-company-with-change-date
officers · CH01
2021-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-02