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.
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 material changes in the last 90 days.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒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 25.9y

45/100
under pressure

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

  • · Oldest live charge is 25.9 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
0
filings
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 27 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 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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

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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
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£8.04M
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——7324y8776y
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£910.0k
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——10545y8387y
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£780.5k
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£290.0k—026y8578y
AJC CONSTRUCTION SCOTLAND LIMITED→
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———270025y8360y
LADYSBRIDGE VILLAGE LIMITED→
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———022y8375y
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——£3.06M—39y8359y
T & M SLATING LTD.→
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———923y8359y
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——£945.4k—16y8262y
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———40018y8259y
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——£123.8k—18y8265y
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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