DARROCH & ALLAN (JOINERS & BUILDERS) LIMITED

🌳Matureactive
SC227618 · ltd · incorporated 2002-02-01
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 23.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£2.04M
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 23.9y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 23.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 23/100 — clean.

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
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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 £2,043,480
Cash YoY
-8%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£930k
↓ 8.1% YoY
Net Worth
£2.0m
↑ 1.2% YoY
Current Assets
—
Current Liabilities
—
£0£409k£817k£1.2m£1.6m£2.0mDec 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
Cash£930.0k£1.01M
Net assets£2.04M£2.02M

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

🔒Filing-note intelligence

3 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

Last 30 days
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2025-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-11
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  3. 2025-04-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2025-04-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-04-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-04-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-04-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2025-04-10
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2025-04-04
    ➖
    FORDYCE, Andrew Ewan resigned
    secretary
  11. 2025-04-04
    ➖
    FORDYCE, Andrew Ewan resigned
    director
  12. 2025-04-04
    ➖
    FORDYCE, Lesley Ann resigned
    director
  13. 2025-04-04
    🔒
    Charge registered #2
    Lender: Andrew Ewan Fordyce (As Security Trustee)
  14. 2025-03-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2025-03-20
    🔓
    Charge satisfied #1
  16. 2025-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2024-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2024-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2024-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2024-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2024-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2024-04-24
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  23. 2024-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2024-04-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2024-04-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  26. 2024-04-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  27. 2024-04-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  28. 2014-09-10
    ➕
    STEWART, Craig Alexander appointed
    director
  29. 2002-07-04
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  30. 2002-02-01
    🏢
    Company incorporated
    As DARROCH & ALLAN (JOINERS & BUILDERS) LIMITED
  31. 2002-02-01
    ➕
    HARROLD, Paul appointed
    director
  32. 2002-02-01
    ➕
    HOLLIDAY, John William appointed
    director
  33. 2002-02-01
    ➕
    MCPHERSON, Philip appointed
    director
  34. 2002-02-01
    ➕
    FORDYCE, Andrew Ewan appointed
    secretary
  35. 2002-02-01
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  36. 2002-02-01
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  37. 2002-02-01
    ➕
    FORDYCE, Andrew Ewan appointed
    director
  38. 2002-02-01
    ➕
    FORDYCE, Lesley Ann appointed
    director
  39. 2002-02-01
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  40. 2002-02-01
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

80/100
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.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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.)

Group structure

Fmf (Moray) Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
Fmf (Moray) Limited
Corporate parent · holds 50-75% shares · board control
majority
⬇
DARROCH & ALLAN (JOINERS & BUILDERS) LIMITED
This company · SC227618

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%
NameSharesVoting rightsNature of controlNotified
Fmf (Moray) Limited
Corporate entity
50–75%
75–100%board control75-100% shares · 75-100% voting · board control04/04/2025
2 historic (ceased) PSCs
  • Mrs Lesley Ann Fordyceceased 04/04/2025· 25-50% voting
  • Mr Andrew Ewan Fordyceceased 04/04/2025· 50-75% voting · board control

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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——3549y8871y
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————18y——
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
Incorporated2002-02-01
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings

Registered office

3 Diagonal Road
Pinefield Industrial Estate
Elgin
IV30 6AH
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-25
Last: 2026-04-11

Officers (4 active · 5 resigned)

HARROLD, Paul→
director · ~60y · appointed 2002-02-01
View their other companies + combined net worth →
Active
HOLLIDAY, John William→
director · ~65y · appointed 2002-02-01
View their other companies + combined net worth →
Active
MCPHERSON, Philip→
director · ~62y · appointed 2002-02-01
View their other companies + combined net worth →
Active
STEWART, Craig Alexander→
director · ~42y · appointed 2014-09-10
View their other companies + combined net worth →
Active
FORDYCE, Andrew Ewan→
secretary · appointed 2002-02-01 · resigned 2025-04-04
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2002-02-01 · resigned 2002-02-01
Resigned
FORDYCE, Andrew Ewan→
director · ~66y · appointed 2002-02-01 · resigned 2025-04-04
Resigned
FORDYCE, Lesley Ann→
director · ~61y · appointed 2002-02-01 · resigned 2025-04-04
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2002-02-01 · resigned 2002-02-01
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Andrew Ewan Fordyce (As Security Trustee)
A registered charge—04/04/2025—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property04/07/200220/03/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (108 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-15
move-registers-to-registered-office-company-with-new-address
address · AD04
2025-04-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-10
termination-director-company-with-name-termination-date
officers · TM01
2025-04-10
termination-director-company-with-name-termination-date
officers · TM01
2025-04-10
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-27