RALSTONE CONTRACTS LTD.

🌳Matureactive
SC233064 · ltd · incorporated 2002-06-20
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 snapshot from 90 days ago — start tracking from today.

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
£19.9k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 58). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -63% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
64 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £19,892
Net assets shrinking
Down £53,981 YoY
Cash draining
Cash down 63% YoY
Cash YoY
-63%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£49k
↓ 63% YoY
Net Worth
£20k
↓ 73% YoY
Current Assets
£76k
↓ 48% YoY
Current Liabilities
£0£29k£58k£86k£115k£144kDec 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£47.8k£94.1k
Current assets£75.6k£144.0k
Cash£49.2k£131.3k
Debtors£23.4k£12.7k
Net assets£19.9k£73.9k

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

🔒Filing-note intelligence

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

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-12-15
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-03-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-03-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-07-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2017-07-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-03-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-08-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-03-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-06-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2002-06-20
    🏢
    Company incorporated
    As RALSTONE CONTRACTS LTD.
  18. 2002-06-20
    RALSTON, John David appointed
    secretary
  19. 2002-06-20
    RALSTON, Janis Marilyn appointed
    director
  20. 2002-06-20
    RALSTON, John David appointed
    director
  21. 2002-06-20
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  22. 2002-06-20
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  23. 2002-06-20
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  24. 2002-06-20
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

99/100
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.
  • +Founder name in company name: Company name contains director surname "RALSTON" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr John David Ralston
Individual · British · DOB 06/1968 · age 58
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Janis Marilyn Ralston
Individual · British · DOB 10/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2002-06-20
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Abercorn House
79 Renfrew Road
Paisley
Renfrewshire
PA3 4DA
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-30
Last: 2025-06-16

Officers (3 active · 2 resigned)

RALSTON, John David
secretary · appointed 2002-06-20
View their other companies + combined net worth →
Active
RALSTON, Janis Marilyn
director · ~57y · appointed 2002-06-20
View their other companies + combined net worth →
Active
RALSTON, John David
director · ~58y · appointed 2002-06-20
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2002-06-20 · resigned 2002-06-20
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2002-06-20 · resigned 2002-06-20
Resigned

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

Recent filings (64 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-25
change-account-reference-date-company-current-extended
accounts · AA01
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-07-02