LOCKHART CONSERVATORIES LIMITED

🌳Matureactive
SC234234 · ltd · incorporated 2002-07-18
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2025
Net worth
£-6.6k
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other construction installation
Sector: Construction
ALSO REGISTERED FOR
  • 43320Joinery installation
  • 43342Glazing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -50% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: distressed disposal / insolvency (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, 3 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 (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
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
Negative net assets
Liabilities exceed assets by £6,635
Net assets shrinking
Down £48,910 YoY
Cash draining
Cash down 50% YoY
Cash YoY
-50%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£47k
↓ 50% YoY
Net Worth
-£7k
↓ 116% YoY
Current Assets
£84k
↓ 31% YoY
Current Liabilities
-£7k£19k£44k£70k£95k£121kJul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-07-312024-07-31
Total assets£1.8k£56.9k
Current assets£83.8k£120.8k
Cash£46.8k£93.1k
Debtors£8.7k£8.2k
Net assets£-6.6k£42.3k

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2022-07-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2022-07-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2022-02-09
    LOCKHART, Martin resigned
    secretary
  9. 2022-02-09
    LOCKHART, Martin resigned
    director
  10. 2022-02-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2022-02-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2022-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2021-11-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2021-11-24
    CLARK, Gary appointed
    director
  15. 2021-11-24
    MORRISON, Andrew appointed
    director
  16. 2021-11-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2021-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-02-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2002-07-18
    🏢
    Company incorporated
    As LOCKHART CONSERVATORIES LIMITED
  22. 2002-07-18
    LOCKHART, Martin appointed
    secretary
  23. 2002-07-18
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  24. 2002-07-18
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  25. 2002-07-18
    LOCKHART, Martin appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 Andrew Morrison
Individual · British · DOB 06/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting25/11/2021
Mr Gary Clark
Individual · British · DOB 05/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting25/11/2021
1 historic (ceased) PSC
  • Mr Martin Lockhartceased 25/11/2021· 75-100% shares · 75-100% voting · significant influence

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

Similar companies

Active · Construction · DG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
JLR DEVELOPMENTS LTD
SC790075 · est 2023 · no financials extracted
2y
LUCE BAY PLANT HIRE LIMITED
SC060031 · est 1976 · no financials extracted
49y
M CAINES JOINERY LTD
SC724794 · est 2022 · no financials extracted
4y
M CHARLTON BUILDING LTD
SC805430 · est 2024 · no financials extracted
2y
M RANKIN PLANT LIMITED
SC750927 · est 2022 · no financials extracted
3y
MACKAY CONSTRUCTION LTD
SC785905 · est 2023 · no financials extracted
2y
MACKAY DEVELOPMENT SERVICES LTD
SC528755 · est 2016 · no financials extracted
10y
MACMILLAN PROPERTY DEVELOPMENT LTD
SC489171 · est 2014 · no financials extracted
11y
MACREBUR CONTRACTING LIMITED
SC635885 · est 2019 · no financials extracted
6y
MARK ONE TELECOMS LTD
SC777593 · est 2023 · no financials extracted
2y
MAXWELL AND MCCULLOCH LIMITED
SC739522 · est 2022 · no financials extracted
3y
MAXWELL CONSTRUCTION AND CIVILS LIMITED
SC440955 · est 2013 · no financials extracted
13y
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
Incorporated2002-07-18
Jurisdictionscotland
Primary SIC43290 — Other construction installation

Registered office

Farries Kirk & Mcvean
Dumfries Enterprise Park
Heathhall Dumfries
Dumfries & Galloway
DG1 3SJ

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-08-01
Last: 2025-07-18

Officers (2 active · 3 resigned)

CLARK, Gary
director · ~42y · appointed 2021-11-24
View their other companies + combined net worth →
Active
MORRISON, Andrew
director · ~42y · appointed 2021-11-24
View their other companies + combined net worth →
Active
LOCKHART, Martin
secretary · appointed 2002-07-18 · resigned 2022-02-09
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2002-07-18 · resigned 2002-07-18
Resigned
LOCKHART, Martin
director · ~64y · appointed 2002-07-18 · resigned 2022-02-09
Resigned

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

Recent filings (58 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-18
termination-secretary-company-with-name-termination-date
officers · TM02
2022-02-09
termination-director-company-with-name-termination-date
officers · TM01
2022-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-02
appoint-person-director-company-with-name-date
officers · AP01
2021-11-25