T.C. SERVICES (DUNDEE) LTD.

🌳Matureactive

SC237484 · ltd · incorporated 2002-09-30

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 Sept 2025

Net worth

£130.1k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Roofing activities

Sector: Construction

ALSO REGISTERED FOR

81210General cleaning of buildings

Investor take

Pursue

Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. 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, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

58 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £130,078

Net assets shrinking

Down £32,267 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£130k

↓ 20% YoY

Current Assets

£99k

↓ 20% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-09-30	2024-09-30
Total assets	£130.1k	£162.3k
Current assets	£99.4k	£124.6k
Net assets	£130.1k	£162.3k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-02-12
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-04-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-04-18
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-10-07
➕
WATT, Lesley Anne appointed
director
2016-10-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-04-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-05-08
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-10-28
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2002-09-30
🏢
Company incorporated
As T.C. SERVICES (DUNDEE) LTD.
2002-09-30
➕
WATT, Lesley Anne appointed
secretary
2002-09-30
➕
WATT, David appointed
director
2002-09-30
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2002-09-30
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2002-09-30
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2002-09-30
➖
STEPHEN MABBOTT LTD. resigned
corporate-nominee-director

Owner dependency

91/100

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 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 67. 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 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

Name	Shares	Voting rights	Nature of control	Notified
Mrs Lesley Anne Watt Individual · British · DOB 03/1967 · age 59	25–50%	—	25-50% shares	07/10/2016
Mr David Watt Individual · British · DOB 09/1959 · age 67	25–50%	—	25-50% shares	06/04/2016

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

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Active · Construction · DD postcode area

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SCAN BUILDING SERVICES LIMITED→ SC072076 · est 1980 · no financials extracted	—	—	—	—	45y	—	—
SSN FULL SYSTEM LTD→ SC838824 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
STEEL WIZARD FABRICATION LTD→ SC780999 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
STEWART CEMENT WORK LTD→ SC881488 · est 2026 · no financials extracted	—	—	—	—	—	—	—
STRATH DECORATORS LIMITED→ SC303046 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
SUPERCOLOUR LTD→ SC560333 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
T B JOINERY LIMITED→ SC267642 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
TAYSAT DUNDEE LTD→ SC840584 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
TAYSIDE ELECTRICAL SERVICES LTD→ SC825166 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
TAYSIDE GARAGE DOORS LIMITED→ SC270030 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
TAYSIDE GAS SERVICES LTD→ SC700417 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
TAYSIDE HOME REPAIR GROUP LTD→ SC855677 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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

Incorporated2002-09-30

Jurisdictionscotland

Primary SIC43910 — Roofing activities

Registered office

7 The Smithy

Muirdrum

By Carnoustie

Angus

DD7 6LE

Filing status

Accounts

Next due: 2027-06-30

Last made up to: 2025-09-30

Confirmation statement

Next due: 2026-10-22

Last: 2025-10-08

Officers (3 active · 2 resigned)

WATT, Lesley Anne→

secretary · appointed 2002-09-30

View their other companies + combined net worth →

Active

WATT, David→

director · ~67y · appointed 2002-09-30

View their other companies + combined net worth →

Active

WATT, Lesley Anne→

director · ~59y · appointed 2016-10-07

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2002-09-30 · resigned 2002-09-30

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2002-09-30 · resigned 2002-09-30

Resigned

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