L F BRUCE & SONS LIMITED

💤Zombieactive

SC240167 · ltd · incorporated 2002-11-27

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2025

Net worth

£11.8k

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Roofing activities

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 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

9 officers (2 active, 9 linked, 3 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

75 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 · accounting standard not declared

Positive net assets

Net assets £11,780

Net assets shrinking

Down £20,488 YoY

Cash YoY

-23%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£12k

↓ 23% YoY

Net Worth

£12k

↓ 63% YoY

Current Assets

£16k

↓ 58% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-11-30	2024-11-30
Total assets	£16.8k	£42.1k
Current assets	£16.2k	£38.3k
Cash	£11.7k	£15.2k
Debtors	£3.7k	£22.3k
Net assets	£11.8k	£32.3k

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement
• 1 persons-with-significant-control

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2026-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-09
➕
BRUCE, Taylor appointed
secretary
2019-09-09
➖
GREIG, Heather resigned
secretary
2019-09-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-09-09
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2019-09-09
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2019-09-09
📄
change-person-director-company-with-change-date
officers · CH01
2019-09-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2006-10-20
➕
BRUCE, Kenneth Lindsay Parr appointed
director
2006-10-20
➖
BRUCE, Kenneth Lindsay resigned
secretary
2006-10-20
➕
GREIG, Heather appointed
secretary
2006-10-20
➖
BRUCE, Patricia Margaret resigned
director
2006-05-04
➕
BRUCE, Kenneth Lindsay appointed
secretary
2006-05-04
➖
BRUCE, Patricia Margaret resigned
secretary
2006-05-04
➖
BRUCE, Lindsay resigned
director
2006-04-18
➕
BRUCE, Patricia Margaret appointed
director
2002-12-04
➕
BRUCE, Patricia Margaret appointed
secretary
2002-12-04
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2002-12-04
➕
BRUCE, Lindsay appointed
director
2002-12-04
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director
2002-11-27
🏢
Company incorporated
As L F BRUCE & SONS LIMITED
2002-11-27
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2002-11-27
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director

Owner dependency

100/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Founder name in company name: Company name contains director surname "BRUCE" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

78/100

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 59. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 20 years.
secondaryStable-but-static management: Company is 23 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

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Kenneth Lindsay Parr Bruce Individual · British · DOB 08/1967 · age 59	75–100%	—	75-100% shares	06/04/2016

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

Similar companies

Active · Construction · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
KINNELL HOMES LIMITED→ SC202670 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
KIRRIE POW SERVICES LTD→ SC672675 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
KP TECHNICAL SERVICES LIMITED→ SC768568 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
L & J PLANT LTD→ SC631963 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
LAMIN8 (SCOTLAND) LIMITED→ SC331651 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
LAMINATE AND HANDYMAN FOR YOU LTD→ SC883530 · est 2026 · no financials extracted	—	—	—	—	—	—	—
LARO LTD→ SC688121 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
LEASK PROPERTY SERVICES LTD→ SC618961 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
LET’S PLUMB LTD→ SC797942 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
LFELECTRICAL LIMITED→ SC802860 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
LH RENEWABLE SERVICES LTD→ SC771322 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
LHC BUILDERS LTD→ SC531394 · est 2016 · no financials extracted	—	—	—	—	10y	—	—

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

Incorporated2002-11-27

Jurisdictionscotland

Primary SIC43910 — Roofing activities

Registered office

23 Seaforth Crescent

Broughty Ferry

Dundee

DD5 1QD

Scotland

Filing status

Accounts

Next due: 2027-08-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2026-12-10

Last: 2025-11-26

Officers (2 active · 7 resigned)

BRUCE, Taylor→

secretary · appointed 2019-09-09

View their other companies + combined net worth →

Active

BRUCE, Kenneth Lindsay Parr→

director · ~59y · appointed 2006-10-20

View their other companies + combined net worth →

Active

BRUCE, Kenneth Lindsay→

secretary · appointed 2006-05-04 · resigned 2006-10-20

Resigned

BRUCE, Patricia Margaret→

secretary · appointed 2002-12-04 · resigned 2006-05-04

Resigned

GREIG, Heather→

secretary · appointed 2006-10-20 · resigned 2019-09-09

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2002-11-27 · resigned 2002-12-04

Resigned

BRUCE, Lindsay→

director · ~86y · appointed 2002-12-04 · resigned 2006-05-04

Resigned

BRUCE, Patricia Margaret→

director · ~79y · appointed 2006-04-18 · resigned 2006-10-20

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 2002-11-27 · resigned 2002-12-04

Resigned

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

Recent filings (75 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-03-31

confirmation-statement-with-updates

confirmation-statement · CS01

2025-12-03

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-11-26

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-08-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-04

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-08-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-04

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-07-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-11-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-08-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-11-30

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-08-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-11-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2020-08-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2019-12-07