BAIN JOINERY LIMITED

💤Zombieactive
SC247566 · ltd · incorporated 2003-04-09
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 Apr 2025
Net worth
£71.8k
book net assets
Opportunity
67/100
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: Joinery installation
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 67/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

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
3 officers (2 active, 3 linked, 1 with DOB)
77
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
52 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
67/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
60
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £71,780
Net assets shrinking
Down £12,121 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£72k
↓ 14% YoY
Current Assets
£71k
↓ 17% YoY
Current Liabilities
£0£17k£34k£51k£69k£86kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£71.8k£83.9k
Current assets£71.2k£85.8k
Net assets£71.8k£83.9k

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 (21 events)Click to expand
  1. 2026-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-01-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2018-01-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-12-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-04-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-01-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-04-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-04-10
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  15. 2015-01-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-04-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2003-04-09
    🏢
    Company incorporated
    As BAIN JOINERY LIMITED
  18. 2003-04-09
    DINGWALL, Cheryl appointed
    secretary
  19. 2003-04-09
    BAIN, Edward Gordon appointed
    director
  20. 2003-04-09
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  21. 2003-04-09
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

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 "BAIN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

70/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-23

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Edward Gordon Bain
Individual · British · DOB 10/1969 · age 57
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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

Similar companies

Active · Construction · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A MORRIS ROOFING LIMITED
SC572573 · est 2017 · no financials extracted
8y
A R PLASTERING LTD
SC344231 · est 2008 · no financials extracted
17y
A.R.F JOINERY LIMITED
SC478418 · est 2014 · no financials extracted
11y
ANDYANDERSON LTD
SC777068 · est 2023 · no financials extracted
2y
ASPECT PROPERTY PRO SERVICES LTD
SC800198 · est 2024 · no financials extracted
2y
ATC (HEAT) LTD
SC440240 · est 2013 · no financials extracted
13y
B & G BEVERLY JOINERS LIMITED
SC410911 · est 2011 · no financials extracted
14y
BANCON HOMES (DEESIDE) LIMITED
SC128711 · est 1990 · no financials extracted
35y
BARD PROPERTY SERVICES LTD
SC623436 · est 2019 · no financials extracted
7y
BARRY FETTES (JOINER) LIMITED
SC254343 · est 2003 · no financials extracted
22y
BD PROPERTY MAKEOVERS LTD
SC699030 · est 2021 · no financials extracted
4y
BD TREND OPTIC LTD
SC773900 · est 2023 · no financials extracted
2y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2003-04-09
Jurisdictionscotland
Primary SIC43320 — Joinery installation

Registered office

18 North Silver Street
Aberdeen
AB10 1JU

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-23OVERDUE
Last: 2025-04-09

Officers (2 active · 1 resigned)

DINGWALL, Cheryl
secretary · appointed 2003-04-09
View their other companies + combined net worth →
Active
BAIN, Edward Gordon
director · ~57y · appointed 2003-04-09
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2003-04-09 · resigned 2003-04-09
Resigned

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

Recent filings (52 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-12
accounts-with-accounts-type-micro-entity
accounts · AA
2020-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2019-01-17