LEE GLOVER ROOFING CONTRACTORS LIMITED
🌳Matureactive
SC249990 · ltd · incorporated 2003-05-22
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 19.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
—
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: Roofing activities
Sector: Construction
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 77/100 (strong), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
1 live charge · oldest 19.2y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 19.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (78/100)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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 2 with DOB)
77
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| Average employees | 2800 | 2800 |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-06-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-31📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-14📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-16➕GLOVER, Tracey appointeddirector
- 2021-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-26📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-06-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-09-02📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2016-06-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-02-12🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-05-23➕GLOVER, Tracey appointedsecretary
- 2003-05-23➕GLOVER, Lee appointeddirector
- 2003-05-22🏢Company incorporatedAs LEE GLOVER ROOFING CONTRACTORS LIMITED
- 2003-05-22➕COSEC LIMITED appointedcorporate-nominee-secretary
- 2003-05-22➖COSEC LIMITED resignedcorporate-nominee-secretary
- 2003-05-22➕CODIR LIMITED appointedcorporate-nominee-director
- 2003-05-22➖CODIR LIMITED resignedcorporate-nominee-director
- 2003-05-22➕COSEC LIMITED appointedcorporate-nominee-director
- 2003-05-22➖COSEC LIMITED resignedcorporate-nominee-director
Owner dependency
91/100
Critical — business is the founderThe 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 "GLOVER" — 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
26/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — GLOVER, Tracey (same surname) appointed 2022-05-16. Pattern consistent with intra-family handover.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Garroch Holdings (Scotland) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Garroch Holdings (Scotland) Limited
Corporate parent · holds 75-100% shares · board control
⬇
LEE GLOVER ROOFING CONTRACTORS LIMITED
This company · SC249990
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Garroch Holdings (Scotland) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/05/2025 |
1 historic (ceased) PSC
- Mr Lee Gloverceased 23/05/2025· significant influence
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
🔒Co-director network graph
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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|---|---|---|---|---|---|---|---|
| JLR DEVELOPMENTS LTD→ SC790075 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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| M RANKIN PLANT LIMITED→ SC750927 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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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
Incorporated2003-05-22
Jurisdictionscotland
Primary SIC43910 — Roofing activities
Registered office
Garroch Business Park
Garroch Loaning
Dumfries
DG2 8PS
Filing status
Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-05
Last: 2025-05-22
Officers (3 active · 3 resigned)
Active
Active
GLOVER, Tracey→
Activedirector · ~52y · appointed 2022-05-16
View their other companies + combined net worth →
COSEC LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-05-22 · resigned 2003-05-22
CODIR LIMITED→
Resignedcorporate-nominee-director · appointed 2003-05-22 · resigned 2003-05-22
COSEC LIMITED→
Resignedcorporate-nominee-director · appointed 2003-05-22 · resigned 2003-05-22
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 12/02/2007 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (60 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
appoint-person-director-company-with-name-date
officers · AP01
2022-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-26
change-person-secretary-company-with-change-date
officers · CH03
2021-05-26