ALEX TULLOCH JOINERS LTD.

💤Zombieactive
SC253794 · ltd · incorporated 2003-08-05
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 Sept 2025
Net worth
£25.6k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -70% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
60 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 · FRS 102
Positive net assets
Net assets £25,553
Net assets shrinking
Down £46,743 YoY
Cash draining
Cash down 70% YoY
Cash YoY
-70%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£22k
↓ 70% YoY
Net Worth
£26k
↓ 65% YoY
Current Assets
£40k
↓ 65% YoY
Current Liabilities
—
£0£23k£45k£68k£91k£113kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-09-302024-09-30
Total assets£27.2k£77.1k
Current assets£39.9k£113.2k
Cash£21.8k£72.1k
Debtors£18.1k£41.1k
Net assets£25.6k£72.3k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2021-12-15
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2021-05-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-04-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-10-17
    ➖
    TULLOCH, Alex resigned
    director
  11. 2020-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-03-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2020-03-02
    ➕
    TULLOCH, Barry Alexander appointed
    director
  14. 2019-07-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2019-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-04-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2003-08-05
    🏢
    Company incorporated
    As ALEX TULLOCH JOINERS LTD.
  19. 2003-08-05
    ➕
    TULLOCH, Linda appointed
    secretary
  20. 2003-08-05
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  21. 2003-08-05
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  22. 2003-08-05
    ➕
    TULLOCH, Alex appointed
    director
  23. 2003-08-05
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  24. 2003-08-05
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

90/100
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 "TULLOCH" — strong identity link between founder and business.

Succession & seller-readiness

55/100
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.
  • 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

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 Barry Alexander Tulloch
Individual · British · DOB 01/1984 · age 42
50–75%
50–75%board control50-75% shares · 50-75% voting · board control10/08/2021
Linda Tulloch
Individual · British · DOB 01/1956 · age 70
25–50%
25–50%25-50% shares · 25-50% voting05/08/2016
1 historic (ceased) PSC
  • Mr Alex Tullochceased 10/08/2021· 50-75% shares · 50-75% voting · board control · significant influence · firm interest

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 →

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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
Incorporated2003-08-05
Jurisdictionscotland
Primary SIC43320 — Joinery installation

Registered office

14 Newton Place
C/O Gallone & Co
Glasgow
G3 7PY
Scotland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-12-29
Last: 2025-12-15

Officers (2 active · 3 resigned)

TULLOCH, Linda→
secretary · appointed 2003-08-05
View their other companies + combined net worth →
Active
TULLOCH, Barry Alexander→
director · ~42y · appointed 2020-03-02
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2003-08-05 · resigned 2003-08-05
Resigned
TULLOCH, Alex→
director · ~74y · appointed 2003-08-05 · resigned 2020-10-17
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2003-08-05 · resigned 2003-08-05
Resigned

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

Recent filings (60 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-15
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-12-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-12-15
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-20
termination-director-company-with-name-termination-date
officers · TM01
2021-04-20