BROWNLIE PLUMBING & HEATING LTD.

💤Zombieactive
SC256398 · ltd · incorporated 2003-09-22
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
£167
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (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 -51% YoY — forensic review of receivables, stock turns, and creditor days. 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
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
75 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £167
Net assets shrinking
Down £7,394 YoY
Cash draining
Cash down 51% YoY
Cash YoY
-51%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£7k
↓ 51% YoY
Net Worth
£167
↓ 98% YoY
Current Assets
£12k
↓ 32% YoY
Current Liabilities
£0£4k£7k£11k£14k£18kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£6.8k£17.7k
Current assets£11.9k£17.5k
Cash£7.3k£14.7k
Debtors£4.7k£2.9k
Net assets£167£7.6k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-04-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-06-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2023-06-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-06-06
    📄
    accounts-amended-with-made-up-date
    accounts · AAMD
  7. 2023-06-01
    BROWNLIE, Elizabeth resigned
    director
  8. 2023-05-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2023-05-17
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2022-06-24
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2021-10-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2021-10-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-09-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2021-05-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2020-04-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2019-02-11
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2018-04-04
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2015-04-01
    BROWNLIE, Elizabeth appointed
    director
  19. 2015-03-31
    BROWNLIE, Heather resigned
    secretary
  20. 2015-03-31
    BROWNLIE, Heather resigned
    director
  21. 2015-03-31
    BROWNLIE, James resigned
    director
  22. 2005-11-14
    BROWNLIE, Murray appointed
    director
  23. 2003-09-22
    🏢
    Company incorporated
    As BROWNLIE PLUMBING & HEATING LTD.
  24. 2003-09-22
    BROWNLIE, Heather appointed
    secretary
  25. 2003-09-22
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  26. 2003-09-22
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  27. 2003-09-22
    BROWNLIE, Heather appointed
    director
  28. 2003-09-22
    BROWNLIE, James appointed
    director
  29. 2003-09-22
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  30. 2003-09-22
    STEPHEN MABBOTT LTD. resigned
    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 "BROWNLIE" — 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.

Succession & seller-readiness

75/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 20 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

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
NameSharesVoting rightsNature of controlNotified
Mr Murray Brownlie
Individual · British · DOB 03/1984 · age 42
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mrs Elizabeth Brownlieceased 01/06/2023· 25-50% shares · 25-50% voting

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

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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
Incorporated2003-09-22
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

40 St. Marys Road
Bishopbriggs
Glasgow
G64 2EQ
Scotland

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-09-11
Last: 2025-08-28

Officers (1 active · 6 resigned)

BROWNLIE, Murray
director · ~42y · appointed 2005-11-14
View their other companies + combined net worth →
Active
BROWNLIE, Heather
secretary · appointed 2003-09-22 · resigned 2015-03-31
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-09-22 · resigned 2003-09-22
Resigned
BROWNLIE, Elizabeth
director · ~43y · appointed 2015-04-01 · resigned 2023-06-01
Resigned
BROWNLIE, Heather
director · ~74y · appointed 2003-09-22 · resigned 2015-03-31
Resigned
BROWNLIE, James
director · ~78y · appointed 2003-09-22 · resigned 2015-03-31
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-09-22 · resigned 2003-09-22
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
2026-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-09
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-05-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-29
termination-director-company-with-name-termination-date
officers · TM01
2023-06-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-06-09
accounts-amended-with-made-up-date
accounts · AAMD
2023-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-27
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-29
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-06-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-10-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-10-27