LW HADDOW PLUMBING & HEATING LIMITED

💤Zombieactive
SC256720 · ltd · incorporated 2003-09-29
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.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Lifecycle stage: mature → zombie
  • · Investment thesis: well_run_hard_buy → zombie_hold
  • · Deal-killer verdict: clean → workable
  • · Hygiene score: 82 → 77
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "zombie"
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 1 positive.

  • ↓Lifecycle stage: mature → zombie
  • ·Investment thesis: well_run_hard_buy → zombie_hold
  • ↑Deal-killer verdict: clean → workable
  • ↓Hygiene score: 82 → 77
  • ↓Refinance opportunity: clean_up_first → under_pressure
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2026
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 67). 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: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 21.8y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 21.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (87/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
8 connected companies via shared directors
69
Filing history
59 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Feb 2024Feb 2025Feb 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-02-282025-02-282024-02-29
Average employees2429002600

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
2
filings
  • • 1 accounts
  • • 1 officers
Last 90 days
2
filings
  • • 1 accounts
  • • 1 officers
Last 180 days
2
filings
  • • 1 accounts
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-06-29
    ➖
    HEAP, Christian James resigned
    director
  4. 2025-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-11-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-04-08
    ➕
    HEAP, Christian James appointed
    director
  8. 2023-10-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-09-30
    ➖
    GORTON, Stephen William resigned
    director
  10. 2023-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-06-12
    ➖
    HADDOW, Mark resigned
    director
  12. 2023-06-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  13. 2023-03-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-03-13
    ➕
    GORTON, Stephen William appointed
    director
  15. 2022-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-09-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-09-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2021-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2020-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-06-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2007-08-15
    ➕
    HADDOW, Mark appointed
    director
  23. 2004-09-09
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 2003-09-29
    🏢
    Company incorporated
    As LW HADDOW PLUMBING & HEATING LIMITED
  25. 2003-09-29
    ➕
    MARTIN, Angela Jane appointed
    secretary
  26. 2003-09-29
    ➕
    HADDOW, Lawrence William appointed
    director
  27. 2003-09-29
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  28. 2003-09-29
    ➖
    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 "HADDOW" — 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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

95/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • 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.
  • 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%
NameSharesVoting rightsNature of controlNotified
Mr Lawrence William Haddow
Individual · British · DOB 02/1959 · age 67
75–100%
75–100%board control75-100% shares · 75-100% voting · board control29/09/2016

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

Active · Construction · PH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BEAR SCOTLAND LIMITED→
SC206139 · est 2000
£13.00M
£9.29M–£16.72M
———26y8365y
G.S. BROWN CONSTRUCTION LIMITED→
SC047574 · est 1970
£3.14M
£2.24M–£4.03M
——4656y8483y
A. PROCTOR GROUP LIMITED→
SC105054 · est 1987
£1.97M
£1.40M–£2.53M
——10239y8760y
BALHOUSIE GLAZING LIMITED→
SC148115 · est 1993
——£216.9k—32y8370y
ALGO (BLAIRGOWRIE) LIMITED→
SC166057 · est 1996
——£5.05M—30y8285y
CALEDONIAN DEVELOPMENTS LTD.→
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———20025y8264y
CIOCH LIMITED→
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——£62.8k—29y8276y
GILLIES & MACKAY LIMITED→
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GRM INVESTMENTS LIMITED→
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——£31.7k—17y8265y
J. F. HALLEY & SON LIMITED→
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————31y8284y
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
Incorporated2003-09-29
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

26 Kinnoull Causeway
Perth
PH2 8HQ

Filing status

Accounts
Next due: 2027-11-30
Last made up to: 2026-02-28
Confirmation statement
Next due: 2026-10-13
Last: 2025-09-29

Officers (2 active · 4 resigned)

MARTIN, Angela Jane→
secretary · appointed 2003-09-29
View their other companies + combined net worth →
Active
HADDOW, Lawrence William→
director · ~67y · appointed 2003-09-29
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-09-29 · resigned 2003-09-29
Resigned
GORTON, Stephen William→
director · ~60y · appointed 2023-03-13 · resigned 2023-09-30
Resigned
HADDOW, Mark→
director · ~51y · appointed 2007-08-15 · resigned 2023-06-12
Resigned
HEAP, Christian James→
director · ~47y · appointed 2024-04-08 · resigned 2026-06-29
Resigned

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
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property09/09/2004—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (59 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-07-02
termination-director-company-with-name-termination-date
officers · TM01
2026-07-01
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-07
appoint-person-director-company-with-name-date
officers · AP01
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-30
termination-director-company-with-name-termination-date
officers · TM01
2023-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-19
termination-director-company-with-name-termination-date
officers · TM01
2023-06-12
appoint-person-director-company-with-name-date
officers · AP01
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-04