G. SIMPSON (BUILDERS) LIMITED

💤Zombieactive

SC259102 · ltd · incorporated 2003-11-11

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 · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

What changed my view

Last 30 days

No material changes in the last 30 days.

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 Mar 2025

Net worth

—

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: Construction of commercial buildings

Sector: Construction

ALSO REGISTERED FOR

41202Construction of domestic buildings

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 51). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 13.4y

30/100

under pressure

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

· Oldest live charge is 13.4 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

3 connected companies via shared directors

Filing history

66 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

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	2025-03-31	2024-03-31

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-09-19
📄
accounts-with-accounts-type-medium
accounts · AA
2025-08-08
📄
capital-alter-shares-subdivision
capital · SH02
2024-12-19
📄
accounts-with-accounts-type-medium
accounts · AA
2023-11-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-12
📄
change-person-director-company-with-change-date
officers · CH01
2021-11-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-11-10
📄
change-person-director-company-with-change-date
officers · CH01
2021-04-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-03-27
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2016-06-18
🔓
Charge satisfied #1
2014-11-05
🔓
Charge satisfied #2
2014-05-13
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2013-02-01
🔒
Charge registered #1
Lender: Technical & General Guarantee Company S.A.
2012-08-22
➖
PHILIPS, Andrew, Mr. resigned
director
2003-11-11
🏢
Company incorporated
As G. SIMPSON (BUILDERS) LIMITED
2003-11-11
➕
SIMPSON, Gordon Elliot, Mr. appointed
secretary
2003-11-11
➕
SIMPSON, Gordon Elliot appointed
director
2003-11-11
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2003-11-11
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2003-11-11
➕
PHILIPS, Andrew, Mr. appointed
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 "SIMPSON" — 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

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 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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Gordon Elliot Simpson Individual · Scottish · DOB 08/1975 · age 51	75–100%	—	75-100% shares	30/10/2016

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 · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
COMPASS BUILDING AND CONSTRUCTION SERVICES LTD→ SC355872 · est 2009	£8.17M £5.83M–£10.50M	—	—	128	17y	82	53y
G & A BARNIE GROUP LIMITED→ SC265415 · est 2004	£5.89M £4.21M–£7.58M	—	—	426	22y	84	68y
HIGHLAND METALS LIMITED→ SC061436 · est 1976	£3.87M £2.77M–£4.98M	—	—	35	49y	88	71y
HIGHLAND DEEPHAVEN LIMITED→ SC050016 · est 1972	£1.97M £1.41M–£2.54M	—	—	4	54y	83	71y
CRANLOCH LIMITED→ SC237023 · est 2002	—	—	£10.4k	—	23y	83	68y
DARROCH & ALLAN (JOINERS & BUILDERS) LIMITED→ SC227618 · est 2002	—	—	£2.04M	—	24y	83	65y
DUNELAND LIMITED→ SC174358 · est 1997	—	—	—	200	29y	83	74y
ERG (SCOTLAND) LIMITED→ SC195590 · est 1999	—	—	—	—	27y	83	59y
HIGHLAND HEATING MANAGEMENT LIMITED→ SC296985 · est 2006	—	—	—	20	20y	83	58y
LEWISTON ARMS LIMITED→ SC319673 · est 2007	—	—	£32.6k	—	19y	83	73y
ST BUILDING SERVICES (FORRES) LIMITED→ SC358458 · est 2009	—	—	—	1000	17y	83	64y
A. DINGWALL LTD.→ SC250022 · est 2003	—	—	£21.0k	—	23y	82	66y

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

Incorporated2003-11-11

Jurisdictionscotland

Primary SIC41201 — Construction of commercial buildings

Registered office

23 Wellhouse

Beauly

IV4 7AS

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-11-25

Last: 2025-11-11

Officers (2 active · 2 resigned)

SIMPSON, Gordon Elliot, Mr.→

secretary · appointed 2003-11-11

View their other companies + combined net worth →

Active

SIMPSON, Gordon Elliot→

director · ~51y · appointed 2003-11-11

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2003-11-11 · resigned 2003-11-11

Resigned

PHILIPS, Andrew, Mr.→

director · ~51y · appointed 2003-11-11 · resigned 2012-08-22

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	1 property	13/05/2014	05/11/2014
	satisfied	Technical & General Guarantee Company S.A.	Floating charge	1 property	01/02/2013	18/06/2016

Recent filings (66 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-12-08

accounts-with-accounts-type-medium

accounts · AA

2025-09-19

capital-alter-shares-subdivision

capital · SH02

2025-08-08

accounts-with-accounts-type-medium

accounts · AA

2024-12-19

confirmation-statement-with-updates

confirmation-statement · CS01

2024-12-11

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-11-24

confirmation-statement-with-updates

confirmation-statement · CS01

2023-11-17

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-03-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-11-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-12-22

confirmation-statement-with-updates

confirmation-statement · CS01

2021-11-12

change-person-director-company-with-change-date

officers · CH01

2021-11-12

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2021-11-10

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2021-11-10

change-person-director-company-with-change-date

officers · CH01

2021-11-10