CLYDE AIR CONDITIONING LIMITED

💤Zombieactive
SC260850 · ltd · incorporated 2003-12-15
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 Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). 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 (73/100).

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
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees300300

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  3. 2024-07-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-12-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2023-12-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-12-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-12-29
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  8. 2022-05-23
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2022-05-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-05-10
    ➖
    LEGGATT, Thomas Albert Mitchell Mclure resigned
    secretary
  11. 2022-05-10
    ➖
    LEGGATT, Thomas Albert Mitchell Mclure resigned
    director
  12. 2022-03-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2021-03-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2019-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2018-12-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2017-12-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  17. 2016-07-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2003-12-16
    ➕
    LEGGATT, Angus Mitchell appointed
    director
  19. 2003-12-16
    ➕
    LEGGATT, Thomas Albert Mitchell Mclure appointed
    secretary
  20. 2003-12-16
    ➖
    @UKPLC CLIENT SECRETARY LTD resigned
    corporate-nominee-secretary
  21. 2003-12-16
    ➕
    LEGGATT, Thomas Albert Mitchell Mclure appointed
    director
  22. 2003-12-16
    ➖
    @UKPLC CLIENT DIRECTOR LTD resigned
    corporate-nominee-director
  23. 2003-12-15
    🏢
    Company incorporated
    As CLYDE AIR CONDITIONING LIMITED
  24. 2003-12-15
    ➕
    @UKPLC CLIENT SECRETARY LTD appointed
    corporate-nominee-secretary
  25. 2003-12-15
    ➕
    @UKPLC CLIENT DIRECTOR LTD appointed
    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.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — 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 66. 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 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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 Angus Mitchell Leggatt
Individual · British · DOB 10/1960 · age 66
25–50%
25–50%25-50% shares · 25-50% voting10/05/2022
1 historic (ceased) PSC
  • Mr Thomas Albert Mitchell Mclure Leggattceased 10/05/2022· 25-50% shares

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

Similar companies

Active · Construction · ML postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CVG DEVELOPMENT LIMITED→
SC623030 · est 2019 · no financials extracted
————7y——
D DODDS CONSTRUCTION LIMITED→
SC636262 · est 2019 · no financials extracted
————6y——
D GRAY DEVELOPMENTS LIMITED→
SC750002 · est 2022 · no financials extracted
————3y——
DGD BUILDING LTD→
SC725759 · est 2022 · no financials extracted
————4y——
DIAMOND AIR CONDITIONING LIMITED→
SC323484 · est 2007 · no financials extracted
————18y——
DIAMOND CLEANING SERVICES (LANARKSHIRE) LTD→
SC454395 · est 2013 · no financials extracted
————12y——
DILIGENT PLUMBING AND HEATING SCOTLAND LTD→
SC851000 · est 2025 · no financials extracted
———————
DJPAINTERS LTD→
SC878762 · est 2026 · no financials extracted
———————
DL JOINERY&PROPERTY MAINTENANCE LTD→
SC822522 · est 2024 · no financials extracted
————1y——
DMB UK CONSTRUCTION LIMITED→
SC440039 · est 2013 · no financials extracted
————13y——
DMR INSTALLATIONS GLASGOW LIMITED→
SC819589 · est 2024 · no financials extracted
————1y——
DNMKITCHENS LIMITED→
SC658077 · est 2020 · no financials extracted
————6y——
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
Incorporated2003-12-15
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

3 Chapland Road
Lanark
ML11 7QL
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-20
Last: 2025-12-06

Officers (1 active · 4 resigned)

LEGGATT, Angus Mitchell→
director · ~66y · appointed 2003-12-16
View their other companies + combined net worth →
Active
LEGGATT, Thomas Albert Mitchell Mclure→
secretary · appointed 2003-12-16 · resigned 2022-05-10
Resigned
@UKPLC CLIENT SECRETARY LTD→
corporate-nominee-secretary · appointed 2003-12-15 · resigned 2003-12-16
Resigned
LEGGATT, Thomas Albert Mitchell Mclure→
director · ~74y · appointed 2003-12-16 · resigned 2022-05-10
Resigned
@UKPLC CLIENT DIRECTOR LTD→
corporate-nominee-director · appointed 2003-12-15 · resigned 2003-12-16
Resigned

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

Recent filings (60 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-12-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-07
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-07
termination-secretary-company-with-name-termination-date
officers · TM02
2022-05-23
termination-director-company-with-name-termination-date
officers · TM01
2022-05-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-08