DAVID STEWART JOINER LTD.

🌳Matureactive
SC278748 · ltd · incorporated 2005-01-21
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£39.8k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
8 officers (5 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £39,845
Cash YoY
+67%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£72k
↑ 67% YoY
Net Worth
£40k
↑ 2.5% YoY
Current Assets
£75k
↓ 20% YoY
Current Liabilities
—
£0£19k£37k£56k£74k£93kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£49.9k£60.4k
Current assets£74.7k£93.0k
Cash£72.2k£43.3k
Debtors£2.4k£49.7k
Net assets£39.8k£38.9k

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
4
filings
  • • 2 officers
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-12-04
    ➕
    STEWART, Andrew appointed
    director
  2. 2025-12-04
    ➕
    STEWART, David appointed
    director
  3. 2025-12-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  4. 2025-12-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-12-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-01-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-01-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-01-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-12-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-01-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-11-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2005-01-21
    🏢
    Company incorporated
    As DAVID STEWART JOINER LTD.
  19. 2005-01-21
    ➕
    STEWART, Wendy appointed
    secretary
  20. 2005-01-21
    ➕
    STEWART, David appointed
    director
  21. 2005-01-21
    ➕
    STEWART, Wendy appointed
    director
  22. 2005-01-21
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  23. 2005-01-21
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  24. 2005-01-21
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  25. 2005-01-21
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  26. 2005-01-21
    ➕
    PETER TRAINER CORPORATE SERVICES LTD. appointed
    corporate-nominee-director
  27. 2005-01-21
    ➖
    PETER TRAINER CORPORATE SERVICES LTD. resigned
    corporate-nominee-director

Owner dependency

88/100
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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "STEWART" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — STEWART, Andrew (same surname) appointed 2025-12-04. Pattern consistent with intra-family handover.
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Wendy Stewart
Individual · British · DOB 04/1961 · age 65
25–50%
—25-50% shares01/06/2016
Mr David Stewart
Individual · British · DOB 07/1957 · age 69
25–50%
—25-50% shares01/06/2016

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.

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Company details

Statusactive
Typeltd
Incorporated2005-01-21
Jurisdictionscotland
Primary SIC43320 — Joinery installation

Registered office

Lochinvar
Allan Lane
Lossiemouth
IV31 6DS
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (5 active · 3 resigned)

STEWART, Wendy→
secretary · appointed 2005-01-21
View their other companies + combined net worth →
Active
STEWART, Andrew→
director · ~36y · appointed 2025-12-04
View their other companies + combined net worth →
Active
STEWART, David→
director · ~39y · appointed 2025-12-04
View their other companies + combined net worth →
Active
STEWART, David→
director · ~69y · appointed 2005-01-21
View their other companies + combined net worth →
Active
STEWART, Wendy→
director · ~65y · appointed 2005-01-21
View their other companies + combined net worth →
Active
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-secretary · appointed 2005-01-21 · resigned 2005-01-21
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-director · appointed 2005-01-21 · resigned 2005-01-21
Resigned
PETER TRAINER CORPORATE SERVICES LTD.→
corporate-nominee-director · appointed 2005-01-21 · resigned 2005-01-21
Resigned

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

Recent filings (56 total)

appoint-person-director-company-with-name-date
officers · AP01
2025-12-04
appoint-person-director-company-with-name-date
officers · AP01
2025-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-24