FORTH PLUMBING & HEATING (STIRLING) LIMITED
No material changes in the last 30 days.
No snapshot from 90 days ago — start tracking from today.
No snapshot from 180 days ago — start tracking from today.
Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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
1 live charge · oldest 12.3y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 12.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £396.9k | £336.8k |
| Current assets | £478.7k | £488.1k |
| Cash | £349.2k | £389.8k |
| Debtors | £124.7k | £92.9k |
| Net assets | £385.1k | £336.8k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (19 events)Click to expand
- 2025-12-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-17📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-06-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-06-13📄change-person-director-company-with-change-dateofficers · CH01
- 2018-12-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-12-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-01-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-12-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-03-14🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2005-03-01🏢Company incorporatedAs FORTH PLUMBING & HEATING (STIRLING) LIMITED
- 2005-03-01➕LAWSON, Karen appointedsecretary
- 2005-03-01➕LAWSON, Hugh appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
- +No director turnover: Company is 21 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 21 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
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Hugh Lawson Individual · British · DOB 10/1969 · age 57 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FORSYTH OF DENNY LIMITED→ SC105626 · est 1987 | £5.36M £3.83M–£6.89M | — | — | 10900 | 38y | 85 | 61y |
| OGILVIE CONSTRUCTION LIMITED→ SC069644 · est 1979 | £3.01M £2.15M–£3.87M | — | — | 146 | 46y | 94 | 70y |
| JAMES STRANG LIMITED→ SC100720 · est 1986 | £479.5k £342.5k–£616.5k | — | — | 53 | 39y | 88 | 64y |
| CONCEPT INSTALLATIONS ALLOA LTD→ SC719515 · est 2022 | £48.5k £34.6k–£62.3k | £89.0k | — | 100 | 4y | 84 | 46y |
| SCA CARPENTRY & BUILDING SERVICES LTD→ SC771129 · est 2023 | £35.3k £25.2k–£45.4k | £126.2k | — | 200 | 3y | 84 | 33y |
| CENTRAL DEMOLITION LIMITED→ SC172244 · est 1997 | — | — | £8.08M | — | 29y | 83 | 60y |
| FES LIMITED→ SC053848 · est 1973 · no financials extracted | — | — | — | — | 52y | 83 | 84y |
| GBSS CIVIL ENGINEERING LTD→ SC357477 · est 2009 | — | — | — | 29 | 17y | 83 | 59y |
| IMAGING SUPPLIES LIMITED→ SC176285 · est 1997 | — | — | — | 5 | 29y | 83 | 58y |
| MCG RAIL LIMITED→ SC356959 · est 2009 | — | — | — | 300 | 17y | 83 | 58y |
| R. LINDSAY AND COMPANY (CONTRACTORS) LIMITED→ SC063657 · est 1977 | — | — | — | 28 | 48y | 83 | 59y |
| R.T.A. BUILDING & CONSTRUCTION CO. LIMITED→ SC177982 · est 1997 | — | — | £247.9k | — | 28y | 83 | 60y |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 14/03/2014 | — |