COWAL STOVES LTD

🌳Matureactive
SC282140 · ltd · incorporated 2005-03-24
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£-7.1k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other construction installation
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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 (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
57 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 · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £7,055
Net assets shrinking
Down £11,484 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
-£7k
↓ 259% YoY
Current Assets
£9k
↓ 64% YoY
Current Liabilities
—
-£7k-£688£6k£12k£18k£25kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£-7.1k£4.4k
Current assets£9.0k£24.8k
Net assets£-7.1k£4.4k

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-06-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-06-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-06-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-02-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-05-04
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  9. 2023-04-24
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2022-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2005-03-24
    🏢
    Company incorporated
    As COWAL STOVES LTD
  17. 2005-03-24
    ➕
    STEWART, Patricia Margaret appointed
    secretary
  18. 2005-03-24
    ➕
    STEWART, Colin appointed
    director
  19. 2005-03-24
    ➕
    STEWART, Patricia Margaret appointed
    director
  20. 2005-03-24
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  21. 2005-03-24
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  22. 2005-03-24
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  23. 2005-03-24
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

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
Mr Colin Stewart
Individual · British · DOB 06/1959 · age 67
25–50%
—25-50% shares06/04/2016
Mrs Patricia Margaret Stewart
Individual · British · DOB 09/1958 · age 68
25–50%
—25-50% shares06/04/2016

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2005-03-24
Jurisdictionscotland
Primary SIC43290 — Other construction installation

Registered office

14 Mary Street
Dunoon
Argyll
PA23 7ED
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24

Officers (3 active · 2 resigned)

STEWART, Patricia Margaret→
secretary · appointed 2005-03-24
View their other companies + combined net worth →
Active
STEWART, Colin→
director · ~67y · appointed 2005-03-24
View their other companies + combined net worth →
Active
STEWART, Patricia Margaret→
director · ~68y · appointed 2005-03-24
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2005-03-24 · resigned 2005-03-24
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2005-03-24 · resigned 2005-03-24
Resigned

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

Recent filings (57 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-31
change-person-director-company-with-change-date
officers · CH01
2024-06-25
change-person-director-company-with-change-date
officers · CH01
2024-06-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-30
certificate-change-of-name-company
change-of-name · CERTNM
2023-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-28
resolution
resolution · RESOLUTIONS
2023-04-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-06