VAIRD LTD

🌳Matureactive
SC336160 · ltd · incorporated 2008-01-14
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Construction of domestic buildings
Sector: Construction
ALSO REGISTERED FOR
  • 47990Other retail sale not in stores, stalls or markets
  • 68209Other letting and operating of own or leased real estate
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 3 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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
57 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review 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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · IFRS
Metric2024-12-312023-12-31
Average employees100

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-01-10
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  6. 2022-01-10
    📄
    legacy
    capital · SH20
  7. 2022-01-10
    ⚠️
    legacy
    insolvency · CAP-SS
  8. 2022-01-10
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2021-06-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2021-06-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2021-06-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2021-06-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2021-06-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2021-06-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2021-06-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2021-06-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2021-05-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2008-01-14
    🏢
    Company incorporated
    As VAIRD LTD
  20. 2008-01-14
    WISHART, Arlene Nita appointed
    secretary
  21. 2008-01-14
    WISHART, Alexander Marshall appointed
    director
  22. 2008-01-14
    WISHART, Arlene Nita appointed
    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 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

89/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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

1 high ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2022-01-10: legacy

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Arlene Nita Wishart
Individual · British · DOB 11/1961 · age 65
2550%
25-50% shares07/01/2019
Mr Alexander Marshall Wishart
Individual · British · DOB 10/1954 · age 72
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mrs Arlene Nita Wishartceased 25/07/2017· 25-50% shares

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

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
Incorporated2008-01-14
Jurisdictionscotland
Primary SIC41202 — Construction of domestic buildings

Registered office

Gleniffer
24 Main Street
Perth
Perth And Kinross
PH2 7HB
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-28
Last: 2026-01-14

Officers (3 active · 0 resigned)

WISHART, Arlene Nita
secretary · appointed 2008-01-14
View their other companies + combined net worth →
Active
WISHART, Alexander Marshall
director · ~72y · appointed 2008-01-14
View their other companies + combined net worth →
Active
WISHART, Arlene Nita
director · ~65y · appointed 2008-01-14
View their other companies + combined net worth →
Active

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

Recent filings (57 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-14
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2022-01-10
legacy
capital · SH20
2022-01-10
legacy
insolvency · CAP-SS
2022-01-10
resolution
resolution · RESOLUTIONS
2022-01-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-06-04
change-person-secretary-company-with-change-date
officers · CH03
2021-06-04