NORTH BUILDING SERVICES LTD
Opportunity 67/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 18.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.1 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 | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £9.5k | £20.2k |
| Current assets | £79.9k | £90.6k |
| Cash | £100 | £100 |
| Debtors | £56.7k | £67.3k |
| Net assets | £401 | £2.6k |
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
Corporate timeline (32 events)Click to expand
- 2025-06-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-31📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-05-27📄gazette-notice-compulsorygazette · GAZ1
- 2024-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-06📄gazette-filings-brought-up-to-dategazette · DISS40
- 2023-05-30📄gazette-notice-compulsorygazette · GAZ1
- 2022-12-22➕MURRAY, Russell Michael appointeddirector
- 2022-12-22➖MUNROE, John Thomas resigneddirector
- 2022-12-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-12-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-04-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-03-30➖WRIGHT, Graeme Douglas resignedsecretary
- 2022-03-30➖WRIGHT, Graeme Douglas resigneddirector
- 2021-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-07-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-08-01➖STOBO, Andrew resigneddirector
- 2008-05-14🔒Charge registered #1Lender: Hsbc Bank PLC
- 2008-03-11🏢Company incorporatedAs NORTH BUILDING SERVICES LTD
- 2008-03-11➕WRIGHT, Graeme Douglas appointedsecretary
- 2008-03-11➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-secretary
- 2008-03-11➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-secretary
- 2008-03-11➕MUNROE, John Thomas appointeddirector
- 2008-03-11➕STOBO, Andrew appointeddirector
- 2008-03-11➕WRIGHT, Graeme Douglas appointeddirector
- 2008-03-11➕JORDANS (SCOTLAND) LIMITED appointedcorporate-director
- 2008-03-11➖JORDANS (SCOTLAND) LIMITED resignedcorporate-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 18 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-03-25
Group structure
Kilbarchan Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Kilbarchan Holdings Ltd Corporate entity | 75–100% | — | 75-100% shares | 11/03/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PWR PACK LTD→ SC368382 · est 2009 | £14.22M £10.67M–£17.78M | £20.18M | — | 1000 | 16y | 83 | 65y |
| FUSION ASSETS LIMITED→ SC299690 · est 2006 | £2.93M £2.19M–£3.66M | £344.0k | — | 1300 | 20y | 83 | 76y |
| MONDO VERDE LTD→ SC741022 · est 2022 | £79.7k £59.8k–£99.6k | £30.9k | — | 200 | 3y | 83 | 48y |
| ADVANCE CONSTRUCTION GROUP LIMITED→ SC202571 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 68y |
| AMCOL SCOTLAND LIMITED→ SC162633 · est 1996 · no financials extracted | — | — | — | — | 30y | 83 | 77y |
| BARR FACILITIES MANAGEMENT LIMITED→ SC154881 · est 1994 · no financials extracted | — | — | — | — | 31y | 83 | 65y |
| FUL-TON FORKLIFTS LIMITED→ SC079132 · est 1982 | — | — | £452.9k | — | 43y | 83 | 81y |
| GSB LANDSCAPES LTD.→ SC354223 · est 2009 | — | — | £228.0k | — | 17y | 83 | 61y |
| MITCHELL DRAINAGE AND WASTE SERVICES LIMITED→ SC184396 · est 1998 | — | — | £201.2k | — | 28y | 83 | 63y |
| NEWMAINS COMMUNITY TRUST LTD→ SC396456 · est 2011 | — | — | £1.89M | — | 15y | 83 | 83y |
| ORAAM INVESTMENTS LIMITED→ SC251461 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 63y |
| PATHFINDER GUIDE DOG PROGRAMME→ SC263973 · est 2004 · no financials extracted | — | — | — | — | 22y | 83 | 79y |
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 →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 (1 active · 6 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc Bank PLC | Floating charge | 1 property | 14/05/2008 | — |