DECOCRETE BUILDING LIMITED

💤Zombieactive

SC351689 · ltd · incorporated 2008-11-24

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Other building completion and finishing

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 16.8y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 16.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

39 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	—	£373.1k
Current assets	—	£79.8k
Net assets	—	£246.3k
Average employees	200	—

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

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2025-12-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-25
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-09-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-16
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-11
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-11-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-08-10
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2008-11-24
🏢
Company incorporated
As DECOCRETE BUILDING LIMITED
2008-11-24
➕
GIBBS, Martin appointed
director

Owner dependency

98/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 59 — approaching natural succession window.
+No director turnover: Company is 17 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

78/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 17 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

Name	Shares	Voting rights	Nature of control	Notified
Martin Gibbs Individual · British · DOB 06/1967 · age 59	50–75%	50–75%	50-75% shares · 50-75% voting	06/04/2016
Mrs Sally Ann Gibbs Individual · British · DOB 02/1969 · age 57	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · ZE postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
G & S FLOORING LTD.→ SC242712 · est 2003	—	—	—	900	23y	83	64y
D & R CONTRACTORS LIMITED→ SC338244 · est 2008	—	—	—	500	18y	82	62y
MCKAY & SINCLAIR LTD→ SC377277 · est 2010	—	—	—	4	16y	82	60y
MCKIMMS LTD→ SC336833 · est 2008	—	—	£2.06M	—	18y	82	70y
SHETLAND HEATWISE→ SC140012 · est 1992	—	—	—	13	33y	82	80y
E & H BUILDING CONTRACTORS LTD.→ SC297213 · est 2006	—	—	£3.80M	—	20y	81	62y
HJALTLAND TRADING LIMITED→ SC261152 · est 2003 · no financials extracted	—	—	—	—	22y	81	77y
C & M BUILDING CONTRACTORS LIMITED→ SC339136 · est 2008	—	—	£34.8k	—	18y	80	59y
G SUTHERLAND BUILDERS LIMITED→ SC248747 · est 2003	—	—	—	0	23y	80	68y
J S BUILDING CONTRACTORS LTD→ SC385658 · est 2010	—	—	—	400	15y	80	62y
M. RATTER LIMITED→ SC274523 · est 2004	—	—	£68.2k	—	21y	80	67y
KEVIN SUTHERLAND CONSTRUCTION LIMITED→ SC248548 · est 2003 · no financials extracted	—	—	—	—	22y	—	—

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

Incorporated2008-11-24

Jurisdictionscotland

Primary SIC43390 — Other building completion and finishing

Registered office

Old Trafford Skellister

South Nesting

Shetland

ZE2 9PP

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-12-08

Last: 2025-11-24

Officers (1 active · 0 resigned)

GIBBS, Martin→

director · ~59y · appointed 2008-11-24

View their other companies + combined net worth →

Active

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Virgin Money Clydesdale Bank PLC	Floating charge	1 property	10/08/2009	—

Click column headers to sort. Use filters above to narrow by status and lender.