DES MCNULTY LTD.

💤Zombieactive

SC357108 · ltd · incorporated 2009-03-24

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 Apr 2025

Net worth

£122.1k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Plumbing, heat and air-conditioning installation

Sector: Construction

Investor take

Pursue

Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). 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 (73/100).

Data confidence

Overall: medium (76/100)

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

Confirmed no charges registered

Directors & officers

4 officers (2 active, 4 linked, 2 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

48 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £122,060

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£122k

↑ 4.8% YoY

Current Assets

£75k

↑ 37% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2025-04-30	2024-04-30
Total assets	£123.9k	£118.3k
Current assets	£75.4k	£55.2k
Net assets	£122.1k	£116.5k

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

• 2 confirmation-statement
• 1 persons-with-significant-control

Last 90 days

filings

• 2 confirmation-statement
• 1 persons-with-significant-control

Last 180 days

filings

• 2 confirmation-statement
• 1 persons-with-significant-control
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-04-21
📄
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-04-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-06
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-11
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2019-10-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-11-07
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-25
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2009-03-24
🏢
Company incorporated
As DES MCNULTY LTD.
2009-03-24
➕
MCNULTY, Debra appointed
secretary
2009-03-24
➕
MCNULTY, Desmond appointed
director
2009-03-24
➕
BRIAN REID LTD. appointed
corporate-secretary
2009-03-24
➖
BRIAN REID LTD. resigned
corporate-secretary
2009-03-24
➕
MABBOTT, Stephen George appointed
director
2009-03-24
➖
MABBOTT, Stephen George resigned
director

Owner dependency

100/100

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.
+Founder name in company name: Company name contains director surname "MCNULTY" — strong identity link between founder and business.
+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.

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
Mr Desmond Mcnulty Individual · British · DOB 01/1967 · age 59	25–50%	—	25-50% shares	24/03/2017
Mrs Debra Jane Mcnulty Individual · British · DOB 05/1965 · age 61	25–50%	—	25-50% shares	24/03/2017

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

Similar companies

Active · Construction · PA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
FRANCISCUS LANKAMP LTD→ SC866417 · est 2025 · no financials extracted	—	—	—	—	—	—	—
FRASER HEATING & PLUMBING ARDRISHAIG LTD→ SC747266 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
FSPS (SCOTLAND) LTD→ SC622201 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
FULWOOD BUILDING SERVICES LIMITED→ SC136713 · est 1992 · no financials extracted	—	—	—	—	34y	—	—
FUTURE CONTRACTORS LTD→ SC747559 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
G12 LIMITED→ SC118163 · est 1989 · no financials extracted	—	—	—	—	36y	—	—
G2 PROPERTY RENOVATIONS LTD→ SC641511 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
GAFC LIMITED→ SC855573 · est 2025 · no financials extracted	—	—	—	—	—	—	—
GAS WORK, PLUMBING & HEATING SOLUTION LIMITED→ SC378339 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
GAV MCCUE CONSTRUCTION LTD→ SC842823 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
GB.ACCESS.SOLUTIONS LTD→ SC877707 · est 2026 · no financials extracted	—	—	—	—	—	—	—
GCS CONTRACTS LTD→ SC545531 · est 2016 · no financials extracted	—	—	—	—	9y	—	—

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

Incorporated2009-03-24

Jurisdictionscotland

Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

- Tullich

Dalmally

Argyll

PA33 1AX

Filing status

Accounts

Next due: 2027-01-31

Last made up to: 2025-04-30

Confirmation statement

Next due: 2027-04-07

Last: 2026-03-24

Officers (2 active · 2 resigned)

MCNULTY, Debra→

secretary · appointed 2009-03-24

View their other companies + combined net worth →

Active

MCNULTY, Desmond→

director · ~59y · appointed 2009-03-24

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-secretary · appointed 2009-03-24 · resigned 2009-03-24

Resigned

MABBOTT, Stephen George→

director · ~76y · appointed 2009-03-24 · resigned 2009-03-24

Resigned

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

Recent filings (48 total)

replacement-filing-of-confirmation-statement-with-made-up-date

confirmation-statement · RP01CS01

2026-04-21

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2026-04-09