ROOF SEAL (SCOTLAND) LTD

🌳Matureactive
SC373523 · ltd · incorporated 2010-02-23
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 Dec 2024
Net worth
£487.7k
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: Other cleaning services
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

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 (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £487,727

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£488k
↑ 38% YoY
Current Assets
£511k
↑ 21% YoY
Current Liabilities
£0£102k£204k£307k£409k£511kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£487.7k£353.3k
Current assets£511.2k£424.2k
Net assets£487.7k£353.3k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
5
filings
  • 4 persons-with-significant-control
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-02-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-02-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-02-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-12-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-10-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-10-23
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2025-08-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-09-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2023-09-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-11-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-03-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2018-06-07
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2017-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2010-03-01
    VAREY, Billie Jo appointed
    director
  18. 2010-03-01
    VAREY, Thomas appointed
    director
  19. 2010-02-23
    🏢
    Company incorporated
    As ROOF SEAL (SCOTLAND) LTD
  20. 2010-02-23
    COSEC LIMITED appointed
    corporate-secretary
  21. 2010-02-23
    COSEC LIMITED resigned
    corporate-secretary
  22. 2010-02-23
    MCMEEKIN, James Stuart appointed
    director
  23. 2010-02-23
    MCMEEKIN, James Stuart resigned
    director
  24. 2010-02-23
    COSEC LIMITED appointed
    corporate-director
  25. 2010-02-23
    COSEC LIMITED resigned
    corporate-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 16 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

59/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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.)

Group structure

Gretna Properties Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Gretna Properties Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
ROOF SEAL (SCOTLAND) LTD
This company · SC373523

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%
NameSharesVoting rightsNature of controlNotified
Gretna Properties Ltd
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/01/2026
2 historic (ceased) PSCs
  • Mr Thomas Vareyceased 26/01/2026· 25-50% shares
  • Mrs Billie Jo Vareyceased 26/01/2026· 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

6 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
Incorporated2010-02-23
Jurisdictionscotland
Primary SIC81299 — Other cleaning services

Registered office

Roof Seal (Scotland) Ltd Clyde Offices
2nd Floor
48 West George Street
Glasgow
G2 1BP
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-09
Last: 2026-02-23

Officers (2 active · 3 resigned)

VAREY, Billie Jo
director · ~41y · appointed 2010-03-01
View their other companies + combined net worth →
Active
VAREY, Thomas
director · ~42y · appointed 2010-03-01
View their other companies + combined net worth →
Active
COSEC LIMITED
corporate-secretary · appointed 2010-02-23 · resigned 2010-02-23
Resigned
MCMEEKIN, James Stuart
director · ~59y · appointed 2010-02-23 · resigned 2010-02-23
Resigned
COSEC LIMITED
corporate-director · appointed 2010-02-23 · resigned 2010-02-23
Resigned

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

Recent filings (54 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-24
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-28