APEX ROOFLINE LIMITED

💤Zombieactive
SC374030 · ltd · incorporated 2010-03-03
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
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Turnover
year to Mar 2024
Net worth
£1
book net assets
Opportunity
57/100
Worth a look
🔔
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What this business does
Primary activity: Roofing activities
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 57/100 (worth a look), bankability 45/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

Data confidence

Overall: medium (77/100)

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
4 officers (1 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
57/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
45
Concerning — overdue filings or status flags present.
Acquirability
60
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£1
~ YoY
Current Assets
£1
~ YoY
Current Liabilities
£0£0£0£1£1£1Mar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-03-312023-03-31
Total assets£1£1
Current assets£1£1
Net assets£1£1

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-04-01
    MOORE, Oliver resigned
    director
  2. 2025-04-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-04-01
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-05-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-04-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-04-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-05-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2017-05-05
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2016-04-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-03-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-05-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2015-03-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-04-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2014-03-04
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2010-03-03
    🏢
    Company incorporated
    As APEX ROOFLINE LIMITED
  19. 2010-03-03
    BROWN, John Donald appointed
    director
  20. 2010-03-03
    BRIAN REID LTD. appointed
    corporate-secretary
  21. 2010-03-03
    BRIAN REID LTD. resigned
    corporate-secretary
  22. 2010-03-03
    MABBOTT, Stephen George appointed
    director
  23. 2010-03-03
    MABBOTT, Stephen George resigned
    director
  24. 2010-03-03
    MOORE, Oliver appointed
    director

Owner dependency

85/100
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 16 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.

Red flags

2 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-03-17

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr John Donald Brown
Individual · British · DOB 02/1970 · age 56
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/03/2017

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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
Incorporated2010-03-03
Jurisdictionscotland
Primary SIC43910 — Roofing activities

Registered office

91 Alexander Street
Airdrie
ML6 0BD

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-03-17OVERDUE
Last: 2025-03-03

Officers (1 active · 3 resigned)

BROWN, John Donald
director · ~56y · appointed 2010-03-03
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-secretary · appointed 2010-03-03 · resigned 2010-03-03
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2010-03-03 · resigned 2010-03-03
Resigned
MOORE, Oliver
director · ~44y · appointed 2010-03-03 · resigned 2025-04-01
Resigned

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

Recent filings (36 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-01
termination-director-company-with-name-termination-date
officers · TM01
2025-04-01
change-person-director-company-with-change-date
officers · CH01
2025-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-03
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-03-04