A & B BUCHAN LIMITED

🌳Matureactive

SC375607 · ltd · incorporated 2010-03-25

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 16.0y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

£945.4k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Roofing activities

Sector: Construction

Investor take

Pursue

Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 62). 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 16.0y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 16.0 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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

2 officers (2 active, 2 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

35 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £945,390

Cash YoY

+1%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£689k

↑ 1.2% YoY

Net Worth

£945k

↑ 7.8% YoY

Current Assets

£1.3m

↑ 3.8% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-05-31	2024-05-31
Total assets	£1.00M	£934.5k
Current assets	£1.27M	£1.22M
Cash	£689.1k	£680.8k
Debtors	£163.6k	£217.2k
Net assets	£945.4k	£877.4k

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

🔒Filing-note intelligence

2 signals 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

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-01-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-02-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-04-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-01-28
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-04-07
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-01-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-04-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-06-01
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2010-03-25
🏢
Company incorporated
As A & B BUCHAN LIMITED
2010-03-25
➕
BUCHAN, Stephen Alexander appointed
director
2010-03-25
➕
SMITH, Sharon Margaret appointed
director

Owner dependency

96/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder name in company name: Company name contains director surname "BUCHAN" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100

Strong succession signal

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Stephen Alexander Buchan Individual · British · DOB 06/1964 · age 62	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016
Mrs Sharon Margaret Smith Individual · British · DOB 12/1969 · age 57	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016

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

Similar companies

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SEIVWRIGHT BROTHERS LIMITED→ SC234623 · est 2002	£8.04M £5.74M–£10.33M	—	—	73	23y	87	76y
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M.T.M.CONSTRUCTION LIMITED→ SC056163 · est 1974	£2.93M £2.10M–£3.77M	—	—	5200	51y	87	76y
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SKENE ENTERPRISES (ABERDEEN) LIMITED→ SC072886 · est 1980	£910.0k £650.0k–£1.17M	—	—	105	45y	83	87y
AJC CONSTRUCTION SCOTLAND LIMITED→ SC216542 · est 2001	—	—	—	2700	25y	83	60y
AM CAMPBELL (UK) LTD.→ SC212573 · est 2000	—	—	£72.9k	—	25y	83	63y
LADYSBRIDGE VILLAGE LIMITED→ SC262049 · est 2004	—	—	—	0	22y	83	75y
SPARK'S MECHANICAL SERVICES LIMITED→ SC102458 · est 1986	—	—	£3.06M	—	39y	83	59y
T & M SLATING LTD.→ SC251627 · est 2003	—	—	—	9	22y	83	59y
WHITEHILLS DEVELOPMENT CO. LTD.→ SC216307 · est 2001	—	—	£49.1k	—	25y	83	75y
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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.

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Company details

Statusactive

Typeltd

Incorporated2010-03-25

Jurisdictionscotland

Primary SIC43910 — Roofing activities

Registered office

Block 1 Old Station Yard

Main Street

Alford

AB33 8FD

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2027-04-08

Last: 2026-03-25

Officers (2 active · 0 resigned)

BUCHAN, Stephen Alexander→

director · ~62y · appointed 2010-03-25

View their other companies + combined net worth →

Active

SMITH, Sharon Margaret→

director · ~57y · appointed 2010-03-25

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	01/06/2010	—

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