PETER MCKERNAN CONSTRUCTION LIMITED
💤Zombieactive
SC388349 · ltd · incorporated 2010-11-08
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 Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueStrong opportunity: active trading company 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: high (81/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-09-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-10-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-05📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-02-14📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-08-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-11-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-11-12📄change-person-director-company-with-change-dateofficers · CH01
- 2020-11-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-11-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-07-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-06-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-07-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2016-05-31📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-11-11📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-11-08🏢Company incorporatedAs PETER MCKERNAN CONSTRUCTION LIMITED
- 2010-11-08➕MCKERNAN, Peter appointeddirector
Owner dependency
100/100
Critical — business is the founderThe 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 "MCKERNAN" — 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 59 — 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
78/100
Likely off-market candidateStrong 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 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter Mckernan Individual · British · DOB 08/1967 · age 59 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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 →Similar companies
Active · Other · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| REAL MARKETING & PROMOTIONS L.P.→ SL012512 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| SABADA L.P.→ SL021717 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SHELTON TRADE LP→ SL018918 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| SL012812 LP→ SL012812 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| SL023702 LP→ SL023702 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SL027927 LP→ SL027927 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| SL030957 LP→ SL030957 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| SOFRAMA SARL L.P.→ SL014113 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SOLO CORPORATION L.P.→ SL014242 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SOUTHWAY PROJECTS L.P.→ SL013222 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SOUTHWEST BUILDING CONTRACTORS L.P.→ SL022774 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| SPACE ALLIANCE L.P.→ SL010513 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
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
Incorporated2010-11-08
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
29 Brandon Street
Hamilton
South Lanarkshire
ML3 6DA
United Kingdom
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-22
Last: 2025-11-08
Officers (1 active · 0 resigned)
MCKERNAN, Peter→
Activedirector · ~59y · appointed 2010-11-08
View their other companies + combined net worth →
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
2025-11-11
accounts-with-accounts-type-dormant
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-13
accounts-with-accounts-type-dormant
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
change-account-reference-date-company-current-extended
accounts · AA01
2023-10-05
accounts-with-accounts-type-dormant
accounts · AA
2023-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-22
accounts-with-accounts-type-dormant
accounts · AA
2022-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-16
accounts-with-accounts-type-dormant
accounts · AA
2021-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-18
change-person-director-company-with-change-date
officers · CH01
2020-11-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-11-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-11-05