R M PLUMBING & GAS SERVICES LIMITED
🌳Matureactive
SC409540 · ltd · incorporated 2011-10-17
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£136.1k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -43% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (79/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
38 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £136,063
Net assets shrinking
Down £49,026 YoY
Cash draining
Cash down 43% YoY
Cash YoY
-43%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£154k
↓ 43% YoY
Net Worth
£136k
↓ 26% YoY
Current Assets
£278k
↓ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Total assets | £141.6k | £190.6k |
| Current assets | £277.9k | £317.7k |
| Cash | £154.2k | £270.6k |
| Debtors | £115.1k | £37.5k |
| Net assets | £136.1k | £185.1k |
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 (18 events)Click to expand
- 2025-07-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-10-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-10-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-10-17➕MCFARLANE, Ronnie appointeddirector
- 2024-07-12📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-07-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-13📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-08-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-11-13📄change-person-director-company-with-change-dateofficers · CH01
- 2019-11-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-22📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-07-03📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-07-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-10-17🏢Company incorporatedAs R M PLUMBING & GAS SERVICES LIMITED
- 2011-10-17➕MCFARLANE, Sharon Elizabeth appointeddirector
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- 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
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ronnie Mcfarlane Individual · British · DOB 03/1996 · age 30 | 25–50% | — | 25-50% shares | 17/10/2024 |
Mrs Sharon Elizabeth Mcfarlane Individual · British · DOB 10/1972 · age 54 | 25–50% | — | 25-50% shares | 30/06/2016 |
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 · Construction · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| REVOLVED SOLUTIONS LTD→ SC843498 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| REWD DEVELOPMENTS LIMITED→ SC646124 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| RG MACGREGOR SCAFFOLDING LIMITED→ SC844445 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| RID ENGINEERING SERVICES LTD→ SC373730 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| RIGGING ROPES LTD→ SC538531 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| RJM CONSTRUCTION (SCOT) LIMITED→ SC720008 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| RL ROOFING SOLUTIONS LIMITED→ SC851010 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RMC ACCESS LTD→ SC757528 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| RNR ELECTRICAL LTD→ SC744402 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ROADSMART TRAFFIC MANAGEMENT LIMITED→ SC746362 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ROBBEX FM LIMITED→ SC595937 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ROBERT BROWN & SONS LIMITED→ SC297807 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
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
Incorporated2011-10-17
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
141 Crowhill Road
Bishopbriggs
Glasgow
East Dunbartonshire
G64 1RS
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-31
Last: 2025-10-17
Officers (2 active · 0 resigned)
MCFARLANE, Ronnie→
Activedirector · ~30y · appointed 2024-10-17
View their other companies + combined net worth →
MCFARLANE, Sharon Elizabeth→
Activedirector · ~54y · appointed 2011-10-17
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (38 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-21
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-07-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-22
appoint-person-director-company-with-name-date
officers · AP01
2024-10-22
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-07-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-22