CHAPS HEATING & PLUMBING LIMITED
🌳Matureactive
SC421120 · ltd · incorporated 2012-04-03
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 Mar 2025
Net worth
£55.6k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueAsset-holding vehicle. Family succession underway — not a classic acquisition target.
Opportunity 79/100 (strong), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £55,576
Net assets shrinking
Down £25,812 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£56k
↓ 32% YoY
Current Assets
£137k
↓ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £55.6k | £88.3k |
| Current assets | £136.8k | £155.5k |
| Net assets | £55.6k | £81.4k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-12-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-16📄capital-alter-shares-subdivisioncapital · SH02
- 2025-05-16📄resolutionresolution · RESOLUTIONS
- 2025-05-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-05-01➕CHAPMAN, Victoria Emma appointeddirector
- 2025-04-07📄change-person-director-company-with-change-dateofficers · CH01
- 2024-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-11-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-11-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-12-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2012-04-03🏢Company incorporatedAs CHAPS HEATING & PLUMBING LIMITED
- 2012-04-03➕CHAPMAN, Ian David appointeddirector
- 2012-04-03➕CHAPMAN, John Edward appointeddirector
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 75 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
33/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- primaryFamily succession underway: Not a takeover target — CHAPMAN, Victoria Emma (same surname) appointed 2025-05-01. Pattern consistent with intra-family handover.
- primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 14 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 Ian David Chapman Individual · Scottish · DOB 02/1977 · age 49 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
Mr John Edward Chapman Individual · Scottish · DOB 04/1951 · age 75 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Construction · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| C M H ROOFING LTD→ SC812208 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CARNETHY LIMITED→ SC250503 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| CF RENOVATIONS LTD→ SC605660 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| CHARTERED HOMES LIMITED→ SC115071 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| CHRISTIES PARKS LIMITED→ SC292808 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| CLARENDON CONTRACTS LIMITED→ SC666074 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CLEANWATER ENERGY SERVICES LTD→ SC698498 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| CLELAND ROOFING SOLUTIONS LIMITED→ SC670470 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| CLYDEBUILT II (SPV NO.1) LIMITED→ SC828201 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CMG FLOORING SOLUTIONS LTD→ SC831337 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| CNL SK LIMITED→ SC851785 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| COAST KITCHENS & BATHROOMS LIMITED→ SC468467 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated2012-04-03
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
45 Craigentinny Crescent
Edinburgh
EH7 6QA
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-07
Last: 2026-03-24
Officers (3 active · 0 resigned)
CHAPMAN, Ian David→
Activedirector · ~49y · appointed 2012-04-03
View their other companies + combined net worth →
CHAPMAN, John Edward→
Activedirector · ~75y · appointed 2012-04-03
View their other companies + combined net worth →
CHAPMAN, Victoria Emma→
Activedirector · ~45y · appointed 2025-05-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (35 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-26
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-23
capital-alter-shares-subdivision
capital · SH02
2025-05-16
resolution
resolution · RESOLUTIONS
2025-05-16
appoint-person-director-company-with-name-date
officers · AP01
2025-05-12
change-person-director-company-with-change-date
officers · CH01
2025-04-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-20