TOPPING CONSTRUCTION LIMITED

💤Zombieactive
SC457681 · ltd · incorporated 2013-08-27
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 Aug 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (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: 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 (58/100).

Data confidence

Overall: medium (76/100)

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 (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Aug 2024Aug 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-08-312024-08-31
Average employees2200

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 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-03-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-08-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-05-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-06-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-05-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-08-28
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-06-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2014-10-31
    TOPPING, David Robert resigned
    director
  17. 2013-08-27
    🏢
    Company incorporated
    As TOPPING CONSTRUCTION LIMITED
  18. 2013-08-27
    TOPPING, Fiona Grace appointed
    secretary
  19. 2013-08-27
    TOPPING, Fiona Grace appointed
    director
  20. 2013-08-27
    TOPPING, David Robert appointed
    director

Owner dependency

90/100
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.
  • +Founder name in company name: Company name contains director surname "TOPPING" — strong identity link between founder and business.

Succession & seller-readiness

58/100
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 13 years.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr David Robert Topping
Individual · British · DOB 09/1969 · age 57
2550%
25–50%25-50% shares · 25-50% voting13/08/2025
Mrs Fiona Grace Topping
Individual · British · DOB 06/1972 · age 54
2550%
25–50%25-50% shares · 25-50% voting30/06/2016

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

Similar companies

Active · Construction · DG postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DAVID HARDIE ENGINEERING LTD.
SC162759 · est 1996
£1.92M
£1.37M£2.46M
6830y8766y
ACON LIMITED
SC277386 · est 2004
£29.0k21y8362y
ICM DEVELOPMENTS LIMITED
SC332169 · est 2007
£515.5k18y8368y
NITH VALLEY CONSTRUCTION LIMITED
SC239606 · est 2002
1023y8364y
A & H FLOOR COVERING SPECIALISTS LIMITED
SC229101 · est 2002
50024y8273y
A.I. TONNAR LIMITED
SC221253 · est 2001
£264.5k24y8268y
BELL ELECTRICAL GROUP LIMITED
SC150935 · est 1994
£990.5k31y8279y
BORDER HOMES LTD
SC388242 · est 2010
140015y8269y
BUILDING CRAFTSMEN (YEOVIL) LIMITED
SC104994 · est 1987
£2.32M38y8268y
DONALD C. MCROBERT & SON LIMITED
SC271631 · est 2004
£107.3k21y8279y
ENERGY CENTRE SCOTLAND LIMITED
SC395458 · est 2011
£200.6k15y8266y
FERRIE HEATING SERVICES LIMITED
SC356337 · est 2009
£31.1k17y8260y
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
Incorporated2013-08-27
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings

Registered office

1 Church Grove
Leswalt
Stranraer
DG9 0JZ

Filing status

Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2026-09-10
Last: 2025-08-27

Officers (2 active · 1 resigned)

TOPPING, Fiona Grace
secretary · appointed 2013-08-27
View their other companies + combined net worth →
Active
TOPPING, Fiona Grace
director · ~54y · appointed 2013-08-27
View their other companies + combined net worth →
Active
TOPPING, David Robert
director · ~57y · appointed 2013-08-27 · resigned 2014-10-31
Resigned

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

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-11