MCANDREW PLUMBING AND HEATING LTD

🌳Matureactive
SC501252 · ltd · incorporated 2015-03-23
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£1.7k
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 70/100 (strong), bankability 65/100. Strong seller-intent signal (63/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

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
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
Network not yet resolved
30
Filing history
22 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £1,732

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£2k
↑ 249% YoY
Current Assets
£15k
↑ 5.2% YoY
Current Liabilities
-£1k£2k£5k£8k£12k£15kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£2.9k£3.1k
Current assets£14.9k£14.1k
Net assets£1.7k£-1.2k

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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2019-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2018-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2017-12-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2016-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2016-04-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-03-23
    🏢
    Company incorporated
    As MCANDREW PLUMBING AND HEATING LTD
  13. 2015-03-23
    CHUDEK, Colin appointed
    director
  14. 2015-03-23
    LOW, Robert Hunter appointed
    director
  15. 2015-03-23
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2015-03-23
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

78/100
High — earn-out structure required

Material 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.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

56/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-06

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Robert Hunter Low
Individual · British · DOB 02/1958 · age 68
2550%
25-50% shares06/04/2016
Mr Colin Chudek
Individual · British · DOB 09/1972 · age 54
2550%
25-50% shares06/04/2016

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2015-03-23
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

42 Collier Street
Carnoustie
Angus
DD7 7AL
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-06OVERDUE
Last: 2025-03-23

Officers (2 active · 0 resigned)

CHUDEK, Colin
director · ~54y · appointed 2015-03-23
View their other companies + combined net worth →
Active
LOW, Robert Hunter
director · ~68y · appointed 2015-03-23
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-30
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-17
accounts-with-accounts-type-micro-entity
accounts · AA
2019-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-30