QDECOR LTD
🌳Matureactive
SC518896 · ltd · incorporated 2015-10-28
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 Nov 2025
Net worth
£113.0k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Painting
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
82
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 £112,977
Net assets shrinking
Down £31,360 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£113k
↓ 22% YoY
Current Assets
£86k
↓ 29% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-11-30 | 2024-11-30 |
|---|---|---|
| Total assets | £113.0k | £144.3k |
| Current assets | £85.7k | £120.5k |
| Net assets | £113.0k | £144.3k |
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 (18 events)Click to expand
- 2026-01-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-03-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-03-10📄change-person-director-company-with-change-dateofficers · CH01
- 2025-03-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-02-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-08📄capital-allotment-sharescapital · SH01
- 2022-11-30📄capital-allotment-sharescapital · SH01
- 2022-05-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-11-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-07-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-11-01➕QUIRIE, Kevin appointeddirector
- 2015-10-28🏢Company incorporatedAs QDECOR LTD
- 2015-10-28➕QUIRIE, Gillian appointeddirector
Owner dependency
79/100
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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 11 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
51/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Kevin Quirie Individual · British · DOB 12/1968 · age 58 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Gillian Quirie Individual · British · DOB 05/1969 · age 57 | 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.
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|---|---|---|---|---|---|---|---|
| QUDOS CONSULTING LIMITED→ SC733339 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| RB CONTRACTS LTD→ SC847878 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RBW JOINERS & BUILDERS LTD→ SC362621 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| RDA BUILDING LIMITED→ SC837896 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| RDA SCAFFOLDING LIMITED→ SC268168 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| RDM ELECTRICAL (SCOTLAND) LTD→ SC620868 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| READY CONSTRUCTION LIMITED→ SC393394 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| REALM HOMES LIMITED→ SC507252 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| RED (SCOTLAND) LTD→ SC688838 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| RED BRICK PROPERTY DEVELOPMENT LIMITED→ SC564659 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| REDGORTON LIMITED→ SC858978 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| REDLINE ELECTRICAL SOLUTIONS LTD→ SC878506 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2015-10-28
Jurisdictionscotland
Primary SIC43341 — Painting
Registered office
Admiral House Montgomery Place
The Village
East Kilbride
G74 4BF
Scotland
Filing status
Accounts
Next due: 2027-08-31
Last made up to: 2025-11-30
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08
Officers (2 active · 0 resigned)
QUIRIE, Gillian→
Activedirector · ~57y · appointed 2015-10-28
View their other companies + combined net worth →
QUIRIE, Kevin→
Activedirector · ~58y · appointed 2016-11-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (31 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-13
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-14
change-person-director-company-with-change-date
officers · CH01
2025-03-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-03-06
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-08
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-08
capital-allotment-shares
capital · SH01
2023-03-08
capital-allotment-shares
capital · SH01
2022-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-17
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-09