R & B PAINTERS & DECORATORS LTD

🏛️Establishedactive

SC542057 · ltd · incorporated 2016-08-05

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

—

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Painting

Sector: Construction

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (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 (58/100).

Data confidence

Overall: medium (72/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

4 active PSC(s) of 4 total, 4 with control declared

Director network

1 connected companies via shared directors

Filing history

23 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31
Average employees	800

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (17 events)Click to expand

2025-12-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-03
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-06-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-06-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-04-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-07
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-08-07
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2016-12-23
📄
change-account-reference-date-company-current-extended
accounts · AA01
2016-08-05
🏢
Company incorporated
As R & B PAINTERS & DECORATORS LTD
2016-08-05
➕
GOODFELLOW, Ross appointed
director
2016-08-05
➕
MELROSE, Barrie appointed
director
2016-08-05
📄
incorporation-company
incorporation · NEWINC

Owner dependency

63/100

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.
+No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

4 active beneficial owners · fragmented

Name	Shares	Voting rights	Nature of control	Notified
Mr Ross Goodfellow Individual · British · DOB 12/1980 · age 46	25–50%	—	25-50% shares	05/08/2016
Mr Barrie Melrose Individual · British · DOB 10/1978 · age 48	25–50%	—	25-50% shares	05/08/2016
Mr Barrie Melrose Individual · British · DOB 10/1978 · age 48	25–50%	25–50%	25-50% shares · 25-50% voting	05/08/2016
Mr Ross Goodfellow Individual · British · DOB 12/1980 · age 46	25–50%	25–50%	25-50% shares · 25-50% voting	05/08/2016

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 · TD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
SKS JOINERY LIMITED→ SC237743 · est 2002	—	—	—	500	23y	83	63y
TERNION JOINERY LIMITED→ SC292238 · est 2005	—	—	£17.7k	—	20y	83	62y
B & K HUME GROUNDWORKS LIMITED→ SC290502 · est 2005	—	—	£546.1k	—	20y	82	87y
BORDER COATINGS (SCOTLAND) LIMITED→ SC262007 · est 2004	—	—	—	4	22y	82	81y
BRYAN MOFFAT LIMITED→ SC283643 · est 2005	—	—	£179	—	21y	82	59y
DOBBIE & MICHIE LIMITED→ SC243747 · est 2003	—	—	£161.7k	—	23y	82	58y
FAIRVIEW BUILDING SERVICES LIMITED→ 00808186 · est 1964	—	—	—	2	61y	82	65y
FJORDHUS CONSTRUCTION LIMITED→ SC298266 · est 2006	—	—	—	700	20y	82	80y
TOMMY MCCOLL ELECTRICAL LTD→ 13484599 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
TWEED GROUP LTD→ 15155886 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
TWEED TIMBER FRAME LTD→ 14598774 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ULTRAMECH NORTH EAST LTD→ 12925214 · est 2020 · no financials extracted	—	—	—	—	5y	—	—

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

Incorporated2016-08-05

Jurisdictionscotland

Primary SIC43341 — Painting

Registered office

27 North Bridge Street

Hawick

TD9 9BD

United Kingdom

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-08-18

Last: 2025-08-04

Officers (2 active · 0 resigned)

GOODFELLOW, Ross→

director · ~46y · appointed 2016-08-05

View their other companies + combined net worth →

Active

MELROSE, Barrie→

director · ~48y · appointed 2016-08-05

View their other companies + combined net worth →

Active

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

Recent filings (23 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-12-27

change-account-reference-date-company-previous-shortened

accounts · AA01

2025-09-03