TWO BROTHERS BUILD LTD

🏛️Establishedactive
SC545732 · ltd · incorporated 2016-09-19
Investment thesis
Unencumbered property vehicle — clean asset-backed target with refinance headroom.
Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.
Why risky: Values depend on title and valuation; property-specific market exposure.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£15.1k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other holiday and other collective accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 68100Buying and selling of own real estate
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 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
7 connected companies via shared directors
66
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £15,062

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£15k
↑ 483% YoY
Current Assets
£32k
↓ 33% YoY
Current Liabilities
—
£0£10k£19k£29k£39k£48kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£21.5k£2.6k
Current assets£32.4k£48.3k
Net assets£15.1k£2.6k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2025-09-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-06-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-09
    📄
    capital-allotment-shares
    capital · SH01
  5. 2022-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2019-10-09
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2019-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-05-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2016-09-19
    🏢
    Company incorporated
    As TWO BROTHERS BUILD LTD
  12. 2016-09-19
    ➕
    BULLOCH, Alan James appointed
    director
  13. 2016-09-19
    ➕
    BULLOCH, Gordon Campbell appointed
    director
  14. 2016-09-19
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Gordon Campbell Bulloch
Individual · British · DOB 03/1975 · age 51
25–50%
25–50%board control25-50% shares · 25-50% voting · board control19/09/2016
Mr Alan Bulloch
Individual · British · DOB 07/1977 · age 49
25–50%
25–50%board control25-50% shares · 25-50% voting · board control19/09/2016

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 →

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——29815y8767y
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——21318y8367y
AN CLACHAN CAFE LIMITED→
SC313545 · est 2006
——£45.0k—19y8359y
AUCHENGEICH MINERS WELFARE SOCIETY AND SOCIAL CLUB LIMITED→
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——£220.3k—25y8390y
CRAIGENDMUIR LIMITED→
SC258280 · est 2003
——£1.34M—22y8360y
D'ARCY'S (GLASGOW) LIMITED→
SC264250 · est 2004 · no financials extracted
————22y8364y
DANNY'S SNACKS LIMITED→
SC338593 · est 2008 · no financials extracted
————18y8365y
DIXON ARMS (GLENROTHES) LIMITED→
SC325347 · est 2007 · no financials extracted
————18y8364y
JOHN MACLAREN AND SONS LIMITED→
SC291419 · est 2005
——£6.6k—20y8372y
KINGSRIDGE CLEDDANS ECONOMIC DEVELOPMENT GROUP→
SC133036 · est 1991 · no financials extracted
————34y8387y
LA LANTERNA GLASGOW LTD→
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———3221y8360y
LATHONES CARAVAN COMPANY LIMITED→
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———044y8368y
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
Incorporated2016-09-19
Jurisdictionscotland
Primary SIC55209 — Other holiday and other collective accommodation

Registered office

Braefoot
Dumgoyne
Glasgow
G63 9LL
United Kingdom

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-06-13
Last: 2025-05-30

Officers (2 active · 0 resigned)

BULLOCH, Alan James→
director · ~49y · appointed 2016-09-19
View their other companies + combined net worth →
Active
BULLOCH, Gordon Campbell→
director · ~51y · appointed 2016-09-19
View their other companies + combined net worth →
Active

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

Recent filings (20 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
capital-allotment-shares
capital · SH01
2023-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-05
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-24
accounts-with-accounts-type-micro-entity
accounts · AA
2020-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-06
resolution
resolution · RESOLUTIONS
2019-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2019-08-19