FALKIRK BUILDING COMPANY LIMITED
🏛️Establishedactive
SC579855 · ltd · incorporated 2017-10-26
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 Jan 2025
Net worth
£75.3k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Development of building projects
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (79/100)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, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
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 declaredPositive net assets
Net assets £75,286
Net assets shrinking
Down £1,061 YoY
Cash YoY
+45%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£32k
↑ 45% YoY
Net Worth
£75k
↓ 1.4% YoY
Current Assets
£78k
↓ 35% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £76.8k | £78.8k |
| Current assets | £78.1k | £120.9k |
| Cash | £32.1k | £22.2k |
| Debtors | £45.9k | £98.7k |
| Net assets | £75.3k | £76.3k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
- 2025-06-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-06-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-02-03📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-10-27➖FLEMING, Thomas resigneddirector
- 2018-04-04📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2018-02-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-10-26🏢Company incorporatedAs FALKIRK BUILDING COMPANY LIMITED
- 2017-10-26➕HANNIGAN, Douglas appointeddirector
- 2017-10-26➕WESTWATER, Alan James appointeddirector
- 2017-10-26➕FLEMING, Thomas appointeddirector
- 2017-10-26📄incorporation-companyincorporation · NEWINC
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Douglas Hannigan Individual · British · DOB 02/1970 · age 56 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 26/10/2017 |
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 · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ELSTON ROOFING SERVICES LTD→ SC877187 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FALLEN TREE WORKSHOP LIMITED→ SC558880 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| FARRELL ELECTRICAL & PROPERTY SERVICES LTD→ SC726247 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| FIFE RIGGING CONSULTANTS LTD→ SC851758 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| FINISHING TOUCH PLASTERERS LTD→ SC828727 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| FIRSIDE JOINERY LIMITED→ SC194678 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| FIRST CHOICE GLAZING LTD→ SC418529 · est 2012 · no financials extracted | — | — | — | — | 14y | — | — |
| FIT-A-FRAME WINDOWS & DOORS LTD→ SC795693 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| FK HOME SERVICES LTD→ SC875454 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FLOORINGWAYS LTD→ SC443631 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| FORSTER ELECTRICAL LIMITED→ SC727780 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| FORTH AND OBAN (STIRLING) LIMITED→ SC618478 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2017-10-26
Jurisdictionscotland
Primary SIC41100 — Development of building projects
Registered office
Unit 5 Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX
United Kingdom
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27
Officers (2 active · 1 resigned)
HANNIGAN, Douglas→
Activedirector · ~56y · appointed 2017-10-26
View their other companies + combined net worth →
WESTWATER, Alan James→
Activedirector · ~47y · appointed 2017-10-26
View their other companies + combined net worth →
FLEMING, Thomas→
Resigneddirector · ~54y · appointed 2017-10-26 · resigned 2018-10-27
Click a director name to see their full track record across all companies.
Recent filings (21 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2019-02-03