TOTAL HOMES COOPERATIVE LIMITED
🏛️Establishedactive
SC579988 · private-limited-guarant-nsc · incorporated 2017-10-26
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
£-37.8k
book net assets
Opportunity
77/100
Strong
What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
ALSO REGISTERED FOR
- 95240SIC 95240
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 77/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -34% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: high (80/100)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
9 officers (2 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Negative net assets
Liabilities exceed assets by £37,763
Cash YoY
-34%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£12k
↓ 34% YoY
Net Worth
-£38k
↑ 48% YoY
Current Assets
£47k
↓ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Total assets | £-37.8k | £-73.2k |
| Current assets | £46.8k | £53.3k |
| Cash | £11.7k | £17.7k |
| Debtors | £30.1k | £30.6k |
| Net assets | £-37.8k | £-73.2k |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
4
filings
- • 2 confirmation-statement
- • 1 accounts
- • 1 address
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2026-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-03➖WILLIAMS, John Kenneth resigneddirector
- 2024-05-09📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-04-08📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-03-28📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2024-01-10📄memorandum-articlesincorporation · MA
- 2024-01-10📄resolutionresolution · RESOLUTIONS
- 2023-12-29📄memorandum-articlesincorporation · MA
- 2023-12-29📄resolutionresolution · RESOLUTIONS
- 2023-12-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-12-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-12-15➖ANDREWS, Edward resigneddirector
- 2023-12-15➖JENKINS, Brian Blyth resigneddirector
- 2023-12-15➖SMITH, Pauline Denise resigneddirector
- 2023-12-10➕HARDIE, Austin John appointeddirector
- 2023-12-10➕WILLIAMS, John Kenneth appointeddirector
- 2023-09-18📄change-corporate-director-company-with-change-dateofficers · CH02
- 2023-07-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-04-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-13📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-05➕ANDREWS, Edward appointeddirector
- 2023-04-05➖CONNECT COMMUNITY TRUST resignedcorporate-director
- 2019-02-26➕JENKINS, Brian Blyth appointeddirector
- 2019-02-26➖LOGOTSE, Gift Amu resigneddirector
- 2018-11-09➕SECOND OPPORTUNITIES appointedcorporate-director
- 2018-11-09➖JENKINS, Brian resigneddirector
- 2018-11-09➕LOGOTSE, Gift Amu appointeddirector
- 2018-11-09➕CONNECT COMMUNITY TRUST appointedcorporate-director
- 2017-10-26🏢Company incorporatedAs TOTAL HOMES COOPERATIVE LIMITED
- 2017-10-26➕JENKINS, Brian appointeddirector
- 2017-10-26➕SMITH, Pauline Denise appointeddirector
Owner dependency
66/100
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 61 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- 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.)
Group structure
Spruce Carpets Limited holds 25-50% — a significant corporate investor but not a controlling parent.
🏛️
Spruce Carpets Limited
Corporate parent · board control
⬇
TOTAL HOMES COOPERATIVE LIMITED
This company · SC579988
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Spruce Carpets Limited Corporate entity | — | — | board controlboard control · trust interest · firm interest | 15/12/2023 |
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 · Energy & utilities · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ENVIROCLEAN (SCOTLAND) LIMITED→ SC176022 · est 1997 | £9.58M £6.90M–£12.26M | — | — | 246 | 28y | 84 | 59y |
| BARR + WRAY LIMITED→ SC040952 · est 1964 | £4.90M £3.53M–£6.28M | — | — | 5900 | 61y | 84 | 59y |
| BARR + WRAY HOLDINGS 2 LIMITED→ SC276252 · est 2004 | £1.34M £963.0k–£1.71M | — | — | 0 | 21y | 84 | 59y |
| PHILIPHAUGH HYDRO LIMITED→ SC398239 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| PROACTIVE ENERGY LIMITED→ SC351381 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| PURE ALCHEMI LTD→ SC814162 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RELIANCE CONTRACTS GROUP LIMITED→ SC805685 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| SCOTTISH WATER LIMITED→ SC207004 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| SF ELECTRICAL CONTRACTORS LTD.→ SC519219 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| STRONELAIRG WIND ESTATE LIMITED→ SC432643 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| THE JUNK MAN LTD→ SC844145 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| TRASH BUSTERS LIMITED→ SC834666 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Typeprivate-limited-guarant-nsc
Incorporated2017-10-26
Jurisdictionscotland
Primary SIC38110 — SIC 38110
Registered office
30, Woodhead Road 30, Woodhead Road
Glasgow
G53 7WA
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31
Officers (2 active · 7 resigned)
HARDIE, Austin John→
Activedirector · ~61y · appointed 2023-12-10
View their other companies + combined net worth →
SECOND OPPORTUNITIES→
Activecorporate-director · appointed 2018-11-09
View their other companies + combined net worth →
ANDREWS, Edward→
Resigneddirector · ~68y · appointed 2023-04-05 · resigned 2023-12-15
JENKINS, Brian Blyth→
Resigneddirector · ~66y · appointed 2019-02-26 · resigned 2023-12-15
JENKINS, Brian→
Resigneddirector · ~66y · appointed 2017-10-26 · resigned 2018-11-09
LOGOTSE, Gift Amu→
Resigneddirector · ~67y · appointed 2018-11-09 · resigned 2019-02-26
SMITH, Pauline Denise→
Resigneddirector · ~48y · appointed 2017-10-26 · resigned 2023-12-15
WILLIAMS, John Kenneth→
Resigneddirector · ~59y · appointed 2023-12-10 · resigned 2024-11-03
CONNECT COMMUNITY TRUST→
Resignedcorporate-director · appointed 2018-11-09 · resigned 2023-04-05
Click a director name to see their full track record across all companies.
Recent filings (46 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-03
termination-director-company-with-name-termination-date
officers · TM01
2024-11-08
change-account-reference-date-company-previous-extended
accounts · AA01
2024-05-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-04-08
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-03-28
memorandum-articles
incorporation · MA
2024-01-10
resolution
resolution · RESOLUTIONS
2024-01-10
memorandum-articles
incorporation · MA
2023-12-29
resolution
resolution · RESOLUTIONS
2023-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-28