PHG SOLUTIONS LIMITED
💤Zombieactive
SC586521 · ltd · incorporated 2018-01-23
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£654
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
ALSO REGISTERED FOR
- 43320Joinery installation
- 43342Glazing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
2 live charges · oldest 1.5y
10/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Newest facility, 1.5 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (73/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
25 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £654
Key financials
1 year extracted from filed iXBRL accountsCash
£11k
Net Worth
£654
Current Assets
£150k
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 |
|---|---|
| Total assets | £34.5k |
| Current assets | £150.1k |
| Cash | £11.1k |
| Debtors | £67.8k |
| Net assets | £654 |
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 (22 events)Click to expand
- 2026-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-10-30📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-06🔒Charge registered #2Lender: Together Commercial Finance Limited
- 2024-12-04📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-11-26🔒Charge registered #1Lender: Together Commercial Finance Limited
- 2024-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-27📄change-person-director-company-with-change-dateofficers · CH01
- 2022-01-27📄change-person-secretary-company-with-change-dateofficers · CH03
- 2022-01-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-01-27📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-01-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-28📄gazette-filings-brought-up-to-dategazette · DISS40
- 2020-01-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-24📄gazette-notice-compulsorygazette · GAZ1
- 2018-01-23🏢Company incorporatedAs PHG SOLUTIONS LIMITED
- 2018-01-23➕HARKIN, Craig appointedsecretary
- 2018-01-23➕HARKIN, Craig appointeddirector
- 2018-01-23📄incorporation-companyincorporation · NEWINC
Owner dependency
80/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +No director turnover: Company is 8 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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 |
|---|---|---|---|---|
Mr Craig Harkin Individual · British · DOB 04/1988 · age 38 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/01/2018 |
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 · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| QUDOS CONSULTING LIMITED→ SC733339 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| RAMSAY JOINERY LTD→ SC552269 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| RAVEN ROPE-ACCESS AND INSPECTION LTD→ SC477071 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| RAWS DEVELOPMENT LIMITED→ SC830440 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RB CONTRACTS LTD→ SC847878 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RBW JOINERS & BUILDERS LTD→ SC362621 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| RC MCKINNON CONSTRUCTION LTD→ SC849338 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RDA (ACCESS & ROOFING) LIMITED→ SC399565 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| 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 | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2018-01-23
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Unit 12 212 Vale Of Leven Industrial Estate
Dumbarton
G82 3PE
Scotland
Filing status
Accounts
Next due: 2026-10-30
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-02-05
Last: 2026-01-22
Officers (2 active · 0 resigned)
Active
HARKIN, Craig→
Activedirector · ~38y · appointed 2018-01-23
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | 1 property | 06/12/2024 | — | |
| outstanding | Together Money Together Commercial Finance Limited | A registered charge | — | 26/11/2024 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (25 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-27
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-03
change-person-director-company-with-change-date
officers · CH01
2022-01-27
change-person-secretary-company-with-change-date
officers · CH03
2022-01-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-01-27