SIDLAW TANK SERVICES LTD

🏛️Establishedactive
SC592865 · ltd · incorporated 2018-03-29
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
77/100
Strong
🔔
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What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

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. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (77/100)

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
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
26 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees100100

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
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-01-14
    RITCHIE, Glynis May appointed
    director
  2. 2026-01-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-01-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-01-13
    RITCHIE, Glynis May resigned
    director
  5. 2025-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-11-26
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  8. 2024-10-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2024-10-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2024-10-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2024-10-14
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  12. 2024-10-14
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  13. 2024-01-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2024-01-23
    RITCHIE, Glynis May appointed
    director
  15. 2023-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2019-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2018-03-29
    🏢
    Company incorporated
    As SIDLAW TANK SERVICES LTD
  21. 2018-03-29
    RITCHIE, Glynis May appointed
    secretary
  22. 2018-03-29
    RITCHIE, Alexander Edward Robson appointed
    director

Owner dependency

74/100
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.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

Some 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Alexander Edward Robson Ritchie
Individual · British · DOB 08/1965 · age 61
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/08/2024

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2018-03-29
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

Links Farm Cottage
Meikleour
Perth
Perthshire
PH2 6DX
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-01-06
Last: 2025-12-23

Officers (3 active · 1 resigned)

RITCHIE, Glynis May
secretary · appointed 2018-03-29
View their other companies + combined net worth →
Active
RITCHIE, Alexander Edward Robson
director · ~61y · appointed 2018-03-29
View their other companies + combined net worth →
Active
RITCHIE, Glynis May
director · ~60y · appointed 2026-01-14
View their other companies + combined net worth →
Active
RITCHIE, Glynis May
director · ~58y · appointed 2024-01-23 · resigned 2026-01-13
Resigned

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

Recent filings (26 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-01-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
termination-director-company-with-name-termination-date
officers · TM01
2026-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-23
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-11-26
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-15
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-14
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2024-10-14
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-10-14
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-02
appoint-person-director-company-with-name-date
officers · AP01
2024-01-25