CF CONSTRUCTION SERVICE LTD

🏛️Establishedactive
SC595229 · ltd · incorporated 2018-04-24
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 Apr 2025
Net worth
£42.2k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
  • 41202Construction of domestic buildings
  • 43320Joinery installation
  • 43341Painting
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. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
18 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 £42,229
High leverage
Liabilities are 100% of total assets
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£42k
Current Assets
£31k
Current Liabilities
£0£8k£17k£25k£34k£42kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£61.9k
Current assets£30.7k
Net assets£42.2k

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
1
filing
  • 1 confirmation-statement
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 (12 events)Click to expand
  1. 2026-01-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-03-30
    SERRA FONSECA, Carlos Roberto appointed
    director
  4. 2024-09-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2023-11-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2022-12-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-12-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-04-16
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2019-12-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2018-04-24
    🏢
    Company incorporated
    As CF CONSTRUCTION SERVICE LTD
  11. 2018-04-24
    MADIS, Gristi appointed
    director
  12. 2018-04-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

63/100
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.
  • +No director turnover: Company is 8 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Carlos Roberto Serra Fonseca
Individual · Portuguese · DOB 11/1969 · age 57
5075%
50–75%board control50-75% shares · 50-75% voting · board control24/04/2018

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

7 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
Incorporated2018-04-24
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings

Registered office

22 Kestrel Crescent
Greenock
PA16 7BH
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (2 active · 0 resigned)

MADIS, Gristi
director · ~53y · appointed 2018-04-24
View their other companies + combined net worth →
Active
SERRA FONSECA, Carlos Roberto
director · ~57y · appointed 2025-03-30
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-12
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
appoint-person-director-company-with-name-date
officers · AP01
2025-03-31
accounts-with-accounts-type-dormant
accounts · AA
2024-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-04
accounts-with-accounts-type-dormant
accounts · AA
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-04
accounts-with-accounts-type-dormant
accounts · AA
2022-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-04
accounts-with-accounts-type-dormant
accounts · AA
2021-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-23
accounts-with-accounts-type-dormant
accounts · AA
2021-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-26