STERLING ROOFING SERVICES LTD

💤Zombieactive
SC595959 · ltd · incorporated 2018-05-01
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 May 2024
Net worth
£36.2k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Roofing activities
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 62/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

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, 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
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
28 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £36,246

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£36k
↑ 3.2% YoY
Current Assets
£90k
↓ 57% YoY
Current Liabilities
£0£42k£85k£127k£170k£212kMay 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Total assets£73.4k£70.9k
Current assets£90.1k£212.0k
Net assets£36.2k£35.1k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2025-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-06-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2022-06-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-05-07
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  8. 2022-04-26
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2021-09-01
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2021-08-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-08-05
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  12. 2021-07-20
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2021-01-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-04-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2020-04-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  16. 2020-04-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2020-03-31
    FOY, John resigned
    director
  18. 2020-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2020-01-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  20. 2020-01-15
    JOHNSTON, Gregor appointed
    director
  21. 2018-05-01
    🏢
    Company incorporated
    As STERLING ROOFING SERVICES LTD
  22. 2018-05-01
    FOY, John appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

45/100
Moderate signal

Some 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

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Gregor Johnston
Individual · British · DOB 02/1992 · age 34
75100%
75–100%board control75-100% shares · 75-100% voting · board control31/03/2020
1 historic (ceased) PSC
  • Mr John Foyceased 31/03/2020· 75-100% shares · 75-100% voting · board control

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

9 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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated2018-05-01
Jurisdictionscotland
Primary SIC43910 — Roofing activities

Registered office

221 Lancaster Lane
Heathhall Industrial Estate
Dumfries
DG1 3PH
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08

Officers (1 active · 1 resigned)

JOHNSTON, Gregor
director · ~34y · appointed 2020-01-15
View their other companies + combined net worth →
Active
FOY, John
director · ~44y · appointed 2018-05-01 · resigned 2020-03-31
Resigned

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

Recent filings (28 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-02
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-31
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-28
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-02
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-05-07
gazette-notice-compulsory
gazette · GAZ1
2022-04-26
gazette-filings-brought-up-to-date
gazette · DISS40
2021-09-01
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-31