K & R VENTILATION LTD

🏛️Establishedactive
SC624840 · ltd · incorporated 2019-03-19
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 2024
Net worth
£572
book net assets
Opportunity
54/100
Worth a look
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Special-situation opportunity
Distressed trade-services with salvageable qualities — special-situations priority.

Opportunity 54/100 (worth a look), bankability 45/100. 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). Current lenders should be on monthly review.

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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
54/100Worth a look
PassWatchWorth a lookStrongExceptional 

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

Business quality
40
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £572

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
Net Worth
£572
Current Assets
£15k
Current Liabilities
£0£3k£6k£9k£12k£15kMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-312023-03-31
Total assets£3.4k
Current assets£14.7k
Cash£1.1k
Debtors£10.8k
Net assets£572

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
0
filings
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-06-07
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-06-03
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  3. 2024-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-03-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-03-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-03-19
    🏢
    Company incorporated
    As K & R VENTILATION LTD
  11. 2019-03-19
    KERR, James Edward appointed
    director
  12. 2019-03-19
    RILEY, Barry appointed
    director
  13. 2019-03-19
    📄
    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 7 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

2 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: 2026-03-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-01

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr James Edward Kerr
Individual · British · DOB 10/1983 · age 43
5075%
50–75%board control50-75% shares · 50-75% voting · board control19/03/2019
Mr Barry Riley
Individual · British · DOB 07/1990 · age 36
2550%
25–50%board control25-50% shares · 25-50% voting · board control19/03/2019

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 →
🔒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
Incorporated2019-03-19
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

6th Floor Gordon Chambers
90 Mitchell Street
Glasgow
G1 3NQ
Scotland

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-04-01OVERDUE
Last: 2025-03-18

Officers (2 active · 0 resigned)

KERR, James Edward
director · ~43y · appointed 2019-03-19
View their other companies + combined net worth →
Active
RILEY, Barry
director · ~36y · appointed 2019-03-19
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

gazette-filings-brought-up-to-date
gazette · DISS40
2025-06-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-05
gazette-notice-compulsory
gazette · GAZ1
2025-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-03-21
change-person-director-company-with-change-date
officers · CH01
2023-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-19
confirmation-statement-with-updates
confirmation-statement · CS01
2020-06-14