INVERTAY CONSTRUCTION LTD
🏛️Establishedactive
SC654543 · ltd · incorporated 2020-02-14
Investment thesis
Property vehicle with a workable charge structure — clean refinance potential.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Dependent on title and valuation due diligence; standard property risks.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Construction of commercial buildings
Sector: Construction
ALSO REGISTERED FOR
- 41202Construction of domestic buildings
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. 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 (58/100).
🏦
Refinance opportunity
1 live charge · oldest 0.0y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.0 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (82/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
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
9 connected companies via shared directors
72
Filing history
20 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 2 | 200 |
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 mortgage
Last 90 days
1
filing
- • 1 mortgage
Last 180 days
4
filings
- • 1 mortgage
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-04-30📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-04-29🔒Charge registered #1Lender: Kenneth Haughey
- 2026-01-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-11-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-26📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-03-25📄gazette-notice-compulsorygazette · GAZ1
- 2024-12-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-09-28📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2023-03-22📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-03-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-20➕PRATT, Michael Thomas appointeddirector
- 2023-02-07📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-11-28📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-14🏢Company incorporatedAs INVERTAY CONSTRUCTION LTD
- 2020-02-14➕WIGHTON, Edward appointeddirector
- 2020-02-14📄incorporation-companyincorporation · NEWINC
Owner dependency
63/100
High — earn-out structure requiredMaterial 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 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Thomas Pratt Individual · New Zealander · DOB 05/1978 · age 48 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/03/2023 |
Mr Edward Wighton Individual · British · DOB 05/1973 · age 53 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 14/02/2020 |
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 · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| M & J BUILDERS (DUNDEE) LIMITED→ SC443742 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| M & M PLUMBING & HEATING SUPPLIES LIMITED→ SC333448 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| MAINS JOINERY LTD→ SC725005 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MARK WALKER ELECTRICAL SERVICES LTD→ SC848494 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MARTIN MILNE PLUMBING & HEATING LTD→ SC872387 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MATTHEW MICHIE PLUMBING AND HEATING LIMITED→ SC727729 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| MCCABE AND ROBERTSON LTD.→ SC171784 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| MCM ACCESS SOLUTIONS LTD→ SC838522 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MCNALLY ELECTRICAL (DUNDEE) LIMITED→ SC776339 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MELROV INVESTMENTS LIMITED→ SC818178 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| MEN IN BLACK BUILDING SERVICES LTD→ SC671333 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| MIKE WATT CONSTRUCTION LTD→ SC544675 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
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
Incorporated2020-02-14
Jurisdictionscotland
Primary SIC41201 — Construction of commercial buildings
Registered office
Unit 3 Pearce Avenue
Broughty Ferry
Dundee
DD5 3RX
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-18
Last: 2026-01-04
Officers (2 active · 0 resigned)
PRATT, Michael Thomas→
Activedirector · ~48y · appointed 2023-03-20
View their other companies + combined net worth →
WIGHTON, Edward→
Activedirector · ~53y · appointed 2020-02-14
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Kenneth Haughey | A registered charge | — | 29/04/2026 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (20 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-12
confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-20
gazette-filings-brought-up-to-date
gazette · DISS40
2025-03-26
gazette-notice-compulsory
gazette · GAZ1
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-13
accounts-with-accounts-type-dormant
accounts · AA
2023-09-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-09-28
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-03-22
appoint-person-director-company-with-name-date
officers · AP01
2023-03-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-12