FT STONEMASONRY LTD

💤Zombieactive
SC654787 · ltd · incorporated 2020-02-17
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
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Turnover
year to Feb 2024
Net worth
£8.6k
book net assets
Opportunity
53/100
Worth a look
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What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Special-situation opportunity
Distressed construction with salvageable qualities — special-situations priority.

Opportunity 53/100 (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
1 officers (1 active, 1 linked, 1 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
17 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth 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
50
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 £8,632

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£9k
↑ 167% YoY
Current Assets
£4
Current Liabilities
£0£2k£3k£5k£7k£9kFeb 2023Feb 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-02-292023-02-28
Total assets£8.6k£3.2k
Current assets£4
Net assets£8.6k£3.2k

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

Recent activity

Last 30 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 90 days
2
filings
  • 1 gazette
  • 1 dissolution
Last 180 days
2
filings
  • 1 gazette
  • 1 dissolution
Counts from Companies House filing history.
Corporate timeline (14 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2026-04-25
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  3. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-05-24
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2023-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2022-06-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-06-03
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  10. 2022-04-20
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  11. 2022-04-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  12. 2020-02-17
    🏢
    Company incorporated
    As FT STONEMASONRY LTD
  13. 2020-02-17
    MCCAFFREY, Michael appointed
    director
  14. 2020-02-17
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

80/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

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

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: 2026-02-28

Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-02

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Michael Mccaffrey
Individual · Scottish · DOB 02/1991 · age 35
2550%
25–50%board control25-50% shares · 25-50% voting · board control17/02/2020
Mr Jordan Turnbull
Individual · Scottish · DOB 03/1996 · age 30
2550%
25–50%board control25-50% shares · 25-50% voting · board control17/02/2020

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 →
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10 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.

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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
Incorporated2020-02-17
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

10 Haughfield Terrace
Kettlebridge
Cupar
KY15 7QW
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-02-29
Confirmation statement
Next due: 2026-03-02OVERDUE
Last: 2025-02-16

Officers (1 active · 0 resigned)

MCCAFFREY, Michael
director · ~35y · appointed 2020-02-17
View their other companies + combined net worth →
Active

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

Recent filings (17 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-28
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2026-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-10
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
gazette-filings-brought-up-to-date
gazette · DISS40
2023-05-24
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-23
gazette-notice-compulsory
gazette · GAZ1
2023-04-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-29
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-03
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-02
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2022-04-20
gazette-notice-compulsory
gazette · GAZ1
2022-04-19