MASTER ROOFING LTD
🏛️Establishedactive
SC688156 · ltd · incorporated 2021-02-04
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 Feb 2025
Net worth
£1.9k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Roofing activities
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. 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).
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
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
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
82
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,913
Net assets shrinking
Down £47 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£2k
↓ 2.4% YoY
Current Assets
£20k
↑ 102% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Total assets | £12.9k | £11.9k |
| Current assets | £19.7k | £9.7k |
| Net assets | £1.9k | £2.0k |
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
3
filings
- • 1 confirmation-statement
- • 1 address
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
- 2026-01-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-11-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-02-04🏢Company incorporatedAs MASTER ROOFING LTD
- 2021-02-04➕BRUCE, Nicholas Robert appointeddirector
- 2021-02-04➕MCDONALD, Michael Alexander appointeddirector
- 2021-02-04📄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 5 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
1 lowMultiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Alexander Mcdonald Individual · British · DOB 07/1989 · age 37 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/02/2021 |
Mr Nicholas Robert Bruce Individual · British · DOB 01/1988 · age 38 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 04/02/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 | — | — |
| 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 | — | — |
| MCINTOSH ROOFING LTD→ SC336609 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| MCK ROOFING & CONSTRUCTION LTD→ SC794929 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| MCM ACCESS SOLUTIONS LTD→ SC838522 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| MCMAIHIN CERAMICS LIMITED→ SC472488 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| MCNALLY ELECTRICAL (DUNDEE) LIMITED→ SC776339 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MCNALLY SCAFFOLDING LTD→ SC880756 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2021-02-04
Jurisdictionscotland
Primary SIC43910 — Roofing activities
Registered office
14b Panmure Industrial Estate
Carnoustie
DD7 7NP
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-17
Last: 2026-02-03
Officers (2 active · 0 resigned)
BRUCE, Nicholas Robert→
Activedirector · ~38y · appointed 2021-02-04
View their other companies + combined net worth →
MCDONALD, Michael Alexander→
Activedirector · ~37y · appointed 2021-02-04
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (12 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-14
incorporation-company
incorporation · NEWINC
2021-02-04