CAIRN CONSTRUCTION LTD
💤Zombieactive
SC744683 · ltd · incorporated 2022-09-16
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 Mar 2025
Net worth
£1.09M
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Construction of other civil engineering projects n.e.c.
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 71/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (72/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
15 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
60
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £1,085,504
Key financials
1 year extracted from filed iXBRL accountsCash
£1.5m
Net Worth
£1.1m
Current Assets
£2.5m
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Total assets | £1.19M |
| Current assets | £2.45M |
| Cash | £1.53M |
| Debtors | £921.0k |
| Net assets | £1.09M |
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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-08-19📄change-account-reference-date-company-previous-shortenedaccounts · AA01
- 2024-08-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-08-27📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2024-08-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-13📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2023-10-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-10-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-06➕WALLACE, George appointeddirector
- 2023-05-06➖BRADY, Kellyann resigneddirector
- 2023-05-05➕BRADY, Kellyann appointeddirector
- 2023-05-05➖WALLACE, George resigneddirector
- 2023-05-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-31📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-09-16🏢Company incorporatedAs CAIRN CONSTRUCTION LTD
- 2022-09-16➕WALLACE, George appointeddirector
- 2022-09-16📄incorporation-companyincorporation · NEWINC
Owner dependency
75/100
High — earn-out structure requiredMaterial 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 signalSome 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr George Wallace Individual · Scottish · DOB 03/1980 · age 46 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 16/09/2022 |
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 · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| B&S ROPES LTD→ SC877820 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| BD & JC DEVELOPMENTS LIMITED→ SC536533 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| BMAC BRICKWORK LIMITED→ SC825856 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| BONNER PLANT HIRE LTD→ SC585828 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
| BROTHER CONSTRUCTION LTD→ SC788595 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| BUTE MANAGEMENT SERVICES LTD→ SC760727 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| BUTE PLUMBING SERVICES LIMITED→ SC838013 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| CAIRN DEVELOPMENTS (SCO) LTD→ SC851644 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| CAIRNEY CONSTRUCTION LIMITED→ SC502532 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| CAL ECO HEAT LTD.→ SC643963 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| CALDER ELECTRICS LIMITED→ SC286174 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| CALEDONIA DRILLING LIMITED→ SC693342 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2022-09-16
Jurisdictionscotland
Primary SIC42990 — Construction of other civil engineering projects n.e.c.
Registered office
7 Stanley Drive
Brookfield
Johnstone
PA5 8UF
Scotland
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-09-22
Last: 2025-09-08
Officers (1 active · 2 resigned)
WALLACE, George→
Activedirector · ~46y · appointed 2023-05-06
View their other companies + combined net worth →
BRADY, Kellyann→
Resigneddirector · ~41y · appointed 2023-05-05 · resigned 2023-05-06
WALLACE, George→
Resigneddirector · ~46y · appointed 2022-09-16 · resigned 2023-05-05
Click a director name to see their full track record across all companies.
Recent filings (15 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-16
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-08-27
change-account-reference-date-company-previous-extended
accounts · AA01
2024-08-27
accounts-with-accounts-type-dormant
accounts · AA
2024-08-05
change-account-reference-date-company-current-shortened
accounts · AA01
2024-05-13
termination-director-company-with-name-termination-date
officers · TM01
2023-10-12
appoint-person-director-company-with-name-date
officers · AP01
2023-10-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-08
appoint-person-director-company-with-name-date
officers · AP01
2023-05-05
termination-director-company-with-name-termination-date
officers · TM01
2023-05-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-31
incorporation-company
incorporation · NEWINC
2022-09-16