2020 SOLAR PV LTD
🌳Matureactive
07456512 · ltd · incorporated 2010-12-01
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£340.6k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueAsset-holding vehicle with a 80-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (83/100, director aged 80). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
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
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £340,646
Net assets shrinking
Down £81,891 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£341k
↓ 19% YoY
Current Assets
£438k
↓ 22% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £340.6k | £422.5k |
| Current assets | £438.0k | £564.4k |
| Net assets | £340.6k | £422.5k |
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
3
filings
- • 1 address
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Last 90 days
4
filings
- • 1 address
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Last 180 days
4
filings
- • 1 address
- • 1 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
- 2026-04-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-04-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-02-02📄change-person-director-company-with-change-dateofficers · CH01
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-10✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-04-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-12-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-10-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2010-12-01🏢Company incorporatedAs 2020 SOLAR PV LTD
- 2010-12-01➕READ, Peter James appointeddirector
- 2010-12-01➕SMITH, Vincent John appointeddirector
Owner dependency
88/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 15 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
89/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Name changed recently
mediumName changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.
Evidence: 2024-05-10: certificate-change-of-name-company
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Peter James Read Individual · British · DOB 05/1959 · age 67 | 50–75% | — | 50-75% shares | 01/12/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| 128 BUILDS LIMITED→ 16420572 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 17TH ELECTRICS LTD→ 07226661 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| 19 RIBBONS LTD→ 11943988 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 1EIGHTY ROOFING SOLUTIONS LIMITED→ 09564023 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| 2020 MALVERN DEVELOPMENTS LTD→ 12572305 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 228 PROJECTS LIMITED→ 16865471 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| 2W HOMES LIMITED→ 12460148 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 31 WORCESTER ROAD LIMITED→ 12383530 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| 3COUNTIES LOFT BOARDING AND LOFT LADDERS LIMITED→ 11835372 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| 3J ELECTRICAL LTD→ 14008824 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| 3J SYSTEMS & SERVICES LIMITED→ 13636819 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| 3S BUILDING LTD→ 16652970 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated2010-12-01
Jurisdictionengland-wales
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
Waterside
Basin Road
Worcester
Worcestershire
WR5 3DA
England
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-01
Last: 2026-02-15
Officers (2 active · 0 resigned)
READ, Peter James→
Activedirector · ~67y · appointed 2010-12-01
View their other companies + combined net worth →
SMITH, Vincent John→
Activedirector · ~80y · appointed 2010-12-01
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (37 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-04-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-16
change-person-director-company-with-change-date
officers · CH01
2026-02-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-30
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-15