A C WHYTE & CO LIMITED

🌳Matureactive
SC054565 · ltd · incorporated 1973-11-20
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 Nov 2024
Net worth
£1.63M
book net assets
Opportunity
78/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
ALSO REGISTERED FOR
  • 43290Other construction installation
  • 43330Floor and wall covering
  • 43390Other building completion and finishing
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

27 live charges · 5 lenders · oldest 49.4y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 49.4 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

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, 4 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
27 charges (27/27 with lender, 27/27 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 8 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
190 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
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,633,955
Cash YoY
-20%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£177k
↓ 20% YoY
Net Worth
£1.6m
↑ 3.3% YoY
Current Assets
£5.4m
↑ 25% YoY
Current Liabilities
—
£0£1.1m£2.2m£3.3m£4.4m£5.4mNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£2.18M£2.30M
Current assets£5.45M£4.35M
Cash£177.1k£220.7k
Debtors£5.27M£4.13M
Net assets£1.63M£1.58M

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (88 events)Click to expand
  1. 2025-08-20
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2025-08-13
    📄
    capital-return-purchase-own-shares
    capital · SH03
  3. 2025-08-12
    📄
    capital-cancellation-shares
    capital · SH06
  4. 2025-05-21
    📄
    capital-cancellation-shares
    capital · SH06
  5. 2025-03-13
    📄
    capital-return-purchase-own-shares
    capital · SH03
  6. 2024-11-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2024-10-15
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  8. 2024-10-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-10-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  10. 2024-10-05
    🔒
    Charge registered #26
    Lender: UK Steel Enterprise Limited
  11. 2024-10-04
    🔒
    Charge registered #27
    Lender: UK Steel Enterprise Limited
  12. 2024-10-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2024-10-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2024-10-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2024-10-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2024-10-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2024-10-01
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2024-10-01
    🔓
    Charge satisfied #22
  19. 2024-10-01
    🔓
    Charge satisfied #18
  20. 2024-10-01
    🔓
    Charge satisfied #12
  21. 2024-10-01
    🔓
    Charge satisfied #11
  22. 2024-10-01
    🔓
    Charge satisfied #5
  23. 2024-10-01
    🔓
    Charge satisfied #4
  24. 2024-09-23
    📄
    change-person-director-company-with-change-date
    officers · CH01
  25. 2024-09-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  26. 2024-04-26
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  27. 2024-04-26
    🔓
    Charge satisfied #20
  28. 2024-02-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  29. 2024-02-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  30. 2024-02-23
    🔓
    Charge satisfied #21
  31. 2024-02-23
    🔓
    Charge satisfied #10
  32. 2023-11-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  33. 2023-11-17
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  34. 2023-11-07
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  35. 2023-10-30
    🔒
    Charge registered #25
    Lender: Bibby Factors Limited
  36. 2023-09-15
    🔓
    Charge satisfied #14
  37. 2023-09-13
    🔓
    Charge satisfied #23
  38. 2023-08-18
    🔓
    Charge satisfied #24
  39. 2023-07-28
    🔓
    Charge satisfied #8
  40. 2023-06-30
    🔓
    Charge satisfied #9
  41. 2023-06-15
    🔓
    Charge satisfied #13
  42. 2022-11-25
    🔓
    Charge satisfied #15
  43. 2022-08-09
    🔓
    Charge satisfied #7
  44. 2022-04-27
    🔓
    Charge satisfied #19
  45. 2022-04-27
    🔓
    Charge satisfied #6
  46. 2022-01-20
    🔓
    Charge satisfied #16
  47. 2021-11-08
    🔓
    Charge satisfied #17
  48. 2020-10-21
    🔒
    Charge registered #24
    Lender: Handelsbanken PLC
  49. 2020-10-21
    🔒
    Charge registered #23
    Lender: Handelsbanken PLC
  50. 2020-10-21
    🔒
    Charge registered #22
    Lender: Handelsbanken PLC
Showing most recent 50 of 88 events

Owner dependency

65/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • secondaryStable-but-static management: Company is 52 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Robert James Phin
Individual · British · DOB 01/1957 · age 69
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr James Campbell Whyteceased 12/10/2020· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Construction · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
A HANNAH GAS SERVICES LTD→
SC662533 · est 2020 · no financials extracted
————5y——
ACRE ROAD (GLASGOW) DEVELOPMENTS LTD→
SC710174 · est 2021 · no financials extracted
————4y——
ACRES DEVELOPMENT & CONSTRUCTION SERVICES LTD→
SC823444 · est 2024 · no financials extracted
————1y——
ACS SCOTLAND LTD→
SC697792 · est 2021 · no financials extracted
————4y——
ADEPT MULTI TRADE LIMITED→
SC719991 · est 2022 · no financials extracted
————4y——
ADM 2010 LTD→
SC388883 · est 2010 · no financials extracted
————15y——
ADM ROOFING LIMITED→
SC557464 · est 2017 · no financials extracted
————9y——
ADR FENCING SCOTLAND LTD→
SC818113 · est 2024 · no financials extracted
————1y——
ADVANCED PRESERVATION SPECIALISTS LTD.→
SC205303 · est 2000 · no financials extracted
————26y——
AF ROOFING & FACADES LTD→
SC750677 · est 2022 · no financials extracted
————3y——
AFFLUENCE ASSETS LTD→
SC851325 · est 2025 · no financials extracted
———————
AFFORDABLE TRADERS LIMITED→
SC846664 · est 2025 · no financials extracted
———————
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated1973-11-20
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

6 Bowerwalls Place
Crossmill Business Park, Barrhead
Glasgow
G78 1BF
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-09
Last: 2025-07-26

Officers (3 active · 7 resigned)

MCDONALD, Jennifer Elizabeth→
director · ~42y · appointed 2016-10-13
View their other companies + combined net worth →
Active
MCNELLIS, Steven Campbell→
director · ~55y · appointed 2016-10-13
View their other companies + combined net worth →
Active
PHIN, Robert James→
director · ~69y
View their other companies + combined net worth →
Active
SHINWELL, Adrian, Sir→
secretary · appointed 2004-11-10 · resigned 2016-06-27
Resigned
WHYTE, Margaret Jean→
secretary · resigned 2004-11-10
Resigned
HUGHES, Alan→
director · ~70y · appointed 1994-12-12 · resigned 1996-08-28
Resigned
RAE, Andrew Drummond→
director · ~64y · appointed 2002-12-01 · resigned 2016-05-12
Resigned
WHYTE, Alistair Campbell→
director · ~86y · resigned 2005-12-14
Resigned
WHYTE, James Campbell→
director · ~54y · appointed 2004-11-10 · resigned 2020-10-12
Resigned
WHYTE, Margaret Jean→
director · ~82y · resigned 2005-12-14
Resigned

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

Mortgages & charges

27
Total charges
3
Outstanding
2
Active lenders
Status:Lender:27 of 27 shown
TypeProperties
outstanding
UK Steel Enterprise
UK Steel Enterprise Limited
A registered charge1 property05/10/2024—
outstanding
UK Steel Enterprise
UK Steel Enterprise Limited
A registered charge1 property04/10/2024—
outstanding
Bibby Financial Services
Bibby Factors Limited
A registered charge—30/10/2023—
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge2 properties21/10/202018/08/2023
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge2 properties21/10/202013/09/2023
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge4 properties21/10/202001/10/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge4 properties21/10/202023/02/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property21/10/202026/04/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge3 properties21/10/202027/04/2022
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property21/10/202001/10/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge3 properties21/10/202008/11/2021
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property21/10/202020/01/2022
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property21/10/202025/11/2022
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge2 properties21/10/202015/09/2023
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge3 properties21/10/202015/06/2023
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge3 properties21/10/202001/10/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge3 properties21/10/202001/10/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge3 properties21/10/202023/02/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge3 properties19/10/202030/06/2023
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge2 properties19/10/202028/07/2023
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge2 properties19/10/202009/08/2022
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property19/10/202027/04/2022
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge2 properties19/10/202001/10/2024
satisfied
Handelsbanken
Handelsbanken PLC
A registered charge1 property14/09/202001/10/2024
satisfied
Virgin Money
Clydesdale Bank PLC
A registered charge—20/03/201413/10/2020
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property01/11/198326/11/2011
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property16/11/197626/11/2011
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (190 total)

accounts-with-accounts-type-medium
accounts · AA
2025-08-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-13
capital-return-purchase-own-shares
capital · SH03
2025-08-13
capital-cancellation-shares
capital · SH06
2025-08-12
capital-cancellation-shares
capital · SH06
2025-05-21
capital-return-purchase-own-shares
capital · SH03
2025-03-13
accounts-with-accounts-type-full
accounts · AA
2024-11-29
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-10-15
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-11
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-01
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-01
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-01
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-01
mortgage-satisfy-charge-full
mortgage · MR04
2024-10-01