ALMAC CONSTRUCTION LIMITED

💤Zombieactive
SC123338 · ltd · incorporated 1990-02-27
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
£3.3k
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed holding with salvageable qualities — special-situations priority.

Opportunity 72/100 (strong), bankability 65/100. Strong seller-intent signal (78/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (76/100)

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, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
78 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £3,316
Net assets shrinking
Down £2,360 YoY
Cash YoY
+38%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
↑ 38% YoY
Net Worth
£3k
↓ 42% YoY
Current Assets
£3k
↓ 51% YoY
Current Liabilities
£0£1k£2k£3k£5k£6kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£3.3k£5.7k
Current assets£2.6k£5.2k
Cash£2.0k£1.4k
Debtors£400£3.6k
Net assets£3.3k£5.7k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-08-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-12-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-01-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-03-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2015-12-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-03-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2014-12-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 1990-02-27
    🏢
    Company incorporated
    As ALMAC CONSTRUCTION LIMITED
  18. 1990-02-27
    MCCAFFREY, Marie appointed
    secretary
  19. 1990-02-27
    MCVEAN, Allan appointed
    director

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +No director turnover: Company is 36 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-03-13

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Allan Mcvean
Individual · British · DOB 10/1959 · age 67
2550%
25-50% shares01/02/2017

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 →
🔒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
Incorporated1990-02-27
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Unit 3 Morris Park
37 Rosyth Road
Glasgow
G5 0YE
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-03-13OVERDUE
Last: 2025-02-27

Officers (2 active · 0 resigned)

MCCAFFREY, Marie
secretary · appointed 1990-02-27
View their other companies + combined net worth →
Active
MCVEAN, Allan
director · ~67y · appointed 1990-02-27
View their other companies + combined net worth →
Active

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

Recent filings (78 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-11-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-30