TI UK CONTRACTING LIMITED

💤Zombieactive
SC134398 · ltd · incorporated 1991-10-10
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 Dec 2024
Net worth
£993.8k
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Other construction installation
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 65). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 20.3y

45/100
under pressure

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

  • · Oldest live charge is 20.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
28 officers (2 active, 28 linked, 21 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
157 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
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 £993,843
Net assets shrinking
Down £284,582 YoY
Cash YoY
+47%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£4.5m
↑ 47% YoY
Net Worth
£994k
↓ 22% YoY
Current Assets
£4.8m
↑ 26% YoY
Current Liabilities
—
£0£964k£1.9m£2.9m£3.9m£4.8mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£1.03M£1.28M
Current assets£4.82M£3.81M
Cash£4.47M£3.03M
Debtors£348.5k£777.1k
Net assets£993.8k£1.28M

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 (74 events)Click to expand
  1. 2025-10-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2024-07-10
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2023-10-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2023-10-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2023-08-02
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-09-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2022-05-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  8. 2022-03-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2022-03-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-03-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-01-17
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  12. 2022-01-05
    ➖
    BORNAK, Michael Daniel resigned
    director
  13. 2022-01-05
    ➖
    FORSSTROM, Thomas resigned
    director
  14. 2020-12-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2020-09-07
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-10-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2018-12-12
    ➖
    SORENSEN, Anstein resigned
    director
  18. 2018-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2018-10-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2018-09-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2018-03-30
    ➖
    BANNERMAN, Philip John resigned
    director
  22. 2016-10-18
    ➕
    BORNAK, Michael Daniel appointed
    director
  23. 2016-10-17
    ➖
    TRAAHOLT, Jan Petter resigned
    director
  24. 2015-04-30
    ➖
    FLO, Thomas resigned
    director
  25. 2015-04-30
    ➕
    FORSSTROM, Thomas appointed
    director
  26. 2015-04-30
    ➕
    SORENSEN, Anstein appointed
    director
  27. 2013-06-19
    ➕
    BANNERMAN, Philip John appointed
    director
  28. 2013-06-19
    ➖
    STOCKLEY, Peter Graham Murray resigned
    director
  29. 2012-05-10
    ➖
    STARK, David resigned
    secretary
  30. 2012-05-10
    ➖
    STARK, David resigned
    secretary
  31. 2012-05-10
    ➕
    FLO, Thomas appointed
    director
  32. 2012-03-02
    🔓
    Charge satisfied #1
  33. 2011-06-30
    ➖
    MIKALSEN, Svein resigned
    director
  34. 2009-10-29
    ➕
    STARK, David appointed
    secretary
  35. 2009-10-29
    ➖
    ANDRESEN, Rolf resigned
    secretary
  36. 2009-10-29
    ➕
    STARK, David appointed
    secretary
  37. 2009-10-29
    ➕
    STARK, David appointed
    secretary
  38. 2008-12-18
    ➕
    MIKALSEN, Svein appointed
    director
  39. 2008-12-18
    ➕
    STOCKLEY, Peter Graham Murray appointed
    director
  40. 2008-11-26
    ➖
    OISETH, Tor resigned
    director
  41. 2008-11-26
    ➖
    SORENSEN, Anstein resigned
    director
  42. 2007-05-23
    ➕
    STARK, Thomas appointed
    director
  43. 2006-08-16
    ➖
    ABRAHAMSEN, Knut Christian resigned
    director
  44. 2006-08-16
    ➕
    TRAAHOLT, Jan Petter appointed
    director
  45. 2005-12-31
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  46. 2005-11-09
    ➖
    NORHEIM, Per Terje resigned
    director
  47. 2003-09-04
    ➕
    ABRAHAMSEN, Knut Christian appointed
    director
  48. 1999-11-01
    ➕
    NORHEIM, Per Terje appointed
    director
  49. 1999-11-01
    ➕
    OISETH, Tor appointed
    director
  50. 1999-04-06
    ➕
    ANDRESEN, Rolf appointed
    secretary
Showing most recent 50 of 74 events

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 19 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

88/100
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 65. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 35 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Ti Con Group Companies Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ti Con Group Companies Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
TI UK CONTRACTING LIMITED
This company · SC134398

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ti Con Group Companies Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control28/12/2022
1 historic (ceased) PSC
  • Ti Marine Contracting Asceased 28/12/2022· 75-100% shares · 75-100% voting · board control

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 →

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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
Incorporated1991-10-10
Jurisdictionscotland
Primary SIC43290 — Other construction installation

Registered office

Tay House
300 Bath Street
Glasgow
G2 4JR
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (2 active · 26 resigned)

STARK, David→
secretary · appointed 2009-10-29
View their other companies + combined net worth →
Active
STARK, Thomas→
director · ~65y · appointed 2007-05-23
View their other companies + combined net worth →
Active
ANDRESEN, Rolf→
secretary · appointed 1999-04-06 · resigned 2009-10-29
Resigned
MCDIVITT, Ronald→
secretary · appointed 1993-04-01 · resigned 1999-04-06
Resigned
STARK, David→
secretary · appointed 2009-10-29 · resigned 2012-05-10
Resigned
STARK, David→
secretary · appointed 2009-10-29 · resigned 2012-05-10
Resigned
D.W. COMPANY SERVICES LIMITED→
corporate-nominee-secretary · appointed 1991-10-10 · resigned 1993-04-01
Resigned
ABRAHAMSEN, Knut Christian→
director · ~68y · appointed 2003-09-04 · resigned 2006-08-16
Resigned
BAERHEIM, Gunnar→
director · ~78y · appointed 1991-12-19 · resigned 1996-11-28
Resigned
BANNERMAN, Philip John→
director · ~58y · appointed 2013-06-19 · resigned 2018-03-30
Resigned
BORNAK, Michael Daniel→
director · ~64y · appointed 2016-10-18 · resigned 2022-01-05
Resigned
COUTTS, Maureen Sheila→
nominee-director · appointed 1991-10-10 · resigned 1991-12-19
Resigned
CUMMING, Donald Ian→
nominee-director · ~74y · appointed 1991-10-10 · resigned 1992-10-10
Resigned
FALSTAD, Rune→
director · ~74y · appointed 1996-03-01 · resigned 1996-11-28
Resigned
FLO, Thomas→
director · ~54y · appointed 2012-05-10 · resigned 2015-04-30
Resigned
FORSSTROM, Thomas→
director · ~64y · appointed 2015-04-30 · resigned 2022-01-05
Resigned
INGEBRETSEN, Bjarne Knut→
director · ~87y · appointed 1991-12-19 · resigned 1992-04-07
Resigned
KLEV, Jens Andreas→
director · ~77y · appointed 1992-04-07 · resigned 1996-03-01
Resigned
KOLLTVEIT, Bjorn Johannes→
director · ~89y · appointed 1991-12-19 · resigned 1992-04-07
Resigned
LOEVHOLT, Jan→
director · ~85y · appointed 1992-04-07 · resigned 1996-03-01
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property31/12/200502/03/2012

Recent filings (157 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-small
accounts · AA
2025-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-24
accounts-with-accounts-type-small
accounts · AA
2024-07-10
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-31
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-10-31
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-30
accounts-with-accounts-type-small
accounts · AA
2023-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-12
accounts-with-accounts-type-small
accounts · AA
2022-09-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-05-19
accounts-with-accounts-type-full
accounts · AA
2022-03-16
termination-director-company-with-name-termination-date
officers · TM01
2022-03-08
termination-director-company-with-name-termination-date
officers · TM01
2022-03-08
certificate-change-of-name-company
change-of-name · CERTNM
2022-01-17