D.G. HEUCHAN CONSTRUCTION LTD.

🌳Matureactive

SC188621 · ltd · incorporated 1998-08-19

Investment thesis

Unencumbered property vehicle — clean asset-backed target with refinance headroom.

Why interesting: Property-holding entity with no live charges; straightforward asset-backed case.

Why risky: Values depend on title and valuation; property-specific market exposure.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Construction of commercial buildings

Sector: Construction

Investor take

Pursue

Active trading company with a 82-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (5 active, 6 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

2 connected companies via shared directors

Filing history

65 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-08-31	2023-08-31
Average employees	1100	1300

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (24 events)Click to expand

2025-05-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-02-28
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-12-20
📄
change-person-director-company-with-change-date
officers · CH01
2021-11-30
📄
capital-alter-shares-subdivision
capital · SH02
2021-11-30
📄
memorandum-articles
incorporation · MA
2021-11-30
📄
resolution
resolution · RESOLUTIONS
2021-11-11
➕
ROBERTSON, Darren appointed
director
2021-11-11
➕
WHITELAW, Pamela appointed
director
2021-05-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-28
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-07-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-04-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-05-05
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
1998-08-19
🏢
Company incorporated
As D.G. HEUCHAN CONSTRUCTION LTD.
1998-08-19
➕
HEUCHAN, Terry appointed
secretary
1998-08-19
➕
HEUCHAN, Donald Geddes appointed
director
1998-08-19
➕
HEUCHAN, Terry appointed
director
1998-08-19
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1998-08-19
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

88/100

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

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "HEUCHAN" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 82 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 70+: Senior director is approximately 82 years old. Natural succession window is now.
primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 28 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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Donald Geddes Heuchan Individual · British · DOB 06/1944 · age 82	25–50%	25–50%	25-50% shares · 25-50% voting	01/06/2016
Mrs Terry Heuchan Individual · British · DOB 05/1944 · age 82	25–50%	25–50%	25-50% shares · 25-50% voting	01/06/2016

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.

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Similar companies

Active · Construction · DG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
BELL LAWRIE OF BIGGAR (DEVELOPMENTS) LIMITED→ SC099927 · est 1986 · no financials extracted	—	—	—	—	39y	—	—
BLADUM ROUGHCASTERS LTD→ SC840498 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BORDER HOMES LTD→ SC388242 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
BRC CONSTRUCTION LIMITED→ SC832511 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
BUILDING FUTURES GALLOWAY (TRAINING) LIMITED→ SC741111 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
CONSENSUS MANAGEMENT LIMITED→ SC207701 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
CRJ CONSTRUCTION & JOINERY LIMITED→ SC640505 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
D W CONSTRUCTION AND JOINERY LIMITED→ SC262529 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
DAES CIVILS LIMITED→ SC798291 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
DALRYMPLE DEVELOPMENTS LIMITED→ SC764098 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
DALZIEL PLUMBING & HEATING LIMITED→ SC592356 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
DAVID CAMPBELL DECORATORS LIMITED→ SC698561 · est 2021 · no financials extracted	—	—	—	—	4y	—	—

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.

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🔒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.

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Company details

Statusactive

Typeltd

Incorporated1998-08-19

Jurisdictionscotland

Primary SIC41201 — Construction of commercial buildings

Registered office

26 High Street

Annan

DG12 6AJ

United Kingdom

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-09-02

Last: 2025-08-19