DAVID HALL & SON LTD.

🌳Matureactive
SC240859 · ltd · incorporated 2002-12-09
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
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pursue
Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (75/100)

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
9 officers (3 active, 9 linked, 2 with DOB)
74
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
71 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 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
Average employees400400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-12-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2021-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-06-22
    📄
    memorandum-articles
    incorporation · MA
  8. 2021-06-22
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2021-06-22
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  10. 2021-06-22
    📄
    capital-name-of-class-of-shares
    capital · SH08
  11. 2021-06-22
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  12. 2020-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2019-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2018-09-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2017-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2013-08-06
    HALL, Elizabeth Finlayson appointed
    secretary
  17. 2013-08-06
    DREVER, Alana resigned
    secretary
  18. 2012-09-26
    CARMICHAEL, Robert George resigned
    secretary
  19. 2012-09-26
    DREVER, Alana appointed
    secretary
  20. 2007-12-01
    CARMICHAEL, Robert George appointed
    secretary
  21. 2007-12-01
    HALL, Elizabeth Finlayson resigned
    secretary
  22. 2002-12-16
    HALL, David Baxter appointed
    director
  23. 2002-12-16
    HALL, David Robert appointed
    director
  24. 2002-12-16
    HALL, Elizabeth Finlayson appointed
    secretary
  25. 2002-12-09
    🏢
    Company incorporated
    As DAVID HALL & SON LTD.
  26. 2002-12-09
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  27. 2002-12-09
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  28. 2002-12-09
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  29. 2002-12-09
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  30. 2002-12-09
    PETER TRAINER CORPORATE SERVICES LTD. appointed
    corporate-nominee-director
  31. 2002-12-09
    PETER TRAINER CORPORATE SERVICES LTD. resigned
    corporate-nominee-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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "HALL" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
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 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Robert Hall
Individual · British · DOB 01/1982 · age 44
2550%
25–50%25-50% shares · 25-50% voting18/06/2021
Mr David Baxter Hall
Individual · British · DOB 05/1954 · age 72
2550%
25–50%25-50% shares · 25-50% voting09/12/2016
Mrs Elizabeth Finlayson Hall
Individual · British · DOB 04/1955 · age 71
2550%
25-50% shares09/12/2016

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

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 →
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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
Incorporated2002-12-09
Jurisdictionscotland
Primary SIC38110 — SIC 38110

Registered office

10 Boggs Holdings
Pencaitland
Tranent
East Lothian
EH34 5BB

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-11
Last: 2025-11-27

Officers (3 active · 6 resigned)

HALL, Elizabeth Finlayson
secretary · appointed 2013-08-06
View their other companies + combined net worth →
Active
HALL, David Baxter
director · ~72y · appointed 2002-12-16
View their other companies + combined net worth →
Active
HALL, David Robert
director · ~44y · appointed 2002-12-16
View their other companies + combined net worth →
Active
CARMICHAEL, Robert George
secretary · appointed 2007-12-01 · resigned 2012-09-26
Resigned
DREVER, Alana
secretary · appointed 2012-09-26 · resigned 2013-08-06
Resigned
HALL, Elizabeth Finlayson
secretary · appointed 2002-12-16 · resigned 2007-12-01
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.
corporate-nominee-secretary · appointed 2002-12-09 · resigned 2002-12-09
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.
corporate-nominee-director · appointed 2002-12-09 · resigned 2002-12-09
Resigned
PETER TRAINER CORPORATE SERVICES LTD.
corporate-nominee-director · appointed 2002-12-09 · resigned 2002-12-09
Resigned

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

Recent filings (71 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-31
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-13
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-12-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-22
memorandum-articles
incorporation · MA
2021-06-22
resolution
resolution · RESOLUTIONS
2021-06-22
statement-of-companys-objects
change-of-constitution · CC04
2021-06-22
capital-name-of-class-of-shares
capital · SH08
2021-06-22