NESCO ESTATES LIMITED

🌳Matureactive

SC257093 · ltd · incorporated 2003-10-03

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.5y old — refinance window within 12 months

🔒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: Construction of domestic buildings

Sector: Construction

Investor take

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 11.5y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 11.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

10 officers (6 active, 10 linked, 7 with DOB)

Ownership & PSC

2 active PSC(s) of 4 total, 4 with control declared

Director network

13 connected companies via shared directors

Filing history

76 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

100

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	2024-12-31	2023-12-31
Average employees	500	500

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

🔒Filing-note intelligence

2 signals 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 (40 events)Click to expand

2025-06-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-23
📄
accounts-with-accounts-type-small
accounts · AA
2022-12-09
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-04-25
📄
accounts-with-accounts-type-small
accounts · AA
2022-01-20
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-25
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-07-29
➖
CLARKE, John Bernard resigned
director
2021-07-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-06-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-06-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-06-30
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-06-25
➕
BRYMER, Stewart, Prof appointed
director
2021-06-25
➕
MCWHIRTER, Blair Douglas appointed
director
2021-06-25
➕
O'DONNELL, Kathryn Margaret appointed
director
2021-05-28
📄
accounts-with-accounts-type-small
accounts · AA
2020-09-02
📄
accounts-with-accounts-type-small
accounts · AA
2020-03-05
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2020-02-24
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-02-21
➕
O'DONNELL, Kathryn Margaret appointed
secretary
2020-02-21
➖
CCW SECRETARIES LIMITED resigned
corporate-secretary
2020-01-06
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-01-06
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2019-12-27
✏️
certificate-change-of-name-company
change-of-name · CERTNM
2019-12-27
📄
resolution
resolution · RESOLUTIONS
2017-11-27
🔓
Charge satisfied #3
2017-11-27
🔓
Charge satisfied #2
2017-11-27
🔓
Charge satisfied #1
2015-12-01
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2015-02-01
➕
CLARKE, John Bernard appointed
director
2015-01-01
➕
MCWHIRTER, Ann appointed
director
2014-11-28
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2014-10-20
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2013-10-01
➖
SMEATON, Alexander Gary resigned
director
2003-10-03
🏢
Company incorporated
As NESCO ESTATES LIMITED
2003-10-03
➕
MCWHIRTER, Peter Craig appointed
director
2003-10-03
➕
CCW SECRETARIES LIMITED appointed
corporate-secretary
2003-10-03
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2003-10-03
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2003-10-03
➕
SMEATON, Alexander Gary appointed
director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100

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 69. Approaching typical UK retirement age — succession thinking likely.
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

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.

Group structure

Nesco Holding Bv is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Nesco Holding Bv

Corporate parent · holds 75-100% shares

ultimate parent

⬇

NESCO ESTATES LIMITED

This company · SC257093

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Nesco Holding Bv Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	19/12/2019
Mr Peter Craig Mcwhirter Individual · British · DOB 04/1963 · age 63	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/04/2016

2 historic (ceased) PSCs

Nesco Holding B.V.ceased 01/01/2022· 75-100% shares · 75-100% voting
Mr Peter Craig Mcwhirterceased 19/12/2019· 75-100% shares · 75-100% voting

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 →

Similar companies

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CPC-MCB LTD→ SC668022 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
CRAIG FENTON DESIGN LIMITED→ SC505072 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
CRAIG SWINTON ELECTRICAL LIMITED→ SC432992 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
CROMBIE PROPERTIES LTD→ SC679991 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
CRUACHAN BHEROAID LTD→ SC868649 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CRUICKSHANK GLAZIERS LTD.→ SC315183 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
CRYSTAL BUILDING SOLUTIONS LIMITED→ SC710444 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
CUTTING EDGE CARPETS FIFE LIMITED→ SC585550 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
D & A JOINERY AND BUILDING LTD→ SC603707 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
DAL SEGNO LTD→ SC497381 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
DANIELS ACCESS LTD→ SC749422 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
DARREN SAVILLE ROOFING LIMITED→ SC735538 · est 2022 · no financials extracted	—	—	—	—	3y	—	—

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 →

🔒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

Incorporated2003-10-03

Jurisdictionscotland

Primary SIC41202 — Construction of domestic buildings

Registered office

Crescent House, Carnegie Campus

Dunfermline

Fife

KY11 8GR

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-10-15

Last: 2025-10-01