MIDWAY DESIGN & BUILD LTD

🌳Matureactive

SC312389 · ltd · incorporated 2006-11-22

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 Nov 2024

Net worth

£-202

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Development of building projects

Sector: Construction

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 78/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -69% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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

Confirmed no charges registered

Directors & officers

22 officers (5 active, 22 linked, 21 with DOB)

Ownership & PSC

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

Director network

8 connected companies via shared directors

Filing history

88 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £202

Cash draining

Cash down 69% YoY

Cash YoY

-69%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£6k

↓ 69% YoY

Net Worth

-£202

~ YoY

Current Assets

£54k

↑ 50% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-11-30	2023-11-30
Total assets	£-202	£-202
Current assets	£53.7k	£35.8k
Cash	£5.6k	£17.7k
Debtors	£8.7k	£4.9k
Net assets	£-202	£-202

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

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (58 events)Click to expand

2025-08-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-22
➖
FOWLER, Allister Charles resigned
director
2024-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-11
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-12-05
➖
BURGESS, Jeremy Charles resigned
director
2023-07-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-10
➕
JAMES, Rolfe appointed
director
2023-05-10
➕
SHIMWELL, Michael appointed
director
2023-05-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-05-10
📄
appoint-person-director-company-with-name-date
officers · AP01
2022-08-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-08-02
➕
BURGESS, Jeremy Charles appointed
director
2021-08-02
➕
FOWLER, Allister Charles appointed
director
2020-11-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-25
➕
SKIRTON, Andrew Paul appointed
director
2018-10-25
➕
STACEY, Alan Mark appointed
director
2018-10-25
➖
FOWLER, Allister Charles resigned
director
2018-10-25
➖
LEWIS, Roger resigned
director
2018-10-25
➖
PATERSON, Dale resigned
director
2018-10-25
➖
PATERSON, Graeme Neil resigned
director
2018-10-25
➖
SHIMWELL, Peter resigned
director
2018-10-25
➖
SHIMWELL, Terry resigned
director
2018-10-25
➖
SMERDON, Neville resigned
director
2018-10-25
📄
change-person-director-company-with-change-date
officers · CH01
2018-10-25
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-10-25
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2018-10-25
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-10-25
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2016-05-14
➕
BYNE, Michael appointed
director
2016-05-14
➖
BURGESS, Jeremy Charles resigned
director
2016-05-14
➖
HARMER, Allan Ralph resigned
director
2016-05-14
➕
LEWIS, Roger appointed
director
2016-05-14
➖
MICHEL, Russell resigned
director
2016-05-14
➕
PATERSON, Graeme Neil appointed
director
2016-05-14
➖
PATERSON, Richard resigned
director
2016-05-14
➕
SHIMWELL, Peter appointed
director
2016-05-14
➕
SHIMWELL, Terry appointed
director
2016-05-14
➖
WILKIN, John Dudley resigned
director
2011-05-01
➖
FOWLER, Allister Charles resigned
secretary
2011-04-30
➖
DEVENISH, Richard Paul resigned
director
2011-04-30
➕
HARMER, Allan Ralph appointed
director
2011-04-30
➖
MICHEL, Timothy Ian resigned
director
2011-04-30
➕
PATERSON, Dale appointed
director
2011-04-30
➕
PATERSON, Richard appointed
director
2011-04-30
➕
SMERDON, Neville appointed
director

Showing most recent 50 of 58 events

Owner dependency

48/100

Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.

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 Alan Mark Stacey Individual · British · DOB 04/1966 · age 60	25–50%	25–50%	25-50% shares · 25-50% voting	25/10/2018
Mr Michael Byne Individual · British · DOB 04/1984 · age 42	25–50%	25–50%	25-50% shares · 25-50% voting	25/10/2018

2 historic (ceased) PSCs

Mr Allister Charles Fowlerceased 25/10/2018· 25-50% shares · 25-50% voting
Mr Timothy Ian Michelceased 25/10/2018· 25-50% shares · 25-50% 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

Active · Construction · FK postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AW PLANT HIRE AND CONSTRUCTION LTD→ SC736939 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
BANNOCKBURN ROOFING COMPANY LTD.→ SC386888 · est 2010 · no financials extracted	—	—	—	—	15y	—	—
BATHREGEN LTD→ SC770081 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
BB PLUMBING LTD→ SC662889 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
BELLAIR FOUR LIMITED→ SC824847 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
BR JOINERS LIMITED→ SC738737 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
BRIGHTONS BUILDERS LTD→ SC859894 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BSC PLUMBING AND HEATING LIMITED→ SC871407 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BUILDING PROJECTS LIMITED→ SC840230 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BUILDVALE LIMITED→ SC335731 · est 2008 · no financials extracted	—	—	—	—	18y	—	—
BURNS PROPERTY MAINTENANCE LTD→ SC853748 · est 2025 · no financials extracted	—	—	—	—	—	—	—
BURT HEATING ( SCOTLAND ) LTD→ SC849389 · est 2025 · no financials extracted	—	—	—	—	—	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2006-11-22

Jurisdictionscotland

Primary SIC41100 — Development of building projects

Registered office

14 Inchyra Road

Grangemouth

FK3 9XB

Scotland

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-11-08

Last: 2025-10-25

Officers (5 active · 17 resigned)

BYNE, Michael→

director · ~42y · appointed 2016-05-14

View their other companies + combined net worth →

Active

JAMES, Rolfe→

director · ~44y · appointed 2023-05-10

View their other companies + combined net worth →

Active

SHIMWELL, Michael→

director · ~53y · appointed 2023-05-10

View their other companies + combined net worth →

Active

SKIRTON, Andrew Paul→

director · ~60y · appointed 2018-10-25

View their other companies + combined net worth →

Active

STACEY, Alan Mark→

director · ~60y · appointed 2018-10-25

View their other companies + combined net worth →

Active

FOWLER, Allister Charles→

secretary · appointed 2006-11-22 · resigned 2011-05-01

Resigned

BURGESS, Jeremy Charles→

director · ~69y · appointed 2021-08-02 · resigned 2023-12-05

Resigned

BURGESS, Jeremy Charles→

director · ~69y · appointed 2006-11-22 · resigned 2016-05-14

Resigned

DEVENISH, Richard Paul→

director · ~62y · appointed 2006-11-22 · resigned 2011-04-30

Resigned

FOWLER, Allister Charles→

director · ~71y · appointed 2021-08-02 · resigned 2024-09-22

Resigned

FOWLER, Allister Charles→

director · ~71y · appointed 2006-11-22 · resigned 2018-10-25

Resigned

HARMER, Allan Ralph→

director · ~52y · appointed 2011-04-30 · resigned 2016-05-14

Resigned

LEWIS, Roger→

director · ~55y · appointed 2016-05-14 · resigned 2018-10-25

Resigned

MICHEL, Russell→

director · ~50y · appointed 2006-11-22 · resigned 2016-05-14

Resigned

MICHEL, Timothy Ian→

director · ~77y · appointed 2006-11-22 · resigned 2011-04-30

Resigned

PATERSON, Dale→

director · ~45y · appointed 2011-04-30 · resigned 2018-10-25

Resigned

PATERSON, Graeme Neil→

director · ~55y · appointed 2016-05-14 · resigned 2018-10-25

Resigned

PATERSON, Richard→

director · ~57y · appointed 2011-04-30 · resigned 2016-05-14

Resigned

SHIMWELL, Peter→

director · ~46y · appointed 2016-05-14 · resigned 2018-10-25

Resigned

SHIMWELL, Terry→

director · ~50y · appointed 2016-05-14 · resigned 2018-10-25

Resigned

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

Recent filings (88 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-27

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-08-25

termination-director-company-with-name-termination-date

officers · TM01

2024-11-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-08-30

termination-director-company-with-name-termination-date

officers · TM01

2023-12-11

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-11-01

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-07-06

appoint-person-director-company-with-name-date

officers · AP01

2023-05-10

appoint-person-director-company-with-name-date

officers · AP01

2023-05-10

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-28

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-08-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-11-08

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-08-30

appoint-person-director-company-with-name-date

officers · AP01

2021-08-03