READY CONSTRUCTION LIMITED

🌳Matureactive
SC393394 · ltd · incorporated 2011-02-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£2.39M
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Site preparation
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 68-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (73/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (2 active, 4 linked, 4 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £2,387,893

Key financials

1 year extracted from filed iXBRL accounts
Cash
£166k
Net Worth
£2.4m
Current Assets
£1.8m
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-30
Total assets£2.39M
Current assets£1.79M
Cash£166.1k
Debtors£1.48M
Net assets£2.39M

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
0
filings
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 officers
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-03-05
    📄
    replacement-filing-of-director-appointment-with-name
    officers · RP01AP01
  2. 2026-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-06-30
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2024-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-07-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2019-08-31
    ➕
    DON, Diane Mary appointed
    director
  11. 2019-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-05-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-05-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2018-05-20
    ➖
    DON, Diane resigned
    director
  16. 2017-07-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-05-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2012-01-12
    ➕
    DON, Thomas Thorburn appointed
    director
  19. 2012-01-01
    ➖
    DON, Julie Louise resigned
    director
  20. 2011-02-11
    🏢
    Company incorporated
    As READY CONSTRUCTION LIMITED
  21. 2011-02-11
    ➕
    DON, Diane appointed
    director
  22. 2011-02-11
    ➕
    DON, Julie Louise 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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

79/100
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 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 15 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
NameSharesVoting rightsNature of controlNotified
Mr Thomas Thorburn Don
Individual · British · DOB 09/1958 · age 68
25–50%
—25-50% shares06/04/2016
Mrs Diane Mary Don
Individual · British · DOB 03/1959 · age 67
25–50%
—25-50% shares06/04/2016

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.

See pricing →

Similar companies

Active · Construction · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GEORGE LESLIE LIMITED→
SC251886 · est 2003
£42.07M
£30.05M–£54.09M
——4300022y8759y
MACKENZIE CONSTRUCTION LIMITED→
SC073177 · est 1980
£19.04M
£13.60M–£24.48M
——29245y8761y
SLM MACKENZIE LIMITED→
SC243618 · est 2003
£19.02M
£13.59M–£24.46M
——29223y8663y
LUDDON CONSTRUCTION LIMITED→
SC057943 · est 1975
£11.36M
£8.11M–£14.61M
——54050y8760y
CURTIS MOORE (CLADDING SYSTEMS) LIMITED→
SC206369 · est 2000
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——370026y8565y
A.B. 2000 LTD.→
SC155832 · est 1995
£6.43M
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——1060031y8446y
FRONT LINE CONSTRUCTION LIMITED→
SC068593 · est 1979
£3.67M
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——10646y8356y
VEITCHI INTERIORS LIMITED→
SC042401 · est 1965
£3.00M
£2.15M–£3.86M
——5360y8761y
WESTPOINT CONSTRUCTION COMPANY (SCOTLAND) LTD→
SC101441 · est 1986
£968.2k
£691.5k–£1.24M
——6639y8570y
INSITE CONTRACTS LIMITED→
SC162464 · est 1996
£682.9k
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——4730y8560y
TARPAVE LIMITED→
SC240089 · est 2002
£32.6k
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A H F CONSTRUCTION MANAGEMENT LTD.→
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——£2.19M—17y8358y
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
Incorporated2011-02-11
Jurisdictionscotland
Primary SIC43120 — Site preparation

Registered office

60 St. Enoch Square
S
Glasgow
G1 4AG
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-02-25
Last: 2026-02-11

Officers (2 active · 2 resigned)

DON, Diane Mary→
director · ~67y · appointed 2019-08-31
View their other companies + combined net worth →
Active
DON, Thomas Thorburn→
director · ~68y · appointed 2012-01-12
View their other companies + combined net worth →
Active
DON, Diane→
director · ~67y · appointed 2011-02-11 · resigned 2018-05-20
Resigned
DON, Julie Louise→
director · ~33y · appointed 2011-02-11 · resigned 2012-01-01
Resigned

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

Recent filings (39 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-05
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2026-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-02
change-account-reference-date-company-previous-extended
accounts · AA01
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-13