SIMON KELMAN PLUMBING AND HEATING LTD
🌳Matureactive
SC447174 · ltd · incorporated 2013-04-10
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 5.8y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2024
Net worth
£528.6k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 33190
Sector: Manufacturing
ALSO REGISTERED FOR
- 43220Plumbing, heat and air-conditioning installation
Investor take
PursueActive trading company with a 74-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 80/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 5.8y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 5.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (77/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
25 connected companies via shared directors
90
Filing history
46 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £528,649
Key financials
1 year extracted from filed iXBRL accountsCash
£245k
Net Worth
£529k
Current Assets
£1.2m
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-04-30 |
|---|---|
| Total assets | £611.2k |
| Current assets | £1.24M |
| Cash | £244.9k |
| Debtors | £965.6k |
| Net assets | £528.6k |
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
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 90 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Last 180 days
13
filings
- • 6 officers
- • 3 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2026-03-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-01-12📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-06🔒Charge registered #2Lender: Hsbc UK Bank PLC
- 2025-11-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-11-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-11-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-31➕FARMER, Gordon James appointeddirector
- 2025-10-31➕MACGREGOR, Roderick James appointeddirector
- 2025-10-31➕MACKENZIE, Jia Kelly appointeddirector
- 2025-10-31➕MACKENZIE, Rory Callum appointeddirector
- 2025-10-31➖KELMAN, Mairi resigneddirector
- 2025-10-31➖KELMAN, Simon resigneddirector
- 2025-01-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-01-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-11-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-01-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-07📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-07-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2020-07-06🔒Charge registered #1Lender: Hsbc UK Bank PLC
- 2013-04-10🏢Company incorporatedAs SIMON KELMAN PLUMBING AND HEATING LTD
- 2013-04-10➕KELMAN, Mairi appointeddirector
- 2013-04-10➕KELMAN, Simon appointeddirector
Owner dependency
63/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: KELMAN, Mairi resigned 2025-10-31; KELMAN, Simon resigned 2025-10-31
Group structure
Geg Capital Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Geg Capital Limited
Corporate parent · holds 75-100% shares · board control
⬇
SIMON KELMAN PLUMBING AND HEATING LTD
This company · SC447174
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Geg Capital Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/10/2025 |
2 historic (ceased) PSCs
- Mr Simon Kelmanceased 31/10/2025· 25-50% shares · 25-50% voting
- Mrs Mairi White Kelmanceased 31/10/2025· 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 · Manufacturing · IV postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GUERRINI LIMITED→ SC715551 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HARDIE INSTALLATIONS LIMITED→ SC882884 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| HATRICK LTD.→ SC222513 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| HEIGHTSECTOR LIMITED→ SC512528 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| HIGHLAND HVAC SOLUTIONS LTD→ SC856836 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| HIGHLAND SHIPPING COMPANY LIMITED→ SC700323 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HIGHWIND RENEWABLES LTD→ SC811468 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| IFM ELECTRICAL LTD→ SC811922 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ISLE EWE BOATS LIMITED→ SC685669 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ISLE OF SKYE PAINT COMPANY LIMITED→ SC434618 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| ISLE OF SKYE SAUNAS LTD→ SC846723 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ITEK SOLUTIONS LIMITED→ SC337502 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
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
Incorporated2013-04-10
Jurisdictionscotland
Primary SIC33190 — SIC 33190
Registered office
13 Henderson Road
Inverness
IV1 1SN
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10
Officers (4 active · 2 resigned)
FARMER, Gordon James→
Activedirector · ~45y · appointed 2025-10-31
View their other companies + combined net worth →
MACGREGOR, Roderick James→
Activedirector · ~74y · appointed 2025-10-31
View their other companies + combined net worth →
MACKENZIE, Jia Kelly→
Activedirector · ~43y · appointed 2025-10-31
View their other companies + combined net worth →
MACKENZIE, Rory Callum→
Activedirector · ~40y · appointed 2025-10-31
View their other companies + combined net worth →
KELMAN, Mairi→
Resigneddirector · ~47y · appointed 2013-04-10 · resigned 2025-10-31
KELMAN, Simon→
Resigneddirector · ~51y · appointed 2013-04-10 · resigned 2025-10-31
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 06/01/2026 | — | |
| outstanding | HSBC Hsbc UK Bank PLC | A registered charge | — | 06/07/2020 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-26
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-01-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-04
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-04
termination-director-company-with-name-termination-date
officers · TM01
2025-11-04
appoint-person-director-company-with-name-date
officers · AP01
2025-11-04
appoint-person-director-company-with-name-date
officers · AP01
2025-11-04
appoint-person-director-company-with-name-date
officers · AP01
2025-11-04
appoint-person-director-company-with-name-date
officers · AP01
2025-11-04
termination-director-company-with-name-termination-date
officers · TM01
2025-11-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-01-21