DAVID RENNIE PLUMBING & HEATING LTD
🌳Matureactive
SC450022 · ltd · incorporated 2013-05-14
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 May 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Data confidence
Overall: medium (78/100)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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
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 | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Average employees | 100 | 100 |
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
1
filing
- • 1 accounts
Last 180 days
2
filings
- • 1 accounts
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2026-02-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-10-21➕RENNIE, Morven Alexandra appointeddirector
- 2025-10-21📄change-person-director-company-with-change-dateofficers · CH01
- 2025-10-21📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-21📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-02-25📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-01-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-10-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-02-14📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-02-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-06-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-06-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-04-04📄accounts-amended-with-accounts-type-total-exemption-fullaccounts · AAMD
- 2017-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-05-14🏢Company incorporatedAs DAVID RENNIE PLUMBING & HEATING LTD
- 2013-05-14➕RENNIE, David appointeddirector
Owner dependency
86/100
Critical — business is the founderThe 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 "RENNIE" — strong identity link between founder and business.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
49/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 13 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 |
|---|---|---|---|---|
Mrs Morven Alexandra Rennie Individual · Scottish · DOB 01/1991 · age 35 | 25–50% | — | 25-50% shares | 21/10/2025 |
Mr David Rennie Individual · British · DOB 06/1983 · age 43 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| GUERRINI LIMITED→ SC715551 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
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| HIGHLAND SHIPPING COMPANY LIMITED→ SC700323 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| HIGHWIND RENEWABLES LTD→ SC811468 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HUTCHISON ENERGY SERVICES LTD→ SC717995 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| IFM ELECTRICAL LTD→ SC811922 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| INVERNESS TARPAULIN COMPANY LTD→ SC883084 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ISLE EWE BOATS LIMITED→ SC685669 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ISLE OF SKYE PAINT COMPANY LIMITED→ SC434618 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
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
Incorporated2013-05-14
Jurisdictionscotland
Primary SIC33120 — Repair of machinery
Registered office
Wyvis Cottage
Heights Of Fodderty
Strathpeffer
Ross-Shire
IV14 9AF
United Kingdom
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27
Officers (2 active · 0 resigned)
RENNIE, David→
Activedirector · ~43y · appointed 2013-05-14
View their other companies + combined net worth →
RENNIE, Morven Alexandra→
Activedirector · ~35y · appointed 2025-10-21
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (36 total)
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-27
change-person-director-company-with-change-date
officers · CH01
2025-10-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-10-21
appoint-person-director-company-with-name-date
officers · AP01
2025-10-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-13
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-12
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-19
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-24