HEDDLE CONSTRUCTION LIMITED

💤Zombieactive
SC450332 · ltd · incorporated 2013-05-17
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other specialised construction activities n.e.c.
Sector: Construction
Investor take
Pursue
Strong 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. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (80/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
35 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 accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Average employees192000

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
0
filings
Last 90 days
0
filings
Last 180 days
3
filings
  • 2 persons-with-significant-control
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-11-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-11-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-01-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-01-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-01-08
    HEDDLE, James Ian resigned
    director
  10. 2020-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-02-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-02-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2019-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2016-10-04
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-05-17
    🏢
    Company incorporated
    As HEDDLE CONSTRUCTION LIMITED
  18. 2013-05-17
    HEDDLE, Derek Alexander appointed
    director
  19. 2013-05-17
    HEDDLE, James Ian appointed
    director

Owner dependency

90/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "HEDDLE" — strong identity link between founder and business.

Succession & seller-readiness

58/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Heddle Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Heddle Holdings Limited
Corporate parent · holds 75-100% shares
ultimate parent
HEDDLE CONSTRUCTION LIMITED
This company · SC450332

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%
NameSharesVoting rightsNature of controlNotified
Heddle Holdings Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting09/10/2025
Mr Derek Alexander Heddle
Individual · British · DOB 01/1970 · age 56
75100%
75–100%75-100% shares · 75-100% voting01/07/2016

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 · KW postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
CAITHNESS POLYROOMS LTD
SC797424 · est 2024 · no financials extracted
2y
D.B.C PLUMBING AND HEATING LTD
SC710006 · est 2021 · no financials extracted
4y
DW DEVELOPMENTS (ORKNEY) LTD
SC720028 · est 2022 · no financials extracted
4y
G GRANT CONTRACTORS LTD
SC405566 · est 2011 · no financials extracted
14y
G MACLEAN CONTRACTING LTD
SC813115 · est 2024 · no financials extracted
1y
G SINCLAIR PAINTING & DECORATING LTD
SC565200 · est 2017 · no financials extracted
8y
GARY ELDER FENCING LTD
SC855771 · est 2025 · no financials extracted
GM ACCESS AND RIGGING LTD
SC560561 · est 2017 · no financials extracted
9y
GOW PLANT LIMITED
SC424394 · est 2012 · no financials extracted
13y
HEARTLAND HOME SERVICES LIMITED
SC130330 · est 1991 · no financials extracted
35y
HIGHLAND ROOFING & GUTTER SERVICES LTD
SC853898 · est 2025 · no financials extracted
HUGH SIMPSON (CONTRACTORS) LIMITED
SC067751 · est 1979 · no financials extracted
46y
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
Incorporated2013-05-17
Jurisdictionscotland
Primary SIC43999 — Other specialised construction activities n.e.c.

Registered office

Hatston Industrial Estate Grainshore Road
Hatston
Kirkwall
KW15 1FL

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-06-08
Last: 2025-05-25

Officers (1 active · 1 resigned)

HEDDLE, Derek Alexander
director · ~56y · appointed 2013-05-17
View their other companies + combined net worth →
Active
HEDDLE, James Ian
director · ~80y · appointed 2013-05-17 · resigned 2021-01-08
Resigned

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

Recent filings (35 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-10
termination-director-company-with-name-termination-date
officers · TM01
2021-01-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-05-25