ANDREW SOUTAR STOVE INSTALLATIONS LTD
🌳Matureactive
SC450427 · ltd · incorporated 2013-05-21
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£251.1k
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 74/100 (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: strategic trade sale (63/100).
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
3 officers (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £251,124
Cash YoY
+62%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£187k
↑ 62% YoY
Net Worth
£251k
↑ 37% YoY
Current Assets
£261k
↑ 24% YoY
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 |
|---|---|---|
| Total assets | £256.1k | £190.0k |
| Current assets | £261.1k | £210.8k |
| Cash | £186.7k | £115.2k |
| Debtors | £9.1k | £38.5k |
| Net assets | £251.1k | £183.4k |
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
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2026-02-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-02-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-06-04📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2023-11-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-10📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-27📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-02-23📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-02-23📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-02-23📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-06-01➕PETRIE, Ewan James appointeddirector
- 2022-02-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-04📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-01-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-07-16📍move-registers-to-sail-company-with-new-addressaddress · AD03
- 2019-07-16📍change-sail-address-company-with-new-addressaddress · AD02
- 2018-10-26📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-10-26📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-10-26📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-10-01➕MATTHEW, Ewen Peter appointeddirector
- 2018-09-05📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2013-05-21🏢Company incorporatedAs ANDREW SOUTAR STOVE INSTALLATIONS LTD
- 2013-05-21➕SOUTAR, Andrew Forrest appointeddirector
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder name in company name: Company name contains director surname "SOUTAR" — strong identity link between founder and business.
Succession & seller-readiness
43/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- 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 |
|---|---|---|---|---|
Mr Ewan James Petrie Individual · British · DOB 04/1994 · age 32 | 25–50% | — | 25-50% shares | 01/06/2022 |
Mr Ewen Peter Matthew Individual · British · DOB 08/1994 · age 32 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/10/2018 |
2 historic (ceased) PSCs
- Mrs Katie Soutarceased 01/10/2018· 25-50% shares · 25-50% voting
- Mr Andrew Forrest Soutarceased 01/06/2022· 50-75% shares · 50-75% 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 · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| 1ST & 2ND FIX MECHANICAL & ELECTRICAL SERVICES LTD.→ SC578874 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| A.R.G.O GLOBAL SOLUTIONS LTD→ SC444546 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| A&Z JOINERY & PROPERTY SERVICES LTD→ SC838633 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| ALBANY BUILDING SERVICES LTD→ SC880781 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| AMD BUILDING SERVICES LIMITED→ SC773875 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANDRA & DENIS LIMITED→ SC792920 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANDREW SHEPHERD CONSTRUCTION LIMITED→ SC099911 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| ANDY CLARK ACCESS LIMITED→ SC462460 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| APACHE DEVELOPMENTS (DUNDEE) LIMITED→ SC759700 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| APS (DUNDEE) LTD→ SC431707 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| AQUA PRO PLUMBING LIMITED→ SC864714 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AQUAMAC CONTRACTS LIMITED→ SC629820 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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
Incorporated2013-05-21
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation
Registered office
44-46 Brechin Road
Forfar
DD8 3JX
Scotland
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-04
Last: 2025-05-21
Officers (3 active · 0 resigned)
MATTHEW, Ewen Peter→
Activedirector · ~32y · appointed 2018-10-01
View their other companies + combined net worth →
PETRIE, Ewan James→
Activedirector · ~32y · appointed 2022-06-01
View their other companies + combined net worth →
SOUTAR, Andrew Forrest→
Activedirector · ~41y · appointed 2013-05-21
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
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-28
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
change-sail-address-company-with-old-address-new-address
address · AD02
2024-06-04
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-11-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-13
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-10
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-02-23
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-02-23
appoint-person-director-company-with-name-date
officers · AP01
2023-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-21