AYRSHIRE GASWORKS LTD

💤Zombieactive
SC459992 · ltd · incorporated 2013-09-24
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 Mar 2025
Net worth
£517.4k
book net assets
Opportunity
78/100
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: Plumbing, heat and air-conditioning installation
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 78/100 (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: Cash flow review and working-capital discipline. Cash down -52% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (73/100).

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
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
30 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
70
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 · accounting standard not declared
Positive net assets
Net assets £517,395
Cash draining
Cash down 52% YoY
Cash YoY
-52%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£220k
↓ 52% YoY
Net Worth
£517k
↑ 7.7% YoY
Current Assets
£668k
↑ 11% YoY
Current Liabilities
£0£134k£267k£401k£535k£668kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£657.0k£580.9k
Current assets£668.3k£604.0k
Cash£220.3k£455.2k
Debtors£438.0k£138.7k
Net assets£517.4k£480.5k

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2025-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-05-24
    📄
    capital-allotment-shares
    capital · SH01
  12. 2017-02-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2016-12-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-12-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-11-16
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2013-09-24
    🏢
    Company incorporated
    As AYRSHIRE GASWORKS LTD
  17. 2013-09-24
    PURDON, Andrew John Collie appointed
    director

Owner dependency

88/100
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.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.
  • +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew John Collie Purdon
Individual · British · DOB 10/1966 · age 60
75100%
75-100% shares10/10/2016

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 · KA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
AUBERNE HOMES (AYRSHIRE) LIMITED
SC466223 · est 2013 · no financials extracted
12y
AYRSHIRE SAFETY NETTING SERVICES LIMITED
SC666390 · est 2020 · no financials extracted
5y
B.H. DEVELOPMENTS (SCOTLAND) LIMITED
SC158584 · est 1995 · no financials extracted
30y
BALDELECTRICIAN LIMITED
SC565260 · est 2017 · no financials extracted
8y
BC CIVIL ENGINEERING LTD
SC773957 · est 2023 · no financials extracted
2y
BC CIVILS & GROUNDWORKS LTD
SC697291 · est 2021 · no financials extracted
4y
BD PLUMBING & HEATING GAS SERVICES LTD
SC883082 · est 2026 · no financials extracted
BDAS (SERVICES) LTD
SC422045 · est 2012 · no financials extracted
14y
BDG PROJECT MANAGEMENT LTD
SC844302 · est 2025 · no financials extracted
1y
BEL&RAF RENDERING LTD
SC664925 · est 2020 · no financials extracted
5y
BELL MAINTENANCE LIMITED
SC442011 · est 2013 · no financials extracted
13y
BELMONDO RENDERING LTD
SC697139 · est 2021 · no financials extracted
4y
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
Incorporated2013-09-24
Jurisdictionscotland
Primary SIC43220 — Plumbing, heat and air-conditioning installation

Registered office

Unit 3 Kyle Business Park
Cunninghame Road
Irvine
Ayrshire
KA12 8JJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-24
Last: 2025-10-10

Officers (1 active · 0 resigned)

PURDON, Andrew John Collie
director · ~60y · appointed 2013-09-24
View their other companies + combined net worth →
Active

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

Recent filings (30 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-10
change-person-director-company-with-change-date
officers · CH01
2023-10-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-10-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-11