AFS SCAFFOLDING LTD
💤Zombieactive
SC579898 · ltd · incorporated 2017-10-26
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 Oct 2024
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Scaffold erection
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (strong), bankability 80/100. 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).
🏦
Refinance opportunity
1 live charge · oldest 6.9y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 6.9 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
27 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
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
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 | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 1000 | 1500 |
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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-09-07📄change-person-director-company-with-change-dateofficers · CH01
- 2021-07-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-04-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-11-11📄second-filing-notification-of-a-person-with-significant-controlpersons-with-significant-control · RP04PSC01
- 2019-10-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-10-24📄change-person-director-company-with-change-dateofficers · CH01
- 2019-07-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-06-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2019-06-07🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2019-03-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-03-20➖SHEWAN, Alison Margret resigneddirector
- 2018-11-02📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-11-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-05-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-02-19➕FINDLAY, Ross appointeddirector
- 2017-10-26🏢Company incorporatedAs AFS SCAFFOLDING LTD
- 2017-10-26➕SHEWAN, Alison Margret appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Ross Findlay Individual · British · DOB 09/1973 · age 53 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 01/02/2018 |
1 historic (ceased) PSC
- Alison Margret Shewanceased 01/02/2018· 75-100% shares · 75-100% voting · firm interest
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 L ROOFING & CLADDING LTD→ SC838565 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| AGD (KIRRIEMUIR) LIMITED→ SC502224 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| AIRLIE GREEN 'LOW ENERGY' HOMES SPV LTD→ SC533393 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| AK CLEANING & PROPERTY CARE LTD→ SC830614 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| ALAN MCINTEE LIMITED→ SC779578 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ALBA TRAFFIC MANAGEMENT LIMITED→ SC272746 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| ALBANY BUILDING SERVICES LTD→ SC880781 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ALEXANDER & YOUNG PLASTERING LTD→ SC759626 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLAN BROWN ALL TRADES LTD→ SC760966 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLAN CLYNE HEATING LIMITED→ SC749592 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALLAN ROY JOINER LTD→ SC842181 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
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
Incorporated2017-10-26
Jurisdictionscotland
Primary SIC43991 — Scaffold erection
Registered office
17 Lime Grove
Broughty Ferry
Dundee
DD5 3GJ
Scotland
Filing status
Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-11-08
Last: 2025-10-25
Officers (1 active · 1 resigned)
FINDLAY, Ross→
Activedirector · ~53y · appointed 2018-02-19
View their other companies + combined net worth →
SHEWAN, Alison Margret→
Resigneddirector · ~57y · appointed 2017-10-26 · resigned 2019-03-20
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 07/06/2019 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (27 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-09-07
change-person-director-company-with-change-date
officers · CH01
2021-09-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-09
second-filing-notification-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC01
2019-11-11