ANDREW MAY BUILDING CONTRACTORS LTD

💤Zombieactive
SC676671 · ltd · incorporated 2020-10-06
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 2025
Net worth
£110.1k
book net assets
Opportunity
72/100
Strong
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What this business does
Primary activity: Other building completion and finishing
Sector: Construction
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 72/100 (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 -63% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (79/100)

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 (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £110,128
Net assets shrinking
Down £21,955 YoY
Cash draining
Cash down 63% YoY
Cash YoY
-63%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£58k
↓ 63% YoY
Net Worth
£110k
↓ 17% YoY
Current Assets
£267k
↓ 17% YoY
Current Liabilities
£0£65k£129k£194k£259k£323kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-10-312024-10-31
Total assets£237.8k£206.2k
Current assets£267.3k£323.5k
Cash£57.7k£155.9k
Debtors£44.1k£2.0k
Net assets£110.1k£132.1k

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
1
filing
  • 1 accounts
Last 90 days
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
  1. 2026-04-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-11-14
    FOUBISTER, Ben Alexander resigned
    director
  6. 2023-11-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-11-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-03-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2022-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-09-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2021-09-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2021-08-31
    MAY, Jane appointed
    director
  14. 2021-08-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2020-10-06
    🏢
    Company incorporated
    As ANDREW MAY BUILDING CONTRACTORS LTD
  16. 2020-10-06
    FOUBISTER, Ben Alexander appointed
    director
  17. 2020-10-06
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

75/100
High — earn-out structure required

Material 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 signal

Some 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

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
Mrs Jane May
Individual · Scottish · DOB 10/1979 · age 47
75100%
75–100%board control75-100% shares · 75-100% voting · board control01/09/2021
1 historic (ceased) PSC
  • Mr Ben Alexander Foubisterceased 14/11/2023· 25-50% shares · 25-50% voting · board control

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 →

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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
Incorporated2020-10-06
Jurisdictionscotland
Primary SIC43390 — Other building completion and finishing

Registered office

Bank House
Seaforth Street
Fraserburgh
AB43 9BB
Scotland

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-06-07
Last: 2025-05-24

Officers (1 active · 1 resigned)

MAY, Jane
director · ~47y · appointed 2021-08-31
View their other companies + combined net worth →
Active
FOUBISTER, Ben Alexander
director · ~30y · appointed 2020-10-06 · resigned 2023-11-14
Resigned

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

Recent filings (18 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-02
termination-director-company-with-name-termination-date
officers · TM01
2023-11-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-11-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-09-10
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-09-10