E.C.E.ENGINEERING (DUNDEE) LIMITED

💤Zombieactive
SC065040 · ltd · incorporated 1978-06-08
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£131.8k
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
ALSO REGISTERED FOR
  • 28290SIC 28290
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 85/100. 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 -35% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 47.6y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 47.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 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
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £131,755
Net assets shrinking
Down £73,335 YoY
Cash YoY
-35%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£106k
↓ 35% YoY
Net Worth
£132k
↓ 36% YoY
Current Assets
£149k
↓ 42% YoY
Current Liabilities
£0£51k£102k£153k£204k£255kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Total assets£131.8k£205.1k
Current assets£148.7k£254.5k
Cash£105.9k£163.4k
Net assets£131.8k£205.1k

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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-07-01
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-07-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-07-01
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2025-07-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-06-30
    MURDOCH, Scott Benjamin appointed
    director
  7. 2025-06-30
    WHYTE, Kenneth resigned
    director
  8. 2025-03-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2025-03-10
    🔓
    Charge satisfied #1
  10. 2025-02-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2024-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-02-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-01-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-11-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2018-11-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2018-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 1999-06-11
    GIBSON, Kimberley appointed
    secretary
  22. 1999-06-11
    RITCHIE, David Laing resigned
    secretary
  23. 1999-06-11
    RITCHIE, David Laing resigned
    director
  24. 1992-04-18
    HALL, William resigned
    secretary
  25. 1992-04-18
    HALL, William resigned
    director
  26. 1992-04-08
    RITCHIE, David Laing appointed
    secretary
  27. 1992-04-08
    HALL, Patricia Ellen resigned
    director
  28. 1978-10-31
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  29. 1978-06-08
    🏢
    Company incorporated
    As E.C.E.ENGINEERING (DUNDEE) LIMITED

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
Mr Scott Benjamin Murdoch
Individual · British · DOB 03/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control · firm interest30/06/2025
1 historic (ceased) PSC
  • Mr Kenneth Whyteceased 30/06/2025· 75-100% shares · 75-100% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1978-06-08
Jurisdictionscotland
Primary SIC25620 — Machining

Registered office

Unit 12 Faraday Street
Dryburgh Industrial Esta
Dundee
Angus
DD2 3QQ

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-07-15
Last: 2025-07-01

Officers (2 active · 6 resigned)

GIBSON, Kimberley
secretary · appointed 1999-06-11
View their other companies + combined net worth →
Active
MURDOCH, Scott Benjamin
director · ~48y · appointed 2025-06-30
View their other companies + combined net worth →
Active
HALL, William
secretary · resigned 1992-04-18
Resigned
RITCHIE, David Laing
secretary · appointed 1992-04-08 · resigned 1999-06-11
Resigned
HALL, Patricia Ellen
director · ~84y · resigned 1992-04-08
Resigned
HALL, William
director · ~91y · resigned 1992-04-18
Resigned
RITCHIE, David Laing
director · ~86y · resigned 1999-06-11
Resigned
WHYTE, Kenneth
director · ~71y · resigned 2025-06-30
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property31/10/197810/03/2025

Recent filings (108 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-01
termination-director-company-with-name-termination-date
officers · TM01
2025-07-01
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-01
appoint-person-director-company-with-name-date
officers · AP01
2025-07-01
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-26
change-person-director-company-with-change-date
officers · CH01
2024-02-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-28