MULTIPASS SPECTRAL LIMITED
🌳Matureactive
SC120781 · ltd · incorporated 1989-10-13
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 23.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
PursueActive trading company with a 72-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 72). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 23.6y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 23.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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, 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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
94 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
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 · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Average employees | 2 | 200 |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-09-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-07-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-09-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-08-23📄change-person-director-company-with-change-dateofficers · CH01
- 2021-08-23📄change-person-director-company-with-change-dateofficers · CH01
- 2021-08-23📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-08-23📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-10-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-18📄change-person-secretary-company-with-change-dateofficers · CH03
- 2017-10-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2017-09-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2002-09-30🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1989-10-13🏢Company incorporatedAs MULTIPASS SPECTRAL LIMITED
Owner dependency
81/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 72 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
76/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 37 years old and no new directors in the last 3 years — succession not yet being planned internally.
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 Ian Davidson Individual · British · DOB 06/1954 · age 72 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mrs Sarah Davidson Individual · British · DOB 07/1955 · age 71 | 25–50% | — | 25-50% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| NEPALESE THREADING LIMITED→ SC870009 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OLIMPIA CLEANERS LTD→ SC799917 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| PACITTI JONES SERCO LIMITED→ SC495555 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| PEEBLES REINFORCEMENTS LIMITED→ SC500365 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| PERTH MEETING ROOM LIMITED→ SC579793 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| PERTH. WHEELIE CLEAN LTD→ SC881106 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| PERTHSHIRE CLEANING LTD→ SC696424 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PERTHSHIRE PROPERTY MAINTENANCE LTD→ SC640266 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| PHILIP POLITI HAIRDRESSING LTD.→ SC296762 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| PHOENIX VIRTUAL SOLUTIONS LTD→ SC747027 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| PLANT GLAZING LIMITED→ SC061671 · est 1977 · no financials extracted | — | — | — | — | 49y | — | — |
| POLISHED TO PERFECTION CLEANING SERVICES LTD→ SC524388 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated1989-10-13
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.
Registered office
30 Bonnethill Road
Pitlochry
PH16 5BS
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-27
Last: 2025-10-13
Officers (3 active · 0 resigned)
Active
Active
Active
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 Governor and Company of the Bank of Scotland | Standard security | 1 property | 30/09/2002 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (94 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-13
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-13
change-person-director-company-with-change-date
officers · CH01
2021-08-23
change-person-director-company-with-change-date
officers · CH01
2021-08-23
change-person-secretary-company-with-change-date
officers · CH03
2021-08-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-08