SEATRONICS LIMITED
⚰️Wound downliquidation
SC124658 · ltd · incorporated 1990-04-30
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
34/100
Pass
What this business does
Primary activity: SIC 46140
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Investor take
Pass (distressed without resilience)Distressed low-transparency controlled group — structural issues outweigh the discount.
Opportunity 34/100 (pass), bankability 32/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: asset disposal / carve-out (90/100). Current lenders should be on immediate intervention.
🏦
Refinance opportunity
5 live charges · 4 lenders · oldest 35.9y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 35.9 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 58/100 (high).
Data confidence
Overall: medium (60/100)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
No iXBRL financials extracted
0
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
29 officers (2 active, 29 linked, 23 with DOB)
86
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
196 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
34/100Pass
PassWatchWorth a lookStrongExceptional
Clear signal to pass. Time better spent elsewhere unless you have a specific strategic angle.
Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
50
Some acquirability indicators.
Risk profile
20
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
8
filings
- • 2 resolution
- • 2 capital
- • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (91 events)Click to expand
- 2025-12-30📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-23📄resolutionresolution · RESOLUTIONS
- 2025-12-10📄capital-statement-capital-company-with-date-currency-figurecapital · SH19
- 2025-12-10📄legacycapital · SH20
- 2025-12-10⚠️legacyinsolvency · CAP-SS
- 2025-12-10📄resolutionresolution · RESOLUTIONS
- 2025-11-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-10-31📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-26📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2025-01-07📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-12-16📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-12-10📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2024-12-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-12-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-12-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-12-10🔓Charge satisfied #5
- 2024-12-10🔓Charge satisfied #4
- 2024-11-26➕PIRIE, Allan William appointeddirector
- 2024-11-26➕STEWART, Ingrid appointeddirector
- 2024-11-26➖BURNESS PAULL LLP resignedcorporate-secretary
- 2024-11-26➖BOUFFARD, Brice Marc resigneddirector
- 2024-11-26➖MAIN, Richard resigneddirector
- 2024-10-25📄accounts-with-accounts-type-fullaccounts · AA
- 2024-06-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-04📄memorandum-articlesincorporation · MA
- 2024-06-04📄resolutionresolution · RESOLUTIONS
- 2024-06-03📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-06-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-05-01➕BOUFFARD, Brice Marc appointeddirector
- 2024-05-01➖BRUGGAIER, Bernhard, Dr resigneddirector
- 2024-03-26➖PAI, Sudhir resigneddirector
- 2024-03-21🔒Charge registered #5Lender: Glas Trust Corporation Limited (And Its Successors in Title and Permitted Transferees)
- 2024-03-21🔒Charge registered #4Lender: Glas Trust Corporation Limited (As Security Agent)
- 2023-05-24➖DONALDSON, Derek resigneddirector
- 2023-05-23➕MAIN, Richard appointeddirector
- 2023-05-23➕PAI, Sudhir appointeddirector
- 2021-01-04➕DONALDSON, Derek appointeddirector
- 2020-11-20➖MIDDLETON, Philip Greig resigneddirector
- 2015-09-25➕MIDDLETON, Philip Greig appointeddirector
- 2015-02-27➖CURRIE, David Ross resigneddirector
- 2014-06-18➕BURNESS PAULL LLP appointedcorporate-secretary
- 2014-06-18➖PAULL & WILLIAMSONS LLP resignedcorporate-secretary
- 2012-11-15🔓Charge satisfied #3
- 2009-06-30➖OVENDEN, Kevin Francis resigneddirector
- 2009-04-06➖PAULL & WILLIAMSONS resignedcorporate-secretary
- 2009-04-06➕PAULL & WILLIAMSONS LLP appointedcorporate-secretary
- 2007-08-24🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
Showing most recent 50 of 91 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
3 high · 1 med · 1 lowAccounts overdue
highStatutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-03-31
Company in liquidation
highCompany is actively being wound up. Not a going concern.
1 insolvency-related filing on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2025-12-10: legacy
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Multiple registered office changes
lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Group structure
Ashtead Technology Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Ashtead Technology Limited
Corporate parent · holds 75-100% shares · board control
⬇
SEATRONICS LIMITED
This company · SC124658
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ashtead Technology Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 26/09/2025 |
3 historic (ceased) PSCs
- Bank Of Scotland (B G S) Nominees Limitedceased 21/03/2024· 75-100% shares
- Geoscan Group Limitedceased 26/09/2025· 75-100% shares · 75-100% voting · board control
- Hsdl Nominees Limitedceased 16/03/2017· 75-100% shares
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
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|---|---|---|---|---|---|---|---|
| AALAM FOOD LTD→ SC767773 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| AARNIKA LIMITED→ SC535313 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| ACADEMY WHOLESALE ELECTRICS LIMITED→ SC069019 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| ACTIVECLOBBERUK LTD→ SC877752 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ADT ENTERPRISES LIMITED→ SC445443 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| AITKEN & STEWART LIMITED→ SC068486 · est 1979 · no financials extracted | — | — | — | — | 46y | — | — |
| AJ IMPEX LIMITED→ SC641694 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AL RAYYAN RISE LTD→ SC866087 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ALAYASH LIMITED→ SC604041 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| ALEX MATHER LIMITED→ SC078787 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| ALFA (WHOLESALE) LIMITED→ SC080128 · est 1982 · no financials extracted | — | — | — | — | 43y | — | — |
| ALGERSCOT GLOBAL TRADING LTD→ SC852358 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Statusliquidation
Typeltd
Incorporated1990-04-30
Jurisdictionscotland
Primary SIC46140 — SIC 46140
Registered office
C/O Interpath Ltd
130 St. Vincent Street
Glasgow
G2 5HF
Filing status
Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2023-12-31
Confirmation statement
Next due: 2026-05-17
Last: 2025-05-03
Officers (2 active · 27 resigned)
PIRIE, Allan William→
Activedirector · ~53y · appointed 2024-11-26
View their other companies + combined net worth →
STEWART, Ingrid→
Activedirector · ~52y · appointed 2024-11-26
View their other companies + combined net worth →
MABBOTT, Lesley→
Resignednominee-secretary · appointed 1990-04-30 · resigned 1990-04-30
BURNESS PAULL LLP→
Resignedcorporate-secretary · appointed 2014-06-18 · resigned 2024-11-26
LEDINGHAM CHALMERS→
Resignedcorporate-nominee-secretary · appointed 1990-04-30 · resigned 2006-04-01
LEDINGHAM CHALMERS LLP→
Resignedcorporate-secretary · appointed 2006-04-01 · resigned 2007-07-06
PAULL & WILLIAMSONS→
Resignedcorporate-secretary · appointed 2007-07-06 · resigned 2009-04-06
PAULL & WILLIAMSONS LLP→
Resignedcorporate-secretary · appointed 2009-04-06 · resigned 2014-06-18
BOUFFARD, Brice Marc→
Resigneddirector · ~56y · appointed 2024-05-01 · resigned 2024-11-26
BRUCE, Callum→
Resigneddirector · ~65y · appointed 2001-03-20 · resigned 2007-07-06
BRUGGAIER, Bernhard, Dr→
Resigneddirector · ~65y · appointed 2007-07-06 · resigned 2024-05-01
COUTTS, Alistair Rennie→
Resigneddirector · ~66y · appointed 1998-08-03 · resigned 2001-05-11
COUTTS, Alistair Rennie→
Resigneddirector · ~66y · appointed 1998-01-01 · resigned 1998-07-30
CRAIG, James Douglas→
Resigneddirector · ~77y · appointed 1999-10-13 · resigned 2007-07-06
CURRIE, David Ross→
Resigneddirector · ~64y · appointed 1990-04-30 · resigned 2015-02-27
DONALDSON, Derek→
Resigneddirector · ~50y · appointed 2021-01-04 · resigned 2023-05-24
HENDERSON, Jeremy Neil→
Resigneddirector · ~79y · appointed 1990-04-30 · resigned 1995-02-20
LINTS, Henry John→
Resigneddirector · ~75y · appointed 1999-10-13 · resigned 2006-09-18
LYNCH, Patrick→
Resigneddirector · ~92y · appointed 1999-10-13 · resigned 2001-03-20
MABBOTT, Stephen→
Resignednominee-director · ~76y · appointed 1990-04-30 · resigned 1990-04-30
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
0
Outstanding
0
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Glas Trust Corporation (And Its Successors in Title and Permitted Transferees) Glas Trust Corporation Limited (And Its Successors in Title and Permitted Transferees) | A registered charge | 1 property | 21/03/2024 | 10/12/2024 | |
| satisfied | Glas Trust Corporation (As Security Agent) Glas Trust Corporation Limited (As Security Agent) | A registered charge | — | 21/03/2024 | 10/12/2024 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 24/08/2007 | 15/11/2012 | |
| satisfied | 3I 3I PLC | Floating charge | 1 property | 11/02/1991 | 21/10/1999 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 14/06/1990 | 12/07/2007 |
Recent filings (196 total)
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-12-30
resolution
resolution · RESOLUTIONS
2025-12-23
capital-statement-capital-company-with-date-currency-figure
capital · SH19
2025-12-10
legacy
capital · SH20
2025-12-10
legacy
insolvency · CAP-SS
2025-12-10
resolution
resolution · RESOLUTIONS
2025-12-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-11-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-10-31
change-account-reference-date-company-previous-extended
accounts · AA01
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-01-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-16
termination-secretary-company-with-name-termination-date
officers · TM02
2024-12-10
termination-director-company-with-name-termination-date
officers · TM01
2024-12-10
termination-director-company-with-name-termination-date
officers · TM01
2024-12-10