M & S ENGINEERING LIMITED
Opportunity 77/100 (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: 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 (58/100).
Refinance opportunity
1 live charge · oldest 34.0y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 34.0 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.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-02-28 | 2024-02-28 |
|---|---|---|
| Average employees | 39 | 3800 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (41 events)Click to expand
- 2025-11-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-25📄capital-return-purchase-own-sharescapital · SH03
- 2025-01-30📄capital-cancellation-sharescapital · SH06
- 2025-01-24📄resolutionresolution · RESOLUTIONS
- 2025-01-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-22➖MONK, Paul resigneddirector
- 2025-01-22📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-01-22📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-10-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-01-29📄change-person-director-company-with-change-dateofficers · CH01
- 2020-01-29📄change-person-director-company-with-change-dateofficers · CH01
- 2019-05-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-27📄capital-return-purchase-own-sharescapital · SH03
- 2018-08-20➖MONK, Susan resignedsecretary
- 2018-08-20➖MONK, Colin resigneddirector
- 2018-08-20➖MONK, Susan resigneddirector
- 2008-02-22➕MONK, Stephen appointeddirector
- 2008-02-22➕MONK, Colin appointeddirector
- 2008-02-22➖MONK, David resigneddirector
- 2008-02-22➕MONK, Paul appointeddirector
- 1995-07-14➕MONK, Susan appointedsecretary
- 1995-07-14➖STEWART, Alison June resignedsecretary
- 1995-07-14➕MONK, Susan appointeddirector
- 1995-07-14➖STEWART, Alison June resigneddirector
- 1993-04-26➕STEWART, Alison June appointeddirector
- 1993-04-21➖STEWART, Alan Murdoch resignedsecretary
- 1993-04-21➖STEWART, Alan Murdoch resigneddirector
- 1992-04-14🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1992-02-12🏢Company incorporatedAs M & S ENGINEERING LIMITED
- 1992-02-12➕HARRISON, Irene Lesley appointednominee-secretary
- 1992-02-12➖HARRISON, Irene Lesley resignednominee-secretary
- 1992-02-12➕STEWART, Alan Murdoch appointedsecretary
- 1992-02-12➕MONK, David appointeddirector
- 1992-02-12➕STEWART, Alan Murdoch appointeddirector
- 1992-02-12➕BUSINESS INFORMATION RESEARCH & REPORTING LIMITED appointedcorporate-nominee-director
- 1992-02-12➖BUSINESS INFORMATION RESEARCH & REPORTING LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 34 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Stephen Monk Individual · British · DOB 12/1977 · age 49 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 20/08/2018 |
2 historic (ceased) PSCs
- Mr Paul Monkceased 22/01/2025· 25-50% shares · 25-50% voting
- Susan Monkceased 20/08/2018· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 11 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 14/04/1992 | — |