TAYSIDE DIESEL ENGINEERING LIMITED

🌳Matureactive
SC140399 · ltd · incorporated 1992-09-25
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 33.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2026
Net worth
—
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 33150
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 87-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 87). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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

4 live charges · 2 lenders · oldest 33.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 33.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (71/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
11 officers (3 active, 11 linked, 8 with DOB)
85
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
1 connected companies via shared directors
48
Filing history
121 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
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jan 2025Jan 2026

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2026-01-312025-01-31
Average employees121100

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 (41 events)Click to expand
  1. 2026-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-31
    ➖
    MATHERS, Alan John, Mr. resigned
    director
  5. 2023-05-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2023-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-09-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2022-07-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2021-09-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-06-13
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2019-06-12
    ➖
    DOCHERTY, Joan resigned
    secretary
  15. 2018-09-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2018-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-05-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2009-12-11
    ➕
    MATHERS, Eric James appointed
    director
  19. 2009-12-11
    ➕
    MATHERS, Alan John, Mr. appointed
    director
  20. 2007-12-06
    ➕
    DOCHERTY, Joan appointed
    secretary
  21. 2007-12-06
    ➖
    PETERKINS, SOLICITORS resigned
    corporate-nominee-secretary
  22. 2005-08-31
    ➖
    MATHERS, Eric James resigned
    director
  23. 2004-12-31
    ➖
    MATHERS, James Alan Grant resigned
    director
  24. 2004-12-30
    ➕
    KYDD, Eric Alexander appointed
    director
  25. 2004-12-30
    ➕
    MATHERS, Eric James appointed
    director
  26. 2003-02-27
    🔓
    Charge satisfied #2
  27. 2003-01-24
    🔓
    Charge satisfied #1
  28. 2003-01-23
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  29. 2002-09-24
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  30. 2000-10-01
    ➕
    MATHERS, Katherine Anne appointed
    director
  31. 1995-11-20
    ➖
    BRODIE, George resigned
    director
  32. 1993-03-03
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  33. 1993-02-04
    ➕
    BRODIE, George appointed
    director
  34. 1993-02-04
    ➖
    RENNIE, Thomas George resigned
    nominee-director
  35. 1993-02-04
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  36. 1993-02-03
    ➖
    HUNTER, Neil Cameron resigned
    nominee-director
  37. 1993-02-03
    ➕
    MATHERS, James Alan Grant appointed
    director
  38. 1992-09-25
    🏢
    Company incorporated
    As TAYSIDE DIESEL ENGINEERING LIMITED
  39. 1992-09-25
    ➕
    PETERKINS, SOLICITORS appointed
    corporate-nominee-secretary
  40. 1992-09-25
    ➕
    HUNTER, Neil Cameron appointed
    nominee-director
  41. 1992-09-25
    ➕
    RENNIE, Thomas George appointed
    nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 87 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 87 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

🔒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
Incorporated1992-09-25
Jurisdictionscotland
Primary SIC33150 — SIC 33150

Registered office

Findlays
11 Dudhope Terrace
Dundee
DD3 6TS
Scotland

Filing status

Accounts
Next due: 2027-10-31
Last made up to: 2026-01-31
Confirmation statement
Next due: 2026-10-09
Last: 2025-09-25

Officers (3 active · 8 resigned)

KYDD, Eric Alexander→
director · ~57y · appointed 2004-12-30
View their other companies + combined net worth →
Active
MATHERS, Eric James→
director · ~59y · appointed 2009-12-11
View their other companies + combined net worth →
Active
MATHERS, Katherine Anne→
director · ~87y · appointed 2000-10-01
View their other companies + combined net worth →
Active
DOCHERTY, Joan→
secretary · appointed 2007-12-06 · resigned 2019-06-12
Resigned
PETERKINS, SOLICITORS→
corporate-nominee-secretary · appointed 1992-09-25 · resigned 2007-12-06
Resigned
BRODIE, George→
director · ~85y · appointed 1993-02-04 · resigned 1995-11-20
Resigned
HUNTER, Neil Cameron→
nominee-director · appointed 1992-09-25 · resigned 1993-02-03
Resigned
MATHERS, Alan John, Mr.→
director · ~55y · appointed 2009-12-11 · resigned 2023-05-31
Resigned
MATHERS, Eric James→
director · ~59y · appointed 2004-12-30 · resigned 2005-08-31
Resigned
MATHERS, James Alan Grant→
director · ~85y · appointed 1993-02-03 · resigned 2004-12-31
Resigned
RENNIE, Thomas George→
nominee-director · ~79y · appointed 1992-09-25 · resigned 1993-02-04
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/01/2003—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property24/09/2002—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property03/03/199327/02/2003
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property04/02/199324/01/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (121 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-22
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
termination-director-company-with-name-termination-date
officers · TM01
2023-05-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-23
change-person-director-company-with-change-date
officers · CH01
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-27
change-person-director-company-with-change-date
officers · CH01
2021-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-07
confirmation-statement-with-updates
confirmation-statement · CS01
2020-10-20