DEEPTECH DEVELOPMENTS LIMITED

🌳Matureactive

SC154992 · ltd · incorporated 1994-12-19

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£32.6k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 06100

Sector: Mining & quarrying

Investor take

Pursue

Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (3 active, 4 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

68 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £32,567

Net assets shrinking

Down £3,101 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£33k

↓ 8.7% YoY

Current Assets

£30k

↓ 8.8% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-12-31	2023-12-31
Total assets	£32.6k	£35.7k
Current assets	£29.8k	£32.7k
Net assets	£32.6k	£35.7k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-09-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-14
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-05-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-09
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-12-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-08-12
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-10
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-01-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2006-04-01
➕
LOBBAN, Lorraine Grace appointed
director
1994-12-19
🏢
Company incorporated
As DEEPTECH DEVELOPMENTS LIMITED
1994-12-19
➕
LOBBAN, Lorraine Grace appointed
secretary
1994-12-19
➕
LOBBAN, David Stuart appointed
director
1994-12-19
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1994-12-19
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary

Owner dependency

91/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 31 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

clean

No 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 David Stuart Lobban Individual · British · DOB 05/1961 · age 65	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Lorraine Grace Lobban Individual · British · DOB 11/1959 · age 67	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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

Incorporated1994-12-19

Jurisdictionscotland

Primary SIC06100 — SIC 06100

Registered office

150 Broomhill Road

Aberdeen

AB10 6HY

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-12-19

Last: 2025-12-05

Officers (3 active · 1 resigned)

LOBBAN, Lorraine Grace→

secretary · appointed 1994-12-19

View their other companies + combined net worth →

Active

LOBBAN, David Stuart→

director · ~65y · appointed 1994-12-19

View their other companies + combined net worth →

Active

LOBBAN, Lorraine Grace→

director · ~67y · appointed 2006-04-01

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 1994-12-19 · resigned 1994-12-19

Resigned

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