PORTEQUIP LIMITED
🌳Matureactive
SC156559 · ltd · incorporated 1995-03-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 29.0y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
PursueActive trading company with a 80-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 80). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 29.0y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 29.0 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 | 2800 | 2700 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
3 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
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-09-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-05-27📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-05-27📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-07-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-10📄change-person-director-company-with-change-dateofficers · CH01
- 2020-03-01➖CURRIE (DECEASED), Martha Isobel resigneddirector
- 2019-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-03-13📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-03-12📄change-person-director-company-with-change-dateofficers · CH01
- 2019-03-12📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-10-19🔓Charge satisfied #2
- 2005-09-05🔓Charge satisfied #1
- 2004-08-23🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1997-04-24🔒Charge registered #1Lender: The Governor & Company of the Bank of Ireland
- 1995-06-01➕CURRIE, Samuel David appointedsecretary
- 1995-03-13🏢Company incorporatedAs PORTEQUIP LIMITED
- 1995-03-13➕CURRIE, Philip David Graham appointeddirector
- 1995-03-13➕CURRIE, Samuel David appointeddirector
- 1995-03-13➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1995-03-13➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1995-03-13➕CURRIE (DECEASED), Martha Isobel appointeddirector
- 1995-03-13➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
- 1995-03-13➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
Owner dependency
91/100
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.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 80 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
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 80 years old. Natural succession window is now.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Philip David Graham Currie Individual · British · DOB 07/1971 · age 55 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 30/06/2016 |
1 historic (ceased) PSC
- Mr Samuel David Currieceased 09/05/2025· 50-75% shares · 50-75% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| GREEN BRIDGE FUEL UK LTD→ SC772553 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| HIGHLAND SHEDS LTD→ SC835556 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| J&R MANUFACTURING LTD→ SC806996 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| JAMES SMITH FENCING LIMITED→ SC486484 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| KERR TIMBER PRODUCTS LIMITED→ SC055579 · est 1974 · no financials extracted | — | — | — | — | 51y | — | — |
| NDTEK ACCESS LTD→ SC850958 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PADDLETECH LIMITED→ SC540606 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| PENKILN SAWMILL COMPANY LIMITED→ SC090886 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
| PLEACAIRN OFFSHORE LIMITED→ SC688038 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| POLYMER EXTRUSION TECHNOLOGIES (UK) LIMITED→ SC486964 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| PTS (SCOTLAND) LIMITED→ SC266414 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| R & A FABRICATION & ENGINEERING LIMITED→ SC306809 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
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
Incorporated1995-03-13
Jurisdictionscotland
Primary SIC25620 — Machining
Registered office
Penninghame Home Farm
Newton Stewart
Wigtownshire
DG8 6RD
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08
Officers (3 active · 3 resigned)
CURRIE, Samuel David→
Activesecretary · appointed 1995-06-01
View their other companies + combined net worth →
CURRIE, Philip David Graham→
Activedirector · ~55y · appointed 1995-03-13
View their other companies + combined net worth →
CURRIE, Samuel David→
Activedirector · ~80y · appointed 1995-03-13
View their other companies + combined net worth →
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1995-03-13 · resigned 1995-03-13
CURRIE (DECEASED), Martha Isobel→
Resigneddirector · ~79y · appointed 1995-03-13 · resigned 2020-03-01
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1995-03-13 · resigned 1995-03-13
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 23/08/2004 | 19/10/2011 | |
| satisfied | The Governor & Company of the Bank of Ireland | Bond & floating charge | 1 property | 24/04/1997 | 05/09/2005 |
Recent filings (88 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-24