OILTUBE LIMITED
💤Zombieactive
SC159600 · ltd · incorporated 1995-08-08
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
73/100
Strong
What this business does
Primary activity: Wholesale of other machinery and equipment
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 73/100 (strong), bankability 75/100. 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
2 live charges · 2 lenders · oldest 30.6y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 30.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 8 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
97 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
4
filings
- • 4 officers
Counts from Companies House filing history.
Corporate timeline (42 events)Click to expand
- 2025-11-06📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2025-11-05➕FOLEY, Julian John appointedsecretary
- 2025-11-05➕FOLEY, Julian John appointeddirector
- 2025-11-05➖PARKER, Charles David resignedsecretary
- 2025-11-05➖PARKER, Charles David resigneddirector
- 2025-11-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-11-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-11-05📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-09-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-04-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-10-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-09-27📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-05-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-01-05📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-08-17📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2019-09-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-09-03📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-08-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-05-08➖MELDRUM, Brian James resigneddirector
- 2017-05-08➕PARKER, Charles David appointeddirector
- 2017-05-08📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-05-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2005-03-08➖MELDRUM, Michael Iain resigneddirector
- 2002-11-15➖CLARK, Colin Reid resigneddirector
- 2000-06-01➕CLARK, Colin Reid appointeddirector
- 1999-06-16🔓Charge satisfied #1
- 1999-04-30➖TURNER, Steve resigneddirector
- 1998-06-01➖MELDRUM, Brian James resignedsecretary
- 1998-06-01➕PARKER, Charles David appointedsecretary
- 1997-12-10➖GEDDIE, James William resigneddirector
- 1997-08-15➕TURNER, Steve appointeddirector
- 1996-10-04🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1995-09-04➕MELDRUM, Brian James appointedsecretary
- 1995-09-04➖MIDDLETON, Sandra Elizabeth resignednominee-secretary
- 1995-09-04➕GEDDIE, James William appointeddirector
- 1995-09-04➕MELDRUM, Brian James appointeddirector
- 1995-09-01🔒Charge registered #1Lender: John Lawrie (Aberdeen) Limited
- 1995-08-30➖MCNIVEN, Alan Ross resigneddirector
- 1995-08-30➕MELDRUM, Michael Iain appointeddirector
- 1995-08-08🏢Company incorporatedAs OILTUBE LIMITED
- 1995-08-08➕MIDDLETON, Sandra Elizabeth appointednominee-secretary
- 1995-08-08➕MCNIVEN, Alan Ross appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: PARKER, Charles David resigned 2025-11-05; PARKER, Charles David resigned 2025-11-05
Group structure
John Lawrie Metals Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
John Lawrie Metals Limited
Corporate parent · holds 75-100% shares
⬇
OILTUBE LIMITED
This company · SC159600
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 |
|---|---|---|---|---|
John Lawrie Metals Limited Corporate entity | 75–100% | — | 75-100% shares | 31/07/2016 |
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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|---|---|---|---|---|---|---|---|
| AOSS LIMITED→ SC555542 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| FERGUSON LOGISTICS MANAGEMENT LIMITED→ SC582777 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| FIDELIS SCOTLAND LIMITED→ SC375372 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| FIFTEEN93 LIMITED→ SC778197 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| FORKS CORKS LTD→ SC864660 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| G & J JACK SEAFOODS LIMITED→ SC111952 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| GAULD'S FRUIT & VEG LTD.→ SC236213 · est 2002 · no financials extracted | — | — | — | — | 23y | — | — |
| GEORGE DONALD (WAREHOUSEMAN) LIMITED→ SC031200 · est 1955 · no financials extracted | — | — | — | — | 70y | — | — |
| GOLF WORLD CORPORATE LTD.→ SC404149 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| GORROD, DAVIE, KEMP, WALKER & COMPANY, LIMITED→ SC008997 · est 1914 · no financials extracted | — | — | — | — | 112y | — | — |
| GRANITE CITY WHISKEYS LTD→ SC661099 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| GROSVENOR(GB) LTD→ SC522441 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
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
Incorporated1995-08-08
Jurisdictionscotland
Primary SIC46690 — Wholesale of other machinery and equipment
Registered office
C/O John Lawrie Group Greenbank Road
East Tullos Industrial Estate
Aberdeen
AB12 3BQ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-14
Last: 2025-07-31
Officers (2 active · 10 resigned)
FOLEY, Julian John→
Activesecretary · appointed 2025-11-05
View their other companies + combined net worth →
FOLEY, Julian John→
Activedirector · ~55y · appointed 2025-11-05
View their other companies + combined net worth →
MELDRUM, Brian James→
Resignedsecretary · appointed 1995-09-04 · resigned 1998-06-01
MIDDLETON, Sandra Elizabeth→
Resignednominee-secretary · appointed 1995-08-08 · resigned 1995-09-04
PARKER, Charles David→
Resignedsecretary · appointed 1998-06-01 · resigned 2025-11-05
CLARK, Colin Reid→
Resigneddirector · ~72y · appointed 2000-06-01 · resigned 2002-11-15
GEDDIE, James William→
Resigneddirector · ~63y · appointed 1995-09-04 · resigned 1997-12-10
MCNIVEN, Alan Ross→
Resigneddirector · ~76y · appointed 1995-08-08 · resigned 1995-08-30
MELDRUM, Brian James→
Resigneddirector · ~77y · appointed 1995-09-04 · resigned 2017-05-08
MELDRUM, Michael Iain→
Resigneddirector · ~72y · appointed 1995-08-30 · resigned 2005-03-08
PARKER, Charles David→
Resigneddirector · ~58y · appointed 2017-05-08 · resigned 2025-11-05
TURNER, Steve→
Resigneddirector · ~74y · appointed 1997-08-15 · resigned 1999-04-30
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 04/10/1996 | — | |
| satisfied | John Lawrie (Aberdeen) John Lawrie (Aberdeen) Limited | Floating charge | 1 property | 01/09/1995 | 16/06/1999 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (97 total)
appoint-person-secretary-company-with-name-date
officers · AP03
2025-11-06
appoint-person-director-company-with-name-date
officers · AP01
2025-11-05
termination-director-company-with-name-termination-date
officers · TM01
2025-11-05
termination-secretary-company-with-name-termination-date
officers · TM02
2025-11-05
accounts-with-accounts-type-dormant
accounts · AA
2025-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-05
accounts-with-accounts-type-dormant
accounts · AA
2024-04-18
accounts-with-accounts-type-dormant
accounts · AA
2023-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-11
accounts-with-accounts-type-dormant
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-03
accounts-with-accounts-type-dormant
accounts · AA
2021-05-17
accounts-with-accounts-type-dormant
accounts · AA
2021-01-05