SAPPI ROCKWELL SOLUTIONS LIMITED
🌳Matureactive
SC177774 · ltd · incorporated 1997-08-06
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
69/100
Strong
What this business does
Primary activity: SIC 22220
Sector: Manufacturing
ALSO REGISTERED FOR
- 32990Other manufacturing n.e.c.
Investor take
PursueConservative operator. Reasonable fundamentals — worth a memo before deciding.
Opportunity 69/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (70/100).
🏦
Refinance opportunity
11 live charges · 7 lenders · oldest 28.7y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 28.7 years old — likely at or near maturity.
- · 7 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
18 officers (2 active, 18 linked, 12 with DOB)
83
Ownership & PSC
0 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
144 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £264,920
Turned profitable
Returned to profit this year
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 · FRS 102| Metric | 2025-09-30 | 2024-09-30 |
|---|---|---|
| Profit before tax | £264.9k | £-1.40M |
| Average employees | 71 | 6900 |
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
1
filing
- • 1 mortgage
Last 90 days
2
filings
- • 1 mortgage
- • 1 accounts
Last 180 days
4
filings
- • 1 mortgage
- • 1 accounts
- • 1 address
Counts from Companies House filing history.
Corporate timeline (74 events)Click to expand
- 2026-04-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-04-29🔓Charge satisfied #7
- 2026-02-23📄accounts-with-accounts-type-fullaccounts · AA
- 2026-01-15📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-12-17📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-12-16➖BURNESS PAULL LLP resignedcorporate-secretary
- 2025-06-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-06-01➕BURSAC, Misa appointeddirector
- 2025-06-01➖WURDINGER, Steffen resigneddirector
- 2025-01-24📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-10📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-01-10🔓Charge satisfied #8
- 2024-04-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-03-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-06-21📄accounts-with-accounts-type-fullaccounts · AA
- 2021-05-28📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-05-28📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2021-05-21➖KRATOCHWILL, Thomas Adalbert resigneddirector
- 2020-12-15📄accounts-with-accounts-type-fullaccounts · AA
- 2020-11-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2020-11-24🔓Charge satisfied #11
- 2020-11-24🔓Charge satisfied #10
- 2020-03-03📄accounts-with-accounts-type-fullaccounts · AA
- 2019-06-26🔓Charge satisfied #9
- 2017-07-03➕BLYTH, Stephen John appointeddirector
- 2017-07-03➕BURNESS PAULL LLP appointedcorporate-secretary
- 2017-07-03➕KRATOCHWILL, Thomas Adalbert appointeddirector
- 2017-07-03➖OKHAI, Abdul Aziz resigneddirector
- 2017-07-03➖OKHAI, Arshad resigneddirector
- 2017-07-03➖OKHAI, Razia resigneddirector
- 2017-07-03➕WURDINGER, Steffen appointeddirector
- 2016-09-01➖OKHAI, Zain resignedsecretary
- 2016-09-01➖OKHAI, Zain resigneddirector
- 2016-08-01➕OKHAI, Arshad appointeddirector
- 2013-09-20🔓Charge satisfied #5
- 2013-09-20🔓Charge satisfied #4
- 2013-07-24🔒Charge registered #11Lender: Hsbc Asset Finance (UK) LTD
- 2013-07-24🔒Charge registered #10Lender: Hsbc Equipment Finance (UK) LTD
- 2013-06-30➖USHER, Brian resigneddirector
- 2012-10-08🔓Charge satisfied #6
- 2012-04-14🔓Charge satisfied #3
- 2011-11-30🔒Charge registered #9Lender: Hsbc Invoice Finance (UK) LTD
- 2011-11-01🔒Charge registered #8Lender: Hsbc Bank PLC
- 2011-09-29🔒Charge registered #7Lender: Hsbc Bank PLC
- 2011-08-01➕USHER, Brian appointeddirector
- 2010-04-10➕OKHAI, Razia appointeddirector
- 2010-03-23🔒Charge registered #6Lender: Rbs Invoice Finance Limited
- 2004-06-17🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
Showing most recent 50 of 74 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: BURNESS PAULL LLP resigned 2025-12-16; WURDINGER, Steffen resigned 2025-06-01
Charge satisfaction-then-recreation pattern
mediumMultiple 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 →Similar companies
Active · Manufacturing · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| GRAY & ADAMS LIMITED→ SC047482 · est 1970 | £75.13M £58.44M–£91.83M | — | — | 502 | 56y | 87 | 71y |
| GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002 | £53.82M £41.86M–£65.78M | — | — | 0 | 24y | 85 | 71y |
| GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983 | £17.07M £13.28M–£20.87M | — | — | 106 | 43y | 85 | 71y |
| GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990 | £16.62M £12.93M–£20.32M | — | — | 101 | 35y | 87 | 71y |
| INTERWELL LIMITED→ SC391140 · est 2011 | £10.98M £8.54M–£13.42M | £33.44M | — | 7800 | 15y | 91 | 60y |
| EBLAST LIMITED→ SC202165 · est 1999 | £8.03M £6.24M–£9.81M | £11.11M | — | 7400 | 26y | 88 | 57y |
| ROTECH SUBSEA LIMITED→ SC451221 · est 2013 | £6.41M £4.99M–£7.83M | £17.20M | — | 4800 | 12y | 84 | 58y |
| DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987 | £6.22M £4.84M–£7.60M | £21.87M | — | 11000 | 38y | 93 | 70y |
| SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003 | £6.15M £4.78M–£7.51M | £1.45M | — | 1500 | 22y | 94 | 60y |
| IMENCO UK LIMITED→ SC372021 · est 2010 | £5.97M £4.64M–£7.29M | £17.33M | — | 11500 | 16y | 95 | 71y |
| VECTOR SUPPLIES LIMITED→ SC103810 · est 1987 | £1.63M £1.27M–£1.99M | — | — | 16 | 39y | 85 | 71y |
| EXCEED TORRIDON LIMITED→ SC508840 · est 2015 | — | — | — | 54 | 10y | 84 | 65y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated1997-08-06
Jurisdictionscotland
Primary SIC22220 — SIC 22220
Registered office
13 Queen's Road
Aberdeen
AB15 4YL
United Kingdom
Filing status
Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-08-25
Last: 2025-08-11
Officers (2 active · 16 resigned)
BLYTH, Stephen John→
Activedirector · ~52y · appointed 2017-07-03
View their other companies + combined net worth →
BURSAC, Misa→
Activedirector · ~47y · appointed 2025-06-01
View their other companies + combined net worth →
OKHAI, Ibrahim Hassam→
Resignedsecretary · appointed 2000-06-30 · resigned 2003-11-19
OKHAI, Mahomed Bashir Hassam→
Resignedsecretary · appointed 1997-08-28 · resigned 2000-06-30
OKHAI, Zain→
Resignedsecretary · appointed 2003-11-19 · resigned 2016-09-01
BURNESS PAULL LLP→
Resignedcorporate-secretary · appointed 2017-07-03 · resigned 2025-12-16
DM COMPANY SERVICES LIMITED→
Resignedcorporate-nominee-secretary · appointed 1997-08-06 · resigned 1997-08-28
BRUCE, Roderick Lawrence→
Resignednominee-director · ~78y · appointed 1997-08-06 · resigned 1997-08-28
KRATOCHWILL, Thomas Adalbert→
Resigneddirector · ~57y · appointed 2017-07-03 · resigned 2021-05-21
MINTO, Bruce Watson→
Resignednominee-director · appointed 1997-08-06 · resigned 1997-08-28
OKHAI, Abdul Aziz→
Resigneddirector · ~83y · appointed 1997-08-28 · resigned 2017-07-03
OKHAI, Arshad→
Resigneddirector · ~62y · appointed 2016-08-01 · resigned 2017-07-03
OKHAI, Ibrahim Hassam→
Resigneddirector · ~86y · appointed 1997-08-28 · resigned 2003-11-19
OKHAI, Mahomed Bashir Hassam→
Resigneddirector · ~71y · appointed 1997-08-28 · resigned 1998-07-01
OKHAI, Razia→
Resigneddirector · ~82y · appointed 2010-04-10 · resigned 2017-07-03
OKHAI, Zain→
Resigneddirector · ~58y · appointed 2000-01-17 · resigned 2016-09-01
USHER, Brian→
Resigneddirector · ~67y · appointed 2011-08-01 · resigned 2013-06-30
WURDINGER, Steffen→
Resigneddirector · ~66y · appointed 2017-07-03 · resigned 2025-06-01
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
0
Outstanding
0
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | HSBC Hsbc Asset Finance (UK) LTD | A registered charge | 1 property | 24/07/2013 | 24/11/2020 | |
| satisfied | HSBC Hsbc Equipment Finance (UK) LTD | A registered charge | 1 property | 24/07/2013 | 24/11/2020 | |
| satisfied | HSBC Hsbc Invoice Finance (UK) LTD | Floating charge | 1 property | 30/11/2011 | 26/06/2019 | |
| satisfied | HSBC Hsbc Bank PLC | Standard security | 1 property | 01/11/2011 | 10/01/2025 | |
| satisfied | HSBC Hsbc Bank PLC | Floating charge | 1 property | 29/09/2011 | 29/04/2026 | |
| satisfied | NatWest Group Rbs Invoice Finance Limited | Floating charge | 1 property | 23/03/2010 | 08/10/2012 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 17/06/2004 | 20/09/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 27/08/2003 | 20/09/2013 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 02/12/2002 | 14/04/2012 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 13/11/1997 | 09/06/2004 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 12/09/1997 | 09/06/2004 |
Recent filings (144 total)
mortgage-satisfy-charge-full
mortgage · MR04
2026-04-29
accounts-with-accounts-type-full
accounts · AA
2026-02-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-15
termination-secretary-company-with-name-termination-date
officers · TM02
2025-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
appoint-person-director-company-with-name-date
officers · AP01
2025-06-04
termination-director-company-with-name-termination-date
officers · TM01
2025-06-04
accounts-with-accounts-type-full
accounts · AA
2025-01-24
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-10
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-full
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-26
accounts-with-accounts-type-full
accounts · AA
2023-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-27