DEEP CASING TOOLS LIMITED
🌳Matureactive
SC199420 · ltd · incorporated 1999-09-01
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
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
ALSO REGISTERED FOR
- 72190Other research and experimental development on natural sciences and engineering
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 8 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
12 live charges · 8 lenders · oldest 20.2y
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 20.2 years old — likely at or near maturity.
- · 8 lenders named — inter-creditor friction likely.
- · Legal-friction score 53/100 (high).
Data confidence
Overall: medium (55/100)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
No iXBRL financials extracted
0
Lenders & charges
12 charges (12/12 with lender, 12/12 with type)
90
Directors & officers
29 officers (4 active, 29 linked, 22 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
182 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
4
filings
- • 1 mortgage
- • 1 change-of-constitution
- • 1 incorporation
Last 180 days
5
filings
- • 1 mortgage
- • 1 change-of-constitution
- • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (99 events)Click to expand
- 2026-03-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-13🔒Charge registered #12Lender: Pnc Bank, National Association (As Agent)
- 2026-03-12📄statement-of-companys-objectschange-of-constitution · CC04
- 2026-03-12📄memorandum-articlesincorporation · MA
- 2026-03-12📄resolutionresolution · RESOLUTIONS
- 2026-01-20📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2026-01-08➕BURNESS PAULL LLP appointedcorporate-secretary
- 2025-10-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-07➕DOMINO JR., Michael Wayne appointeddirector
- 2025-10-07➕JOHNSON, David, Mr. appointeddirector
- 2025-10-07➕PREJEAN, Robert Wayne, Mr. appointeddirector
- 2025-10-07➖STEPHENSON, David resigneddirector
- 2025-10-07➖DRILLING TOOLS INTERNATIONAL HOLDINGS, INC. resignedcorporate-director
- 2025-07-08📄accounts-with-accounts-type-fullaccounts · AA
- 2024-12-31📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-17🔒Charge registered #11Lender: Pnc Bank, National Association (As Agent)
- 2024-12-17🔒Charge registered #10Lender: Pnc Bank, National Association (As Agent)
- 2024-11-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-11📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2024-08-01➖JOHNSON, David resigneddirector
- 2024-08-01➖PREJEAN, R. Wayne resigneddirector
- 2024-08-01➕DRILLING TOOLS INTERNATIONAL HOLDINGS, INC. appointedcorporate-director
- 2024-06-03📄accounts-with-accounts-type-smallaccounts · AA
- 2024-05-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2024-03-28📄memorandum-articlesincorporation · MA
- 2024-03-28📄resolutionresolution · RESOLUTIONS
- 2024-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-22🔓Charge satisfied #9
- 2024-03-22🔓Charge satisfied #8
- 2024-03-22🔓Charge satisfied #7
- 2024-03-22🔓Charge satisfied #6
- 2024-03-22🔓Charge satisfied #5
- 2024-03-22🔓Charge satisfied #3
- 2024-03-15➖HERRERA, Gregory John resigneddirector
- 2024-03-15➕JOHNSON, David appointeddirector
- 2024-03-15➖KENT, Stephen resigneddirector
- 2024-03-15➕PREJEAN, R. Wayne appointeddirector
- 2024-03-15➕STEPHENSON, David appointeddirector
- 2022-12-01🔒Charge registered #9Lender: Industrial Finance Leasing LTD
- 2022-12-01🔒Charge registered #8Lender: Industrial Finance & Leasing LTD (The "Security Agent")
- 2020-10-27🔒Charge registered #7Lender: Energy Ventures Iii L.P. (Acting by Its General Partner, Energy Ventures Iii (Gp) L.P., Acting in Turn by Its General Partner, Energy Ventures Iii (Gp) Limited) (the "Security Trustee").
- 2019-03-28🔒Charge registered #6Lender: Energy Ventures Iii L.P. (Registered in Guernsey, Number 901) (as Security Trustee)
Showing most recent 50 of 99 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
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: STEPHENSON, David resigned 2025-10-07; DRILLING TOOLS INTERNATIONAL HOLDINGS, INC. resigned 2025-10-07
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Casing Technologies Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Casing Technologies Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
DEEP CASING TOOLS LIMITED
This company · SC199420
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 |
|---|---|---|---|---|
Casing Technologies Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 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
9 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
Incorporated1999-09-01
Jurisdictionscotland
Primary SIC09100 — SIC 09100
Registered office
Unit 4 & 5 Enterprise Drive
Westhill Industrial Estate
Westhill
AB32 6TQ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-01
Last: 2025-08-18
Officers (4 active · 25 resigned)
BURNESS PAULL LLP→
Activecorporate-secretary · appointed 2026-01-08
View their other companies + combined net worth →
DOMINO JR., Michael Wayne→
Activedirector · ~52y · appointed 2025-10-07
View their other companies + combined net worth →
JOHNSON, David, Mr.→
Activedirector · ~62y · appointed 2025-10-07
View their other companies + combined net worth →
PREJEAN, Robert Wayne, Mr.→
Activedirector · ~65y · appointed 2025-10-07
View their other companies + combined net worth →
HERRERA, Vanessa Anne→
Resignedsecretary · appointed 2000-08-11 · resigned 2006-02-09
QUINN, Helena Findlay→
Resignedsecretary · appointed 2013-02-01 · resigned 2014-06-30
IAIN SMITH & COMPANY→
Resignedcorporate-nominee-secretary · appointed 1999-09-01 · resigned 2000-08-11
IAIN SMITH AND COMPANY→
Resignedcorporate-secretary · appointed 2006-02-09 · resigned 2007-11-16
MACLAY MURRAY & SPENS LLP→
Resignedcorporate-secretary · appointed 2007-11-16 · resigned 2012-12-07
COWIE, Simon Henry Dyer→
Resigneddirector · ~53y · appointed 2006-12-15 · resigned 2012-02-10
CROSS, Nicholas John→
Resigneddirector · ~79y · appointed 2008-01-31 · resigned 2008-01-31
DAVIS, Lance Stephen→
Resigneddirector · ~75y · appointed 2008-03-27 · resigned 2018-02-02
FINLAY, Michael Fraser→
Resigneddirector · ~68y · appointed 2008-04-01 · resigned 2009-06-07
HASTINGS, Gillian Elizabeth→
Resigneddirector · ~62y · appointed 2015-07-20 · resigned 2017-10-06
HERRERA, Derek Frederick→
Resigneddirector · ~88y · appointed 2000-01-17 · resigned 2008-03-27
HERRERA, Gregory John→
Resigneddirector · ~57y · appointed 2017-09-14 · resigned 2024-03-15
HERRERA, Vanessa Anne→
Resigneddirector · ~89y · appointed 2006-09-06 · resigned 2008-03-27
JOHNSON, David→
Resigneddirector · ~62y · appointed 2024-03-15 · resigned 2024-08-01
JONES, Anne-Marie→
Resigneddirector · ~63y · appointed 2006-09-06 · resigned 2008-03-27
KENT, Stephen→
Resigneddirector · ~60y · appointed 2017-10-30 · resigned 2024-03-15
Click a director name to see their full track record across all companies.
Mortgages & charges
12
Total charges
3
Outstanding
1
Active lenders
Status:Lender:12 of 12 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Pnc Bank, National Association (As Agent) | A registered charge | 1 property | 13/03/2026 | — | |
| outstanding | Pnc Bank, National Association (As Agent) | A registered charge | 1 property | 17/12/2024 | — | |
| outstanding | Pnc Bank, National Association (As Agent) | A registered charge | 1 property | 17/12/2024 | — | |
| satisfied | Industrial Finance Leasing Industrial Finance Leasing LTD | A registered charge | — | 01/12/2022 | 22/03/2024 | |
| satisfied | Industrial Finance & Leasing (The "Security Agent") Industrial Finance & Leasing LTD (The "Security Agent") | A registered charge | 1 property | 01/12/2022 | 22/03/2024 | |
| satisfied | Energy Ventures Iii L.P. (Acting by Its General Partner, Energy Ventures Iii (Gp) L.P., Acting in Turn by Its General Partner, Energy Ventures Iii (Gp) ) (the "Security Trustee"). Energy Ventures Iii L.P. (Acting by Its General Partner, Energy Ventures Iii (Gp) L.P., Acting in Turn by Its General Partner, Energy Ventures Iii (Gp) Limited) (the "Security Trustee"). | A registered charge | 1 property | 27/10/2020 | 22/03/2024 | |
| satisfied | Energy Ventures Iii L.P. (Registered in Guernsey, Number 901) (as Security Trustee) | A registered charge | 1 property | 28/03/2019 | 22/03/2024 | |
| satisfied | Energy Ventures Iii L.P. (Registered in Guernsey, Number 901) (as Security Trustee) | A registered charge | — | 31/10/2017 | 22/03/2024 | |
| satisfied | Scottish Equity Partners Scottish Equity Partners LLP | A registered charge | — | 20/07/2015 | 07/11/2017 | |
| satisfied | Maven Capital Partners UK Maven Capital Partners UK LLP | Bond & floating charge | 1 property | 05/04/2013 | 22/03/2024 | |
| satisfied | Scottish Equity Partners Scottish Equity Partners LLP | Floating charge | 1 property | 29/05/2012 | 07/11/2017 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 02/02/2006 | 21/04/2012 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (182 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-23
statement-of-companys-objects
change-of-constitution · CC04
2026-03-12
memorandum-articles
incorporation · MA
2026-03-12
resolution
resolution · RESOLUTIONS
2026-03-12
appoint-corporate-secretary-company-with-name-date
officers · AP04
2026-01-20
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
termination-director-company-with-name-termination-date
officers · TM01
2025-10-09
termination-director-company-with-name-termination-date
officers · TM01
2025-10-09
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-19
accounts-with-accounts-type-full
accounts · AA
2025-07-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-20
termination-director-company-with-name-termination-date
officers · TM01
2024-11-22