EXAKT PRECISION TOOLS LIMITED

⚰️Wound downdissolved
SC201539 · ltd · incorporated 1999-11-12
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
53/100
Worth a look
🔔
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What this business does
Primary activity: SIC 28240
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 53/100 (worth a look), bankability 50/100. Strong seller-intent signal (78/100, director aged 70). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (38/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 24.0y

40/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 24.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 50/100 (high).

Data confidence

Overall: low (52/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

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
15 officers (2 active, 15 linked, 9 with DOB)
82
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
14 connected companies via shared directors
87
Filing history
190 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
53/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
49
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
  1. 2021-03-01
    ⚠️
    gazette-dissolved-liquidation
    gazette · GAZ2
  2. 2021-03-01
    🏁
    Company dissolved
  3. 2020-12-01
    ⚠️
    liquidation-voluntary-members-return-of-final-meeting-scotland
    insolvency · LIQ13(Scot)
  4. 2015-12-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2015-11-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2015-11-18
    YOUNG, Charles Whiteford resigned
    director
  7. 2015-10-17
    BISHOP, Peter resigned
    director
  8. 2015-05-05
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2015-05-05
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2014-12-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  11. 2014-06-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2013-12-16
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  13. 2013-11-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2013-09-02
    MACDONALDS resigned
    corporate-secretary
  15. 2013-09-02
    📄
    termination-secretary-company-with-name
    officers · TM02
  16. 2013-03-21
    📄
    capital-cancellation-shares
    capital · SH06
  17. 2013-03-21
    📄
    capital-return-purchase-own-shares
    capital · SH03
  18. 2013-03-06
    📄
    resolution
    resolution · RESOLUTIONS
  19. 2013-02-26
    📍
    change-registered-office-address-company-with-date-old-address
    address · AD01
  20. 2012-12-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2012-12-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  22. 2012-12-10
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  23. 2012-07-20
    📄
    capital-cancellation-shares
    capital · SH06
  24. 2012-07-20
    📄
    capital-cancellation-shares
    capital · SH06
  25. 2012-07-20
    📄
    capital-cancellation-shares
    capital · SH06
  26. 2012-07-20
    📄
    capital-cancellation-shares
    capital · SH06
  27. 2012-07-20
    📄
    capital-cancellation-shares
    capital · SH06
  28. 2012-07-20
    📄
    capital-cancellation-shares
    capital · SH06
  29. 2012-07-20
    📄
    capital-cancellation-shares
    capital · SH06
  30. 2009-06-26
    BISHOP, Peter appointed
    director
  31. 2006-10-07
    🔓
    Charge satisfied #2
  32. 2006-06-06
    BISHOP, Peter resigned
    director
  33. 2005-01-05
    YOUNG, Charles Whiteford appointed
    director
  34. 2004-08-01
    BISHOP, Peter appointed
    director
  35. 2004-04-05
    MACDONALDS appointed
    corporate-secretary
  36. 2004-02-02
    BARWELL CONSULTING LTD resigned
    corporate-secretary
  37. 2004-02-02
    MACKIE, Alexander Charles Gordon resigned
    director
  38. 2003-09-16
    BENNIE, Lynne Haig resigned
    secretary
  39. 2003-09-16
    BARWELL CONSULTING LTD appointed
    corporate-secretary
  40. 2003-02-21
    CUMMING, Robert Rutherford resigned
    director
  41. 2002-10-16
    🔒
    Charge registered #2
    Lender: Bibby Factors International Limited
  42. 2002-05-30
    BASCETTA, Emanuele appointed
    director
  43. 2002-04-26
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  44. 2001-06-21
    BENNIE, Lynne Haig appointed
    secretary
  45. 2001-06-21
    REFSON, Neil resigned
    secretary
  46. 2001-06-21
    MACKIE, Alexander Charles Gordon appointed
    director
  47. 2000-10-09
    REFSON, Neil appointed
    secretary
  48. 2000-09-29
    KERNAGHAN, Robert Guy resigned
    secretary
  49. 2000-09-29
    KERNAGHAN, Robert Guy resigned
    director
  50. 2000-03-08
    CUMMING, Robert Rutherford appointed
    director
Showing most recent 50 of 58 events

Owner dependency

83/100
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 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 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 26 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 26 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

2 high ·
Company dissolved
high

Company has been dissolved — it no longer legally exists. Any diligence here is historical only.

Evidence: Dissolved on 2021-03-01

2 insolvency-related filings on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2021-03-01: gazette-dissolved-liquidation; 2020-12-01: liquidation-voluntary-members-return-of-final-meeting-scotland

🔒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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

10 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 →
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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

Statusdissolved
Typeltd
Incorporated1999-11-12
Jurisdictionscotland
Primary SIC28240 — SIC 28240

Registered office

175 West George Street
Glasgow
G2 2LB

Filing status

Accounts
Next due:
Last made up to: 2013-09-30
Confirmation statement
Next due:
Last:

Officers (0 active · 13 resigned)

BASCETTA, Emanuele
director · ~70y · appointed 2002-05-30
View their other companies + combined net worth →
Active
REFSON, Neil
director · ~64y · appointed 2000-02-15
View their other companies + combined net worth →
Active
BENNIE, Lynne Haig
secretary · appointed 2001-06-21 · resigned 2003-09-16
Resigned
KERNAGHAN, Robert Guy
secretary · appointed 2000-03-03 · resigned 2000-09-29
Resigned
REFSON, Neil
secretary · appointed 2000-10-09 · resigned 2001-06-21
Resigned
BARWELL CONSULTING LTD
corporate-secretary · appointed 2003-09-16 · resigned 2004-02-02
Resigned
MACDONALDS
corporate-secretary · appointed 2004-04-05 · resigned 2013-09-02
Resigned
STRONACHS
corporate-nominee-secretary · appointed 1999-11-12 · resigned 2000-03-03
Resigned
BISHOP, Peter
director · ~87y · appointed 2009-06-26 · resigned 2015-10-17
Resigned
BISHOP, Peter
director · ~87y · appointed 2004-08-01 · resigned 2006-06-06
Resigned
CUMMING, Robert Rutherford
director · ~81y · appointed 2000-03-08 · resigned 2003-02-21
Resigned
KERNAGHAN, Robert Guy
director · ~73y · appointed 2000-03-03 · resigned 2000-09-29
Resigned
MACKIE, Alexander Charles Gordon
director · ~80y · appointed 2001-06-21 · resigned 2004-02-02
Resigned
RENNIE, David Alan
director · ~73y · appointed 1999-11-12 · resigned 2000-02-15
Resigned
YOUNG, Charles Whiteford
director · ~73y · appointed 2005-01-05 · resigned 2015-11-18
Resigned

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
TypeProperties
satisfied
Bibby Financial Services
Bibby Factors International Limited
Floating charge1 property16/10/200207/10/2006
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property26/04/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (190 total)

gazette-dissolved-liquidation
gazette · GAZ2
2021-03-01
liquidation-voluntary-members-return-of-final-meeting-scotland
insolvency · LIQ13(Scot)
2020-12-01
termination-director-company-with-name-termination-date
officers · TM01
2015-12-21
termination-director-company-with-name-termination-date
officers · TM01
2015-11-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-05-05
resolution
resolution · RESOLUTIONS
2015-05-05
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-12-01
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-06-10
change-account-reference-date-company-previous-extended
accounts · AA01
2013-12-16
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-11-15
termination-secretary-company-with-name
officers · TM02
2013-09-02
capital-cancellation-shares
capital · SH06
2013-03-21
capital-return-purchase-own-shares
capital · SH03
2013-03-21
resolution
resolution · RESOLUTIONS
2013-03-06
change-registered-office-address-company-with-date-old-address
address · AD01
2013-02-26