AXYZ ENGINEERING LIMITED
💤Zombieactive
SC222810 · ltd · incorporated 2001-09-03
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
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · oldest 24.5y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 24.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (78/100)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
5 officers (1 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
65 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 · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Average employees | 400 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-06-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-06-15📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-06-15📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-06-01➖DUDGEON, Graham Campbell resignedsecretary
- 2022-06-01➖DUDGEON, Graham Campbell resigneddirector
- 2021-08-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-07-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-25📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2004-06-04🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2001-10-24🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2001-09-03🏢Company incorporatedAs AXYZ ENGINEERING LIMITED
- 2001-09-03➕MATHIESON, Gordon Joseph appointeddirector
- 2001-09-03➕DUDGEON, Graham Campbell appointedsecretary
- 2001-09-03➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2001-09-03➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 2001-09-03➕DUDGEON, Graham Campbell appointeddirector
- 2001-09-03➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
- 2001-09-03➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
95/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 25 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Gordon Joseph Mathieson Individual · British · DOB 12/1961 · age 65 | 25–50% | — | 25-50% shares | 03/09/2016 |
1 historic (ceased) PSC
- Mr Graham Campbell Dudgeonceased 01/06/2022· 25-50% shares
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
Active · Manufacturing · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A SCOTT STAIRS & JOINERY LIMITED→ SC629665 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| AK FRAMES LTD→ SC617144 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ALCHEMIA STUDIO LIMITED→ SC301401 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| ALSI SUBSEA OPERATIONS LTD→ SC635568 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANDREWS ART LTD→ SC626206 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| ANGLE PARK SAND AND GRAVEL COMPANY LIMITED→ SC065067 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| ART INTERIOR SERVICE LTD→ SC852725 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ATJ RECOVERY SCOT GROUP LIMITED→ SC553651 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| AXON CABLE LIMITED→ SC122228 · est 1990 · no financials extracted | — | — | — | — | 36y | — | — |
| B A RIGGER SERVICES LIMITED→ SC728304 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| B G VENT LIMITED→ SC207446 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| B HAMILTON FABRICATION LTD→ SC841987 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2001-09-03
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.
Registered office
34 Rutherford Road
Glenrothes
Fife
KY6 2RT
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16
Officers (1 active · 4 resigned)
MATHIESON, Gordon Joseph→
Activedirector · ~65y · appointed 2001-09-03
View their other companies + combined net worth →
DUDGEON, Graham Campbell→
Resignedsecretary · appointed 2001-09-03 · resigned 2022-06-01
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2001-09-03 · resigned 2001-09-03
DUDGEON, Graham Campbell→
Resigneddirector · ~69y · appointed 2001-09-03 · resigned 2022-06-01
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 2001-09-03 · resigned 2001-09-03
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
2
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 | Standard security | 1 property | 04/06/2004 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 24/10/2001 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (65 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-26
termination-director-company-with-name-termination-date
officers · TM01
2022-06-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-15
termination-secretary-company-with-name-termination-date
officers · TM02
2022-06-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-10