CHEMTEC UK LIMITED

🌳Matureactive
SC276983 · ltd · incorporated 2004-12-03
Investment thesis
Looks cheap but ownership + security both unclear — probable value trap.
Why interesting: Headline metrics may be attractive.
Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 80/100. 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. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (70/100).

🏦

Refinance opportunity

2 live charges · oldest 19.4y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 19.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (69/100)

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
12 officers (2 active, 12 linked, 8 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
88 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
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
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £1,065,013
Turned profitable
Returned to profit this year

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Profit before tax£1.07M£-205.3k
Average employees23002600

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (41 events)Click to expand
  1. 2025-09-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-08-19
    ➖
    BECKWITH, Tyler Adam resigned
    director
  3. 2025-06-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2025-04-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-04-14
    ➖
    KING, Stephen Michael resigned
    director
  6. 2024-06-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2024-04-19
    ➕
    KING, Stephen Michael appointed
    director
  8. 2024-04-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-02-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2023-06-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2023-01-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2023-01-09
    ➕
    RUSSELL, Andrew Hughes appointed
    director
  13. 2022-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2022-09-07
    ➖
    NICHOLAS, Eric Allan resigned
    director
  15. 2022-06-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2021-07-02
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2020-07-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2019-08-22
    📄
    legacy
    miscellaneous · RP04CS01
  19. 2019-06-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2018-10-15
    📄
    accounts-with-accounts-type-full
    accounts · AA
  21. 2017-05-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  22. 2016-06-30
    ➖
    KUCHLAK, Walter resigned
    director
  23. 2016-06-01
    ➕
    RUSSELL, Andrew Hughes appointed
    secretary
  24. 2016-06-01
    ➖
    MCGONIGLE, James Aloysius resigned
    secretary
  25. 2016-06-01
    ➕
    BECKWITH, Tyler Adam appointed
    director
  26. 2015-01-15
    ➖
    JOHANN, Edward resigned
    director
  27. 2012-02-06
    ➕
    NICHOLAS, Eric Allan appointed
    director
  28. 2011-07-12
    ➖
    ARMSTRONG, Andrew Joseph, Vice President resigned
    director
  29. 2011-07-12
    ➕
    JOHANN, Edward appointed
    director
  30. 2011-07-12
    ➕
    KUCHLAK, Walter appointed
    director
  31. 2010-05-09
    ➖
    ARMSTRONG, Richard Maxwell, President resigned
    director
  32. 2007-02-14
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  33. 2006-12-20
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  34. 2004-12-03
    🏢
    Company incorporated
    As CHEMTEC UK LIMITED
  35. 2004-12-03
    ➕
    MCGONIGLE, James Aloysius appointed
    secretary
  36. 2004-12-03
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  37. 2004-12-03
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  38. 2004-12-03
    ➕
    ARMSTRONG, Andrew Joseph, Vice President appointed
    director
  39. 2004-12-03
    ➕
    ARMSTRONG, Richard Maxwell, President appointed
    director
  40. 2004-12-03
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  41. 2004-12-03
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

Material 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

55/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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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
Incorporated2004-12-03
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

Willowyard Road
Willowyard Road
Beith
North Ayrshire
KA15 1JH
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-17
Last: 2025-12-03

Officers (2 active · 10 resigned)

RUSSELL, Andrew Hughes→
secretary · appointed 2016-06-01
View their other companies + combined net worth →
Active
RUSSELL, Andrew Hughes→
director · ~57y · appointed 2023-01-09
View their other companies + combined net worth →
Active
MCGONIGLE, James Aloysius→
secretary · appointed 2004-12-03 · resigned 2016-06-01
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2004-12-03 · resigned 2004-12-03
Resigned
ARMSTRONG, Andrew Joseph, Vice President→
director · ~87y · appointed 2004-12-03 · resigned 2011-07-12
Resigned
ARMSTRONG, Richard Maxwell, President→
director · ~89y · appointed 2004-12-03 · resigned 2010-05-09
Resigned
BECKWITH, Tyler Adam→
director · ~44y · appointed 2016-06-01 · resigned 2025-08-19
Resigned
JOHANN, Edward→
director · ~89y · appointed 2011-07-12 · resigned 2015-01-15
Resigned
KING, Stephen Michael→
director · ~39y · appointed 2024-04-19 · resigned 2025-04-14
Resigned
KUCHLAK, Walter→
director · ~82y · appointed 2011-07-12 · resigned 2016-06-30
Resigned
NICHOLAS, Eric Allan→
director · ~63y · appointed 2012-02-06 · resigned 2022-09-07
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2004-12-03 · resigned 2004-12-03
Resigned

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
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property14/02/2007—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property20/12/2006—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (88 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-08
termination-director-company-with-name-termination-date
officers · TM01
2025-09-01
accounts-with-accounts-type-full
accounts · AA
2025-06-03
termination-director-company-with-name-termination-date
officers · TM01
2025-04-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-full
accounts · AA
2024-06-21
appoint-person-director-company-with-name-date
officers · AP01
2024-04-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-06
accounts-with-accounts-type-full
accounts · AA
2023-06-13
appoint-person-director-company-with-name-date
officers · AP01
2023-01-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-12
termination-director-company-with-name-termination-date
officers · TM01
2022-12-12
accounts-with-accounts-type-full
accounts · AA
2022-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-09