ANIRAC LIMITED

🌳Matureactive

SC280789 · ltd · incorporated 2005-02-28

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 Dec 2024

Net worth

£1.67M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other business support service activities n.e.c.

Sector: Administrative & support services

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 83/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -96% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · oldest 6.5y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 6.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

4 charges (4/4 with lender, 4/4 with type)

Directors & officers

8 officers (5 active, 8 linked, 6 with DOB)

Ownership & PSC

0 active PSC(s) of 1 total, 1 with control declared

Director network

3 connected companies via shared directors

Filing history

85 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,671,160

Cash draining

Cash down 96% YoY

Cash YoY

-96%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£3k

↓ 96% YoY

Net Worth

£1.7m

↑ 6.3% YoY

Current Assets

£6k

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£1.82M	£1.71M
Current assets	£6.5k	—
Cash	£3.0k	£72.3k
Debtors	£3.5k	—
Net assets	£1.67M	£1.57M

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

filings

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (36 events)Click to expand

2025-11-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-21
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-21
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-08-04
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-08-04
🔓
Charge satisfied #2
2023-08-03
🔒
Charge registered #4
Lender: The Royal Bank of Scotland PLC
2023-08-01
🔒
Charge registered #3
Lender: The Royal Bank of Scotland PLC
2023-07-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-07-05
➕
WEST, Simon Derek appointed
director
2022-11-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-01
➕
MACKINNONS SOLICITORS LLP appointed
corporate-secretary
2021-03-01
➖
MACKINNONS resigned
corporate-secretary
2021-03-01
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-03-01
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2020-12-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-03
➖
WEST, Lorna resigned
director
2019-12-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-25
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-10-24
📄
mortgage-satisfy-charge-full
mortgage · MR04
2019-10-24
🔓
Charge satisfied #1
2019-10-18
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2019-10-09
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
2019-10-09
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2019-09-26
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2005-04-30
➕
WEST, Alexander appointed
director
2005-04-30
➕
WEST, Derek Alexander appointed
director
2005-04-30
➕
WEST, Garry appointed
director
2005-04-30
➖
JONES, Graham Edward resigned
director
2005-04-30
➕
WEST, Lorna appointed
director
2005-02-28
🏢
Company incorporated
As ANIRAC LIMITED
2005-02-28
➕
MACKINNONS appointed
corporate-secretary
2005-02-28
➕
JONES, Graham Edward appointed
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 85 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

primaryFamily succession underway: Not a takeover target — WEST, Simon Derek (same surname) appointed 2023-07-05. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 85 years old. Natural succession window is now.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

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

🔒Co-director network graph

Radial SVG graph showing every company connected via shared directors, colour-coded by status.

Available from the Pro tier upwards.

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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

Incorporated2005-02-28

Jurisdictionscotland

Primary SIC82990 — Other business support service activities n.e.c.

Registered office

14 Carden Place

Aberdeen

AB10 1UR

Filing status

Accounts

Next due: 2026-09-25

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-02-28

Last: 2026-02-14