PRECISION MACHINING SERVICES LTD.

🌳Matureactive
SC284965 · ltd · incorporated 2005-05-18
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.8y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£57.1k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. 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. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.8y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 19.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (76/100)

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
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
72 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
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 105 (micro)
Positive net assets
Net assets £57,108
Net assets shrinking
Down £38,937 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£57k
↓ 41% YoY
Current Assets
£64k
↓ 46% YoY
Current Liabilities
£0£24k£47k£71k£94k£118kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£68.5k£132.8k
Current assets£64.1k£117.7k
Net assets£57.1k£96.0k

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

🔒Filing-note intelligence

1 signal 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
2
filings
  • 1 accounts
  • 1 mortgage
Last 180 days
2
filings
  • 1 accounts
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2026-02-06
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-02-06
    🔓
    Charge satisfied #2
  4. 2025-09-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2025-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-08-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2023-02-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-02-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-05-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-01-21
    SHEPHERD & WEDDERBURN SECRETARIES LIMITED resigned
    corporate-secretary
  12. 2021-01-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-01-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2020-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2020-12-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2020-12-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2020-12-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2020-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2019-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2007-10-24
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Commercial Finance Limited
  21. 2006-07-21
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Scotland PLC
  22. 2006-06-07
    DONN, Alan Sinclair resigned
    secretary
  23. 2006-06-07
    SHEPHERD & WEDDERBURN SECRETARIES LIMITED appointed
    corporate-secretary
  24. 2005-05-18
    🏢
    Company incorporated
    As PRECISION MACHINING SERVICES LTD.
  25. 2005-05-18
    ANDREWS, Paul Henry appointed
    director
  26. 2005-05-18
    DONN, Alan Sinclair appointed
    director
  27. 2005-05-18
    DONN, Alan Sinclair appointed
    secretary
  28. 2005-05-18
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  29. 2005-05-18
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  30. 2005-05-18
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  31. 2005-05-18
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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

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

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Alan Sinclair Donn
Individual · British · DOB 10/1979 · age 47
2550%
25–50%25-50% shares · 25-50% voting24/05/2017
Paul Henry Andrews
Individual · British · DOB 06/1978 · age 48
2550%
25–50%25-50% shares · 25-50% voting24/05/2017

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

6 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
Incorporated2005-05-18
Jurisdictionscotland
Primary SIC25620 — Machining

Registered office

Unit D Norfrost Business Park
Murrayfield
Castletown
Caithness
KW14 8TY
Scotland

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-08-24
Last: 2025-08-10

Officers (2 active · 4 resigned)

ANDREWS, Paul Henry
director · ~48y · appointed 2005-05-18
View their other companies + combined net worth →
Active
DONN, Alan Sinclair
director · ~47y · appointed 2005-05-18
View their other companies + combined net worth →
Active
DONN, Alan Sinclair
secretary · appointed 2005-05-18 · resigned 2006-06-07
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2005-05-18 · resigned 2005-05-18
Resigned
SHEPHERD & WEDDERBURN SECRETARIES LIMITED
corporate-secretary · appointed 2006-06-07 · resigned 2021-01-21
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2005-05-18 · resigned 2005-05-18
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
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Floating charge1 property24/10/200706/02/2026
outstanding
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Bond & floating charge1 property21/07/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (72 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-26
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-12
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-03
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-01
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-24
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-10