DRIVELINE EMISSIONS TECHNOLOGIES LIMITED

🌳Matureactive
SC291538 · ltd · incorporated 2005-10-11
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 6.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£-2.03M
book net assets
Opportunity
83/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
ALSO REGISTERED FOR
  • 72190Other research and experimental development on natural sciences and engineering
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 6.2y

85/100
ready

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

  • · Oldest live charge is 6.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 6 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
27 connected companies via shared directors
90
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £2,034,944
Cash YoY
+116%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£180k
↑ 116% YoY
Net Worth
-£2.0m
↓ 8.4% YoY
Current Assets
£1.2m
↑ 10% YoY
Current Liabilities
—
-£2.0m-£1.4m-£753k-£112k£529k£1.2mOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£-2.00M£-1.82M
Current assets£1.17M£1.06M
Cash£180.2k£83.5k
Debtors£310.6k£283.5k
Net assets£-2.03M£-1.88M

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
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2025-09-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2025-04-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  3. 2024-04-05
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2024-02-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-05-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2022-07-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2021-07-22
    ➖
    GRYCUK, Fiona Mackinnon resigned
    secretary
  8. 2021-07-22
    ➖
    GRYCUK, Fiona Mackinnon resigned
    director
  9. 2021-07-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2021-07-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-04-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2020-03-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2020-03-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  14. 2020-02-26
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  15. 2019-10-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2019-10-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2019-01-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2019-01-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2019-01-14
    ➕
    DOYLE, Kevin Michael appointed
    director
  20. 2019-01-14
    ➕
    MCLEAN, Stewart appointed
    director
  21. 2019-01-14
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2019-01-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2018-08-06
    ➕
    RUSSELL, Gordon Iain appointed
    director
  24. 2018-08-06
    ➖
    LAING, Thomas Fleming resigned
    director
  25. 2011-03-14
    ➕
    LAING, Thomas Fleming appointed
    director
  26. 2005-12-06
    ➕
    ARNOTT, Robert Graeme appointed
    director
  27. 2005-12-06
    ➕
    GRYCUK, Fiona Mackinnon appointed
    secretary
  28. 2005-12-06
    ➖
    QUILL SERVE LIMITED resigned
    corporate-nominee-secretary
  29. 2005-12-06
    ➕
    GRYCUK, Fiona Mackinnon appointed
    director
  30. 2005-12-06
    ➖
    QUILL FORM LIMITED resigned
    corporate-nominee-director
  31. 2005-10-11
    🏢
    Company incorporated
    As DRIVELINE EMISSIONS TECHNOLOGIES LIMITED
  32. 2005-10-11
    ➕
    QUILL SERVE LIMITED appointed
    corporate-nominee-secretary
  33. 2005-10-11
    ➕
    QUILL FORM LIMITED appointed
    corporate-nominee-director

Owner dependency

65/100
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 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

90/100
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 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 20 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.)

Group structure

Caledonian Heritable Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Caledonian Heritable Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
DRIVELINE EMISSIONS TECHNOLOGIES LIMITED
This company · SC291538

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Caledonian Heritable Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting14/01/2019
1 historic (ceased) PSC
  • Mr Robert Graeme Arnottceased 14/01/2019· 75-100% 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 · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
1NHALER LTD→
SC573454 · est 2017 · no financials extracted
————8y——
2PSP LIMITED→
SC835983 · est 2025 · no financials extracted
————1y——
A & H ENGINEERING LTD→
SC486667 · est 2014 · no financials extracted
————11y——
A&E GÜTERMANN (UK) LIMITED→
SC016501 · est 1931 · no financials extracted
————94y——
AB ACCESS SOLUTIONS LTD→
SC353334 · est 2009 · no financials extracted
————17y——
ABBEY PRINT AND DESIGN LIMITED→
SC252359 · est 2003 · no financials extracted
————22y——
ABSLIDE LTD.→
SC222656 · est 2001 · no financials extracted
————24y——
ACHILTIBUIE HIGHLAND REEDS LTD.→
SC256666 · est 2003 · no financials extracted
————22y——
AD BUD LTD→
SC635643 · est 2019 · no financials extracted
————6y——
AERIES FRAMEWORKS LTD→
SC870587 · est 2025 · no financials extracted
———————
AFROSOLACE LTD→
SC875818 · est 2026 · no financials extracted
———————
AG 20061 LTD→
SC875445 · est 2026 · no financials extracted
———————
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
Incorporated2005-10-11
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

46 Charlotte Square
Edinburgh
EH2 4HQ
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-31
Last: 2025-10-17

Officers (4 active · 5 resigned)

ARNOTT, Robert Graeme→
director · ~69y · appointed 2005-12-06
View their other companies + combined net worth →
Active
DOYLE, Kevin Michael→
director · ~79y · appointed 2019-01-14
View their other companies + combined net worth →
Active
MCLEAN, Stewart→
director · ~69y · appointed 2019-01-14
View their other companies + combined net worth →
Active
RUSSELL, Gordon Iain→
director · ~55y · appointed 2018-08-06
View their other companies + combined net worth →
Active
GRYCUK, Fiona Mackinnon→
secretary · appointed 2005-12-06 · resigned 2021-07-22
Resigned
QUILL SERVE LIMITED→
corporate-nominee-secretary · appointed 2005-10-11 · resigned 2005-12-06
Resigned
GRYCUK, Fiona Mackinnon→
director · ~65y · appointed 2005-12-06 · resigned 2021-07-22
Resigned
LAING, Thomas Fleming→
director · ~79y · appointed 2011-03-14 · resigned 2018-08-06
Resigned
QUILL FORM LIMITED→
corporate-nominee-director · appointed 2005-10-11 · resigned 2005-12-06
Resigned

Click a director name to see their full track record across all companies.

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—26/02/2020—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (69 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-17
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-09-12
accounts-with-accounts-type-small
accounts · AA
2025-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-17
accounts-with-accounts-type-small
accounts · AA
2024-04-05
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-17
accounts-with-accounts-type-small
accounts · AA
2023-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-17
accounts-with-accounts-type-small
accounts · AA
2022-07-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-18
termination-secretary-company-with-name-termination-date
officers · TM02
2021-07-22
termination-director-company-with-name-termination-date
officers · TM01
2021-07-22
accounts-with-accounts-type-small
accounts · AA
2021-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-19