METER EYE LTD

🌳Matureactive
SC294491 · ltd · incorporated 2005-12-14
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2025
Net worth
£30
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £30

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£30
~ YoY
Current Assets
£15
~ YoY
Current Liabilities
£0£6£12£18£24£30Dec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-12-312024-12-31
Total assets£30£30
Current assets£15£15
Net assets£30£30

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
1
filing
  • 1 accounts
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (25 events)Click to expand
  1. 2026-04-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-06-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-04-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2020-11-02
    📄
    resolution
    resolution · RESOLUTIONS
  8. 2020-10-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2020-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2020-10-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2020-10-27
    BARR, Ian Jeffrey appointed
    director
  12. 2020-10-27
    SUTHERLAND, Stephen appointed
    director
  13. 2020-01-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-12-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2019-03-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-04-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-05-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2009-09-22
    BRENNAN, Anne resigned
    secretary
  19. 2005-12-14
    🏢
    Company incorporated
    As METER EYE LTD
  20. 2005-12-14
    HAMILTON, James appointed
    director
  21. 2005-12-14
    BRENNAN, Anne appointed
    secretary
  22. 2005-12-14
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  23. 2005-12-14
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  24. 2005-12-14
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  25. 2005-12-14
    STEPHEN MABBOTT LTD. 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
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — 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 76 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 20 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr James Hamilton
Individual · British · DOB 03/1950 · age 76
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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 →

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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
Incorporated2005-12-14
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

9 Glasgow Road
Paisley
PA1 3QS

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30

Officers (3 active · 3 resigned)

BARR, Ian Jeffrey
director · ~60y · appointed 2020-10-27
View their other companies + combined net worth →
Active
HAMILTON, James
director · ~76y · appointed 2005-12-14
View their other companies + combined net worth →
Active
SUTHERLAND, Stephen
director · ~47y · appointed 2020-10-27
View their other companies + combined net worth →
Active
BRENNAN, Anne
secretary · appointed 2005-12-14 · resigned 2009-09-22
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2005-12-14 · resigned 2005-12-14
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2005-12-14 · resigned 2005-12-14
Resigned

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

Recent filings (55 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-06-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-03
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-01
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-29
resolution
resolution · RESOLUTIONS
2020-11-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-10-30
appoint-person-director-company-with-name-date
officers · AP01
2020-10-30