MOULDED FOAMS (SCOTLAND) LTD

🌳Matureactive
SC311076 · ltd · incorporated 2006-10-27
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 19.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£435.6k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Activities of production holding companies
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 62-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.2y

70/100
ready

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

  • · Oldest live charge is 19.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
9 officers (3 active, 9 linked, 5 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
108 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
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
Positive net assets
Net assets £435,587

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£436k
↑ 43% YoY
Current Assets
—
Current Liabilities
—
£0£87k£174k£261k£348k£436kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£1.30M£1.28M
Net assets£435.6k£304.1k

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
0
filings
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (39 events)Click to expand
  1. 2025-12-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-11-05
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  3. 2025-07-30
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2024-07-31
    📄
    accounts-with-accounts-type-group
    accounts · AA
  5. 2024-07-12
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2024-02-13
    📄
    capital-allotment-shares
    capital · SH01
  7. 2024-01-30
    📄
    capital-cancellation-shares
    capital · SH06
  8. 2024-01-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2024-01-30
    📄
    memorandum-articles
    incorporation · MA
  10. 2024-01-30
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2024-01-30
    📄
    capital-return-purchase-own-shares
    capital · SH03
  12. 2023-12-22
    ➖
    BAXTER, Euan John resigned
    director
  13. 2023-07-19
    📄
    accounts-with-accounts-type-group
    accounts · AA
  14. 2022-08-15
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2022-07-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2022-07-26
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2021-10-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-10-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2021-06-22
    📄
    accounts-with-accounts-type-group
    accounts · AA
  20. 2021-03-22
    ➕
    MAHER, Michael appointed
    director
  21. 2021-01-31
    ➖
    STANSFIELD, Michael John resigned
    director
  22. 2021-01-29
    📄
    capital-cancellation-shares
    capital · SH06
  23. 2019-08-30
    ➕
    STANSFIELD, Michael John appointed
    director
  24. 2018-12-13
    ➕
    BAXTER, Euan John appointed
    director
  25. 2017-12-30
    🔓
    Charge satisfied #2
  26. 2012-01-24
    ➖
    BRUCE, David Lindsay resigned
    director
  27. 2009-11-20
    🔓
    Charge satisfied #1
  28. 2009-10-07
    🔒
    Charge registered #2
    Lender: National Westminster Bank PLC
  29. 2007-02-28
    ➖
    LYCIDAS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  30. 2007-02-28
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  31. 2007-02-27
    ➕
    LYCIDAS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  32. 2007-01-04
    ➕
    THORNBERRY, John Reynolds appointed
    secretary
  33. 2007-01-04
    ➕
    THORNBERRY, John Reynolds appointed
    director
  34. 2007-01-04
    ➖
    LYCIDAS SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  35. 2007-01-04
    ➕
    BRUCE, David Lindsay appointed
    director
  36. 2007-01-04
    ➖
    LYCIDAS NOMINEES LIMITED resigned
    corporate-nominee-director
  37. 2006-10-27
    🏢
    Company incorporated
    As MOULDED FOAMS (SCOTLAND) LTD
  38. 2006-10-27
    ➕
    LYCIDAS SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  39. 2006-10-27
    ➕
    LYCIDAS NOMINEES LIMITED appointed
    corporate-nominee-director

Owner dependency

76/100
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 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • 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

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Reynolds Thornberry
Individual · British · DOB 03/1964 · age 62
50–75%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Mrs Penny Rosemary Thornberry
Individual · Irish · DOB 07/1964 · age 62
——sig. influencesignificant influence02/04/2017

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

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
Incorporated2006-10-27
Jurisdictionscotland
Primary SIC64202 — Activities of production holding companies

Registered office

1 Wardpark Road
Wardpark South
Cumbernauld
North Lanarkshire
G67 3EX

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-09
Last: 2026-01-26

Officers (3 active · 6 resigned)

THORNBERRY, John Reynolds→
secretary · appointed 2007-01-04
View their other companies + combined net worth →
Active
MAHER, Michael→
director · ~62y · appointed 2021-03-22
View their other companies + combined net worth →
Active
THORNBERRY, John Reynolds→
director · ~62y · appointed 2007-01-04
View their other companies + combined net worth →
Active
LYCIDAS SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2007-02-27 · resigned 2007-02-28
Resigned
LYCIDAS SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2006-10-27 · resigned 2007-01-04
Resigned
BAXTER, Euan John→
director · ~40y · appointed 2018-12-13 · resigned 2023-12-22
Resigned
BRUCE, David Lindsay→
director · ~86y · appointed 2007-01-04 · resigned 2012-01-24
Resigned
STANSFIELD, Michael John→
director · ~70y · appointed 2019-08-30 · resigned 2021-01-31
Resigned
LYCIDAS NOMINEES LIMITED→
corporate-nominee-director · appointed 2006-10-27 · resigned 2007-01-04
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
National Westminster Bank
National Westminster Bank PLC
Floating charge1 property07/10/200930/12/2017
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property28/02/200720/11/2009

Recent filings (108 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-01-27
change-person-director-company-with-change-date
officers · CH01
2025-12-22
change-person-secretary-company-with-change-date
officers · CH03
2025-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-group
accounts · AA
2025-07-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-group
accounts · AA
2024-07-31
resolution
resolution · RESOLUTIONS
2024-07-12
capital-allotment-shares
capital · SH01
2024-02-13
capital-cancellation-shares
capital · SH06
2024-01-30
termination-director-company-with-name-termination-date
officers · TM01
2024-01-30
memorandum-articles
incorporation · MA
2024-01-30
resolution
resolution · RESOLUTIONS
2024-01-30
capital-return-purchase-own-shares
capital · SH03
2024-01-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-05