CASING TECHNOLOGIES GROUP LIMITED
🌳Matureactive
SC328867 · ltd · incorporated 2007-08-07
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
—
not disclosed
Net worth
—
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
ALSO REGISTERED FOR
- 82990Other business support service activities n.e.c.
Investor take
PursueActive trading company with a 65-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
8 live charges · 5 lenders · oldest 13.9y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 13.9 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 38/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (55/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
8 charges (8/8 with lender, 8/8 with type)
90
Directors & officers
26 officers (4 active, 26 linked, 19 with DOB)
85
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
Network not yet resolved
30
Filing history
188 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
3
filings
- • 1 mortgage
- • 1 incorporation
- • 1 resolution
Last 180 days
6
filings
- • 2 confirmation-statement
- • 1 mortgage
- • 1 incorporation
Counts from Companies House filing history.
Corporate timeline (86 events)Click to expand
- 2026-03-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-03-13🔒Charge registered #8Lender: Pnc Bank, National Association (As Agent)
- 2026-03-12📄memorandum-articlesincorporation · MA
- 2026-03-12📄resolutionresolution · RESOLUTIONS
- 2026-01-22📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-01-22📄replacement-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP01CS01
- 2026-01-20📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2026-01-08➕BURNESS PAULL LLP appointedcorporate-secretary
- 2025-10-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-10-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-07➕DOMINO, Michael Wayne, Mr. appointeddirector
- 2025-10-07➕JOHNSON, David, Mr. appointeddirector
- 2025-10-07➕PREJEAN, Robert Wayne, Mr. appointeddirector
- 2025-10-07➖STEPHENSON, David resigneddirector
- 2025-10-07➖DRILLING TOOLS INTERNATIONAL HOLDINGS, INC. resignedcorporate-director
- 2025-07-08📄accounts-with-accounts-type-smallaccounts · AA
- 2025-04-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-04-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-12-20📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2024-12-17🔒Charge registered #7Lender: Pnc Bank, National Association (As Agent)
- 2024-11-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-22📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-11-11📄appoint-corporate-director-company-with-name-dateofficers · AP02
- 2024-08-01➖JOHNSON, David resigneddirector
- 2024-08-01➖PREJEAN, R. Wayne resigneddirector
- 2024-08-01➕DRILLING TOOLS INTERNATIONAL HOLDINGS, INC. appointedcorporate-director
- 2024-06-03📄accounts-with-accounts-type-smallaccounts · AA
- 2024-04-02📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2024-04-02📄resolutionresolution · RESOLUTIONS
- 2024-03-28📄memorandum-articlesincorporation · MA
- 2024-03-28📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-03-22🔓Charge satisfied #6
- 2024-03-22🔓Charge satisfied #5
- 2024-03-22🔓Charge satisfied #4
- 2024-03-22🔓Charge satisfied #2
- 2024-03-15➖HERRERA, Gregory John resigneddirector
- 2024-03-15➖HVAMB, Tomas resigneddirector
- 2024-03-15➕JOHNSON, David appointeddirector
- 2024-03-15➖KENT, Stephen resigneddirector
- 2024-03-15➕PREJEAN, R. Wayne appointeddirector
- 2024-03-15➕STEPHENSON, David appointeddirector
- 2023-03-01➖HERRERA, Derek Frederick resignedsecretary
- 2020-10-27🔒Charge registered #6Lender: Energy Ventures Iii L.P. (Acting by Its General Partner, Energy Ventures Iii (Gp) L.P., Acting in Turn by Its General Partner, Energy Ventures Iii (Gp) Limited) (the "Security Trustee").
- 2019-03-28🔒Charge registered #5Lender: Energy Ventures Iii L.P. (Registered in Guernsey, Number 901) (as Security Trustee)
- 2017-11-07🔓Charge satisfied #3
- 2017-11-07🔓Charge satisfied #1
- 2017-10-31🔒Charge registered #4Lender: Energy Ventures Iii L.P. (Registered in Guernsey, Number 901) (as Security Trustee)
Showing most recent 50 of 86 events
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 65 — succession pressure is live.
Succession & seller-readiness
50/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
Red flags
2 med ·2 director resignations in last 12 months
mediumMultiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.
Evidence: STEPHENSON, David resigned 2025-10-07; DRILLING TOOLS INTERNATIONAL HOLDINGS, INC. resigned 2025-10-07
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Drilling Tools International Corporation is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Drilling Tools International Corporation
Corporate parent · holds 75-100% shares · board control
⬇
CASING TECHNOLOGIES GROUP LIMITED
This company · SC328867
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Drilling Tools International Corporation Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 15/03/2024 |
5 historic (ceased) PSCs
- Drilling Tools International, Inc.ceased 15/03/2024· 75-100% shares · 75-100% voting · board control
- Energy Ventures Iii Lpceased 15/03/2024· 50-75% shares · 50-75% voting · board control
- Kirsteen Donna Morrisonceased 24/10/2022· 75-100% shares
- Sep Iii Gp Limitedceased 09/10/2017· significant influence
- Scottish Equity Partners Llpceased 09/10/2017· 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
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|---|---|---|---|---|---|---|---|
| A J R FACILITIES CONSULTANCY LTD→ SC544953 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| A JOB IN KNOCK LIMITED→ SC304240 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| AE ECONOMICS LIMITED→ SC613612 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| AECS GRAY ENGINEERING LTD.→ SC322000 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| AGENTS OF DIGITAL CHANGE LTD→ SC808950 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AGGREGATE TECHNOLOGY HOLDINGS LIMITED→ SC860628 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| AJD CONSULTANCY SERVICES LIMITED→ SC248282 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| AKADDTECH LIMITED→ SC354359 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| AKB TAX LIMITED→ SC739779 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| ALAMAD LIMITED→ SC393905 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ALAMDAR CONSULTANTS LIMITED→ SC710747 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ALAN BISSET COMPLETIONS LIMITED→ SC339019 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2007-08-07
Jurisdictionscotland
Primary SIC70100 — Activities of head offices
Registered office
Unit 4 & 5 Enterprise Drive
Westhill Industrial Estate
Westhill
AB32 6TQ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-21
Last: 2025-08-07
Officers (4 active · 22 resigned)
BURNESS PAULL LLP→
Activecorporate-secretary · appointed 2026-01-08
View their other companies + combined net worth →
DOMINO, Michael Wayne, Mr.→
Activedirector · ~52y · appointed 2025-10-07
View their other companies + combined net worth →
JOHNSON, David, Mr.→
Activedirector · ~62y · appointed 2025-10-07
View their other companies + combined net worth →
PREJEAN, Robert Wayne, Mr.→
Activedirector · ~65y · appointed 2025-10-07
View their other companies + combined net worth →
HERRERA, Derek Frederick→
Resignedsecretary · appointed 2013-12-19 · resigned 2023-03-01
QUINN, Helena Findlay→
Resignedsecretary · appointed 2013-02-01 · resigned 2013-12-19
MACLAY MURRAY & SPENS LLP→
Resignedcorporate-nominee-secretary · appointed 2007-08-07 · resigned 2012-12-07
COWIE, Simon Henry Dyer→
Resigneddirector · ~53y · appointed 2007-10-25 · resigned 2012-02-10
DAVIS, Lance Stephen→
Resigneddirector · ~75y · appointed 2007-10-25 · resigned 2017-05-25
HASTINGS, Gillian Elizabeth→
Resigneddirector · ~62y · appointed 2013-04-05 · resigned 2017-10-06
HERRERA, Gregory John→
Resigneddirector · ~57y · appointed 2017-09-14 · resigned 2024-03-15
HOYER, Carel Willem Jan→
Resigneddirector · ~67y · appointed 2012-12-01 · resigned 2015-05-13
HVAMB, Tomas→
Resigneddirector · ~51y · appointed 2015-07-06 · resigned 2024-03-15
JOHNSON, David→
Resigneddirector · ~62y · appointed 2024-03-15 · resigned 2024-08-01
KENT, Stephen→
Resigneddirector · ~60y · appointed 2017-10-30 · resigned 2024-03-15
KERR, Brian Alexander→
Resigneddirector · ~65y · appointed 2012-02-10 · resigned 2017-09-14
MCHATTIE, Kenneth George→
Resigneddirector · ~70y · appointed 2011-07-31 · resigned 2012-01-13
MELBERG, Ole→
Resigneddirector · ~80y · appointed 2008-03-27 · resigned 2015-05-16
PREJEAN, R. Wayne→
Resigneddirector · ~65y · appointed 2024-03-15 · resigned 2024-08-01
SEDGE, Douglas Alan→
Resigneddirector · ~71y · appointed 2015-06-09 · resigned 2017-10-30
Click a director name to see their full track record across all companies.
Mortgages & charges
8
Total charges
2
Outstanding
1
Active lenders
Status:Lender:8 of 8 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Pnc Bank, National Association (As Agent) | A registered charge | — | 13/03/2026 | — | |
| outstanding | Pnc Bank, National Association (As Agent) | A registered charge | — | 17/12/2024 | — | |
| satisfied | Energy Ventures Iii L.P. (Acting by Its General Partner, Energy Ventures Iii (Gp) L.P., Acting in Turn by Its General Partner, Energy Ventures Iii (Gp) ) (the "Security Trustee"). Energy Ventures Iii L.P. (Acting by Its General Partner, Energy Ventures Iii (Gp) L.P., Acting in Turn by Its General Partner, Energy Ventures Iii (Gp) Limited) (the "Security Trustee"). | A registered charge | 1 property | 27/10/2020 | 22/03/2024 | |
| satisfied | Energy Ventures Iii L.P. (Registered in Guernsey, Number 901) (as Security Trustee) | A registered charge | 1 property | 28/03/2019 | 22/03/2024 | |
| satisfied | Energy Ventures Iii L.P. (Registered in Guernsey, Number 901) (as Security Trustee) | A registered charge | — | 31/10/2017 | 22/03/2024 | |
| satisfied | Scottish Equity Partners Scottish Equity Partners LLP | A registered charge | — | 20/07/2015 | 07/11/2017 | |
| satisfied | Maven Capital Partners UK Maven Capital Partners UK LLP | Bond & floating charge | 1 property | 05/04/2013 | 22/03/2024 | |
| satisfied | Scottish Equity Partners Scottish Equity Partners LLP | Floating charge | 1 property | 29/05/2012 | 07/11/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (188 total)
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-03-23
memorandum-articles
incorporation · MA
2026-03-12
resolution
resolution · RESOLUTIONS
2026-03-12
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-01-22
replacement-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP01CS01
2026-01-22
appoint-corporate-secretary-company-with-name-date
officers · AP04
2026-01-20
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
termination-director-company-with-name-termination-date
officers · TM01
2025-10-09
termination-director-company-with-name-termination-date
officers · TM01
2025-10-09
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
appoint-person-director-company-with-name-date
officers · AP01
2025-10-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-19
accounts-with-accounts-type-small
accounts · AA
2025-07-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-09