LIMPET TECHNOLOGY LIMITED

💤Zombieactive
SC357375 · ltd · incorporated 2009-03-27
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£12.1k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (65/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · oldest 7.2y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 7.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
8 officers (1 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 5 total, 5 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 £12,072
High leverage
Liabilities are 100% of total assets
Net assets shrinking
Down £82,356 YoY
Leverage
100%
Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£12k
↓ 87% YoY
Current Assets
£241k
↑ 18% YoY
Current Liabilities
—
£0£48k£96k£145k£193k£241kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£266.3k£231.5k
Current assets£240.8k£204.9k
Net assets£12.1k£94.4k

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 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-06-14
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  5. 2023-06-13
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  6. 2022-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-06-18
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  8. 2022-06-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  9. 2021-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-07-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-07-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2021-06-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2021-05-19
    ➖
    TAYLOR, Daivd Kennedy resigned
    director
  14. 2021-05-19
    ➖
    TAYLOR, Philip Francis resigned
    director
  15. 2020-11-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-04-02
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  17. 2020-04-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  18. 2020-04-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2020-04-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2020-04-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2019-11-21
    🔓
    Charge satisfied #2
  22. 2019-11-21
    🔓
    Charge satisfied #1
  23. 2019-03-25
    🔒
    Charge registered #2
    Lender: Ørsted Ventures Europe a/S
  24. 2019-03-25
    🔒
    Charge registered #1
    Lender: Ørsted Ventures Europe a/S
  25. 2013-07-17
    ➖
    CRAWFORD, Robert Laverock Hamilton resigned
    director
  26. 2012-05-21
    ➖
    REID, John Hamilton resigned
    director
  27. 2012-02-08
    ➕
    CORNWALLIS, Robert Stephen appointed
    director
  28. 2011-07-27
    ➕
    REID, John Hamilton appointed
    director
  29. 2011-07-11
    ➖
    WATSON, Jonathan Charles Cameron resigned
    director
  30. 2010-09-29
    ➕
    CRAWFORD, Robert Laverock Hamilton appointed
    director
  31. 2010-02-03
    ➕
    TAYLOR, Daivd Kennedy appointed
    director
  32. 2010-02-03
    ➕
    TAYLOR, Philip Francis appointed
    director
  33. 2009-10-30
    ➖
    MONSON, Judith Enid resigned
    secretary
  34. 2009-03-31
    ➕
    MONSON, Judith Enid appointed
    secretary
  35. 2009-03-31
    ➖
    MBM SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  36. 2009-03-27
    🏢
    Company incorporated
    As LIMPET TECHNOLOGY LIMITED
  37. 2009-03-27
    ➕
    MBM SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  38. 2009-03-27
    ➕
    WATSON, Jonathan Charles Cameron appointed
    director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 17 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

Limpet Holdings (Uk) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Limpet Holdings (Uk) Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
LIMPET TECHNOLOGY LIMITED
This company · SC357375

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
Limpet Holdings (Uk) Limited
Corporate entity
75–100%
—75-100% shares06/04/2016
4 historic (ceased) PSCs
  • Mr Steven Alexander Taylorceased 06/04/2016· 25-50% shares · 25-50% voting
  • Mr Neil Kennedy Taylorceased 06/04/2016· 25-50% shares · 25-50% voting
  • Mr Gavin Henderson Taylorceased 06/04/2016· 25-50% shares · 25-50% voting
  • Mr Philip Francis Taylorceased 06/04/2016· 25-50% shares · 25-50% voting

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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NEXUS TECHNOLOGY GROUP UK LIMITED→
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——690062y8379y
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£955.3k
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£1.86M—150032y9664y
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£207.9k
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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
Incorporated2009-03-27
Jurisdictionscotland
Primary SIC28990 — SIC 28990

Registered office

Unit 1 3 Cunningham Road
Springkerse Industrial Estate
Stirling
FK7 7SW
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-10
Last: 2026-03-27

Officers (1 active · 7 resigned)

CORNWALLIS, Robert Stephen→
director · ~63y · appointed 2012-02-08
View their other companies + combined net worth →
Active
MONSON, Judith Enid→
secretary · appointed 2009-03-31 · resigned 2009-10-30
Resigned
MBM SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2009-03-27 · resigned 2009-03-31
Resigned
CRAWFORD, Robert Laverock Hamilton→
director · ~75y · appointed 2010-09-29 · resigned 2013-07-17
Resigned
REID, John Hamilton→
director · ~74y · appointed 2011-07-27 · resigned 2012-05-21
Resigned
TAYLOR, Daivd Kennedy→
director · ~81y · appointed 2010-02-03 · resigned 2021-05-19
Resigned
TAYLOR, Philip Francis→
director · ~54y · appointed 2010-02-03 · resigned 2021-05-19
Resigned
WATSON, Jonathan Charles Cameron→
director · ~60y · appointed 2009-03-27 · resigned 2011-07-11
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
Ørsted Ventures Europe a/S
A registered charge—25/03/201921/11/2019
satisfied
Ørsted Ventures Europe a/S
A registered charge1 property25/03/201921/11/2019

Recent filings (79 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-31
gazette-filings-brought-up-to-date
gazette · DISS40
2023-06-14
gazette-notice-compulsory
gazette · GAZ1
2023-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-31
gazette-filings-brought-up-to-date
gazette · DISS40
2022-06-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-17
gazette-notice-compulsory
gazette · GAZ1
2022-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-26
termination-director-company-with-name-termination-date
officers · TM01
2021-07-06