BORELIS ENGINEERING LIMITED

🌳Matureactive
SC397375 · ltd · incorporated 2011-04-08
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£469.7k
book net assets
Opportunity
68/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Special-situation opportunity
Distressed professional-services with salvageable qualities — special-situations priority.

Opportunity 68/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £469,734

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£470k
↑ 1.8% YoY
Current Assets
£247k
↑ 5.4% YoY
Current Liabilities
£0£94k£188k£282k£376k£470kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-04-302024-04-30
Total assets£469.7k£461.5k
Current assets£246.7k£234.1k
Net assets£469.7k£461.5k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-07-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-04-21
    LAWRIE, Ashleigh Claire appointed
    director
  6. 2023-04-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-07-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-07-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2020-07-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-09-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2018-08-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2017-08-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-12-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-04-08
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-08-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-08-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2011-04-08
    🏢
    Company incorporated
    As BORELIS ENGINEERING LIMITED
  19. 2011-04-08
    TAIRNEY, Grant appointed
    director

Owner dependency

73/100
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 15 years — deep operational knowledge concentrated in one person.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

54/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 15 years.
  • secondaryStable-but-static management: Company is 15 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-04-22

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Grant Tairney
Individual · British · DOB 09/1978 · age 48
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/06/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Professional services · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
STREAMLINE SHIPPING GROUP LIMITED
SC131956 · est 1991
£15.91M
£11.73M£20.10M
035y8374y
GENERAL OCEANS UK HOLDINGS LTD
SC308386 · est 2006
£9.77M
£7.20M£12.34M
019y8468y
HIGHLAND FUELS HOLDINGS LIMITED
SC215790 · est 2001
£9.50M
£7.00M£12.00M
30025y8862y
CRAIGSHANNOCH LIMITED
SC191743 · est 1998
£5.90M
£4.34M£7.45M
£2.95M30027y8867y
HSB HOLDINGS LIMITED
SC260511 · est 2003
£3.58M
£2.64M£4.52M
022y8461y
T D C PARSONS PEEBLES LIMITED
SC663297 · est 2020
£2.76M
£2.03M£3.48M
£11.52M51005y8777y
ROTECH HOLDINGS LIMITED
SC148822 · est 1994
£1.97M
£1.45M£2.49M
£453.6k032y9258y
WELLTEC (UK) LTD.
SC204742 · est 2000
£134.9k
£99.4k£170.4k
£17.23M320026y8562y
ACCURA MEASUREMENT LIMITED
SC322109 · est 2007
£5.47M19y8360y
ALLEN ASSOCIATES (H.P.E.) LIMITED
SC201596 · est 1999 · no financials extracted
26y8359y
BOURTREE INVESTMENTS LIMITED
SC190868 · est 1998
27y8361y
CONNECT NDT LIMITED
SC205224 · est 2000
26y8370y
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
Incorporated2011-04-08
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

57 Abergeldie Road
Aberdeen
AB10 6ED
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-04-22OVERDUE
Last: 2025-04-08

Officers (2 active · 0 resigned)

LAWRIE, Ashleigh Claire
director · ~41y · appointed 2023-04-21
View their other companies + combined net worth →
Active
TAIRNEY, Grant
director · ~48y · appointed 2011-04-08
View their other companies + combined net worth →
Active

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

Recent filings (34 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-09
change-person-director-company-with-change-date
officers · CH01
2025-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-20
appoint-person-director-company-with-name-date
officers · AP01
2023-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2020-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-12