ENGINE ROOM TECHNOLOGY LTD

🌿Early-stageactive
SC767296 · ltd · incorporated 2023-04-26
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
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Turnover
year to Apr 2024
Net worth
£358.8k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Information technology consultancy activities
Sector: Information & communication
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
7 filings
60
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
60
Adequate — check latest filings for context.
Acquirability
70
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 · accounting standard not declared
Positive net assets
Net assets £358,767

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£359k
Current Assets
£228k
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-04-30
Total assets£232.1k
Current assets£228.1k
Net assets£358.8k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (7 events)Click to expand
  1. 2025-04-29
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  2. 2025-04-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-04-15
    📄
    dissolved-compulsory-strike-off-suspended
    dissolution · DISS16(SOAS)
  4. 2025-03-25
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  5. 2023-04-26
    🏢
    Company incorporated
    As ENGINE ROOM TECHNOLOGY LTD
  6. 2023-04-26
    MACLELLAN, Ian Gerard appointed
    director
  7. 2023-04-26
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

88/100
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 62 — approaching natural succession window.
  • +Young company: Only 3.0 years old — management layer unlikely to be developed.

Succession & seller-readiness

55/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Ian Gerard Maclellan
Individual · British · DOB 01/1964 · age 62
75100%
75–100%board control75-100% shares · 75-100% voting · board control26/04/2023

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.

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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.

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🔒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.

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Company details

Statusactive
Typeltd
Incorporated2023-04-26
Jurisdictionscotland
Primary SIC62020 — Information technology consultancy activities

Registered office

Home Farmhouse
Kelty
KY4 0JR
United Kingdom

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-04-30
Confirmation statement
Next due: 2026-05-09
Last: 2025-04-25

Officers (1 active · 0 resigned)

MACLELLAN, Ian Gerard
director · ~62y · appointed 2023-04-26
View their other companies + combined net worth →
Active

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

Recent filings (7 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-02
gazette-filings-brought-up-to-date
gazette · DISS40
2025-04-29
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-28
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2025-04-15
gazette-notice-compulsory
gazette · GAZ1
2025-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
incorporation-company
incorporation · NEWINC
2023-04-26