MEC ENGINEERING LTD
- 71129Other engineering activities
Opportunity 70/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 0.4y
Refinance viable after a tidy-up — address the highlighted items first.
- · Newest facility, 0.4 years old — likely still in initial term.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-10-31 | 2023-10-31 |
|---|---|---|
| Average employees | 600 | 400 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 mortgage
Corporate timeline (13 events)Click to expand
- 2026-01-05📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2026-01-05🔒Charge registered #1Lender: Northern Bank Limited
- 2025-10-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-10-01➕MCIVOR, Rachel appointeddirector
- 2025-08-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-05-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-08-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-06-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-10-13🏢Company incorporatedAs MEC ENGINEERING LTD
- 2021-10-13➕CAMPBELL, Michael Peter appointeddirector
- 2021-10-13📄incorporation-companyincorporation · NEWINC
Owner dependency
Some founder dependency, but not acute. A structured handover period should cover most risk.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
Limited succession signal. Not a near-term off-market candidate.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
1 lowMultiple address changes in a short period can indicate operational instability or admin disorder.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Michael Peter Campbell Individual · Irish · DOB 04/1996 · age 30 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 13/10/2021 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · BT postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| JAMES F MCCUE LIMITED→ NI005090 · est 1961 | £11.70M £9.10M–£14.30M | £44.45M | — | 13200 | 64y | 88 | 65y |
| MOYOLA PRECISION ENGINEERING LIMITED→ NI011104 · est 1976 | £9.10M £7.08M–£11.12M | £25.33M | — | 14500 | 50y | 93 | 61y |
| GRAY & ADAMS (IRELAND) LIMITED→ NI015858 · est 1982 | £8.63M £6.71M–£10.54M | — | — | 69 | 43y | 87 | 71y |
| CROSSLAND TANKERS LIMITED→ NI018916 · est 1985 | £7.56M £5.88M–£9.24M | £23.91M | — | 13200 | 40y | 87 | 67y |
| HERON MANUFACTURE LIMITED→ NI031984 · est 1997 | £6.47M £5.03M–£7.90M | £23.44M | — | 0 | 29y | 94 | 62y |
| RAPID INTERNATIONAL LIMITED→ NI013822 · est 1979 | £5.69M £4.43M–£6.96M | — | — | 6200 | 46y | 88 | 80y |
| CENTRAL CHEMICAL SUPPLIES LIMITED→ NI032489 · est 1997 | £4.79M £3.72M–£5.85M | £16.98M | — | 3500 | 28y | 88 | 78y |
| SCOTTS ELECTRICAL SERVICES LIMITED→ NI065926 · est 2007 | £3.92M £3.05M–£4.80M | — | — | 69 | 18y | 88 | 66y |
| ABBEY UPHOLSTERERS LIMITED→ NI010849 · est 1975 | £3.64M £2.83M–£4.45M | £12.22M | — | 11400 | 50y | 88 | 82y |
| HEYN ENGINEERING (NI) LIMITED→ NI038423 · est 2000 | £2.57M £2.00M–£3.14M | — | — | 64 | 26y | 87 | 70y |
| CANYON EUROPE LIMITED→ NI019880 · est 1986 | £1.50M £1.17M–£1.84M | £9.36M | — | 7600 | 39y | 100 | 70y |
| FREDERICK JONES (BELFAST),LIMITED→ NI001753 · est 1944 | — | — | — | 4100 | 82y | 87 | 60y |
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 →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
Registered office
Filing status
Officers (2 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Northern Bank Northern Bank Limited | A registered charge | — | 05/01/2026 | — |