E.G. STEELE & COMPANY LIMITED

🌳Matureactive
SC024956 · ltd · incorporated 1947-01-07
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 53.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 49200
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 53.6y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 53.6 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 7 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
119 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees8700

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

🔒Filing-note intelligence

2 signals 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
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-02-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-02-18
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  5. 2025-02-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2025-02-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-02-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2024-12-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-12-18
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  10. 2024-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2023-08-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-11-08
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2020-11-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-12-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  18. 2019-12-10
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  19. 2019-12-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2018-06-12
    ➕
    STEELE, Alan appointed
    director
  21. 2018-06-06
    ➖
    HOOD, John Frame resigned
    director
  22. 2011-01-07
    🔓
    Charge satisfied #3
  23. 1997-01-27
    ➕
    STEELE, Anne Carruthers appointed
    secretary
  24. 1997-01-27
    ➕
    STEELE, Anne Carruthers appointed
    director
  25. 1997-01-27
    ➖
    HOOD, John resigned
    secretary
  26. 1997-01-27
    ➕
    HOOD, John Frame appointed
    director
  27. 1996-12-09
    ➖
    STEELE, Hannah Wells resigned
    director
  28. 1992-01-01
    ➕
    HOOD, John appointed
    secretary
  29. 1992-01-01
    ➖
    STEELE, David Allan resigned
    secretary
  30. 1992-01-01
    ➕
    STEELE, Hannah Wells appointed
    director
  31. 1991-12-15
    ➖
    STEELE, Marion Scott resigned
    director
  32. 1991-12-05
    ➖
    STEELE, James George resigned
    director
  33. 1989-03-15
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  34. 1972-09-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  35. 1947-01-07
    🏢
    Company incorporated
    As E.G. STEELE & COMPANY LIMITED

Owner dependency

98/100
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
  • +Founder name in company name: Company name contains director surname "STEELE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 79 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

E.G. Steele Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
E.G. Steele Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
E.G. STEELE & COMPANY LIMITED
This company · SC024956

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
E.G. Steele Holdings Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control07/04/2016
Mr David Allan Steele
Individual · British · DOB 12/1955 · age 71
——sig. influencesignificant influence06/04/2016

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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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
Incorporated1947-01-07
Jurisdictionscotland
Primary SIC49200 — SIC 49200

Registered office

4 Middleton Avenue
Strutherhill Industrial Estate
Larkhall
Lanarkshire
ML9 2TL
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-19
Last: 2025-11-05

Officers (4 active · 6 resigned)

STEELE, Anne Carruthers→
secretary · appointed 1997-01-27
View their other companies + combined net worth →
Active
STEELE, Alan→
director · ~42y · appointed 2018-06-12
View their other companies + combined net worth →
Active
STEELE, Anne Carruthers→
director · ~70y · appointed 1997-01-27
View their other companies + combined net worth →
Active
STEELE, David Allan→
director · ~71y
View their other companies + combined net worth →
Active
HOOD, John→
secretary · appointed 1992-01-01 · resigned 1997-01-27
Resigned
STEELE, David Allan→
secretary · resigned 1992-01-01
Resigned
HOOD, John Frame→
director · ~69y · appointed 1997-01-27 · resigned 2018-06-06
Resigned
STEELE, Hannah Wells→
director · ~97y · appointed 1992-01-01 · resigned 1996-12-09
Resigned
STEELE, James George→
director · ~101y · resigned 1991-12-05
Resigned
STEELE, Marion Scott→
director · ~119y · resigned 1991-12-15
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property18/12/2024—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property15/03/198907/01/2011
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property11/09/1972—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (119 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-03
change-person-director-company-with-change-date
officers · CH01
2025-02-18
change-person-director-company-with-change-date
officers · CH01
2025-02-18
change-person-secretary-company-with-change-date
officers · CH03
2025-02-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-18
change-person-director-company-with-change-date
officers · CH01
2025-02-18
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-02-18
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-15
change-person-director-company-with-change-date
officers · CH01
2023-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22