MITCHELL THOMSON LIMITED

💤Zombieactive
SC028501 · ltd · incorporated 1951-08-28
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 Aug 2024
Net worth
£418.9k
book net assets
Opportunity
82/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 38210
Sector: Water supply & waste
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 58). 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).

🏦

Refinance opportunity

1 live charge · oldest 14.4y

45/100
under pressure

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

  • · Oldest live charge is 14.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (1 active, 10 linked, 7 with DOB)
84
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
107 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £418,916

Key financials

2 years extracted from filed iXBRL accounts
Cash
£324k
Net Worth
£419k
↑ 18% YoY
Current Assets
£398k
↓ 51% YoY
Current Liabilities
—
£0£161k£322k£483k£645k£806kAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
Total assets£418.9k£355.3k
Current assets£397.8k£805.8k
Cash£323.8k—
Debtors£74.0k—
Net assets£418.9k£355.3k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-08-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2025-08-19
    🔓
    Charge satisfied #1
  3. 2025-04-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-08-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2024-08-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-06-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-09-27
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-08-31
    ➖
    VERRICO, Nino resigned
    director
  9. 2023-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2022-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-11-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2021-06-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-11-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2020-10-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-10-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2019-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-10-12
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2018-10-08
    ➖
    CUMMINGS, Keith David resigned
    secretary
  19. 2018-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2011-12-21
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Commercial Finance Limited
  21. 2009-05-18
    ➕
    VERRICO, Nino appointed
    director
  22. 2009-05-06
    ➖
    THOMSON, Alexa Margaret Mitchell resigned
    director
  23. 2003-05-04
    ➖
    DREW, Sylvia Cattanach Mitchell resigned
    director
  24. 1999-12-15
    ➕
    CUMMINGS, Keith David appointed
    secretary
  25. 1999-12-15
    ➖
    DREW, Sylvia Cattanach Mitchell resigned
    secretary
  26. 1999-12-09
    ➖
    DREW, Ernest Michael resigned
    director
  27. 1992-04-06
    ➕
    DREW, Simon James Pearson appointed
    director
  28. 1992-01-01
    ➕
    DREW, Sylvia Cattanach Mitchell appointed
    secretary
  29. 1991-12-31
    ➖
    THOMSON, Alexander Mitchell resigned
    secretary
  30. 1991-12-31
    ➖
    THOMSON, Alexander Mitchell resigned
    director
  31. 1991-12-31
    ➖
    WRIGHT, Hugh Morton resigned
    director
  32. 1951-08-28
    🏢
    Company incorporated
    As MITCHELL THOMSON LIMITED

Owner dependency

93/100
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.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 75 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Simon James Pearson Drew
Individual · British · DOB 01/1968 · age 58
——sig. influencesignificant influence14/11/2016

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 →

Similar companies

Active · Energy & utilities · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ENVIROCLEAN (SCOTLAND) LIMITED→
SC176022 · est 1997
£9.58M
£6.90M–£12.26M
——24628y8459y
BARR + WRAY LIMITED→
SC040952 · est 1964
£4.90M
£3.53M–£6.28M
——590061y8459y
BARR + WRAY HOLDINGS 2 LIMITED→
SC276252 · est 2004
£1.34M
£963.0k–£1.71M
——021y8459y
BARR + WRAY HOLDINGS LIMITED→
SC175728 · est 1997
£1.34M
£963.0k–£1.71M
——028y8259y
BAILLIE WINDFARM LIMITED→
SC256692 · est 2003 · no financials extracted
————22y8371y
HIGHLANDER INTERNATIONAL RECYCLING LIMITED→
SC265586 · est 2004
——£1.59M—22y8361y
HIGHLANDER SECURITY SHREDDING LTD→
SC395423 · est 2011
——£646.8k—15y8361y
SPRUCE CARPETS LTD.→
SC280302 · est 2005 · no financials extracted
————21y8370y
DPM WATER TECHNOLOGIES LIMITED→
SC264863 · est 2004
————22y8271y
DRAINTEC SOLUTIONS LIMITED→
SC303174 · est 2006
——£800.9k—19y8260y
ENVIROCLEAN CONTRACTS LTD→
SC360560 · est 2009
————16y8258y
S.M. LIGHTING (SCOTLAND) LIMITED→
SC364594 · est 2009
——£738.3k—16y8263y
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
Incorporated1951-08-28
Jurisdictionscotland
Primary SIC38210 — SIC 38210

Registered office

Robslee Drive
Giffnock
Glasgow
G46 7TY
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-11-10
Last: 2025-10-27

Officers (1 active · 9 resigned)

DREW, Simon James Pearson→
director · ~58y · appointed 1992-04-06
View their other companies + combined net worth →
Active
CUMMINGS, Keith David→
secretary · appointed 1999-12-15 · resigned 2018-10-08
Resigned
DREW, Sylvia Cattanach Mitchell→
secretary · appointed 1992-01-01 · resigned 1999-12-15
Resigned
THOMSON, Alexander Mitchell→
secretary · resigned 1991-12-31
Resigned
DREW, Ernest Michael→
director · ~89y · resigned 1999-12-09
Resigned
DREW, Sylvia Cattanach Mitchell→
director · ~87y · resigned 2003-05-04
Resigned
THOMSON, Alexa Margaret Mitchell→
director · ~80y · resigned 2009-05-06
Resigned
THOMSON, Alexander Mitchell→
director · ~113y · resigned 1991-12-31
Resigned
VERRICO, Nino→
director · ~74y · appointed 2009-05-18 · resigned 2023-08-31
Resigned
WRIGHT, Hugh Morton→
director · ~96y · resigned 1991-12-31
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Bond & floating charge1 property21/12/201119/08/2025

Recent filings (107 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-27
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
change-person-director-company-with-change-date
officers · CH01
2024-08-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-08-28
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-22
termination-director-company-with-name-termination-date
officers · TM01
2023-09-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-23
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-17