THOMAS TUNNOCK LIMITED

📉Decliningactive

SC028747 · ltd · incorporated 1952-02-16

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

drifting distress · 6-months

Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.

· Lifecycle stage drifting downward
· Currently "declining"

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other manufacturing n.e.c.

Sector: Manufacturing

Investor take

Pursue

Conservative operator with a 93-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 93). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (78/100).

Data confidence

Overall: medium (77/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

11 officers (7 active, 11 linked, 8 with DOB)

Ownership & PSC

0 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

132 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £841,447

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-02-22	2024-02-24
Profit before tax	£841.4k	£4.09M
Average employees	653	69400

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

filings

• 1 confirmation-statement
• 1 officers

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2026-05-01
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-28
📄
accounts-with-accounts-type-full
accounts · AA
2025-04-30
📄
capital-name-of-class-of-shares
capital · SH08
2025-04-23
📄
resolution
resolution · RESOLUTIONS
2025-04-23
📄
memorandum-articles
incorporation · MA
2025-04-22
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2025-04-22
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-25
📄
accounts-with-accounts-type-full
accounts · AA
2023-11-29
📄
accounts-with-accounts-type-full
accounts · AA
2022-11-21
📄
accounts-with-accounts-type-full
accounts · AA
2022-01-21
📄
auditors-resignation-company
auditors · AUD
2021-11-01
📄
accounts-with-accounts-type-full
accounts · AA
2021-01-11
📄
accounts-with-accounts-type-full
accounts · AA
2019-11-27
📄
accounts-with-accounts-type-full
accounts · AA
2019-01-23
📄
accounts-with-accounts-type-full
accounts · AA
2019-01-23
📄
change-person-director-company-with-change-date
officers · CH01
2019-01-23
📄
change-person-director-company-with-change-date
officers · CH01
2019-01-21
➕
GOW, William Berrie Gordon appointed
secretary
2019-01-21
➕
GOW, William Berrie Gordon appointed
director
2019-01-21
➖
REIDFORD, Bruce Mills resigned
secretary
2008-06-06
➕
LOUDON, Robert Fergus Buchanan appointed
director
2000-01-01
➖
MCKELLAR, Helen resigned
secretary
2000-01-01
➕
REIDFORD, Bruce Mills appointed
secretary
1998-03-09
➕
GOW, Fiona Elizabeth appointed
director
1998-03-09
➕
LOUDON, Karen Margaret appointed
director
1994-11-04
➖
TUNNOCK, Margaret resigned
director
1992-05-05
➖
TUNNOCK, Thomas resigned
director
1952-02-16
🏢
Company incorporated
As THOMAS TUNNOCK LIMITED

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

-6 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "TUNNOCK" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 93 — 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 93 years old. Natural succession window is now.
primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 74 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.)

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KELVINSIDE ELECTRONICS LIMITED→ SC105407 · est 1987	£4.29M £3.33M–£5.24M	—	—	6100	38y	84	65y
PCT GROUP SALES LIMITED→ SC075642 · est 1981	£3.56M £2.77M–£4.35M	—	—	77	44y	85	83y
PROMAT BD LIMITED→ SC208370 · est 2000	£3.41M £2.65M–£4.17M	—	—	8500	25y	87	70y
INDEPENDENT GLASS COMPANY LIMITED→ SC107294 · est 1987	£2.83M £2.20M–£3.46M	—	—	21800	38y	85	79y
SAMTEC (EUROPE) LIMITED→ SC096674 · est 1986	£1.51M £1.17M–£1.84M	—	—	2700	40y	85	65y
SOAPWORKS LIMITED→ SC388292 · est 2010	£817.8k £636.1k–£999.6k	£11.53M	—	10300	15y	84	62y
WALKI LIMITED→ SC014320 · est 1926	£439.3k £341.7k–£536.9k	—	—	35	99y	94	61y
LINIAN SUPPLY CO. LIMITED→ SC246119 · est 2003	—	—	—	1400	23y	88	66y
WILLIAMS WINDOW FABRICATION LIMITED→ SC163160 · est 1996 · no financials extracted	—	—	—	—	30y	—	—

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.

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

Incorporated1952-02-16

Jurisdictionscotland

Primary SIC32990 — Other manufacturing n.e.c.

Registered office

34 Old Mill Road

Uddingston

G71 7HH

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-22

Confirmation statement

Next due: 2027-05-15

Last: 2026-05-01