PILKINGTON TECHNOLOGY MANAGEMENT LIMITED

🌳Matureactive
SC038385 · ltd · incorporated 1963-02-01
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 53.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 23190
Sector: Manufacturing
ALSO REGISTERED FOR
  • 71121Engineering design activities for industrial process and production
  • 72190Other research and experimental development on natural sciences and engineering
  • 77400Leasing of intellectual property and similar products, except copyright works
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (60/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 53.9y

50/100
clean up first

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

  • · Oldest live charge is 53.9 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 28/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (59/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 4 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
56 officers (9 active, 56 linked, 51 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
233 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (121 events)Click to expand
  1. 2025-10-21
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-07-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-07-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-07-04
    FARROW, Michael James appointed
    director
  5. 2025-07-04
    LAWRIE-SIMMONS, Amanda Jayne resigned
    director
  6. 2025-06-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-06-18
    HIYOSHI, Koichi resigned
    director
  8. 2025-05-22
    SANDERSON, Kevin David appointed
    director
  9. 2025-05-22
    GREENALL, Michael Robert resigned
    director
  10. 2025-05-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-05-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-10-16
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2024-07-05
    WILGAR, John Paul appointed
    director
  14. 2024-07-05
    HAWLEY, Catherine Anne resigned
    director
  15. 2024-07-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2024-07-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2023-11-10
    MEREDITH, Raymond appointed
    director
  18. 2023-11-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2023-11-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  20. 2023-06-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2023-06-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  22. 2022-10-19
    GARCES CASTIELLA, Leopoldo Carlos Maria appointed
    director
  23. 2022-10-19
    HOSONUMA, Munehiro resigned
    director
  24. 2022-10-19
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2022-10-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2022-10-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  27. 2022-03-31
    SUMNER, Neil David appointed
    director
  28. 2022-03-31
    SHORE, Nicholas Anthony Lithgow resigned
    director
  29. 2022-03-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2022-03-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  31. 2021-09-30
    HORIGUCHI, Tomoya appointed
    director
  32. 2021-09-30
    HOSONUMA, Munehiro appointed
    director
  33. 2021-09-30
    KUBOI, Jukichi resigned
    director
  34. 2021-09-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  35. 2021-09-30
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  36. 2021-09-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  37. 2020-09-01
    LAWRIE-SIMMONS, Amanda Jayne appointed
    director
  38. 2018-09-11
    GREENALL, Michael Robert appointed
    director
  39. 2018-09-06
    RAMSEY, Philip Michael, Dr. resigned
    director
  40. 2018-01-08
    HIYOSHI, Koichi appointed
    director
  41. 2018-01-08
    KUBOI, Jukichi appointed
    director
  42. 2016-05-10
    HAWLEY, Catherine Anne appointed
    director
  43. 2016-03-31
    LYONS, Mark Joseph resigned
    director
  44. 2014-03-19
    SHORE, Nicholas Anthony Lithgow appointed
    director
  45. 2013-02-08
    RHODES, Fiona Elizabeth, Mrs. resigned
    director
  46. 2012-05-31
    MCKEON, Paul Kenneth resigned
    director
  47. 2012-05-16
    RAMSEY, Philip Michael, Dr. appointed
    director
  48. 2012-05-01
    RHODES, Fiona Elizabeth, Mrs. appointed
    director
  49. 2012-04-30
    MCDONALD, Philip James, Mr. resigned
    director
  50. 2010-03-31
    MAIER, Michael resigned
    director
Showing most recent 50 of 121 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -8 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

60/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: GREENALL, Michael Robert resigned 2025-05-22; HIYOSHI, Koichi resigned 2025-06-18; LAWRIE-SIMMONS, Amanda Jayne resigned 2025-07-04

Group structure

Pilkington Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Pilkington Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
PILKINGTON TECHNOLOGY MANAGEMENT LIMITED
This company · SC038385

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Pilkington Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

6 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
Incorporated1963-02-01
Jurisdictionscotland
Primary SIC23190 — SIC 23190

Registered office

R A Clement Associates
5 Argyll Square
Oban
Argyll
PA34 4AZ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-18
Last: 2025-06-04

Officers (9 active · 47 resigned)

SMITH, Iain Michael, Mr.
secretary · appointed 2008-07-01
View their other companies + combined net worth →
Active
FARROW, Michael James
director · ~41y · appointed 2025-07-04
View their other companies + combined net worth →
Active
GARCES CASTIELLA, Leopoldo Carlos Maria
director · ~60y · appointed 2022-10-19
View their other companies + combined net worth →
Active
HORIGUCHI, Tomoya
director · ~52y · appointed 2021-09-30
View their other companies + combined net worth →
Active
MEREDITH, Raymond
director · ~49y · appointed 2023-11-10
View their other companies + combined net worth →
Active
SANDERSON, Kevin David
director · ~55y · appointed 2025-05-22
View their other companies + combined net worth →
Active
SMITH, Iain Michael
director · ~54y · appointed 2005-08-15
View their other companies + combined net worth →
Active
SUMNER, Neil David
director · ~57y · appointed 2022-03-31
View their other companies + combined net worth →
Active
WILGAR, John Paul
director · ~58y · appointed 2024-07-05
View their other companies + combined net worth →
Active
ANDERSON, Charles Adair
secretary · resigned 1991-12-10
Resigned
BEVAN, Richard Edward
secretary · appointed 1993-05-28 · resigned 1997-08-01
Resigned
DANIELS, Roger Michael
secretary · appointed 1991-12-10 · resigned 1993-05-28
Resigned
LENNON, Sheila Elizabeth
secretary · appointed 1997-08-01 · resigned 2008-06-30
Resigned
BENNETT, James Douglas Scott
director · ~84y · resigned 1991-12-10
Resigned
BLACK, Robert
director · ~91y · resigned 1991-12-10
Resigned
COOK, Derek Edward
director · ~95y · appointed 1991-12-10 · resigned 1992-06-10
Resigned
DAVIES, Michael John
director · ~94y · appointed 1991-12-10 · resigned 1992-04-08
Resigned
DE LEONIBUS, Vittore, Ing
director · ~77y · appointed 2003-11-14 · resigned 2009-03-31
Resigned
ELLIS, Edric, Dr
director · ~85y · appointed 1996-09-30 · resigned 1999-11-30
Resigned
GREEN, John Flannan
director · ~76y · appointed 1993-02-12 · resigned 1998-07-31
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property06/09/198504/12/1985
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property26/05/197227/11/1991

Recent filings (233 total)

accounts-with-accounts-type-full
accounts · AA
2025-10-21
appoint-person-director-company-with-name-date
officers · AP01
2025-07-07
termination-director-company-with-name-termination-date
officers · TM01
2025-07-07
termination-director-company-with-name-termination-date
officers · TM01
2025-06-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-04
appoint-person-director-company-with-name-date
officers · AP01
2025-05-22
termination-director-company-with-name-termination-date
officers · TM01
2025-05-22
accounts-with-accounts-type-full
accounts · AA
2024-10-16
appoint-person-director-company-with-name-date
officers · AP01
2024-07-05
termination-director-company-with-name-termination-date
officers · TM01
2024-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-04
appoint-person-director-company-with-name-date
officers · AP01
2023-11-10
accounts-with-accounts-type-full
accounts · AA
2023-11-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-01