PLEXUS CORP (KELSO) LIMITED
🌳Matureactive
SC041957 · ltd · incorporated 1965-03-30
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 32.5y old — refinance window within 12 months
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 80/100 (exceptional), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 32.5y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 32.5 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: high (87/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
27 officers (3 active, 27 linked, 21 with DOB)
86
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
161 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
3 years extracted from filed iXBRL accountsCash
—
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 | 2025-09-27 | 2024-09-28 | 2023-09-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (66 events)Click to expand
- 2026-05-13📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-05-21📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-05-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-12-01📄change-person-director-company-with-change-dateofficers · CH01
- 2023-11-30➕ZYCINSKI, Frank appointeddirector
- 2023-11-30➖DARROCH, Ronnie resigneddirector
- 2023-11-30📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-11-30📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-05-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-17📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2022-11-07📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-10-02➕THOMSON, Steven appointeddirector
- 2022-10-02➖KERR, Denis resigneddirector
- 2022-07-01📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-06-25📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-06-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-12-10📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-12-09📄change-person-secretary-company-with-change-dateofficers · CH03
- 2019-10-25📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-08-30➕DARROCH, Ronnie appointeddirector
- 2019-08-30➖MIHM, Oliver Kurt resigneddirector
- 2019-06-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-04-01➖DARROCH, Ronnie resigneddirector
- 2015-04-01➕MIHM, Oliver Kurt appointeddirector
- 2012-11-21➕DARROCH, Ronnie appointeddirector
- 2012-11-21➖MACKINNON, William resigneddirector
- 2008-05-05➕KERR, Denis appointeddirector
- 2007-12-18➕MIDDLEMASS, Laura Mary appointedsecretary
- 2007-12-18➖MACKINNON, William resignedsecretary
- 2007-12-18➖ALLEN, Andrew resigneddirector
- 2007-12-18➕MACKINNON, William appointeddirector
- 2007-12-18➖SPEIRS, Alan James resigneddirector
- 2007-03-22➖KELLY, Mark resignedsecretary
- 2007-03-22➕MACKINNON, William appointedsecretary
- 2007-03-01➕SPEIRS, Alan James appointeddirector
- 2006-03-31➖MERRITT, Michael resigneddirector
- 2005-10-03➖DICK, Alistair Robert John resigneddirector
- 2005-10-03➕MERRITT, Michael appointeddirector
- 2002-11-30➖KAUFMAN, Joseph David resigneddirector
- 2002-11-30➖SABOL, Thomas Bernard resigneddirector
- 2002-08-14➖NUSSBAUM, John Leonard resigneddirector
- 2002-06-10➖FORD, Timothy resigneddirector
- 2002-06-10➖JARMAN, Michael Neil resigneddirector
- 2002-01-24➖FORD, Timothy resignedsecretary
- 2002-01-24➕KELLY, Mark appointedsecretary
- 2002-01-24➕DICK, Alistair Robert John appointeddirector
- 2001-12-13🔓Charge satisfied #2
- 2001-05-31➕KAUFMAN, Joseph David appointeddirector
- 2001-05-31➕NUSSBAUM, John Leonard appointeddirector
Showing most recent 50 of 66 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
Succession & seller-readiness
46/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
Plexus Corp (Uk) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Plexus Corp (Uk) Ltd
Corporate parent · holds 75-100% shares
⬇
PLEXUS CORP (KELSO) LIMITED
This company · SC041957
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Plexus Corp (Uk) Ltd Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
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 →Similar companies
Active · Other · TD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BORDERS WHEELS→ SC305830 · est 2006 · no financials extracted | — | — | — | — | 19y | 81 | 87y |
| GRANTSHOUSE DEVELOPMENT COMPANY LIMITED→ SC342830 · est 2008 | — | — | — | 0 | 18y | 81 | 79y |
| HAZEL'S FOOTPRINTS TRUST→ SC275793 · est 2004 · no financials extracted | — | — | — | — | 21y | 81 | 74y |
| ANDREW COWAN MOTORSPORTS LIMITED→ SC264963 · est 2004 | — | — | — | — | 22y | 80 | 69y |
| CALEDONIAN CATTLE COMPANY LIMITED→ SC308282 · est 2006 | — | — | — | — | 19y | 80 | 78y |
| CLAYFIELD HOUSE MANAGEMENT LIMITED→ 05174024 · est 2004 | — | — | — | — | 21y | 80 | 70y |
| CRAIGSPARK LIMITED→ SC351121 · est 2008 | — | — | — | — | 17y | 80 | 68y |
| DIRECTORS CUT FILMS NORTH LIMITED→ SC360565 · est 2009 | — | — | — | — | 17y | 80 | 66y |
| LOWLAND LETTINGS LTD→ SC390048 · est 2010 | — | — | — | — | 15y | 80 | 61y |
| MELROSE RFC LIMITED→ SC307024 · est 2006 | — | — | — | — | 19y | 80 | 58y |
| ROCKLUG TYRES LIMITED→ SC155414 · est 1995 | — | — | — | — | 31y | 80 | 94y |
| THE KATIE MCKERRACHER TRUST→ SC361381 · est 2009 | — | — | £112.8k | — | 16y | 80 | 63y |
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
Incorporated1965-03-30
Jurisdictionscotland
Primary SIC99999 — SIC 99999
Registered office
Pinnacle Hill Industrial Estate
Kelso
TD5 8XX
Filing status
Accounts
Next due: 2027-07-01
Last made up to: 2025-09-27
Confirmation statement
Next due: 2026-08-17
Last: 2025-08-03
Officers (3 active · 24 resigned)
MIDDLEMASS, Laura Mary→
Activesecretary · appointed 2007-12-18
View their other companies + combined net worth →
THOMSON, Steven→
Activedirector · ~55y · appointed 2022-10-02
View their other companies + combined net worth →
ZYCINSKI, Frank→
Activedirector · ~58y · appointed 2023-11-30
View their other companies + combined net worth →
FORD, Timothy→
Resignedsecretary · resigned 2002-01-24
HENSBY, Malcolm Robert→
Resignedsecretary · appointed 1992-07-16 · resigned 1993-12-01
KELLY, Mark→
Resignedsecretary · appointed 2002-01-24 · resigned 2007-03-22
LESTER, Donald Henry John→
Resignedsecretary · resigned 1992-07-16
MACKINNON, William→
Resignedsecretary · appointed 2007-03-22 · resigned 2007-12-18
ALLEN, Andrew→
Resigneddirector · ~69y · appointed 1993-12-01 · resigned 2007-12-18
DARROCH, Ronnie→
Resigneddirector · ~61y · appointed 2019-08-30 · resigned 2023-11-30
DARROCH, Ronnie→
Resigneddirector · ~61y · appointed 2012-11-21 · resigned 2015-04-01
DICK, Alistair Robert John→
Resigneddirector · ~66y · appointed 2002-01-24 · resigned 2005-10-03
FORD, Timothy→
Resigneddirector · ~69y · appointed 1993-12-01 · resigned 2002-06-10
FOWLER, Christopher Paul→
Resigneddirector · ~82y · resigned 1993-12-01
GUERIN, Dermot John→
Resigneddirector · ~63y · appointed 1993-12-01 · resigned 1997-01-31
HOOD, Robert Charles→
Resigneddirector · ~83y · resigned 1992-06-08
JARMAN, Michael Neil→
Resigneddirector · ~79y · appointed 1993-12-01 · resigned 2002-06-10
KAUFMAN, Joseph David→
Resigneddirector · ~69y · appointed 2001-05-31 · resigned 2002-11-30
KERR, Denis→
Resigneddirector · ~62y · appointed 2008-05-05 · resigned 2022-10-02
MACKINNON, William→
Resigneddirector · ~69y · appointed 2007-12-18 · resigned 2012-11-21
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 01/12/1993 | 13/12/2001 |
Recent filings (161 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-11
accounts-with-accounts-type-dormant
accounts · AA
2025-05-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-06
accounts-with-accounts-type-dormant
accounts · AA
2024-05-23
change-person-director-company-with-change-date
officers · CH01
2023-12-01
appoint-person-director-company-with-name-date
officers · AP01
2023-11-30
termination-director-company-with-name-termination-date
officers · TM01
2023-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-04
accounts-with-accounts-type-dormant
accounts · AA
2023-05-17
change-account-reference-date-company-previous-extended
accounts · AA01
2023-05-17
appoint-person-director-company-with-name-date
officers · AP01
2022-11-07
termination-director-company-with-name-termination-date
officers · TM01
2022-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-15
accounts-with-accounts-type-dormant
accounts · AA
2022-07-01