EDWARDS ENGINEERING (PERTH) LIMITED

📉Decliningactive
SC046562 · ltd · incorporated 1969-05-05
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 Dec 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: leverage-led grower with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 75/100. 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 (85/100).

🏦

Refinance opportunity

6 live charges · 2 lenders · oldest 35.2y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 35.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (81/100)

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 9 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
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £436,175

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Profit before tax£436.2k£993.5k
Average employees41005100

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 (38 events)Click to expand
  1. 2025-08-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2024-04-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  3. 2023-12-28
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2022-12-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  5. 2022-05-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-05-18
    ➖
    KIRK, Alexander resigned
    director
  7. 2021-07-25
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2020-03-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-06-11
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2019-06-06
    🔒
    Charge registered #7
    Lender: Barclays Bank PLC
  12. 2018-08-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-10-13
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  15. 2016-08-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2016-08-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2016-08-17
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2016-08-17
    🔓
    Charge satisfied #4
  19. 2016-08-17
    🔓
    Charge satisfied #1
  20. 2016-08-11
    🔒
    Charge registered #6
    Lender: Barclays Bank PLC
  21. 2016-08-03
    ➕
    ALEXANDER, David Turnbull appointed
    director
  22. 2016-08-03
    ➕
    CARTER, Benjamin Alfred appointed
    director
  23. 2016-08-03
    ➖
    EDWARDS, Graham resigned
    secretary
  24. 2016-08-03
    ➖
    EDWARDS, Graham resigned
    director
  25. 2016-08-03
    ➖
    EDWARDS, Innes resigned
    director
  26. 2016-08-03
    ➖
    EDWARDS, Michael resigned
    director
  27. 2016-08-03
    🔒
    Charge registered #5
    Lender: Barclays Bank PLC
  28. 2016-05-20
    🔓
    Charge satisfied #3
  29. 2013-04-30
    ➖
    CAMPBELL, Donald Neil resigned
    director
  30. 2007-11-01
    ➕
    KIRK, Alexander appointed
    director
  31. 2006-03-11
    ➖
    EDWARDS, Agnes Gray resigned
    director
  32. 1996-04-11
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  33. 1995-11-17
    ➖
    EDWARDS, Henry Chalmers resigned
    director
  34. 1993-05-17
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  35. 1993-04-07
    ➕
    EDWARDS, Graham appointed
    secretary
  36. 1993-04-07
    ➖
    MESSRS J W WYLLIE & HENDERSON resigned
    corporate-secretary
  37. 1991-03-18
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  38. 1969-05-05
    🏢
    Company incorporated
    As EDWARDS ENGINEERING (PERTH) LIMITED

Owner dependency

66/100
High — earn-out structure required

Material 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

56/100
Strong succession signal

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

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.
  • secondaryStable-but-static management: Company is 57 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

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

🏛️
Cartalex Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
EDWARDS ENGINEERING (PERTH) LIMITED
This company · SC046562

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
Cartalex Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control03/08/2016

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

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
Incorporated1969-05-05
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Glenearn Road
Perth
PH2 0NJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-03
Last: 2025-12-20

Officers (2 active · 9 resigned)

ALEXANDER, David Turnbull→
director · ~58y · appointed 2016-08-03
View their other companies + combined net worth →
Active
CARTER, Benjamin Alfred→
director · ~51y · appointed 2016-08-03
View their other companies + combined net worth →
Active
EDWARDS, Graham→
secretary · appointed 1993-04-07 · resigned 2016-08-03
Resigned
MESSRS J W WYLLIE & HENDERSON→
corporate-secretary · resigned 1993-04-07
Resigned
CAMPBELL, Donald Neil→
director · ~78y · resigned 2013-04-30
Resigned
EDWARDS, Agnes Gray→
director · ~101y · resigned 2006-03-11
Resigned
EDWARDS, Graham→
director · ~72y · resigned 2016-08-03
Resigned
EDWARDS, Henry Chalmers→
director · ~104y · resigned 1995-11-17
Resigned
EDWARDS, Innes→
director · ~66y · resigned 2016-08-03
Resigned
EDWARDS, Michael→
director · ~77y · resigned 2016-08-03
Resigned
KIRK, Alexander→
director · ~70y · appointed 2007-11-01 · resigned 2022-05-18
Resigned

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

Mortgages & charges

6
Total charges
3
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Barclays
Barclays Bank PLC
A registered charge—06/06/2019—
outstanding
Barclays
Barclays Bank PLC
A registered charge1 property11/08/2016—
outstanding
Barclays
Barclays Bank PLC
A registered charge—03/08/2016—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property11/04/199617/08/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property17/05/199320/05/2016
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property18/03/199117/08/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-22
accounts-with-accounts-type-full
accounts · AA
2025-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-10
accounts-with-accounts-type-full
accounts · AA
2024-04-11
accounts-with-accounts-type-full
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-full
accounts · AA
2022-12-22
termination-director-company-with-name-termination-date
officers · TM01
2022-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-29
accounts-with-accounts-type-full
accounts · AA
2021-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-26