NORMAND & THOMSON (HILLEND) LIMITED

🌳Matureactive
SC048282 · ltd · incorporated 1971-01-12
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
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: active trading company with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

7 live charges · 3 lenders · oldest 55.1y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 55.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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.

Recent activity

Last 30 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 90 days
5
filings
  • • 3 mortgage
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
5
filings
  • • 3 mortgage
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (49 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-02-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-02-10
    🔓
    Charge satisfied #6
  4. 2026-02-09
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  5. 2026-02-05
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2026-02-03
    🔒
    Charge registered #7
    Lender: Bank of Scotland PLC
  7. 2026-01-26
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC
  8. 2025-05-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-04-15
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  10. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2025-01-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2025-01-23
    🔓
    Charge satisfied #4
  13. 2024-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2024-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2024-05-20
    🔓
    Charge satisfied #3
  16. 2023-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-04-20
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  20. 2021-04-16
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  21. 2021-04-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2021-03-30
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  23. 2020-06-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2018-03-20
    ➖
    WALKER, David Mark resigned
    secretary
  26. 2018-03-20
    ➖
    FLOCKHART, John Henry resigned
    director
  27. 2018-03-20
    ➖
    FORRESTER, Brian Ray resigned
    director
  28. 2018-03-20
    ➖
    THOMSON, Alan Clark resigned
    director
  29. 2018-03-20
    ➖
    WALKER, David Mark resigned
    director
  30. 2018-03-20
    🔒
    Charge registered #3
    Lender: David Mark Walker
  31. 2016-09-01
    ➕
    MCALEESE, James Clement appointed
    director
  32. 2016-07-16
    🔓
    Charge satisfied #1
  33. 2016-04-05
    ➕
    CAITHNESS, Christopher Ian appointed
    director
  34. 2013-04-27
    ➕
    THOMSON, Alan Clark appointed
    director
  35. 2009-09-30
    ➖
    CASSIE, James resigned
    director
  36. 2009-02-25
    🔓
    Charge satisfied #2
  37. 2001-03-01
    ➕
    WALKER, David Mark appointed
    director
  38. 1999-06-17
    ➖
    ATKINSON, George Reynolds resigned
    director
  39. 1999-03-29
    ➖
    ATKINSON, George Reynolds resigned
    secretary
  40. 1999-03-29
    ➕
    WALKER, David Mark appointed
    secretary
  41. 1990-07-11
    ➖
    ATKINSON, George Reynolds resigned
    director
  42. 1989-08-14
    ➕
    ATKINSON, George Reynolds appointed
    director
  43. 1989-08-14
    ➕
    ATKINSON, George Reynolds appointed
    director
  44. 1989-06-20
    ➕
    CASSIE, James appointed
    director
  45. 1989-06-20
    ➖
    MITCHELL, James resigned
    director
  46. 1989-06-14
    ➖
    COOPER, Harold resigned
    director
  47. 1975-04-23
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  48. 1971-03-19
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  49. 1971-01-12
    🏢
    Company incorporated
    As NORMAND & THOMSON (HILLEND) 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 63 — approaching natural succession window.

Succession & seller-readiness

71/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 55 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

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

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

🏛️
Damato Engineering Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
NORMAND & THOMSON (HILLEND) LIMITED
This company · SC048282

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
Damato Engineering Limited
Corporate entity
75–100%
—75-100% shares20/03/2018
1 historic (ceased) PSC
  • Ridgeway Holdings Limitedceased 20/03/2018· 75-100% shares

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

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
Incorporated1971-01-12
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

Normand & Thomson Ridge Way, Hillend Industrial Estate
Dalgety Bay
Dunfermline
Fife
KY11 9JH
Scotland

Filing status

Accounts
Next due: 2027-10-31
Last made up to: 2026-01-31
Confirmation statement
Next due: 2027-04-17
Last: 2026-04-03

Officers (2 active · 11 resigned)

CAITHNESS, Christopher Ian→
director · ~44y · appointed 2016-04-05
View their other companies + combined net worth →
Active
MCALEESE, James Clement→
director · ~63y · appointed 2016-09-01
View their other companies + combined net worth →
Active
ATKINSON, George Reynolds→
secretary · resigned 1999-03-29
Resigned
WALKER, David Mark→
secretary · appointed 1999-03-29 · resigned 2018-03-20
Resigned
ATKINSON, George Reynolds→
director · ~87y · appointed 1989-08-14 · resigned 1990-07-11
Resigned
ATKINSON, George Reynolds→
director · ~87y · appointed 1989-08-14 · resigned 1999-06-17
Resigned
CASSIE, James→
director · ~83y · appointed 1989-06-20 · resigned 2009-09-30
Resigned
COOPER, Harold→
director · resigned 1989-06-14
Resigned
FLOCKHART, John Henry→
director · ~75y · resigned 2018-03-20
Resigned
FORRESTER, Brian Ray→
director · ~80y · resigned 2018-03-20
Resigned
MITCHELL, James→
director · resigned 1989-06-20
Resigned
THOMSON, Alan Clark→
director · ~75y · appointed 2013-04-27 · resigned 2018-03-20
Resigned
WALKER, David Mark→
director · ~68y · appointed 2001-03-01 · resigned 2018-03-20
Resigned

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

Mortgages & charges

7
Total charges
2
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property03/02/2026—
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property26/01/202610/02/2026
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—15/04/2025—
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—30/03/202123/01/2025
satisfied
David Mark Walker
A registered charge—20/03/201820/05/2024
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Grs fife standard security1 property23/04/197525/02/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
See doc 24 bond & floating charge1 property19/03/197116/07/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (130 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-22
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-10
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-09
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-05-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-23
mortgage-satisfy-charge-full
mortgage · MR04
2024-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-18