S. KORONKA (MANUFACTURING) LIMITED

💤Zombieactive
SC056866 · ltd · incorporated 1974-12-16
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 25290
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (65/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

9 live charges · 4 lenders · oldest 42.1y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 42.1 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
75
Lenders & charges
9 charges (9/9 with lender, 9/9 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
134 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

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

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
Average employees26002600

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
  1. 2025-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  8. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-08-15
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  11. 2025-08-15
    🔓
    Charge satisfied #9
  12. 2025-08-15
    🔓
    Charge satisfied #8
  13. 2025-08-15
    🔓
    Charge satisfied #7
  14. 2025-08-15
    🔓
    Charge satisfied #6
  15. 2025-08-15
    🔓
    Charge satisfied #5
  16. 2025-08-15
    🔓
    Charge satisfied #4
  17. 2025-08-15
    🔓
    Charge satisfied #3
  18. 2025-08-15
    🔓
    Charge satisfied #2
  19. 2025-08-15
    🔓
    Charge satisfied #1
  20. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2021-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2020-09-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2019-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2018-10-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2018-10-26
    🔒
    Charge registered #9
    Lender: Gbf Capital Limited
  28. 2018-10-26
    🔒
    Charge registered #8
    Lender: Trevor Paul Koronka
  29. 2017-11-16
    🔒
    Charge registered #7
    Lender: Gbf Capital Limited
  30. 2017-11-16
    🔒
    Charge registered #6
    Lender: Trevor Paul Koronka
  31. 2016-11-17
    🔒
    Charge registered #5
    Lender: Gbf Capital Limited
  32. 2016-11-17
    🔒
    Charge registered #4
    Lender: Trevor Paul Koronka
  33. 2011-12-09
    KORONKA, Frank resigned
    director
  34. 1995-11-30
    KORONKA, Stanley resigned
    director
  35. 1995-03-30
    KORONKA, Margaret Nelson resigned
    director
  36. 1995-03-30
    KORONKA, Vincent Nigel resigned
    director
  37. 1995-03-13
    KORONKA, Trevor Paul appointed
    secretary
  38. 1995-03-13
    KORONKA, Vincent Nigel resigned
    secretary
  39. 1995-03-13
    KORONKA, Frank appointed
    director
  40. 1995-03-13
    KORONKA, Stanley appointed
    director
  41. 1992-05-28
    KORONKA, Frank resigned
    director
  42. 1988-06-30
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  43. 1988-04-25
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  44. 1984-03-26
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  45. 1974-12-16
    🏢
    Company incorporated
    As S. KORONKA (MANUFACTURING) LIMITED

Owner dependency

98/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "KORONKA" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 51 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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Trevor Paul Koronka
Individual · British · DOB 04/1964 · age 62
75100%
75-100% shares20/11/2016

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

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
Incorporated1974-12-16
Jurisdictionscotland
Primary SIC25290 — SIC 25290

Registered office

1 Clashburn Road Bridgend
Kinross
Kinross Shire
KY13 8GB

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-10
Last: 2026-02-24

Officers (2 active · 6 resigned)

KORONKA, Trevor Paul
secretary · appointed 1995-03-13
View their other companies + combined net worth →
Active
KORONKA, Trevor Paul
director · ~62y
View their other companies + combined net worth →
Active
KORONKA, Vincent Nigel
secretary · resigned 1995-03-13
Resigned
KORONKA, Frank
director · ~80y · appointed 1995-03-13 · resigned 2011-12-09
Resigned
KORONKA, Frank
director · ~80y · resigned 1992-05-28
Resigned
KORONKA, Margaret Nelson
director · ~86y · resigned 1995-03-30
Resigned
KORONKA, Stanley
director · ~72y · appointed 1995-03-13 · resigned 1995-11-30
Resigned
KORONKA, Vincent Nigel
director · ~60y · resigned 1995-03-30
Resigned

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

Mortgages & charges

9
Total charges
0
Outstanding
0
Active lenders
Status:Lender:9 of 9 shown
TypeProperties
satisfied
Gbf Capital
Gbf Capital Limited
A registered charge2 properties26/10/201815/08/2025
satisfied
Trevor Paul Koronka
A registered charge3 properties26/10/201815/08/2025
satisfied
Gbf Capital
Gbf Capital Limited
A registered charge2 properties16/11/201715/08/2025
satisfied
Trevor Paul Koronka
A registered charge3 properties16/11/201715/08/2025
satisfied
Gbf Capital
Gbf Capital Limited
A registered charge2 properties17/11/201615/08/2025
satisfied
Trevor Paul Koronka
A registered charge3 properties17/11/201615/08/2025
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties30/06/198815/08/2025
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property25/04/198815/08/2025
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property26/03/198415/08/2025

Recent filings (134 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
mortgage-satisfy-charge-full
mortgage · MR04
2025-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29