E.P. ENGINEERING COMPANY (DUNDEE) LIMITED

💤Zombieactive
SC063906 · ltd · incorporated 1978-01-19
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
not disclosed
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
ALSO REGISTERED FOR
  • 71121Engineering design activities for industrial process and production
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 47.2y

30/100
under pressure

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

  • · Oldest live charge is 47.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (55/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
121 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • 1 accounts
  • 1 officers
Last 180 days
3
filings
  • 2 accounts
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-01-28
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  2. 2026-01-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-01-10
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2025-12-30
    TORRANCE, Liam resigned
    director
  5. 2025-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-08-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  7. 2024-08-12
    🔒
    Charge registered #4
    Lender: Ecapital Commercial Finance (North) Limited
  8. 2024-08-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-08-07
    🔒
    Charge registered #3
    Lender: Ecapital Commercial Finance (North) Limited
  10. 2024-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2023-08-17
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  12. 2023-07-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2023-07-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2022-12-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-02-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2021-12-21
    MCKENZIE, Scott appointed
    director
  17. 2021-12-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2021-12-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2021-01-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2019-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2017-05-18
    ELDER, Bruce Stuart resigned
    director
  23. 2017-04-13
    TORRANCE, Liam appointed
    director
  24. 2017-03-17
    🔓
    Charge satisfied #2
  25. 2013-09-27
    COURT, Alexandra Mcintosh resigned
    secretary
  26. 2004-06-16
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  27. 1998-09-30
    COURT, Alexandra Mcintosh appointed
    secretary
  28. 1998-09-30
    ELDER, James resigned
    secretary
  29. 1998-09-30
    ELDER, James resigned
    director
  30. 1994-06-26
    ELDER, Marion resigned
    director
  31. 1991-03-29
    ELDER, Bruce Stuart appointed
    director
  32. 1979-02-06
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  33. 1978-01-19
    🏢
    Company incorporated
    As E.P. ENGINEERING COMPANY (DUNDEE) LIMITED

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 48 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Liam Torrance
Individual · British · DOB 11/1972 · age 54
75100%
75–100%board control75-100% shares · 75-100% voting · board control18/05/2017
1 historic (ceased) PSC
  • Mr Bruce Stuart Elderceased 18/05/2017· 75-100% shares · 75-100% voting · board control · significant influence

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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.

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Company details

Statusactive
Typeltd
Incorporated1978-01-19
Jurisdictionscotland
Primary SIC25620 — Machining

Registered office

Unit 1 Angus Works
Tannadice Street
Dundee
Tayside
DD3 7PT

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-08-29
Last: 2025-08-15

Officers (1 active · 6 resigned)

MCKENZIE, Scott
director · ~54y · appointed 2021-12-21
View their other companies + combined net worth →
Active
COURT, Alexandra Mcintosh
secretary · appointed 1998-09-30 · resigned 2013-09-27
Resigned
ELDER, James
secretary · resigned 1998-09-30
Resigned
ELDER, Bruce Stuart
director · ~67y · appointed 1991-03-29 · resigned 2017-05-18
Resigned
ELDER, James
director · ~89y · resigned 1998-09-30
Resigned
ELDER, Marion
director · ~87y · resigned 1994-06-26
Resigned
TORRANCE, Liam
director · ~54y · appointed 2017-04-13 · resigned 2025-12-30
Resigned

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

Mortgages & charges

4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Ecapital Commercial Finance (North)
Ecapital Commercial Finance (North) Limited
A registered charge12/08/2024
outstanding
Ecapital Commercial Finance (North)
Ecapital Commercial Finance (North) Limited
A registered charge07/08/2024
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property16/06/200417/03/2017
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property06/02/1979
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (121 total)

change-account-reference-date-company-current-shortened
accounts · AA01
2026-01-28
termination-director-company-with-name-termination-date
officers · TM01
2026-01-28
change-account-reference-date-company-previous-shortened
accounts · AA01
2026-01-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-08-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-18
second-filing-of-director-appointment-with-name
officers · RP04AP01
2023-08-17
change-person-director-company-with-change-date
officers · CH01
2023-07-19
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-29