TORNADO WIRE LIMITED

📈Growthactive
SC064920 · ltd · incorporated 1978-05-19
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
  • · Hygiene score: 85 → 90
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • Hygiene score: 8590
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
£30.34M
year to Dec 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: SIC 25930
Sector: Manufacturing
Investor take
Pursue
Conservative operator with a 70-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 70). 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 (57/100).

🏦

Refinance opportunity

13 live charges · 4 lenders · oldest 33.2y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 33.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 53/100 (high).

Data confidence

Overall: high (82/100)

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
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
23 officers (6 active, 23 linked, 21 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
9 connected companies via shared directors
72
Filing history
185 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
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.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £4,170,106

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
Turnover£30.34M
Gross profit£8.15M
Operating profit£3.82M
Profit before tax£4.17M£2.10M
Average employees84008600

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
0
filings
Counts from Companies House filing history.
Corporate timeline (84 events)Click to expand
  1. 2025-09-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-05-31
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2025-05-26
    LOFGREN, Philip Jens Max resigned
    director
  4. 2024-09-25
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2024-09-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-09-14
    GALLEY, Rebecca Mary appointed
    director
  7. 2024-09-13
    HOGG, Peter John resigned
    director
  8. 2024-05-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2023-09-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2023-09-28
    PULLEN, Christopher Mark appointed
    director
  11. 2023-09-28
    DAKIN, Michael Derek Royston resigned
    director
  12. 2023-09-28
    LOFGREN, Philip Jens Max appointed
    director
  13. 2023-09-28
    NORDGRIP, Mattias resigned
    director
  14. 2023-09-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-09-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-09-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2023-09-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2023-09-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2023-09-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2023-09-18
    BRETHERTON, Alexander James appointed
    director
  21. 2023-09-18
    HALL, Lynn Julie resigned
    director
  22. 2023-08-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  23. 2022-11-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2022-11-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  25. 2022-11-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2022-11-22
    GUNBY, Matthew James appointed
    director
  27. 2022-11-22
    BERGEGARD, Fredrik resigned
    director
  28. 2022-11-22
    DAKIN, Michael Derek Royston appointed
    director
  29. 2022-08-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  30. 2022-08-01
    HOGG, Peter John appointed
    director
  31. 2022-07-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  32. 2022-07-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  33. 2022-07-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  34. 2022-07-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  35. 2022-07-19
    🔓
    Charge satisfied #13
  36. 2022-07-19
    🔓
    Charge satisfied #12
  37. 2022-07-19
    🔓
    Charge satisfied #10
  38. 2022-07-19
    🔓
    Charge satisfied #9
  39. 2022-07-19
    🔓
    Charge satisfied #11
  40. 2022-07-19
    🔓
    Charge satisfied #7
  41. 2022-07-12
    HALL, Lynn Julie appointed
    director
  42. 2022-01-17
    🔓
    Charge satisfied #8
  43. 2022-01-14
    MANTON, Daniel appointed
    director
  44. 2022-01-14
    CAMPBELL, Kenneth resigned
    secretary
  45. 2022-01-14
    BERGEGARD, Fredrik appointed
    director
  46. 2022-01-14
    HALL, Lynn Julie resigned
    director
  47. 2022-01-14
    MCKAY, Stevenson resigned
    director
  48. 2022-01-14
    MILLER, Jonathan resigned
    director
  49. 2022-01-14
    NORDGRIP, Mattias appointed
    director
  50. 2021-08-12
    HARRIS, Paul Walter resigned
    director
Showing most recent 50 of 84 events

Owner dependency

55/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • -6 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.

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

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

🏛️
Tornado Group Limited
Corporate parent · holds 75-100% shares
ultimate parent
TORNADO WIRE LIMITED
This company · SC064920

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
Tornado Group Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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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
Incorporated1978-05-19
Jurisdictionscotland
Primary SIC25930 — SIC 25930

Registered office

Muthill Road
Crieff
Perthshire
PH7 4HQ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-29
Last: 2025-11-15

Officers (6 active · 17 resigned)

BRETHERTON, Alexander James
director · ~53y · appointed 2023-09-18
View their other companies + combined net worth →
Active
CAMPBELL, Kenneth
director · ~70y
View their other companies + combined net worth →
Active
GALLEY, Rebecca Mary
director · ~46y · appointed 2024-09-14
View their other companies + combined net worth →
Active
GUNBY, Matthew James
director · ~38y · appointed 2022-11-22
View their other companies + combined net worth →
Active
MANTON, Daniel
director · ~42y · appointed 2022-01-14
View their other companies + combined net worth →
Active
PULLEN, Christopher Mark
director · ~56y · appointed 2023-09-28
View their other companies + combined net worth →
Active
BREESE, Iain Charles Dempster
secretary · resigned 2002-11-20
Resigned
CAMPBELL, Kenneth
secretary · appointed 2002-11-20 · resigned 2022-01-14
Resigned
BERGEGARD, Fredrik
director · ~55y · appointed 2022-01-14 · resigned 2022-11-22
Resigned
BRADNAM, Jerry
director · ~61y · appointed 2007-01-01 · resigned 2010-09-24
Resigned
BREESE, Iain Charles Dempster
director · ~85y · resigned 2002-11-20
Resigned
BURDON-COOPER, John Archibald
director · ~88y · resigned 2005-10-12
Resigned
DAKIN, Michael Derek Royston
director · ~56y · appointed 2022-11-22 · resigned 2023-09-28
Resigned
HALL, Lynn Julie
director · ~67y · appointed 2022-07-12 · resigned 2023-09-18
Resigned
HALL, Lynn Julie
director · ~67y · appointed 2007-09-03 · resigned 2022-01-14
Resigned
HANCOCK, Geoffrey Charles
director · ~84y · appointed 2001-09-01 · resigned 2005-10-12
Resigned
HARRIS, Paul Walter
director · ~61y · appointed 2013-05-01 · resigned 2021-08-12
Resigned
HOGG, Peter John
director · ~57y · appointed 2022-08-01 · resigned 2024-09-13
Resigned
LOFGREN, Philip Jens Max
director · ~44y · appointed 2023-09-28 · resigned 2025-05-26
Resigned
MCKAY, Stevenson
director · ~69y · appointed 1996-11-20 · resigned 2022-01-14
Resigned

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

Mortgages & charges

13
Total charges
0
Outstanding
0
Active lenders
Status:Lender:13 of 13 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property24/07/201719/07/2022
satisfied
HSBC
Hsbc Bank PLC
A registered charge1 property24/07/201719/07/2022
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property21/03/201119/07/2022
satisfied
HSBC
Hsbc Bank PLC
Legal mortgage1 property21/03/201119/07/2022
satisfied
HSBC
Hsbc Invoice Finance (UK) Limited
Floating charge1 property17/03/201119/07/2022
satisfied
HSBC
Hsbc Bank PLC
Standard security1 property08/03/201117/01/2022
satisfied
HSBC
Hsbc Bank PLC
Floating charge1 property21/01/201119/07/2022
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Standard security1 property28/10/200503/11/2011
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Legal mortgage2 properties19/10/200508/11/2011
satisfied
Aib Group (UK)
Aib Group (UK) PLC
Floating charge1 property19/10/200531/05/2011
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Legal charge1 property27/11/199511/04/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property06/07/199511/04/2006
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property22/03/199311/04/2006

Recent filings (185 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-01
accounts-with-accounts-type-full
accounts · AA
2025-09-04
termination-director-company-with-name-termination-date
officers · TM01
2025-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
appoint-person-director-company-with-name-date
officers · AP01
2024-09-25
termination-director-company-with-name-termination-date
officers · TM01
2024-09-25
accounts-with-accounts-type-full
accounts · AA
2024-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-27
termination-director-company-with-name-termination-date
officers · TM01
2023-09-29
appoint-person-director-company-with-name-date
officers · AP01
2023-09-28
appoint-person-director-company-with-name-date
officers · AP01
2023-09-28
termination-director-company-with-name-termination-date
officers · TM01
2023-09-28
termination-director-company-with-name-termination-date
officers · TM01
2023-09-20
appoint-person-director-company-with-name-date
officers · AP01
2023-09-20
change-person-director-company-with-change-date
officers · CH01
2023-09-20