PILGRIM SYSTEMS LIMITED

🌳Matureactive

SC066475 · ltd · incorporated 1978-11-29

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

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

73/100

Strong

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Strong opportunity: dormant / non-trading with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: high (83/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

29 officers (2 active, 29 linked, 23 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

20 connected companies via shared directors

Filing history

198 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

73/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 101

Metric	2024-12-31	2023-12-31
Average employees	0	0

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

🔒Filing-note intelligence

1 signal 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

filings

Last 90 days

filings

Last 180 days

filings

• 2 officers

Counts from Companies House filing history.

Corporate timeline (72 events)Click to expand

2025-11-14
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-13
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-05-26
📄
accounts-with-accounts-type-full
accounts · AA
2022-07-07
📄
accounts-with-accounts-type-full
accounts · AA
2022-03-31
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-28
📄
accounts-with-accounts-type-full
accounts · AA
2021-05-21
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2021-05-14
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2021-04-06
📄
gazette-notice-compulsory
gazette · GAZ1
2021-03-03
📄
change-person-director-company-with-change-date
officers · CH01
2020-11-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-10-01
➖
GOUDY, Sarah resigned
director
2020-08-26
📄
accounts-with-accounts-type-full
accounts · AA
2020-02-25
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-11-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-11-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-10-02
➕
GOUDY, Sarah appointed
director
2019-08-22
📄
accounts-with-accounts-type-full
accounts · AA
2019-07-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-06-28
➕
ROWELL, Wayne David appointed
director
2019-06-28
➖
CORBIN, Stuart Nicholas resigned
director
2018-10-01
➕
CORBIN, Stuart Nicholas appointed
director
2018-10-01
➖
THORN, Peter resigned
director
2018-09-14
➕
MAJOR, Kimberley appointed
director
2018-09-14
➖
MITCHLEY, David Martin resigned
director
2016-12-08
➖
BECKER-SMITH, Cassandra resigned
director
2016-03-11
➖
JENNER, Susan Louise resigned
secretary
2015-10-23
➕
BECKER-SMITH, Cassandra appointed
director
2015-10-23
➖
CAMPBELL, Helen Elizabeth resigned
director
2013-07-10
➖
GREENER, Richard Owen resigned
secretary
2013-07-10
➕
JENNER, Susan Louise appointed
secretary
2013-04-05
➖
JENNER, Susan Louise resigned
director
2013-03-14
➕
CAMPBELL, Helen Elizabeth appointed
director
2013-03-14
➖
GREENER, Richard Owen resigned
director
2013-01-31
➖
SHAWKAT, Haydar Suham resigned
director
2012-12-13
➕
JENNER, Susan Louise appointed
director
2012-12-13
➕
THORN, Peter appointed
director
2011-12-06
➕
GREENER, Richard Owen appointed
secretary
2011-12-06
➖
MCCLOSKEY, Michael resigned
secretary
2011-12-06
➖
CUMMINGS, James Cook resigned
director
2011-12-06
➕
GREENER, Richard Owen appointed
director
2011-12-06
➖
KENNEDY, Colin Cameron resigned
director
2011-12-06
➕
MITCHLEY, David Martin appointed
director
2011-12-06
➕
SHAWKAT, Haydar Suham appointed
director
2011-12-06
➖
WALLACE, Michael Weir resigned
director
2011-06-10
➖
BOYLE, Robin resigned
director
2008-10-17
➖
THORPE, David resigned
director
2007-10-01
➕
KENNEDY, Colin Cameron appointed
director

Showing most recent 50 of 72 events

Owner dependency

58/100

Moderate — manageable with handover

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondaryStable-but-static management: Company is 47 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.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️

Tr Organisation 1

Corporate parent · holds 25-50% shares

significant stake

🏛️

Rufeta Unlimited

Corporate parent · holds 50-75% shares

majority

⬇

PILGRIM SYSTEMS LIMITED

This company · SC066475

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Rufeta Unlimited Corporate entity	50–75%	50–75%	50-75% shares · 50-75% voting	06/04/2016
Tr Organisation 1 Corporate entity	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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 →

Similar companies

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ONYX FACILITIES MANAGEMENT LTD→ SC835536 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
PALATINE GROWTH CREDIT (GP) LIMITED→ SC775523 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
PANTOMIME (SCOTTISH) GP 1 LIMITED→ SC302026 · est 2006 · no financials extracted	—	—	—	—	19y	—	—
PATRIA EUROPE 1 (GP) LIMITED→ SC776441 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
PGIM (SCOTS) LIMITED→ SC198719 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
PHLOX HOLDINGS UK LIMITED→ SC848227 · est 2025 · no financials extracted	—	—	—	—	—	—	—
PINKLING HOLDING LTD→ SC833315 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
PINPOINT ONLINE LIMITED→ SC316444 · est 2007 · no financials extracted	—	—	—	—	19y	—	—
PIP INFRASTRUCTURE MANAGERS LIMITED→ SC327270 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
PIP MULTI-STRATEGY INFRASTRUCTURE (SCOTLAND) LIMITED→ SC501212 · est 2015 · no financials extracted	—	—	—	—	11y	—	—
PMP GROUP LIMITED→ SC721776 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
PPLM1 LTD→ SC800073 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated1978-11-29

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

83 Princes Street

Edinburgh

Lothian Region

EH2 2ER

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-06-03

Last: 2025-05-20

Officers (2 active · 27 resigned)

MAJOR, Kimberley→

director · ~41y · appointed 2018-09-14

View their other companies + combined net worth →

Active

ROWELL, Wayne David→

director · ~44y · appointed 2019-06-28

View their other companies + combined net worth →

Active

GRANT, Colin Alexander→

secretary · appointed 1991-10-14 · resigned 1991-10-14

Resigned

GREENER, Richard Owen→

secretary · appointed 2011-12-06 · resigned 2013-07-10

Resigned

JENNER, Susan Louise→

secretary · appointed 2013-07-10 · resigned 2016-03-11

Resigned

MCCLOSKEY, Michael→

secretary · appointed 2005-10-13 · resigned 2011-12-06

Resigned

MURRAY, Nicholas John→

secretary · resigned 2005-07-29

Resigned

BECKER-SMITH, Cassandra→

director · ~47y · appointed 2015-10-23 · resigned 2016-12-08

Resigned

BOYLE, Robin→

director · ~64y · appointed 2006-02-01 · resigned 2011-06-10

Resigned

BOYLE, Robin→

director · ~64y · appointed 1999-07-23 · resigned 2001-11-30

Resigned

CAMPBELL, Helen Elizabeth→

director · ~58y · appointed 2013-03-14 · resigned 2015-10-23

Resigned

CORBIN, Stuart Nicholas→

director · ~62y · appointed 2018-10-01 · resigned 2019-06-28

Resigned

CUMMINGS, James Cook→

director · ~78y · resigned 2011-12-06

Resigned

CURRIE, James Henderson Macrae→

director · ~78y · resigned 1993-05-07

Resigned

FRASER, David John→

director · ~78y · appointed 1999-07-23 · resigned 2003-07-17

Resigned

GOUDY, Sarah→

director · ~43y · appointed 2019-10-02 · resigned 2020-10-01

Resigned

GRANT, Colin Alexander→

director · ~71y · appointed 1991-10-14 · resigned 1991-10-14

Resigned

GREENER, Richard Owen→

director · ~67y · appointed 2011-12-06 · resigned 2013-03-14

Resigned

HORTON, Graham Denis→

director · resigned 1991-10-14

Resigned

JENNER, Susan Louise→

director · ~71y · appointed 2012-12-13 · resigned 2013-04-05

Resigned

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

Recent filings (198 total)

change-person-director-company-with-change-date

officers · CH01

2025-11-14

change-person-director-company-with-change-date

officers · CH01

2025-11-13

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-09-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-29

accounts-with-accounts-type-dormant

accounts · AA

2024-09-23

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-06-09

accounts-with-accounts-type-full

accounts · AA

2023-05-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-08-16

accounts-with-accounts-type-full

accounts · AA

2022-07-07

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2022-03-31

accounts-with-accounts-type-full

accounts · AA

2021-09-28

gazette-filings-brought-up-to-date

gazette · DISS40

2021-05-21

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-05-20

dissolved-compulsory-strike-off-suspended

dissolution · DISS16(SOAS)

2021-05-14