ABATRON LIMITED

💤Zombieactive
SC067980 · ltd · incorporated 1979-05-15
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
What changed my view
Last 30 days

No material changes in the last 30 days.

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
—
not disclosed
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 21100
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 43.0y

30/100
under pressure

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

  • · Oldest live charge is 43.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (1 active, 5 linked, 4 with DOB)
86
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
103 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

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 (29 events)Click to expand
  1. 2025-11-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-09-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2024-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-05-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-02-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-10-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-04-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-09-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2021-09-20
    ➖
    INMAN, Lee Michael resigned
    director
  10. 2021-09-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2021-03-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-11-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2020-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-12-01
    ➕
    INMAN, Lee Michael appointed
    director
  15. 2019-10-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2019-10-30
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  17. 2019-10-24
    ➖
    GOLDSWORTH, John Graham resigned
    secretary
  18. 2019-09-24
    ➖
    GOLDSWORTH, John Graham resigned
    director
  19. 2019-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2018-06-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  21. 2008-11-11
    ➖
    EVANS, John Barry resigned
    director
  22. 2008-10-22
    ➕
    MCMORRAN, Richard John, Mr. appointed
    director
  23. 2003-10-01
    🔓
    Charge satisfied #5
  24. 1993-10-13
    🔓
    Charge satisfied #2
  25. 1993-09-10
    🔒
    Charge registered #5
    Lender: Midland Bank PLC
  26. 1993-08-12
    🔒
    Charge registered #4
    Lender: Midland Bank PLC
  27. 1986-09-05
    🔒
    Charge registered #2
    Lender: Barclays Bank PLC
  28. 1983-07-05
    🔒
    Charge registered #1
    Lender: Barclays Bank PLC
  29. 1979-05-15
    🏢
    Company incorporated
    As ABATRON LIMITED

Owner dependency

100/100
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.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

98/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 47 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

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
NameSharesVoting rightsNature of controlNotified
Mr Richard John Mcmorran
Individual · British · DOB 01/1949 · age 77
——sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Mr John Graham Goldsworthceased 23/02/2024· significant influence

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

Active · Manufacturing · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GAEL FORCE GROUP LIMITED→
SC229244 · est 2002
£23.82M
£18.53M–£29.11M
——170024y8362y
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SC394817 · est 2011
£1.26M
£977.0k–£1.54M
——470015y8262y
HENDRY HYDRAULICS LIMITED→
SC059511 · est 1976
£331.6k
£257.9k–£405.3k
——9150y8775y
ANTA SCOTLAND LIMITED→
SC156285 · est 1995
———3031y8369y
JAMES JOHNSTON & CO. OF ELGIN LIMITED→
SC022553 · est 1943 · no financials extracted
————82y8370y
MUIRTON CONTROL & AUTOMATION LTD→
SC395862 · est 2011
——£418.0k—15y8358y
MUNRO SAWMILLS LTD.→
SC228923 · est 2002 · no financials extracted
————24y8376y
STRATH PRINT LTD.→
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——£12.4k—26y8374y
HIGHLAND BODYSHOP LTD→
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——£148.5k—21y8273y
INVERFAB LTD.→
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——£558.6k—24y8280y
MACKAY STEELWORK & CLADDING LIMITED→
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1979-05-15
Jurisdictionscotland
Primary SIC21100 — SIC 21100

Registered office

62 Findhorn
Forres
IV36 3YF
Scotland

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-11-21
Last: 2025-11-07

Officers (1 active · 4 resigned)

MCMORRAN, Richard John, Mr.→
director · ~77y · appointed 2008-10-22
View their other companies + combined net worth →
Active
GOLDSWORTH, John Graham→
secretary · resigned 2019-10-24
Resigned
EVANS, John Barry→
director · ~97y · resigned 2008-11-11
Resigned
GOLDSWORTH, John Graham→
director · ~97y · resigned 2019-09-24
Resigned
INMAN, Lee Michael→
director · ~50y · appointed 2019-12-01 · resigned 2021-09-20
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Midland Bank
Midland Bank PLC
Legal charge1 property10/09/199301/10/2003
outstanding
Midland Bank
Midland Bank PLC
Floating charge1 property12/08/1993—
satisfied
Barclays
Barclays Bank PLC
Legal charge1 property05/09/198613/10/1993
outstanding
Barclays
Barclays Bank PLC
Bond & floating charge1 property05/07/1983—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (103 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2023-10-09
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-06
termination-director-company-with-name-termination-date
officers · TM01
2021-09-23
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-03-23