SWISSMATIC LIMITED
🌳Matureactive
SC070065 · ltd · incorporated 1979-11-26
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 41.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£3.21M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle with a 74-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
2 live charges · oldest 41.6y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 41.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
91 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £3,214,961
Net assets shrinking
Down £57,786 YoY
Cash YoY
-2%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£1.4m
↓ 1.6% YoY
Net Worth
£3.2m
↓ 1.8% YoY
Current Assets
£2.3m
↓ 2.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £3.98M | £3.86M |
| Current assets | £2.31M | £2.36M |
| Cash | £1.43M | £1.45M |
| Debtors | £506.4k | £530.3k |
| Net assets | £3.21M | £3.27M |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
- 2025-06-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-06📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-01-06🔓Charge satisfied #2
- 2022-01-06🔓Charge satisfied #1
- 2021-08-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-06-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-10-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-06📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-29📄resolutionresolution · RESOLUTIONS
- 2015-09-29📄statement-of-companys-objectschange-of-constitution · CC04
- 2015-09-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 1996-06-15➖CORBALLY, Thomas resigneddirector
- 1990-09-01➕CORBALLY, Clare appointeddirector
- 1984-12-18🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1984-09-20🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1979-11-26🏢Company incorporatedAs SWISSMATIC LIMITED
Owner dependency
91/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 74 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 46 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Calvert Corbally Individual · British · DOB 04/1952 · age 74 | 25–50% | — | 25-50% shares | 07/07/2016 |
Mrs Clare Corbally Individual · British · DOB 08/1953 · age 73 | 25–50% | — | 25-50% shares | 07/07/2016 |
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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|---|---|---|---|---|---|---|---|
| ODOUR GUARD BAGS LTD→ SC848214 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RAPIDFORM 3D LIMITED→ SC880876 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| RS MOTORSPORT BY ROBERT STUART LTD→ SC673533 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SALTIRE LIFT SERVICES LTD→ SC463630 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SANY HEAVY MACHINERY (UK) LTD→ SC656507 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| SCOBBIE CAMPERS LTD→ SC699961 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SUNCURE PATCH COMPANY LIMITED→ SC777798 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| T. SHANKS ENGINEERING LTD→ SC638380 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| TEPP EXTRUSION LIMITED→ SC457954 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| THE RITUAL WORKS LTD→ SC606024 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| THE WEE CAMPER CO. LTD→ SC656504 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
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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
Incorporated1979-11-26
Jurisdictionscotland
Primary SIC25620 — Machining
Registered office
19-21 Canyon Road
Netherton Industrial Estate
Wishaw
ML2 0EG
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-07-21
Last: 2025-07-07
Officers (3 active · 1 resigned)
Active
CORBALLY, Clare→
Activedirector · ~73y · appointed 1990-09-01
View their other companies + combined net worth →
Active
CORBALLY, Thomas→
Resigneddirector · ~104y · resigned 1996-06-15
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 18/12/1984 | 06/01/2022 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 20/09/1984 | 06/01/2022 |
Recent filings (91 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
mortgage-satisfy-charge-full
mortgage · MR04
2022-01-06
mortgage-satisfy-charge-full
mortgage · MR04
2022-01-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-26