LOCHFORM ENGINEERING SERVICES LIMITED

💤Zombieactive
SC070662 · ltd · incorporated 1980-02-18
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
year to Feb 2025
Net worth
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 70/100. Strong seller-intent signal (68/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 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 · oldest 33.2y

45/100
under pressure

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

  • · Oldest live charge is 33.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
2 officers (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Average employees00

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-05
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2024-11-04
    MILLER, James David resigned
    secretary
  5. 2023-11-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-10-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-10-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2020-10-26
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  11. 2019-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2016-08-16
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-05-10
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-05-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2003-05-21
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  18. 2002-10-23
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  19. 1993-02-16
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  20. 1993-02-03
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 1980-02-18
    🏢
    Company incorporated
    As LOCHFORM ENGINEERING SERVICES LIMITED

Owner dependency

90/100
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.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

85/100
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 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 46 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 Alexander Montgomery Clark
Individual · British · DOB 06/1947 · age 79
75100%
75-100% shares26/10/2020

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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1980-02-18
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Rockridge Low Causeway
Culross
Dunfermline
Fife
KY12 8HL
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-29
Last: 2025-09-15

Officers (1 active · 1 resigned)

CLARK, Alexander Montgomery
director · ~79y
View their other companies + combined net worth →
Active
MILLER, James David
secretary · resigned 2024-11-04
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property21/05/2003
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property23/10/2002
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property16/02/1993
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property03/02/1993
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (95 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-08
termination-secretary-company-with-name-termination-date
officers · TM02
2024-11-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-10-26
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2020-10-26