CETA (PRECISION ENGINEERING) LIMITED

🌳Matureactive
SC081414 · ltd · incorporated 1983-01-11
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 43.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£838.1k
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
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. 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 (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 43.2y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 43.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (78/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 8 with DOB)
85
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
109 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £838,108
Net assets shrinking
Down £103,921 YoY
Cash YoY
-1%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£529k
↓ 1.3% YoY
Net Worth
£838k
↓ 11% YoY
Current Assets
£736k
↓ 11% YoY
Current Liabilities
£0£188k£377k£565k£754k£942kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£903.1k£973.5k
Current assets£735.7k£824.6k
Cash£529.4k£536.5k
Debtors£190.7k£251.8k
Net assets£838.1k£942.0k

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 (32 events)Click to expand
  1. 2025-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-07-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2017-09-26
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  11. 2017-09-26
    📄
    capital-name-of-class-of-shares
    capital · SH08
  12. 2017-09-26
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  13. 2017-09-26
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2017-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2016-07-05
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-07-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2014-05-29
    MCHARG, Andrew resigned
    director
  18. 2014-05-29
    MURRAY, James Edward resigned
    director
  19. 2014-05-28
    KERR, Stuart Walter Stephen appointed
    secretary
  20. 2014-05-28
    MURRAY, James Edward resigned
    secretary
  21. 2013-12-19
    KERR, Stuart Walter Stephen appointed
    director
  22. 2013-12-19
    LAW, David appointed
    director
  23. 2013-12-19
    TAIT, Kevin Robert appointed
    director
  24. 2013-04-30
    HOLT, John resigned
    director
  25. 1995-02-27
    🔓
    Charge satisfied #2
  26. 1994-01-31
    HOFFMAN, Hartmut resigned
    director
  27. 1991-09-27
    STEEL, William Robert resigned
    director
  28. 1991-07-08
    SWANSTON, William resigned
    director
  29. 1986-05-28
    🔒
    Charge registered #5
    Lender: Scottish Development Agency
  30. 1983-02-21
    🔒
    Charge registered #2
    Lender: Scottish Development Agency
  31. 1983-02-21
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  32. 1983-01-11
    🏢
    Company incorporated
    As CETA (PRECISION ENGINEERING) LIMITED

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondary12+ year tenure: Director in role 12 years.
  • secondaryStable-but-static management: Company is 43 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Kevin Robert Tait
Individual · British · DOB 12/1972 · age 54
2550%
25-50% shares06/04/2017
Mr David Law
Individual · British · DOB 09/1976 · age 50
2550%
25-50% shares06/04/2017
Mr Stuart Walter Stephen Kerr
Individual · British · DOB 03/1967 · age 59
2550%
25-50% shares06/04/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1983-01-11
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Unit 4, Block 1 Tweedbank Industrial Estate
Galashiels
Selkirkshire
TD1 3RS
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-06-18
Last: 2025-06-04

Officers (4 active · 7 resigned)

KERR, Stuart Walter Stephen
secretary · appointed 2014-05-28
View their other companies + combined net worth →
Active
KERR, Stuart Walter Stephen
director · ~59y · appointed 2013-12-19
View their other companies + combined net worth →
Active
LAW, David
director · ~50y · appointed 2013-12-19
View their other companies + combined net worth →
Active
TAIT, Kevin Robert
director · ~54y · appointed 2013-12-19
View their other companies + combined net worth →
Active
MURRAY, James Edward
secretary · resigned 2014-05-28
Resigned
HOFFMAN, Hartmut
director · ~101y · resigned 1994-01-31
Resigned
HOLT, John
director · ~75y · resigned 2013-04-30
Resigned
MCHARG, Andrew
director · ~76y · resigned 2014-05-29
Resigned
MURRAY, James Edward
director · ~76y · resigned 2014-05-29
Resigned
STEEL, William Robert
director · ~99y · resigned 1991-09-27
Resigned
SWANSTON, William
director · resigned 1991-07-08
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Scottish Development Agency
Bond for further loan1 property28/05/1986
satisfied
Scottish Development Agency
Instrument of charge1 property21/02/198327/02/1995
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property21/02/1983
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (109 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-17
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-06-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-22
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-15
confirmation-statement-with-updates
confirmation-statement · CS01
2020-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2019-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-07-25