E.M.S. EUROWELD LIMITED
💤Zombieactive
SC094303 · ltd · incorporated 1985-07-15
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
—
book net assets
Opportunity
66/100
Strong
What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)Distressed active trading company — structural issues outweigh the discount.
Opportunity 66/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 40.5y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 40.5 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
6 officers (0 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 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
66/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Average employees | 400 | 400 |
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
1
filing
- • 1 officers
Last 90 days
1
filing
- • 1 officers
Last 180 days
2
filings
- • 1 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
- 2026-04-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-22➖HUTTON, Lindsay Alexander resigneddirector
- 2025-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-02-27➕HUTTON, Lindsay Alexander appointeddirector
- 2025-02-27➖MACDONALD, Iain resigneddirector
- 2024-05-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-05-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-07-11🔓Charge satisfied #4
- 2017-06-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-06-24🔓Charge satisfied #3
- 2017-01-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2017-01-20➖MACDONALD, Iain resignedsecretary
- 2017-01-20➖MACDONALD, John resigneddirector
- 2013-11-28➕MACDONALD, Iain appointeddirector
- 2013-06-17🔒Charge registered #6Lender: National Westminster Bank PLC
- 2013-05-29🔒Charge registered #5Lender: National Westminster Bank PLC
- 2001-08-06➕MACDONALD, Iain appointedsecretary
- 2001-08-06➖PIRIE, James resignedsecretary
- 2001-08-06➖PIRIE, James resigneddirector
- 1994-01-20🔓Charge satisfied #1
- 1993-12-17🔒Charge registered #4Lender: Clydesdale Bank Public Limited Company
- 1993-11-23🔓Charge satisfied #2
- 1993-11-02🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1986-02-05🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1985-11-11🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1985-07-15🏢Company incorporatedAs E.M.S. EUROWELD LIMITED
Owner dependency
50/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- secondaryStable-but-static management: Company is 41 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 med ·No active directors on record
highCompany is active but has no current directors in the register. This is unusual and should be investigated.
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Mcdonald Individual · British · DOB 03/1944 · age 82 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/01/2017 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| GEMS TALENT LTD→ SC807076 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GLASS STRUCTURES SCOTLAND LIMITED→ SC796992 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| GMANINI LTD→ SC878711 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| GOLD STAR SUBSEA LTD→ SC474470 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| GREY MATTERS (SCOTLAND) LIMITED→ SC436332 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| GREYBAY CONSULTING LTD→ SC634300 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| GRIFFIN SOLUTIONS LIMITED→ SC455401 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| GROUNDED AGRONOMY LIMITED→ SC868158 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GSG ENGINEERING CONSULTANTS LTD→ SC828876 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| HALL MECHANICAL DESIGN LIMITED→ SC401177 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| HATHAWAY LANE LIMITED→ SC390032 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| HEALTH & SAFETY FOR BUSINESS LTD→ SC588312 · est 2018 · no financials extracted | — | — | — | — | 8y | — | — |
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
Incorporated1985-07-15
Jurisdictionscotland
Primary SIC71129 — Other engineering activities
Registered office
203 Strathmartine Road
Dundee
DD3 8PH
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-01-28
Last: 2026-01-14
Officers (0 active · 6 resigned)
MACDONALD, Iain→
Resignedsecretary · appointed 2001-08-06 · resigned 2017-01-20
PIRIE, James→
Resignedsecretary · resigned 2001-08-06
HUTTON, Lindsay Alexander→
Resigneddirector · ~53y · appointed 2025-02-27 · resigned 2026-04-22
MACDONALD, Iain→
Resigneddirector · ~60y · appointed 2013-11-28 · resigned 2025-02-27
MACDONALD, John→
Resigneddirector · ~82y · resigned 2017-01-20
PIRIE, James→
Resigneddirector · ~81y · resigned 2001-08-06
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 17/06/2013 | — | |
| outstanding | National Westminster Bank National Westminster Bank PLC | A registered charge | 1 property | 29/05/2013 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 17/12/1993 | 11/07/2017 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 02/11/1993 | 24/06/2017 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 05/02/1986 | 23/11/1993 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 11/11/1985 | 20/01/1994 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (109 total)
termination-director-company-with-name-termination-date
officers · TM01
2026-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-22
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
termination-director-company-with-name-termination-date
officers · TM01
2025-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-27