AUBIN LIMITED

🌳Matureactive

SC098401 · ltd · incorporated 1986-04-14

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

Why now

Window closing · medium confidence

Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.

· Deal-killer verdict: clean → workable

What changed my view

Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

↑Deal-killer verdict: clean → workable

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

—

year to Dec 2025

Net worth

—

book net assets

Opportunity

78/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 20140

Sector: Manufacturing

ALSO REGISTERED FOR

41201Construction of commercial buildings

Investor take

Pursue

Active trading company with a 67-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 36.2y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 36.2 years old — likely at or near maturity.
· 4 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (73/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

22 officers (4 active, 22 linked, 17 with DOB)

Ownership & PSC

1 active PSC(s) of 5 total, 5 with control declared

Director network

4 connected companies via shared directors

Filing history

211 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2025-12-31
Average employees	300

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

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 change-of-constitution
• 1 incorporation

Counts from Companies House filing history.

Corporate timeline (73 events)Click to expand

2026-05-21
📄
accounts-with-accounts-type-small
accounts · AA
2026-02-05
📄
statement-of-companys-objects
change-of-constitution · CC04
2026-02-05
📄
memorandum-articles
incorporation · MA
2025-05-29
📄
accounts-with-accounts-type-small
accounts · AA
2024-05-21
📄
accounts-with-accounts-type-small
accounts · AA
2024-02-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2024-02-28
🔓
Charge satisfied #7
2023-09-29
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-29
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-29
🔓
Charge satisfied #2
2023-09-29
🔓
Charge satisfied #1
2023-09-03
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-03
🔓
Charge satisfied #9
2023-08-08
📄
accounts-with-accounts-type-small
accounts · AA
2023-02-06
📄
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-06
🔓
Charge satisfied #5
2022-12-21
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2022-12-20
📄
gazette-notice-compulsory
gazette · GAZ1
2022-09-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-09-16
🔓
Charge satisfied #8
2022-06-08
📄
memorandum-articles
incorporation · MA
2022-06-08
📄
resolution
resolution · RESOLUTIONS
2022-06-08
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-08
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-06-08
📄
change-account-reference-date-company-current-extended
accounts · AA01
2022-06-08
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-08
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-06
➕
DE JONG, Foort appointed
director
2022-06-06
➕
MILLER, Scott appointed
director
2022-06-06
➕
TURCI, Maurizio appointed
director
2022-06-06
➖
BIRNIE, Laura Jane resigned
director
2022-06-06
➖
COLLINS, Patrick Joseph resigned
director
2022-06-06
➖
GIFFORD, Catriona Janet resigned
director
2022-06-06
➖
PHILIP, Graham Martin resigned
director
2022-06-06
➖
PUGH, Richard John resigned
director
2022-06-06
➖
STIRTON, Raymond Adam resigned
director
2021-12-22
🔓
Charge satisfied #6
2020-07-01
➕
BIRNIE, Laura Jane appointed
director
2020-05-18
➖
HENDERSON, Andrew Alexander resigned
director
2020-03-10
🔒
Charge registered #9
Lender: Bank of Scotland PLC
2020-01-14
🔒
Charge registered #8
Lender: Scottish Enterprise
2018-07-01
➕
HENDERSON, Andrew Alexander appointed
director
2016-02-24
🔒
Charge registered #7
Lender: Lloyds Bank Commercial Finance Limited
2016-02-03
➖
PAYNE, John Anthony resigned
director
2015-11-25
➖
MUNRO, Simon resigned
director
2015-11-25
➕
PUGH, Richard John appointed
director
2015-03-13
➕
PINSENT MASONS SECRETARIAL LIMITED appointed
corporate-secretary
2015-03-13
➖
CLP SECRETARIES LIMITED resigned
corporate-secretary
2014-12-27
➖
ARIF, Serena Yana resigned
director
2014-10-29
➕
PAYNE, John Anthony appointed
director

Showing most recent 50 of 73 events

Owner dependency

65/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

60/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
secondaryStable-but-static management: Company is 40 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Italmatch Chemicals Gb Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Italmatch Chemicals Gb Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

AUBIN LIMITED

This company · SC098401

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Italmatch Chemicals Gb Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	06/06/2022

4 historic (ceased) PSCs

Bgf Gp Limitedceased 06/06/2022· 25-50% shares · 25-50% voting
Patrick Joseph Collinsceased 06/06/2022· 50-75% shares · 50-75% voting · board control
Edmund Austin Tobinceased 06/06/2022· 25-50% shares · 25-50% voting · board control
Business Growth Fund Plc (A/C Bgf Investments Lp)ceased 01/10/2017· 75-100% shares · 75-100% voting · board control

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 · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GRAY & ADAMS LIMITED→ SC047482 · est 1970	£75.13M £58.44M–£91.83M	—	—	502	56y	87	71y
GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002	£53.82M £41.86M–£65.78M	—	—	0	24y	85	71y
GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983	£17.07M £13.28M–£20.87M	—	—	106	43y	85	71y
GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990	£16.62M £12.93M–£20.32M	—	—	101	35y	87	71y
INTERWELL LIMITED→ SC391140 · est 2011	£10.98M £8.54M–£13.42M	£33.44M	—	7800	15y	91	60y
EBLAST LIMITED→ SC202165 · est 1999	£8.03M £6.24M–£9.81M	£11.11M	—	7400	26y	88	57y
ROTECH SUBSEA LIMITED→ SC451221 · est 2013	£6.41M £4.99M–£7.83M	£17.20M	—	4800	13y	84	58y
DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987	£6.22M £4.84M–£7.60M	£21.87M	—	11000	38y	93	70y
SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003	£6.15M £4.78M–£7.51M	£1.45M	—	1500	22y	94	60y
IMENCO UK LIMITED→ SC372021 · est 2010	£5.97M £4.64M–£7.29M	£17.33M	—	11500	16y	95	71y
TGT OILFIELD SERVICES UK LIMITED→ SC427554 · est 2012	£2.26M £1.76M–£2.76M	£9.93M	—	3000	13y	84	61y
VECTOR SUPPLIES LIMITED→ SC103810 · est 1987	£1.63M £1.27M–£1.99M	—	—	16	39y	85	71y

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

Incorporated1986-04-14

Jurisdictionscotland

Primary SIC20140 — SIC 20140

Registered office

13 Queens Road

Aberdeen

United Kingdom

AB15 4YL

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2026-10-14

Last: 2025-09-30

Officers (4 active · 18 resigned)

PINSENT MASONS SECRETARIAL LIMITED→

corporate-secretary · appointed 2015-03-13

View their other companies + combined net worth →

Active

DE JONG, Foort→

director · ~66y · appointed 2022-06-06

View their other companies + combined net worth →

Active

MILLER, Scott→

director · ~56y · appointed 2022-06-06

View their other companies + combined net worth →

Active

TURCI, Maurizio→

director · ~67y · appointed 2022-06-06

View their other companies + combined net worth →

Active

A C MORRISON & RICHARDS→

corporate-secretary · resigned 1990-04-04

Resigned

CLP SECRETARIES LIMITED→

corporate-secretary · appointed 2000-09-01 · resigned 2015-03-13

Resigned

JAMES AND GEORGE COLLIE→

corporate-secretary · appointed 1990-04-04 · resigned 1996-01-26

Resigned

THE COMMERCIAL LAW PRACTICE→

corporate-secretary · appointed 1996-01-26 · resigned 2000-09-01

Resigned

ARIF, Serena Yana→

director · ~61y · appointed 2013-08-02 · resigned 2014-12-27

Resigned

BIRNIE, Laura Jane→

director · ~45y · appointed 2020-07-01 · resigned 2022-06-06

Resigned

COLLINS, Patrick Joseph→

director · ~65y · appointed 2005-12-02 · resigned 2022-06-06

Resigned

GEDDES, Ian Malcolm→

director · ~76y · resigned 1997-05-06

Resigned

GIFFORD, Catriona Janet→

director · ~68y · appointed 2014-07-30 · resigned 2022-06-06

Resigned

HENDERSON, Andrew Alexander→

director · ~60y · appointed 2018-07-01 · resigned 2020-05-18

Resigned

MACRAE, Duncan→

director · ~57y · appointed 2013-02-11 · resigned 2014-01-29

Resigned

MUNRO, Simon→

director · ~60y · appointed 2014-01-29 · resigned 2015-11-25

Resigned

PAYNE, John Anthony→

director · ~68y · appointed 2014-10-29 · resigned 2016-02-03

Resigned

PHILIP, Graham Martin→

director · ~69y · appointed 2013-02-18 · resigned 2022-06-06

Resigned

PUGH, Richard John→

director · ~42y · appointed 2015-11-25 · resigned 2022-06-06

Resigned

STIRTON, Raymond Adam→

director · ~66y · appointed 2013-02-11 · resigned 2022-06-06

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	—	10/03/2020	03/09/2023
satisfied	Scottish Enterprise	A registered charge	1 property	14/01/2020	16/09/2022
satisfied	Lloyds Banking Group Lloyds Bank Commercial Finance Limited	A registered charge	—	24/02/2016	28/02/2024
satisfied	Lloyds Banking Group Bank of Scotland PLC	Standard security	1 property	26/03/2008	22/12/2021
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	21/07/2000	06/02/2023
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	30/09/1992	29/09/2023
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	29/03/1990	29/09/2023

Recent filings (211 total)

accounts-with-accounts-type-small

accounts · AA

2026-05-21

statement-of-companys-objects

change-of-constitution · CC04

2026-02-05

memorandum-articles

incorporation · MA

2026-02-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-10-17

accounts-with-accounts-type-small

accounts · AA

2025-05-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-10-22

accounts-with-accounts-type-small

accounts · AA

2024-05-21

mortgage-satisfy-charge-full

mortgage · MR04

2024-02-28

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-31

mortgage-satisfy-charge-full

mortgage · MR04

2023-09-29

mortgage-satisfy-charge-full

mortgage · MR04

2023-09-29

mortgage-satisfy-charge-full

mortgage · MR04

2023-09-03

accounts-with-accounts-type-small

accounts · AA

2023-08-08

mortgage-satisfy-charge-full

mortgage · MR04

2023-02-06

gazette-filings-brought-up-to-date

gazette · DISS40

2022-12-21