PAVER SYSTEMS LIMITED

🌳Matureactive
SC104334 · ltd · incorporated 1987-04-27
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 38.5y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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 (58/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 38.5y

50/100
clean up first

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

  • · Oldest live charge is 38.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
15 officers (2 active, 15 linked, 11 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
143 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • 2 persons-with-significant-control
Last 90 days
3
filings
  • 3 persons-with-significant-control
Last 180 days
7
filings
  • 4 persons-with-significant-control
  • 2 officers
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2026-04-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-04-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-02-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-01-20
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-12-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-12-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-11-27
    BOURNE, Simon Gerald appointed
    director
  8. 2025-11-27
    PULLEN, Matthew Grant resigned
    director
  9. 2025-08-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2024-08-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2024-05-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2024-05-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2024-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2024-03-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2024-03-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-03-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  17. 2024-03-28
    🔓
    Charge satisfied #1
  18. 2024-03-01
    PULLEN, Matthew Grant appointed
    director
  19. 2024-02-29
    COFFEY, Martyn resigned
    director
  20. 2023-07-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  21. 2022-10-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  22. 2021-08-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  23. 2021-07-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  24. 2021-07-26
    LOCKWOOD, Justin Ashley appointed
    director
  25. 2021-04-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2021-04-01
    CLARKE, Jack James resigned
    director
  27. 2020-05-26
    BAXANDALL, Catherine Elizabeth resigned
    secretary
  28. 2014-10-01
    BURRELL, Ian David resigned
    director
  29. 2014-10-01
    CLARKE, Jack James appointed
    director
  30. 2013-10-10
    COFFEY, Martyn appointed
    director
  31. 2013-10-10
    HOLDEN, David Graham resigned
    director
  32. 2008-07-07
    BAXANDALL, Catherine Elizabeth appointed
    secretary
  33. 2008-07-07
    BURRELL, Ian David resigned
    secretary
  34. 2008-04-01
    BLEASE, Elizabeth Ann resigned
    secretary
  35. 2008-04-01
    BURRELL, Ian David appointed
    secretary
  36. 2005-09-02
    BLEASE, Elizabeth Ann appointed
    secretary
  37. 2005-09-02
    GRAY, Bernard resigned
    secretary
  38. 2005-09-02
    BURRELL, Ian David appointed
    director
  39. 2005-09-02
    GRAY, Angela Margaret Mary resigned
    director
  40. 2005-09-02
    GRAY, Bernard resigned
    director
  41. 2005-09-02
    GRAY, Rose Anna resigned
    director
  42. 2005-09-02
    HOLDEN, David Graham appointed
    director
  43. 2000-05-01
    GRAY, Angela Margaret Mary appointed
    director
  44. 1996-06-24
    GRAY, Bernard appointed
    director
  45. 1996-06-24
    GRAY, Bernard resigned
    director
  46. 1988-09-12
    🔒
    Charge registered #3
    Lender: Scottish Development Agency
  47. 1988-03-16
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  48. 1987-10-30
    GRAY, Bernard appointed
    secretary
  49. 1987-10-30
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  50. 1987-04-28
    GRAY, Bernard appointed
    director
Showing most recent 50 of 51 events

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Marshalls Mono Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Marshalls Mono Limited
Corporate parent · holds 75-100% shares
ultimate parent
PAVER SYSTEMS LIMITED
This company · SC104334

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%
NameSharesVoting rightsNature of controlNotified
Marshalls Mono Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting14/04/2026
2 historic (ceased) PSCs
  • Mr Simon Gerald Bourneceased 14/04/2026· significant influence
  • Marshalls Mono Limitedceased 03/02/2026· 75-100% shares · 75-100% voting

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

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
Incorporated1987-04-27
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Falkirk Works
Dollar Industrial Estate
Falkirk
FK2 7YS
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-21
Last: 2025-12-07

Officers (2 active · 13 resigned)

BOURNE, Simon Gerald
director · ~53y · appointed 2025-11-27
View their other companies + combined net worth →
Active
LOCKWOOD, Justin Ashley
director · ~56y · appointed 2021-07-26
View their other companies + combined net worth →
Active
BAXANDALL, Catherine Elizabeth
secretary · appointed 2008-07-07 · resigned 2020-05-26
Resigned
BLEASE, Elizabeth Ann
secretary · appointed 2005-09-02 · resigned 2008-04-01
Resigned
BURRELL, Ian David
secretary · appointed 2008-04-01 · resigned 2008-07-07
Resigned
GRAY, Bernard
secretary · appointed 1987-10-30 · resigned 2005-09-02
Resigned
BURRELL, Ian David
director · ~69y · appointed 2005-09-02 · resigned 2014-10-01
Resigned
CLARKE, Jack James
director · ~61y · appointed 2014-10-01 · resigned 2021-04-01
Resigned
COFFEY, Martyn
director · ~64y · appointed 2013-10-10 · resigned 2024-02-29
Resigned
GRAY, Angela Margaret Mary
director · ~51y · appointed 2000-05-01 · resigned 2005-09-02
Resigned
GRAY, Bernard
director · ~77y · appointed 1996-06-24 · resigned 2005-09-02
Resigned
GRAY, Bernard
director · ~77y · appointed 1987-04-28 · resigned 1996-06-24
Resigned
GRAY, Rose Anna
director · ~76y · resigned 2005-09-02
Resigned
HOLDEN, David Graham
director · ~67y · appointed 2005-09-02 · resigned 2013-10-10
Resigned
PULLEN, Matthew Grant
director · ~57y · appointed 2024-03-01 · resigned 2025-11-27
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
Standard security3 properties12/09/1988
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property16/03/1988
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property30/10/198728/03/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (143 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-04-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-15
appoint-person-director-company-with-name-date
officers · AP01
2025-12-01
termination-director-company-with-name-termination-date
officers · TM01
2025-12-01
accounts-with-accounts-type-dormant
accounts · AA
2025-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-10
accounts-with-accounts-type-dormant
accounts · AA
2024-08-29
change-person-director-company-with-change-date
officers · CH01
2024-05-30
change-person-director-company-with-change-date
officers · CH01
2024-05-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-30
appoint-person-director-company-with-name-date
officers · AP01
2024-03-28
termination-director-company-with-name-termination-date
officers · TM01
2024-03-28