NUMAC PRECISION ENGINEERING LIMITED
🌳Matureactive
SC106414 · ltd · incorporated 1987-09-02
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
PursueActive trading company with a 89-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 89). 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 (65/100).
🏦
Refinance opportunity
3 live charges · 3 lenders · oldest 38.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 38.3 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
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
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red 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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 6 | 700 |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
- 2025-10-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-01➕AITKEN, Kevin appointeddirector
- 2022-12-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-10-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-10-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-04-11📄change-person-secretary-company-with-change-dateofficers · CH03
- 2018-11-15➕FALCONER, Margaret Tweedie appointedsecretary
- 2018-11-15➖PATERSON, Margaret Tweedie resignedsecretary
- 2018-11-15📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2018-11-15📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2018-10-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-27📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-06-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2016-06-23🔓Charge satisfied #3
- 2016-06-23🔓Charge satisfied #2
- 2016-06-23🔓Charge satisfied #1
- 1992-10-30➖LINDSAY, William Clark resigneddirector
- 1991-05-03➖SCOTT, John William resigneddirector
- 1988-06-01🔒Charge registered #3Lender: Scottish Development Agency
- 1988-02-18🔒Charge registered #2Lender: Co-Operative Venture Capital (Scotland) LTD
- 1988-01-15🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1987-09-02🏢Company incorporatedAs NUMAC PRECISION ENGINEERING LIMITED
Owner dependency
65/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 89 — succession pressure is live.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 89 years old. Natural succession window is now.
- secondaryStable-but-static management: Company is 39 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
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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr James Spalding Individual · British · DOB 02/1946 · age 80 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| MOO AND YOO LTD→ SC584480 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| NANO-LIT TECHNOLOGIES LIMITED→ SC455717 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| ODG SERVICES LTD→ SC859185 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OFFSHORE SURVEY CONSULT LIMITED→ SC777175 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| OIL & GAS TECHNICAL SERVICES LTD→ SC377000 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| OILS IN BLOOM LIMITED→ SC673371 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| OMNI GLOVE LIMITED→ SC776313 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| OPTEL INSTRUMENTS LIMITED→ SC046704 · est 1969 · no financials extracted | — | — | — | — | 56y | — | — |
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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
Incorporated1987-09-02
Jurisdictionscotland
Primary SIC28990 — SIC 28990
Registered office
Unit 4 Industrial Estate
Macmerry
East Lothian
EH33 1RD
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-29
Last: 2025-11-15
Officers (4 active · 3 resigned)
FALCONER, Margaret Tweedie→
Activesecretary · appointed 2018-11-15
View their other companies + combined net worth →
AITKEN, Kevin→
Activedirector · ~51y · appointed 2022-12-01
View their other companies + combined net worth →
Active
Active
PATERSON, Margaret Tweedie→
Resignedsecretary · resigned 2018-11-15
LINDSAY, William Clark→
Resigneddirector · ~99y · resigned 1992-10-30
SCOTT, John William→
Resigneddirector · ~100y · resigned 1991-05-03
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Scottish Development Agency | Floating charge | 1 property | 01/06/1988 | 23/06/2016 | |
| satisfied | Co-Operative Venture Capital (Scotland) Co-Operative Venture Capital (Scotland) LTD | Bond & floating charge | 1 property | 18/02/1988 | 23/06/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 15/01/1988 | 23/06/2016 |
Recent filings (109 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
appoint-person-director-company-with-name-date
officers · AP01
2022-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-16