MONO GROUP PENSION TRUSTEES LIMITED

🌳Matureactive
SC109421 · ltd · incorporated 1988-02-23
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.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Investment thesis: well_run_hard_buy → unclassified
  • · Hygiene score: 85 → 65
  • · Opportunity score: 78 → 69
  • · Bankability: 75 → 65
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 3 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 0 positive.

  • ·Investment thesis: well_run_hard_buyunclassified
  • Opportunity score: 7869
  • Hygiene score: 8565
  • Bankability: 7565
  • ·Distress / opportunity: avoidspeculative
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 2024
Net worth
book net assets
Opportunity
69/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 65/100. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
57 officers (6 active, 57 linked, 44 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
198 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
69/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees00

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
0
filings
Last 90 days
1
filing
  • 1 officers
Last 180 days
2
filings
  • 2 officers
Counts from Companies House filing history.
Corporate timeline (121 events)Click to expand
  1. 2026-06-18
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-06-04
    ASHWORTH, Stephen Robert appointed
    director
  3. 2026-02-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-12-31
    BATES, Úna resigned
    director
  5. 2025-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2024-06-13
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  8. 2024-06-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  9. 2024-06-10
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  10. 2024-05-17
    QUILTER, Martin John appointed
    secretary
  11. 2024-05-17
    SLOAN, Alison May resigned
    secretary
  12. 2023-10-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2022-10-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2021-09-30
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2021-06-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  16. 2020-12-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2020-12-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  18. 2020-12-01
    BATES, Úna appointed
    director
  19. 2020-05-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  20. 2020-04-30
    HIGGINS, Barry George resigned
    director
  21. 2020-04-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2019-12-31
    HUGHES, John William resigned
    director
  23. 2019-09-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  24. 2019-06-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2019-06-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  26. 2019-05-22
    HIGGINS, Barry George appointed
    director
  27. 2019-05-22
    MILLER, Allison Mary Ann resigned
    director
  28. 2017-07-01
    JACKSON, Alan Robert appointed
    director
  29. 2017-07-01
    SCOTTISH PENSION TRUSTEES LIMITED resigned
    corporate-director
  30. 2017-05-19
    KENNEDY, Michael James appointed
    director
  31. 2016-07-31
    MASSEY, Dean resigned
    director
  32. 2016-01-01
    ADAM, Wayne appointed
    director
  33. 2016-01-01
    MASSEY, Dean appointed
    director
  34. 2015-12-31
    HOPKINS, Glynn Kenneth resigned
    director
  35. 2015-12-31
    SELLARS, Joan resigned
    director
  36. 2015-09-28
    INKSTER, Nicola Jaye appointed
    director
  37. 2015-09-28
    FLEMING, Alastair James resigned
    director
  38. 2015-04-21
    MILLER, Allison Mary Ann appointed
    director
  39. 2014-12-15
    MASON, Tracy Ann resigned
    director
  40. 2014-08-18
    MASON, Tracy Ann appointed
    director
  41. 2014-05-09
    VALENTINE, Steven Grenville resigned
    director
  42. 2014-03-25
    HOLDEN, Julie Patricia resigned
    director
  43. 2013-09-03
    HOLDEN, Julie Patricia appointed
    director
  44. 2013-08-06
    FLEMING, Alastair James resigned
    secretary
  45. 2013-08-06
    SLOAN, Alison May appointed
    secretary
  46. 2013-07-31
    FLEMING, Alastair James appointed
    director
  47. 2012-12-31
    BEEVER, John Michael resigned
    director
  48. 2012-12-31
    SMITH, Paul Frederick resigned
    director
  49. 2011-09-30
    FLEMING, Alastair James appointed
    secretary
  50. 2011-09-30
    O'NEIL, Christopher Paul resigned
    secretary
Showing most recent 50 of 121 events

Owner dependency

55/100
Moderate — manageable with handover

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

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Founder age: Director aged approximately 75 — 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 70+: Senior director is approximately 75 years old. Natural succession window is now.

Red flags

1 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-06-27

Group structure

National Oilwell Varco Uk Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
National Oilwell Varco Uk Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
MONO GROUP PENSION TRUSTEES LIMITED
This company · SC109421

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
National Oilwell Varco Uk Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

8 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
Incorporated1988-02-23
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

C/O National Oilwell Varco
Badentoy Crescent, Badentoy
Industrial Park, Portlethen
Aberdeen, Aberdeenshire
AB12 4YD

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-27OVERDUE
Last: 2025-06-13

Officers (6 active · 51 resigned)

QUILTER, Martin John
secretary · appointed 2024-05-17
View their other companies + combined net worth →
Active
ADAM, Wayne
director · ~58y · appointed 2016-01-01
View their other companies + combined net worth →
Active
ASHWORTH, Stephen Robert
director · ~58y · appointed 2026-06-04
View their other companies + combined net worth →
Active
INKSTER, Nicola Jaye
director · ~50y · appointed 2015-09-28
View their other companies + combined net worth →
Active
JACKSON, Alan Robert
director · ~75y · appointed 2017-07-01
View their other companies + combined net worth →
Active
KENNEDY, Michael James
director · ~69y · appointed 2017-05-19
View their other companies + combined net worth →
Active
BOYLE, Thomas Douglas
secretary · appointed 2009-09-11 · resigned 2011-07-04
Resigned
CARROLL, Amanda
secretary · appointed 2003-08-18 · resigned 2006-09-09
Resigned
FLEMING, Alastair James
secretary · appointed 2011-09-30 · resigned 2013-08-06
Resigned
FLETCHER, Anthony Trevor
secretary · resigned 1990-06-15
Resigned
LEIGHTON, Katherine Jennifer
secretary · appointed 2006-09-09 · resigned 2010-10-21
Resigned
O'NEIL, Christopher Paul
secretary · appointed 2009-09-11 · resigned 2011-09-30
Resigned
SLOAN, Alison May
secretary · appointed 2013-08-06 · resigned 2024-05-17
Resigned
TORKINGTON, John Robert
secretary · appointed 1990-07-31 · resigned 2003-03-04
Resigned
DM COMPANY SERVICES LIMITED
corporate-nominee-secretary · appointed 1988-02-23 · resigned 1990-06-13
Resigned
ARMSTRONG, Miles Geoffrey
director · ~61y · appointed 2006-06-19 · resigned 2008-05-12
Resigned
BATES, Úna
director · ~59y · appointed 2020-12-01 · resigned 2025-12-31
Resigned
BEEVER, John Michael
director · ~77y · appointed 2003-08-18 · resigned 2012-12-31
Resigned
BODDINGTON, Kenneth William
director · ~87y · resigned 1990-07-31
Resigned
BRUCE, Roderick Lawrence
nominee-director · ~78y · appointed 1988-02-23 · resigned 1990-06-13
Resigned

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

Recent filings (198 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-06-18
termination-director-company-with-name-termination-date
officers · TM01
2026-02-24
accounts-with-accounts-type-dormant
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-13
accounts-with-accounts-type-dormant
accounts · AA
2024-09-27
change-sail-address-company-with-old-address-new-address
address · AD02
2024-06-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-13
termination-secretary-company-with-name-termination-date
officers · TM02
2024-06-10
appoint-person-secretary-company-with-name-date
officers · AP03
2024-06-10
accounts-with-accounts-type-dormant
accounts · AA
2023-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-20
accounts-with-accounts-type-dormant
accounts · AA
2022-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-20
accounts-with-accounts-type-dormant
accounts · AA
2021-09-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2021-06-15