TASKFORCE (FINISHING & HANDLING) LIMITED

💤Zombieactive
SC121586 · ltd · incorporated 1989-11-27
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 Mar 2025
Net worth
£42.7k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 18140
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 73/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 35.0y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 35.0 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (2 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
108 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £42,697

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£43k
↑ 303% YoY
Current Assets
£162k
↓ 22% YoY
Current Liabilities
—
£0£41k£83k£124k£166k£207kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£203.8k£247.8k
Current assets£162.4k£207.1k
Cash—£30.0k
Debtors£162.4k£177.1k
Net assets£42.7k£10.6k

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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-10-01
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-09-26
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-09-23
    🔒
    Charge registered #4
    Lender: Rbs Invoice Finance Limited
  5. 2024-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-10-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-11-15
    📄
    legacy
    capital · SH20
  8. 2022-10-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-09-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-04-11
    📄
    capital-allotment-shares
    capital · SH01
  13. 2018-11-29
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2018-11-29
    🔓
    Charge satisfied #3
  15. 2018-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2016-07-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2013-11-22
    ➕
    PORTEOUS, Alexander appointed
    secretary
  19. 2013-11-22
    ➕
    PORTEOUS, Alexander appointed
    director
  20. 2013-11-22
    ➖
    ROBERTSON, William Ross resigned
    secretary
  21. 2013-11-22
    ➖
    ROBERTSON, Lorna Suzanne resigned
    director
  22. 2013-11-22
    ➖
    ROBERTSON, William Ross resigned
    director
  23. 2012-12-15
    🔓
    Charge satisfied #2
  24. 2012-12-10
    🔒
    Charge registered #3
    Lender: Aldermore Invoice Finance
  25. 2009-02-07
    🔓
    Charge satisfied #1
  26. 2008-04-28
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  27. 1991-05-03
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  28. 1990-01-11
    ➕
    ROBERTSON, William Ross appointed
    secretary
  29. 1989-11-27
    🏢
    Company incorporated
    As TASKFORCE (FINISHING & HANDLING) LIMITED

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alexander Porteous
Individual · British · DOB 12/1969 · age 57
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Dawn Elizabeth Porteous
Individual · British · DOB 04/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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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——£53.5k—16y8358y
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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
Incorporated1989-11-27
Jurisdictionscotland
Primary SIC18140 — SIC 18140

Registered office

Butlerfield Units 16a And 16b
Butlerfield Industrial Estate
Bonnyrigg
Midlothian
EH19 3JQ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (2 active · 3 resigned)

PORTEOUS, Alexander→
secretary · appointed 2013-11-22
View their other companies + combined net worth →
Active
PORTEOUS, Alexander→
director · ~57y · appointed 2013-11-22
View their other companies + combined net worth →
Active
ROBERTSON, William Ross→
secretary · appointed 1990-01-11 · resigned 2013-11-22
Resigned
ROBERTSON, Lorna Suzanne→
director · ~68y · resigned 2013-11-22
Resigned
ROBERTSON, William Ross→
director · ~68y · resigned 2013-11-22
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
NatWest Group
Rbs Invoice Finance Limited
A registered charge—23/09/2025—
satisfied
Aldermore
Aldermore Invoice Finance
Floating charge1 property10/12/201229/11/2018
satisfied
Lloyds Banking Group
Royal Bank of Scotland PLC
Bond & floating charge1 property28/04/200815/12/2012
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property03/05/199107/02/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (108 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-10-01
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-28
legacy
capital · SH20
2022-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-01