FLORIDRON LIMITED

🌳Matureactive

SC132297 · ltd · incorporated 1991-06-07

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.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£747.5k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Activities of head offices

Sector: Professional, scientific & technical

Investor take

Pursue

Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 33.8y

45/100

under pressure

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

· Oldest live charge is 33.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

11 officers (6 active, 11 linked, 6 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

98 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £747,516

Net assets shrinking

Down £45,212 YoY

Cash YoY

-16%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£118k

↓ 16% YoY

Net Worth

£748k

↓ 5.7% YoY

Current Assets

£921k

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£931.5k	£901.6k
Current assets	£920.7k	£928.9k
Cash	£117.9k	£140.1k
Debtors	£802.8k	£788.8k
Net assets	£747.5k	£792.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (35 events)Click to expand

2025-09-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-25
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-01-13
➕
SCULTHORP, Gretchen Kay appointed
director
2025-01-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-27
📄
appoint-person-secretary-company-with-name-date
officers · AP03
2023-06-27
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-06-25
➕
GIBSON, Ricardo Neely appointed
secretary
2023-06-25
➖
SCULTHORP, Brian Mowat, Mr. resigned
secretary
2023-05-07
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-10-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-10-21
➕
MCCLYMONT, Moira, Mrs. appointed
director
2019-10-21
➖
SCULTHORP, Leonard Ernest resigned
director
2019-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2009-04-01
➕
HARPER, Julie, Mrs. appointed
director
2001-10-08
🔓
Charge satisfied #1
1992-07-29
🔒
Charge registered #1
Lender: The British Linen Bank Limited
1992-02-28
➕
TAIT, Elaine appointed
director
1992-02-28
➕
SCULTHORP, Brian Mowat, Mr. appointed
secretary
1992-02-28
➖
SCULTHORP, Gretchen Kay resigned
secretary
1992-02-28
➕
SCULTHORP, Leonard Ernest appointed
director
1991-06-07
🏢
Company incorporated
As FLORIDRON LIMITED
1991-06-07
➕
SCULTHORP, Brian Mowat, Mr. appointed
director
1991-06-07
➕
SCULTHORP, Gretchen Kay appointed
secretary
1991-06-07
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1991-06-07
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1991-06-07
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
1991-06-07
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 35 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 35 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean

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

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr. Brian Mowat Sculthorp Individual · British · DOB 04/1961 · age 65	25–50%	—	25-50% shares	06/04/2016
Mrs Gretchen Kay Sculthorp Individual · British · DOB 08/1963 · age 63	—	—	sig. influencesignificant influence	13/01/2025

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 · Professional services · KY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
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LAURENCE GOULD PARTNERSHIP LIMITED→ SC124767 · est 1990 · no financials extracted	—	—	—	—	36y	83	72y
PHOTOSYNERGY LIMITED→ SC220986 · est 2001 · no financials extracted	—	—	—	—	24y	83	58y
PVX LIMITED→ SC397170 · est 2011	—	—	£144.0k	—	15y	83	59y
AVENUE SCOTLAND LIMITED→ SC147452 · est 1993	—	—	£87.8k	—	32y	82	73y
BALGAY FARMING COMPANY LIMITED→ SC093170 · est 1985	—	—	—	200	41y	82	79y
CAIRNSMILL LIMITED→ SC144163 · est 1993 · no financials extracted	—	—	—	—	33y	82	74y
CDLH LIMITED→ SC379307 · est 2010	—	—	—	100	15y	82	67y
DRYBURGH ASSOCIATES LIMITED→ SC367732 · est 2009	—	—	—	900	16y	82	68y
FASTTRAC DESIGN LIMITED→ SC297992 · est 2006	—	—	£4.3k	—	20y	82	65y
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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

Incorporated1991-06-07

Jurisdictionscotland

Primary SIC70100 — Activities of head offices

Registered office

37 Muirs

Kinross

KY13 8AS

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-02-13

Last: 2026-01-30