PLASTIC TECHNOLOGY SERVICES LIMITED

🌳Matureactive
SC133850 · ltd · incorporated 1991-09-04
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 · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 34.2y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

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 Oct 2023
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 20160
Sector: Manufacturing
ALSO REGISTERED FOR
  • 32990Other manufacturing n.e.c.
  • 38320SIC 38320
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 34.2y

50/100
clean up first

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

  • · Oldest live charge is 34.2 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 (74/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
16 officers (3 active, 16 linked, 8 with DOB)
80
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
111 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-10-31
Average employees4000

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
0
filings
Counts from Companies House filing history.
Corporate timeline (51 events)Click to expand
  1. 2025-08-04
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-05-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-05-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-03-31
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-03-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2023-02-27
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2023-02-15
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  10. 2023-02-15
    🔒
    Charge registered #3
    Lender: Cargen Power Limited
  11. 2023-02-14
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  12. 2023-01-30
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  13. 2022-11-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2022-11-04
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2022-11-04
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2022-11-01
    ➕
    WALLACE, Mary Maxwell appointed
    secretary
  17. 2022-11-01
    ➖
    WALLACE, Ian resigned
    secretary
  18. 2022-10-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2022-08-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2022-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2021-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-06-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2004-05-19
    ➕
    HEWITSON, William James appointed
    director
  24. 2004-05-19
    ➕
    WALLACE, Ian appointed
    director
  25. 2004-05-19
    ➖
    BROWN, Mary resigned
    secretary
  26. 2004-05-19
    ➕
    WALLACE, Ian appointed
    secretary
  27. 2004-05-19
    ➖
    CURRIE, John Joseph resigned
    director
  28. 2004-05-19
    ➖
    CURRIE, Kenneth Norman resigned
    director
  29. 2002-11-08
    ➖
    ANTROBUS, Daniel resigned
    director
  30. 2002-02-01
    ➕
    CURRIE, John Joseph appointed
    director
  31. 2000-05-30
    ➕
    BROWN, Mary appointed
    secretary
  32. 2000-05-30
    ➖
    CURRIE, Eleanor Margaret resigned
    secretary
  33. 2000-05-30
    ➕
    ANTROBUS, Daniel appointed
    director
  34. 1997-10-31
    ➖
    HENDERSON, Jack resigned
    director
  35. 1995-08-25
    ➕
    CURRIE, Eleanor Margaret appointed
    secretary
  36. 1995-08-25
    ➖
    RENNIE, James Gordon resigned
    secretary
  37. 1993-08-26
    ➖
    JOHNSTON, Alastair John Carmichael resigned
    director
  38. 1992-11-30
    ➕
    RENNIE, James Gordon appointed
    secretary
  39. 1992-11-30
    ➖
    WRIGHT, Michael Goerge Walker resigned
    secretary
  40. 1992-11-30
    ➖
    WRIGHT, Michael Goerge Walker resigned
    director
  41. 1992-04-07
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  42. 1991-10-01
    ➕
    JOHNSTON, Alastair John Carmichael appointed
    director
  43. 1991-09-04
    🏢
    Company incorporated
    As PLASTIC TECHNOLOGY SERVICES LIMITED
  44. 1991-09-04
    ➕
    WRIGHT, Michael Goerge Walker appointed
    secretary
  45. 1991-09-04
    ➕
    COMBINED SECRETARIAL SERVICES LIMITED appointed
    corporate-nominee-secretary
  46. 1991-09-04
    ➖
    COMBINED SECRETARIAL SERVICES LIMITED resigned
    corporate-nominee-secretary
  47. 1991-09-04
    ➕
    CURRIE, Kenneth Norman appointed
    director
  48. 1991-09-04
    ➕
    HENDERSON, Jack appointed
    director
  49. 1991-09-04
    ➕
    WRIGHT, Michael Goerge Walker appointed
    director
  50. 1991-09-04
    ➕
    COMBINED NOMINEES LIMITED appointed
    corporate-nominee-director
Showing most recent 50 of 51 events

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 35 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

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

Group structure

Pts (Scotland) Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Pts (Scotland) Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
PLASTIC TECHNOLOGY SERVICES LIMITED
This company · SC133850

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
Pts (Scotland) Ltd
Corporate entity
75–100%
—75-100% shares06/04/2016
2 historic (ceased) PSCs
  • Mr William James Hewitsonceased 10/05/2025· 25-50% shares · 25-50% voting
  • Mr Ian Wallaceceased 10/05/2025· 25-50% shares · firm interest

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

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
Incorporated1991-09-04
Jurisdictionscotland
Primary SIC20160 — SIC 20160

Registered office

Garroch Business Park
Garroch Loaning
Dumfries
DG2 8PN
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-09-18
Last: 2025-09-04

Officers (3 active · 13 resigned)

WALLACE, Mary Maxwell→
secretary · appointed 2022-11-01
View their other companies + combined net worth →
Active
HEWITSON, William James→
director · ~68y · appointed 2004-05-19
View their other companies + combined net worth →
Active
WALLACE, Ian→
director · ~71y · appointed 2004-05-19
View their other companies + combined net worth →
Active
BROWN, Mary→
secretary · appointed 2000-05-30 · resigned 2004-05-19
Resigned
CURRIE, Eleanor Margaret→
secretary · appointed 1995-08-25 · resigned 2000-05-30
Resigned
RENNIE, James Gordon→
secretary · appointed 1992-11-30 · resigned 1995-08-25
Resigned
WALLACE, Ian→
secretary · appointed 2004-05-19 · resigned 2022-11-01
Resigned
WRIGHT, Michael Goerge Walker→
secretary · appointed 1991-09-04 · resigned 1992-11-30
Resigned
COMBINED SECRETARIAL SERVICES LIMITED→
corporate-nominee-secretary · appointed 1991-09-04 · resigned 1991-09-04
Resigned
ANTROBUS, Daniel→
director · ~66y · appointed 2000-05-30 · resigned 2002-11-08
Resigned
CURRIE, John Joseph→
director · ~57y · appointed 2002-02-01 · resigned 2004-05-19
Resigned
CURRIE, Kenneth Norman→
director · ~84y · appointed 1991-09-04 · resigned 2004-05-19
Resigned
HENDERSON, Jack→
director · ~84y · appointed 1991-09-04 · resigned 1997-10-31
Resigned
JOHNSTON, Alastair John Carmichael→
director · ~98y · appointed 1991-10-01 · resigned 1993-08-26
Resigned
WRIGHT, Michael Goerge Walker→
director · ~81y · appointed 1991-09-04 · resigned 1992-11-30
Resigned
COMBINED NOMINEES LIMITED→
corporate-nominee-director · appointed 1991-09-04 · resigned 1991-09-04
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property15/02/2023—
outstanding
Cargen Power
Cargen Power Limited
A registered charge1 property15/02/2023—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property07/04/1992—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (111 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-02
accounts-with-accounts-type-full
accounts · AA
2025-08-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-31
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-03-03
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-02-27
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-02-14
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2023-01-30
change-person-director-company-with-change-date
officers · CH01
2022-11-04
appoint-person-secretary-company-with-name-date
officers · AP03
2022-11-04