IDENTIFICATION TECHNOLOGIES (SCOTLAND) LIMITED

🌳Matureactive
SC137822 · ltd · incorporated 1992-04-15
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 29.4y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to May 2025
Net worth
£94.2k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 46140
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 29.4y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 29.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
112 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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £94,234

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£94k
↑ 298% YoY
Current Assets
£290k
↑ 3.1% YoY
Current Liabilities
—
£0£58k£116k£174k£232k£290kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-05-312024-05-31
Total assets£154.3k£99.7k
Current assets£289.8k£281.1k
Net assets£94.2k£23.7k

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
1
filing
  • • 1 accounts
Last 180 days
3
filings
  • • 1 accounts
  • • 1 confirmation-statement
  • • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-12-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-12-02
    🔓
    Charge satisfied #1
  4. 2025-05-27
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  5. 2025-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-10-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-05-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2020-05-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-02-25
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2020-01-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2020-01-12
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2019-05-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-03-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-02-26
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  18. 2018-05-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-05-12
    ➖
    CROSS, Grant Paterson resigned
    director
  20. 2008-03-14
    ➕
    CROSS, Sarah Ann appointed
    director
  21. 1996-12-19
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  22. 1996-10-22
    ➕
    MUIR, Derek John appointed
    secretary
  23. 1996-10-22
    ➖
    O'NEILL, Brian Gerard resigned
    secretary
  24. 1995-03-28
    ➕
    MUIR, Derek John appointed
    director
  25. 1994-05-30
    ➖
    KENNEDY, Thomas resigned
    director
  26. 1992-10-01
    ➕
    KENNEDY, Thomas appointed
    director
  27. 1992-04-15
    🏢
    Company incorporated
    As IDENTIFICATION TECHNOLOGIES (SCOTLAND) LIMITED
  28. 1992-04-15
    ➕
    O'NEILL, Brian Gerard appointed
    secretary
  29. 1992-04-15
    ➕
    REID, Brian appointed
    nominee-secretary
  30. 1992-04-15
    ➖
    REID, Brian resigned
    nominee-secretary
  31. 1992-04-15
    ➕
    CROSS, Grant Paterson appointed
    director
  32. 1992-04-15
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  33. 1992-04-15
    ➖
    MABBOTT, Stephen resigned
    nominee-director

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 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 34 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Derek John Muir
Individual · British · DOB 12/1961 · age 65
25–50%
—25-50% shares06/04/2016
Ms Sarah Ann Cross
Individual · British · DOB 11/1972 · age 54
——sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Mr Grant Paterson Crossceased 12/05/2018· 50-75% shares

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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——023y8581y
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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
Incorporated1992-04-15
Jurisdictionscotland
Primary SIC46140 — SIC 46140

Registered office

Unit 7 Highfield Business Centre
St Quivox
Ayr
Ayrshire
KA6 5HQ
Scotland

Filing status

Accounts
Next due: 2027-02-24
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-01-26
Last: 2026-01-12

Officers (3 active · 5 resigned)

MUIR, Derek John→
secretary · appointed 1996-10-22
View their other companies + combined net worth →
Active
CROSS, Sarah Ann→
director · ~54y · appointed 2008-03-14
View their other companies + combined net worth →
Active
MUIR, Derek John→
director · ~65y · appointed 1995-03-28
View their other companies + combined net worth →
Active
O'NEILL, Brian Gerard→
secretary · appointed 1992-04-15 · resigned 1996-10-22
Resigned
REID, Brian→
nominee-secretary · appointed 1992-04-15 · resigned 1992-04-15
Resigned
CROSS, Grant Paterson→
director · ~87y · appointed 1992-04-15 · resigned 2018-05-12
Resigned
KENNEDY, Thomas→
director · ~74y · appointed 1992-10-01 · resigned 1994-05-30
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1992-04-15 · resigned 1992-04-15
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property19/12/199602/12/2025

Recent filings (112 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-21
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-02
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2025-05-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-22
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-20
change-person-director-company-with-change-date
officers · CH01
2022-10-12
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-26
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-01