STEADVALE AIR SYSTEMS LIMITED
🌳Matureactive
SC140710 · ltd · incorporated 1992-10-14
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 2025
Net worth
—
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Repair of machinery
Sector: Manufacturing
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
7 live charges · 5 lenders · oldest 31.8y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 31.8 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
140 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Average employees | 2200 | 2300 |
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
1
filing
- • 1 accounts
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2026-04-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-04-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-04-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-04-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-14📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-04-14📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-08🔒Charge registered #7Lender: Karen Robertson
- 2025-04-08🔒Charge registered #6Lender: Stewart Robertson
- 2025-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-04-03➕WITT, Steven Dale appointeddirector
- 2025-04-03➖ROBERTSON, Stewart John resigneddirector
- 2025-04-03🔒Charge registered #5Lender: Karen Robertson
- 2025-04-03🔒Charge registered #4Lender: Stewart Robertson
- 2025-03-24📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-24🔓Charge satisfied #3
- 2025-03-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-03-13📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-03-12📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2025-03-12📄capital-name-of-class-of-sharescapital · SH08
- 2025-03-11📄memorandum-articlesincorporation · MA
- 2025-03-11📄resolutionresolution · RESOLUTIONS
- 2025-03-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-03-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-05🔓Charge satisfied #2
- 2024-04-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-06➕ROBERTSON, Stewart John appointeddirector
- 2016-04-06➕ROBERTSON, Karen appointeddirector
- 2016-04-06➖CREE, Jack resigneddirector
- 2016-01-22🔒Charge registered #3Lender: Bank of Scotland PLC
- 2010-07-01➖LAW, Susan resignedsecretary
- 2007-09-30➖CREE, Jack resignedsecretary
- 2007-09-30➕LAW, Susan appointedsecretary
- 2007-09-30➖ROUTLEDGE, Michael resigneddirector
- 2004-09-30🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2004-07-08🔓Charge satisfied #1
- 1994-07-05🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1993-04-28➕CREE, Jack appointedsecretary
- 1993-04-28➕CREE, Jack appointeddirector
- 1993-04-28➕ROUTLEDGE, Michael appointeddirector
- 1993-04-28➖QUILL FORM LIMITED resignedcorporate-nominee-director
- 1992-10-14🏢Company incorporatedAs STEADVALE AIR SYSTEMS LIMITED
- 1992-10-14➕QUILL FORM LIMITED appointedcorporate-nominee-director
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
61/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Wittsend Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Wittsend Holdings Limited
Corporate parent · holds 75-100% shares · board control
⬇
STEADVALE AIR SYSTEMS LIMITED
This company · SC140710
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Wittsend Holdings Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 03/04/2025 |
3 historic (ceased) PSCs
- Stewart John Robertsonceased 03/04/2025· 25-50% shares · 25-50% voting
- Mrs Karen Robertsonceased 03/04/2025· 50-75% shares · 50-75% voting · board control
- Mr Jack Creeceased 30/03/2018· 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 →Similar companies
Active · Manufacturing · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FTV PROCLAD (U.K.) LIMITED→ SC271316 · est 2004 | — | — | — | 42 | 21y | 85 | 66y |
| CLEAR AUDIO SYSTEMS LTD→ SC144490 · est 1993 | — | — | £17.3k | — | 32y | 83 | 81y |
| FCE HYDRAULICS LTD→ SC191289 · est 1998 | — | — | £655.5k | — | 27y | 83 | 68y |
| THE FRAMESTOREUK LTD→ SC726572 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| TOM JERVIS LIMITED→ SC548564 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| TREND TECHNOLOGIES SCOTLAND LIMITED→ SC263638 · est 2004 · no financials extracted | — | — | — | — | 22y | — | — |
| TUTURU LIMITED→ SC596204 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| UK GYM TEK LTD→ SC841449 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| VAL-U-BLINDS LTD.→ SC100348 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| VALKARIE GAMES LTD→ SC793669 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| VEHICLE TRANSPORT KINROSS LTD→ SC774377 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| VIKING SERVICES LIMITED→ SC848289 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1992-10-14
Jurisdictionscotland
Primary SIC33120 — Repair of machinery
Registered office
Steadvale Air Systems Ltd Boston Road
Viewfield Industrial Estate
Glenrothes
Fife
KY6 2RE
Filing status
Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14
Officers (2 active · 6 resigned)
ROBERTSON, Karen→
Activedirector · ~67y · appointed 2016-04-06
View their other companies + combined net worth →
WITT, Steven Dale→
Activedirector · ~67y · appointed 2025-04-03
View their other companies + combined net worth →
CREE, Jack→
Resignedsecretary · appointed 1993-04-28 · resigned 2007-09-30
LAW, Susan→
Resignedsecretary · appointed 2007-09-30 · resigned 2010-07-01
CREE, Jack→
Resigneddirector · ~70y · appointed 1993-04-28 · resigned 2016-04-06
ROBERTSON, Stewart John→
Resigneddirector · ~30y · appointed 2022-09-06 · resigned 2025-04-03
ROUTLEDGE, Michael→
Resigneddirector · ~75y · appointed 1993-04-28 · resigned 2007-09-30
QUILL FORM LIMITED→
Resignedcorporate-nominee-director · appointed 1992-10-14 · resigned 1993-04-28
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Karen Robertson | A registered charge | 1 property | 08/04/2025 | — | |
| outstanding | Stewart Robertson | A registered charge | 1 property | 08/04/2025 | — | |
| outstanding | Karen Robertson | A registered charge | 1 property | 03/04/2025 | — | |
| outstanding | Stewart Robertson | A registered charge | 1 property | 03/04/2025 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 22/01/2016 | 24/03/2025 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 30/09/2004 | 05/03/2025 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 05/07/1994 | 08/07/2004 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (140 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-21
appoint-person-director-company-with-name-date
officers · AP01
2025-04-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-04-15
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-14
termination-director-company-with-name-termination-date
officers · TM01
2025-04-14
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-04-14
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-04-14
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-07
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-07
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-03-13