HAD-FAB LIMITED
🌳Matureactive
SC142257 · ltd · incorporated 1993-01-20
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 Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
PursueLeverage-led grower. Family succession underway — not a classic acquisition target.
Opportunity 80/100 (exceptional), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).
🏦
Refinance opportunity
16 live charges · 3 lenders · oldest 33.2y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 33.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 40/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: high (81/100)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
16 charges (16/16 with lender, 16/16 with type)
90
Directors & officers
9 officers (4 active, 9 linked, 7 with DOB)
86
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
124 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £548,673
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 | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Profit before tax | £548.7k | £511.3k |
| Average employees | 14400 | 12500 |
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
2
filings
- • 2 persons-with-significant-control
Last 180 days
4
filings
- • 3 persons-with-significant-control
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (63 events)Click to expand
- 2026-02-19📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-19📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-01-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-07-29📄accounts-with-accounts-type-fullaccounts · AA
- 2025-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-06-18➕DEAN, Bethany appointeddirector
- 2025-06-18➕HARRISON, Laura appointeddirector
- 2025-06-18➕HARRISON, Thomas appointeddirector
- 2025-04-14📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-04-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-04-03➖HARRISON, Alison Jayne resignedsecretary
- 2025-04-03➖HARRISON, Alison Jayne resigneddirector
- 2024-08-30📄accounts-with-accounts-type-fullaccounts · AA
- 2023-09-26📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-09-26🔓Charge satisfied #18
- 2023-06-28📄accounts-with-accounts-type-fullaccounts · AA
- 2022-11-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-11-28🔓Charge satisfied #17
- 2022-11-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-11-22🔒Charge registered #19Lender: Bank of Scotland PLC
- 2022-10-12📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-10-12🔓Charge satisfied #16
- 2022-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2021-08-20📄resolutionresolution · RESOLUTIONS
- 2021-07-20📄accounts-with-accounts-type-fullaccounts · AA
- 2020-07-22📄accounts-with-accounts-type-fullaccounts · AA
- 2015-02-05🔓Charge satisfied #11
- 2015-02-05🔓Charge satisfied #10
- 2015-02-05🔓Charge satisfied #6
- 2015-02-05🔓Charge satisfied #5
- 2015-02-05🔓Charge satisfied #4
- 2015-02-04🔒Charge registered #18Lender: Bank of Scotland PLC
- 2015-02-04🔒Charge registered #17Lender: Bank of Scotland PLC
- 2015-02-04🔒Charge registered #15Lender: Bank of Scotland PLC
- 2015-02-04🔒Charge registered #14Lender: Bank of Scotland PLC
- 2015-02-03🔒Charge registered #16Lender: Bank of Scotland PLC
- 2014-10-09🔓Charge satisfied #9
- 2014-10-09🔓Charge satisfied #8
- 2014-10-09🔓Charge satisfied #7
- 2014-08-01🔒Charge registered #11Lender: Barclays Bank PLC
- 2014-07-03🔒Charge registered #10Lender: Barclays Bank PLC
- 2013-05-29🔒Charge registered #9Lender: Barclays Bank PLC
- 2013-05-29🔒Charge registered #8Lender: Barclays Bank PLC
- 2013-01-17🔓Charge satisfied #3
- 2011-04-11🔒Charge registered #7Lender: Barclays Bank PLC
- 2010-05-18➖HARRISON, Douglas resigneddirector
- 2010-05-18➖HARRISON, Jaqueline Alicja resigneddirector
- 2009-02-17🔒Charge registered #6Lender: Barclays Bank PLC
Showing most recent 50 of 63 events
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
20/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — HARRISON, Laura (same surname) appointed 2025-06-18. Pattern consistent with intra-family handover.
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primary20+ year tenure: Director in role 33 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
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.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Simon Harrison Individual · British · DOB 04/1966 · age 60 | 75–100% | — | 75-100% shares | 13/02/2026 |
2 historic (ceased) PSCs
- Mrs Alison Jayne Harrisonceased 13/02/2026· 25-50% shares · 25-50% voting
- Mr Simon Charles Harrisonceased 23/03/2025· 50-75% shares · 50-75% voting
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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HALSPAN LIMITED→ SC194458 · est 1999 | £6.37M £4.95M–£7.78M | — | — | — | 27y | 83 | 77y |
| SPRING ENGINEERING SERVICES LIMITED→ SC220378 · est 2001 | £1.49M £1.16M–£1.83M | — | — | 3800 | 24y | 87 | 74y |
| WINDOW SUPPLY COMPANY LTD→ SC615256 · est 2018 | £699.9k £544.4k–£855.4k | — | — | 182 | 7y | 84 | 72y |
| EUROSTAMPA UK LTD→ SC024552 · est 1946 | £218.8k £170.2k–£267.5k | — | — | 200 | 79y | 85 | 83y |
| ARRAYJET LIMITED→ SC209936 · est 2000 · no financials extracted | — | — | — | — | 25y | 83 | 73y |
| BAWBAGS LIMITED→ SC321771 · est 2007 | — | — | — | 6 | 19y | 83 | 65y |
| CANMORE PIPE BAGS LIMITED→ SC362533 · est 2009 | — | — | £53.5k | — | 16y | 83 | 58y |
| CASTLE MASONRY PRODUCTS LIMITED→ SC225802 · est 2001 | — | — | — | 1800 | 24y | 83 | 62y |
| CIPHER SURGICAL LIMITED→ SC378738 · est 2010 | — | — | — | 4 | 15y | 83 | 84y |
| CLOCKHOUSE FURNITURE LIMITED→ SC281686 · est 2005 | — | — | £778.1k | — | 21y | 83 | 75y |
| HALSTON ENGINEERING LTD→ SC066605 · est 1978 | — | — | — | 600 | 47y | 83 | 61y |
| KILBRIDE RESOURCES LIMITED→ SC316663 · est 2007 | — | — | — | 400 | 19y | 83 | 74y |
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
Incorporated1993-01-20
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
Macmerry Industrial Estate
Tranent
East Lothian
EH33 1RD
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-03
Last: 2026-01-20
Officers (4 active · 5 resigned)
DEAN, Bethany→
Activedirector · ~28y · appointed 2025-06-18
View their other companies + combined net worth →
HARRISON, Laura→
Activedirector · ~24y · appointed 2025-06-18
View their other companies + combined net worth →
HARRISON, Simon Charles→
Activedirector · ~60y · appointed 1993-01-21
View their other companies + combined net worth →
HARRISON, Thomas→
Activedirector · ~28y · appointed 2025-06-18
View their other companies + combined net worth →
HARRISON, Alison Jayne→
Resignedsecretary · appointed 1999-09-03 · resigned 2025-04-03
HARRISON, Jaqueline Alicja→
Resignedsecretary · appointed 1993-01-20 · resigned 1999-09-03
HARRISON, Alison Jayne→
Resigneddirector · ~61y · appointed 2001-07-22 · resigned 2025-04-03
HARRISON, Douglas→
Resigneddirector · ~81y · appointed 1993-01-20 · resigned 2010-05-18
HARRISON, Jaqueline Alicja→
Resigneddirector · ~74y · appointed 1993-01-20 · resigned 2010-05-18
Click a director name to see their full track record across all companies.
Mortgages & charges
16
Total charges
3
Outstanding
1
Active lenders
Status:Lender:16 of 16 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 22/11/2022 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 04/02/2015 | 26/09/2023 | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 04/02/2015 | 28/11/2022 | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 04/02/2015 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 04/02/2015 | — | |
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 03/02/2015 | 12/10/2022 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 01/08/2014 | 05/02/2015 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 03/07/2014 | 05/02/2015 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 29/05/2013 | 09/10/2014 | |
| satisfied | Barclays Barclays Bank PLC | A registered charge | 1 property | 29/05/2013 | 09/10/2014 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 11/04/2011 | 09/10/2014 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 17/02/2009 | 05/02/2015 | |
| satisfied | Barclays Barclays Bank PLC | Standard security | 1 property | 08/08/2008 | 05/02/2015 | |
| satisfied | Barclays Barclays Bank PLC | Floating charge | 1 property | 15/07/2008 | 05/02/2015 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 07/08/1997 | 17/01/2013 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 04/03/1993 | 20/08/2008 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (124 total)
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-30
accounts-with-accounts-type-full
accounts · AA
2025-07-29
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
termination-secretary-company-with-name-termination-date
officers · TM02
2025-04-14
termination-director-company-with-name-termination-date
officers · TM01
2025-04-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-21
accounts-with-accounts-type-full
accounts · AA
2024-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-22
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-26
accounts-with-accounts-type-full
accounts · AA
2023-06-28