EXCEL ENGINEERING SERVICES LIMITED

🌳Matureactive
SC145175 · ltd · incorporated 1993-06-25
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 2024
Net worth
£1.61M
book net assets
Opportunity
68/100
Strong
🔔
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What this business does
Primary activity: SIC 33190
Sector: Manufacturing
Investor take
Special-situation opportunity
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 68/100 (strong), bankability 47/100. Same-surname younger director in place — likely family handover, not open to sale. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: family or management succession (50/100). Current lenders should be on monthly review.

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 32.3y

15/100
under pressure

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

  • · Oldest live charge is 32.3 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
14 officers (2 active, 14 linked, 10 with DOB)
84
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
110 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
68/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
55
Adequate — check latest filings for context.
Acquirability
65
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review 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 £1,605,856
Cash draining
Cash down 100% YoY
Cash YoY
-100%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1k
↓ 100% YoY
Net Worth
£1.6m
↑ 4.7% YoY
Current Assets
£1.9m
↓ 2.1% YoY
Current Liabilities
—
£0£380k£760k£1.1m£1.5m£1.9mMar 2023Mar 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-03-312023-03-31
Total assets£1.64M£1.55M
Current assets£1.86M£1.90M
Cash£1.3k£275.2k
Debtors£1.83M£1.60M
Net assets£1.61M£1.53M

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
  1. 2025-03-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-03-26
    ➕
    DOUGAN, Connor appointed
    director
  3. 2025-01-23
    📄
    legacy
    other · GUARANTEE2
  4. 2024-12-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2024-07-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-07-16
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2024-07-16
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2024-07-11
    ➖
    MCLEAN, Eric Douglas resigned
    director
  9. 2024-07-10
    ➖
    MCLEAN, Eric Douglas resigned
    secretary
  10. 2024-07-10
    ➖
    BELCH, Graeme Alexander resigned
    director
  11. 2024-01-18
    📄
    legacy
    other · GUARANTEE2
  12. 2023-12-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2022-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2022-07-04
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2022-07-04
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  18. 2021-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2021-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2019-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2018-10-12
    📄
    accounts-with-accounts-type-small
    accounts · AA
  22. 2016-04-20
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  23. 2010-08-13
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  24. 2009-06-11
    🔓
    Charge satisfied #2
  25. 2009-06-03
    ➕
    DOUGAN, Henry appointed
    director
  26. 2009-06-03
    ➕
    MCLEAN, Eric Douglas appointed
    secretary
  27. 2009-06-03
    ➖
    WELSH, Douglas resigned
    secretary
  28. 2009-06-03
    ➕
    BELCH, Graeme Alexander appointed
    director
  29. 2009-06-03
    ➖
    HISLOP, Robert resigned
    director
  30. 2009-06-03
    ➕
    MCLEAN, Eric Douglas appointed
    director
  31. 2009-06-03
    ➖
    WELSH, Douglas resigned
    director
  32. 2001-05-08
    ➖
    SCOTT, John William Mitchell resigned
    director
  33. 1996-03-30
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  34. 1996-03-18
    🔓
    Charge satisfied #1
  35. 1995-03-10
    ➖
    BRYDEN, Lorna May Core resigned
    secretary
  36. 1995-03-10
    ➕
    WELSH, Douglas appointed
    secretary
  37. 1995-03-10
    ➖
    BRYDEN, Lorna May Core resigned
    director
  38. 1995-03-10
    ➕
    HISLOP, Robert appointed
    director
  39. 1995-03-10
    ➖
    YOUNG, John Aitken resigned
    director
  40. 1994-09-12
    ➕
    SCOTT, John William Mitchell appointed
    director
  41. 1994-09-12
    ➕
    WELSH, Douglas appointed
    director
  42. 1994-02-01
    ➕
    YOUNG, John Aitken appointed
    director
  43. 1994-01-25
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  44. 1993-06-25
    🏢
    Company incorporated
    As EXCEL ENGINEERING SERVICES LIMITED
  45. 1993-06-25
    ➕
    BRYDEN, Lorna May Core appointed
    secretary
  46. 1993-06-25
    ➕
    REID, Brian appointed
    nominee-secretary
  47. 1993-06-25
    ➖
    REID, Brian resigned
    nominee-secretary
  48. 1993-06-25
    ➕
    BRYDEN, Lorna May Core appointed
    director
  49. 1993-06-25
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  50. 1993-06-25
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-03-31

Group structure

Jbd Tritec Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Jbd Tritec Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
EXCEL ENGINEERING SERVICES LIMITED
This company · SC145175

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
Jbd Tritec Limited
Corporate entity
75–100%
—75-100% shares06/04/2016

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
Incorporated1993-06-25
Jurisdictionscotland
Primary SIC33190 — SIC 33190

Registered office

430 Helen Street
Glasgow
G51 3HR

Filing status

Accounts
Next due: 2026-03-31OVERDUE
Last made up to: 2024-03-31
Confirmation statement
Next due: 2026-07-07
Last: 2025-06-23

Officers (2 active · 12 resigned)

DOUGAN, Connor→
director · ~29y · appointed 2025-03-26
View their other companies + combined net worth →
Active
DOUGAN, Henry→
director · ~57y · appointed 2009-06-03
View their other companies + combined net worth →
Active
BRYDEN, Lorna May Core→
secretary · appointed 1993-06-25 · resigned 1995-03-10
Resigned
MCLEAN, Eric Douglas→
secretary · appointed 2009-06-03 · resigned 2024-07-10
Resigned
REID, Brian→
nominee-secretary · appointed 1993-06-25 · resigned 1993-06-25
Resigned
WELSH, Douglas→
secretary · appointed 1995-03-10 · resigned 2009-06-03
Resigned
BELCH, Graeme Alexander→
director · ~64y · appointed 2009-06-03 · resigned 2024-07-10
Resigned
BRYDEN, Lorna May Core→
director · ~56y · appointed 1993-06-25 · resigned 1995-03-10
Resigned
HISLOP, Robert→
director · ~80y · appointed 1995-03-10 · resigned 2009-06-03
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1993-06-25 · resigned 1993-06-25
Resigned
MCLEAN, Eric Douglas→
director · ~64y · appointed 2009-06-03 · resigned 2024-07-11
Resigned
SCOTT, John William Mitchell→
director · ~74y · appointed 1994-09-12 · resigned 2001-05-08
Resigned
WELSH, Douglas→
director · ~82y · appointed 1994-09-12 · resigned 2009-06-03
Resigned
YOUNG, John Aitken→
director · ~84y · appointed 1994-02-01 · resigned 1995-03-10
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—20/04/2016—
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property13/08/2010—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property30/03/199611/06/2009
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property25/01/199418/03/1996
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (110 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
appoint-person-director-company-with-name-date
officers · AP01
2025-03-31
legacy
other · GUARANTEE2
2025-01-23
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-31
termination-director-company-with-name-termination-date
officers · TM01
2024-07-16
termination-director-company-with-name-termination-date
officers · TM01
2024-07-16
termination-secretary-company-with-name-termination-date
officers · TM02
2024-07-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-05
legacy
other · GUARANTEE2
2024-01-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-04
change-person-director-company-with-change-date
officers · CH01
2022-07-04
change-person-director-company-with-change-date
officers · CH01
2022-07-04