HY SPEC SERVICES LIMITED

🌳Matureactive

SC147444 · ltd · incorporated 1993-11-10

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 27.7y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Painting

Sector: Construction

Investor take

Pursue

Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 69). 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

1 live charge · oldest 27.7y

65/100

clean up first

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

· Oldest live charge is 27.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: low (54/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

7 officers (5 active, 7 linked, 4 with DOB)

Ownership & PSC

0 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

81 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 3 persons-with-significant-control
• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-03-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-09
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2025-11-28
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-11-28
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-02
📄
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2020-02-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-02-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-01-24
➕
SAMMUTT, Aaron appointed
director
2019-01-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-15
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-11-30
➕
SAMMUTT, Jordan appointed
director
2017-02-06
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
1998-09-07
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC
1993-11-10
🏢
Company incorporated
As HY SPEC SERVICES LIMITED
1993-11-10
➕
SAMMUTT, Lorraine appointed
secretary
1993-11-10
➕
SAMMUTT, Anthony Alexander appointed
director
1993-11-10
➕
SAMMUTT, Lorraine appointed
director
1993-11-10
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1993-11-10
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1993-11-10
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
1993-11-10
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

73/100

High — earn-out structure required

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

FACTORS

-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.
+Founder age: Director aged approximately 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100

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 69. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 33 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 33 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.)

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CLOVECREST LIMITED→ SC270216 · est 2004	—	—	—	0	21y	83	64y
DOE SPORT (NORTH) LIMITED→ SC164621 · est 1996	—	—	—	2300	30y	83	68y
FREDERICK WILSON (PROPERTIES) LIMITED→ SC217110 · est 2001	—	—	—	200	25y	83	62y
J R F CHIMNEY SPECIALISTS & HEATING DISTRIBUTORS LIMITED→ SC109701 · est 1988	—	—	—	16	38y	83	86y
JAGDIS PROPERTIES LIMITED→ SC361658 · est 2009	—	—	—	200	16y	83	63y
STEPHEN WHITE DEVELOPMENTS LTD.→ SC210101 · est 2000 · no financials extracted	—	—	—	—	25y	—	—
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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.

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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.

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Company details

Statusactive

Typeltd

Incorporated1993-11-10

Jurisdictionscotland

Primary SIC43341 — Painting

Registered office

3 Saint Davids Drive

Saint Davids Business

Dalgety Bay, Dunfermline

Fife

KY11 9PF

Filing status

Accounts

Next due: 2027-08-31

Last made up to: 2025-11-30

Confirmation statement

Next due: 2026-11-24

Last: 2025-11-10