O'NEIL GAS SERVICES LIMITED

💤Zombieactive
SC155004 · ltd · incorporated 1994-12-19
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 33190
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 31.1y

45/100
under pressure

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

  • · Oldest live charge is 31.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

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
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-28
Average employees282400

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
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-08-08
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2023-09-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-02-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-11-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2017-06-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2016-07-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2016-02-03
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  13. 2015-12-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-01-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2014-11-24
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2012-06-12
    O'NEIL, Dawn Allison appointed
    secretary
  17. 2012-06-12
    O'NEIL, Brian James appointed
    director
  18. 2012-06-12
    ONEIL, Mary Ann resigned
    secretary
  19. 2012-06-12
    ONEIL, John resigned
    director
  20. 1995-03-20
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  21. 1994-12-19
    🏢
    Company incorporated
    As O'NEIL GAS SERVICES LIMITED
  22. 1994-12-19
    ONEIL, Mary Ann appointed
    secretary
  23. 1994-12-19
    REID, Brian appointed
    nominee-secretary
  24. 1994-12-19
    REID, Brian resigned
    nominee-secretary
  25. 1994-12-19
    MABBOTT, Stephen appointed
    nominee-director
  26. 1994-12-19
    MABBOTT, Stephen resigned
    nominee-director
  27. 1994-12-19
    ONEIL, John appointed
    director

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "O'NEIL" — strong identity link between founder and business.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.
  • secondaryStable-but-static management: Company is 31 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Brian James O'Neil
Individual · British · DOB 06/1974 · age 52
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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

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
Incorporated1994-12-19
Jurisdictionscotland
Primary SIC33190 — SIC 33190

Registered office

55 Green Street
Ayr
Ayrshire
KA8 8BQ

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-09-19
Last: 2025-09-05

Officers (2 active · 4 resigned)

O'NEIL, Dawn Allison
secretary · appointed 2012-06-12
View their other companies + combined net worth →
Active
O'NEIL, Brian James
director · ~52y · appointed 2012-06-12
View their other companies + combined net worth →
Active
ONEIL, Mary Ann
secretary · appointed 1994-12-19 · resigned 2012-06-12
Resigned
REID, Brian
nominee-secretary · appointed 1994-12-19 · resigned 1994-12-19
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1994-12-19 · resigned 1994-12-19
Resigned
ONEIL, John
director · ~81y · appointed 1994-12-19 · resigned 2012-06-12
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property20/03/1995
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (79 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-05
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-22
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-27