PORTEQUIP LIMITED

🌳Matureactive
SC156559 · ltd · incorporated 1995-03-13
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 29.1y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 80). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 29.1y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 29.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (77/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
88 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Average employees28002700

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
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-09-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-27
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-05-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2023-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-03-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2020-03-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2020-03-01
    ➖
    CURRIE (DECEASED), Martha Isobel resigned
    director
  13. 2019-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-03-13
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  15. 2019-03-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2019-03-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  17. 2018-08-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2011-10-19
    🔓
    Charge satisfied #2
  19. 2005-09-05
    🔓
    Charge satisfied #1
  20. 2004-08-23
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  21. 1997-04-24
    🔒
    Charge registered #1
    Lender: The Governor & Company of the Bank of Ireland
  22. 1995-06-01
    ➕
    CURRIE, Samuel David appointed
    secretary
  23. 1995-03-13
    🏢
    Company incorporated
    As PORTEQUIP LIMITED
  24. 1995-03-13
    ➕
    CURRIE, Philip David Graham appointed
    director
  25. 1995-03-13
    ➕
    CURRIE, Samuel David appointed
    director
  26. 1995-03-13
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  27. 1995-03-13
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  28. 1995-03-13
    ➕
    CURRIE (DECEASED), Martha Isobel appointed
    director
  29. 1995-03-13
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  30. 1995-03-13
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
  • 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 Philip David Graham Currie
Individual · British · DOB 07/1971 · age 55
75–100%
75–100%75-100% shares · 75-100% voting30/06/2016
1 historic (ceased) PSC
  • Mr Samuel David Currieceased 09/05/2025· 50-75% shares · 50-75% voting

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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———4868y8360y
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——£7.20M—20y8376y
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——£7.80M—26y8284y
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———1216y8258y
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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
Incorporated1995-03-13
Jurisdictionscotland
Primary SIC25620 — Machining

Registered office

Penninghame Home Farm
Newton Stewart
Wigtownshire
DG8 6RD

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-22
Last: 2026-03-08

Officers (3 active · 3 resigned)

CURRIE, Samuel David→
secretary · appointed 1995-06-01
View their other companies + combined net worth →
Active
CURRIE, Philip David Graham→
director · ~55y · appointed 1995-03-13
View their other companies + combined net worth →
Active
CURRIE, Samuel David→
director · ~80y · appointed 1995-03-13
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1995-03-13 · resigned 1995-03-13
Resigned
CURRIE (DECEASED), Martha Isobel→
director · ~79y · appointed 1995-03-13 · resigned 2020-03-01
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1995-03-13 · resigned 1995-03-13
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property23/08/200419/10/2011
satisfied
The Governor & Company of the Bank of Ireland
Bond & floating charge1 property24/04/199705/09/2005

Recent filings (88 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-23
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-24