LINNET TECHNOLOGY LIMITED

🌳Matureactive
SC168688 · ltd · incorporated 1996-10-02
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
72/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 72/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

4 live charges · 4 lenders · oldest 29.4y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 29.4 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
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
77
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees161500

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 (46 events)Click to expand
  1. 2025-09-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-09-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  3. 2025-09-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-09-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-09-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2025-09-17
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  7. 2025-08-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2025-03-14
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2025-03-11
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-03-11
    🔓
    Charge satisfied #2
  11. 2025-03-10
    🔒
    Charge registered #4
    Lender: Lloyds Bank Commercial Finance Limited
  12. 2024-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2024-12-03
    🔓
    Charge satisfied #3
  14. 2024-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2024-09-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  16. 2023-12-14
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  17. 2023-12-14
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  18. 2023-11-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2023-06-14
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  20. 2023-06-13
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  21. 2023-04-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2023-04-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  23. 2023-03-06
    ➕
    KILGANNON, Keri appointed
    director
  24. 2023-03-06
    ➕
    SMITH, David James appointed
    director
  25. 2023-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  26. 2023-01-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  27. 2022-12-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  28. 2022-12-21
    ➖
    LAUGHLIN, James resigned
    director
  29. 2022-12-21
    ➖
    LAUGHLIN, Jean resigned
    director
  30. 2022-12-21
    🔒
    Charge registered #3
    Lender: James Laughlin (As Security Trustee)
  31. 2022-12-08
    🔒
    Charge registered #2
    Lender: Ultimate Finance Limited
  32. 2022-11-08
    🔓
    Charge satisfied #1
  33. 2021-01-01
    ➕
    MCATEE, Paul James appointed
    secretary
  34. 2021-01-01
    ➖
    LAUGHLIN, James resigned
    secretary
  35. 2020-02-15
    ➕
    MCATEE, Paul James appointed
    director
  36. 2006-01-09
    ➕
    LAUGHLIN, James appointed
    director
  37. 2005-12-21
    ➖
    DORNAN, Jean resigned
    secretary
  38. 2005-12-21
    ➕
    LAUGHLIN, James appointed
    secretary
  39. 2005-12-21
    ➖
    HAINSWORTH, Philip resigned
    director
  40. 1996-12-16
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  41. 1996-10-02
    🏢
    Company incorporated
    As LINNET TECHNOLOGY LIMITED
  42. 1996-10-02
    ➕
    DORNAN, Jean appointed
    secretary
  43. 1996-10-02
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  44. 1996-10-02
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  45. 1996-10-02
    ➕
    HAINSWORTH, Philip appointed
    director
  46. 1996-10-02
    ➕
    LAUGHLIN, Jean appointed
    director

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 30 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Linnet Group Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Linnet Group Holdings Ltd
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
LINNET TECHNOLOGY LIMITED
This company · SC168688

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
Linnet Group Holdings Ltd
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control24/11/2023
1 historic (ceased) PSC
  • Linnet Holdings Limitedceased 24/11/2023· 75-100% shares · 75-100% voting · board control

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 · Construction · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
FORSYTH OF DENNY LIMITED→
SC105626 · est 1987
£5.36M
£3.83M–£6.89M
——1090038y8561y
OGILVIE CONSTRUCTION LIMITED→
SC069644 · est 1979
£3.01M
£2.15M–£3.87M
——14646y9470y
JAMES STRANG LIMITED→
SC100720 · est 1986
£479.5k
£342.5k–£616.5k
——5339y8864y
CONCEPT INSTALLATIONS ALLOA LTD→
SC719515 · est 2022
£48.5k
£34.6k–£62.3k
£89.0k—1004y8446y
SCA CARPENTRY & BUILDING SERVICES LTD→
SC771129 · est 2023
£35.3k
£25.2k–£45.4k
£126.2k—2002y8333y
CENTRAL DEMOLITION LIMITED→
SC172244 · est 1997
——£8.08M—29y8360y
FES LIMITED→
SC053848 · est 1973 · no financials extracted
————52y8384y
GBSS CIVIL ENGINEERING LTD→
SC357477 · est 2009
———2917y8359y
IMAGING SUPPLIES LIMITED→
SC176285 · est 1997
———528y8358y
MCG RAIL LIMITED→
SC356959 · est 2009
———30017y8358y
R. LINDSAY AND COMPANY (CONTRACTORS) LIMITED→
SC063657 · est 1977
———2848y8359y
R.T.A. BUILDING & CONSTRUCTION CO. LIMITED→
SC177982 · est 1997
——£247.9k—28y8360y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated1996-10-02
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

Unit 4 Block 5 Manor Farm Business Park
Manor Loan
Stirling
Stirlingshire
FK9 5QD
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-06
Last: 2025-09-22

Officers (4 active · 6 resigned)

MCATEE, Paul James→
secretary · appointed 2021-01-01
View their other companies + combined net worth →
Active
KILGANNON, Keri→
director · ~34y · appointed 2023-03-06
View their other companies + combined net worth →
Active
MCATEE, Paul James→
director · ~37y · appointed 2020-02-15
View their other companies + combined net worth →
Active
SMITH, David James→
director · ~52y · appointed 2023-03-06
View their other companies + combined net worth →
Active
DORNAN, Jean→
secretary · appointed 1996-10-02 · resigned 2005-12-21
Resigned
LAUGHLIN, James→
secretary · appointed 2005-12-21 · resigned 2021-01-01
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1996-10-02 · resigned 1996-10-02
Resigned
HAINSWORTH, Philip→
director · ~77y · appointed 1996-10-02 · resigned 2005-12-21
Resigned
LAUGHLIN, James→
director · ~59y · appointed 2006-01-09 · resigned 2022-12-21
Resigned
LAUGHLIN, Jean→
director · ~69y · appointed 1996-10-02 · resigned 2022-12-21
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge—10/03/2025—
satisfied
James Laughlin (As Security Trustee)
A registered charge—21/12/202203/12/2024
satisfied
Ultimate Finance
Ultimate Finance Limited
A registered charge1 property08/12/202211/03/2025
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property16/12/199608/11/2022
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (116 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-22
change-person-director-company-with-change-date
officers · CH01
2025-09-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-09-17
change-person-director-company-with-change-date
officers · CH01
2025-09-17
change-person-director-company-with-change-date
officers · CH01
2025-09-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-17
change-person-secretary-company-with-change-date
officers · CH03
2025-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-14
mortgage-satisfy-charge-full
mortgage · MR04
2025-03-11
mortgage-satisfy-charge-full
mortgage · MR04
2024-12-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-23
change-person-director-company-with-change-date
officers · CH01
2024-09-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-12-14