KEY-TECH (SCOTLAND) LIMITED

🌳Matureactive
SC171778 · ltd · incorporated 1997-01-23
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 Apr 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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: SIC 26120
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 25.7y

35/100
too messy

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

  • · Oldest live charge is 25.7 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — 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
8 officers (2 active, 8 linked, 5 with DOB)
83
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
115 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
85
Strong succession / seller-readiness signals.
Risk profile
82
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-30
Average employees546300

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
1
filing
  • • 1 confirmation-statement
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 accounts
  • • 1 address
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-01-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  2. 2025-11-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  4. 2025-01-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2024-12-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2024-03-21
    ➖
    CCW SECRETARIES LIMITED resigned
    corporate-secretary
  7. 2024-03-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2023-12-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2023-02-08
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  10. 2023-02-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-11-22
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2022-01-14
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2020-12-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2020-01-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2018-10-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2018-01-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2016-07-08
    🔓
    Charge satisfied #4
  18. 2005-05-25
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  19. 2005-05-17
    🔓
    Charge satisfied #2
  20. 2005-05-12
    ➕
    SPENCE, James appointed
    director
  21. 2005-05-12
    ➕
    WEIR, David appointed
    director
  22. 2005-05-12
    ➕
    CCW SECRETARIES LIMITED appointed
    corporate-secretary
  23. 2005-05-12
    ➖
    PURPLE VENTURE SECRETARIES LIMITED resigned
    corporate-secretary
  24. 2005-05-12
    ➖
    BROWN, James, Dr resigned
    director
  25. 2005-05-12
    ➖
    KEYTE, Brian Desmond Robert resigned
    director
  26. 2005-05-12
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland Commercial Services Limited
  27. 2005-02-28
    ➕
    PURPLE VENTURE SECRETARIES LIMITED appointed
    corporate-secretary
  28. 2005-02-28
    ➖
    YOUNG & PARTNERS resigned
    corporate-secretary
  29. 2003-04-24
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  30. 2000-08-11
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  31. 1997-01-27
    ➕
    BROWN, James, Dr appointed
    director
  32. 1997-01-27
    ➕
    KEYTE, Brian Desmond Robert appointed
    director
  33. 1997-01-27
    ➖
    YOUNG, Thomas Duncan resigned
    director
  34. 1997-01-23
    🏢
    Company incorporated
    As KEY-TECH (SCOTLAND) LIMITED
  35. 1997-01-23
    ➕
    YOUNG & PARTNERS appointed
    corporate-secretary
  36. 1997-01-23
    ➕
    YOUNG, Thomas Duncan appointed
    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 21 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Group structure

Key-Tech Electronic Systems Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Key-Tech Electronic Systems Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
KEY-TECH (SCOTLAND) LIMITED
This company · SC171778

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
Key-Tech Electronic Systems Limited
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

Similar companies

Active · Manufacturing · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LAMMER ENGINEERING LTD→
SC473736 · est 2014 · no financials extracted
————12y——
LENTITEK LTD→
SC633239 · est 2019 · no financials extracted
————6y——
LIAVELLA LIMITED→
SC742396 · est 2022 · no financials extracted
————3y——
LIFT CONTROL LTD.→
SC150067 · est 1994 · no financials extracted
————32y——
LIVINGREEN DESIGN LIMITED→
SC394013 · est 2011 · no financials extracted
————15y——
LIVINGSTON CNC SERVICES LTD→
SC796821 · est 2024 · no financials extracted
————2y——
LIVINGSTON PRECISION (ENGINEERING) LIMITED→
SC222611 · est 2001 · no financials extracted
————24y——
LMB HEATING LIMITED→
SC850420 · est 2025 · no financials extracted
———————
LORIMER & KELLIE LTD→
SC699980 · est 2021 · no financials extracted
————4y——
LORNE RESOURCES LTD→
SC419439 · est 2012 · no financials extracted
————14y——
LOVEROSE LIMITED→
SC773238 · est 2023 · no financials extracted
————2y——
LST MACHINING LTD→
SC792282 · est 2023 · no financials extracted
————2y——
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
Incorporated1997-01-23
Jurisdictionscotland
Primary SIC26120 — SIC 26120

Registered office

C/O Wright, Johnston & Mackenzie Llp
12 Hope Street
Edinburgh
EH2 4DB
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-02-06
Last: 2026-01-23

Officers (2 active · 6 resigned)

SPENCE, James→
director · ~59y · appointed 2005-05-12
View their other companies + combined net worth →
Active
WEIR, David→
director · ~62y · appointed 2005-05-12
View their other companies + combined net worth →
Active
CCW SECRETARIES LIMITED→
corporate-secretary · appointed 2005-05-12 · resigned 2024-03-21
Resigned
PURPLE VENTURE SECRETARIES LIMITED→
corporate-secretary · appointed 2005-02-28 · resigned 2005-05-12
Resigned
YOUNG & PARTNERS→
corporate-secretary · appointed 1997-01-23 · resigned 2005-02-28
Resigned
BROWN, James, Dr→
director · ~81y · appointed 1997-01-27 · resigned 2005-05-12
Resigned
KEYTE, Brian Desmond Robert→
director · ~76y · appointed 1997-01-27 · resigned 2005-05-12
Resigned
YOUNG, Thomas Duncan→
director · ~74y · appointed 1997-01-23 · resigned 1997-01-27
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
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property25/05/200508/07/2016
outstanding
Lloyds Banking Group
The Royal Bank of Scotland Commercial Services Limited
Floating charge1 property12/05/2005—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property24/04/200317/05/2005
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property11/08/2000—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (115 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-19
accounts-with-accounts-type-small
accounts · AA
2026-01-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-11-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-06
accounts-with-accounts-type-small
accounts · AA
2025-01-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-12-17
termination-secretary-company-with-name-termination-date
officers · TM02
2024-03-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-small
accounts · AA
2023-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-08
change-corporate-secretary-company-with-change-date
officers · CH04
2023-02-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-08
accounts-with-accounts-type-small
accounts · AA
2022-11-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-04