KERR NELSON LIMITED

💤Zombieactive

SC176989 · ltd · incorporated 1997-07-07

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

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

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 29320

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 71). 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 (73/100).

🏦

Refinance opportunity

2 live charges · oldest 28.2y

45/100

under pressure

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

· Oldest live charge is 28.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (74/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

13 officers (1 active, 13 linked, 9 with DOB)

Ownership & PSC

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

Director network

10 connected companies via shared directors

Filing history

112 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31
Average employees	100

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

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

Counts from Companies House filing history.

Corporate timeline (43 events)Click to expand

2026-04-10
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-09-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-09-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-10-10
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-10-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-10-01
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-02-05
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-08-06
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-04-30
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-07-13
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2017-05-11
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-04-20
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-03-04
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-02-12
➖
CHAHAL, Sukhjinder Singh resigned
secretary
2016-02-12
➖
CHAHAL, Sukhjinder Singh resigned
director
2015-07-22
📄
annual-return-company-with-made-up-date
annual-return · AR01
2010-11-06
🔓
Charge satisfied #1
2007-12-21
➕
TURNER, Ian Leslie appointed
director
2007-12-21
➕
CHAHAL, Sukhjinder Singh appointed
secretary
2007-12-21
➖
STAPLES, Alison Jane resigned
secretary
2007-12-21
➖
BREAKELL, Steven Andrew resigned
director
2007-12-21
➕
CHAHAL, Sukhjinder Singh appointed
director
2007-12-21
➖
SCANES, Derrick John resigned
director
2007-12-21
➖
SCANES, Rodney Blake resigned
director
2004-08-24
➕
BREAKELL, Steven Andrew appointed
director
2004-03-01
➖
BIESEBROEK, John Charles resigned
director
1999-09-06
➕
BIESEBROEK, John Charles appointed
director
1999-03-31
➖
BATTY, John Anthony resigned
director
1999-03-31
➖
NELSON, Hugh Scandlers resigned
director
1999-02-09
➖
HAMILTON, Harold resigned
secretary
1999-02-09
➕
STAPLES, Alison Jane appointed
secretary
1999-02-09
➕
SCANES, Rodney Blake appointed
director
1999-02-01
➕
SCANES, Derrick John appointed
director
1998-09-23
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1998-05-01
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1997-07-24
➕
HAMILTON, Harold appointed
secretary
1997-07-24
➕
BATTY, John Anthony appointed
director
1997-07-24
➕
NELSON, Hugh Scandlers appointed
director
1997-07-07
🏢
Company incorporated
As KERR NELSON LIMITED
1997-07-07
➕
REID, Brian appointed
nominee-secretary
1997-07-07
➖
REID, Brian resigned
nominee-secretary
1997-07-07
➕
MABBOTT, Stephen appointed
nominee-director
1997-07-07
➖
MABBOTT, Stephen resigned
nominee-director

Owner dependency

100/100

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.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

98/100

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 71 years old. Natural succession window is now.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondary12+ year tenure: Director in role 19 years.
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

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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Ian Leslie Turner Individual · British · DOB 12/1955 · age 71	75–100%	75–100%	75-100% shares · 75-100% voting	07/07/2016

1 historic (ceased) PSC

Mrs Margaret Turnerceased 10/04/2026· 75-100% shares · 75-100% voting

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 · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
LINN PRODUCTS LIMITED→ SC052366 · est 1973	£7.07M £5.50M–£8.65M	—	—	170	53y	85	80y
CALEDONIAN PLYWOOD COMPANY LTD.→ SC195444 · est 1999	£6.46M £5.02M–£7.89M	—	—	8100	27y	85	72y
PITREAVIE PACKAGING LIMITED→ SC290452 · est 2005	£4.66M £3.63M–£5.70M	£24.98M	—	15700	20y	84	70y
PCT GROUP SALES LIMITED→ SC075642 · est 1981	£3.56M £2.77M–£4.35M	—	—	77	44y	85	83y
PROMAT BD LIMITED→ SC208370 · est 2000	£3.41M £2.65M–£4.17M	—	—	8500	26y	87	70y
KELVINSIDE ELECTRONICS LIMITED→ SC105407 · est 1987	£3.30M £2.57M–£4.03M	—	—	57	39y	84	65y
SAMTEC (EUROPE) LIMITED→ SC096674 · est 1986	£2.93M £2.28M–£3.59M	—	—	27	40y	85	65y
THOMAS TUNNOCK LIMITED→ SC028747 · est 1952	£2.26M £1.76M–£2.76M	—	—	653	74y	85	93y
SOAPWORKS LIMITED→ SC388292 · est 2010	£817.8k £636.1k–£999.6k	£11.53M	—	10300	15y	84	62y
WALKI LIMITED→ SC014320 · est 1926	£439.3k £341.7k–£536.9k	—	—	35	99y	94	61y
LINIAN SUPPLY CO. LIMITED→ SC246119 · est 2003	—	—	—	1400	23y	88	66y
BLUETON LIMITED→ SC282644 · est 2005	—	—	—	12	21y	83	59y

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

8 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

Incorporated1997-07-07

Jurisdictionscotland

Primary SIC29320 — SIC 29320

Registered office

C/O Thomas Barrie & Co Llp Atlantic House

1a Cadogan Street

Glasgow

G2 6QE

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-07-17

Last: 2026-07-03

Officers (1 active · 12 resigned)

TURNER, Ian Leslie→

director · ~71y · appointed 2007-12-21

View their other companies + combined net worth →

Active

CHAHAL, Sukhjinder Singh→

secretary · appointed 2007-12-21 · resigned 2016-02-12

Resigned

HAMILTON, Harold→

secretary · appointed 1997-07-24 · resigned 1999-02-09

Resigned

REID, Brian→

nominee-secretary · appointed 1997-07-07 · resigned 1997-07-07

Resigned

STAPLES, Alison Jane→

secretary · appointed 1999-02-09 · resigned 2007-12-21

Resigned

BATTY, John Anthony→

director · ~78y · appointed 1997-07-24 · resigned 1999-03-31

Resigned

BIESEBROEK, John Charles→

director · ~73y · appointed 1999-09-06 · resigned 2004-03-01

Resigned

BREAKELL, Steven Andrew→

director · ~63y · appointed 2004-08-24 · resigned 2007-12-21

Resigned

CHAHAL, Sukhjinder Singh→

director · ~58y · appointed 2007-12-21 · resigned 2016-02-12

Resigned

MABBOTT, Stephen→

nominee-director · ~76y · appointed 1997-07-07 · resigned 1997-07-07

Resigned

NELSON, Hugh Scandlers→

director · ~84y · appointed 1997-07-24 · resigned 1999-03-31

Resigned

SCANES, Derrick John→

director · ~83y · appointed 1999-02-01 · resigned 2007-12-21

Resigned

SCANES, Rodney Blake→

director · ~81y · appointed 1999-02-09 · resigned 2007-12-21

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	23/09/1998	—
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	01/05/1998	06/11/2010

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (112 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-07-10

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2026-04-10