123V LTD

🌳Matureactive

SC178923 · ltd · incorporated 1997-09-22

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 closing · medium confidence

Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.

· Hygiene score: 85 → 90

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 19.3y old — refinance window within 12 months

What changed my view

Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

↑Hygiene score: 85 → 90

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 Mar 2025

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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

What this business does

Primary activity: SIC 23140

Sector: Manufacturing

ALSO REGISTERED FOR

25110Manufacture of metal structures and parts of structures
43999Other specialised construction activities n.e.c.

Investor take

Pursue

Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 75/100. 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. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 19.3y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 19.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile

address, 3 SIC codes, incorporation date

100

Financials

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

Lenders & charges

3 charges (3/3 with lender, 3/3 with type)

Directors & officers

27 officers (6 active, 27 linked, 21 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

160 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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 · accounting standard unknown

Metric	2025-03-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 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

filings

Last 90 days

filings

Last 180 days

filings

• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (72 events)Click to expand

2026-01-21
📄
replacement-filing-of-director-appointment-with-name
officers · RP01AP01
2025-12-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-07-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-05-31
➖
FREEMAN, David John resigned
director
2025-05-31
➖
FREEMAN, Jean Ann resigned
director
2025-01-13
📄
accounts-with-accounts-type-full
accounts · AA
2024-03-04
📄
resolution
resolution · RESOLUTIONS
2024-03-04
✏️
certificate-re-registration-public-limited-company-to-private
change-of-name · CERT10
2024-03-04
✏️
reregistration-public-to-private-company
change-of-name · RR02
2024-03-04
📄
re-registration-memorandum-articles
incorporation · MAR
2023-09-28
📄
accounts-with-accounts-type-full
accounts · AA
2023-04-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-03-31
➖
MARLIN, Samuel Arthur resigned
director
2023-02-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-10
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-01-11
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-12-09
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2022-07-29
📄
accounts-with-accounts-type-full
accounts · AA
2021-09-30
📄
accounts-with-accounts-type-full
accounts · AA
2020-03-12
➖
MARLIN, William Derek resigned
director
2020-01-10
➕
ANDERSON, Pamela appointed
director
2019-11-30
➕
DRYSDALE, Robert Stewart appointed
director
2018-02-14
➕
MARLIN, Soffia appointed
director
2018-02-14
➕
MARLIN, William Derek appointed
director
2018-01-29
➖
MARLIN, Soffia resigned
director
2018-01-25
➖
MARLIN, William Derek resigned
director
2016-09-19
➕
MARLIN, Samuel Arthur appointed
director
2016-08-15
➖
MARLIN, Samuel Arthur resigned
director
2016-03-23
➕
MARLIN, William Derek appointed
director
2015-08-13
🔒
Charge registered #3
Lender: Clydesdale Bank PLC
2015-04-01
➕
MARLIN, Soffia appointed
director
2014-05-27
➕
TASKER, Ann appointed
secretary
2014-05-27
➖
MARLIN, Robin Arthur resigned
secretary
2012-03-30
➖
BAIARDO, Marco resigned
director
2011-07-29
➖
O'BRIEN, Michelle resigned
director
2010-10-01
➕
MARLIN, Robin Arthur appointed
secretary
2010-10-01
➖
MACFARLANE GRAY LIMITED resigned
corporate-secretary
2010-09-01
➖
MARLIN, Robin Arthur resigned
secretary
2010-09-01
➕
MACFARLANE GRAY LIMITED appointed
corporate-secretary
2010-06-15
➕
MARLIN, Alexandra Jayne appointed
director
2010-06-14
➖
MARLIN, Alexandra Jayne resigned
director
2010-05-26
➕
BAIARDO, Marco appointed
director
2009-06-09
➕
O'BRIEN, Michelle appointed
director
2009-05-29
➖
MITCHELL, Jenness resigned
director
2008-09-03
🔒
Charge registered #2
Lender: Clydesdale Bank PLC
2008-06-25
➕
FREEMAN, David John appointed
director

Showing most recent 50 of 72 events

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

80/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 24 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Alexandra Jayne Marlin Individual · British · DOB 03/1971 · age 55	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control · firm interest	09/12/2022
Mr Robin Arthur Marlin Individual · British · DOB 03/1960 · age 66	—	—	board controlboard control · firm interest	06/04/2016

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

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ABERDEEN BLIND COMPANY LIMITED→ SC130460 · est 1991	—	—	—	900	35y	83	64y
ACADIAN ENGINEERING LIMITED→ SC150669 · est 1994	—	—	—	12	32y	83	71y
E & O LABORATORIES LIMITED→ SC125360 · est 1990	—	—	£21.13M	—	36y	83	69y
EMBLATION LIMITED→ SC346874 · est 2008 · no financials extracted	—	—	—	—	17y	83	75y
FALKIRK WHISKY DISTILLERY COMPANY LIMITED→ SC332343 · est 2007	—	—	—	500	18y	83	81y
LEGGE STEEL (FABRICATIONS) LIMITED→ SC088016 · est 1984	—	—	—	19	42y	83	59y
LITHIUM SYSTEMS LIMITED→ SC255743 · est 2003	—	—	—	1700	22y	83	63y
PALIMPSEST BOOK PRODUCTION COMPANY LIMITED→ SC153712 · est 1994	—	—	£432.2k	—	31y	83	62y
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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

Incorporated1997-09-22

Jurisdictionscotland

Primary SIC23140 — SIC 23140

Registered office

Canopy House Ramsay Street

Coalsnaughton

Tillicoultry

Clackmannanshire

FK13 6LH

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-01-24

Last: 2026-01-10