OILFIELD TOOL INSPECTION LIMITED

🌳Matureactive
SC184389 · ltd · incorporated 1998-03-31
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
80/100
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.

What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
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 employees500500

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-06-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-09-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2017-07-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-09-29
    📄
    capital-name-of-class-of-shares
    capital · SH08
  11. 2016-09-26
    📄
    capital-allotment-shares
    capital · SH01
  12. 2016-09-26
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  13. 2016-09-26
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2016-09-26
    📄
    statement-of-companys-objects
    change-of-constitution · CC04
  15. 2016-06-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 1998-03-31
    🏢
    Company incorporated
    As OILFIELD TOOL INSPECTION LIMITED
  17. 1998-03-31
    DAVIDSON, Murray Bruce appointed
    secretary
  18. 1998-03-31
    DAVIDSON, Murray Bruce appointed
    director
  19. 1998-03-31
    DAVIDSON, Pamela Anne appointed
    director
  20. 1998-03-31
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  21. 1998-03-31
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary

Owner dependency

84/100
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 28 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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
NameSharesVoting rightsNature of controlNotified
Mrs Pamela Anne Davidson
Individual · British · DOB 05/1972 · age 54
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Murray Bruce Davidson
Individual · British · DOB 02/1967 · age 59
2550%
25–50%25-50% shares · 25-50% voting06/04/2016

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

Similar companies

Active · Professional services · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
GENERAL OCEANS UK HOLDINGS LTD
SC308386 · est 2006
£9.77M
£7.20M£12.34M
019y8468y
HIGHLAND FUELS HOLDINGS LIMITED
SC215790 · est 2001
£9.50M
£7.00M£12.00M
30025y8862y
CRAIGSHANNOCH LIMITED
SC191743 · est 1998
£5.90M
£4.34M£7.45M
£2.95M30027y8867y
HSB HOLDINGS LIMITED
SC260511 · est 2003
£3.58M
£2.64M£4.52M
022y8461y
T D C PARSONS PEEBLES LIMITED
SC663297 · est 2020
£2.76M
£2.03M£3.48M
£11.52M51005y8777y
ROTECH HOLDINGS LIMITED
SC148822 · est 1994
£1.97M
£1.45M£2.49M
£453.6k032y9258y
WELLTEC (UK) LTD.
SC204742 · est 2000
£134.9k
£99.4k£170.4k
£17.23M320026y8562y
ACCURA MEASUREMENT LIMITED
SC322109 · est 2007
£5.47M19y8360y
ALLEN ASSOCIATES (H.P.E.) LIMITED
SC201596 · est 1999 · no financials extracted
26y8359y
BOURTREE INVESTMENTS LIMITED
SC190868 · est 1998
27y8361y
CONNECT NDT LIMITED
SC205224 · est 2000
26y8370y
CUMMING & CO. (ABERDEEN) LTD.
SC248131 · est 2003
£352.1k23y8358y
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
Incorporated1998-03-31
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

18 Wilson Road
Banchory
Aberdennshire
AB31 5UY

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-17
Last: 2026-03-03

Officers (3 active · 1 resigned)

DAVIDSON, Murray Bruce
secretary · appointed 1998-03-31
View their other companies + combined net worth →
Active
DAVIDSON, Murray Bruce
director · ~59y · appointed 1998-03-31
View their other companies + combined net worth →
Active
DAVIDSON, Pamela Anne
director · ~54y · appointed 1998-03-31
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1998-03-31 · resigned 1998-03-31
Resigned

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

Recent filings (67 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-14
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-04