LINGANBO ENGINEERING LIMITED

🌳Matureactive

SC186066 · ltd · incorporated 1998-05-26

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 steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

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 Sept 2024

Net worth

£-16.3k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 09100

Sector: Mining & quarrying

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -95% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

6 officers (3 active, 6 linked, 4 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

76 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £16,346

Net assets shrinking

Down £32,921 YoY

Cash draining

Cash down 95% YoY

Cash YoY

-95%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£451

↓ 95% YoY

Net Worth

-£16k

↓ 199% YoY

Current Assets

£78k

↓ 18% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-30	2023-09-30
Total assets	£-16.3k	£16.6k
Current assets	£77.8k	£94.9k
Cash	£451	£8.7k
Debtors	£4.0k	£2.2k
Net assets	£-16.3k	£16.6k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (27 events)Click to expand

2025-06-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-09
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-09
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-09
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-09
📄
change-person-secretary-company-with-change-date
officers · CH03
2025-01-09
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-07-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-04-09
📄
termination-director-company-with-name-termination-date
officers · TM01
2019-06-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-05-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-06-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-01
➕
MORGAN, Avril Georgia appointed
director
2015-06-30
➕
MORGAN, Avril Georgia appointed
director
2015-06-30
➖
MORGAN, Avril Georgia resigned
director
1998-05-26
🏢
Company incorporated
As LINGANBO ENGINEERING LIMITED
1998-05-26
➕
MORGAN, Avril Georgia appointed
secretary
1998-05-26
➕
MORGAN, Michael Graham appointed
director
1998-05-26
➕
REID, Brian appointed
nominee-secretary
1998-05-26
➖
REID, Brian resigned
nominee-secretary
1998-05-26
➕
MABBOTT, Stephen appointed
nominee-director
1998-05-26
➖
MABBOTT, Stephen resigned
nominee-director

Owner dependency

91/100

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.
+Founder age: Director aged approximately 77 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100

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 77 years old. Natural succession window is now.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael Graham Morgan Individual · British · DOB 10/1949 · age 77	50–75%	50–75%	board control50-75% shares · 50-75% voting · board control	06/04/2016
Mrs Avril Georgia Morgan Individual · British · DOB 04/1955 · age 71	25–50%	25–50%	25-50% shares · 25-50% voting	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

Active · Manufacturing · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GRAY & ADAMS LIMITED→ SC047482 · est 1970	£75.13M £58.44M–£91.83M	—	—	502	56y	87	71y
GRAY & ADAMS GROUP LIMITED→ SC230241 · est 2002	£53.82M £41.86M–£65.78M	—	—	0	24y	85	71y
GRAY & ADAMS (DUNFERMLINE) LIMITED→ SC082971 · est 1983	£17.07M £13.28M–£20.87M	—	—	106	43y	85	71y
GRAY & ADAMS (DONCASTER) LIMITED→ SC128013 · est 1990	£16.62M £12.93M–£20.32M	—	—	101	35y	87	71y
INTERWELL LIMITED→ SC391140 · est 2011	£10.98M £8.54M–£13.42M	£33.44M	—	7800	15y	91	60y
EBLAST LIMITED→ SC202165 · est 1999	£8.03M £6.24M–£9.81M	£11.11M	—	7400	26y	88	57y
DALES ENGINEERING SERVICES LIMITED→ SC107948 · est 1987	£6.22M £4.84M–£7.60M	£21.87M	—	11000	38y	93	70y
SUPERIOR ENERGY SERVICES LIMITED→ SC259694 · est 2003	£6.15M £4.78M–£7.51M	£1.45M	—	1500	22y	94	60y
IMENCO UK LIMITED→ SC372021 · est 2010	£5.97M £4.64M–£7.29M	£17.33M	—	11500	16y	95	71y
TGT OILFIELD SERVICES UK LIMITED→ SC427554 · est 2012	£2.26M £1.76M–£2.76M	£9.93M	—	3000	13y	84	61y
VECTOR SUPPLIES LIMITED→ SC103810 · est 1987	£1.63M £1.27M–£1.99M	—	—	16	39y	85	71y
DALES 2002 LIMITED→ SC234880 · est 2002	£1.27M £990.2k–£1.56M	—	—	0	23y	83	70y

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

🔒Tailored diligence questions

7 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

Incorporated1998-05-26

Jurisdictionscotland

Primary SIC09100 — SIC 09100

Registered office

The Byre Linganbo

King Edward

Banff

Aberdeenshire

AB45 3NS

Scotland

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2026-05-28

Last: 2025-05-14

Officers (3 active · 3 resigned)

MORGAN, Avril Georgia→

secretary · appointed 1998-05-26

View their other companies + combined net worth →

Active

MORGAN, Avril Georgia→

director · ~71y · appointed 2015-07-01

View their other companies + combined net worth →

Active

MORGAN, Michael Graham→

director · ~77y · appointed 1998-05-26

View their other companies + combined net worth →

Active

REID, Brian→

nominee-secretary · appointed 1998-05-26 · resigned 1998-05-26

Resigned

MABBOTT, Stephen→

nominee-director · ~76y · appointed 1998-05-26 · resigned 1998-05-26

Resigned

MORGAN, Avril Georgia→

director · ~71y · appointed 2015-06-30 · resigned 2015-06-30

Resigned

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

Recent filings (76 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-06-26

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-30

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-01-09

change-person-director-company-with-change-date

officers · CH01

2025-01-09

change-to-a-person-with-significant-control

persons-with-significant-control · PSC04

2025-01-09

change-person-director-company-with-change-date

officers · CH01

2025-01-09

change-person-secretary-company-with-change-date

officers · CH03

2025-01-09

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-01-09

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-07-02

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-24

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-06-30

confirmation-statement-with-updates

confirmation-statement · CS01

2023-05-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-06-29

confirmation-statement-with-updates

confirmation-statement · CS01

2022-05-20

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-06-28