MCE ENGINEERING (SCOTLAND) LTD
Opportunity 75/100 (strong), bankability 85/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 27.6y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 27.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|---|---|
| Average employees | 900 | 1000 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 confirmation-statement
- • 1 confirmation-statement
Corporate timeline (32 events)Click to expand
- 2025-10-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-12-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-03-21📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-02-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-03-23📄change-person-secretary-company-with-change-dateofficers · CH03
- 2021-03-23📄change-person-director-company-with-change-dateofficers · CH01
- 2020-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2019-11-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-13📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2018-09-13📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2018-09-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-09-13📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2018-09-13📄change-person-director-company-with-change-dateofficers · CH01
- 2018-08-31➕FALCONER, Stacey appointedsecretary
- 2018-07-31➖EDELSTON, Maurice Cooke resigneddirector
- 2018-05-01➕FALCONER, Christopher appointeddirector
- 2018-01-26🔓Charge satisfied #1
- 2016-06-11➖EDELSTON, Brigitte Albertine Simone resignedsecretary
- 2016-06-11➖EDELSTON, Brigitte Albertine Simone resigneddirector
- 1998-09-14🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1998-07-31➕EDELSTON, Brigitte Albertine Simone appointedsecretary
- 1998-07-31➖MESSRS THORNTONS WS resignedcorporate-nominee-secretary
- 1998-07-31➕EDELSTON, Brigitte Albertine Simone appointeddirector
- 1998-07-31➕EDELSTON, Maurice Cooke appointeddirector
- 1998-07-31➖HUTCHESON, Iain Henderson resignednominee-director
- 1998-06-10🏢Company incorporatedAs MCE ENGINEERING (SCOTLAND) LTD
- 1998-06-10➕MESSRS THORNTONS WS appointedcorporate-nominee-secretary
- 1998-06-10➕HUTCHESON, Iain Henderson appointednominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
Csf Holdings (Scotland) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Csf Holdings (Scotland) Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/07/2018 |
1 historic (ceased) PSC
- Mr Maurice Cooke Edelstonceased 31/07/2018· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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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 →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
Registered office
Filing status
Officers (2 active · 5 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 14/09/1998 | 26/01/2018 |