COHEN ALLOYS LTD.

🌳Matureactive
SC190210 · ltd · incorporated 1998-10-13
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 Jun 2025
Net worth
£1.33M
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 24420
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 24.2y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 24.2 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

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
50
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
10 officers (4 active, 10 linked, 6 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
94 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
85
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,327,977

Key financials

1 year extracted from filed iXBRL accounts
Cash
£500
Net Worth
£1.3m
Current Assets
£3.8m
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-30
Total assets£1.46M
Current assets£3.77M
Cash£500
Debtors£2.77M
Net assets£1.33M

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
0
filings
Last 90 days
2
filings
  • • 2 accounts
Last 180 days
3
filings
  • • 2 accounts
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2026-03-16
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  3. 2026-01-22
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-04-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-03-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-03-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-06-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-06-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-03-28
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  13. 2018-09-27
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  14. 2017-09-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2016-08-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2008-02-05
    🔒
    Charge registered #6
    Lender: The Royal Bank of Scotland PLC
  17. 2008-02-05
    🔒
    Charge registered #5
    Lender: M & M (Oldco) Limited
  18. 2008-01-26
    🔓
    Charge satisfied #2
  19. 2008-01-26
    🔓
    Charge satisfied #1
  20. 2008-01-18
    🔒
    Charge registered #4
    Lender: Rbs Invoice Finance Limited
  21. 2008-01-18
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  22. 2008-01-17
    ➕
    WATT, Graeme Lawrie appointed
    secretary
  23. 2008-01-17
    ➕
    DEVLIN, Stephen appointed
    director
  24. 2008-01-17
    ➕
    STIRRAT, David Kerr appointed
    director
  25. 2008-01-17
    ➕
    WATT, Graeme Lawrie appointed
    director
  26. 2008-01-17
    ➖
    SHIELDS, David resigned
    secretary
  27. 2008-01-17
    ➕
    STIRRAT, David Kerr appointed
    secretary
  28. 2008-01-17
    ➖
    STIRRAT, David Kerr resigned
    secretary
  29. 2008-01-17
    ➖
    PATERSON, Alan Veitch resigned
    director
  30. 2008-01-17
    ➖
    SHIELDS, David resigned
    director
  31. 2002-02-13
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  32. 2002-02-01
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  33. 2001-06-06
    ➖
    HILL, Thomas Flaherty resigned
    director
  34. 1999-07-01
    ➕
    HILL, Thomas Flaherty appointed
    director
  35. 1998-10-13
    🏢
    Company incorporated
    As COHEN ALLOYS LTD.
  36. 1998-10-13
    ➕
    SHIELDS, David appointed
    secretary
  37. 1998-10-13
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  38. 1998-10-13
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  39. 1998-10-13
    ➕
    PATERSON, Alan Veitch appointed
    director
  40. 1998-10-13
    ➕
    SHIELDS, David appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

83/100
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 74 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 18 years.
  • 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

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr David Kerr Stirrat
Individual · British · DOB 07/1952 · age 74
——sig. influencesignificant influence06/04/2016

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 · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
DEACON BROTHERS (PRINTERS) LIMITED→
SC029829 · est 1954 · no financials extracted
————72y——
DMG FLOORCARE LTD→
SC351715 · est 2008 · no financials extracted
————17y——
ELIMATT CONSTRUCTION LTD→
SC749797 · est 2022 · no financials extracted
————3y——
EMBRAND LTD→
SC868011 · est 2025 · no financials extracted
———————
EPR SCOTLAND LIMITED→
SC147994 · est 1993 · no financials extracted
————32y——
FEENESSUK LTD→
SC804438 · est 2024 · no financials extracted
————2y——
FINEST BADGES LIMITED→
SC800666 · est 2024 · no financials extracted
————2y——
FISNAR EUROPE LTD→
SC379233 · est 2010 · no financials extracted
————15y——
FLAMEO IT LIMITED→
SC756256 · est 2023 · no financials extracted
————3y——
FLEMING BUILDINGS LIMITED→
SC049540 · est 1971 · no financials extracted
————54y——
FLEXIDUCTING.NET LIMITED→
SC533183 · est 2016 · no financials extracted
————9y——
FLOROSKOUFIS AIR SERVICES LTD→
SC752530 · est 2022 · no financials extracted
————3y——
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
Incorporated1998-10-13
Jurisdictionscotland
Primary SIC24420 — SIC 24420

Registered office

121 Barfillan Drive
Glasgow
G52 1BH

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-10-27
Last: 2025-10-13

Officers (4 active · 6 resigned)

WATT, Graeme Lawrie→
secretary · appointed 2008-01-17
View their other companies + combined net worth →
Active
DEVLIN, Stephen→
director · ~67y · appointed 2008-01-17
View their other companies + combined net worth →
Active
STIRRAT, David Kerr→
director · ~74y · appointed 2008-01-17
View their other companies + combined net worth →
Active
WATT, Graeme Lawrie→
director · ~74y · appointed 2008-01-17
View their other companies + combined net worth →
Active
SHIELDS, David→
secretary · appointed 1998-10-13 · resigned 2008-01-17
Resigned
STIRRAT, David Kerr→
secretary · appointed 2008-01-17 · resigned 2008-01-17
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1998-10-13 · resigned 1998-10-13
Resigned
HILL, Thomas Flaherty→
director · ~60y · appointed 1999-07-01 · resigned 2001-06-06
Resigned
PATERSON, Alan Veitch→
director · ~78y · appointed 1998-10-13 · resigned 2008-01-17
Resigned
SHIELDS, David→
director · ~66y · appointed 1998-10-13 · resigned 2008-01-17
Resigned

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

Mortgages & charges

6
Total charges
4
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property05/02/2008—
outstanding
M & M (Oldco)
M & M (Oldco) Limited
Standard security1 property05/02/2008—
outstanding
NatWest Group
Rbs Invoice Finance Limited
Floating charge1 property18/01/2008—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property18/01/2008—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property13/02/200226/01/2008
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property01/02/200226/01/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (94 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-03-27
change-account-reference-date-company-previous-extended
accounts · AA01
2026-03-16
change-person-director-company-with-change-date
officers · CH01
2026-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
change-person-director-company-with-change-date
officers · CH01
2025-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-14