MIL-TEK (SCOTLAND) LIMITED

💤Zombieactive
SC195290 · ltd · incorporated 1999-04-15
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Lifecycle stage: mature → zombie
  • · Investment thesis: unclassified → zombie_hold
  • · Deal-killer verdict: clean → workable
  • · Hygiene score: 77 → 67
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "zombie"
What changed my view
Last 30 days

Picture worsened over the last 30 days — 3 negative signals vs 1 positive.

  • ↓Lifecycle stage: mature → zombie
  • ·Investment thesis: unclassified → zombie_hold
  • ↑Deal-killer verdict: clean → workable
  • ↓Hygiene score: 77 → 67
  • ↓Refinance opportunity: clean_up_first → under_pressure
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
£3.0k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 39000
Sector: Water supply & waste
Investor take
Pursue
Active trading company with a 73-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (83/100, director aged 73). Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 26.8y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 26.8 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (71/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 5 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
82 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · FRS 105 (micro)
Positive net assets
Net assets £2,979

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
£3k
Current Assets
£127k
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-31
Total assets£31.4k
Current assets£127.1k
Net assets£3.0k

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
4
filings
  • • 2 officers
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 2 officers
  • • 1 persons-with-significant-control
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-05-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2026-05-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-05-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2026-05-06
    ➖
    MACKENZIE, Sonya Anne Maria resigned
    director
  5. 2026-05-06
    ➖
    SKANNERUP, Kristian resigned
    director
  6. 2025-11-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-11-02
    ➖
    NORRIE, Yvonne Lynn resigned
    director
  8. 2025-09-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2024-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2023-06-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-07-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-08-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-07-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-01-07
    ➕
    NORRIE, Yvonne Lynn appointed
    director
  15. 2020-01-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2019-09-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-08-15
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2017-11-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2016-06-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2012-04-01
    ➕
    NORRIE, Yvonne appointed
    secretary
  21. 2012-03-31
    ➖
    BIRKMYRE, Maria Teresa resigned
    secretary
  22. 2011-03-24
    ➕
    BIRKMYRE, Maria Teresa appointed
    secretary
  23. 2011-03-24
    ➕
    MACKENZIE, Sonya Anne Maria appointed
    director
  24. 2011-03-23
    ➖
    MACKENZIE, Sonya Anne Marie resigned
    secretary
  25. 2011-03-21
    ➖
    CURTIS, Patrick resigned
    director
  26. 1999-09-08
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  27. 1999-08-10
    ➕
    CURTIS, Patrick appointed
    director
  28. 1999-08-10
    ➕
    SKANNERUP, Kristian appointed
    director
  29. 1999-07-01
    ➕
    MACKENZIE, Sonya Anne Marie appointed
    secretary
  30. 1999-04-19
    ➕
    MACKENZIE, Thomas Stewart appointed
    director
  31. 1999-04-19
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  32. 1999-04-19
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director
  33. 1999-04-15
    🏢
    Company incorporated
    As MIL-TEK (SCOTLAND) LIMITED
  34. 1999-04-15
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  35. 1999-04-15
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 73 — succession pressure is live.

Succession & seller-readiness

100/100
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 73 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 27 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 ·
3 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: MACKENZIE, Sonya Anne Maria resigned 2026-05-06; NORRIE, Yvonne Lynn resigned 2025-11-02; SKANNERUP, Kristian resigned 2026-05-06

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Thomas Stewart Mackenzie
Individual · British · DOB 10/1953 · age 73
75–100%
75–100%board controlsig. influence75-100% shares · 75-100% voting · board control · significant influence · firm interest01/07/2016

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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ENVIROCLEAN (SCOTLAND) LIMITED→
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——24629y8459y
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——590061y8459y
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SC276252 · est 2004
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——021y8459y
BARR + WRAY HOLDINGS LIMITED→
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——029y8259y
BAILLIE WINDFARM LIMITED→
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————22y8371y
HIGHLANDER INTERNATIONAL RECYCLING LIMITED→
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——£1.59M—22y8361y
HIGHLANDER SECURITY SHREDDING LTD→
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——£646.8k—15y8361y
SPRUCE CARPETS LTD.→
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————21y8370y
DPM WATER TECHNOLOGIES LIMITED→
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——£353.6k—22y8271y
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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
Incorporated1999-04-15
Jurisdictionscotland
Primary SIC39000 — SIC 39000

Registered office

31 Colvilles Place
Kelvin Industrial Estate
East Kilbride
G75 0PZ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-24
Last: 2026-04-10

Officers (2 active · 8 resigned)

NORRIE, Yvonne→
secretary · appointed 2012-04-01
View their other companies + combined net worth →
Active
MACKENZIE, Thomas Stewart→
director · ~73y · appointed 1999-04-19
View their other companies + combined net worth →
Active
BIRKMYRE, Maria Teresa→
secretary · appointed 2011-03-24 · resigned 2012-03-31
Resigned
MACKENZIE, Sonya Anne Marie→
secretary · appointed 1999-07-01 · resigned 2011-03-23
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 1999-04-15 · resigned 1999-04-19
Resigned
CURTIS, Patrick→
director · ~86y · appointed 1999-08-10 · resigned 2011-03-21
Resigned
MACKENZIE, Sonya Anne Maria→
director · ~62y · appointed 2011-03-24 · resigned 2026-05-06
Resigned
NORRIE, Yvonne Lynn→
director · ~54y · appointed 2020-01-07 · resigned 2025-11-02
Resigned
SKANNERUP, Kristian→
director · ~67y · appointed 1999-08-10 · resigned 2026-05-06
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 1999-04-15 · resigned 1999-04-19
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property08/09/1999—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (82 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2026-05-07
termination-director-company-with-name-termination-date
officers · TM01
2026-05-07
termination-director-company-with-name-termination-date
officers · TM01
2026-05-07
termination-director-company-with-name-termination-date
officers · TM01
2025-11-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-12
accounts-with-accounts-type-micro-entity
accounts · AA
2021-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-13