SSQC LTD
Opportunity 79/100 (strong), bankability 77/100. Strong seller-intent signal (93/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
Refinance opportunity
3 live charges · 3 lenders · oldest 24.1y
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 24.1 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 30/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (72/100)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 · accounting standard unknown| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Average employees | 1000 | 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 incorporation
- • 1 resolution
Corporate timeline (88 events)Click to expand
- 2025-12-12📄memorandum-articlesincorporation · MA
- 2025-12-12📄resolutionresolution · RESOLUTIONS
- 2025-06-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-04-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-04-30🔓Charge satisfied #3
- 2025-04-30🔓Charge satisfied #1
- 2025-03-03📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-03-03🔓Charge satisfied #2
- 2024-10-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-12-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-14➖CUMMING, Grant resigneddirector
- 2022-12-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-21📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-05-18➖DRUMMOND, Gordon John resigneddirector
- 2021-03-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-05-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-05-13➖SANDISON, David Alexander resigneddirector
- 2019-12-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-03📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-05-03🔒Charge registered #3Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
- 2015-03-04➖WATSON, Louise resignedsecretary
- 2014-01-16➕CUMMING, Grant appointeddirector
- 2013-09-11➖STARK, Michael Otto Philipp resigneddirector
- 2012-05-12➖OROURKE, Niall resignedsecretary
- 2012-05-12➕WATSON, Louise appointedsecretary
- 2012-03-19➕HENDERSON, Ruth Agnes appointeddirector
- 2012-03-19➖HENRY, James Herculson resigneddirector
- 2012-01-19➖BLACK, John Hansen resigneddirector
- 2011-09-20🔒Charge registered #2Lender: David Alexander Sandison & Others
- 2011-06-29➖LAURENSON, Lindsay resigneddirector
- 2011-02-01➕DRUMMOND, Gordon John appointeddirector
- 2011-01-24➖NICOLSON, Arthur Benjamin resigneddirector
- 2011-01-12➖HAWKINS, Iris Jean resigneddirector
- 2011-01-12➕NICOLSON, Arthur Benjamin appointeddirector
- 2010-10-05➖HENDERSON, Ruth resigneddirector
- 2010-03-15➕LAURENSON, Lindsay appointeddirector
- 2010-01-22➖ANGUS, Lindsay James resigneddirector
- 2009-10-05➖HENRY, Lynne resignedsecretary
- 2009-10-05➕OROURKE, Niall appointedsecretary
- 2009-08-25➖SIMPSON, Joseph Gilbert resigneddirector
- 2008-08-22➕LEYLAND, Martin Thomas appointeddirector
- 2008-08-22➖ANGUS, Leslie resigneddirector
- 2008-08-22➕ANGUS, Lindsay James appointeddirector
- 2008-08-22➖FULLERTON, Elizabeth Laureen resigneddirector
- 2008-08-22➖NICOLSON, Arthur Benjamin resigneddirector
- 2008-08-22➕STARK, Michael Otto Philipp appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 26 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 ·Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
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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 · 31 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111) | A registered charge | — | 03/05/2017 | 30/04/2025 | |
| satisfied | David Alexander Sandison & Others | Floating charge | 1 property | 20/09/2011 | 03/03/2025 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 12/03/2002 | 30/04/2025 |