ONLINE FURNACE SERVICES LIMITED

🌳Matureactive
SC212200 · ltd · incorporated 2000-10-23
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 25.0y old — refinance window within 12 months
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 Mar 2025
Net worth
£1.11M
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 25.0y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 25.0 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 23/100 — clean.

Data confidence

Overall: medium (76/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 9 with DOB)
84
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
80 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
70
Strong succession / seller-readiness signals.
Risk profile
85
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 £1,106,168

Key financials

1 year extracted from filed iXBRL accounts
Cash
£399k
Net Worth
£1.1m
Current Assets
£2.1m
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£1.81M
Current assets£2.11M
Cash£398.9k
Debtors£1.14M
Net assets£1.11M

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (46 events)Click to expand
  1. 2025-11-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-03-21
    MCGUFFIE, Steven Richard appointed
    director
  4. 2025-03-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-03-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  8. 2025-03-17
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2025-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2025-03-17
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  11. 2025-03-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2025-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2025-03-14
    MITCHELL, Keith Lewis appointed
    director
  15. 2025-03-14
    POWELL, Shauna Margaret appointed
    director
  16. 2025-03-14
    TURNBULL, Alan Alexander resigned
    secretary
  17. 2025-03-14
    HILL, Thomas Flaherty resigned
    director
  18. 2025-03-14
    MITCHELL, Keith Lewis appointed
    director
  19. 2025-03-14
    MITCHELL, Keith Lewis resigned
    director
  20. 2025-03-14
    TURNBULL, Alan Alexander resigned
    director
  21. 2025-03-14
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC (Trading as Virgin Money)
  22. 2024-06-03
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  23. 2024-05-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2024-05-20
    🔓
    Charge satisfied #1
  25. 2024-05-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  26. 2024-04-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  27. 2023-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  28. 2023-03-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  29. 2021-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  30. 2007-08-06
    MITCHELL, John Woods resigned
    director
  31. 2001-07-05
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  32. 2001-06-20
    TURNBULL, Matthew resigned
    secretary
  33. 2001-06-20
    MITCHELL, John Woods appointed
    director
  34. 2001-06-20
    TURNBULL, Jessie Mcguivray Campbell resigned
    director
  35. 2001-06-20
    TURNBULL, Matthew resigned
    director
  36. 2001-06-14
    TURNBULL, Alan Alexander appointed
    secretary
  37. 2001-06-14
    HILL, Thomas Flaherty appointed
    director
  38. 2001-06-14
    TURNBULL, Alan Alexander appointed
    director
  39. 2000-10-23
    🏢
    Company incorporated
    As ONLINE FURNACE SERVICES LIMITED
  40. 2000-10-23
    TURNBULL, Matthew appointed
    secretary
  41. 2000-10-23
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  42. 2000-10-23
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  43. 2000-10-23
    TURNBULL, Jessie Mcguivray Campbell appointed
    director
  44. 2000-10-23
    TURNBULL, Matthew appointed
    director
  45. 2000-10-23
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  46. 2000-10-23
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Ofs Bidco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Ofs Bidco Limited
Corporate parent · holds 75-100% shares
ultimate parent
ONLINE FURNACE SERVICES LIMITED
This company · SC212200

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%
NameSharesVoting rightsNature of controlNotified
Ofs Bidco Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting14/03/2025
1 historic (ceased) PSC
  • Mr Alan Turnbullceased 14/03/2025· 25-50% shares

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 · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
PROFESSIONAL BEAUTY SYSTEMS (HOLDINGS) LIMITED
SC313968 · est 2006
£18.63M
£14.49M£22.77M
19y8386y
PROFESSIONAL BEAUTY SYSTEMS LIMITED
SC080712 · est 1982
£13.66M
£10.63M£16.70M
2770043y8886y
SAFER SCOTLAND LTD
SC526884 · est 2016
£6.90M
£5.37M£8.44M
£12.22M660010y8565y
SMITH & MCLAURIN LIMITED
SC229817 · est 2002
£3.37M
£2.62M£4.12M
750024y8568y
AQUASKY LIMITED
SC189598 · est 1998
£351.8k
£273.6k£430.0k
£303.3k40027y8574y
CARLTON DIE CASTINGS LIMITED
SC083494 · est 1983
£704.5k42y8383y
DAVID SMITH (FABRICATORS) LIMITED
SC056938 · est 1975
£184.3k51y8358y
JGB STEELCRAFT (U.K.) LIMITED
SC130494 · est 1991
£673.3k35y8360y
MCKINLAY & BLAIR LIMITED
SC052147 · est 1973 · no financials extracted
53y8368y
STRATHBOND LIMITED
SC044198 · est 1967
£511.8k59y8363y
A MCPHERSON (BLACKSMITHS) LIMITED
SC089569 · est 1984
£27.4k41y8287y
ADAM MILLAR & SONS LTD.
SC245027 · est 2003
£262.7k23y8258y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2000-10-23
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Unit 26 Lynedoch Ind Est
Greenock
Renfrew
PA15 4AX

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22

Officers (3 active · 10 resigned)

MCGUFFIE, Steven Richard
director · ~43y · appointed 2025-03-21
View their other companies + combined net worth →
Active
MITCHELL, Keith Lewis
director · ~64y · appointed 2025-03-14
View their other companies + combined net worth →
Active
POWELL, Shauna Margaret
director · ~52y · appointed 2025-03-14
View their other companies + combined net worth →
Active
TURNBULL, Alan Alexander
secretary · appointed 2001-06-14 · resigned 2025-03-14
Resigned
TURNBULL, Matthew
secretary · appointed 2000-10-23 · resigned 2001-06-20
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2000-10-23 · resigned 2000-10-23
Resigned
HILL, Thomas Flaherty
director · ~60y · appointed 2001-06-14 · resigned 2025-03-14
Resigned
MITCHELL, John Woods
director · ~78y · appointed 2001-06-20 · resigned 2007-08-06
Resigned
MITCHELL, Keith Lewis
director · ~64y · appointed 2025-03-14 · resigned 2025-03-14
Resigned
TURNBULL, Alan Alexander
director · ~61y · appointed 2001-06-14 · resigned 2025-03-14
Resigned
TURNBULL, Jessie Mcguivray Campbell
director · ~88y · appointed 2000-10-23 · resigned 2001-06-20
Resigned
TURNBULL, Matthew
director · ~89y · appointed 2000-10-23 · resigned 2001-06-20
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2000-10-23 · resigned 2000-10-23
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Virgin Money)
A registered charge14/03/2025
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property05/07/200120/05/2024
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (80 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-22
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-25
appoint-person-director-company-with-name-date
officers · AP01
2025-03-21
appoint-person-director-company-with-name-date
officers · AP01
2025-03-17
termination-director-company-with-name-termination-date
officers · TM01
2025-03-17
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-17
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-17
termination-director-company-with-name-termination-date
officers · TM01
2025-03-17
termination-secretary-company-with-name-termination-date
officers · TM02
2025-03-17
termination-director-company-with-name-termination-date
officers · TM01
2025-03-17
appoint-person-director-company-with-name-date
officers · AP01
2025-03-17
appoint-person-director-company-with-name-date
officers · AP01
2025-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-23
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2024-06-03