PRESCOTT ENGINEERING LIMITED

🌳Matureactive
SC212328 · ltd · incorporated 2000-10-26
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 Mar 2025
Net worth
£244.3k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 82-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (4 active, 6 linked, 3 with DOB)
80
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
63 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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £244,297
Net assets shrinking
Down £15,075 YoY
Cash YoY
-9%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£25k
↓ 8.7% YoY
Net Worth
£244k
↓ 5.8% YoY
Current Assets
£258k
↓ 13% YoY
Current Liabilities
—
£0£59k£118k£177k£237k£296kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£258.5k£274.7k
Current assets£258.3k£295.6k
Cash£25.4k£27.8k
Debtors£230.4k£265.3k
Net assets£244.3k£259.4k

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
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-05
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  4. 2023-10-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-03-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-12-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2020-12-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2020-12-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2020-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-07-26
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-07-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2000-10-26
    🏢
    Company incorporated
    As PRESCOTT ENGINEERING LIMITED
  17. 2000-10-26
    ➕
    MUIR, Caroline appointed
    secretary
  18. 2000-10-26
    ➕
    MUIR, Caroline appointed
    director
  19. 2000-10-26
    ➕
    MUIR, Wallace appointed
    director
  20. 2000-10-26
    ➕
    MUIR, Wallace Kevin appointed
    director
  21. 2000-10-26
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  22. 2000-10-26
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  23. 2000-10-26
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  24. 2000-10-26
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 26 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 82 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 26 years. Very long tenure is a classic succession signal.
  • 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

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

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Wallace Kevin Muir
Individual · British · DOB 10/1967 · age 59
25–50%
—25-50% shares29/10/2018
Mr Wallace Muir
Individual · British · DOB 11/1944 · age 82
25–50%
—25-50% shares06/04/2016
Mrs Caroline Muir
Individual · British · DOB 06/1946 · age 80
25–50%
—25-50% shares06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated2000-10-26
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Arran House 15d Skye Road
Shawfarm Industrial Estate
Prestwick
KA9 2TA
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-23
Last: 2025-10-09

Officers (4 active · 2 resigned)

MUIR, Caroline→
secretary · appointed 2000-10-26
View their other companies + combined net worth →
Active
MUIR, Caroline→
director · ~80y · appointed 2000-10-26
View their other companies + combined net worth →
Active
MUIR, Wallace→
director · ~82y · appointed 2000-10-26
View their other companies + combined net worth →
Active
MUIR, Wallace Kevin→
director · ~59y · appointed 2000-10-26
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2000-10-26 · resigned 2000-10-26
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2000-10-26 · resigned 2000-10-26
Resigned

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

Recent filings (63 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-09
change-account-reference-date-company-previous-extended
accounts · AA01
2024-07-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-14
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2021-11-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-27
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-16
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-12-16
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-12-16