TTAG LIMITED

🌳Matureactive
SC215478 · ltd · incorporated 2001-02-06
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 77390Renting and leasing of other machinery, equipment and tangible goods n.e.c.
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 63). 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 25.1y

35/100
too messy

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

  • · Oldest live charge is 25.1 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (2 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
87 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees67007000

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
0
filings
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2025-09-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-27
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  3. 2025-06-19
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  4. 2025-04-09
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  5. 2024-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-11-14
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-11-13
    ➕
    MCGUINESS, Paul appointed
    director
  8. 2024-11-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2024-11-06
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2024-10-31
    ➖
    THOMSON, James Alastair resigned
    director
  11. 2024-10-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2024-10-29
    🔒
    Charge registered #3
    Lender: James Alastair Thomson
  13. 2024-10-28
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2024-10-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2022-02-18
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2022-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2021-07-16
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  20. 2021-07-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  21. 2021-07-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2021-07-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2021-07-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2021-05-07
    ➖
    PETER, Alexander resigned
    director
  25. 2014-12-01
    ➕
    PETER, Alexander appointed
    director
  26. 2010-02-18
    ➖
    THOMSON, James Alastair resigned
    secretary
  27. 2009-11-28
    🔓
    Charge satisfied #1
  28. 2006-01-30
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  29. 2001-04-23
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  30. 2001-02-06
    🏢
    Company incorporated
    As TTAG LIMITED
  31. 2001-02-06
    ➕
    TOWNSLEY, Gary William appointed
    director
  32. 2001-02-06
    ➕
    THOMSON, James Alastair appointed
    secretary
  33. 2001-02-06
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  34. 2001-02-06
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  35. 2001-02-06
    ➕
    THOMSON, James Alastair appointed
    director
  36. 2001-02-06
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  37. 2001-02-06
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

76/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • 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.)

Group structure

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

🏛️
Ttag Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
TTAG LIMITED
This company · SC215478

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Ttag Group Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control02/06/2017
Mr Gary William Townsley
Individual · British · DOB 03/1970 · age 56
——sig. influencesignificant influence06/04/2016
1 historic (ceased) PSC
  • Mr James Alastair Thomsonceased 31/10/2024· significant influence

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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CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SPRINGBANK DISTILLERS LIMITED→
SC041205 · est 1964
£5.47M
£4.10M–£6.83M
——2461y8890y
COPPENRATH & WIESE (UK) LIMITED→
SC073174 · est 1980
£4.29M
£3.22M–£5.36M
——1445y8162y
WILLIAM CADENHEAD LIMITED→
SC052072 · est 1972
———1153y8390y
BATHROOM ELEGANCE LIMITED→
SC137829 · est 1992
——£1.85M—34y8263y
CMC (SHIP CHANDLERS) LIMITED→
SC110574 · est 1988
———20038y8259y
CUMBRAE SUPPLY COMPANY LIMITED→
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——£136.4k—20y8274y
D MCNAIR & SON LTD.→
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——£3.04M—15y8261y
JOHN SCOTT MEAT (PAISLEY) LIMITED→
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——£3.21M—39y8265y
LAWRIE (FURNISHINGS) LIMITED→
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——£491.0k—21y8262y
NAPIER & CRAIG LIMITED→
SC025896 · est 1947
——£96.8k—78y8287y
SCOTJET LIMITED→
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——£175.4k—15y8263y
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
Incorporated2001-02-06
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Meadowside Complex
Meadowside Street
Renfrew
Renfrewshire
PA4 8LF

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06

Officers (2 active · 5 resigned)

MCGUINESS, Paul→
director · ~63y · appointed 2024-11-13
View their other companies + combined net worth →
Active
TOWNSLEY, Gary William→
director · ~56y · appointed 2001-02-06
View their other companies + combined net worth →
Active
THOMSON, James Alastair→
secretary · appointed 2001-02-06 · resigned 2010-02-18
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2001-02-06 · resigned 2001-02-06
Resigned
PETER, Alexander→
director · ~73y · appointed 2014-12-01 · resigned 2021-05-07
Resigned
THOMSON, James Alastair→
director · ~61y · appointed 2001-02-06 · resigned 2024-10-31
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2001-02-06 · resigned 2001-02-06
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
James Alastair Thomson
A registered charge2 properties29/10/2024—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property30/01/2006—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property23/04/200128/11/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (87 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-04
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-06-27
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-06-19
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-23
appoint-person-director-company-with-name-date
officers · AP01
2024-11-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-11-06
termination-director-company-with-name-termination-date
officers · TM01
2024-11-06
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-10-30
change-person-director-company-with-change-date
officers · CH01
2024-10-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21