MAGMA PRODUCTS LIMITED

🌳Matureactive
SC218417 · ltd · incorporated 2001-04-24
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
not disclosed
Net worth
book net assets
Opportunity
72/100
Strong
🔔
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What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 72/100 (strong), bankability 77/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

6 live charges · 4 lenders · oldest 14.4y

35/100
too messy

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

  • · Oldest live charge is 14.4 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
15 officers (4 active, 15 linked, 11 with DOB)
85
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
124 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 90 days
6
filings
  • 2 accounts
  • 2 other
  • 1 confirmation-statement
Last 180 days
7
filings
  • 3 accounts
  • 2 other
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (60 events)Click to expand
  1. 2026-05-01
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-30
    RUSHTON, Paul Kevin resigned
    director
  3. 2026-02-16
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  4. 2026-02-16
    📄
    legacy
    accounts · PARENT_ACC
  5. 2026-02-16
    📄
    legacy
    other · GUARANTEE2
  6. 2026-02-16
    📄
    legacy
    other · GUARANTEE2
  7. 2025-12-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2025-08-11
    MCGINIGAL, Scott appointed
    director
  9. 2025-08-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  10. 2025-04-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  11. 2025-04-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2025-04-17
    MORRISON, Geoffrey Elmslie, Mr. appointed
    director
  13. 2025-04-11
    ALLAN, Terry Michael resigned
    director
  14. 2025-02-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  15. 2024-07-10
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  16. 2023-10-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2023-06-16
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  18. 2023-02-15
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  19. 2023-02-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  20. 2023-02-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  21. 2023-02-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  22. 2023-02-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  23. 2023-02-10
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  24. 2023-02-10
    🔓
    Charge satisfied #6
  25. 2023-02-08
    BLACKWOOD PARTNERS LLP appointed
    corporate-secretary
  26. 2023-02-08
    FARMER, Gordon James resigned
    director
  27. 2023-02-08
    MACGREGOR, John Angus resigned
    director
  28. 2023-02-08
    MACGREGOR, Roderick James resigned
    director
  29. 2023-01-04
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  30. 2023-01-04
    📄
    legacy
    other · GUARANTEE2
  31. 2021-11-09
    🔓
    Charge satisfied #4
  32. 2021-11-09
    🔓
    Charge satisfied #1
  33. 2021-10-26
    🔒
    Charge registered #6
    Lender: Bank of Scotland PLC (SC327000) as Security Trustee
  34. 2021-07-20
    COBBAN, Ian George resigned
    director
  35. 2020-03-03
    MITCHELL, Derek George appointed
    director
  36. 2020-03-03
    RUSHTON, Helen resigned
    secretary
  37. 2020-03-03
    ALLAN, Terry Michael appointed
    director
  38. 2020-03-03
    COBBAN, Ian George appointed
    director
  39. 2020-03-03
    FARMER, Gordon James appointed
    director
  40. 2020-03-03
    MACGREGOR, John Angus appointed
    director
  41. 2020-03-03
    MACGREGOR, Roderick James appointed
    director
  42. 2015-07-30
    🔓
    Charge satisfied #2
  43. 2015-05-16
    🔓
    Charge satisfied #5
  44. 2014-08-21
    🔒
    Charge registered #5
    Lender: Bank of Scotland PLC
  45. 2014-06-24
    🔓
    Charge satisfied #3
  46. 2014-06-20
    🔒
    Charge registered #4
    Lender: Lloyds Bank Commercial Finance Limited
  47. 2012-05-24
    🔒
    Charge registered #3
    Lender: Bibby Factors Scotland Limited
  48. 2012-03-14
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  49. 2011-12-23
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  50. 2007-10-17
    RUSHTON, Helen appointed
    secretary
Showing most recent 50 of 60 events

Owner dependency

50/100
Moderate — manageable with handover

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

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 med ·
Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

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

🏛️
Nexos Solutions Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
MAGMA PRODUCTS LIMITED
This company · SC218417

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
Nexos Solutions Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control03/03/2020
2 historic (ceased) PSCs
  • Mr Paul Kevin Rushtonceased 03/03/2020· 25-50% shares
  • Mrs Helen Rushtonceased 03/03/2020· 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 →

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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
Incorporated2001-04-24
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Blackwood House
Union Grove Lane
Aberdeen
AB10 6XU
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-05-08
Last: 2026-04-24

Officers (4 active · 11 resigned)

BLACKWOOD PARTNERS LLP
corporate-secretary · appointed 2023-02-08
View their other companies + combined net worth →
Active
MCGINIGAL, Scott
director · ~55y · appointed 2025-08-11
View their other companies + combined net worth →
Active
MITCHELL, Derek George
director · ~56y · appointed 2020-03-03
View their other companies + combined net worth →
Active
MORRISON, Geoffrey Elmslie, Mr.
director · ~46y · appointed 2025-04-17
View their other companies + combined net worth →
Active
RUSHTON, Helen
secretary · appointed 2007-10-17 · resigned 2020-03-03
Resigned
FREELANCE EURO CONTRACTING LIMITED
corporate-secretary · appointed 2001-04-24 · resigned 2007-10-17
Resigned
GRANT SMITH LAW PRACTICE
corporate-nominee-secretary · appointed 2001-04-24 · resigned 2001-04-24
Resigned
ALLAN, Terry Michael
director · ~44y · appointed 2020-03-03 · resigned 2025-04-11
Resigned
AMIN, Rizwana Shaheen
nominee-director · ~55y · appointed 2001-04-24 · resigned 2001-04-24
Resigned
COBBAN, Ian George
director · ~62y · appointed 2020-03-03 · resigned 2021-07-20
Resigned
FARMER, Gordon James
director · ~45y · appointed 2020-03-03 · resigned 2023-02-08
Resigned
MACGREGOR, John Angus
director · ~40y · appointed 2020-03-03 · resigned 2023-02-08
Resigned
MACGREGOR, Roderick James
director · ~74y · appointed 2020-03-03 · resigned 2023-02-08
Resigned
RITCHIE, Sheila Ewan
nominee-director · ~69y · appointed 2001-04-24 · resigned 2001-04-24
Resigned
RUSHTON, Paul Kevin
director · ~62y · appointed 2001-04-24 · resigned 2026-04-30
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC (SC327000) as Security Trustee
A registered charge26/10/202110/02/2023
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property21/08/201416/05/2015
satisfied
Lloyds Banking Group
Lloyds Bank Commercial Finance Limited
A registered charge20/06/201409/11/2021
satisfied
Bibby Financial Services
Bibby Factors Scotland Limited
Floating charge1 property24/05/201224/06/2014
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property14/03/201230/07/2015
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property23/12/201109/11/2021

Recent filings (124 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-01
termination-director-company-with-name-termination-date
officers · TM01
2026-05-01
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2026-02-16
legacy
accounts · PARENT_ACC
2026-02-16
legacy
other · GUARANTEE2
2026-02-16
legacy
other · GUARANTEE2
2026-02-16
accounts-with-accounts-type-small
accounts · AA
2025-12-18
appoint-person-director-company-with-name-date
officers · AP01
2025-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-01
appoint-person-director-company-with-name-date
officers · AP01
2025-04-24
termination-director-company-with-name-termination-date
officers · TM01
2025-04-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2025-02-25
change-account-reference-date-company-current-shortened
accounts · AA01
2024-07-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-07
accounts-with-accounts-type-small
accounts · AA
2023-10-24