HATRICK LTD.

🌳Matureactive

SC222513 · ltd · incorporated 2001-08-24

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

—

year to Aug 2024

Net worth

£0

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 14190

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 72-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (71/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (3 active, 4 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

4 connected companies via shared directors

Filing history

50 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

£0

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-08-31
Total assets	£0
Net assets	£0

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2025-06-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-25
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-06-14
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-02-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-09-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-05-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2019-05-08
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-05-04
📄
accounts-with-accounts-type-dormant
accounts · AA
2017-05-09
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-05-03
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-09-12
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-18
📄
accounts-with-accounts-type-dormant
accounts · AA
2014-09-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-05-28
📄
accounts-with-accounts-type-dormant
accounts · AA
2013-08-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2001-08-24
🏢
Company incorporated
As HATRICK LTD.
2001-08-24
➕
SMITH, Beverley Gwladys appointed
secretary
2001-08-24
➕
SMITH, Beverley Gwladys appointed
director
2001-08-24
➕
SMITH, Bryan John appointed
director
2001-08-24
➕
FIRST SECRETARIES LIMITED appointed
corporate-nominee-secretary
2001-08-24
➖
FIRST SECRETARIES LIMITED resigned
corporate-nominee-secretary

Owner dependency

91/100

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

+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.
+Founder age: Director aged approximately 72 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100

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 72 years old. Natural succession window is now.
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.
secondaryStable-but-static management: Company is 25 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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Bryan John Smith Individual · British · DOB 04/1954 · age 72	25–50%	—	25-50% shares	06/04/2016

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 →

Similar companies

Active · Manufacturing · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GAEL FORCE GROUP LIMITED→ SC229244 · est 2002	£23.82M £18.53M–£29.11M	—	—	1700	24y	83	62y
HENDRY HYDRAULICS LIMITED→ SC059511 · est 1976	£331.6k £257.9k–£405.3k	—	—	91	50y	87	75y
ANTA SCOTLAND LIMITED→ SC156285 · est 1995	—	—	—	2200	31y	83	69y
JAMES JOHNSTON & CO. OF ELGIN LIMITED→ SC022553 · est 1943 · no financials extracted	—	—	—	—	82y	83	70y
MUIRTON CONTROL & AUTOMATION LTD→ SC395862 · est 2011	—	—	£418.0k	—	15y	83	58y
SPEYPROJECTS LTD→ SC449496 · est 2013 · no financials extracted	—	—	—	—	12y	—	—
STEPHEN LESLIE LIMITED→ SC626001 · est 2019 · no financials extracted	—	—	—	—	7y	—	—
THE GARDEN DEN LTD→ SC700800 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
THE PODCAST HOST LTD.→ SC515149 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
THE PRINT REGISTER LIMITED→ SC174811 · est 1997 · no financials extracted	—	—	—	—	28y	—	—
THISTLE ENGINEERING LTD.→ SC356256 · est 2009 · no financials extracted	—	—	—	—	17y	—	—
TOMATIN FIREWOOD LTD→ SC723729 · est 2022 · no financials extracted	—	—	—	—	4y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2001-08-24

Jurisdictionscotland

Primary SIC14190 — SIC 14190

Registered office

Raddery Park

Raddery

Fortrose

Ross Shire

IV10 8SN

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-08-27

Last: 2025-08-13

Officers (3 active · 1 resigned)

SMITH, Beverley Gwladys→

secretary · appointed 2001-08-24

View their other companies + combined net worth →

Active

SMITH, Beverley Gwladys→

director · ~70y · appointed 2001-08-24

View their other companies + combined net worth →

Active

SMITH, Bryan John→

director · ~72y · appointed 2001-08-24

View their other companies + combined net worth →

Active

FIRST SECRETARIES LIMITED→

corporate-nominee-secretary · appointed 2001-08-24 · resigned 2001-08-24

Resigned

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