KIT SOFTWARE LIMITED

🌳Matureactive
SC229339 · ltd · incorporated 2002-03-19
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 78/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 23.9y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
13 officers (3 active, 13 linked, 8 with DOB)
82
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-03-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-07-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2024-07-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2023-07-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-10-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-09-07
    ➖
    PATERSON, William resigned
    director
  7. 2022-07-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2021-08-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2020-12-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2019-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2018-07-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-07-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2016-06-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2016-03-21
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-06-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2015-03-19
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2011-06-01
    ➕
    STICKLER, James Andrew appointed
    secretary
  18. 2011-06-01
    ➕
    STICKLER, James Andrew appointed
    director
  19. 2010-08-31
    ➖
    BOWIE, Allan resigned
    secretary
  20. 2010-08-31
    ➖
    BOWIE, Allan Russell resigned
    director
  21. 2008-11-25
    ➕
    BOWIE, Allan appointed
    secretary
  22. 2008-11-25
    ➖
    RICHARDSON, James resigned
    secretary
  23. 2008-11-25
    ➖
    RICHARDSON, James resigned
    director
  24. 2008-04-01
    ➕
    BOWIE, Allan Russell appointed
    director
  25. 2006-12-15
    ➖
    LANE, David Dawson resigned
    director
  26. 2006-05-01
    ➕
    PATERSON, Tom Main appointed
    director
  27. 2005-04-30
    ➖
    CHALMERS, Rose Ann resigned
    director
  28. 2004-11-01
    ➕
    LANE, David Dawson appointed
    director
  29. 2004-10-31
    ➖
    JOHNSTON, James Mahood resigned
    director
  30. 2002-07-05
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  31. 2002-06-01
    ➕
    CHALMERS, Rose Ann appointed
    director
  32. 2002-06-01
    ➕
    JOHNSTON, James Mahood appointed
    director
  33. 2002-05-06
    ➕
    RICHARDSON, James appointed
    secretary
  34. 2002-05-06
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  35. 2002-05-06
    ➕
    PATERSON, William appointed
    director
  36. 2002-05-06
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  37. 2002-05-01
    ➕
    RICHARDSON, James appointed
    director
  38. 2002-03-19
    🏢
    Company incorporated
    As KIT SOFTWARE LIMITED
  39. 2002-03-19
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  40. 2002-03-19
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

68/100
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 20 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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.)

Group structure

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

🏛️
Patersons Quarries Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
KIT SOFTWARE LIMITED
This company · SC229339

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
Patersons Quarries Limited
Corporate entity
75–100%
—75-100% 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

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
Incorporated2002-03-19
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

Gartsherrie Road
Coatbridge
ML5 2EU

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2027-04-02
Last: 2026-03-19

Officers (3 active · 10 resigned)

STICKLER, James Andrew→
secretary · appointed 2011-06-01
View their other companies + combined net worth →
Active
PATERSON, Tom Main→
director · ~54y · appointed 2006-05-01
View their other companies + combined net worth →
Active
STICKLER, James Andrew→
director · ~54y · appointed 2011-06-01
View their other companies + combined net worth →
Active
BOWIE, Allan→
secretary · appointed 2008-11-25 · resigned 2010-08-31
Resigned
RICHARDSON, James→
secretary · appointed 2002-05-06 · resigned 2008-11-25
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-03-19 · resigned 2002-05-06
Resigned
BOWIE, Allan Russell→
director · ~62y · appointed 2008-04-01 · resigned 2010-08-31
Resigned
CHALMERS, Rose Ann→
director · ~71y · appointed 2002-06-01 · resigned 2005-04-30
Resigned
JOHNSTON, James Mahood→
director · ~65y · appointed 2002-06-01 · resigned 2004-10-31
Resigned
LANE, David Dawson→
director · ~64y · appointed 2004-11-01 · resigned 2006-12-15
Resigned
PATERSON, William→
director · ~81y · appointed 2002-05-06 · resigned 2022-09-07
Resigned
RICHARDSON, James→
director · ~79y · appointed 2002-05-01 · resigned 2008-11-25
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2002-03-19 · resigned 2002-05-06
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property05/07/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (89 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-19
change-person-director-company-with-change-date
officers · CH01
2026-03-19
accounts-with-accounts-type-dormant
accounts · AA
2025-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-19
accounts-with-accounts-type-dormant
accounts · AA
2024-07-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-19
accounts-with-accounts-type-dormant
accounts · AA
2023-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-21
termination-director-company-with-name-termination-date
officers · TM01
2022-10-07
accounts-with-accounts-type-dormant
accounts · AA
2022-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-21
accounts-with-accounts-type-dormant
accounts · AA
2021-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-19
accounts-with-accounts-type-dormant
accounts · AA
2020-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-03-19