TECJET LIMITED

🌳Matureactive
SC253459 · ltd · incorporated 2003-07-29
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
74/100
Strong
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pass (distressed without resilience)
Distressed dormant / non-trading — structural issues outweigh the discount.

Opportunity 74/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 62). Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

15 live charges · 6 lenders · oldest 20.8y

25/100
too messy

Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.

  • · Oldest live charge is 20.8 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 45/100 (high).

Data confidence

Overall: medium (61/100)

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
15 charges (15/15 with lender, 15/15 with type)
90
Directors & officers
18 officers (5 active, 18 linked, 12 with DOB)
83
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
34 connected companies via shared directors
90
Filing history
170 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (83 events)Click to expand
  1. 2025-10-02
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  2. 2025-10-02
    📄
    legacy
    accounts · PARENT_ACC
  3. 2025-10-02
    📄
    legacy
    other · GUARANTEE2
  4. 2025-10-02
    📄
    legacy
    other · AGREEMENT2
  5. 2024-10-02
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  6. 2024-10-02
    📄
    legacy
    accounts · PARENT_ACC
  7. 2024-10-02
    📄
    legacy
    other · AGREEMENT2
  8. 2024-10-02
    📄
    legacy
    other · GUARANTEE2
  9. 2024-02-13
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  10. 2024-02-06
    📄
    legacy
    accounts · PARENT_ACC
  11. 2024-01-13
    📄
    legacy
    other · AGREEMENT2
  12. 2024-01-13
    📄
    legacy
    other · GUARANTEE2
  13. 2023-05-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2023-05-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2023-05-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2023-05-02
    🔓
    Charge satisfied #15
  17. 2023-05-02
    🔓
    Charge satisfied #14
  18. 2023-05-02
    🔓
    Charge satisfied #13
  19. 2023-02-28
    📄
    capital-statement-capital-company-with-date-currency-figure
    capital · SH19
  20. 2023-02-28
    📄
    legacy
    capital · SH20
  21. 2023-02-28
    ⚠️
    legacy
    insolvency · CAP-SS
  22. 2023-02-28
    📄
    resolution
    resolution · RESOLUTIONS
  23. 2022-09-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  24. 2021-11-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  25. 2018-08-20
    EMENY, Selina Holliday appointed
    director
  26. 2018-08-20
    LATHAM, Paul Robert resigned
    director
  27. 2018-03-01
    🔓
    Charge satisfied #12
  28. 2018-03-01
    🔓
    Charge satisfied #11
  29. 2018-03-01
    🔓
    Charge satisfied #10
  30. 2016-06-10
    🔒
    Charge registered #15
    Lender: Hsbc Bank PLC
  31. 2015-11-02
    🔒
    Charge registered #14
    Lender: Hsbc Bank PLC (As Security Agent)
  32. 2015-11-02
    🔒
    Charge registered #13
    Lender: Hsbc Bank PLC (As Security Agent)
  33. 2012-04-01
    HANDS, James Michael appointed
    director
  34. 2012-04-01
    ROLPH, Toby resigned
    director
  35. 2011-08-10
    NORTHCOTE, John resigned
    director
  36. 2010-12-22
    🔒
    Charge registered #12
    Lender: Hsbc Corporate Trustee Company (UK) Limited
  37. 2010-12-22
    🔓
    Charge satisfied #9
  38. 2010-12-22
    🔓
    Charge satisfied #6
  39. 2010-12-22
    🔓
    Charge satisfied #5
  40. 2010-12-22
    🔓
    Charge satisfied #7
  41. 2010-12-22
    🔓
    Charge satisfied #8
  42. 2010-12-22
    🔓
    Charge satisfied #3
  43. 2010-11-29
    🔒
    Charge registered #11
    Lender: Hsbc Corporate Trustee Company (UK) Limited
  44. 2010-11-29
    🔒
    Charge registered #10
    Lender: Hsbc Corporate Trustee Company (UK) Limited
  45. 2009-11-12
    🔒
    Charge registered #9
    Lender: Lloyds Tsb Bank PLC
  46. 2009-06-16
    DOUGLAS, Stuart Robert appointed
    director
  47. 2009-06-16
    LATHAM, Paul Robert appointed
    director
  48. 2009-04-02
    🔓
    Charge satisfied #2
  49. 2009-03-20
    🔒
    Charge registered #6
    Lender: Lloyds Tsb Bank PLC
  50. 2009-03-20
    🔒
    Charge registered #5
    Lender: Lloyds Tsb Bank PLC
Showing most recent 50 of 83 events

Owner dependency

58/100
Moderate — manageable with handover

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

FACTORS
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

70/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2023-02-28: legacy

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

2 corporate shareholders identified. Group structure is distributed.

🏛️
Academy Music Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
🏛️
Abc3 Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
TECJET LIMITED
This company · SC253459

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
Academy Music Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
Abc3 Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Hsbc Bank Plcceased 29/09/2021· 75-100% 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

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
Incorporated2003-07-29
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

Whitehall House
33 Yeaman Shore
Dundee
DD1 4BJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-08-12
Last: 2025-07-29

Officers (5 active · 13 resigned)

EMENY, Selina Holliday
secretary · appointed 2009-03-19
View their other companies + combined net worth →
Active
DOUGLAS, Stuart Robert
director · ~59y · appointed 2009-06-16
View their other companies + combined net worth →
Active
EMENY, Selina Holliday
director · ~58y · appointed 2018-08-20
View their other companies + combined net worth →
Active
HANDS, James Michael
director · ~48y · appointed 2012-04-01
View their other companies + combined net worth →
Active
MACKIE, Mark Joseph
director · ~62y · appointed 2004-03-25
View their other companies + combined net worth →
Active
MCBRIDE, David
secretary · appointed 2003-12-08 · resigned 2009-03-19
Resigned
@UKPLC CLIENT SECRETARY LTD
corporate-secretary · appointed 2003-09-29 · resigned 2003-12-08
Resigned
@UKPLC CLIENT SECRETARY LTD
corporate-nominee-secretary · appointed 2003-07-29 · resigned 2003-09-29
Resigned
LATHAM, Paul Robert
director · ~66y · appointed 2009-06-16 · resigned 2018-08-20
Resigned
MCBRIDE, David
director · ~61y · appointed 2003-12-08 · resigned 2009-03-19
Resigned
MCSHANE, Peter
director · ~59y · appointed 2003-12-08 · resigned 2004-03-25
Resigned
MILLS, Timothy
director · ~68y · appointed 2005-12-01 · resigned 2009-01-16
Resigned
NEWTON, James
director · ~45y · appointed 2003-07-29 · resigned 2003-09-29
Resigned
NORTHCOTE, John
director · ~78y · appointed 2009-03-19 · resigned 2011-08-10
Resigned
PRYLE, Steven
director · ~80y · appointed 2009-02-01 · resigned 2009-03-19
Resigned
ROLPH, Toby
director · ~52y · appointed 2009-03-19 · resigned 2012-04-01
Resigned
@UKPLC CLIENT DIRECTOR LTD
corporate-director · appointed 2003-09-29 · resigned 2003-12-08
Resigned
@UKPLC CLIENT DIRECTOR LTD
corporate-nominee-director · appointed 2003-07-29 · resigned 2003-07-29
Resigned

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

Mortgages & charges

15
Total charges
0
Outstanding
0
Active lenders
Status:Lender:15 of 15 shown
TypeProperties
satisfied
HSBC
Hsbc Bank PLC
A registered charge2 properties10/06/201602/05/2023
satisfied
HSBC
Hsbc Bank PLC (As Security Agent)
A registered charge02/11/201502/05/2023
satisfied
HSBC
Hsbc Bank PLC (As Security Agent)
A registered charge02/11/201502/05/2023
satisfied
HSBC
Hsbc Corporate Trustee Company (UK) Limited
Standard security1 property22/12/201001/03/2018
satisfied
HSBC
Hsbc Corporate Trustee Company (UK) Limited
Debenture1 property29/11/201001/03/2018
satisfied
HSBC
Hsbc Corporate Trustee Company (UK) Limited
Floating charge1 property29/11/201001/03/2018
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property12/11/200922/12/2010
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Standard security1 property20/03/200922/12/2010
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Standard security1 property20/03/200922/12/2010
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Floating charge1 property19/03/200922/12/2010
satisfied
Lloyds Banking Group
Lloyds Tsb Bank PLC
Debenture1 property18/03/200922/12/2010
satisfied
Scottish Courage
Scottish Courage Limited
Standard security1 property12/07/200507/03/2009
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property12/07/200522/12/2010
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property01/07/200502/04/2009
satisfied
Scottish Courage
Scottish Courage Limited
Floating charge1 property30/06/200507/03/2009

Recent filings (170 total)

accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-10-02
legacy
accounts · PARENT_ACC
2025-10-02
legacy
other · GUARANTEE2
2025-10-02
legacy
other · AGREEMENT2
2025-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-29
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-10-02
legacy
accounts · PARENT_ACC
2024-10-02
legacy
other · AGREEMENT2
2024-10-02
legacy
other · GUARANTEE2
2024-10-02
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-29
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-02-13
legacy
accounts · PARENT_ACC
2024-02-06
legacy
other · AGREEMENT2
2024-01-13
legacy
other · GUARANTEE2
2024-01-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-31