NITECH SOLUTIONS LIMITED

🌳Matureactive

SC255145 · ltd · incorporated 2003-09-02

Investment thesis

Looks cheap but ownership + security both unclear — probable value trap.

Why interesting: Headline metrics may be attractive.

Why risky: No PSC visibility combined with multiple live charges; transacting likely slow and expensive.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£-26.7k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 28990

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (73/100, director aged 75). Biggest value-creation lever: Consolidate lender relationships. 7 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

10 live charges · 7 lenders · oldest 22.0y

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 22.0 years old — likely at or near maturity.
· 7 lenders named — inter-creditor friction likely.
· Legal-friction score 63/100 (high).

Data confidence

Overall: medium (74/100)

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

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

10 charges (10/10 with lender, 10/10 with type)

Directors & officers

18 officers (8 active, 18 linked, 13 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

11 connected companies via shared directors

Filing history

180 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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £26,683

Net assets shrinking

Down £158,759 YoY

Cash YoY

+117%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£39k

↑ 117% YoY

Net Worth

-£27k

↓ 120% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Cash	£38.7k	£17.8k
Net assets	£-26.7k	£132.1k

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

🔒Filing-note intelligence

3 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

filings

Last 90 days

filings

Last 180 days

filings

• 3 resolution
• 1 officers
• 1 capital

Counts from Companies House filing history.

Corporate timeline (69 events)Click to expand

2026-01-22
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-01
➕
CHAMBERLAIN, Alexander Timothy Oliver appointed
director
2025-12-10
📄
resolution
resolution · RESOLUTIONS
2025-12-08
📄
resolution
resolution · RESOLUTIONS
2025-12-04
📄
capital-allotment-shares
capital · SH01
2025-11-24
📄
resolution
resolution · RESOLUTIONS
2025-11-17
📄
legacy
miscellaneous · RP01SH01
2025-10-22
📄
capital-allotment-shares
capital · SH01
2025-10-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-01
➕
TURNER, Andrew Mark appointed
director
2025-08-21
📄
capital-allotment-shares
capital · SH01
2025-06-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-27
📄
resolution
resolution · RESOLUTIONS
2024-10-18
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-30
➖
CHAMBERLAIN, Alexander Timothy Oliver resigned
director
2024-05-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-16
➖
TODD, Frederick Neil resigned
director
2024-02-16
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-01-10
➖
DAVIES, William, Dr. resigned
director
2024-01-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-11-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-10-30
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-10-19
➕
TODD, Frederick Neil appointed
director
2023-10-19
➖
TODD, Frederick Neil resigned
director
2023-04-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-18
➕
CHAMBERLAIN, Alexander Timothy Oliver appointed
director
2023-04-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-31
➖
HALL, Christopher Delafield resigned
director
2023-01-31
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-06-07
📄
change-person-director-company-with-change-date
officers · CH01
2021-09-03
➖
TODD, Frederick Neil resigned
secretary
2018-08-01
➕
MBM SECRETARIAL SERVICES LIMITED appointed
corporate-secretary
2018-04-09
➕
DAVIES, William, Dr. appointed
director
2018-03-29
➕
HALL, Christopher Delafield appointed
director
2014-04-16
➕
BARTON, William, Dr appointed
director
2011-06-20
➖
LAIRD, Ian Andrew resigned
director
2010-07-19
➕
GIBBINS, Andrew appointed
director
2010-07-14
🔓
Charge satisfied #10
2010-07-14
🔓
Charge satisfied #9
2010-07-14
🔓
Charge satisfied #8
2010-07-14
🔓
Charge satisfied #7
2010-07-14
🔓
Charge satisfied #6
2010-07-14
🔓
Charge satisfied #5
2010-07-14
🔓
Charge satisfied #4
2010-07-14
🔓
Charge satisfied #3
2009-07-07
🔒
Charge registered #10
Lender: Alexander Archibald Dobbie
2009-07-07
🔒
Charge registered #9
Lender: Heriot Watt University
2009-07-07
🔒
Charge registered #8
Lender: Puk Investments Limited
2009-07-07
🔒
Charge registered #7
Lender: Scottish Enterprise
2009-07-07
🔒
Charge registered #6
Lender: Braveheart Ventures Limited

Showing most recent 50 of 69 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-7 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

80/100

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 75 years old. Natural succession window is now.
primary20+ year tenure: Director in role 23 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

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.

🔒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

Incorporated2003-09-02

Jurisdictionscotland

Primary SIC28990 — SIC 28990

Registered office

Suite 2, Ground Floor Orchard Brae House

30 Queensferry Road

Edinburgh

EH4 2HS

United Kingdom

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-09-16

Last: 2025-09-02