SCOT CHIP LIMITED
🌳Matureactive
SC258060 · ltd · incorporated 2003-10-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 20.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£1.13M
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 10310
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with exceptional profile and bankable structure.
Opportunity 83/100 (exceptional), 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: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
1 live charge · oldest 20.9y
65/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 20.9 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: high (80/100)Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.
Company profile
address, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 3 with DOB)
79
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
69 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,126,313
Cash YoY
+192%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£667k
↑ 192% YoY
Net Worth
£1.1m
↑ 25% YoY
Current Assets
£1.2m
↑ 50% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £1.14M | £917.1k |
| Current assets | £1.22M | £812.1k |
| Cash | £667.5k | £229.0k |
| Debtors | £509.7k | £551.2k |
| Net assets | £1.13M | £900.1k |
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
0
filings
Last 90 days
0
filings
Last 180 days
10
filings
- • 5 persons-with-significant-control
- • 5 officers
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-12-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-12-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-12-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-11📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-11📄change-person-secretary-company-with-change-dateofficers · CH03
- 2025-03-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-04-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-05-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2019-11-01➕LOGAN, Hamish William John appointeddirector
- 2019-05-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2005-06-20🔒Charge registered #1Lender: National Westminster Bank PLC
- 2005-06-06➕LOGAN, James John appointedsecretary
- 2005-06-06➖BRODIES SECRETARIAL SERVICES LIMITED resignedcorporate-secretary
- 2004-02-24➖LOGAN, James John resignedsecretary
- 2004-02-24➕BRODIES SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2003-10-22🏢Company incorporatedAs SCOT CHIP LIMITED
- 2003-10-22➕LOGAN, Elinor Grace appointeddirector
- 2003-10-22➕LOGAN, James John appointeddirector
- 2003-10-22➕LOGAN, James John appointedsecretary
- 2003-10-22➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 2003-10-22➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 61 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
70/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
- primary20+ year tenure: Director in role 23 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
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Hamish William John Logan Individual · British · DOB 05/1996 · age 30 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 23/11/2025 |
2 historic (ceased) PSCs
- Mr James John Loganceased 23/11/2025· 25-50% shares · 25-50% voting · board control
- Mrs Elinor Grace Loganceased 23/11/2025· 25-50% shares · 25-50% voting · board control
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 · Food & drink · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| BRODIE MELROSE DRYSDALE & CO. LIMITED→ SC201590 · est 1999 | £1.45M £1.07M–£1.84M | £8.61M | — | 3300 | 26y | 84 | 63y |
| BELLA & DUKE LIMITED→ SC547789 · est 2016 | £447.4k £329.6k–£565.1k | — | — | 134 | 9y | 83 | 67y |
| HAMLYNS OF SCOTLAND LIMITED→ SC176949 · est 1997 | £99.9k £73.6k–£126.2k | £27.47M | — | 5400 | 28y | 86 | 80y |
| SALTIRE PATISSERIE LTD.→ SC295828 · est 2006 | — | — | — | 15 | 20y | 83 | 63y |
| THE PREMIUM BAKERY LIMITED→ SC316253 · est 2007 | — | — | £420.7k | — | 19y | 83 | 69y |
| CAWOODS (FISHCURERS) LIMITED→ SC034153 · est 1959 · no financials extracted | — | — | — | — | 66y | 82 | 60y |
| SUMMERHALL DISTILLERY LIMITED→ SC460003 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| THE BREADWINNER BAKERY LTD.→ SC403111 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| THE CHOCOLATE TREE LIMITED→ SC303502 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| THE MALTED GULL LTD→ SC878727 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| THE SCOTCH MALT WHISKY SOCIETY LIMITED→ SC083022 · est 1983 · no financials extracted | — | — | — | — | 42y | — | — |
| THE WHISPERING KETTLE LIMITED→ SC855377 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
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
Incorporated2003-10-22
Jurisdictionscotland
Primary SIC10310 — SIC 10310
Registered office
Samuelston South Mains
Pencaitland
Tranent
East Lothian
EH34 5DU
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16
Officers (4 active · 3 resigned)
Active
LOGAN, Elinor Grace→
Activedirector · ~61y · appointed 2003-10-22
View their other companies + combined net worth →
LOGAN, Hamish William John→
Activedirector · ~30y · appointed 2019-11-01
View their other companies + combined net worth →
LOGAN, James John→
Activedirector · ~61y · appointed 2003-10-22
View their other companies + combined net worth →
LOGAN, James John→
Resignedsecretary · appointed 2003-10-22 · resigned 2004-02-24
BRODIES SECRETARIAL SERVICES LIMITED→
Resignedcorporate-secretary · appointed 2004-02-24 · resigned 2005-06-06
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 2003-10-22 · resigned 2003-10-22
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
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | National Westminster Bank National Westminster Bank PLC | Bond & floating charge | 1 property | 20/06/2005 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (69 total)
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-12
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-12-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-11
change-person-director-company-with-change-date
officers · CH01
2025-12-11
change-person-director-company-with-change-date
officers · CH01
2025-12-11
change-person-director-company-with-change-date
officers · CH01
2025-12-11
change-person-director-company-with-change-date
officers · CH01
2025-12-11
change-person-secretary-company-with-change-date
officers · CH03
2025-12-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-20