CHEMTEC UK LIMITED

🌳Matureactive

SC276983 · ltd · incorporated 2004-12-03

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 19.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

75/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 25990

Sector: Manufacturing

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (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. 2 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: strategic trade sale (70/100).

🏦

Refinance opportunity

2 live charges · oldest 19.3y

75/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 19.3 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.
· Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: medium (69/100)

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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

12 officers (2 active, 12 linked, 8 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

Network not yet resolved

Filing history

88 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

75/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102

Profitable

Profit before tax £1,065,013

Turned profitable

Returned to profit this year

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31
Profit before tax	£1.07M	£-205.3k
Average employees	2300	2600

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

🔒Filing-note intelligence

2 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

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (41 events)Click to expand

2025-09-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-08-19
➖
BECKWITH, Tyler Adam resigned
director
2025-06-03
📄
accounts-with-accounts-type-full
accounts · AA
2025-04-25
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-14
➖
KING, Stephen Michael resigned
director
2024-06-21
📄
accounts-with-accounts-type-full
accounts · AA
2024-04-19
➕
KING, Stephen Michael appointed
director
2024-04-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-22
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-13
📄
accounts-with-accounts-type-full
accounts · AA
2023-01-18
📄
appoint-person-director-company-with-name-date
officers · AP01
2023-01-09
➕
RUSSELL, Andrew Hughes appointed
director
2022-12-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-09-07
➖
NICHOLAS, Eric Allan resigned
director
2022-06-06
📄
accounts-with-accounts-type-full
accounts · AA
2021-07-02
📄
accounts-with-accounts-type-full
accounts · AA
2020-07-13
📄
accounts-with-accounts-type-full
accounts · AA
2019-08-22
📄
legacy
miscellaneous · RP04CS01
2019-06-05
📄
accounts-with-accounts-type-small
accounts · AA
2018-10-15
📄
accounts-with-accounts-type-full
accounts · AA
2017-05-25
📄
accounts-with-accounts-type-full
accounts · AA
2016-06-30
➖
KUCHLAK, Walter resigned
director
2016-06-01
➕
RUSSELL, Andrew Hughes appointed
secretary
2016-06-01
➖
MCGONIGLE, James Aloysius resigned
secretary
2016-06-01
➕
BECKWITH, Tyler Adam appointed
director
2015-01-15
➖
JOHANN, Edward resigned
director
2012-02-06
➕
NICHOLAS, Eric Allan appointed
director
2011-07-12
➖
ARMSTRONG, Andrew Joseph, Vice President resigned
director
2011-07-12
➕
JOHANN, Edward appointed
director
2011-07-12
➕
KUCHLAK, Walter appointed
director
2010-05-09
➖
ARMSTRONG, Richard Maxwell, President resigned
director
2007-02-14
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
2006-12-20
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2004-12-03
🏢
Company incorporated
As CHEMTEC UK LIMITED
2004-12-03
➕
MCGONIGLE, James Aloysius appointed
secretary
2004-12-03
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2004-12-03
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2004-12-03
➕
ARMSTRONG, Andrew Joseph, Vice President appointed
director
2004-12-03
➕
ARMSTRONG, Richard Maxwell, President appointed
director
2004-12-03
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
2004-12-03
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

75/100

High — earn-out structure required

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

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100

Strong succession signal

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

SIGNALS

primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
secondaryStable-but-static management: Company is 21 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

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KLEBOE CONTRACTS LTD→ SC772750 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
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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

Incorporated2004-12-03

Jurisdictionscotland

Primary SIC25990 — SIC 25990

Registered office

Willowyard Road

Beith

North Ayrshire

KA15 1JH

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-12-17

Last: 2025-12-03

Officers (2 active · 10 resigned)

RUSSELL, Andrew Hughes→

secretary · appointed 2016-06-01

View their other companies + combined net worth →

Active

RUSSELL, Andrew Hughes→

director · ~57y · appointed 2023-01-09

View their other companies + combined net worth →

Active

MCGONIGLE, James Aloysius→

secretary · appointed 2004-12-03 · resigned 2016-06-01

Resigned

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2004-12-03 · resigned 2004-12-03

Resigned

ARMSTRONG, Andrew Joseph, Vice President→

director · ~87y · appointed 2004-12-03 · resigned 2011-07-12

Resigned

ARMSTRONG, Richard Maxwell, President→

director · ~89y · appointed 2004-12-03 · resigned 2010-05-09

Resigned

BECKWITH, Tyler Adam→

director · ~44y · appointed 2016-06-01 · resigned 2025-08-19

Resigned

JOHANN, Edward→

director · ~89y · appointed 2011-07-12 · resigned 2015-01-15

Resigned

KING, Stephen Michael→

director · ~39y · appointed 2024-04-19 · resigned 2025-04-14

Resigned

KUCHLAK, Walter→

director · ~82y · appointed 2011-07-12 · resigned 2016-06-30

Resigned

NICHOLAS, Eric Allan→

director · ~63y · appointed 2012-02-06 · resigned 2022-09-07

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 2004-12-03 · resigned 2004-12-03

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:2 of 2 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	14/02/2007	—
	outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	20/12/2006	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (88 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-12-08

termination-director-company-with-name-termination-date

officers · TM01

2025-09-01

accounts-with-accounts-type-full

accounts · AA

2025-06-03

termination-director-company-with-name-termination-date

officers · TM01

2025-04-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-12-13

accounts-with-accounts-type-full

accounts · AA

2024-06-21

appoint-person-director-company-with-name-date

officers · AP01

2024-04-19

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2024-02-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-12-06

accounts-with-accounts-type-full

accounts · AA

2023-06-13

appoint-person-director-company-with-name-date

officers · AP01

2023-01-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-12-12

termination-director-company-with-name-termination-date

officers · TM01

2022-12-12

accounts-with-accounts-type-full

accounts · AA

2022-06-06

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-12-09