FIRST TECH LIMITED

🌳Matureactive
SC282302 · ltd · incorporated 2005-03-30
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 20.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Activities of head offices
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 20.3y

70/100
ready

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

  • · Oldest live charge is 20.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (75/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
12 officers (3 active, 12 linked, 6 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-30
Average employees0

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

🔒Filing-note intelligence

5 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
4
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
Last 180 days
6
filings
  • 3 persons-with-significant-control
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 2026-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2026-02-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2026-01-21
    📄
    accounts-with-accounts-type-group
    accounts · AA
  5. 2025-11-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-10-04
    SUTTIE, Ian Alexander, Mr. resigned
    director
  7. 2025-01-23
    📄
    accounts-with-accounts-type-group
    accounts · AA
  8. 2024-04-12
    📄
    capital-allotment-shares
    capital · SH01
  9. 2024-04-12
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2024-02-21
    BROWN, Steven Michael appointed
    director
  11. 2024-02-21
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2023-11-07
    📄
    accounts-with-accounts-type-group
    accounts · AA
  13. 2023-01-26
    📄
    accounts-with-accounts-type-group
    accounts · AA
  14. 2023-01-26
    📄
    capital-allotment-shares
    capital · SH01
  15. 2022-01-25
    📄
    accounts-with-accounts-type-group
    accounts · AA
  16. 2020-12-29
    📄
    accounts-with-accounts-type-group
    accounts · AA
  17. 2020-10-28
    SUTTIE, Martin Ian appointed
    director
  18. 2020-10-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  19. 2020-01-29
    📄
    accounts-with-accounts-type-group
    accounts · AA
  20. 2019-06-03
    📄
    capital-allotment-shares
    capital · SH01
  21. 2019-06-03
    📄
    resolution
    resolution · RESOLUTIONS
  22. 2017-03-24
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  23. 2017-02-01
    🔓
    Charge satisfied #1
  24. 2013-04-30
    GEORGE, Steven Richard resigned
    director
  25. 2012-07-06
    OGG, Richard James resigned
    secretary
  26. 2011-07-11
    OGG, Richard James appointed
    secretary
  27. 2011-07-11
    GEORGE, Steven Richard appointed
    director
  28. 2010-04-23
    FORBES, Graham Andrew resigned
    director
  29. 2009-07-17
    GEORGE, Steven Richard resigned
    secretary
  30. 2008-01-09
    GEORGE, Steven Richard appointed
    secretary
  31. 2008-01-09
    MEARNS, Steven Macdonald resigned
    secretary
  32. 2006-08-31
    MEARNS, Steven Macdonald appointed
    secretary
  33. 2006-08-31
    PAULL & WILLIAMSONS resigned
    corporate-secretary
  34. 2006-01-19
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  35. 2005-07-27
    FORBES, Graham Andrew appointed
    director
  36. 2005-07-08
    SUTTIE, Dorothy Elizabeth appointed
    director
  37. 2005-07-08
    P & W SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  38. 2005-07-08
    PAULL & WILLIAMSONS appointed
    corporate-secretary
  39. 2005-07-08
    SUTTIE, Ian Alexander, Mr. appointed
    director
  40. 2005-07-08
    P & W DIRECTORS LIMITED resigned
    corporate-nominee-director
  41. 2005-03-30
    🏢
    Company incorporated
    As FIRST TECH LIMITED
  42. 2005-03-30
    P & W SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  43. 2005-03-30
    P & W DIRECTORS LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 21 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

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

Group structure

Shepherd & Wedderburn (Trustees) Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Shepherd & Wedderburn (Trustees) Limited
Corporate parent
FIRST TECH LIMITED
This company · SC282302

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Shepherd & Wedderburn (Trustees) Limited
Corporate entity
sig. influencesignificant influence04/10/2025
Mrs Dorothy Elizabeth Suttie
Individual · British · DOB 09/1947 · age 79
sig. influencesignificant influence04/10/2025
1 historic (ceased) PSC
  • Mr Ian Alexander Suttieceased 04/10/2025· 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
Incorporated2005-03-30
Jurisdictionscotland
Primary SIC70100 — Activities of head offices

Registered office

First Integrated House Broadfold Road
Bridge Of Don
Aberdeen
AB23 8EE
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27

Officers (3 active · 9 resigned)

BROWN, Steven Michael
director · ~38y · appointed 2024-02-21
View their other companies + combined net worth →
Active
SUTTIE, Dorothy Elizabeth
director · ~79y · appointed 2005-07-08
View their other companies + combined net worth →
Active
SUTTIE, Martin Ian
director · ~48y · appointed 2020-10-28
View their other companies + combined net worth →
Active
GEORGE, Steven Richard
secretary · appointed 2008-01-09 · resigned 2009-07-17
Resigned
MEARNS, Steven Macdonald
secretary · appointed 2006-08-31 · resigned 2008-01-09
Resigned
OGG, Richard James
secretary · appointed 2011-07-11 · resigned 2012-07-06
Resigned
P & W SECRETARIES LIMITED
corporate-nominee-secretary · appointed 2005-03-30 · resigned 2005-07-08
Resigned
PAULL & WILLIAMSONS
corporate-secretary · appointed 2005-07-08 · resigned 2006-08-31
Resigned
FORBES, Graham Andrew
director · ~56y · appointed 2005-07-27 · resigned 2010-04-23
Resigned
GEORGE, Steven Richard
director · ~45y · appointed 2011-07-11 · resigned 2013-04-30
Resigned
SUTTIE, Ian Alexander, Mr.
director · ~79y · appointed 2005-07-08 · resigned 2025-10-04
Resigned
P & W DIRECTORS LIMITED
corporate-nominee-director · appointed 2005-03-30 · resigned 2005-07-08
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge24/03/2017
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property19/01/200601/02/2017
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (96 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-02-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-02-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-02-27
accounts-with-accounts-type-group
accounts · AA
2026-01-21
termination-director-company-with-name-termination-date
officers · TM01
2025-11-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-27
accounts-with-accounts-type-group
accounts · AA
2025-01-23
capital-allotment-shares
capital · SH01
2024-04-12
resolution
resolution · RESOLUTIONS
2024-04-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
accounts-with-accounts-type-group
accounts · AA
2023-11-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-01
accounts-with-accounts-type-group
accounts · AA
2023-01-26