PETERHEAD ENGINEERS DEVELOPMENT LIMITED

🌳Matureactive
SC284647 · ltd · incorporated 2005-05-11
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to May 2025
Net worth
£343.1k
book net assets
Opportunity
81/100
Exceptional
🔔
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What this business does
Primary activity: Technical and vocational secondary education
Sector: Education
Investor take
Pursue
Strong opportunity: asset-holding vehicle with exceptional profile and bankable structure.

Opportunity 81/100 (exceptional), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
11 officers (4 active, 11 linked, 5 with DOB)
79
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
61 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £343,141
Net assets shrinking
Down £36,140 YoY
Cash YoY
-9%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£275k
↓ 9.2% YoY
Net Worth
£343k
↓ 9.5% YoY
Current Assets
£323k
↓ 11% YoY
Current Liabilities
£0£76k£152k£228k£303k£379kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£353.8k£392.4k
Current assets£323.4k£362.1k
Cash£275.1k£303.0k
Debtors£48.3k£59.1k
Net assets£343.1k£379.3k

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

🔒Filing-note intelligence

1 signal 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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-27
    WHYTE, Mathew appointed
    secretary
  5. 2023-04-27
    DOWNIE, Brian resigned
    secretary
  6. 2023-04-27
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  7. 2023-04-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  8. 2022-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-08-16
    RITCHIE, Conrad Strachan resigned
    director
  11. 2021-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-03-03
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2019-05-27
    RITCHIE, Conrad Strachan appointed
    director
  15. 2019-05-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2019-01-09
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2018-02-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  18. 2017-08-07
    DOWNIE, Brian appointed
    secretary
  19. 2017-08-07
    RAMSAY, Sarah Joanne resigned
    secretary
  20. 2017-08-07
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  21. 2017-08-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  22. 2017-03-21
    MILNE, Caroline resigned
    director
  23. 2016-10-03
    BURNS, Harry Alan resigned
    secretary
  24. 2016-10-03
    RAMSAY, Sarah Joanne appointed
    secretary
  25. 2014-01-01
    WILLOX, Leighton Alexander appointed
    director
  26. 2012-09-14
    MILNE, Caroline appointed
    director
  27. 2006-06-13
    ANDERSON, David Macdonald appointed
    director
  28. 2006-06-13
    ABBOTT, David Ross resigned
    director
  29. 2006-02-23
    PETERHEAD & DISTRICT GROUP TRAINING LTD appointed
    corporate-director
  30. 2005-05-11
    🏢
    Company incorporated
    As PETERHEAD ENGINEERS DEVELOPMENT LIMITED
  31. 2005-05-11
    BURNS, Harry Alan appointed
    secretary
  32. 2005-05-11
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  33. 2005-05-11
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  34. 2005-05-11
    ABBOTT, David Ross appointed
    director

Owner dependency

68/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — 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 60. Early succession window.
  • primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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

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

Group structure

Peterehead & District Group Training Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Peterehead & District Group Training Limited
Corporate parent · holds 75-100% shares
ultimate parent
PETERHEAD ENGINEERS DEVELOPMENT LIMITED
This company · SC284647

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Peterehead & District Group Training Limited
Corporate entity
75100%
75–100%75-100% shares · 75-100% voting06/04/2016

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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30026y8265y
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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
Incorporated2005-05-11
Jurisdictionscotland
Primary SIC85320 — Technical and vocational secondary education

Registered office

1 Wellbank Business Park,
Blackhills, Peterhead
Aberdeenshire
AB42 3JH

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-05-25
Last: 2026-05-11

Officers (4 active · 7 resigned)

WHYTE, Mathew
secretary · appointed 2023-04-27
View their other companies + combined net worth →
Active
ANDERSON, David Macdonald
director · ~60y · appointed 2006-06-13
View their other companies + combined net worth →
Active
WILLOX, Leighton Alexander
director · ~50y · appointed 2014-01-01
View their other companies + combined net worth →
Active
PETERHEAD & DISTRICT GROUP TRAINING LTD
corporate-director · appointed 2006-02-23
View their other companies + combined net worth →
Active
BURNS, Harry Alan
secretary · appointed 2005-05-11 · resigned 2016-10-03
Resigned
DOWNIE, Brian
secretary · appointed 2017-08-07 · resigned 2023-04-27
Resigned
RAMSAY, Sarah Joanne
secretary · appointed 2016-10-03 · resigned 2017-08-07
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2005-05-11 · resigned 2005-05-11
Resigned
ABBOTT, David Ross
director · ~74y · appointed 2005-05-11 · resigned 2006-06-13
Resigned
MILNE, Caroline
director · ~68y · appointed 2012-09-14 · resigned 2017-03-21
Resigned
RITCHIE, Conrad Strachan
director · ~54y · appointed 2019-05-27 · resigned 2022-08-16
Resigned

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

Recent filings (61 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-17
appoint-person-secretary-company-with-name-date
officers · AP03
2023-04-27
termination-secretary-company-with-name-termination-date
officers · TM02
2023-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-20
termination-director-company-with-name-termination-date
officers · TM01
2022-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-26