PITREAVIE PACKAGING LIMITED
🌳Matureactive
SC290452 · ltd · incorporated 2005-09-16
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.
🔒Estimated value
—
Upgrade to see
Turnover
£24.98M
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 17219
Sector: Manufacturing
ALSO REGISTERED FOR
- 52103SIC 52103
- 82110Combined office administrative service activities
Investor take
PursueLeverage-led grower with a 70-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 14.9y
45/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 14.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 33/100 — workable, but lender will want more DD.
- · Profitable and stable/growing — lender coverage supportable.
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, 3 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
12 officers (4 active, 12 linked, 10 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
95 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒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
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · FRS 102Profitable
Profit before tax £632,409
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Turnover | £24.98M |
| Gross profit | £7.44M |
| Operating profit | £1.04M |
| Profit before tax | £632.4k |
| Average employees | 15700 |
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
0
filings
Last 90 days
1
filing
- • 1 confirmation-statement
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (47 events)Click to expand
- 2025-12-18➖HESLOP, Stephen resigneddirector
- 2025-12-18📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-08-04📄accounts-with-accounts-type-fullaccounts · AA
- 2025-07-23📄change-account-reference-date-company-current-shortenedaccounts · AA01
- 2025-03-17📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-03-13📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2025-03-11📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-10📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-03-10🔒Charge registered #4Lender: Bank of Scotland PLC (As Security Agent)
- 2025-03-10🔒Charge registered #3Lender: Bank of Scotland PLC (As Security Agent)
- 2025-01-15📄memorandum-articlesincorporation · MA
- 2025-01-15📄resolutionresolution · RESOLUTIONS
- 2025-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-13📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-01-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-13📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-01-10➕ATKINSON, Peter Duncan appointeddirector
- 2025-01-10➕GRAY, Ivor appointeddirector
- 2025-01-10➕MACDONALD, James appointeddirector
- 2025-01-10➖ALEXANDER, Scott resigneddirector
- 2025-01-10➖DELANEY, Gordon resigneddirector
- 2025-01-10➖DIAMOND, Joseph O'Neill resigneddirector
- 2025-01-08📄capital-name-of-class-of-sharescapital · SH08
- 2024-07-05📄accounts-with-accounts-type-fullaccounts · AA
- 2023-12-11📄accounts-with-accounts-type-fullaccounts · AA
- 2023-08-22📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-21➕RUSSELL, Julie Ann appointeddirector
- 2023-04-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2022-06-09📄accounts-with-accounts-type-fullaccounts · AA
- 2019-11-05➕ALEXANDER, Scott appointeddirector
- 2014-07-26🔓Charge satisfied #2
- 2013-05-29🔒Charge registered #2Lender: Aldermore Invoice Finance
- 2012-03-31➖G D RYALLS & CO LTD resignedcorporate-secretary
- 2011-06-08🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2011-05-25➕HESLOP, Stephen appointeddirector
- 2011-05-23➖TONER, Adam James resigneddirector
- 2010-08-10➕TONER, Adam James appointeddirector
- 2010-04-01➖DELANEY, Lynda resignedsecretary
- 2010-04-01➖DELANEY, Lynda resigneddirector
- 2007-12-12➕DIAMOND, Joseph O'Neill appointeddirector
- 2007-09-12➕G D RYALLS & CO LTD appointedcorporate-secretary
- 2005-09-16🏢Company incorporatedAs PITREAVIE PACKAGING LIMITED
- 2005-09-16➕DELANEY, Lynda appointedsecretary
- 2005-09-16➕DELANEY, Gordon appointeddirector
- 2005-09-16➕DELANEY, Lynda appointeddirector
Owner dependency
55/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Founder age: Director aged approximately 70 — succession pressure is live.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
Red flags
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
The Pitreavie Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
The Pitreavie Group Limited
Corporate parent · holds 75-100% shares · board control
⬇
PITREAVIE PACKAGING LIMITED
This company · SC290452
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
The Pitreavie Group Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 →Similar companies
Active · Manufacturing · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DIESELEC THISTLE GENERATORS LIMITED→ SC269766 · est 2004 | £7.66M £5.96M–£9.37M | — | — | 10300 | 21y | 84 | 58y |
| CALEDONIAN PLYWOOD COMPANY LTD.→ SC195444 · est 1999 | £6.46M £5.02M–£7.89M | — | — | 8100 | 27y | 85 | 72y |
| KELVINSIDE ELECTRONICS LIMITED→ SC105407 · est 1987 | £4.29M £3.33M–£5.24M | — | — | 6100 | 38y | 84 | 65y |
| PCT GROUP SALES LIMITED→ SC075642 · est 1981 | £3.56M £2.77M–£4.35M | — | — | 77 | 44y | 85 | 83y |
| PROMAT BD LIMITED→ SC208370 · est 2000 | £3.41M £2.65M–£4.17M | — | — | 8500 | 25y | 87 | 70y |
| INDEPENDENT GLASS COMPANY LIMITED→ SC107294 · est 1987 | £2.83M £2.20M–£3.46M | — | — | 21800 | 38y | 85 | 79y |
| THOMAS TUNNOCK LIMITED→ SC028747 · est 1952 | £2.26M £1.76M–£2.76M | — | — | 653 | 74y | 85 | 93y |
| SAMTEC (EUROPE) LIMITED→ SC096674 · est 1986 | £1.51M £1.17M–£1.84M | — | — | 2700 | 40y | 85 | 65y |
| WALKI LIMITED→ SC014320 · est 1926 | £439.3k £341.7k–£536.9k | — | — | 35 | 99y | 94 | 61y |
| LINIAN SUPPLY CO. LIMITED→ SC246119 · est 2003 | — | — | — | 1400 | 23y | 88 | 66y |
| WILLIAMS WINDOW FABRICATION LIMITED→ SC163160 · est 1996 · no financials extracted | — | — | — | — | 30y | — | — |
| WYLIE-REDMAN (MOULDS) LIMITED→ SC037222 · est 1962 · no financials extracted | — | — | — | — | 64y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated2005-09-16
Jurisdictionscotland
Primary SIC17219 — SIC 17219
Registered office
6 Grayshill Road
Cumbernauld
Glasgow
G68 9HQ
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-21
Last: 2026-04-07
Officers (4 active · 8 resigned)
ATKINSON, Peter Duncan→
Activedirector · ~70y · appointed 2025-01-10
View their other companies + combined net worth →
Active
MACDONALD, James→
Activedirector · ~40y · appointed 2025-01-10
View their other companies + combined net worth →
RUSSELL, Julie Ann→
Activedirector · ~55y · appointed 2023-08-21
View their other companies + combined net worth →
DELANEY, Lynda→
Resignedsecretary · appointed 2005-09-16 · resigned 2010-04-01
G D RYALLS & CO LTD→
Resignedcorporate-secretary · appointed 2007-09-12 · resigned 2012-03-31
ALEXANDER, Scott→
Resigneddirector · ~62y · appointed 2019-11-05 · resigned 2025-01-10
DELANEY, Gordon→
Resigneddirector · ~59y · appointed 2005-09-16 · resigned 2025-01-10
DELANEY, Lynda→
Resigneddirector · ~59y · appointed 2005-09-16 · resigned 2010-04-01
DIAMOND, Joseph O'Neill→
Resigneddirector · ~59y · appointed 2007-12-12 · resigned 2025-01-10
HESLOP, Stephen→
Resigneddirector · ~68y · appointed 2011-05-25 · resigned 2025-12-18
TONER, Adam James→
Resigneddirector · ~58y · appointed 2010-08-10 · resigned 2011-05-23
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
3
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC (As Security Agent) | A registered charge | — | 10/03/2025 | — | |
| outstanding | Lloyds Banking Group Bank of Scotland PLC (As Security Agent) | A registered charge | — | 10/03/2025 | — | |
| satisfied | Aldermore Aldermore Invoice Finance | A registered charge | 1 property | 29/05/2013 | 26/07/2014 | |
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 08/06/2011 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (95 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
termination-director-company-with-name-termination-date
officers · TM01
2025-12-18
accounts-with-accounts-type-full
accounts · AA
2025-08-04
change-account-reference-date-company-current-shortened
accounts · AA01
2025-07-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-17
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-03-17
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2025-03-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-10
memorandum-articles
incorporation · MA
2025-01-15
resolution
resolution · RESOLUTIONS
2025-01-15
termination-director-company-with-name-termination-date
officers · TM01
2025-01-13
termination-director-company-with-name-termination-date
officers · TM01
2025-01-13
termination-director-company-with-name-termination-date
officers · TM01
2025-01-13
appoint-person-director-company-with-name-date
officers · AP01
2025-01-13