VERACITY UK LIMITED

🌳Matureactive

SC291812 · ltd · incorporated 2005-10-18

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

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 26200

Sector: Manufacturing

Investor take

Pursue

Leverage-led grower with a 70-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (77/100).

🏦

Refinance opportunity

9 live charges · 5 lenders · oldest 19.8y

45/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 19.8 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 38/100 — 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, 1 SIC codes, incorporation date

100

Financials

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

9 charges (9/9 with lender, 9/9 with type)

Directors & officers

16 officers (6 active, 16 linked, 15 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

9 connected companies via shared directors

Filing history

134 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

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

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 £1,339,301

Key financials

1 year extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31
Profit before tax	£1.34M
Average employees	46

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

filing

• 1 confirmation-statement

Last 180 days

filing

• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (64 events)Click to expand

2025-09-30
📄
accounts-with-accounts-type-full
accounts · AA
2025-09-23
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-06-30
➖
ROBERTS, Stewart Malcolm resigned
director
2025-04-17
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-04-16
🔒
Charge registered #9
Lender: Oaknorth Bank PLC as Security Trustee
2025-04-14
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-08
➖
CORSON, David Mclachlan Lindsay resigned
director
2025-04-01
➕
BARRY, Joseph Richard Hainsworth appointed
director
2025-03-20
➖
DAKIN, Michael Derek Royston resigned
director
2025-02-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-02-03
📄
change-person-director-company-with-change-date
officers · CH01
2025-01-29
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-01-29
🔓
Charge satisfied #6
2025-01-27
➕
ROBERTS, Stewart Malcolm appointed
director
2024-12-19
➕
DAKIN, Michael Derek Royston appointed
director
2024-12-19
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-12-10
📄
legacy
miscellaneous · ANNOTATION
2024-12-10
📄
legacy
miscellaneous · ANNOTATION
2024-12-09
📄
memorandum-articles
incorporation · MA
2024-12-09
📄
resolution
resolution · RESOLUTIONS
2024-12-06
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-12-04
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-12-04
📄
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2024-11-27
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-11-22
🔒
Charge registered #8
Lender: Oaknorth Bank PLC as Security Trustee
2024-11-22
🔒
Charge registered #7
Lender: Oaknorth Bank PLC as Security Trustee
2024-10-29
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-10-29
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-29
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-10-29
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-10-25
➕
MORETON, James appointed
director
2024-10-25
➕
SCHMIDT-CHIARI, Stanislaus Eduard appointed
director
2024-10-25
➖
COLLINS, Garfield Leslie resigned
director
2024-10-25
➖
GALLAGHER, Michael John resigned
director
2024-01-31
➖
COLLINS, Garfield Leslie resigned
secretary
2021-07-29
➕
WYTON, Ashley John Martin appointed
director
2020-02-19
➖
BROWN, Sam resigned
director
2019-11-04
🔒
Charge registered #6
Lender: Hsbc UK Bank PLC
2019-10-30
➕
HAMILTON, Robert Alexander Pedersen appointed
director
2019-10-30
➖
AINDOW, David resigned
director
2019-10-30
➕
GALLAGHER, Michael John appointed
director
2019-05-07
➖
FOLEY, Jim resigned
director
2018-06-04
➕
AINDOW, David appointed
director
2018-01-31
➕
FOLEY, Jim appointed
director
2018-01-10
🔓
Charge satisfied #5
2017-03-01
➖
SEREBOFF, Scott Allen resigned
director
2014-12-03
🔒
Charge registered #5
Lender: Hsbc Bank PLC

Showing most recent 50 of 64 events

Owner dependency

65/100

High — earn-out structure required

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

FACTORS

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 70 — succession pressure is live.

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 70 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

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Longacre Capture Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Longacre Capture Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

VERACITY UK LIMITED

This company · SC291812

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
Longacre Capture Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	25/10/2024

1 historic (ceased) PSC

Mr Alastair Campbell Mcleodceased 25/10/2024· 25-50% shares · 25-50% voting

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 · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CHEMTEC UK LIMITED→ SC276983 · est 2004	£5.02M £3.90M–£6.13M	—	—	2300	21y	90	57y
GMSS HOLDINGS LIMITED→ SC478614 · est 2014	£2.25M £1.75M–£2.75M	—	—	0	11y	84	61y
AEROFORMA TECHNOLOGIES (NORTH) LIMITED→ SC123036 · est 1990	—	—	—	47	36y	83	75y
ATLAS (SCOTLAND) LIMITED→ SC260329 · est 2003	—	—	£583.3k	—	22y	83	66y
AYRSHIRE BLINDS LIMITED→ SC090647 · est 1984	—	—	£199.3k	—	41y	83	81y
BOAT ELECTRICS & ELECTRONICS LIMITED→ SC066331 · est 1978	—	—	£396.3k	—	47y	83	60y
BRODIE ENGINEERING LIMITED→ SC163999 · est 1996	—	—	—	9600	30y	83	60y
CAPITAL STEEL LIMITED→ SC275258 · est 2004	—	—	£1.45M	—	21y	83	70y
GIRARD INDUSTRIES EUROPE LIMITED→ SC101084 · est 1986	—	—	£389.5k	—	39y	83	73y
KENNEDYSMITH (PRESS) LIMITED→ SC186009 · est 1998	—	—	—	7200	27y	83	66y
ADELPHI ENGINEERING & CONSTRUCTION LIMITED→ SC185137 · est 1998	—	—	—	11	28y	82	65y
AIRCRAFT ENGINEERS LIMITED→ SC226029 · est 2001	—	—	—	-600	24y	82	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

Incorporated2005-10-18

Jurisdictionscotland

Primary SIC26200 — SIC 26200

Registered office

Prestwick International Aerospace Park

4, Dow Road

Prestwick

South Ayrshire

KA9 2TU

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-01-27

Last: 2026-01-13