C TECNICS LIMITED

💤Zombieactive
SC303904 · ltd · incorporated 2006-06-13
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
£233.4k
book net assets
Opportunity
75/100
Strong
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -92% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 16.1y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 16.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 5 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £233,360
Net assets shrinking
Down £141,531 YoY
Cash draining
Cash down 92% YoY
Cash YoY
-92%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£320
↓ 92% YoY
Net Worth
£233k
↓ 38% YoY
Current Assets
Current Liabilities
£0£75k£150k£225k£300k£375kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Cash£320£4.2k
Net assets£233.4k£374.9k

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

🔒Filing-note intelligence

3 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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-07-31
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-04-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-10-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-07-27
    📄
    capital-alter-shares-subdivision
    capital · SH02
  6. 2023-07-26
    📄
    capital-name-of-class-of-shares
    capital · SH08
  7. 2023-07-25
    📄
    memorandum-articles
    incorporation · MA
  8. 2023-07-25
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2023-07-25
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2023-07-25
    📄
    resolution
    resolution · RESOLUTIONS
  11. 2023-07-24
    📄
    capital-allotment-shares
    capital · SH01
  12. 2023-07-24
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  13. 2023-07-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-07-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2023-01-02
    SMITH, David Russell resigned
    director
  16. 2023-01-01
    YOUNGER, Scott Keir appointed
    director
  17. 2022-12-15
    📄
    capital-return-purchase-own-shares
    capital · SH03
  18. 2022-10-31
    📄
    capital-cancellation-shares
    capital · SH06
  19. 2022-10-28
    📄
    resolution
    resolution · RESOLUTIONS
  20. 2022-10-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2022-08-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  22. 2022-08-11
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  23. 2021-07-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2020-01-31
    MARIE, Mark resigned
    director
  25. 2015-09-14
    MARIE, Mark appointed
    director
  26. 2010-12-23
    BRANNAN, Thomas resigned
    secretary
  27. 2010-12-23
    BRANNAN, Thomas resigned
    director
  28. 2010-03-26
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  29. 2010-01-21
    SMITH, David Russell appointed
    director
  30. 2008-11-30
    GRIER, Crawford resigned
    director
  31. 2006-06-13
    🏢
    Company incorporated
    As C TECNICS LIMITED
  32. 2006-06-13
    BRANNAN, Thomas appointed
    secretary
  33. 2006-06-13
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  34. 2006-06-13
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  35. 2006-06-13
    BRANNAN, Thomas appointed
    director
  36. 2006-06-13
    GRIER, Crawford appointed
    director
  37. 2006-06-13
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  38. 2006-06-13
    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 20 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.)

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr David Russell Smith
Individual · British · DOB 09/1956 · age 70
5075%
50–75%50-75% shares · 50-75% 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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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
Incorporated2006-06-13
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

HALL MORRICE
7 Queens Terrace
Aberdeen
AB10 1XL

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-27
Last: 2025-06-13

Officers (1 active · 7 resigned)

YOUNGER, Scott Keir
director · ~41y · appointed 2023-01-01
View their other companies + combined net worth →
Active
BRANNAN, Thomas
secretary · appointed 2006-06-13 · resigned 2010-12-23
Resigned
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 2006-06-13 · resigned 2006-06-13
Resigned
BRANNAN, Thomas
director · ~71y · appointed 2006-06-13 · resigned 2010-12-23
Resigned
GRIER, Crawford
director · ~85y · appointed 2006-06-13 · resigned 2008-11-30
Resigned
MARIE, Mark
director · ~60y · appointed 2015-09-14 · resigned 2020-01-31
Resigned
SMITH, David Russell
director · ~70y · appointed 2010-01-21 · resigned 2023-01-02
Resigned
JORDANS (SCOTLAND) LIMITED
corporate-nominee-director · appointed 2006-06-13 · resigned 2006-06-13
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge11/08/2022
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property26/03/2010
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (74 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-31
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-17
capital-alter-shares-subdivision
capital · SH02
2023-07-27
capital-name-of-class-of-shares
capital · SH08
2023-07-26
memorandum-articles
incorporation · MA
2023-07-25
resolution
resolution · RESOLUTIONS
2023-07-25
resolution
resolution · RESOLUTIONS
2023-07-25
resolution
resolution · RESOLUTIONS
2023-07-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-24
capital-allotment-shares
capital · SH01
2023-07-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-24