KWIKPAC LIMITED

🌳Matureactive
SC313696 · ltd · incorporated 2006-12-19
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.
Why now
Window steady · medium confidence
Mixed signals — 1 changes over 30 days, no clear direction yet.
  • · PSC count: 3 → 4
What changed my view
Last 30 days

Picture improved over the last 30 days — 1 positive signal vs 0 negative.

  • PSC count: 34
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 Dec 2024
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and acceptable with review structure.

Opportunity 75/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. 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 16.9y

45/100
clean up first

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

  • · Oldest live charge is 16.9 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 35/100 — workable, but lender will want more DD.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 5 with DOB)
87
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
81 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
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
65
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £2,184,623

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Profit before tax£2.18M£2.17M
Average employees363300

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
2
filings
  • 2 persons-with-significant-control
Last 90 days
12
filings
  • 3 officers
  • 2 persons-with-significant-control
  • 2 confirmation-statement
Last 180 days
12
filings
  • 3 officers
  • 2 persons-with-significant-control
  • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2026-06-04
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  2. 2026-06-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2026-03-27
    📄
    capital-name-of-class-of-shares
    capital · SH08
  4. 2026-03-27
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  5. 2026-03-27
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2026-03-25
    📄
    resolution
    resolution · RESOLUTIONS
  7. 2026-03-25
    📄
    memorandum-articles
    incorporation · MA
  8. 2026-03-25
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2026-03-25
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2026-03-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2026-03-24
    HARMER, Andrew David resigned
    secretary
  12. 2026-03-24
    HARMER, Andrew David resigned
    director
  13. 2025-09-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2024-09-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2023-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2022-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-06-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2021-01-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  19. 2021-01-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2020-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2017-12-05
    HARMER, Catherine Macpherson resigned
    director
  22. 2017-04-07
    🔓
    Charge satisfied #4
  23. 2013-12-24
    🔒
    Charge registered #4
    Lender: Bank of Scotland PLC
  24. 2012-11-30
    🔓
    Charge satisfied #1
  25. 2012-11-29
    🔓
    Charge satisfied #2
  26. 2009-09-21
    🔒
    Charge registered #3
    Lender: The Fife Council
  27. 2009-09-21
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Scotland PLC
  28. 2009-08-05
    🔒
    Charge registered #1
    Lender: Lloyds Tsb Scotland PLC
  29. 2006-12-19
    🏢
    Company incorporated
    As KWIKPAC LIMITED
  30. 2006-12-19
    HARMER, Allan Ralph appointed
    director
  31. 2006-12-19
    HARMER, Ronny Graham appointed
    director
  32. 2006-12-19
    HARMER, Ted appointed
    director
  33. 2006-12-19
    HARMER, Andrew David appointed
    secretary
  34. 2006-12-19
    HARMER, Andrew David appointed
    director
  35. 2006-12-19
    HARMER, Catherine Macpherson 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 19 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 19 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

1 med ·
2 director resignations in last 12 months
medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: HARMER, Andrew David resigned 2026-03-24; HARMER, Andrew David resigned 2026-03-24

Group structure

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

🏛️
Orkka Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
KWIKPAC LIMITED
This company · SC313696

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
Orkka Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control29/05/2026
3 historic (ceased) PSCs
  • Kwikpac Holdings Limitedceased 29/05/2026· 75-100% shares · 75-100% voting
  • Mr Andrew David Harmerceased 21/12/2019· significant influence
  • Mrs Catherine Macpherson Harmerceased 21/12/2019· significant influence

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

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
Incorporated2006-12-19
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

Randolph Court
Randolph Industrial Estate
Kirkcaldy
Fife
KY1 2YY

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-14
Last: 2026-03-31

Officers (3 active · 3 resigned)

HARMER, Allan Ralph
director · ~52y · appointed 2006-12-19
View their other companies + combined net worth →
Active
HARMER, Ronny Graham
director · ~48y · appointed 2006-12-19
View their other companies + combined net worth →
Active
HARMER, Ted
director · ~43y · appointed 2006-12-19
View their other companies + combined net worth →
Active
HARMER, Andrew David
secretary · appointed 2006-12-19 · resigned 2026-03-24
Resigned
HARMER, Andrew David
director · ~75y · appointed 2006-12-19 · resigned 2026-03-24
Resigned
HARMER, Catherine Macpherson
director · ~80y · appointed 2006-12-19 · resigned 2017-12-05
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property24/12/201307/04/2017
outstanding
The Fife Council
Standard security1 property21/09/2009
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Standard security1 property21/09/200929/11/2012
satisfied
Lloyds Banking Group
Lloyds Tsb Scotland PLC
Bond & floating charge1 property05/08/200930/11/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (81 total)

notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-06-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-06-04
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-31
capital-name-of-class-of-shares
capital · SH08
2026-03-27
capital-variation-of-rights-attached-to-shares
capital · SH10
2026-03-27
change-person-director-company-with-change-date
officers · CH01
2026-03-27
resolution
resolution · RESOLUTIONS
2026-03-25
memorandum-articles
incorporation · MA
2026-03-25
resolution
resolution · RESOLUTIONS
2026-03-25
termination-secretary-company-with-name-termination-date
officers · TM02
2026-03-25
termination-director-company-with-name-termination-date
officers · TM01
2026-03-25
accounts-with-accounts-type-full
accounts · AA
2025-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-03
accounts-with-accounts-type-full
accounts · AA
2024-09-30