RAMSAY FABRICATION LTD

💤Zombieactive
SC324300 · ltd · incorporated 2007-05-24
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 Mar 2025
Net worth
£13.1k
book net assets
Opportunity
77/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 77/100 (strong), bankability 65/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 4 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 18.2y

30/100
under pressure

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

  • · Oldest live charge is 18.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (76/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
4 officers (1 active, 4 linked, 1 with DOB)
75
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £13,136
Net assets shrinking
Down £8,676 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£13k
↓ 40% YoY
Current Assets
£11k
↓ 47% YoY
Current Liabilities
£0£4k£9k£13k£17k£22kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£23.2k£44.7k
Current assets£11.4k£21.5k
Debtors£11.4k
Net assets£13.1k£21.8k

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-10-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-07-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-07-10
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2022-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-09-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-11-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-12-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-10-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2017-07-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2016-09-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-06-20
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2012-06-21
    FRASER, Natalie Elizabeth resigned
    secretary
  16. 2011-01-19
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  17. 2009-07-24
    🔒
    Charge registered #3
    Lender: Royal Bank of Scotland PLC
  18. 2009-06-24
    🔒
    Charge registered #2
    Lender: Royal Bank of Scotland PLC
  19. 2008-03-07
    🔒
    Charge registered #1
    Lender: Royal Bank of Scotland PLC
  20. 2007-05-24
    🏢
    Company incorporated
    As RAMSAY FABRICATION LTD
  21. 2007-05-24
    RAMSAY, George Ronald appointed
    director
  22. 2007-05-24
    FRASER, Natalie Elizabeth appointed
    secretary
  23. 2007-05-24
    HOGG JOHNSTON SECRETARIES LTD. appointed
    corporate-secretary
  24. 2007-05-24
    HOGG JOHNSTON SECRETARIES LTD. resigned
    corporate-secretary
  25. 2007-05-24
    HOGG JOHNSTON DIRECTORS LTD. appointed
    corporate-director
  26. 2007-05-24
    HOGG JOHNSTON DIRECTORS LTD. resigned
    corporate-director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder name in company name: Company name contains director surname "RAMSAY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

68/100
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.
  • 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

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 George Ronald Ramsay
Individual · British · DOB 01/1971 · age 55
sig. influencesignificant influence01/07/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · DD postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LT'S FABRICATION & MAINTENANCE LTD
SC863999 · est 2025 · no financials extracted
PARRY'S PREMIUM SERVICES LTD
SC576888 · est 2017 · no financials extracted
8y
PDR PRECISION ENGINEERING LTD
SC623023 · est 2019 · no financials extracted
7y
PURE ENERGY (REGEN) LIMITED
SC597784 · est 2018 · no financials extracted
7y
R ASSENTI MACHINERY LIMITED
SC763823 · est 2023 · no financials extracted
3y
R.BOYTER ELECTRICAL SERVICES LTD
SC710075 · est 2021 · no financials extracted
4y
RAVENDALE COMPLETIONS LTD
SC407446 · est 2011 · no financials extracted
14y
RB OFFSHORE LIMITED
SC572425 · est 2017 · no financials extracted
8y
RB WELL SERVICES LTD
SC353518 · est 2009 · no financials extracted
17y
RED DRAGON GEOLOGICAL LIMITED
SC527517 · est 2016 · no financials extracted
10y
REDKING INTERVENTION LTD
SC506663 · est 2015 · no financials extracted
10y
REEKIE MANUFACTURING LTD
SC529342 · est 2016 · no financials extracted
10y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2007-05-24
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

11 Panbride Road
Carnoustie
Angus
DD7 6HS
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-11-19
Last: 2025-11-05

Officers (1 active · 3 resigned)

RAMSAY, George Ronald
director · ~55y · appointed 2007-05-24
View their other companies + combined net worth →
Active
FRASER, Natalie Elizabeth
secretary · appointed 2007-05-24 · resigned 2012-06-21
Resigned
HOGG JOHNSTON SECRETARIES LTD.
corporate-secretary · appointed 2007-05-24 · resigned 2007-05-24
Resigned
HOGG JOHNSTON DIRECTORS LTD.
corporate-director · appointed 2007-05-24 · resigned 2007-05-24
Resigned

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

Mortgages & charges

4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property19/01/2011
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property24/07/2009
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Floating charge1 property24/06/2009
outstanding
Lloyds Banking Group
Royal Bank of Scotland PLC
Standard security1 property07/03/2008
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (54 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-22
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-14
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-30
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-10
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-26