SEATON JOINERY LIMITED

🌳Matureactive

SC324458 · ltd · incorporated 2007-05-29

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 18.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jul 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Manufacture of other builders' carpentry and joinery

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 79-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 65/100. Strong seller-intent signal (63/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 18.3y

50/100

clean up first

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

· Oldest live charge is 18.3 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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

Lenders & charges

5 charges (5/5 with lender, 5/5 with type)

Directors & officers

6 officers (4 active, 6 linked, 3 with DOB)

Ownership & PSC

3 active PSC(s) of 3 total, 3 with control declared

Director network

5 connected companies via shared directors

Filing history

65 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-07-31	2024-07-31
Average employees	900	1000

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 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (31 events)Click to expand

2026-02-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-24
📄
capital-name-of-class-of-shares
capital · SH08
2021-02-23
📄
memorandum-articles
incorporation · MA
2021-02-23
📄
resolution
resolution · RESOLUTIONS
2021-02-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-09
📄
mortgage-charge-part-release-with-charge-number
mortgage · MR05
2018-06-09
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-06-09
🔓
Charge satisfied #4
2018-03-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-10-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-08-31
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2016-08-29
🔒
Charge registered #5
Lender: Clydesdale Bank PLC
2011-07-06
🔒
Charge registered #4
Lender: Clydesdale Bank PLC
2010-01-14
🔒
Charge registered #3
Lender: Clydesdale Bank PLC
2008-03-13
🔒
Charge registered #2
Lender: Clydesdale Bank PLC
2008-01-18
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
2007-05-29
🏢
Company incorporated
As SEATON JOINERY LIMITED
2007-05-29
➕
IRONS, Craig appointed
secretary
2007-05-29
➕
IRONS, Craig appointed
director
2007-05-29
➕
IRONS, Eric appointed
director
2007-05-29
➕
MACGREGOR, David appointed
director
2007-05-29
➕
BRIAN REID LTD. appointed
corporate-secretary
2007-05-29
➖
BRIAN REID LTD. resigned
corporate-secretary
2007-05-29
➕
STEPHEN MABBOTT LTD. appointed
corporate-director
2007-05-29
➖
STEPHEN MABBOTT LTD. resigned
corporate-director

Owner dependency

83/100

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

+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 79 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100

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 79 years old. Natural succession window is now.
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

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Eric Irons Individual · British · DOB 10/1947 · age 79	25–50%	—	25-50% shares	06/04/2016
Mr Craig Irons Individual · British · DOB 05/1969 · age 57	25–50%	—	25-50% shares	06/04/2016
Mr David Macgregor Individual · British · DOB 11/1973 · age 53	25–50%	—	25-50% shares	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 · DD postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
D. GEDDES (CONTRACTORS) LIMITED→ SC060200 · est 1976	£16.59M £12.91M–£20.28M	—	—	11900	49y	85	90y
ABERDEEN JOURNALS LIMITED→ SC015256 · est 1928	£12.91M £10.04M–£15.77M	—	—	143	97y	85	76y
SCOTT & FYFE LIMITED→ SC017244 · est 1933	£9.33M £7.26M–£11.41M	£21.01M	—	9400	93y	87	62y
HALLEY STEVENSONS LTD→ SC211231 · est 2000	£8.37M £6.51M–£10.23M	£10.37M	—	5200	25y	83	73y
PACSON LIMITED→ SC114098 · est 1988	£7.17M £5.58M–£8.76M	£13.80M	—	8700	37y	93	59y
KINGDOM TIMBER ENGINEERING LIMITED→ SC344021 · est 2008	£3.98M £3.09M–£4.86M	—	—	5300	17y	87	74y
HUTCHISON TECHNOLOGIES LIMITED→ SC176095 · est 1997	£1.92M £1.49M–£2.35M	£15.44M	—	12200	28y	89	57y
BENTLEYS HOLDINGS LIMITED→ SC212699 · est 2000	—	—	—	0	25y	83	71y
METALTECH UK LIMITED→ SC334096 · est 2007	—	—	£345.4k	—	18y	83	62y
MONTROSE ROPE & SAIL COMPANY LIMITED→ SC246159 · est 2003	—	—	—	21	23y	83	64y
TRAYNORROV LIMITED→ SC597667 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
UK DESIGN STUDIO LTD→ SC797780 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated2007-05-29

Jurisdictionscotland

Primary SIC16230 — Manufacture of other builders' carpentry and joinery

Registered office

Seaton Joinery Limited Richard Speirs Road

Kirkton Industrial Estate

Arbroath

Angus

DD11 3LT

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-06-12

Last: 2025-05-29

Officers (4 active · 2 resigned)

IRONS, Craig→

secretary · appointed 2007-05-29

View their other companies + combined net worth →

Active

IRONS, Craig→

director · ~57y · appointed 2007-05-29

View their other companies + combined net worth →

Active

IRONS, Eric→

director · ~79y · appointed 2007-05-29

View their other companies + combined net worth →

Active

MACGREGOR, David→

director · ~53y · appointed 2007-05-29

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-secretary · appointed 2007-05-29 · resigned 2007-05-29

Resigned

STEPHEN MABBOTT LTD.→

corporate-director · appointed 2007-05-29 · resigned 2007-05-29

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:5 of 5 shown

		Type	Properties
outstanding	Virgin Money Clydesdale Bank PLC	A registered charge	1 property	29/08/2016	—
satisfied	Virgin Money Clydesdale Bank PLC	Standard security	1 property	06/07/2011	09/06/2018
outstanding	Virgin Money Clydesdale Bank PLC	Standard security	1 property	14/01/2010	—
outstanding	Virgin Money Clydesdale Bank PLC	Standard security	1 property	13/03/2008	—
outstanding	Virgin Money Clydesdale Bank Public Limited Company	Floating charge	1 property	18/01/2008	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-02-20

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-06-10

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-04-29

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-06-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-04-24

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-06-05

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-04-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-06-06

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-03-14

confirmation-statement-with-updates

confirmation-statement · CS01

2021-06-04

capital-name-of-class-of-shares

capital · SH08

2021-02-24

memorandum-articles

incorporation · MA

2021-02-23

resolution

resolution · RESOLUTIONS

2021-02-23

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-02-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2020-06-03