ELLIOT STORAGE LIMITED

🌳Matureactive
SC340055 · ltd · incorporated 2008-03-25
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 7.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 52103
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 64-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 64). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 7.7y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 7.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (72/100)

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
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-31
Average employees300

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
1
filing
  • • 1 confirmation-statement
Last 180 days
4
filings
  • • 2 mortgage
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2026-01-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-01-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2026-01-21
    🔓
    Charge satisfied #3
  4. 2026-01-21
    🔓
    Charge satisfied #2
  5. 2025-12-09
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  6. 2025-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2024-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-02-15
    📄
    capital-name-of-class-of-shares
    capital · SH08
  10. 2022-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-12-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-08-19
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  14. 2020-08-19
    📄
    resolution
    resolution · RESOLUTIONS
  15. 2020-07-13
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2020-07-10
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  17. 2020-06-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2020-06-16
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  19. 2019-08-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2019-07-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2019-07-18
    🔓
    Charge satisfied #1
  22. 2018-09-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2018-08-16
    🔒
    Charge registered #1
    Lender: Svenska Handelsbanken Ab (Publ)
  24. 2017-08-31
    ➖
    BAIN, Robert Neil resigned
    director
  25. 2012-07-30
    ➖
    BAIN, Marjo Bennett Donaldson resigned
    director
  26. 2008-03-25
    🏢
    Company incorporated
    As ELLIOT STORAGE LIMITED
  27. 2008-03-25
    ➕
    BAIN, Gillian Evelyn appointed
    secretary
  28. 2008-03-25
    ➕
    BAIN, Douglas Neil appointed
    director
  29. 2008-03-25
    ➕
    BAIN, Gillian Evelyn appointed
    director
  30. 2008-03-25
    ➕
    BAIN, Marjo Bennett Donaldson appointed
    director
  31. 2008-03-25
    ➕
    BAIN, Robert Neil appointed
    director

Owner dependency

84/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 64 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

79/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Gillian Evelyn Bain
Individual · British · DOB 02/1975 · age 51
25–50%
—25-50% shares01/07/2016
Mr Douglas Neil Bain
Individual · British · DOB 02/1962 · age 64
25–50%
—25-50% shares01/07/2016

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

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
Incorporated2008-03-25
Jurisdictionscotland
Primary SIC52103 — SIC 52103

Registered office

Elliot Industrial Estate
Arbroath
Angus
DD11 2NJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-04-08
Last: 2026-03-25

Officers (3 active · 2 resigned)

BAIN, Gillian Evelyn→
secretary · appointed 2008-03-25
View their other companies + combined net worth →
Active
BAIN, Douglas Neil→
director · ~64y · appointed 2008-03-25
View their other companies + combined net worth →
Active
BAIN, Gillian Evelyn→
director · ~51y · appointed 2008-03-25
View their other companies + combined net worth →
Active
BAIN, Marjo Bennett Donaldson→
director · ~88y · appointed 2008-03-25 · resigned 2012-07-30
Resigned
BAIN, Robert Neil→
director · ~90y · appointed 2008-03-25 · resigned 2017-08-31
Resigned

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

Mortgages & charges

3
Total charges
0
Outstanding
0
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge2 properties10/07/202021/01/2026
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—16/06/202021/01/2026
satisfied
Svenska Handelsbanken Ab (Publ)
A registered charge—16/08/201818/07/2019

Recent filings (54 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-26
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-21
mortgage-satisfy-charge-full
mortgage · MR04
2026-01-21
change-account-reference-date-company-current-extended
accounts · AA01
2025-12-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-12
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-09
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-29
capital-name-of-class-of-shares
capital · SH08
2023-02-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-26
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-31
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-05-12