SPEEDNETSCOTLAND LIMITED

🌳Matureactive
SC340666 · ltd · incorporated 2008-04-02
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
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Turnover
year to Mar 2025
Net worth
£1.53M
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Computer facilities management activities
Sector: Information & communication
Investor take
Pursue
Asset-holding vehicle with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (73/100).

Data confidence

Overall: medium (71/100)

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
Confirmed no charges registered
85
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
50 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £1,533,473

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£1.5m
Current Assets
£1.5m
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£1.57M
Current assets£1.53M
Net assets£1.53M

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
4
filings
  • 3 officers
  • 1 confirmation-statement
Last 90 days
4
filings
  • 3 officers
  • 1 confirmation-statement
Last 180 days
8
filings
  • 3 officers
  • 2 persons-with-significant-control
  • 2 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-04-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2026-04-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2026-04-21
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2026-01-13
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2026-01-13
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2025-12-15
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  7. 2025-11-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2024-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-10-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-09-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-07-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2008-04-02
    🏢
    Company incorporated
    As SPEEDNETSCOTLAND LIMITED
  18. 2008-04-02
    MCILWRAITH, Brian Hugh appointed
    secretary
  19. 2008-04-02
    MCILWRAITH, Brian Hugh appointed
    director
  20. 2008-04-02
    MCILWRAITH, Sandra Catherine appointed
    director

Owner dependency

91/100
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.
  • +Founder age: Director aged approximately 66 — succession pressure is live.
  • +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 66. 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Brian Hugh Mcilwraith
Individual · British · DOB 12/1960 · age 66
sig. influencesignificant influence03/03/2017
1 historic (ceased) PSC
  • Mr Brian Hugh Mcilwraithceased 03/03/2017· 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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2008-04-02
Jurisdictionscotland
Primary SIC62030 — Computer facilities management activities

Registered office

6 - 10 Riccarton Road
Hurlford
Kilmarnock
East Ayrshire
KA1 5AF
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02

Officers (3 active · 0 resigned)

MCILWRAITH, Brian Hugh
secretary · appointed 2008-04-02
View their other companies + combined net worth →
Active
MCILWRAITH, Brian Hugh
director · ~66y · appointed 2008-04-02
View their other companies + combined net worth →
Active
MCILWRAITH, Sandra Catherine
director · ~63y · appointed 2008-04-02
View their other companies + combined net worth →
Active

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

Recent filings (50 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-21
change-person-director-company-with-change-date
officers · CH01
2026-04-21
change-person-director-company-with-change-date
officers · CH01
2026-04-21
change-person-secretary-company-with-change-date
officers · CH03
2026-04-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2026-01-13
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-01-13
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-12-15
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-03