KELVIN TOP-SET LIMITED

🌳Matureactive

SC342121 · ltd · incorporated 2008-04-29

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 17.6y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Other service activities n.e.c.

Sector: Other service activities

Investor take

Pursue

Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 80). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 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

2 live charges · 2 lenders · oldest 17.6y

50/100

clean up first

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

· Oldest live charge is 17.6 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

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

6 officers (5 active, 6 linked, 5 with DOB)

Ownership & PSC

1 active PSC(s) of 5 total, 5 with control declared

Director network

3 connected companies via shared directors

Filing history

60 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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 · FRS 102

Metric	2024-12-31	2023-12-31
Average employees	1200	1200

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (29 events)Click to expand

2025-08-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-13
📄
memorandum-articles
incorporation · MA
2023-01-13
📄
resolution
resolution · RESOLUTIONS
2022-12-14
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-12-14
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-14
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-12-13
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-28
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-28
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-03-22
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-09-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-02-05
📄
appoint-person-director-company-with-name-date
officers · AP01
2019-10-01
➕
SIMPSON, James appointed
director
2019-09-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-06-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2018-08-08
➖
GILBERT, James resigned
director
2018-03-13
➕
GILBERT, James appointed
director
2009-11-05
🔓
Charge satisfied #1
2009-08-13
🔒
Charge registered #2
Lender: Hsbc Bank PLC
2008-09-08
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2008-04-29
🏢
Company incorporated
As KELVIN TOP-SET LIMITED
2008-04-29
➕
RAMSAY, Lorna Mary Stephen appointed
secretary
2008-04-29
➕
MCCONNELL, Brian George appointed
director
2008-04-29
➕
RAMSAY, David Kenneth appointed
director
2008-04-29
➕
RAMSAY, Lorna Mary Stephen appointed
director

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-4 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 80 — 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 80 years old. Natural succession window is now.
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.)

Group structure

Dalginross 2 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Dalginross 2 Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

KELVIN TOP-SET LIMITED

This company · SC342121

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%

Name	Shares	Voting rights	Nature of control	Notified
Dalginross 2 Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	08/12/2022

4 historic (ceased) PSCs

Dalginross Holdings Limitedceased 08/12/2022· 75-100% shares · 75-100% voting · board control
Mr David Ramsayceased 31/12/2021· 25-50% shares · 25-50% voting
Lorna Mary Stephen Ramsayceased 31/12/2021· 25-50% shares · 25-50% voting
The Kelvin Consultants Limitedceased 22/11/2022· 75-100% shares · 75-100% voting · board control · firm interest

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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KC JANITORIAL LTD→ SC653581 · est 2020 · no financials extracted	—	—	—	—	6y	—	—
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KER-NI CONSULTANCY LIMITED→ SC193924 · est 1999 · no financials extracted	—	—	—	—	27y	—	—
KERR CLEANING SERVICES LTD→ SC805858 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
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KMT DEVELOPMENT TRUST→ SC557594 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
KNOTTY 2 NICE DOG GROOMING LTD→ SC871129 · est 2025 · no financials extracted	—	—	—	—	—	—	—
KRAYLEIGH ENTERPRISES LTD→ SC592236 · est 2018 · no financials extracted	—	—	—	—	8y	—	—

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

Incorporated2008-04-29

Jurisdictionscotland

Primary SIC96090 — Other service activities n.e.c.

Registered office

Annickbank Innovation Campus

Irvine

North Ayrshire

KA11 4LF

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-05-13

Last: 2025-04-29