OBAN SCALLOP GEAR LIMITED

🌳Matureactive
SC352798 · ltd · incorporated 2008-12-22
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 7.2y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 85-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 85). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 7.2y

85/100
ready

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

  • · Oldest live charge is 7.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
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
45 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
85
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
Metric2025-03-31
Average employees700

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
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-12-02
    📄
    accounts-amended-with-accounts-type-total-exemption-full
    accounts · AAMD
  2. 2025-08-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-09-27
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  5. 2023-07-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-07-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-06-21
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  9. 2022-06-21
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2022-06-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2022-06-14
    ➕
    ADAM JNR, James appointed
    secretary
  12. 2022-06-14
    ➕
    ADAM SNR, James Stewart appointed
    director
  13. 2022-06-14
    ➖
    ADAM SNR, James Stewart resigned
    secretary
  14. 2022-06-14
    ➖
    ADAM SNR, James Stewart resigned
    director
  15. 2021-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-10-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-09-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2019-03-01
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2019-02-27
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  20. 2018-09-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2017-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2016-03-17
    ➕
    ADAM, Louise Denholm appointed
    director
  23. 2008-12-22
    🏢
    Company incorporated
    As OBAN SCALLOP GEAR LIMITED
  24. 2008-12-22
    ➕
    ADAM JNR, James appointed
    director
  25. 2008-12-22
    ➕
    ADAM SNR, James Stewart appointed
    secretary
  26. 2008-12-22
    ➕
    ADAM SNR, James Stewart appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 85 — succession pressure is live.

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 85 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 17 years.
  • secondaryStable-but-static management: Company is 17 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
Mr James Stewart Adam Snr
Individual · British · DOB 07/1972 · age 54
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Mr James Adam Jnr
Individual · British · DOB 10/1972 · age 54
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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——1190049y8590y
ABERDEEN JOURNALS LIMITED→
SC015256 · est 1928
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£10.04M–£15.77M
——14397y8576y
SCOTT & FYFE LIMITED→
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£9.33M
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£21.01M—940093y8762y
HALLEY STEVENSONS LTD→
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KINGDOM TIMBER ENGINEERING LIMITED→
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HUTCHISON TECHNOLOGIES LIMITED→
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BENTLEYS HOLDINGS LIMITED→
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——£345.4k—18y8362y
MONTROSE ROPE & SAIL COMPANY LIMITED→
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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated2008-12-22
Jurisdictionscotland
Primary SIC28990 — SIC 28990

Registered office

Westby
64 West High Street
Forfar
Tayside
DD8 1BJ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (4 active · 2 resigned)

ADAM JNR, James→
secretary · appointed 2022-06-14
View their other companies + combined net worth →
Active
ADAM, Louise Denholm→
director · ~83y · appointed 2016-03-17
View their other companies + combined net worth →
Active
ADAM JNR, James→
director · ~54y · appointed 2008-12-22
View their other companies + combined net worth →
Active
ADAM SNR, James Stewart→
director · ~85y · appointed 2022-06-14
View their other companies + combined net worth →
Active
ADAM SNR, James Stewart→
secretary · appointed 2008-12-22 · resigned 2022-06-14
Resigned
ADAM SNR, James Stewart→
director · ~85y · appointed 2008-12-22 · resigned 2022-06-14
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—27/02/2019—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (45 total)

accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2025-12-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-22
change-account-reference-date-company-current-extended
accounts · AA01
2023-09-27
appoint-person-director-company-with-name-date
officers · AP01
2023-07-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-07
appoint-person-secretary-company-with-name-date
officers · AP03
2022-06-21
termination-secretary-company-with-name-termination-date
officers · TM02
2022-06-21
termination-director-company-with-name-termination-date
officers · TM01
2022-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-23