GEORGE ANDREW (ENGINEERS) LIMITED

🌳Matureactive
SC372570 · ltd · incorporated 2010-02-08
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£83.0k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 76-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 76). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
7 officers (4 active, 7 linked, 5 with DOB)
84
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
54 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 £82,956
Net assets shrinking
Down £87,695 YoY
Cash YoY
-8%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£168k
↓ 8.3% YoY
Net Worth
£83k
↓ 51% YoY
Current Assets
£275k
↓ 12% YoY
Current Liabilities
£0£63k£126k£188k£251k£314kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£95.6k£186.2k
Current assets£275.2k£314.0k
Cash£168.2k£183.6k
Debtors£95.0k£120.4k
Net assets£83.0k£170.7k

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2025-10-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-08-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-08-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-01-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2019-01-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2019-01-07
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2019-01-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-01-07
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2019-01-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2018-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2013-04-01
    ANDREW, Iain appointed
    director
  17. 2013-04-01
    ANDREW, Neil Lewis appointed
    director
  18. 2013-03-31
    ANDREW, Russell resigned
    director
  19. 2010-02-08
    🏢
    Company incorporated
    As GEORGE ANDREW (ENGINEERS) LIMITED
  20. 2010-02-08
    ANDREW, Neil appointed
    secretary
  21. 2010-02-08
    ANDREW, Neil appointed
    director
  22. 2010-02-08
    BRIAN REID LTD. appointed
    corporate-secretary
  23. 2010-02-08
    BRIAN REID LTD. resigned
    corporate-secretary
  24. 2010-02-08
    ANDREW, Russell appointed
    director
  25. 2010-02-08
    MABBOTT, Stephen George appointed
    director
  26. 2010-02-08
    MABBOTT, Stephen George resigned
    director

Owner dependency

98/100
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
  • +Founder name in company name: Company name contains director surname "ANDREW" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 76 — 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 76 years old. Natural succession window is now.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 16 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 Neil Lewis Andrew
Individual · British · DOB 12/1978 · age 48
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Iain Andrew
Individual · British · DOB 10/1972 · age 54
2550%
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.

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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
Incorporated2010-02-08
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

55-57 West High Street
Inverurie
AB51 3QQ

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-22
Last: 2026-02-08

Officers (4 active · 3 resigned)

ANDREW, Neil
secretary · appointed 2010-02-08
View their other companies + combined net worth →
Active
ANDREW, Iain
director · ~54y · appointed 2013-04-01
View their other companies + combined net worth →
Active
ANDREW, Neil Lewis
director · ~48y · appointed 2013-04-01
View their other companies + combined net worth →
Active
ANDREW, Neil
director · ~76y · appointed 2010-02-08
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-secretary · appointed 2010-02-08 · resigned 2010-02-08
Resigned
ANDREW, Russell
director · ~69y · appointed 2010-02-08 · resigned 2013-03-31
Resigned
MABBOTT, Stephen George
director · ~76y · appointed 2010-02-08 · resigned 2010-02-08
Resigned

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

Recent filings (54 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-23
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-01
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-13
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-29
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2020-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-09
confirmation-statement-with-updates
confirmation-statement · CS01
2019-02-12