MORMOND ENGINEERING LTD

🌳Matureactive

SC381180 · ltd · incorporated 2010-06-29

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£563

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Specialised design activities

Sector: Professional, scientific & technical

Investor take

Pursue

Asset-holding vehicle with a 62-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (79/100)

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

35 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £563

Net assets shrinking

Down £13,798 YoY

Cash YoY

+69%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£571

↑ 69% YoY

Net Worth

£563

↓ 96% YoY

Current Assets

£5k

↓ 90% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£2.4k	£19.7k
Current assets	£5.5k	£52.8k
Cash	£571	£338
Debtors	£4.9k	£3.8k
Net assets	£563	£14.4k

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2025-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-08-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-04
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-07-04
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2016-09-07
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-09-07
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-07-13
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-06
➕
TAYLOR, Louise Kidd appointed
director
2015-10-08
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-07-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-06-29
🏢
Company incorporated
As MORMOND ENGINEERING LTD
2010-06-29
➕
TAYLOR, Philip Scott appointed
director

Owner dependency

89/100

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 16 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 16 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

69/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Philip Scott Taylor Individual · British · DOB 12/1964 · age 62	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Louise Kidd Taylor Individual · British · DOB 05/1969 · age 57	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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.

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Similar companies

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HSB HOLDINGS LIMITED→ SC260511 · est 2003	£3.58M £2.64M–£4.52M	—	—	0	22y	84	61y
T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020	£2.76M £2.03M–£3.48M	£11.52M	—	5100	5y	87	77y
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WELLTEC (UK) LTD.→ SC204742 · est 2000	£134.9k £99.4k–£170.4k	£17.23M	—	3200	26y	85	62y
ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007	—	—	£5.47M	—	19y	83	60y
ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted	—	—	—	—	26y	83	59y
BOURTREE INVESTMENTS LIMITED→ SC190868 · est 1998	—	—	—	—	27y	83	61y
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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.

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Company details

Statusactive

Typeltd

Incorporated2010-06-29

Jurisdictionscotland

Primary SIC74100 — Specialised design activities

Registered office

Bransburn Hospital Brae

Strichen

Fraserburgh

Aberdeenshire

AB43 6RU

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-07-13

Last: 2025-06-29

Officers (2 active · 0 resigned)

TAYLOR, Louise Kidd→

director · ~57y · appointed 2016-04-06

View their other companies + combined net worth →

Active

TAYLOR, Philip Scott→

director · ~62y · appointed 2010-06-29

View their other companies + combined net worth →

Active

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