SEALING SYSTEMS (SCOTLAND) LIMITED

💤Zombieactive
SC385524 · ltd · incorporated 2010-09-16
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2025
Net worth
£175.4k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 46140
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (80/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 15.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 15.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (1 active, 8 linked, 5 with DOB)
83
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
Network not yet resolved
30
Filing history
74 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £175,382
Net assets shrinking
Down £106 YoY
Cash YoY
-18%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£72k
↓ 18% YoY
Net Worth
£175k
~ YoY
Current Assets
£240k
↑ 11% YoY
Current Liabilities
—
£0£48k£96k£144k£192k£240kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£175.7k£176.0k
Current assets£240.1k£217.3k
Cash£72.3k£88.0k
Debtors£104.3k£66.2k
Net assets£175.4k£175.5k

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-02-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2025-09-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2024-12-03
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-12-20
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  5. 2022-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-05-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-12-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-09-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2019-09-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  11. 2019-09-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2019-09-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2019-09-16
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  14. 2018-12-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-12-13
    📄
    capital-cancellation-shares
    capital · SH06
  17. 2017-09-29
    ➖
    TELFER, Jennifer Elaine resigned
    secretary
  18. 2017-09-29
    ➖
    TELFER, Jennifer Elaine resigned
    director
  19. 2016-12-02
    🔓
    Charge satisfied #2
  20. 2016-12-02
    🔓
    Charge satisfied #1
  21. 2014-12-15
    ➖
    BOYD, Jacqueline resigned
    director
  22. 2014-12-15
    ➖
    BOYD, James Douglas resigned
    director
  23. 2010-11-30
    🔒
    Charge registered #2
    Lender: Jacqueline Boyd
  24. 2010-11-30
    🔒
    Charge registered #1
    Lender: James Douglas Boyd
  25. 2010-10-01
    ➕
    BALLANTYNE, Donald Miller appointed
    director
  26. 2010-10-01
    ➕
    TELFER, Jennifer Elaine appointed
    secretary
  27. 2010-10-01
    ➖
    HMS SECRETARIES LIMITED resigned
    corporate-secretary
  28. 2010-10-01
    ➕
    BOYD, Jacqueline appointed
    director
  29. 2010-10-01
    ➕
    BOYD, James Douglas appointed
    director
  30. 2010-10-01
    ➖
    MUNRO, Donald John resigned
    director
  31. 2010-10-01
    ➕
    TELFER, Jennifer Elaine appointed
    director
  32. 2010-10-01
    ➖
    HMS DIRECTORS LIMITED resigned
    corporate-director
  33. 2010-09-16
    🏢
    Company incorporated
    As SEALING SYSTEMS (SCOTLAND) LIMITED
  34. 2010-09-16
    ➕
    HMS SECRETARIES LIMITED appointed
    corporate-secretary
  35. 2010-09-16
    ➕
    MUNRO, Donald John appointed
    director
  36. 2010-09-16
    ➕
    HMS DIRECTORS LIMITED appointed
    corporate-director

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

88/100
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 63. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 Donald Miller Ballantyne
Individual · British · DOB 09/1963 · age 63
50–75%
50–75%50-75% shares · 50-75% voting16/09/2019
Ms Louise Mary Ann Ballantyne
Individual · British · DOB 12/1976 · age 50
25–50%
25–50%25-50% shares · 25-50% voting29/11/2024
2 historic (ceased) PSCs
  • Mr Donald Miller Ballantyneceased 16/09/2019· 25-50% shares
  • Mrs Jennifer Elaine Telferceased 29/09/2017· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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SPRINGBANK DISTILLERS LIMITED→
SC041205 · est 1964
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——2461y8390y
COPPENRATH & WIESE (UK) LIMITED→
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£4.29M
£3.22M–£5.36M
——1445y8162y
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———1153y8390y
BATHROOM ELEGANCE LIMITED→
SC137829 · est 1992
——£1.73M—34y8263y
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———20038y8259y
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——£136.4k—20y8274y
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——£3.04M—15y8261y
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——£3.21M—39y8265y
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——£491.0k—21y8262y
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——£96.8k—78y8287y
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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
Incorporated2010-09-16
Jurisdictionscotland
Primary SIC46140 — SIC 46140

Registered office

Unit 9 Abercorn Industrial Estate
Abercorn Street
Paisley
Renfrewshire
PA3 4AY

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-10-01
Last: 2025-09-17

Officers (1 active · 7 resigned)

BALLANTYNE, Donald Miller→
director · ~63y · appointed 2010-10-01
View their other companies + combined net worth →
Active
TELFER, Jennifer Elaine→
secretary · appointed 2010-10-01 · resigned 2017-09-29
Resigned
HMS SECRETARIES LIMITED→
corporate-secretary · appointed 2010-09-16 · resigned 2010-10-01
Resigned
BOYD, Jacqueline→
director · ~73y · appointed 2010-10-01 · resigned 2014-12-15
Resigned
BOYD, James Douglas→
director · ~76y · appointed 2010-10-01 · resigned 2014-12-15
Resigned
MUNRO, Donald John→
director · ~55y · appointed 2010-09-16 · resigned 2010-10-01
Resigned
TELFER, Jennifer Elaine→
director · ~53y · appointed 2010-10-01 · resigned 2017-09-29
Resigned
HMS DIRECTORS LIMITED→
corporate-director · appointed 2010-09-16 · resigned 2010-10-01
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Jacqueline Boyd
Floating charge1 property30/11/201002/12/2016
satisfied
James Douglas Boyd
Floating charge1 property30/11/201002/12/2016

Recent filings (74 total)

accounts-with-accounts-type-unaudited-abridged
accounts · AA
2026-02-12
confirmation-statement-with-updates
confirmation-statement · CS01
2025-09-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-09-24
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-12-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-04
confirmation-statement-with-updates
confirmation-statement · CS01
2019-09-17