I.M.S. ENGINEERING (SCOTLAND) LTD
🌳Matureactive
SC388513 · ltd · incorporated 2010-11-09
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 Nov 2024
Net worth
£27.1k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -90% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (58/100).
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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £27,095
Net assets shrinking
Down £20,390 YoY
Cash draining
Cash down 90% YoY
Cash YoY
-90%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£4k
↓ 90% YoY
Net Worth
£27k
↓ 43% YoY
Current Assets
£22k
↓ 64% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £27.1k | £47.5k |
| Current assets | £22.3k | £62.2k |
| Cash | £4.2k | £42.5k |
| Debtors | £12.0k | £14.2k |
| Net assets | £27.1k | £47.5k |
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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (17 events)Click to expand
- 2025-08-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-24📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-24📄change-person-director-company-with-change-dateofficers · CH01
- 2025-07-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-07-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-08-31📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-06📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2010-11-09🏢Company incorporatedAs I.M.S. ENGINEERING (SCOTLAND) LTD
- 2010-11-09➕CASSERLY, Callum appointeddirector
- 2010-11-09➕CASSERLY, Jamie appointeddirector
Owner dependency
81/100
Critical — business is the founderThe 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 15 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 15 years.
- secondaryStable-but-static management: Company is 15 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
cleanNo 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 Jamie Casserly Individual · Scottish · DOB 02/1986 · age 40 | 25–50% | — | 25-50% shares | 06/04/2016 |
Mr Callum Casserly Individual · Scottish · DOB 05/1987 · age 39 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Anne Casserlyceased 24/07/2025· 25-50% shares
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
Active · Automotive · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| J K TYRES AND AUTOCENTRE (STENHOUSEMUIR) LIMITED→ SC661261 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| NORTHEND GARAGE LIMITED→ SC484855 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| PEOPLES ECOSSE LIMITED→ SC176576 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| PEOPLES LIVERPOOL LIMITED→ SC112752 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| PRIMETORQUE SERVICES LTD→ SC881086 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| PRO-DIVISION CAR SALES LTD→ SC606097 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| REDHOUSE GARAGE (SCOTLAND) LIMITED→ SC348251 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
| RMA AUTO SERVICES LTD→ SC811811 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| RWY AUTOMOTIVE LTD→ SC840818 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| RYLER AUTOMOTIVE LTD→ SC877208 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| SACRILEGE MOTORS LTD→ SC750171 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SANDOMINGO LTD→ SC831921 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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.
See pricing →Company details
Statusactive
Typeltd
Incorporated2010-11-09
Jurisdictionscotland
Primary SIC45200 — SIC 45200
Registered office
19a Wellside Place
Falkirk
FK1 5RL
Scotland
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-08-07
Last: 2025-07-24
Officers (2 active · 0 resigned)
CASSERLY, Callum→
Activedirector · ~39y · appointed 2010-11-09
View their other companies + combined net worth →
CASSERLY, Jamie→
Activedirector · ~40y · appointed 2010-11-09
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (35 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-24
change-person-director-company-with-change-date
officers · CH01
2025-07-24
change-person-director-company-with-change-date
officers · CH01
2025-07-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-09