HYDRATECH ABERDEEN LTD

🌳Matureactive

SC402477 · ltd · incorporated 2011-06-27

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 Aug 2024

Net worth

£-61.0k

book net assets

Opportunity

79/100

Strong

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What this business does

Primary activity: SIC 28120

Sector: Manufacturing

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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

4 officers (2 active, 4 linked, 4 with DOB)

Ownership & PSC

2 active PSC(s) of 3 total, 3 with control declared

Director network

Network not yet resolved

Filing history

38 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

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 · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £60,960

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£61k

↓ 28% YoY

Current Assets

£5k

↓ 77% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-08-31	2023-08-31
Total assets	£-61.0k	£-47.6k
Current assets	£5.3k	£23.1k
Net assets	£-61.0k	£-47.6k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-05-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-04-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-23
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-21
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2017-09-21
📄
termination-director-company-with-name-termination-date
officers · TM01
2017-09-15
➖
BREMNER, Brian resigned
director
2017-06-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-06-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-06-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-05-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-05
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2011-11-27
➕
BREMNER, Brian appointed
director
2011-11-27
➖
BREMNER, Brian resigned
director
2011-06-27
🏢
Company incorporated
As HYDRATECH ABERDEEN LTD
2011-06-27
➕
CHALMERS, Mark Robert appointed
director
2011-06-27
➕
DALGARNO, Stewart appointed
director
2011-06-27
➕
BREMNER, Brian appointed
director

Owner dependency

66/100

High — earn-out structure required

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

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Senior director age: Director aged approximately 64 — approaching natural succession window.

Succession & seller-readiness

69/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 15 years.
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 Mark Robert Chalmers Individual · British · DOB 12/1966 · age 60	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mr Stewart Dalgarno Individual · British · DOB 04/1962 · age 64	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

1 historic (ceased) PSC

Mr Brian Bremnerceased 15/09/2017· 25-50% shares · 25-50% voting

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

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INNOVO ENGINEERING AND CONSTRUCTION LIMITED→ SC434959 · est 2012 · no financials extracted	—	—	—	—	13y	—	—
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INTERNATIONAL TUBULAR SERVICES LIMITED→ SC111913 · est 1988 · no financials extracted	—	—	—	—	37y	—	—
INTEROCEAN MARINE SERVICES LIMITED→ SC330887 · est 2007 · no financials extracted	—	—	—	—	18y	—	—

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

Incorporated2011-06-27

Jurisdictionscotland

Primary SIC28120 — SIC 28120

Registered office

10 Annand Road

Ellon

AB41 9FT

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-08-31

Confirmation statement

Next due: 2026-07-11

Last: 2025-06-27

Officers (2 active · 2 resigned)

CHALMERS, Mark Robert→

director · ~60y · appointed 2011-06-27

View their other companies + combined net worth →

Active

DALGARNO, Stewart→

director · ~64y · appointed 2011-06-27

View their other companies + combined net worth →

Active

BREMNER, Brian→

director · ~58y · appointed 2011-11-27 · resigned 2011-11-27

Resigned

BREMNER, Brian→

director · ~58y · appointed 2011-06-27 · resigned 2017-09-15

Resigned

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