PINEFIELD GLASS LIMITED

🌳Matureactive

SC411160 · ltd · incorporated 2011-11-11

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.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 14.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

£1.36M

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 22290

Sector: Manufacturing

ALSO REGISTERED FOR

23120SIC 23120

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 14.1y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 14.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

9 officers (5 active, 9 linked, 8 with DOB)

Ownership & PSC

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

Director network

2 connected companies via shared directors

Filing history

56 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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,358,867

Cash YoY

+14%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.6m

↑ 14% YoY

Net Worth

£1.4m

↑ 21% YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-11-30	2023-11-30
Cash	£1.61M	£1.41M
Net assets	£1.36M	£1.12M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (32 events)Click to expand

2025-05-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-15
📄
change-person-director-company-with-change-date
officers · CH01
2023-11-15
📄
change-person-director-company-with-change-date
officers · CH01
2023-11-15
📄
change-person-director-company-with-change-date
officers · CH01
2023-11-15
📄
change-person-director-company-with-change-date
officers · CH01
2023-11-15
📄
change-person-director-company-with-change-date
officers · CH01
2023-06-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-05-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-22
📄
termination-director-company-with-name-termination-date
officers · TM01
2022-02-14
➖
ARCHIBALD, John Donald resigned
director
2021-09-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-06-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-30
➖
LESLIE, Elaine resigned
director
2020-09-03
📄
change-person-director-company-with-change-date
officers · CH01
2020-06-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-21
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2018-09-25
➕
CHARLESWORTH, Diane appointed
director
2018-09-25
➕
CHARLESWORTH, Martin appointed
director
2018-09-25
➕
EDWARDS, Jamie appointed
director
2018-09-25
➕
MCMULLAN, Martin appointed
director
2014-08-11
➕
LESLIE, Elaine appointed
director
2012-03-23
🔒
Charge registered #1
Lender: Clydesdale Bank PLC
2011-11-18
➕
ARCHIBALD, John Donald appointed
director
2011-11-11
🏢
Company incorporated
As PINEFIELD GLASS LIMITED
2011-11-11
➕
YULE, Bryan appointed
director
2011-11-11
➕
STARK, James Gordon Croll appointed
director
2011-11-11
➖
STARK, James Gordon Croll resigned
director
2011-11-11
➕
P & W DIRECTORS LIMITED appointed
corporate-director
2011-11-11
➖
P & W DIRECTORS LIMITED resigned
corporate-director

Owner dependency

63/100

High — earn-out structure required

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

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 66 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

63/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
secondary12+ year tenure: Director in role 14 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.)

Group structure

Mecc 4 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Mecc 4 Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

PINEFIELD GLASS LIMITED

This company · SC411160

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mecc 4 Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	25/09/2018

1 historic (ceased) PSC

Mr Bryan Yuleceased 25/09/2018· significant influence

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

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NOVAR ESTATES (1965) LTD. (THE)→ SC041940 · est 1965 · no financials extracted	—	—	—	—	61y	—	—
PETRO-ELLA LIMITED→ SC467645 · est 2014 · no financials extracted	—	—	—	—	12y	—	—
PRLIFT LIMITED→ SC815383 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
R & D ENGINEERING LTD→ SC812442 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
RAALA ENGINEERING LTD→ SC772672 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
ROSS-SHIRE ENGINEERING LIMITED→ SC177939 · est 1997 · no financials extracted	—	—	—	—	28y	—	—
RPL CONTRACTS LTD→ SC535736 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
RPM COACHWORKS LTD→ SC781322 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
RUISGARRY ELECTRICAL LTD→ SC773235 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated2011-11-11

Jurisdictionscotland

Primary SIC22290 — SIC 22290

Registered office

1 Pinefield Parade

Pinefield Industrial Estate

Elgin

Morayshire

IV30 6AG

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-11-21

Last: 2025-11-07