PBS ENGINEERING LTD

💤Zombieactive
SC424427 · ltd · incorporated 2012-05-18
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 May 2024
Net worth
book net assets
Opportunity
64/100
Worth a look
🔔
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What this business does
Primary activity: SIC 29320
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 64/100 (worth a look), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (38/100).

Data confidence

Overall: medium (76/100)

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 (1 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
35 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
64/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0May 2023May 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-05-312023-05-31
Average employees100100

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-05-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2024-10-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-05-21
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-05-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-06-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2021-06-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-04-22
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  10. 2021-04-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-04-21
    BRACKEN, Paula Jane resigned
    secretary
  12. 2020-04-13
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-02-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  14. 2019-03-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2018-03-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2017-02-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2016-06-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2012-05-18
    🏢
    Company incorporated
    As PBS ENGINEERING LTD
  19. 2012-05-18
    BRACKEN, Peter John appointed
    director
  20. 2012-05-18
    BRACKEN, Paula Jane appointed
    secretary

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

53/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 14 years.

Red flags

1 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-02-28

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Peter John Bracken
Individual · British · DOB 01/1986 · age 40
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/05/2016

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

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

9 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
Incorporated2012-05-18
Jurisdictionscotland
Primary SIC29320 — SIC 29320

Registered office

Pbs Engineering Ltd Unit 1a Lugtonridge
Lochlibo Road
Burnhouse
North Ayrshire
KA15 1LE
Scotland

Filing status

Accounts
Next due: 2026-02-28OVERDUE
Last made up to: 2024-05-31
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18

Officers (1 active · 1 resigned)

BRACKEN, Peter John
director · ~40y · appointed 2012-05-18
View their other companies + combined net worth →
Active
BRACKEN, Paula Jane
secretary · appointed 2012-05-18 · resigned 2021-04-21
Resigned

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

Recent filings (35 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-02
change-person-director-company-with-change-date
officers · CH01
2025-05-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-03
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-05-21
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-30
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-19
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-06-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-12
accounts-with-accounts-type-dormant
accounts · AA
2021-06-12
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-04-22