THORN ENGINEERING (ABERDEEN) LTD
Opportunity 74/100 (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: 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 (58/100).
Data confidence
Overall: medium (78/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £2 | £2 |
| Current assets | £31.5k | £25.2k |
| Net assets | £2 | £2 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 accounts
Corporate timeline (20 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-11-15📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-09-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-12-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-11-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-03-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2019-03-01➖CHALABIS, Anna Zofia resigneddirector
- 2018-12-04📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-19📄accounts-amended-with-accounts-type-total-exemption-smallaccounts · AAMD
- 2017-10-19📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2017-09-12📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-27📄appoint-person-director-company-with-name-dateofficers · AP01
- 2017-04-26➕CHALABIS, Anna Zofia appointeddirector
- 2017-01-10📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-10-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2016-06-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-06-07🏢Company incorporatedAs THORN ENGINEERING (ABERDEEN) LTD
- 2012-06-07➕THORNDICK, Steven appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- 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
cleanShareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Miss Anna Zofia Chalabis Individual · Polish · DOB 05/1985 · age 41 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mr Steven Thorndick Individual · British · DOB 12/1978 · age 48 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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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 →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
Registered office
Filing status
Officers (1 active · 1 resigned)
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