EVOLUTION ROPE TECH LTD.

🌳Matureactive

SC425811 · ltd · incorporated 2012-06-08

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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

What changed my view

Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£-1.3k

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Other professional, scientific and technical activities n.e.c.

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

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. Most likely exit: distressed disposal / insolvency (65/100).

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

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

Ownership & PSC

2 active PSC(s) of 2 total, 2 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

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £1,323

Net assets shrinking

Down £2,600 YoY

Cash YoY

-9%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£16k

↓ 8.5% YoY

Net Worth

-£1k

↓ 204% YoY

Current Assets

£18k

↓ 13% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£-1.3k	£1.3k
Current assets	£18.2k	£21.0k
Cash	£15.8k	£17.3k
Debtors	£2.5k	£3.7k
Net assets	£-1.3k	£1.3k

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

filing

• 1 confirmation-statement

Last 90 days

filing

• 1 confirmation-statement

Last 180 days

filings

• 1 confirmation-statement
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (19 events)Click to expand

2026-02-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-13
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-23
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-04-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-04-22
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-04-22
📄
change-person-director-company-with-change-date
officers · CH01
2019-04-22
📄
change-person-director-company-with-change-date
officers · CH01
2018-11-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-06-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-06-08
📄
change-person-director-company-with-change-date
officers · CH01
2017-08-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2013-08-05
➕
BORWICK, Barbara-Ann Harrison appointed
director
2012-06-08
🏢
Company incorporated
As EVOLUTION ROPE TECH LTD.
2012-06-08
➕
BORWICK, Lindsay George appointed
director

Owner dependency

71/100

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.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

49/100

Moderate signal

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

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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.)

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Lindsay George Borwick Individual · British · DOB 11/1973 · age 53	50–75%	50–75%	board control50-75% shares · 50-75% voting · board control	06/04/2016
Mrs Barbara-Ann Harrison Borwick Individual · British · DOB 04/1977 · age 49	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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

Similar companies

Active · Professional services · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
STREAMLINE SHIPPING GROUP LIMITED→ SC131956 · est 1991	£15.91M £11.73M–£20.10M	—	—	0	35y	83	74y
GENERAL OCEANS UK HOLDINGS LTD→ SC308386 · est 2006	£9.77M £7.20M–£12.34M	—	—	0	19y	84	68y
HIGHLAND FUELS HOLDINGS LIMITED→ SC215790 · est 2001	£9.50M £7.00M–£12.00M	—	—	300	25y	88	62y
CRAIGSHANNOCH LIMITED→ SC191743 · est 1998	£5.90M £4.34M–£7.45M	£2.95M	—	300	27y	88	67y
T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020	£2.76M £2.03M–£3.48M	£11.52M	—	5100	6y	87	77y
ROTECH HOLDINGS LIMITED→ SC148822 · est 1994	£1.97M £1.45M–£2.49M	£453.6k	—	0	32y	92	58y
WELLTEC (UK) LTD.→ SC204742 · est 2000	£134.9k £99.4k–£170.4k	£17.23M	—	3200	26y	93	62y
ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007	—	—	£5.47M	—	19y	83	60y
ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted	—	—	—	—	26y	83	59y
CONNECT NDT LIMITED→ SC205224 · est 2000	—	—	—	—	26y	83	70y
CUMMING & CO. (ABERDEEN) LTD.→ SC248131 · est 2003	—	—	£352.1k	—	23y	83	58y
ETPM LIMITED→ SC318161 · est 2007	—	—	—	1800	19y	83	63y

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

Incorporated2012-06-08

Jurisdictionscotland

Primary SIC74909 — Other professional, scientific and technical activities n.e.c.

Registered office

Hollybush Farm

Crimond

Fraserburgh

Aberdeenshire

AB43 8QU

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2027-06-17

Last: 2026-06-03

Officers (2 active · 0 resigned)

BORWICK, Barbara-Ann Harrison→

director · ~49y · appointed 2013-08-05

View their other companies + combined net worth →

Active

BORWICK, Lindsay George→

director · ~53y · appointed 2012-06-08

View their other companies + combined net worth →

Active

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