TGT OILFIELD SERVICES UK LIMITED

🌳Matureactive
SC427554 · ltd · incorporated 2012-07-04
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
£9.93M
year to Dec 2023
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
Pursue
Strong opportunity: conservative operator with strong profile and bankable structure.

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 (85/100).

Data confidence

Overall: medium (70/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 6 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Profitable
Profit before tax £502,397

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · FRS 102
Metric2023-12-31
Turnover£9.93M
Gross profit£470.2k
Operating profit£502.4k
Profit before tax£502.4k
Average employees3000

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

🔒Filing-note intelligence

2 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
3
filings
  • • 3 persons-with-significant-control
Last 180 days
4
filings
  • • 3 persons-with-significant-control
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-03-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  2. 2026-03-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2026-03-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2026-01-06
    📄
    accounts-with-accounts-type-small
    accounts · AA
  5. 2025-07-28
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2025-07-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2025-07-14
    ➕
    AL-KARYOUTI, Nidal appointed
    director
  8. 2025-07-14
    ➖
    BARGACH, Saad resigned
    director
  9. 2025-07-10
    📄
    memorandum-articles
    incorporation · MA
  10. 2025-05-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  11. 2025-05-15
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  12. 2024-05-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2023-10-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2023-06-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2023-06-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2023-05-25
    ➕
    BARGACH, Saad appointed
    director
  17. 2022-12-12
    ➖
    HEGAZI, Mohamed resigned
    director
  18. 2022-08-31
    📄
    accounts-with-accounts-type-small
    accounts · AA
  19. 2021-07-23
    📄
    accounts-with-accounts-type-small
    accounts · AA
  20. 2021-06-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2021-06-02
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  22. 2021-05-31
    ➕
    SAYEH, Andraos appointed
    director
  23. 2021-04-28
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  24. 2021-03-31
    ➖
    EL-AREF, Karim Mohsen resigned
    director
  25. 2020-06-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  26. 2016-10-01
    ➕
    EL-AREF, Karim Mohsen appointed
    director
  27. 2016-10-01
    ➖
    VASILYEV, Georgy resigned
    director
  28. 2012-07-04
    🏢
    Company incorporated
    As TGT OILFIELD SERVICES UK LIMITED
  29. 2012-07-04
    ➕
    HEGAZI, Mohamed appointed
    director
  30. 2012-07-04
    ➕
    VASILYEV, Georgy 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 61 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Jordan Kuwait Bank Plc is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Jordan Kuwait Bank Plc
Corporate parent · holds 75-100% shares
ultimate parent
⬇
TGT OILFIELD SERVICES UK LIMITED
This company · SC427554

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%
NameSharesVoting rightsNature of controlNotified
Jordan Kuwait Bank Plc
Corporate entity
75–100%
—75-100% shares16/03/2026
1 historic (ceased) PSC
  • Diagnostica Dmccceased 16/03/2026· 75-100% shares

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

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
Incorporated2012-07-04
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

21 - 25 Commerce Street Commerce Street
Aberdeen
AB11 5FE
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-07-18
Last: 2025-07-04

Officers (2 active · 4 resigned)

AL-KARYOUTI, Nidal→
director · ~52y · appointed 2025-07-14
View their other companies + combined net worth →
Active
SAYEH, Andraos→
director · ~61y · appointed 2021-05-31
View their other companies + combined net worth →
Active
BARGACH, Saad→
director · ~68y · appointed 2023-05-25 · resigned 2025-07-14
Resigned
EL-AREF, Karim Mohsen→
director · ~50y · appointed 2016-10-01 · resigned 2021-03-31
Resigned
HEGAZI, Mohamed→
director · ~55y · appointed 2012-07-04 · resigned 2022-12-12
Resigned
VASILYEV, Georgy→
director · ~56y · appointed 2012-07-04 · resigned 2016-10-01
Resigned

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

Recent filings (48 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-03-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2026-03-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-18
accounts-with-accounts-type-small
accounts · AA
2026-01-06
appoint-person-director-company-with-name-date
officers · AP01
2025-07-28
termination-director-company-with-name-termination-date
officers · TM01
2025-07-28
memorandum-articles
incorporation · MA
2025-07-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-08
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-05-15
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2025-05-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-12
accounts-with-accounts-type-full
accounts · AA
2024-05-01
accounts-with-accounts-type-small
accounts · AA
2023-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-17
termination-director-company-with-name-termination-date
officers · TM01
2023-06-22