NEWARK ENGINEERING (SCOTLAND) LTD
💤Zombieactive
SC434205 · ltd · incorporated 2012-10-08
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 Dec 2024
Net worth
£59.6k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueAsset-holding vehicle with a 67-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 67). 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 (73/100).
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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
36 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · accounting standard not declaredPositive net assets
Net assets £59,554
Cash YoY
-2%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£66k
↓ 1.8% YoY
Net Worth
£60k
↑ 5.3% YoY
Current Assets
£67k
↓ 2.0% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 | 2023-12-31 |
|---|---|---|
| Total assets | £59.6k | £56.6k |
| Current assets | £66.7k | £68.1k |
| Cash | £66.3k | £67.5k |
| Debtors | £354 | £522 |
| Net assets | £59.6k | £56.6k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
- 2025-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-04-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-08-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-26📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-10-13📄change-person-director-company-with-change-dateofficers · CH01
- 2016-09-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-10-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-09-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-10-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-07-07📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-10-08🏢Company incorporatedAs NEWARK ENGINEERING (SCOTLAND) LTD
- 2012-10-08➕CLARK, May appointedsecretary
- 2012-10-08➕O'DONNELL, Anthony appointeddirector
- 2012-10-08➕COSEC LIMITED appointedcorporate-secretary
- 2012-10-08➖COSEC LIMITED resignedcorporate-secretary
- 2012-10-08➕MCMEEKIN, James Stuart appointeddirector
- 2012-10-08➖MCMEEKIN, James Stuart resigneddirector
- 2012-10-08➕COSEC LIMITED appointedcorporate-director
- 2012-10-08➖COSEC LIMITED resignedcorporate-director
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Anthony O'Donnell Individual · British · DOB 06/1959 · age 67 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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
Active · Trade services · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NOW BROW (BRAEHEAD) LIMITED→ SC527871 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
| NSF PROPERTIES LIMITED→ SC357735 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| NUBAA RITUALS LTD→ SC857997 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NUMB MUSIC LIMITED→ SC290276 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| OAKREALM LIMITED→ SC363667 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| OATLANDS SCOTLAND LIMITED→ SC567000 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| OBSERVER SHOP LTD→ SC507450 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ODR COMMERCE LTD→ SC871114 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| OFFICE & INDUSTRIAL CLEANING LTD→ SC673522 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| OFFICE DIRECT GLASGOW LTD→ SC834991 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| OFFICE DIRECT SCOTLAND LTD→ SC834992 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| OFFICE GLASGOW LIMITED→ SC676298 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2012-10-08
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
6th Floor
Gordon Chambers 90 Mitchell Street
Glasgow
G1 3NQ
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-22
Last: 2025-10-08
Officers (2 active · 3 resigned)
Active
O'DONNELL, Anthony→
Activedirector · ~67y · appointed 2012-10-08
View their other companies + combined net worth →
COSEC LIMITED→
Resignedcorporate-secretary · appointed 2012-10-08 · resigned 2012-10-08
MCMEEKIN, James Stuart→
Resigneddirector · ~59y · appointed 2012-10-08 · resigned 2012-10-08
COSEC LIMITED→
Resignedcorporate-director · appointed 2012-10-08 · resigned 2012-10-08
Click a director name to see their full track record across all companies.
Recent filings (36 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-16
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2019-10-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2018-10-11