GEOSONIC DRILLING LIMITED
💤Zombieactive
SC438005 · ltd · incorporated 2012-11-30
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
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 43130
Sector: Construction
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 80/100. 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 (73/100).
🏦
Refinance opportunity
1 live charge · oldest 13.3y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 13.3 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (59/100)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
No iXBRL financials extracted
0
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-12-05📄accounts-with-accounts-type-smallaccounts · AA
- 2025-03-04📍change-sail-address-company-with-new-addressaddress · AD02
- 2024-11-07📄accounts-with-accounts-type-smallaccounts · AA
- 2024-02-02📄accounts-with-accounts-type-smallaccounts · AA
- 2023-04-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-04-06📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-11-01📄accounts-with-accounts-type-smallaccounts · AA
- 2022-09-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2022-08-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-05-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-02-02📄accounts-with-accounts-type-smallaccounts · AA
- 2021-02-10📄accounts-with-accounts-type-smallaccounts · AA
- 2019-11-01📄accounts-with-accounts-type-smallaccounts · AA
- 2019-02-20📄accounts-with-accounts-type-smallaccounts · AA
- 2017-11-02📄accounts-with-accounts-type-smallaccounts · AA
- 2013-01-21🔒Charge registered #1Lender: Clydesdale Bank PLC
- 2012-11-30🏢Company incorporatedAs GEOSONIC DRILLING LIMITED
- 2012-11-30➕MUL DRILLING LIMITED appointedcorporate-secretary
- 2012-11-30➕MULRANEY, Michael appointeddirector
Owner dependency
88/100
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.
- +Senior director age: Director aged approximately 58 — approaching natural succession window.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 13 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.)
Group structure
Mul Drilling Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Mul Drilling Ltd
Corporate parent · holds 75-100% shares
⬇
GEOSONIC DRILLING LIMITED
This company · SC438005
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mul Drilling Ltd Corporate entity | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 01/05/2022 |
Mr Michael Mulraney Individual · British · DOB 12/1968 · age 58 | — | — | sig. influencesignificant influence | 06/04/2016 |
1 historic (ceased) PSC
- Muldrilling Ltdceased 05/08/2022· 75-100% shares · 75-100% voting
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 · Construction · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ELSTON ROOFING SERVICES LTD→ SC877187 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| FARRELL ELECTRICAL & PROPERTY SERVICES LTD→ SC726247 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| FORTH AND OBAN LIMITED→ SC169861 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| FORTH VALLEY ROOFING LTD→ SC789338 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| GCM SERVICES SCOTLAND LTD.→ SC431052 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| GENERAL MODELLING LTD→ SC851939 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| GEORGE BOLTON & SON LIMITED→ SC470148 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| GEORGE RUSSELL (CONSTRUCTION) LIMITED→ SC052079 · est 1972 · no financials extracted | — | — | — | — | 53y | — | — |
| GEORGE RUSSELL ESTATES (HOMEFARM) LTD→ SC765205 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| GEORGE RUSSELL ESTATES (PARKFOOT) LTD→ SC823921 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GHCS PROPERTIES LIMITED→ SC826513 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| GIBSON CONSTRUCTION MANAGEMENT LTD→ SC833742 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
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 →🔒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
Incorporated2012-11-30
Jurisdictionscotland
Primary SIC43130 — SIC 43130
Registered office
Lime Tree House
North Castle Street
Alloa
FK10 1EX
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18
Officers (2 active · 0 resigned)
MUL DRILLING LIMITED→
Activecorporate-secretary · appointed 2012-11-30
View their other companies + combined net worth →
MULRANEY, Michael→
Activedirector · ~58y · appointed 2012-11-30
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 21/01/2013 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (37 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-30
accounts-with-accounts-type-small
accounts · AA
2025-12-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-04
change-sail-address-company-with-new-address
address · AD02
2025-03-04
accounts-with-accounts-type-small
accounts · AA
2024-11-07
accounts-with-accounts-type-small
accounts · AA
2024-02-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
change-person-director-company-with-change-date
officers · CH01
2023-04-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-04-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-02
accounts-with-accounts-type-small
accounts · AA
2022-11-01
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-09-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-05
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-06-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-05-06