SHEET METAL FABRICATION (2013) LTD
💤Zombieactive
SC442504 · ltd · incorporated 2013-02-11
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 Feb 2025
Net worth
£38.9k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 24100
Sector: Manufacturing
Investor take
PursueAsset-holding vehicle with a 66-year-old founder — textbook succession opportunity.
Opportunity 78/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 66). 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
2 officers (1 active, 2 linked, 2 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
33 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 £38,854
Net assets shrinking
Down £27,358 YoY
Cash YoY
+16%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£87k
↑ 16% YoY
Net Worth
£39k
↓ 41% YoY
Current Assets
£99k
↑ 6.4% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £38.9k | £66.2k |
| Current assets | £99.4k | £93.4k |
| Cash | £87.0k | £74.8k |
| Debtors | £6.8k | £12.6k |
| Net assets | £38.9k | £66.2k |
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
1
filing
- • 1 confirmation-statement
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
- 2025-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-06-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-11-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-02-11📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-11-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-02-24📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-02-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-12-07📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-09-23➖ROSS, Duncan Robert resigneddirector
- 2020-08-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-15📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-04-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-05-11📄capital-allotment-sharescapital · SH01
- 2013-06-10➕ROSS, Duncan Robert appointeddirector
- 2013-02-11🏢Company incorporatedAs SHEET METAL FABRICATION (2013) LTD
- 2013-02-11➕MOIR, Graeme Milne appointeddirector
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 66 — 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 66. 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 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.)
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Graeme Milne Moir Individual · British · DOB 10/1960 · age 66 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
1 historic (ceased) PSC
- Mr Duncan Robert Rossceased 31/03/2020· 25-50% shares · 25-50% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| THE FRAGRANCE DEPARTMENT LTD→ SC862877 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THEIA UNLIMITED LIMITED→ SC772587 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| THREE60 ENERGY WELLS UK LIMITED→ SC131282 · est 1991 · no financials extracted | — | — | — | — | 35y | — | — |
| TIERNEY STRACHAN CONSULTING LIMITED→ SC177770 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| TOUGH ACCESS LTD→ SC818885 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| TRANSITION CLEAN SOLUTIONS LIMITED→ SC683889 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| TREVOR MCDONALD (MARINE ENGINE SERVICES) LTD.→ SC322848 · est 2007 · no financials extracted | — | — | — | — | 18y | — | — |
| TRITON MARINE & ENGINEERING CONSULTANTS LIMITED→ SC556056 · est 2017 · no financials extracted | — | — | — | — | 9y | — | — |
| TRITON MARINE SERVICES LIMITED→ SC608268 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| TT INSPECTION LTD→ SC824382 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| V-TES LIMITED→ SC433495 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| VECTOR SUPPLIES LIMITED→ SC103810 · est 1987 · no financials extracted | — | — | — | — | 39y | — | — |
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
Incorporated2013-02-11
Jurisdictionscotland
Primary SIC24100 — SIC 24100
Registered office
1 Brodick Road
Fraserburgh
Aberdeenshire
AB43 9TT
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06
Officers (1 active · 1 resigned)
MOIR, Graeme Milne→
Activedirector · ~66y · appointed 2013-02-11
View their other companies + combined net worth →
ROSS, Duncan Robert→
Resigneddirector · ~73y · appointed 2013-06-10 · resigned 2020-09-23
Click a director name to see their full track record across all companies.
Recent filings (33 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-30
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-11
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2022-02-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-02
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-02-24
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2021-02-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-02-24