GROUNDTEK LTD

🌳Matureactive
SC446464 · ltd · incorporated 2013-04-02
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£851
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other service activities n.e.c.
Sector: Other service activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle 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 (73/100).

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
3 officers (2 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
31 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
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 · accounting standard not declared
Positive net assets
Net assets £851
Cash YoY
+1310%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£31k
↑ 1310% YoY
Net Worth
£851
↑ 743% YoY
Current Assets
£314k
↑ 8.1% YoY
Current Liabilities
£0£63k£126k£189k£251k£314kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£62.9k£85.0k
Current assets£314.4k£290.7k
Cash£31.2k£2.2k
Debtors£190.5k£215.4k
Net assets£851£101

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-07-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2018-10-16
    📄
    second-filing-of-director-appointment-with-name
    officers · RP04AP01
  10. 2017-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-06-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  12. 2017-01-25
    GIBSON, Margaret appointed
    director
  13. 2017-01-25
    GIBSON, Margaret resigned
    director
  14. 2017-01-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  15. 2017-01-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-04-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2016-02-17
    📄
    accounts-amended-with-accounts-type-total-exemption-small
    accounts · AAMD
  18. 2013-04-02
    🏢
    Company incorporated
    As GROUNDTEK LTD
  19. 2013-04-02
    MACEACHEN, Kenneth appointed
    director
  20. 2013-04-02
    GIBSON, Margaret 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 63 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

clean
No 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%
NameSharesVoting rightsNature of controlNotified
Mr Kenneth Maceachern
Individual · British · DOB 10/1965 · age 61
75100%
75-100% shares06/04/2016

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 →

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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
Incorporated2013-04-02
Jurisdictionscotland
Primary SIC96090 — Other service activities n.e.c.

Registered office

7 Central Avenue
Mount Vernon
Glasgow
G32 9JP

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-16
Last: 2026-04-02

Officers (2 active · 1 resigned)

GIBSON, Margaret
director · ~63y · appointed 2017-01-25
View their other companies + combined net worth →
Active
MACEACHEN, Kenneth
director · ~61y · appointed 2013-04-02
View their other companies + combined net worth →
Active
GIBSON, Margaret
director · ~63y · appointed 2013-04-02 · resigned 2017-01-25
Resigned

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-07-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-04-03