ENTEC (SCOTLAND) LTD

💤Zombieactive
SC492629 · ltd · incorporated 2014-12-03
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
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. 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 (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 9.5y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 9.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
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
34 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£20k£40k£60k£80k£100kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Total assets£16.5k
Current assets£99.6k
Net assets£1.5k
Average employees500

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
2
filings
  • 2 mortgage
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-01-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  2. 2026-01-13
    🔓
    Charge satisfied #1
  3. 2025-11-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  4. 2025-11-18
    🔒
    Charge registered #2
    Lender: Sallyport Commercial Finance LTD
  5. 2025-09-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2024-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2023-09-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-09-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-02-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-02-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2022-02-14
    MCMULLAN, Stephen David resigned
    director
  12. 2021-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2020-12-17
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2020-12-17
    📄
    capital-allotment-shares
    capital · SH01
  15. 2020-12-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2020-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2020-07-01
    MCMULLAN, Stephen David appointed
    director
  18. 2019-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  19. 2018-09-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  20. 2016-11-11
    🔒
    Charge registered #1
    Lender: Lloyds Bank Commercial Finance LTD
  21. 2014-12-03
    🏢
    Company incorporated
    As ENTEC (SCOTLAND) LTD
  22. 2014-12-03
    WATKINS, Mark James Alex appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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 Mark James Alex Watkins
Individual · British · DOB 12/1979 · age 47
75100%
75-100% shares06/04/2016
1 historic (ceased) PSC
  • Mr Stephen David Mcmullanceased 14/02/2022· 25-50% 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

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
Incorporated2014-12-03
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Ritsons
103 High Street
Forres
IV36 1AA
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-06
Last: 2025-10-23

Officers (1 active · 1 resigned)

WATKINS, Mark James Alex
director · ~47y · appointed 2014-12-03
View their other companies + combined net worth →
Active
MCMULLAN, Stephen David
director · ~39y · appointed 2020-07-01 · resigned 2022-02-14
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Sallyport Commercial Finance
Sallyport Commercial Finance LTD
A registered charge18/11/2025
satisfied
Lloyds Banking Group
Lloyds Bank Commercial Finance LTD
A registered charge11/11/201613/01/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (34 total)

mortgage-satisfy-charge-full
mortgage · MR04
2026-01-13
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2023-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-29
termination-director-company-with-name-termination-date
officers · TM01
2022-02-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-02-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-20
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2020-12-17