SUBSEA PIPING SOLUTIONS LIMITED
💤Zombieactive
SC493491 · ltd · incorporated 2014-12-16
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
74/100
Strong
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
ALSO REGISTERED FOR
- 26514SIC 26514
- 28120SIC 28120
- 28131SIC 28131
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 74/100 (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).
Data confidence
Overall: medium (72/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Company profile
address, 4 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
3 officers (1 active, 3 linked, 3 with DOB)
90
Ownership & PSC
1 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
39 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
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
90
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-12-31 |
|---|---|
| Average employees | 200 |
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 (22 events)Click to expand
- 2025-09-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-06-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-07-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-28📍move-registers-to-registered-office-company-with-new-addressaddress · AD04
- 2021-01-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-14📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2021-01-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-01-14📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-06-18➕MITCHELL, Claire appointeddirector
- 2020-06-18📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-05-28➖MITCHELL, Steven Alexander resigneddirector
- 2020-04-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-05-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-09-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-07-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC03
- 2017-07-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2017-03-31➖DUNCAN, David George resigneddirector
- 2014-12-16🏢Company incorporatedAs SUBSEA PIPING SOLUTIONS LIMITED
- 2014-12-16➕DUNCAN, David George appointeddirector
- 2014-12-16➕MITCHELL, Steven Alexander appointeddirector
Owner dependency
75/100
High — earn-out structure requiredMaterial 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
45/100
Moderate signalSome 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.
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 |
|---|---|---|---|---|
Mrs Claire Mitchell Individual · British · DOB 08/1975 · age 51 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 28/05/2020 |
3 historic (ceased) PSCs
- Steven Mitchellceased 28/05/2020· 75-100% shares
- Steven Mitchellceased 28/05/2020· 25-50% shares
- Mr David George Duncanceased 31/03/2017· 25-50% shares
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 · Manufacturing · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| VIKING SUPPLY SHIPS LIMITED→ SC202464 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| VINREG ACCESS LTD→ SC742888 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| VORTUS INTERNATIONAL LTD→ SC834476 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| VYSUS (GB) LIMITED→ SC125513 · est 1990 · no financials extracted | — | — | — | — | 35y | — | — |
| W J BROWN MECHANICAL SERVICES LIMITED→ SC133395 · est 1991 · no financials extracted | — | — | — | — | 34y | — | — |
| WADJES LIMITED→ SC702028 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| WALKER COMPLETIONS SERVICES LIMITED→ SC220794 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| WAVEBEAM LIMITED→ SC575003 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| WCS SCOTLAND LIMITED→ SC447768 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| WELL ENGINEERING CONSULTANCY LTD.→ SC196296 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| WELL SYSTEMS TECHNOLOGY LTD→ SC411984 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| WELLSITE GEOLOGICAL SERVICES LTD→ SC342357 · est 2008 · no financials extracted | — | — | — | — | 17y | — | — |
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
Incorporated2014-12-16
Jurisdictionscotland
Primary SIC25990 — SIC 25990
Registered office
19 Commerce Street
Insch
Aberdeenshire
AB52 6HX
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16
Officers (1 active · 2 resigned)
MITCHELL, Claire→
Activedirector · ~51y · appointed 2020-06-18
View their other companies + combined net worth →
DUNCAN, David George→
Resigneddirector · ~53y · appointed 2014-12-16 · resigned 2017-03-31
MITCHELL, Steven Alexander→
Resigneddirector · ~51y · appointed 2014-12-16 · resigned 2020-05-28
Click a director name to see their full track record across all companies.
Recent filings (39 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-19
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-28
move-registers-to-registered-office-company-with-new-address
address · AD04
2021-01-28
termination-director-company-with-name-termination-date
officers · TM01
2021-01-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-01-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-01-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-01-14