SPECIALIST MARINE TECHNOLOGIES LIMITED

🌳Matureactive
SC497449 · ltd · incorporated 2015-02-10
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 3.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£905.3k
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

1 live charge · oldest 3.6y

75/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Charge age ~3.6 years — mid-life; refi window approaching.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (2 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
28 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
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Positive net assets
Net assets £905,290

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£905k
↑ 224% YoY
Current Assets
£1.2m
↑ 100% YoY
Current Liabilities
—
£0£246k£492k£738k£984k£1.2mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-03-312024-03-31
Total assets£905.3k£282.0k
Current assets£1.23M£616.8k
Net assets£905.3k£279.8k

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
1
filing
  • • 1 confirmation-statement
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (22 events)Click to expand
  1. 2026-02-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-18
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-09-21
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2023-09-21
    🔓
    Charge satisfied #1
  6. 2022-12-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-10-18
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-09-30
    🔒
    Charge registered #1
    Lender: Bibby Factors Scotland Limited
  9. 2021-10-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-10-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-12-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-10-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-11-02
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-11-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2016-10-12
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  17. 2016-07-27
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2016-01-04
    ➖
    MUNRO, Sharon Jane resigned
    secretary
  19. 2015-02-10
    🏢
    Company incorporated
    As SPECIALIST MARINE TECHNOLOGIES LIMITED
  20. 2015-02-10
    ➕
    BUCHAN, Peter appointed
    director
  21. 2015-02-10
    ➕
    MUNRO, William James appointed
    director
  22. 2015-02-10
    ➕
    MUNRO, Sharon Jane appointed
    secretary

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

41/100
Moderate signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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
NameSharesVoting rightsNature of controlNotified
Mr William Munro
Individual · Scottish · DOB 08/1976 · age 50
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016

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
Incorporated2015-02-10
Jurisdictionscotland
Primary SIC25620 — Machining

Registered office

Milldale Park
Udny
Ellon
Aberdeenshire
AB41 7PQ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-24
Last: 2026-02-10

Officers (2 active · 1 resigned)

BUCHAN, Peter→
director · ~41y · appointed 2015-02-10
View their other companies + combined net worth →
Active
MUNRO, William James→
director · ~50y · appointed 2015-02-10
View their other companies + combined net worth →
Active
MUNRO, Sharon Jane→
secretary · appointed 2015-02-10 · resigned 2016-01-04
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Bibby Financial Services
Bibby Factors Scotland Limited
A registered charge—30/09/202221/09/2023

Recent filings (28 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-micro-entity
accounts · AA
2023-12-20
mortgage-satisfy-charge-full
mortgage · MR04
2023-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-14
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-27
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-10-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-11