CIVIL AND STRUCTURAL ENGINEERING SHETLAND LIMITED

🌳Matureactive
SC531924 · ltd · incorporated 2016-04-07
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Apr 2025
Net worth
£268.1k
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Asset-holding vehicle with a 72-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (63/100, director aged 72). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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 (3 active, 3 linked, 3 with DOB)
90
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
6 connected companies via shared directors
63
Filing history
22 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 £268,145
Cash YoY
+266%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£96k
↑ 266% YoY
Net Worth
£268k
↑ 20% YoY
Current Assets
£408k
↑ 2.1% YoY
Current Liabilities
£0£82k£163k£245k£326k£408kApr 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£273.5k£223.7k
Current assets£407.8k£399.5k
Cash£95.7k£26.2k
Debtors£310.2k£354.0k
Net assets£268.1k£223.7k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
1
filing
  • 1 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (16 events)Click to expand
  1. 2025-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-06-21
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-01-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-02-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-01-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2018-01-09
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2017-04-24
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2016-04-07
    🏢
    Company incorporated
    As CIVIL AND STRUCTURAL ENGINEERING SHETLAND LIMITED
  13. 2016-04-07
    ADAMSON, Ewen James appointed
    director
  14. 2016-04-07
    HALCROW, Brian appointed
    director
  15. 2016-04-07
    TAIT, Alan John appointed
    director
  16. 2016-04-07
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • +Founder age: Director aged approximately 72 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Alan John Tait
Individual · British · DOB 06/1954 · age 72
2550%
25-50% shares07/04/2016
Mr Brian Halcrow
Individual · British · DOB 04/1986 · age 40
2550%
25-50% shares07/04/2016
Mr Ewen James Adamson
Individual · British · DOB 04/1986 · age 40
2550%
25-50% shares07/04/2016

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 →

Similar companies

Active · Professional services · ZE postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
MICHAEL POTTINGER ENGINEERING LIMITED
SC395494 · est 2011
315y8262y
A B ASSOCIATES LIMITED
SC151350 · est 1994
£51.3k31y8182y
HAFM LIMITED
SC397698 · est 2011
£16.4k15y8070y
JOHNSTONS SALES & SERVICES LIMITED
SC309125 · est 2006
£450.6k19y8084y
L & M ENGINEERING (UK) LIMITED
SC428479 · est 2012 · no financials extracted
13y8078y
BOLTS CAR HIRE LIMITED
SC154841 · est 1994 · no financials extracted
31y7975y
FRANK L. JOHNSTON (SHETLAND) LIMITED
SC066562 · est 1978
£1.22M47y7984y
HAMEPARK HOLDINGS LIMITED
SC451413 · est 2013
£1.96M12y7859y
JIM CLARK ACCOUNTANCY LTD.
SC402670 · est 2011
£142.3k14y7858y
JOHN LEASK CONSULTING LTD
SC481647 · est 2014
10011y7867y
MJW PRODUCTIVITY MANAGEMENT LTD
SC479316 · est 2014
10011y7868y
MOURAZ DESIGN SERVICES LTD
SC487254 · est 2014
£203.1k11y7859y
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
Incorporated2016-04-07
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Units E & F
4 Market Street
Lerwick
Shetland
ZE1 0JN
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-20
Last: 2026-04-06

Officers (3 active · 0 resigned)

ADAMSON, Ewen James
director · ~40y · appointed 2016-04-07
View their other companies + combined net worth →
Active
HALCROW, Brian
director · ~40y · appointed 2016-04-07
View their other companies + combined net worth →
Active
TAIT, Alan John
director · ~72y · appointed 2016-04-07
View their other companies + combined net worth →
Active

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

Recent filings (22 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-08
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-06-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-16