KRM ENGINEERING SERVICES LTD

🏛️Establishedactive

SC577937 · ltd · incorporated 2017-10-04

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 Nov 2024

Net worth

£-8.1k

book net assets

Opportunity

72/100

Strong

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What this business does

Primary activity: Other engineering activities

Sector: Professional, scientific & technical

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 72/100 (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: distressed disposal / insolvency (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

23 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

72/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Negative net assets

Liabilities exceed assets by £8,052

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£8k

↓ 75% YoY

Current Assets

£20k

↓ 13% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-11-30	2023-11-30
Total assets	£-8.1k	£-4.6k
Current assets	£19.6k	£22.7k
Net assets	£-8.1k	£-4.6k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2025-08-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-03-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-10-01
📄
change-person-director-company-with-change-date
officers · CH01
2019-10-01
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-10-01
📄
change-person-director-company-with-change-date
officers · CH01
2019-10-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-04-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-03-26
📄
accounts-with-accounts-type-dormant
accounts · AA
2018-02-01
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2017-10-04
🏢
Company incorporated
As KRM ENGINEERING SERVICES LTD
2017-10-04
➕
MCLEOD, Kevin Robert appointed
director
2017-10-04
➕
MCLEOD, Lisa Jaclyn appointed
director
2017-10-04
📄
incorporation-company
incorporation · NEWINC

Owner dependency

71/100

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.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
+No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

36/100

Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Kevin Robert Mcleod Individual · British · DOB 07/1983 · age 43	25–50%	25–50%	25-50% shares · 25-50% voting	04/10/2017
Mrs Lisa Jaclyn Mcleod Individual · British · DOB 01/1987 · age 39	25–50%	25–50%	25-50% shares · 25-50% voting	04/10/2017

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.

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Similar companies

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HSB HOLDINGS LIMITED→ SC260511 · est 2003	£3.58M £2.64M–£4.52M	—	—	0	22y	84	61y
T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020	£2.76M £2.03M–£3.48M	£11.52M	—	5100	5y	87	77y
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WELLTEC (UK) LTD.→ SC204742 · est 2000	£134.9k £99.4k–£170.4k	£17.23M	—	3200	26y	85	62y
ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007	—	—	£5.47M	—	19y	83	60y
ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted	—	—	—	—	26y	83	59y
BOURTREE INVESTMENTS LIMITED→ SC190868 · est 1998	—	—	—	—	27y	83	61y
CONNECT NDT LIMITED→ SC205224 · est 2000	—	—	—	—	26y	83	70y
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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.

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Company details

Statusactive

Typeltd

Incorporated2017-10-04

Jurisdictionscotland

Primary SIC71129 — Other engineering activities

Registered office

Highpoint

Boyndie

Banffshire

AB45 2JP

Scotland

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2026-10-17

Last: 2025-10-03

Officers (2 active · 0 resigned)

MCLEOD, Kevin Robert→

director · ~43y · appointed 2017-10-04

View their other companies + combined net worth →

Active

MCLEOD, Lisa Jaclyn→

director · ~39y · appointed 2017-10-04

View their other companies + combined net worth →

Active

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