SALTIRE ENERGY TUBULAR SERVICES LIMITED

🏛️Establishedactive
SC624029 · ltd · incorporated 2019-03-12
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 Jun 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 33190
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 82-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 80/100. Strong seller-intent signal (60/100, director aged 82). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 0.1y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Newest facility, 0.1 years old — likely still in initial term.
  • · 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
4 officers (3 active, 4 linked, 2 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
19 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
65
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
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£0£0£0£0£0Jun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-06-302024-06-30
Average employees2200

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 mortgage
Last 90 days
3
filings
  • 1 mortgage
  • 1 accounts
  • 1 confirmation-statement
Last 180 days
3
filings
  • 1 mortgage
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2026-04-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  2. 2026-04-01
    🔒
    Charge registered #1
    Lender: Close Leasing Limited
  3. 2026-03-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  4. 2025-07-01
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  5. 2025-06-27
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2024-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-05-10
    PETERKINS, SOLICITORS appointed
    corporate-secretary
  10. 2021-05-10
    KEENAN, Bryan Angus resigned
    secretary
  11. 2021-05-10
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  12. 2021-05-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  13. 2021-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-01
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  15. 2019-03-12
    🏢
    Company incorporated
    As SALTIRE ENERGY TUBULAR SERVICES LIMITED
  16. 2019-03-12
    LOGGIE, Jack William appointed
    director
  17. 2019-03-12
    LOGGIE, Michael David appointed
    director
  18. 2019-03-12
    KEENAN, Bryan Angus appointed
    secretary
  19. 2019-03-12
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 82 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 82 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

1 med ·
Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2025-07-01: certificate-change-of-name-company

Group structure

Foxley Energy Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Foxley Energy Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
SALTIRE ENERGY TUBULAR SERVICES LIMITED
This company · SC624029

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Foxley Energy Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control12/03/2019

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

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
Incorporated2019-03-12
Jurisdictionscotland
Primary SIC33190 — SIC 33190

Registered office

100 Union Street
Aberdeen
AB10 1QR
United Kingdom

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11

Officers (3 active · 1 resigned)

PETERKINS, SOLICITORS
corporate-secretary · appointed 2021-05-10
View their other companies + combined net worth →
Active
LOGGIE, Jack William
director · ~33y · appointed 2019-03-12
View their other companies + combined net worth →
Active
LOGGIE, Michael David
director · ~82y · appointed 2019-03-12
View their other companies + combined net worth →
Active
KEENAN, Bryan Angus
secretary · appointed 2019-03-12 · resigned 2021-05-10
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Close Leasing
Close Leasing Limited
A registered charge01/04/2026
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (19 total)

mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-04-07
accounts-with-accounts-type-small
accounts · AA
2026-03-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-19
certificate-change-of-name-company
change-of-name · CERTNM
2025-07-01
accounts-with-accounts-type-small
accounts · AA
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-02
appoint-corporate-secretary-company-with-name-date
officers · AP04
2021-05-10
termination-secretary-company-with-name-termination-date
officers · TM02
2021-05-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-28