MECHANICAL REFRIGERATION TECHNOLOGIES LTD

🏛️Establishedactive
SC624762 · ltd · incorporated 2019-03-18
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 Jan 2025
Net worth
£36.2k
book net assets
Opportunity
77/100
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 35300
Sector: Electricity, gas & energy
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 77/100 (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: share sale to pe / searcher (73/100).

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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
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
18 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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 · FRS 102
Positive net assets
Net assets £36,190
Cash YoY
-18%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£71k
↓ 18% YoY
Net Worth
£36k
↑ 1.6% YoY
Current Assets
£71k
↓ 18% YoY
Current Liabilities
—
£0£17k£34k£52k£69k£86kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets£36.2k£35.6k
Current assets£71.0k£86.2k
Cash£71.0k£86.2k
Net assets£36.2k£35.6k

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
0
filings
Last 90 days
2
filings
  • • 2 confirmation-statement
Last 180 days
2
filings
  • • 2 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (13 events)Click to expand
  1. 2025-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-10-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-08-03
    ➕
    HAMILL, Fiona appointed
    director
  5. 2023-08-03
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2022-12-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-03
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2022-12-01
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2021-12-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-03-18
    🏢
    Company incorporated
    As MECHANICAL REFRIGERATION TECHNOLOGIES LTD
  12. 2019-03-18
    ➕
    HAMILL, Michael John appointed
    director
  13. 2019-03-18
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

79/100
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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael John Hamill
Individual · British · DOB 09/1968 · age 58
75–100%
75–100%board control75-100% shares · 75-100% voting · board control18/03/2019

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 →

Similar companies

Active · Energy & utilities · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ENVIROCLEAN (SCOTLAND) LIMITED→
SC176022 · est 1997
£9.58M
£6.90M–£12.26M
——24628y8459y
BARR + WRAY LIMITED→
SC040952 · est 1964
£4.90M
£3.53M–£6.28M
——590061y8459y
BARR + WRAY HOLDINGS 2 LIMITED→
SC276252 · est 2004
£1.34M
£963.0k–£1.71M
——021y8459y
PHILIPHAUGH HYDRO LIMITED→
SC398239 · est 2011 · no financials extracted
————14y——
PROACTIVE ENERGY LIMITED→
SC351381 · est 2008 · no financials extracted
————17y——
PURE ALCHEMI LTD→
SC814162 · est 2024 · no financials extracted
————1y——
RELIANCE CONTRACTS GROUP LIMITED→
SC805685 · est 2024 · no financials extracted
————2y——
SCOTTISH WATER LIMITED→
SC207004 · est 2000 · no financials extracted
————25y——
SF ELECTRICAL CONTRACTORS LTD.→
SC519219 · est 2015 · no financials extracted
————10y——
STRONELAIRG WIND ESTATE LIMITED→
SC432643 · est 2012 · no financials extracted
————13y——
THE JUNK MAN LTD→
SC844145 · est 2025 · no financials extracted
————1y——
TRASH BUSTERS LIMITED→
SC834666 · est 2025 · no financials extracted
————1y——
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
Incorporated2019-03-18
Jurisdictionscotland
Primary SIC35300 — SIC 35300

Registered office

Watshod Farm
Lennoxtown
Glasgow
G66 7NW
United Kingdom

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2027-03-30
Last: 2026-03-16

Officers (2 active · 0 resigned)

HAMILL, Fiona→
director · ~56y · appointed 2023-08-03
View their other companies + combined net worth →
Active
HAMILL, Michael John→
director · ~58y · appointed 2019-03-18
View their other companies + combined net worth →
Active

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

Recent filings (18 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
confirmation-statement-with-updates
confirmation-statement · CS01
2026-02-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-04
appoint-person-director-company-with-name-date
officers · AP01
2023-08-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-26
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-12-03
change-account-reference-date-company-previous-extended
accounts · AA01
2022-12-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-17