T. SHANKS ENGINEERING LTD
💤Zombieactive
SC638380 · ltd · incorporated 2019-08-09
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
£8.0k
book net assets
Opportunity
71/100
Strong
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 71/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (58/100).
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
4 officers (2 active, 4 linked, 3 with DOB)
85
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
71/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £7,992
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£8k
↑ 3516% YoY
Current Assets
£38k
↑ 33% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £28.2k | £20.4k |
| Current assets | £37.9k | £28.6k |
| Net assets | £8.0k | £221 |
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
3
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Last 90 days
3
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Last 180 days
3
filings
- • 1 confirmation-statement
- • 1 persons-with-significant-control
- • 1 officers
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
- 2026-04-21➖SHANKS, Thomas resigneddirector
- 2026-04-21📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-04-21📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-03📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-09-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-09-03📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-08-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-29📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-04-15📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-04-15📄withdrawal-of-a-person-with-significant-control-statementpersons-with-significant-control · PSC09
- 2023-08-09➕GARDNER, Elaine White appointedsecretary
- 2023-08-09➕SHANKS, Thomas appointeddirector
- 2023-08-09➖GARDNER, Elaine White resigneddirector
- 2023-08-09➕SHANKS, Thomas appointeddirector
- 2023-08-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2023-08-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-08-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-08-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-26✏️certificate-change-of-name-companychange-of-name · CERTNM
- 2023-05-26📄resolutionresolution · RESOLUTIONS
- 2022-05-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-08-09🏢Company incorporatedAs T. SHANKS ENGINEERING LTD
- 2019-08-09➕GARDNER, Elaine White appointeddirector
Owner dependency
90/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "SHANKS" — strong identity link between founder and business.
Succession & seller-readiness
45/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Thomas Shanks Individual · British · DOB 11/1973 · age 53 | 25–50% | — | 25-50% shares | 01/08/2024 |
Mr Craig Shanks Individual · British · DOB 04/1976 · age 50 | 25–50% | — | 25-50% shares | 01/08/2024 |
David Shanks Individual · British · DOB 05/1981 · age 45 | 25–50% | — | 25-50% shares | 11/04/2024 |
1 historic (ceased) PSC
- Mr Thomas Shanksceased 21/04/2026· significant influence
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 · Manufacturing · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ODOUR GUARD BAGS LTD→ SC848214 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RAPIDFORM 3D LIMITED→ SC880876 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| RS MOTORSPORT BY ROBERT STUART LTD→ SC673533 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| SALTIRE LIFT SERVICES LTD→ SC463630 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SANY HEAVY MACHINERY (UK) LTD→ SC656507 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| SCOBBIE CAMPERS LTD→ SC699961 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SUNCURE PATCH COMPANY LIMITED→ SC777798 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| T&S SECURITY SYSTEMS LTD→ SC446603 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| TEPP EXTRUSION LIMITED→ SC457954 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| THE RITUAL WORKS LTD→ SC606024 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| THE WEE CAVE LIMITED→ SC847077 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| THE WEE KIT COMPANY LIMITED→ SC800618 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2019-08-09
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures
Registered office
1 Corvine Way
Greengairs
Airdrie
ML6 7FL
Scotland
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2027-04-22
Last: 2026-04-08
Officers (2 active · 2 resigned)
GARDNER, Elaine White→
Activesecretary · appointed 2023-08-09
View their other companies + combined net worth →
SHANKS, Thomas→
Activedirector · ~53y · appointed 2023-08-09
View their other companies + combined net worth →
GARDNER, Elaine White→
Resigneddirector · ~55y · appointed 2019-08-09 · resigned 2023-08-09
SHANKS, Thomas→
Resigneddirector · ~80y · appointed 2023-08-09 · resigned 2026-04-21
Click a director name to see their full track record across all companies.
Recent filings (30 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-21
termination-director-company-with-name-termination-date
officers · TM01
2026-04-21
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-03
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-09-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-29
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-08-29
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-30
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-04-15
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2024-04-15