SIB SERVICES MACHINERY LTD

🏛️Establishedactive
SC653835 · ltd · incorporated 2020-02-07
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 Mar 2025
Net worth
£4.6k
book net assets
Opportunity
71/100
Strong
🔔
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What this business does
Primary activity: Agents involved in the sale of a variety of goods
Sector: Wholesale & retail
Investor take
Pursue
Strong 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. Most likely exit: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (78/100)

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
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 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
55
Some acquirability indicators.
Risk profile
82
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 £4,601
Net assets shrinking
Down £27,552 YoY
Cash YoY
+239%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£114k
↑ 239% YoY
Net Worth
£5k
↓ 86% YoY
Current Assets
£210k
Current Liabilities
—
£0£42k£84k£126k£168k£210kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£46.9k—
Current assets£210.1k—
Cash£113.9k£33.6k
Debtors£29.1k—
Net assets£4.6k£32.2k

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
0
filings
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 (18 events)Click to expand
  1. 2025-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-10
    📍
    change-sail-address-company-with-old-address-new-address
    address · AD02
  3. 2025-02-06
    📍
    move-registers-to-registered-office-company-with-new-address
    address · AD04
  4. 2024-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-02-16
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2024-02-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2023-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-05-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-02-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-02-09
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2021-11-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2020-03-12
    📍
    move-registers-to-sail-company-with-new-address
    address · AD03
  13. 2020-03-12
    📍
    change-sail-address-company-with-new-address
    address · AD02
  14. 2020-02-07
    🏢
    Company incorporated
    As SIB SERVICES MACHINERY LTD
  15. 2020-02-07
    ➕
    BIRNIE, Iain Sean appointed
    director
  16. 2020-02-07
    ➕
    BIRNIE, Stephen Harry appointed
    director
  17. 2020-02-07
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  18. 2020-02-07
    📄
    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 6 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Stephen Harry Birnie
Individual · British · DOB 08/1993 · age 33
25–50%
25–50%25-50% shares · 25-50% voting07/02/2020
Mr Iain Sean Birnie
Individual · British · DOB 05/1995 · age 31
25–50%
25–50%25-50% shares · 25-50% voting07/02/2020

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Active · Wholesale & distribution · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
JOHN DAVIDSON (PIPES) LIMITED→
SC050397 · est 1972
£15.21M
£11.41M–£19.01M
£79.83M—2500054y8361y
QUALITY FOOD PRODUCTS (ABERDEEN) LIMITED→
SC046323 · est 1969
£7.30M
£5.48M–£9.13M
——6757y8359y
S&JD ROBERTSON NORTH AIR LIMITED→
SC051614 · est 1972
£5.85M
£4.39M–£7.31M
——3510053y8359y
KEITH BUILDERS MERCHANTS LIMITED→
SC217157 · est 2001
£155.6k
£116.7k–£194.6k
——3925y8458y
APEX TUBULARS LIMITED→
SC331461 · est 2007
———60018y8363y
GPH BUILDERS MERCHANTS LIMITED→
SC378341 · est 2010 · no financials extracted
————15y8371y
SEAFOOD TRADERS INTERNATIONAL LIMITED→
SC223363 · est 2001
———900024y8378y
ABERDEEN OFFICE SUPPLIES LIMITED→
SC238550 · est 2002
——£59.2k—23y8267y
CABER COFFEE LIMITED→
SC329912 · est 2007
——£593.6k—18y8283y
CRAIGIEVAR TIMBER LIMITED→
SC357720 · est 2009
——£227.4k—17y8274y
D. RUDDIMAN LIMITED→
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——£15.2k—69y8296y
VACATIONS, LOGISTICS, CRAFTS AND MORE LTD→
SC867771 · est 2025 · no financials extracted
———————
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
Incorporated2020-02-07
Jurisdictionscotland
Primary SIC46190 — Agents involved in the sale of a variety of goods

Registered office

Whynieton
Maud
Peterhead
Aberdeenshire
AB42 5SA
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-20
Last: 2026-02-06

Officers (2 active · 0 resigned)

BIRNIE, Iain Sean→
director · ~31y · appointed 2020-02-07
View their other companies + combined net worth →
Active
BIRNIE, Stephen Harry→
director · ~33y · appointed 2020-02-07
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-23
change-sail-address-company-with-old-address-new-address
address · AD02
2025-02-10
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-07
move-registers-to-registered-office-company-with-new-address
address · AD04
2025-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-16
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-16
change-person-director-company-with-change-date
officers · CH01
2024-02-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-03
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-09
change-person-director-company-with-change-date
officers · CH01
2023-02-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-02-09
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-17