LITHGOWS LIMITED
🌳Matureactive
SC010170 · ltd · incorporated 1918-11-30
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.
Opportunity 74/100 (strong), bankability 72/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (50/100).
🏦
Refinance opportunity
11 live charges · 6 lenders · oldest 43.1y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 43.1 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 45/100 (high).
Data confidence
Overall: medium (61/100)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
No iXBRL financials extracted
0
Lenders & charges
11 charges (11/11 with lender, 11/11 with type)
90
Directors & officers
19 officers (4 active, 19 linked, 16 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
19 connected companies via shared directors
90
Filing history
203 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (67 events)Click to expand
- 2025-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-08📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-30📄capital-name-of-class-of-sharescapital · SH08
- 2021-07-28📄memorandum-articlesincorporation · MA
- 2021-07-28📄resolutionresolution · RESOLUTIONS
- 2020-08-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-28📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2020-04-02📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-03-31➖CUTLER, Barbara Nerys Cromwell resigneddirector
- 2019-12-10📄change-person-director-company-with-change-dateofficers · CH01
- 2019-09-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-09-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-17📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2018-07-17📄appoint-person-director-company-with-name-dateofficers · AP01
- 2018-07-16➕MCELHINNEY, Jacqueline appointedsecretary
- 2018-07-16➕MCELHINNEY, Jacqueline appointeddirector
- 2018-03-27➕CUTLER, Barbara Nerys Cromwell appointeddirector
- 2018-03-27➖REID, Alasdair Richmond resigneddirector
- 2017-07-31➖WISHART, Alastair William Chisholm resignedsecretary
- 2017-07-31➖WISHART, Alastair William Chisholm resigneddirector
- 2014-04-29➖RICKMAN, Stephen Lithgow resigneddirector
- 2014-03-31➖REID, Alasdair Richmond resignedsecretary
- 2014-03-31➕WISHART, Alastair William Chisholm appointedsecretary
- 2013-12-03🔓Charge satisfied #11
- 2013-12-03🔓Charge satisfied #9
- 2013-12-03🔓Charge satisfied #8
- 2011-06-10➖CURRIE, Hugh Mckechnie resigneddirector
- 2008-12-08➖HOGG, Frederick Graeme resigneddirector
- 2008-12-08➖LANG OF MONKTON, Ian Bruce, The Rt Hon The Lord Lang Of Monkton resigneddirector
- 2008-06-13🔓Charge satisfied #5
- 2007-06-14🔓Charge satisfied #6
- 2007-06-14🔓Charge satisfied #2
- 2007-06-14🔓Charge satisfied #1
- 2007-05-24🔓Charge satisfied #10
- 2007-05-24🔓Charge satisfied #7
- 2006-12-11➕RICKMAN, Stephen Lithgow appointeddirector
- 2006-10-14🔓Charge satisfied #4
- 2006-09-07🔒Charge registered #11Lender: The Royal Bank of Scotland PLC
- 2006-08-07➖LITHGOW, William James, Sir resigneddirector
- 2006-05-08➕LITHGOW, John Alexander appointeddirector
- 2006-05-08➖LITHGOW, Mary Claire, Lady resigneddirector
- 2005-04-19🔒Charge registered #10Lender: Drums Farms
- 2005-04-19🔒Charge registered #9Lender: James Frank Lithgow
- 2005-04-19🔒Charge registered #8Lender: John Alexander Lithgow
- 2005-04-19🔒Charge registered #7Lender: Inver Farmers
- 2003-03-25🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
Showing most recent 50 of 67 events
Owner dependency
83/100
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
- +Founder name in company name: Company name contains director surname "LITHGOW" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 107 years old and no new directors in the last 3 years — succession not yet being planned internally.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
1 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Alexander Lithgow Individual · British · DOB 12/1974 · age 52 | 25–50% | — | 25-50% shares | 21/03/2019 |
Sir James Frank Lithgow Individual · British · DOB 06/1970 · age 56 | 25–50% | — | 25-50% shares | 07/05/2017 |
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.
See pricing →Similar companies
Active · Holding company · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANGLO SCOTTISH CONCRETE HOLDINGS LIMITED→ SC292394 · est 2005 | £91.8k £78.1k–£105.6k | — | £91.8k | — | 20y | 82 | 64y |
| ARRANGLEN LIMITED→ SC182141 · est 1998 | — | £1.62M | — | 300 | 28y | 82 | 59y |
| DUNARD HOLDINGS LIMITED→ SC714547 · est 2021 | — | £75.0k | — | 100 | 4y | 84 | 48y |
| CORVEN PROPERTIES LIMITED→ SC157066 · est 1995 | — | — | — | 0 | 31y | 83 | 63y |
| CVIEW DEVELOPMENTS LIMITED→ SC297070 · est 2006 | — | — | — | 1 | 20y | 82 | 75y |
| LONDON MIDLAND & SCOTTISH CONTRACTORS LIMITED→ SC036071 · est 1961 · no financials extracted | — | — | — | — | 65y | 82 | 64y |
| SKYE WOOL MILL LIMITED→ SC047369 · est 1970 · no financials extracted | — | — | — | — | 56y | 82 | 64y |
| OBAN HOLDINGS LIMITED→ SC279572 · est 2005 · no financials extracted | — | — | — | — | 21y | — | — |
| SM TRUSTEE LIMITED→ SC828820 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SPORTSGROUNDS LIMITED→ SC144588 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| STAR IN TAIN LIMITED→ SC302964 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| TGC LEISURE (GLASGOW) LIMITED→ SC464607 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
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
Incorporated1918-11-30
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.
Registered office
Netherton
Langbank
Renfrewshire
PA14 6YG
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-05-22
Last: 2025-05-08
Officers (4 active · 15 resigned)
MCELHINNEY, Jacqueline→
Activesecretary · appointed 2018-07-16
View their other companies + combined net worth →
LITHGOW, James Frank, Sir→
Activedirector · ~56y · appointed 1996-04-30
View their other companies + combined net worth →
LITHGOW, John Alexander→
Activedirector · ~52y · appointed 2006-05-08
View their other companies + combined net worth →
MCELHINNEY, Jacqueline→
Activedirector · ~53y · appointed 2018-07-16
View their other companies + combined net worth →
REID, Alasdair Richmond→
Resignedsecretary · resigned 2014-03-31
WISHART, Alastair William Chisholm→
Resignedsecretary · appointed 2014-03-31 · resigned 2017-07-31
ALBERGE, Maurice Ernest→
Resigneddirector · ~94y · resigned 1998-06-22
CURRIE, Hugh Mckechnie→
Resigneddirector · ~77y · appointed 1991-10-23 · resigned 2011-06-10
CUTLER, Barbara Nerys Cromwell→
Resigneddirector · ~71y · appointed 2018-03-27 · resigned 2020-03-31
HOGG, Frederick Graeme→
Resigneddirector · ~74y · appointed 1998-02-09 · resigned 2008-12-08
LANG OF MONKTON, Ian Bruce, The Rt Hon The Lord Lang Of Monkton→
Resigneddirector · ~86y · appointed 1997-12-02 · resigned 2008-12-08
LEMOND, Brian Hugh→
Resigneddirector · ~73y · resigned 1993-10-31
LITHGOW, Mary Claire, Lady→
Resigneddirector · ~86y · resigned 2006-05-08
LITHGOW, William James, Sir→
Resigneddirector · ~92y · resigned 2006-08-07
MACQUAKER, Donald Francis→
Resigneddirector · ~94y · resigned 1998-06-22
PARKER, Cameron Holdsworth→
Resigneddirector · ~94y · resigned 1997-08-05
REID, Alasdair Richmond→
Resigneddirector · ~74y · appointed 1993-08-03 · resigned 2018-03-27
RICKMAN, Stephen Lithgow→
Resigneddirector · ~74y · appointed 2006-12-11 · resigned 2014-04-29
WISHART, Alastair William Chisholm→
Resigneddirector · ~69y · appointed 1993-11-01 · resigned 2017-07-31
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
0
Outstanding
0
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 07/09/2006 | 03/12/2013 | |
| satisfied | Drums Farms | Bond & floating charge | 1 property | 19/04/2005 | 24/05/2007 | |
| satisfied | James Frank Lithgow | Bond & floating charge | 1 property | 19/04/2005 | 03/12/2013 | |
| satisfied | John Alexander Lithgow | Bond & floating charge | 1 property | 19/04/2005 | 03/12/2013 | |
| satisfied | Inver Farmers | Bond & floating charge | 1 property | 19/04/2005 | 24/05/2007 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 25/03/2003 | 13/06/2008 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 12/03/2003 | 14/06/2007 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 21/06/2002 | 14/10/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 01/11/1983 | 04/06/1986 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 19/08/1983 | 14/06/2007 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Letter of offset | 1 property | 30/03/1983 | 14/06/2007 |
Recent filings (203 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-08
capital-name-of-class-of-shares
capital · SH08
2021-07-30
memorandum-articles
incorporation · MA
2021-07-28
resolution
resolution · RESOLUTIONS
2021-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-28
change-account-reference-date-company-previous-extended
accounts · AA01
2020-05-28