LANARKSHIRE WELDING COMPANY LIMITED

🌳Matureactive

SC023232 · ltd · incorporated 1945-04-09

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 37.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Feb 2025

Net worth

£1.45M

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Manufacture of metal structures and parts of structures

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 81-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 81). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 37.9y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 37.9 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

11 officers (5 active, 11 linked, 8 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

120 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £1,451,133

Cash YoY

+101%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.7m

↑ 101% YoY

Net Worth

£1.5m

↑ 2.8% YoY

Current Assets

£2.6m

↑ 6.8% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-02-28	2024-02-29
Total assets	£1.69M	£1.66M
Current assets	£2.62M	£2.45M
Cash	£1.73M	£860.4k
Debtors	£765.0k	£1.43M
Net assets	£1.45M	£1.41M

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

filings

• 1 confirmation-statement
• 1 officers

Last 90 days

filings

• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 confirmation-statement
• 1 officers
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2026-04-02
📄
change-person-director-company-with-change-date
officers · CH01
2025-11-30
📄
accounts-with-accounts-type-small
accounts · AA
2024-11-29
📄
accounts-with-accounts-type-small
accounts · AA
2024-10-29
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-28
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-01
➖
HETT, John William resigned
secretary
2024-05-01
➖
HETT, John William resigned
director
2024-05-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-05-01
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2023-11-28
📄
accounts-with-accounts-type-small
accounts · AA
2022-11-29
📄
accounts-with-accounts-type-small
accounts · AA
2021-12-21
📄
change-person-director-company-with-change-date
officers · CH01
2021-12-16
📄
change-person-director-company-with-change-date
officers · CH01
2021-11-16
📄
accounts-with-accounts-type-small
accounts · AA
2020-11-16
📄
accounts-with-accounts-type-small
accounts · AA
2019-11-15
📄
accounts-with-accounts-type-small
accounts · AA
2018-10-19
📄
accounts-with-accounts-type-small
accounts · AA
2018-08-31
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-08-31
🔓
Charge satisfied #1
2014-09-30
➖
BANKS, Daniel resigned
director
2014-09-30
➖
DAVIDSON, Thomas Melvin resigned
director
2013-08-22
➕
CLARK, Alan Richard appointed
director
2013-08-08
➕
PEARSON, David Edward appointed
director
2009-01-14
➕
MCDONALD, Alexandra Dymock appointed
director
2009-01-14
➕
MCDONALD, Margaret Ann appointed
director
2001-10-04
➕
BANKS, Daniel appointed
director
2001-10-04
➕
DAVIDSON, Thomas Melvin appointed
director
2001-10-04
➕
HETT, John William appointed
director
1990-06-08
➕
HETT, John William appointed
secretary
1990-06-08
➖
MCDONALD, Alexander William resigned
secretary
1990-06-08
➖
MCDONALD, John resigned
director
1988-06-15
🔒
Charge registered #1
Lender: Motherwell District Council
1945-04-09
🏢
Company incorporated
As LANARKSHIRE WELDING COMPANY LIMITED

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 81 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

83/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 81 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

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%

Name	Shares	Voting rights	Nature of control	Notified
Miss Alexandra Dymock Mcdonald Individual · British · DOB 12/1988 · age 38	75–100%	—	75-100% shares	25/10/2024

1 historic (ceased) PSC

Mr Alexander William Mcdonaldceased 25/10/2024· 75-100% shares

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

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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.

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Company details

Statusactive

Typeltd

Incorporated1945-04-09

Jurisdictionscotland

Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

John Street

Wishaw

ML2 7TQ

Filing status

Accounts

Next due: 2026-11-30

Last made up to: 2025-02-28

Confirmation statement

Next due: 2027-01-01

Last: 2025-12-18