LEES OF SCOTLAND LIMITED
🌳Matureactive
SC028236 · ltd · incorporated 1951-03-29
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
77/100
Strong
What this business does
Primary activity: SIC 10720
Sector: Manufacturing
ALSO REGISTERED FOR
- 10821SIC 10821
Investor take
PursueActive trading company with a 64-year-old founder — textbook succession opportunity.
Opportunity 77/100 (strong), bankability 77/100. Strong seller-intent signal (60/100, director aged 64). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 10 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
13 live charges · 10 lenders · oldest 52.6y
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 52.6 years old — likely at or near maturity.
- · 10 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, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
13 charges (13/13 with lender, 13/13 with type)
90
Directors & officers
49 officers (4 active, 49 linked, 42 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
18 connected companies via shared directors
90
Filing history
277 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
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
1
filing
- • 1 accounts
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (137 events)Click to expand
- 2026-03-30📄accounts-with-accounts-type-fullaccounts · AA
- 2025-04-08📄accounts-with-accounts-type-fullaccounts · AA
- 2024-08-29📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-08-29🔓Charge satisfied #13
- 2023-12-07📄change-account-reference-date-company-current-extendedaccounts · AA01
- 2023-07-06📄accounts-with-accounts-type-fullaccounts · AA
- 2023-06-16📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2023-03-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-03-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-14📄memorandum-articlesincorporation · MA
- 2023-02-14📄resolutionresolution · RESOLUTIONS
- 2023-02-03📄memorandum-articlesincorporation · MA
- 2023-02-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-02-01📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2023-02-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-02-01📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-01-27➕ONE ADVISORY LIMITED appointedcorporate-secretary
- 2023-01-27➕BOYD, Stephen Alexander appointeddirector
- 2023-01-27➕DUFFY, John Gerald appointeddirector
- 2023-01-27➕HILL, Steven Paul appointeddirector
- 2023-01-27➖SIMSON, David John resignedsecretary
- 2023-01-27➖CROLL, Albert Richard resigneddirector
- 2023-01-27➖MILLAR, Nadia resigneddirector
- 2023-01-27➖MIQUEL, Clive John resigneddirector
- 2023-01-27➖RUCK, Martin Edwin resigneddirector
- 2023-01-27➖SIMPSON, David John resigneddirector
- 2023-01-27➖SIMSON, David John resigneddirector
- 2023-01-27➖SIMSON, Shirley Nawarauckas resigneddirector
- 2022-09-15📄accounts-with-accounts-type-fullaccounts · AA
- 2022-05-10➕RUCK, Martin Edwin appointeddirector
- 2022-05-10🔒Charge registered #13Lender: Bank of Scotland PLC
- 2021-08-06➖PURVES, Steven James resigneddirector
- 2020-01-31➕SIMSON, Shirley Nawarauckas appointeddirector
- 2019-07-05➖MCLEAN, William Stuart resigneddirector
- 2018-11-15🔓Charge satisfied #11
- 2018-07-16🔓Charge satisfied #8
- 2018-03-15➖PERCH-NIELSEN, Klaus resigneddirector
- 2017-12-29➖SHAW, Charles Mclaughlin resigneddirector
- 2017-01-01➕MCLEAN, William Stuart appointeddirector
- 2016-03-10🔓Charge satisfied #10
- 2016-01-11🔓Charge satisfied #12
- 2013-09-07🔓Charge satisfied #9
- 2012-11-01➕SHAW, Charles Mclaughlin appointeddirector
- 2012-04-04🔒Charge registered #12Lender: Lloyds Tsb Commercial Finance Limited
Showing most recent 50 of 137 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
60/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- secondaryStable-but-static management: Company is 75 years old and no new directors in the last 3 years — succession not yet being planned internally.
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.
Group structure
Lees (Scotland) 2012 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Lees (Scotland) 2012 Limited
Corporate parent · holds 75-100% shares · board control
⬇
LEES OF SCOTLAND LIMITED
This company · SC028236
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Lees (Scotland) 2012 Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2016 |
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 · Food & drink · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| DAVIDSON BROTHERS (SHOTTS) LIMITED→ SC025270 · est 1947 | £13.67M £10.07M–£17.27M | — | — | 69 | 79y | 84 | 79y |
| BLAIRMHOR DISTILLERS LIMITED→ SC140080 · est 1992 | — | — | £0 | — | 33y | 83 | 77y |
| BLAIRMHOR LIMITED→ SC099017 · est 1986 | — | — | £9.05M | — | 39y | 83 | 77y |
| LAZY DAY FOODS LIMITED→ SC298222 · est 2006 | — | — | £2.52M | — | 20y | 83 | 71y |
| CENTRAL BAKERY SUPPLIES LTD.→ SC370821 · est 2010 | — | — | — | 900 | 16y | 82 | 65y |
| GARDINERS OF SCOTLAND LIMITED→ SC207381 · est 2000 | — | — | £2.80M | — | 25y | 82 | 85y |
| BRAND NEW CAKE LIMITED→ SC379264 · est 2010 | — | — | — | — | 15y | 80 | 61y |
| CALIFORNIA CAKE COMPANY LIMITED→ SC204757 · est 2000 · no financials extracted | — | — | — | — | 26y | 80 | 64y |
| CAMPBELLS FUDGE LIMITED→ SC394263 · est 2011 | — | — | — | 200 | 15y | 80 | 62y |
| DENHOLM BAKERS LTD→ SC358592 · est 2009 | — | — | £149.5k | — | 17y | 80 | 74y |
| INVER HOUSE DISTILLERS LIMITED→ SC040036 · est 1964 · no financials extracted | — | — | — | — | 62y | 80 | 72y |
| JINXY LIMITED→ SC254032 · est 2003 | — | — | £56.3k | — | 22y | 80 | 72y |
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
Incorporated1951-03-29
Jurisdictionscotland
Primary SIC10720 — SIC 10720
Registered office
North Caldeen Road
Coatbridge
Lanarkshire
ML5 4EF
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-28
Confirmation statement
Next due: 2026-09-09
Last: 2025-08-26
Officers (4 active · 45 resigned)
ONE ADVISORY LIMITED→
Activecorporate-secretary · appointed 2023-01-27
View their other companies + combined net worth →
BOYD, Stephen Alexander→
Activedirector · ~64y · appointed 2023-01-27
View their other companies + combined net worth →
DUFFY, John Gerald→
Activedirector · ~61y · appointed 2023-01-27
View their other companies + combined net worth →
HILL, Steven Paul→
Activedirector · ~43y · appointed 2023-01-27
View their other companies + combined net worth →
COYLE, Ian William→
Resignedsecretary · resigned 1991-08-16
DAVISON, Andrew John→
Resignedsecretary · appointed 1991-09-24 · resigned 1993-02-04
MANSON, Gavin Maxwell→
Resignedsecretary · appointed 1993-11-17 · resigned 1999-05-24
MCGAAN, David James→
Resignedsecretary · appointed 1991-08-16 · resigned 1991-09-24
SIMSON, David John→
Resignedsecretary · appointed 1999-05-17 · resigned 2023-01-27
MACROBERTS→
Resignedcorporate-secretary · appointed 1993-02-04 · resigned 1993-11-17
ADAMS, Richard Hugh Macgregor→
Resigneddirector · ~81y · appointed 1991-09-24 · resigned 1992-06-09
BARRY, Hugh Neville Anthony→
Resigneddirector · ~75y · resigned 1991-08-16
BRAITHWAITE, David→
Resigneddirector · ~62y · appointed 1997-09-04 · resigned 2000-11-30
COYLE, Ian William→
Resigneddirector · ~80y · resigned 1991-08-16
CRAIG, John→
Resigneddirector · ~69y · appointed 1989-12-15 · resigned 1991-10-28
CROLL, Albert Richard→
Resigneddirector · ~67y · appointed 1998-02-09 · resigned 2023-01-27
DARRELL, John→
Resigneddirector · ~79y · appointed 1992-01-21 · resigned 1993-02-02
GIBSON, John→
Resigneddirector · ~77y · appointed 1991-09-24 · resigned 1993-02-04
GUNDRY, James Henry→
Resigneddirector · ~58y · appointed 1993-02-04 · resigned 1993-09-21
HUNTER, Brian→
Resigneddirector · ~80y · appointed 1989-05-22 · resigned 1992-01-14
Click a director name to see their full track record across all companies.
Mortgages & charges
13
Total charges
0
Outstanding
0
Active lenders
Status:Lender:13 of 13 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 10/05/2022 | 29/08/2024 | |
| satisfied | Lloyds Banking Group Lloyds Tsb Commercial Finance Limited | Bond & floating charge | 1 property | 04/04/2012 | 11/01/2016 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 29/06/1999 | 15/11/2018 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 04/06/1999 | 10/03/2016 | |
| satisfied | Clowes Developments (Scotland) and Another Clowes Developments (Scotland) Limited and Another | Bond & floating charge | 1 property | 11/05/1998 | 07/09/2013 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 1 property | 11/05/1998 | 16/07/2018 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 02/03/1993 | 30/06/2005 | |
| satisfied | Sunwheel Trade Marks Sunwheel Trade Marks Limited | Bond & floating charge | 1 property | 04/02/1993 | 20/10/1995 | |
| satisfied | Northumbrian Fine Foods Northumbrian Fine Foods PLC | Bond & floating charge | 1 property | 04/02/1993 | 20/10/1995 | |
| satisfied | National Westminster Bank National Westminster Bank PLC | Floating charge | 1 property | 27/04/1992 | 20/10/1995 | |
| satisfied | Investors in Industry Investors in Industry PLC | Assignment | 1 property | 08/05/1984 | 08/04/1992 | |
| satisfied | Investors in Industry Investors in Industry PLC | Standard security | 2 properties | 07/05/1984 | 08/04/1992 | |
| satisfied | The Secretary of State for Trade and Industry | Standard security | 2 properties | 05/10/1973 | 08/04/1992 |
Recent filings (277 total)
accounts-with-accounts-type-full
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-05
accounts-with-accounts-type-full
accounts · AA
2025-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-11
mortgage-satisfy-charge-full
mortgage · MR04
2024-08-29
change-account-reference-date-company-current-extended
accounts · AA01
2023-12-07
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-13
accounts-with-accounts-type-full
accounts · AA
2023-07-06
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-06-16
termination-director-company-with-name-termination-date
officers · TM01
2023-03-08
termination-director-company-with-name-termination-date
officers · TM01
2023-03-08
termination-director-company-with-name-termination-date
officers · TM01
2023-03-08
memorandum-articles
incorporation · MA
2023-02-14
resolution
resolution · RESOLUTIONS
2023-02-14
memorandum-articles
incorporation · MA
2023-02-03