EUROSCOT ENGINEERING LIMITED
Opportunity 71/100 (strong), bankability 67/100. Strong seller-intent signal (88/100, director aged 69). Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
6 live charges · 4 lenders · oldest 55.1y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 55.1 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover 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 | £2.19M | £2.06M |
| Current assets | £1.47M | £1.62M |
| Cash | £83.9k | £103.8k |
| Debtors | £1.10M | £1.20M |
| Net assets | £1.01M | £1.02M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 address
- • 1 address
Corporate timeline (38 events)Click to expand
- 2026-03-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-09-18📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-09-18🔓Charge satisfied #7
- 2024-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-05📄mortgage-satisfy-charge-fullmortgage · MR04
- 2024-07-05🔓Charge satisfied #6
- 2023-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-11-12📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2021-10-28📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28📄mortgage-satisfy-charge-fullmortgage · MR04
- 2021-10-28🔓Charge satisfied #5
- 2021-10-28🔓Charge satisfied #4
- 2021-10-28🔓Charge satisfied #3
- 2021-10-28🔓Charge satisfied #1
- 2021-10-13🔒Charge registered #7Lender: Bank of Scotland PLC
- 2021-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-22📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2019-05-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2019-05-18📄mortgage-alter-floating-charge-with-numbermortgage · 466(Scot)
- 2019-03-07🔒Charge registered #6Lender: Business Loans Scotland
- 2014-02-05🔒Charge registered #5Lender: Clydesdale Bank PLC
- 2008-06-02➕RORISON, Janie Livingstone appointedsecretary
- 2008-06-02➕RORISON, Janie Livingstone appointeddirector
- 2008-06-02➕RORISON, John Fleming appointeddirector
- 2008-06-02➖WILSON, Margaret resignedsecretary
- 2008-06-02➖WILSON, John resigneddirector
- 2008-06-02➖WILSON, Margaret resigneddirector
- 2008-06-02🔒Charge registered #4Lender: Clydesdale Bank PLC
- 1986-07-30🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1971-04-20🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1969-07-09🏢Company incorporatedAs EUROSCOT ENGINEERING LIMITED
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 69 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 57 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 high · 1 med ·Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.
Evidence: Next due: 2026-01-14
Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Group structure
Rdp (Ayr) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
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 |
|---|---|---|---|---|
Rdp (Ayr) Limited Corporate entity | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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8 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 →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
Registered office
Filing status
Officers (3 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | A registered charge | — | 13/10/2021 | 18/09/2024 | |
| satisfied | Business Loans Scotland | A registered charge | — | 07/03/2019 | 05/07/2024 | |
| satisfied | Virgin Money Clydesdale Bank PLC | A registered charge | 1 property | 05/02/2014 | 28/10/2021 | |
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 02/06/2008 | 28/10/2021 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 30/07/1986 | 28/10/2021 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Bond of cash credit & floating charge | 1 property | 20/04/1971 | 28/10/2021 |