EUROSCOT ENGINEERING LIMITED

🌳Matureactive
SC046752 · ltd · incorporated 1969-07-09
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 Aug 2024
Net worth
£1.01M
book net assets
Opportunity
71/100
Strong
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What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Special-situation opportunity
Distressed manufacturing with salvageable qualities — special-situations priority.

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

15/100
under pressure

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.

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
111 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
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review 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 £1,013,935
Net assets shrinking
Down £2,105 YoY
Cash YoY
-19%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£84k
↓ 19% YoY
Net Worth
£1.0m
~ YoY
Current Assets
£1.5m
↓ 9.2% YoY
Current Liabilities
£0£324k£647k£971k£1.3m£1.6mAug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-08-312023-08-31
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.

🔒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
0
filings
Last 90 days
1
filing
  • 1 address
Last 180 days
1
filing
  • 1 address
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2026-03-11
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-09-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2024-09-18
    🔓
    Charge satisfied #7
  5. 2024-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2024-07-05
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-07-05
    🔓
    Charge satisfied #6
  8. 2023-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-08-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-11-12
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  11. 2021-10-28
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  12. 2021-10-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2021-10-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2021-10-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  15. 2021-10-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2021-10-28
    🔓
    Charge satisfied #5
  17. 2021-10-28
    🔓
    Charge satisfied #4
  18. 2021-10-28
    🔓
    Charge satisfied #3
  19. 2021-10-28
    🔓
    Charge satisfied #1
  20. 2021-10-13
    🔒
    Charge registered #7
    Lender: Bank of Scotland PLC
  21. 2021-05-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-05-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  24. 2019-05-22
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  25. 2019-05-18
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  26. 2019-05-18
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  27. 2019-03-07
    🔒
    Charge registered #6
    Lender: Business Loans Scotland
  28. 2014-02-05
    🔒
    Charge registered #5
    Lender: Clydesdale Bank PLC
  29. 2008-06-02
    RORISON, Janie Livingstone appointed
    secretary
  30. 2008-06-02
    RORISON, Janie Livingstone appointed
    director
  31. 2008-06-02
    RORISON, John Fleming appointed
    director
  32. 2008-06-02
    WILSON, Margaret resigned
    secretary
  33. 2008-06-02
    WILSON, John resigned
    director
  34. 2008-06-02
    WILSON, Margaret resigned
    director
  35. 2008-06-02
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC
  36. 1986-07-30
    🔒
    Charge registered #3
    Lender: Clydesdale Bank Public Limited Company
  37. 1971-04-20
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  38. 1969-07-09
    🏢
    Company incorporated
    As EUROSCOT ENGINEERING LIMITED

Owner dependency

91/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +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

74/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • 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 ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-14

Charge satisfaction-then-recreation pattern
medium

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.

🏛️
Rdp (Ayr) Limited
Corporate parent · holds 75-100% shares
ultimate parent
EUROSCOT ENGINEERING LIMITED
This company · SC046752

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%
NameSharesVoting rightsNature of controlNotified
Rdp (Ayr) Limited
Corporate entity
75100%
75-100% shares06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

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 →
🔒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
Incorporated1969-07-09
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

2-6 Earl Haig Road
Hillington Park
Glasgow
G52 4JU
Scotland

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-01-14OVERDUE
Last: 2024-12-31

Officers (3 active · 3 resigned)

RORISON, Janie Livingstone
secretary · appointed 2008-06-02
View their other companies + combined net worth →
Active
RORISON, Janie Livingstone
director · ~66y · appointed 2008-06-02
View their other companies + combined net worth →
Active
RORISON, John Fleming
director · ~69y · appointed 2008-06-02
View their other companies + combined net worth →
Active
WILSON, Margaret
secretary · resigned 2008-06-02
Resigned
WILSON, John
director · ~81y · resigned 2008-06-02
Resigned
WILSON, Margaret
director · ~77y · resigned 2008-06-02
Resigned

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

Mortgages & charges

6
Total charges
0
Outstanding
0
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge13/10/202118/09/2024
satisfied
Business Loans Scotland
A registered charge07/03/201905/07/2024
satisfied
Virgin Money
Clydesdale Bank PLC
A registered charge1 property05/02/201428/10/2021
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property02/06/200828/10/2021
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property30/07/198628/10/2021
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Bond of cash credit & floating charge1 property20/04/197128/10/2021

Recent filings (111 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-04
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-30
mortgage-satisfy-charge-full
mortgage · MR04
2024-07-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-01
mortgage-alter-floating-charge-with-number
mortgage · 466(Scot)
2021-11-12
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-10-28
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-28
mortgage-satisfy-charge-full
mortgage · MR04
2021-10-28