REID PRINTERS LIMITED
⚰️Wound downdissolved
SC051794 · ltd · incorporated 1972-11-13
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days
No material changes in the last 30 days.
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
62/100
Worth a look
What this business does
Primary activity: SIC 18129
Sector: Manufacturing
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 62/100 (worth a look), bankability 52/100. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (45/100).
🏦
Refinance opportunity
11 live charges · 3 lenders · oldest 47.9y
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 47.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Legal-friction score 50/100 (high).
Data confidence
Overall: low (53/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
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
10 officers (5 active, 10 linked, 7 with DOB)
84
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
17 connected companies via shared directors
90
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review 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 (58 events)Click to expand
- 2015-01-23📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2015-01-23🏁Company dissolved
- 2014-10-03📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-09-18📄dissolution-application-strike-off-companydissolution · DS01
- 2014-09-12📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-08-05📄dissolution-withdrawal-application-strike-off-companydissolution · DS02
- 2014-05-02📄gazette-notice-voluntarygazette · GAZ1(A)
- 2014-04-16📄dissolution-application-strike-off-companydissolution · DS01
- 2014-02-03📄accounts-with-accounts-type-accounts · AA
- 2013-08-20📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-04-29📍change-registered-office-address-company-with-date-old-addressaddress · AD01
- 2013-02-01📄accounts-with-accounts-type-accounts · AA
- 2013-01-22📄legacymortgage · MG03s
- 2013-01-22📄legacymortgage · MG03s
- 2013-01-22📄legacymortgage · MG03s
- 2013-01-22🔓Charge satisfied #14
- 2013-01-22🔓Charge satisfied #13
- 2013-01-22🔓Charge satisfied #1
- 2012-07-23📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-02-02📄accounts-with-accounts-type-accounts · AA
- 2011-08-16📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-02-14📄legacymortgage · MG01s
- 2011-02-01📄accounts-with-accounts-type-accounts · AA
- 2011-02-01🔒Charge registered #14Lender: Clydesdale Bank PLC
- 2010-09-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-06-09📄termination-director-company-with-nameofficers · TM01
- 2010-06-04➖BROWN, Philip resigneddirector
- 2010-02-02📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2009-10-21➕CUMMING, Stephen appointedsecretary
- 2009-10-21➖SF SECRETARIES LIMITED resignedcorporate-nominee-secretary
- 2009-10-21📄appoint-person-secretary-company-with-nameofficers · AP03
- 2009-10-21📄termination-secretary-company-with-nameofficers · TM02
- 2009-07-13📄legacyannual-return · 363a
- 2009-05-25➕CUMMING, Stephen Robert appointeddirector
- 2008-10-24➖FULLERTON, James resigneddirector
- 2007-04-26➕FULLERTON, James appointeddirector
- 2007-03-30🔒Charge registered #13Lender: Clydesdale Bank Public Limited Company
- 2007-03-13➕BROWN, Thomas appointeddirector
- 2007-03-13➕LINDSAY, Colin appointeddirector
- 2007-03-13➕BROWN, Philip appointeddirector
- 2007-03-09➖REID, John Robertson resigneddirector
- 2003-02-04🔒Charge registered #12Lender: Clydesdale Bank Public Limited Company
- 2002-05-01➕JOHNSTONE, Ian James appointeddirector
- 2002-05-01➖NESS, Owen James resignedsecretary
- 2002-05-01➕SF SECRETARIES LIMITED appointedcorporate-nominee-secretary
- 1998-10-06🔓Charge satisfied #10
- 1996-01-16🔒Charge registered #10Lender: Clydesdale Bank Public Limited Company
- 1989-03-15🔓Charge satisfied #2
- 1989-03-10🔒Charge registered #11Lender: Hamilton District Council
- 1989-02-17🔓Charge satisfied #6
Showing most recent 50 of 58 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
80/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 64. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 54 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 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2015-01-23
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · Manufacturing · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CALEDONIAN PLYWOOD COMPANY LTD.→ SC195444 · est 1999 | £6.46M £5.02M–£7.89M | — | — | 8100 | 27y | 85 | 72y |
| PITREAVIE PACKAGING LIMITED→ SC290452 · est 2005 | £4.66M £3.63M–£5.70M | £24.98M | — | 15700 | 20y | 84 | 70y |
| PCT GROUP SALES LIMITED→ SC075642 · est 1981 | £3.56M £2.77M–£4.35M | — | — | 77 | 44y | 85 | 83y |
| PROMAT BD LIMITED→ SC208370 · est 2000 | £3.41M £2.65M–£4.17M | — | — | 8500 | 25y | 87 | 70y |
| KELVINSIDE ELECTRONICS LIMITED→ SC105407 · est 1987 | £3.30M £2.57M–£4.03M | — | — | 57 | 38y | 84 | 65y |
| INDEPENDENT GLASS COMPANY LIMITED→ SC107294 · est 1987 | £2.83M £2.20M–£3.46M | — | — | 21800 | 38y | 85 | 79y |
| THOMAS TUNNOCK LIMITED→ SC028747 · est 1952 | £2.26M £1.76M–£2.76M | — | — | 653 | 74y | 85 | 93y |
| SAMTEC (EUROPE) LIMITED→ SC096674 · est 1986 | £1.51M £1.17M–£1.84M | — | — | 2700 | 40y | 85 | 65y |
| SOAPWORKS LIMITED→ SC388292 · est 2010 | £817.8k £636.1k–£999.6k | £11.53M | — | 10300 | 15y | 84 | 62y |
| WALKI LIMITED→ SC014320 · est 1926 | £439.3k £341.7k–£536.9k | — | — | 35 | 99y | 94 | 61y |
| LINIAN SUPPLY CO. LIMITED→ SC246119 · est 2003 | — | — | — | 1400 | 23y | 88 | 66y |
| ABBA BLINDS LIMITED→ SC089820 · est 1984 | — | — | £475.9k | — | 41y | 83 | 70y |
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
Statusdissolved
Typeltd
Incorporated1972-11-13
Jurisdictionscotland
Primary SIC18129 — SIC 18129
Registered office
79 Glasgow Road
Blantyre
Glasgow
G72 0LY
Filing status
Accounts
Next due: —
Last made up to: 2013-04-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 5 resigned)
Active
BROWN, Thomas→
Activedirector · ~61y · appointed 2007-03-13
View their other companies + combined net worth →
CUMMING, Stephen Robert→
Activedirector · ~55y · appointed 2009-05-25
View their other companies + combined net worth →
JOHNSTONE, Ian James→
Activedirector · ~64y · appointed 2002-05-01
View their other companies + combined net worth →
LINDSAY, Colin→
Activedirector · ~59y · appointed 2007-03-13
View their other companies + combined net worth →
NESS, Owen James→
Resignedsecretary · resigned 2002-05-01
SF SECRETARIES LIMITED→
Resignedcorporate-nominee-secretary · appointed 2002-05-01 · resigned 2009-10-21
BROWN, Philip→
Resigneddirector · ~64y · appointed 2007-03-13 · resigned 2010-06-04
FULLERTON, James→
Resigneddirector · ~71y · appointed 2007-04-26 · resigned 2008-10-24
REID, John Robertson→
Resigneddirector · ~78y · resigned 2007-03-09
Click a director name to see their full track record across all companies.
Mortgages & charges
11
Total charges
4
Outstanding
2
Active lenders
Status:Lender:11 of 11 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 01/02/2011 | 22/01/2013 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Bond & floating charge | 1 property | 30/03/2007 | 22/01/2013 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 04/02/2003 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 16/01/1996 | 06/10/1998 | |
| outstanding | Hamilton District Council | Standard security | 1 property | 10/03/1989 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 06/02/1989 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 17/12/1987 | 17/02/1989 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 13/10/1987 | 17/02/1989 | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 10/06/1983 | — | |
| satisfied | Hamilton District Council | Standard security | 1 property | 21/12/1981 | 15/03/1989 | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 28/07/1978 | 22/01/2013 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (130 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2015-01-23
gazette-notice-voluntary
gazette · GAZ1(A)
2014-10-03
dissolution-application-strike-off-company
dissolution · DS01
2014-09-18
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-12
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2014-08-05
gazette-notice-voluntary
gazette · GAZ1(A)
2014-05-02
dissolution-application-strike-off-company
dissolution · DS01
2014-04-16
accounts-with-accounts-type-
accounts · AA
2014-02-03
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-08-20
change-registered-office-address-company-with-date-old-address
address · AD01
2013-04-29
accounts-with-accounts-type-
accounts · AA
2013-02-01
legacy
mortgage · MG03s
2013-01-22
legacy
mortgage · MG03s
2013-01-22
legacy
mortgage · MG03s
2013-01-22
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-07-23