R. LINDSAY AND COMPANY (CONTRACTORS) LIMITED

🌳Matureactive
SC063657 · ltd · incorporated 1977-12-09
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 27.2y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Construction of roads and motorways
Sector: Construction
Investor take
Pursue
Strong opportunity: active trading company with exceptional profile and bankable structure.

Opportunity 83/100 (exceptional), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 27.2y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 27.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (82/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
14 officers (3 active, 14 linked, 7 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
12 connected companies via shared directors
81
Filing history
116 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities
£0£0£0£0£0£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees283000

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
2
filings
  • 2 officers
Last 90 days
3
filings
  • 2 officers
  • 1 confirmation-statement
Last 180 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2026-05-08
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-05-08
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2026-05-05
    ALLAN, Brian Matthew appointed
    director
  4. 2026-05-05
    WATT, Andrew Donald resigned
    director
  5. 2025-12-19
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2024-12-20
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2024-06-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-06-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-06-10
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2023-12-21
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2022-12-30
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2021-12-17
    📄
    accounts-with-accounts-type-small
    accounts · AA
  13. 2021-03-24
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2019-11-18
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2018-11-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  16. 2017-11-08
    📄
    accounts-with-accounts-type-small
    accounts · AA
  17. 2016-11-14
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2014-07-31
    DI FOLCO, Alberto Anthony resigned
    secretary
  19. 2003-06-24
    COCOZZA, Adriano resigned
    director
  20. 2003-06-24
    DOUGALL, John Marshall resigned
    director
  21. 2003-06-24
    WATT, Andrew Donald appointed
    director
  22. 2002-11-01
    COCOZZA, Paul resigned
    secretary
  23. 2002-11-01
    DI FOLCO, Alberto Anthony appointed
    secretary
  24. 1999-03-09
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  25. 1998-06-04
    DOUGALL, Pamela appointed
    director
  26. 1995-08-24
    COCOZZA, Adriano resigned
    secretary
  27. 1995-08-24
    COCOZZA, Paul appointed
    secretary
  28. 1993-09-15
    PATRICK, William Mclean resigned
    director
  29. 1992-09-01
    DOUGALL, Thomas Barclay appointed
    director
  30. 1992-09-01
    PATRICK, William Mclean appointed
    director
  31. 1991-11-02
    DEMPSTER, Helen resigned
    secretary
  32. 1991-11-02
    LINDSAY, Robert resigned
    director
  33. 1991-07-29
    DEMPSTER, Helen resigned
    director
  34. 1991-07-29
    DOUGALL, John Marshall appointed
    director
  35. 1991-07-29
    LINDSAY, Catherine resigned
    director
  36. 1977-12-09
    🏢
    Company incorporated
    As R. LINDSAY AND COMPANY (CONTRACTORS) LIMITED

Owner dependency

76/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

60/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • 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%
NameSharesVoting rightsNature of controlNotified
Mr Thomas Barclay Dougall
Individual · British · DOB 05/1967 · age 59
75100%
75–100%75-100% shares · 75-100% voting01/07/2016

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

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
Incorporated1977-12-09
Jurisdictionscotland
Primary SIC42110 — Construction of roads and motorways

Registered office

Winchester Avenue
Denny
Stirlingshire
FK6 6QD

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-13
Last: 2026-02-27

Officers (3 active · 11 resigned)

ALLAN, Brian Matthew
director · ~49y · appointed 2026-05-05
View their other companies + combined net worth →
Active
DOUGALL, Pamela
director · ~58y · appointed 1998-06-04
View their other companies + combined net worth →
Active
DOUGALL, Thomas Barclay
director · ~59y · appointed 1992-09-01
View their other companies + combined net worth →
Active
COCOZZA, Adriano
secretary · resigned 1995-08-24
Resigned
COCOZZA, Paul
secretary · appointed 1995-08-24 · resigned 2002-11-01
Resigned
DEMPSTER, Helen
secretary · resigned 1991-11-02
Resigned
DI FOLCO, Alberto Anthony
secretary · appointed 2002-11-01 · resigned 2014-07-31
Resigned
COCOZZA, Adriano
director · ~81y · resigned 2003-06-24
Resigned
DEMPSTER, Helen
director · resigned 1991-07-29
Resigned
DOUGALL, John Marshall
director · ~83y · appointed 1991-07-29 · resigned 2003-06-24
Resigned
LINDSAY, Catherine
director · resigned 1991-07-29
Resigned
LINDSAY, Robert
director · resigned 1991-11-02
Resigned
PATRICK, William Mclean
director · ~82y · appointed 1992-09-01 · resigned 1993-09-15
Resigned
WATT, Andrew Donald
director · ~62y · appointed 2003-06-24 · resigned 2026-05-05
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property09/03/1999
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (116 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-05-08
appoint-person-director-company-with-name-date
officers · AP01
2026-05-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-03
accounts-with-accounts-type-small
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-13
accounts-with-accounts-type-small
accounts · AA
2024-12-20
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-19
change-person-director-company-with-change-date
officers · CH01
2024-06-10
change-person-director-company-with-change-date
officers · CH01
2024-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-small
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-small
accounts · AA
2022-12-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-07
accounts-with-accounts-type-small
accounts · AA
2021-12-17