R E S PRECISION ENGINEERS LIMITED

💤Zombieactive
SC087900 · ltd · incorporated 1984-05-04
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
Upgrade to see
Turnover
year to Aug 2024
Net worth
book net assets
Opportunity
60/100
Worth a look
🔔
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What this business does
Primary activity: Machining
Sector: Manufacturing
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 60/100 (worth a look), bankability 65/100. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: share sale to pe / searcher (38/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 40.8y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 40.8 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
11 officers (0 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
60/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
60
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
49
Multiple red flags — proceed with caution.
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£0Aug 2023Aug 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-08-312023-08-31
Average employees400400

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • 1 officers
Last 90 days
1
filing
  • 1 officers
Last 180 days
1
filing
  • 1 officers
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
  1. 2026-04-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-04-22
    HUTTON, Lindsay Alexander resigned
    director
  3. 2025-06-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-06-24
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  5. 2025-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2025-02-27
    HUTTON, Lindsay Alexander appointed
    director
  7. 2025-02-27
    MACDONALD, Iain resigned
    director
  8. 2024-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-05-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-03-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-05-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2017-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-01-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2017-01-20
    MACDONALD, John resigned
    director
  17. 2016-10-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2016-04-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  19. 2016-02-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2015-05-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  21. 2014-12-03
    MACDONALD, Iain appointed
    director
  22. 2013-05-31
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Commercial Finance Limited, No 1 Brookhill Way, Oxon, OX16 3EL
  23. 2012-12-19
    HUTTON, Lindsay Alexander resigned
    director
  24. 2012-12-19
    MACDONALD, John appointed
    director
  25. 2012-11-26
    HUTTON, Lindsay Alexander resigned
    secretary
  26. 2012-10-09
    RITCHIE, Colin resigned
    director
  27. 2009-02-06
    DAVIDSON, Stevenson Petrie resigned
    secretary
  28. 2009-02-06
    HUTTON, Lindsay Alexander appointed
    secretary
  29. 2009-02-06
    DAVIDSON, Stevenson Petrie resigned
    director
  30. 2009-02-06
    RITCHIE, Colin appointed
    director
  31. 2006-09-28
    HUTTON, Lindsay Alexander appointed
    director
  32. 2006-09-28
    MCBRIDE, Richard resigned
    director
  33. 1998-04-30
    DAVIDSON, Stevenson Petrie appointed
    secretary
  34. 1998-04-30
    DAWSON, Eric Richard Dear resigned
    secretary
  35. 1998-04-30
    DAWSON, Eric Richard Dear resigned
    director
  36. 1985-06-28
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  37. 1984-05-04
    🏢
    Company incorporated
    As R E S PRECISION ENGINEERS LIMITED

Owner dependency

50/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

Succession & seller-readiness

40/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryStable-but-static management: Company is 42 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

2 high ·
Confirmation statement overdue
high

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

Evidence: Next due: 2026-04-13

No active directors on record
high

Company is active but has no current directors in the register. This is unusual and should be investigated.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr John Macdonald
Individual · British · DOB 03/1944 · age 82
75100%
75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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 →
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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.

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Company details

Statusactive
Typeltd
Incorporated1984-05-04
Jurisdictionscotland
Primary SIC25620 — Machining

Registered office

203 Strathmartine Road
Dundee
DD3 8PH

Filing status

Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-04-13OVERDUE
Last: 2025-03-30

Officers (0 active · 11 resigned)

DAVIDSON, Stevenson Petrie
secretary · appointed 1998-04-30 · resigned 2009-02-06
Resigned
DAWSON, Eric Richard Dear
secretary · resigned 1998-04-30
Resigned
HUTTON, Lindsay Alexander
secretary · appointed 2009-02-06 · resigned 2012-11-26
Resigned
DAVIDSON, Stevenson Petrie
director · ~82y · resigned 2009-02-06
Resigned
DAWSON, Eric Richard Dear
director · ~88y · resigned 1998-04-30
Resigned
HUTTON, Lindsay Alexander
director · ~53y · appointed 2025-02-27 · resigned 2026-04-22
Resigned
HUTTON, Lindsay Alexander
director · ~53y · appointed 2006-09-28 · resigned 2012-12-19
Resigned
MACDONALD, Iain
director · ~60y · appointed 2014-12-03 · resigned 2025-02-27
Resigned
MACDONALD, John
director · ~82y · appointed 2012-12-19 · resigned 2017-01-20
Resigned
MCBRIDE, Richard
director · ~89y · resigned 2006-09-28
Resigned
RITCHIE, Colin
director · ~68y · appointed 2009-02-06 · resigned 2012-10-09
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited, No 1 Brookhill Way, Oxon, OX16 3EL
A registered charge1 property31/05/2013
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property28/06/1985
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (117 total)

termination-director-company-with-name-termination-date
officers · TM01
2026-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
termination-director-company-with-name-termination-date
officers · TM01
2025-06-24
appoint-person-director-company-with-name-date
officers · AP01
2025-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-04-29