RUSSWOOD LTD.
🌳Matureactive
SC092505 · ltd · incorporated 1985-03-29
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 Mar 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
What this business does
Primary activity: Sawmilling and planing of wood
Sector: Manufacturing
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 80/100 (exceptional), bankability 67/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: strategic trade sale (78/100).
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Refinance opportunity
6 live charges · 4 lenders · oldest 36.3y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 36.3 years old — likely at or near maturity.
- · 4 lenders named — inter-creditor friction likely.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
Data confidence
Overall: high (80/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
14 officers (5 active, 14 linked, 11 with DOB)
86
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
149 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
80/100Exceptional
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Profitable
Profit before tax £1,172,690
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 | 2024-03-31 |
|---|---|---|
| Profit before tax | £1.17M | £1.25M |
| Average employees | 67 | 6000 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Last 180 days
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (50 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-fullaccounts · AA
- 2025-05-14📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-05-13➖HOWIE, Claire Elizabeth resigneddirector
- 2024-09-25📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-06📄capital-name-of-class-of-sharescapital · SH08
- 2024-03-06📄capital-variation-of-rights-attached-to-sharescapital · SH10
- 2024-03-06📄resolutionresolution · RESOLUTIONS
- 2024-03-05📄memorandum-articlesincorporation · MA
- 2023-08-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-11-17📄accounts-with-accounts-type-fullaccounts · AA
- 2022-06-29📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-06-24📄memorandum-articlesincorporation · MA
- 2022-06-24📄resolutionresolution · RESOLUTIONS
- 2022-06-24📄capital-name-of-class-of-sharescapital · SH08
- 2022-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-04📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-03-31➕RUSSELL, Michael Robert appointeddirector
- 2022-03-31➕RUSSELL, Naomi appointeddirector
- 2022-03-31➖MACKINTOSH, Paul John resigneddirector
- 2021-08-23📄accounts-with-accounts-type-fullaccounts · AA
- 2021-02-01📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-01-28➖CROMBIE, Lorna Catherine resigneddirector
- 2020-11-16📄accounts-with-accounts-type-smallaccounts · AA
- 2018-03-31➖KISSOCK, John Andrew resigneddirector
- 2018-02-15➖SNEDDEN, Neil Andrew James resigneddirector
- 2018-01-01➕HOWIE, Claire Elizabeth appointeddirector
- 2017-06-22🔓Charge satisfied #4
- 2017-06-05🔓Charge satisfied #1
- 2017-05-01➕SNEDDEN, Neil Andrew James appointeddirector
- 2016-04-01➕CROMBIE, Lorna Catherine appointeddirector
- 2016-02-27🔓Charge satisfied #3
- 2015-06-26🔒Charge registered #6Lender: The Royal Bank of Scotland PLC
- 2015-06-10🔒Charge registered #5Lender: The Royal Bank of Scotland PLC
- 2012-09-01➕KISSOCK, John Andrew appointeddirector
- 2012-05-27➖NEILSON, Alexander William resigneddirector
- 2009-04-01➕MACKINTOSH, Paul John appointeddirector
- 2006-04-01➕NEILSON, Alexander William appointeddirector
- 2003-05-09➕RUSSELL, John Donald appointedsecretary
- 2003-05-09➖CROMBIE, Lorna Catherine resignedsecretary
- 2001-08-27🔓Charge satisfied #2
- 2001-04-01➕RUSSELL, Isla appointeddirector
- 2000-06-08➖RUSSELL, Alexander James resigneddirector
- 1997-02-19🔒Charge registered #4Lender: Highland Opportunity Limited
- 1990-11-16🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 1990-10-03🔒Charge registered #2Lender: Highlands and Islands Development Board
- 1990-10-01➕CROMBIE, Lorna Catherine appointedsecretary
- 1990-10-01➖RUSSEL, John Donald resignedsecretary
- 1990-01-18🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1985-03-29🏢Company incorporatedAs RUSSWOOD LTD.
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 66 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
40/100
Moderate signalSome succession indicators present. Worth watching; approach if sector/strategy fits.
SIGNALS
- primaryFamily succession underway: Not a takeover target — RUSSELL, Michael Robert (same surname) appointed 2022-03-31. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
- primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 41 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 med ·Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Donald Russell Individual · British · DOB 10/1960 · age 66 | 50–75% | — | 50-75% shares | 01/06/2016 |
1 historic (ceased) PSC
- Mrs Isla Russellceased 01/06/2022· 25-50% shares
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 →Similar companies
Active · Manufacturing · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| EDWARDS ENGINEERING (PERTH) LIMITED→ SC046562 · est 1969 | £2.34M £1.82M–£2.86M | — | — | 4100 | 56y | 83 | 58y |
| FAIR CITY PRECAST LIMITED→ SC078774 · est 1982 | — | — | — | — | 43y | 83 | 60y |
| A M FIRE & SECURITY SYSTEMS LTD→ SC247526 · est 2003 | — | — | — | 1200 | 23y | 82 | 58y |
| DRUMMOND FENCING LIMITED→ SC297497 · est 2006 | — | — | £269.1k | — | 20y | 82 | 60y |
| REYREY WOODWORX LTD→ SC705900 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SCOT BB TEL LIMITED→ SC399918 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| SGL PROJEX LTD→ SC830099 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SIGNAL WARRANTIES LIMITED→ SC716710 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SOLV LIMITED→ SC255450 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| SPFO PROPERTY LTD→ SC839397 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| STEVE BROWN ELECTRICAL (SCOTLAND) LIMITED→ SC296261 · est 2006 · no financials extracted | — | — | — | — | 20y | — | — |
| STRATHEARN INTERIORS COMPANY LTD→ SC575728 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
7 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
Incorporated1985-03-29
Jurisdictionscotland
Primary SIC16100 — Sawmilling and planing of wood
Registered office
Station Yard
Newtonmore
Inverness-Shire
PH20 1AR
Filing status
Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-07-13
Last: 2025-06-29
Officers (5 active · 9 resigned)
RUSSELL, John Donald→
Activesecretary · appointed 2003-05-09
View their other companies + combined net worth →
RUSSELL, Isla→
Activedirector · ~61y · appointed 2001-04-01
View their other companies + combined net worth →
Active
RUSSELL, Michael Robert→
Activedirector · ~33y · appointed 2022-03-31
View their other companies + combined net worth →
RUSSELL, Naomi→
Activedirector · ~36y · appointed 2022-03-31
View their other companies + combined net worth →
CROMBIE, Lorna Catherine→
Resignedsecretary · appointed 1990-10-01 · resigned 2003-05-09
RUSSEL, John Donald→
Resignedsecretary · resigned 1990-10-01
CROMBIE, Lorna Catherine→
Resigneddirector · ~64y · appointed 2016-04-01 · resigned 2021-01-28
HOWIE, Claire Elizabeth→
Resigneddirector · ~57y · appointed 2018-01-01 · resigned 2025-05-13
KISSOCK, John Andrew→
Resigneddirector · ~74y · appointed 2012-09-01 · resigned 2018-03-31
MACKINTOSH, Paul John→
Resigneddirector · ~59y · appointed 2009-04-01 · resigned 2022-03-31
NEILSON, Alexander William→
Resigneddirector · ~80y · appointed 2006-04-01 · resigned 2012-05-27
RUSSELL, Alexander James→
Resigneddirector · ~107y · resigned 2000-06-08
SNEDDEN, Neil Andrew James→
Resigneddirector · ~65y · appointed 2017-05-01 · resigned 2018-02-15
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 26/06/2015 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | — | 10/06/2015 | — | |
| satisfied | Highland Opportunity Highland Opportunity Limited | Standard security | 1 property | 19/02/1997 | 22/06/2017 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 16/11/1990 | 27/02/2016 | |
| satisfied | Highlands and Islands Development Board | Floating charge | 1 property | 03/10/1990 | 27/08/2001 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 18/01/1990 | 05/06/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (149 total)
accounts-with-accounts-type-full
accounts · AA
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-07-02
termination-director-company-with-name-termination-date
officers · TM01
2025-05-14
accounts-with-accounts-type-full
accounts · AA
2024-09-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-07-10
capital-name-of-class-of-shares
capital · SH08
2024-03-06
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-03-06
resolution
resolution · RESOLUTIONS
2024-03-06
memorandum-articles
incorporation · MA
2024-03-05
accounts-with-accounts-type-full
accounts · AA
2023-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-06-30
accounts-with-accounts-type-full
accounts · AA
2022-11-17
confirmation-statement-with-updates
confirmation-statement · CS01
2022-08-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-06-29
memorandum-articles
incorporation · MA
2022-06-24