R. & M. DISTRIBUTION LIMITED
🌳Matureactive
SC099757 · ltd · incorporated 1986-06-25
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 38.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£902.5k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: SIC 46439
Sector: Wholesale & retail
ALSO REGISTERED FOR
- 46900Non-specialised wholesale trade
Investor take
PursueActive trading company with a 64-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 67/100. Strong seller-intent signal (70/100, director aged 64). 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: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
2 live charges · 2 lenders · oldest 38.6y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 38.6 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 25/100 — workable, but lender will want more DD.
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, 2 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
7 officers (2 active, 7 linked, 5 with DOB)
84
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
122 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.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £902,524
Cash YoY
-0%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£527k
~ YoY
Net Worth
£903k
↑ 16% YoY
Current Assets
£1.4m
↑ 7.7% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £902.5k | £883.7k |
| Current assets | £1.36M | £1.27M |
| Cash | £526.8k | £527.8k |
| Debtors | £520.5k | £446.4k |
| Net assets | £902.5k | £779.1k |
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
0
filings
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2025-06-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-06-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-06-23📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-01-23📄capital-name-of-class-of-sharescapital · SH08
- 2023-01-17📄resolutionresolution · RESOLUTIONS
- 2023-01-17📄memorandum-articlesincorporation · MA
- 2022-11-11➕HUNTER, Brian James appointeddirector
- 2022-11-11➖THOMSON, James resignedsecretary
- 2022-11-11➖MACKIE, Robert resigneddirector
- 2022-11-11📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-11-11📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2022-11-11📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-11-11📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-11-11📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2022-09-29📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2022-09-16🔒Charge registered #2Lender: Steven Mackie
- 2022-08-30📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-08-30🔓Charge satisfied #1
- 2022-06-28📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-07-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2020-08-13📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-06-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-02-23➖DUFF, Neil resigneddirector
- 2004-01-22➕BROWN, Mandy appointeddirector
- 2004-01-22➕DUFF, Neil appointeddirector
- 2003-07-16➖MACKIE, Maureen resignedsecretary
- 2003-07-16➕THOMSON, James appointedsecretary
- 2003-07-16➖MACKIE, Maureen resigneddirector
- 1987-09-26🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1986-06-25🏢Company incorporatedAs R. & M. DISTRIBUTION LIMITED
Owner dependency
76/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 22 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 64 — approaching natural succession window.
Succession & seller-readiness
86/100
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.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 40 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Group structure
R. & M. Distribution Eot Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
R. & M. Distribution Eot Limited
Corporate parent · holds 75-100% shares · board control
⬇
R. & M. DISTRIBUTION LIMITED
This company · SC099757
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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
R. & M. Distribution Eot Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 11/11/2022 |
5 historic (ceased) PSCs
- Mr Robert Mackieceased 11/11/2022· 50-75% shares · 50-75% voting · board control
- Mr Neil Duffceased 06/04/2016· 50-75% shares · 50-75% voting
- Mr Steven Gregg Mackieceased 06/04/2016· 25-50% shares · 25-50% voting
- Miss Susan Mackieceased 06/04/2016· 25-50% shares · 25-50% voting
- Mrs Mandy Brownceased 06/04/2016· 25-50% shares · 25-50% voting
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 · Wholesale & distribution · KY postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| INDEPENDENT SECURITY SUPPLIES (GLASGOW) LTD→ SC392828 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| KINSALE SPIRIT COMPANY (UK) LIMITED→ SC855983 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| NATURECOCO UK LIMITED→ SC884287 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| POPLAR BUILDING & DRAINAGE SUPPLIES LTD→ SC367284 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| POPPYFLOW LTD→ SC862792 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PROTOOL ENGINEERING SUPPLIES LTD→ SC615671 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| RACHEL GEORGE FURNITURE LTD→ SC845347 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| RAITH FRUIT & FLOWERS LIMITED→ SC335927 · est 2008 · no financials extracted | — | — | — | — | 18y | — | — |
| RANDOLPH INVESTMENTS LIMITED→ SC867401 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| ROSE MARKETING UK LIMITED→ SC317936 · est 2007 · no financials extracted | — | — | — | — | 19y | — | — |
| ROSS & MACKAY WHISKY CO LTD→ SC654118 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| ROTOWIPER UK LIMITED→ SC171529 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
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
Incorporated1986-06-25
Jurisdictionscotland
Primary SIC46439 — SIC 46439
Registered office
Unit 1, Carwhinny
Mitchelston Industrial Estate
Kirkcaldy
KY1 3LS
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2026-10-02
Last: 2025-09-18
Officers (2 active · 5 resigned)
BROWN, Mandy→
Activedirector · ~64y · appointed 2004-01-22
View their other companies + combined net worth →
HUNTER, Brian James→
Activedirector · ~60y · appointed 2022-11-11
View their other companies + combined net worth →
MACKIE, Maureen→
Resignedsecretary · resigned 2003-07-16
THOMSON, James→
Resignedsecretary · appointed 2003-07-16 · resigned 2022-11-11
DUFF, Neil→
Resigneddirector · ~70y · appointed 2004-01-22 · resigned 2020-02-23
MACKIE, Maureen→
Resigneddirector · ~73y · resigned 2003-07-16
MACKIE, Robert→
Resigneddirector · ~74y · resigned 2022-11-11
Click a director name to see their full track record across all companies.
Mortgages & charges
2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Steven Mackie / Susan Mackie / Mandy Brown | A registered charge | — | 16/09/2022 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 26/09/1987 | 30/08/2022 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (122 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-06-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-06-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-18
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-18
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-06-23
capital-name-of-class-of-shares
capital · SH08
2023-01-23
resolution
resolution · RESOLUTIONS
2023-01-17
memorandum-articles
incorporation · MA
2023-01-17
appoint-person-director-company-with-name-date
officers · AP01
2022-11-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2022-11-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-11
termination-director-company-with-name-termination-date
officers · TM01
2022-11-11