LAM-ART (DUNDEE) LIMITED

🌳Matureactive
SC126966 · ltd · incorporated 1990-08-31
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 Sept 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Sawmilling and planing of wood
Sector: Manufacturing
ALSO REGISTERED FOR
  • 32990Other manufacturing n.e.c.
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 69). Share purchase looks the cleaner deal structure. 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 (73/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 35.3y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 35.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (77/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
10 officers (2 active, 10 linked, 5 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
122 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
77
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£0Sept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-09-302023-09-30
Average employees30002900

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
0
filings
Last 90 days
0
filings
Last 180 days
6
filings
  • • 3 mortgage
  • • 2 persons-with-significant-control
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
  1. 2025-12-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2025-12-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  3. 2025-12-10
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-12-04
    ➖
    URQUHART, David resigned
    director
  5. 2025-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2025-12-03
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2025-12-03
    🔓
    Charge satisfied #3
  8. 2025-12-03
    🔓
    Charge satisfied #1
  9. 2025-11-28
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2025-11-28
    🔓
    Charge satisfied #2
  11. 2025-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2024-04-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-06-16
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2022-06-15
    ➕
    URQUHART, David appointed
    director
  16. 2022-03-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2021-07-06
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  18. 2021-07-01
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  19. 2021-06-30
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  20. 2021-04-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  21. 2021-04-29
    🔒
    Charge registered #4
    Lender: Bibby Factors Limited
  22. 2021-04-13
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  23. 2021-04-13
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  24. 2021-01-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  25. 2020-10-29
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  26. 2011-08-29
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  27. 2008-09-11
    ➕
    DUNN, Robert appointed
    director
  28. 2008-09-11
    ➖
    CAMPBELL, Derek James resigned
    secretary
  29. 2008-09-11
    ➖
    LOW, George Edwin resigned
    director
  30. 2008-09-11
    ➖
    STEWART, Lindsay resigned
    director
  31. 2007-01-18
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  32. 2005-07-01
    ➕
    CAMPBELL, Derek James appointed
    secretary
  33. 2005-07-01
    ➖
    MACLAREN, May Burnett resigned
    secretary
  34. 2002-08-23
    ➕
    LOW, George Edwin appointed
    director
  35. 1997-04-30
    ➖
    CAMPBELL, Derek James resigned
    secretary
  36. 1997-04-30
    ➕
    MACLAREN, May Burnett appointed
    secretary
  37. 1991-01-14
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  38. 1990-09-28
    ➕
    CAMPBELL, Derek James appointed
    director
  39. 1990-09-28
    ➕
    CAMPBELL, Derek James appointed
    secretary
  40. 1990-09-28
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  41. 1990-09-28
    ➕
    STEWART, Lindsay appointed
    director
  42. 1990-09-28
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director
  43. 1990-08-31
    🏢
    Company incorporated
    As LAM-ART (DUNDEE) LIMITED
  44. 1990-08-31
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  45. 1990-08-31
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director

Owner dependency

83/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

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 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. 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 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 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
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Rsbp Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Rsbp Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
LAM-ART (DUNDEE) LIMITED
This company · SC126966

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%
NameSharesVoting rightsNature of controlNotified
Rsbp Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control04/12/2025
1 historic (ceased) PSC
  • Mr Robert Dunnceased 04/12/2025· 50-75% shares · 50-75% voting · board control · significant influence

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

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
Incorporated1990-08-31
Jurisdictionscotland
Primary SIC16100 — Sawmilling and planing of wood

Registered office

122 Liff Road
Dundee
DD2 2TL

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-14
Last: 2025-08-31

Officers (2 active · 8 resigned)

CAMPBELL, Derek James→
director · ~69y · appointed 1990-09-28
View their other companies + combined net worth →
Active
DUNN, Robert→
director · ~69y · appointed 2008-09-11
View their other companies + combined net worth →
Active
CAMPBELL, Derek James→
secretary · appointed 2005-07-01 · resigned 2008-09-11
Resigned
CAMPBELL, Derek James→
secretary · appointed 1990-09-28 · resigned 1997-04-30
Resigned
MACLAREN, May Burnett→
secretary · appointed 1997-04-30 · resigned 2005-07-01
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1990-08-31 · resigned 1990-09-28
Resigned
LOW, George Edwin→
director · ~74y · appointed 2002-08-23 · resigned 2008-09-11
Resigned
STEWART, Lindsay→
director · ~80y · appointed 1990-09-28 · resigned 2008-09-11
Resigned
URQUHART, David→
director · ~67y · appointed 2022-06-15 · resigned 2025-12-04
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1990-08-31 · resigned 1990-09-28
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
outstanding
Bibby Financial Services
Bibby Factors Limited
A registered charge—29/04/2021—
satisfied
Virgin Money
Clydesdale Bank PLC
Floating charge1 property29/08/201103/12/2025
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property18/01/200728/11/2025
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property14/01/199103/12/2025
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (122 total)

termination-director-company-with-name-termination-date
officers · TM01
2025-12-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-12-10
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-12-10
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-03
mortgage-satisfy-charge-full
mortgage · MR04
2025-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-05
appoint-person-director-company-with-name-date
officers · AP01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-18