RETRONIX LTD.
🌳Matureactive
SC131176 · ltd · incorporated 1991-04-12
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.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 1 signals strengthening over the last 30 days.
- · Hygiene score: 85 → 90
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 32.9y old — refinance window within 12 months
What changed my view
Last 30 days
Picture improved over the last 30 days — 1 positive signal vs 0 negative.
- ↑Hygiene score: 85 → 90
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 33190
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 32.9y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 32.9 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 20/100 — clean.
Data confidence
Overall: medium (57/100)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
No iXBRL financials extracted
0
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
15 officers (3 active, 15 linked, 11 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
124 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
- 2026-01-20📄accounts-with-accounts-type-mediumaccounts · AA
- 2025-09-12📄second-filing-of-director-appointment-with-nameofficers · RP04AP01
- 2025-09-08📄termination-director-company-with-name-termination-dateofficers · TM01
- 2025-09-08📄appoint-person-director-company-with-name-dateofficers · AP01
- 2025-07-09➕VANBUSKIRK, Ian Gr appointeddirector
- 2025-07-09➖HEBARD, Gregory Bowling resigneddirector
- 2025-05-12📄accounts-with-accounts-type-mediumaccounts · AA
- 2024-06-12📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-06-12📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-06-05📄accounts-with-accounts-type-fullaccounts · AA
- 2024-05-22➕PAGE, Sean Jason appointeddirector
- 2024-05-22➖TRAUD, Timothy Wayne resigneddirector
- 2023-06-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-06-06📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-06-01➕HEBARD, Gregory Bowling appointeddirector
- 2023-06-01➖MELACHRINO, Kristine resigneddirector
- 2023-05-24📄accounts-with-accounts-type-smallaccounts · AA
- 2023-05-02📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2023-04-05📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2023-04-05📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-04-05📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2023-04-05📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2023-04-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-05📄termination-director-company-with-name-termination-dateofficers · TM01
- 2023-04-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-04-05📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-03-31➖BOSWELL, Kathleen Elizabeth resignedsecretary
- 2023-03-31➖BOSWELL, Anthony Peter resigneddirector
- 2023-03-31➖BOSWELL, Kathleen Elizabeth resigneddirector
- 2023-03-31➕MELACHRINO, Kristine appointeddirector
- 2023-03-31➕TRAUD, Timothy Wayne appointeddirector
- 2023-03-28➕DAVIDSON CHALMERS STEWART (SECRETARIAL SERVICES) LIMITED appointedcorporate-secretary
- 2023-03-23📄capital-alter-shares-redemption-statement-of-capitalcapital · SH02
- 2023-03-09🔓Charge satisfied #4
- 2023-03-09🔓Charge satisfied #3
- 2021-03-05➖ROONEY, Dennis resigneddirector
- 2019-06-27➖CAVEN, Ross resigneddirector
- 2019-01-22➕CAVEN, Ross appointeddirector
- 2010-05-01➕BOSWELL, Kathleen Elizabeth appointeddirector
- 2009-09-01➕ROONEY, Dennis appointeddirector
- 2006-12-22🔓Charge satisfied #1
- 2006-09-12🔓Charge satisfied #2
- 2006-06-20🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2004-11-05🔒Charge registered #3Lender: The Royal Bank of Scotland PLC
- 2000-04-26🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 1993-08-29🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1993-04-12➖LYNCH, Barrie William resigneddirector
- 1993-04-12➖PRIOR, Robin resigneddirector
- 1992-04-21➕BOSWELL, Kathleen Elizabeth appointedsecretary
- 1992-04-21➖PRIOR, Robin resignedsecretary
Showing most recent 50 of 57 events
Owner dependency
58/100
Moderate — manageable with handoverSome founder dependency, but not acute. A structured handover period should cover most risk.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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.
Group structure
Jabil Circuit Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
🏛️ultimate parent
Jabil Circuit Limited
Corporate parent · holds 75-100% shares · board control
⬇
RETRONIX LTD.
This company · SC131176
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 |
|---|---|---|---|---|
Jabil Circuit Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 31/03/2023 |
1 historic (ceased) PSC
- Mrs Kathleen Elizabeth Boswellceased 31/03/2023· 75-100% 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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| HALSPAN LIMITED→ SC194458 · est 1999 | £6.37M £4.95M–£7.78M | — | — | — | 27y | 83 | 77y |
| HAD-FAB LIMITED→ SC142257 · est 1993 | £1.76M £1.37M–£2.15M | — | — | 14400 | 33y | 85 | 60y |
| SPRING ENGINEERING SERVICES LIMITED→ SC220378 · est 2001 | £1.49M £1.16M–£1.83M | — | — | 3800 | 25y | 87 | 74y |
| WINDOW SUPPLY COMPANY LTD→ SC615256 · est 2018 | £699.9k £544.4k–£855.4k | — | — | 182 | 7y | 84 | 72y |
| EUROSTAMPA UK LTD→ SC024552 · est 1946 | £218.8k £170.2k–£267.5k | — | — | 200 | 79y | 85 | 83y |
| ARRAYJET LIMITED→ SC209936 · est 2000 | — | — | — | 25 | 25y | 83 | 73y |
| BAWBAGS LIMITED→ SC321771 · est 2007 | — | — | — | 6 | 19y | 83 | 65y |
| CANMORE PIPE BAGS LIMITED→ SC362533 · est 2009 | — | — | £53.5k | — | 16y | 83 | 58y |
| CASTLE MASONRY PRODUCTS LIMITED→ SC225802 · est 2001 | — | — | — | 18 | 24y | 83 | 62y |
| CLOCKHOUSE FURNITURE LIMITED→ SC281686 · est 2005 | — | — | £778.1k | — | 21y | 83 | 75y |
| DESIGN LED PRODUCTS LIMITED→ SC258229 · est 2003 · no financials extracted | — | — | — | — | 22y | 83 | 58y |
| HALSTON ENGINEERING LTD→ SC066605 · est 1978 | — | — | — | 600 | 47y | 83 | 61y |
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
Incorporated1991-04-12
Jurisdictionscotland
Primary SIC33190 — SIC 33190
Registered office
12 Hope Street
Edinburgh
EH2 4DB
Scotland
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-03-29
Last: 2026-03-15
Officers (3 active · 12 resigned)
DAVIDSON CHALMERS STEWART (SECRETARIAL SERVICES) LIMITED→
Activecorporate-secretary · appointed 2023-03-28
View their other companies + combined net worth →
PAGE, Sean Jason→
Activedirector · ~51y · appointed 2024-05-22
View their other companies + combined net worth →
VANBUSKIRK, Ian Gr→
Activedirector · ~44y · appointed 2025-07-09
View their other companies + combined net worth →
BOSWELL, Kathleen Elizabeth→
Resignedsecretary · appointed 1992-04-21 · resigned 2023-03-31
PRIOR, Robin→
Resignedsecretary · appointed 1991-04-12 · resigned 1992-04-21
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1991-04-12 · resigned 1991-04-12
BOSWELL, Anthony Peter→
Resigneddirector · ~62y · appointed 1991-04-12 · resigned 2023-03-31
BOSWELL, Kathleen Elizabeth→
Resigneddirector · ~62y · appointed 2010-05-01 · resigned 2023-03-31
CAVEN, Ross→
Resigneddirector · ~61y · appointed 2019-01-22 · resigned 2019-06-27
HEBARD, Gregory Bowling→
Resigneddirector · ~57y · appointed 2023-06-01 · resigned 2025-07-09
LYNCH, Barrie William→
Resigneddirector · ~76y · appointed 1991-04-12 · resigned 1993-04-12
MELACHRINO, Kristine→
Resigneddirector · ~49y · appointed 2023-03-31 · resigned 2023-06-01
PRIOR, Robin→
Resigneddirector · ~68y · appointed 1991-04-12 · resigned 1993-04-12
ROONEY, Dennis→
Resigneddirector · ~72y · appointed 2009-09-01 · resigned 2021-03-05
TRAUD, Timothy Wayne→
Resigneddirector · ~60y · appointed 2023-03-31 · resigned 2024-05-22
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 20/06/2006 | 09/03/2023 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 05/11/2004 | 09/03/2023 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 26/04/2000 | 12/09/2006 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 29/08/1993 | 22/12/2006 |
Recent filings (124 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-19
accounts-with-accounts-type-medium
accounts · AA
2026-01-20
second-filing-of-director-appointment-with-name
officers · RP04AP01
2025-09-12
termination-director-company-with-name-termination-date
officers · TM01
2025-09-08
appoint-person-director-company-with-name-date
officers · AP01
2025-09-08
accounts-with-accounts-type-medium
accounts · AA
2025-05-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-26
appoint-person-director-company-with-name-date
officers · AP01
2024-06-12
termination-director-company-with-name-termination-date
officers · TM01
2024-06-12
accounts-with-accounts-type-full
accounts · AA
2024-06-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-27
appoint-person-director-company-with-name-date
officers · AP01
2023-06-06
termination-director-company-with-name-termination-date
officers · TM01
2023-06-06
accounts-with-accounts-type-small
accounts · AA
2023-05-24
appoint-corporate-secretary-company-with-name-date
officers · AP04
2023-05-02