LOTHIAN BRAKEWAYS LIMITED

🌳Matureactive
SC147590 · ltd · incorporated 1993-11-18
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 32.3y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Oct 2024
Net worth
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 83-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 83). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 32.3y

65/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 32.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
8 officers (6 active, 8 linked, 5 with DOB)
83
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
88 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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-10-31
Average employees700

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
7
filings
  • 5 officers
  • 1 persons-with-significant-control
  • 1 address
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2025-12-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-02
    📍
    default-companies-house-service-address-applied-officer
    address · RP09
  3. 2025-11-20
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2025-11-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  5. 2025-11-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-11-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2025-11-20
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2025-07-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-07-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2023-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-07-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-07-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-07-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-07-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-08-22
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2013-06-13
    🔓
    Charge satisfied #2
  18. 2007-02-01
    SHORT, David George appointed
    director
  19. 2007-02-01
    SHORT, Ian Andrew appointed
    director
  20. 2007-02-01
    SHORT, Marek William appointed
    director
  21. 1995-11-18
    SHORT, Janina Margaret appointed
    director
  22. 1994-03-07
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  23. 1994-01-19
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  24. 1993-11-18
    🏢
    Company incorporated
    As LOTHIAN BRAKEWAYS LIMITED
  25. 1993-11-18
    SHORT, Janina Margaret appointed
    secretary
  26. 1993-11-18
    SHORT, William John appointed
    director
  27. 1993-11-18
    ALEXANDERS BUSINESS PRESS LTD appointed
    corporate-nominee-secretary
  28. 1993-11-18
    ALEXANDERS BUSINESS PRESS LTD resigned
    corporate-nominee-secretary
  29. 1993-11-18
    ALEXANDERS BUSINESS SERVICES LTD appointed
    corporate-nominee-director
  30. 1993-11-18
    ALEXANDERS BUSINESS SERVICES LTD resigned
    corporate-nominee-director

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • -5 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 83 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 83 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 32 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr William John Short
Individual · British · DOB 01/1943 · age 83
2550%
25-50% shares18/10/2016
Mrs Janina Margaret Short
Individual · British · DOB 10/1944 · age 82
2550%
25-50% shares18/10/2016
Mr David George Short
Individual · Scottish · DOB 12/1964 · age 62
sig. influencesignificant influence · firm interest18/10/2016

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 →

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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
Incorporated1993-11-18
Jurisdictionscotland
Primary SIC45310 — SIC 45310

Registered office

39/41 Bonnyrigg Road
Dalkeith
Midlothian
EH22 3HF

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-09-27
Last: 2025-09-13

Officers (6 active · 2 resigned)

SHORT, Janina Margaret
secretary · appointed 1993-11-18
View their other companies + combined net worth →
Active
SHORT, David George
director · ~62y · appointed 2007-02-01
View their other companies + combined net worth →
Active
SHORT, Ian Andrew
director · ~60y · appointed 2007-02-01
View their other companies + combined net worth →
Active
SHORT, Janina Margaret
director · ~82y · appointed 1995-11-18
View their other companies + combined net worth →
Active
SHORT, Marek William
director · ~53y · appointed 2007-02-01
View their other companies + combined net worth →
Active
SHORT, William John
director · ~83y · appointed 1993-11-18
View their other companies + combined net worth →
Active
ALEXANDERS BUSINESS PRESS LTD
corporate-nominee-secretary · appointed 1993-11-18 · resigned 1993-11-18
Resigned
ALEXANDERS BUSINESS SERVICES LTD
corporate-nominee-director · appointed 1993-11-18 · resigned 1993-11-18
Resigned

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
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property07/03/199413/06/2013
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property19/01/1994
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (88 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-12-11
default-companies-house-service-address-applied-officer
address · RP09
2025-12-02
change-person-secretary-company-with-change-date
officers · CH03
2025-11-20
change-person-director-company-with-change-date
officers · CH01
2025-11-20
change-person-director-company-with-change-date
officers · CH01
2025-11-20
change-person-director-company-with-change-date
officers · CH01
2025-11-20
change-person-director-company-with-change-date
officers · CH01
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-06