RACE RIDERS LIMITED

🌳Matureactive
SC169161 · ltd · incorporated 1996-10-14
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
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
80/100
Exceptional
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (81/100)

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
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 4 with DOB)
83
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
76 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

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 (25 events)Click to expand
  1. 2025-09-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-12-10
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-12-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2022-02-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2021-11-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2021-02-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2019-11-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-12-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2017-12-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2016-11-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2015-12-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2015-10-17
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-12-08
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2014-11-11
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2000-04-06
    PALMER, Brian John resigned
    director
  17. 2000-04-06
    PALMER, Valerie Anne Beatrice resigned
    director
  18. 1996-10-14
    🏢
    Company incorporated
    As RACE RIDERS LIMITED
  19. 1996-10-14
    JOHNSTON, Deirdre Munro appointed
    secretary
  20. 1996-10-14
    JOHNSTON, Deirdre Munro appointed
    director
  21. 1996-10-14
    JOHNSTON, Mark Steven appointed
    director
  22. 1996-10-14
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  23. 1996-10-14
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  24. 1996-10-14
    PALMER, Brian John appointed
    director
  25. 1996-10-14
    PALMER, Valerie Anne Beatrice appointed
    director

Owner dependency

91/100
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 30 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 67. 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 30 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 30 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.)

Group structure

Johnston Racing Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Johnston Racing Limited
Corporate parent · holds 25-50% shares · board control
significant stake
RACE RIDERS LIMITED
This company · SC169161

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Johnston Racing Limited
Corporate entity
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Mark Steven Johnston
Individual · British · DOB 10/1959 · age 67
sig. influencesignificant influence06/04/2016
Mrs Deirdre Munro Johnston
Individual · British · DOB 10/1962 · age 64
sig. influencesignificant influence06/04/2016

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
Incorporated1996-10-14
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

29 Brandon Street
Hamilton
South Lanarkshire
ML3 6DA

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (3 active · 3 resigned)

JOHNSTON, Deirdre Munro
secretary · appointed 1996-10-14
View their other companies + combined net worth →
Active
JOHNSTON, Deirdre Munro
director · ~64y · appointed 1996-10-14
View their other companies + combined net worth →
Active
JOHNSTON, Mark Steven
director · ~67y · appointed 1996-10-14
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-nominee-secretary · appointed 1996-10-14 · resigned 1996-10-14
Resigned
PALMER, Brian John
director · ~81y · appointed 1996-10-14 · resigned 2000-04-06
Resigned
PALMER, Valerie Anne Beatrice
director · ~71y · appointed 1996-10-14 · resigned 2000-04-06
Resigned

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

Recent filings (76 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-14
accounts-with-accounts-type-dormant
accounts · AA
2025-09-04
accounts-with-accounts-type-dormant
accounts · AA
2024-12-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-dormant
accounts · AA
2023-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19
accounts-with-accounts-type-dormant
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-27
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2022-02-25
accounts-with-accounts-type-dormant
accounts · AA
2021-11-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-14
accounts-with-accounts-type-dormant
accounts · AA
2021-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-19
accounts-with-accounts-type-dormant
accounts · AA
2019-11-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-11