SPEYSIDE ENTERPRISES LIMITED

💤Zombieactive
SC177138 · ltd · incorporated 1997-07-10
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£282.2k
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 10890
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (70/100, director aged 59). 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

5 live charges · 3 lenders · oldest 28.5y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 28.5 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Distress signals active — lender appetite narrows.

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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
106 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £282,217
Very low cash
Cash position: £63
Net assets shrinking
Down £7,154 YoY
Cash YoY
+530%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£63
↑ 530% YoY
Net Worth
£282k
↓ 2.5% YoY
Current Assets
£433k
↑ 9.8% YoY
Current Liabilities
—
£0£87k£173k£260k£346k£433kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£346.5k£350.6k
Current assets£432.9k£394.3k
Cash£63£10
Debtors£340.3k£311.1k
Net assets£282.2k£289.4k

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 (37 events)Click to expand
  1. 2025-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-05-03
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  4. 2024-05-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-03-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-06-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-05-25
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  9. 2021-05-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2020-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-06-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-06-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-07-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2017-06-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2012-10-01
    ➕
    BURNETT & REID LLP appointed
    corporate-secretary
  16. 2012-09-30
    ➖
    BURNETT & REID resigned
    corporate-secretary
  17. 2010-03-23
    🔓
    Charge satisfied #4
  18. 2009-12-03
    🔓
    Charge satisfied #1
  19. 2009-11-17
    🔒
    Charge registered #6
    Lender: Hsbc Bank PLC
  20. 2009-11-09
    ➖
    LAWSON, Francis George resigned
    director
  21. 2009-11-09
    🔒
    Charge registered #5
    Lender: Hsbc Bank PLC
  22. 2008-10-13
    ➖
    DARANYI, Bela Peter resigned
    director
  23. 2006-08-05
    🔓
    Charge satisfied #3
  24. 2003-06-28
    ➖
    WATSON, David resigned
    director
  25. 2000-05-04
    ➖
    BUCHANAN, Stewart resigned
    director
  26. 2000-05-04
    ➕
    WATSON, David appointed
    director
  27. 1999-06-02
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  28. 1999-04-26
    ➕
    BUCHANAN, Stewart appointed
    director
  29. 1999-04-26
    ➕
    DARANYI, Bela Peter appointed
    director
  30. 1997-10-30
    🔒
    Charge registered #3
    Lender: Alexander Geddes Stewart
  31. 1997-10-22
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  32. 1997-08-01
    ➕
    LAWSON, David Michael Campbell appointed
    director
  33. 1997-08-01
    ➕
    LAWSON, Francis George appointed
    director
  34. 1997-08-01
    ➖
    MATHESON, Angus Macrae resigned
    director
  35. 1997-07-10
    🏢
    Company incorporated
    As SPEYSIDE ENTERPRISES LIMITED
  36. 1997-07-10
    ➕
    BURNETT & REID appointed
    corporate-secretary
  37. 1997-07-10
    ➕
    MATHESON, Angus Macrae appointed
    director

Owner dependency

93/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

85/100
Likely off-market candidate

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 29 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.

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr David Michael Campbell Lawson
Individual · British · DOB 10/1967 · age 59
75–100%
—75-100% shares06/04/2016

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
Incorporated1997-07-10
Jurisdictionscotland
Primary SIC10890 — SIC 10890

Registered office

Suite A
1 Albyn Place
Aberdeen
AB10 1BR
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-01
Last: 2025-07-18

Officers (2 active · 6 resigned)

BURNETT & REID LLP→
corporate-secretary · appointed 2012-10-01
View their other companies + combined net worth →
Active
LAWSON, David Michael Campbell→
director · ~59y · appointed 1997-08-01
View their other companies + combined net worth →
Active
BURNETT & REID→
corporate-secretary · appointed 1997-07-10 · resigned 2012-09-30
Resigned
BUCHANAN, Stewart→
director · ~63y · appointed 1999-04-26 · resigned 2000-05-04
Resigned
DARANYI, Bela Peter→
director · ~93y · appointed 1999-04-26 · resigned 2008-10-13
Resigned
LAWSON, Francis George→
director · ~91y · appointed 1997-08-01 · resigned 2009-11-09
Resigned
MATHESON, Angus Macrae→
director · ~75y · appointed 1997-07-10 · resigned 1997-08-01
Resigned
WATSON, David→
director · ~75y · appointed 2000-05-04 · resigned 2003-06-28
Resigned

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

Mortgages & charges

5
Total charges
2
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
Standard security1 property17/11/2009—
outstanding
HSBC
Hsbc Bank PLC
Floating charge1 property09/11/2009—
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property02/06/199923/03/2010
satisfied
Alexander Geddes Stewart
Standard security1 property30/10/199705/08/2006
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property22/10/199703/12/2009
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (106 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-28
change-corporate-secretary-company-with-change-date
officers · CH04
2024-05-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-02
change-corporate-secretary-company-with-change-date
officers · CH04
2021-05-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-05-25