STRATHKELVIN INSTRUMENTS LIMITED

🌳Matureactive
SC182258 · ltd · incorporated 1998-01-20
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
77/100
Strong
🔔
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What this business does
Primary activity: SIC 26511
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 77/100 (strong), bankability 67/100. Strong seller-intent signal (68/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

6 live charges · 5 lenders · oldest 23.9y

25/100
too messy

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

  • · Oldest live charge is 23.9 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Legal-friction score 43/100 — workable, but lender will want more DD.
  • · Not currently profitable — coverage conversation is a harder sell.

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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
13 officers (2 active, 13 linked, 8 with DOB)
82
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
142 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
77/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 · FRS 102
Loss-making
Loss before tax £276,350

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
Profit before tax£-276.4k—
Average employees5700

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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (57 events)Click to expand
  1. 2026-04-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-08-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-08-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2025-08-13
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-08-12
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  6. 2025-07-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2025-07-30
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-09-18
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  10. 2024-09-18
    🔓
    Charge satisfied #6
  11. 2024-03-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2024-03-19
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  13. 2024-03-19
    🔓
    Charge satisfied #5
  14. 2024-03-19
    🔓
    Charge satisfied #4
  15. 2023-12-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2023-09-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  17. 2023-09-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2023-09-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2023-09-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  20. 2023-09-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  21. 2023-09-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  22. 2023-09-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  23. 2023-09-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2023-09-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  25. 2023-09-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  26. 2023-09-04
    ➖
    DOOLEY, Michael Anthony resigned
    secretary
  27. 2023-09-04
    ➖
    DOOLEY, Michael Anthony resigned
    director
  28. 2023-09-01
    ➖
    DOOLEY, Clare Marie resigned
    director
  29. 2022-04-16
    ➕
    REID, Karen appointed
    director
  30. 2022-04-16
    ➕
    DOOLEY, Clare Marie appointed
    director
  31. 2018-10-09
    🔒
    Charge registered #6
    Lender: Business Loans Scotland
  32. 2016-06-24
    ➕
    REID, James Owen appointed
    director
  33. 2015-08-17
    🔒
    Charge registered #5
    Lender: West of Scotland Loan Fund
  34. 2014-03-01
    ➖
    BURNS, Martin Delisle resigned
    director
  35. 2014-01-23
    🔒
    Charge registered #4
    Lender: West of Scotland Loan Fund
  36. 2013-08-01
    ➖
    DIAMOND, Kenneth resigned
    director
  37. 2011-12-12
    ➖
    DAVIES, Peter Spencer, Doctor resigned
    director
  38. 2009-11-03
    🔒
    Charge registered #3
    Lender: Lloyds Tsb Commercial Finance Limited
  39. 2008-10-01
    ➖
    REID, James Owen resigned
    director
  40. 2006-10-01
    ➖
    DAVIES, Peter Spencer, Doctor resigned
    secretary
  41. 2006-10-01
    ➕
    DOOLEY, Michael Anthony appointed
    secretary
  42. 2005-09-01
    ➕
    REID, James Owen appointed
    director
  43. 2005-06-10
    ➕
    DIAMOND, Kenneth appointed
    director
  44. 2004-12-18
    🔓
    Charge satisfied #1
  45. 2004-11-22
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  46. 2004-06-16
    ➕
    DOOLEY, Michael Anthony appointed
    director
  47. 2002-06-24
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  48. 1998-03-16
    ➕
    DAVIES, Peter Spencer, Doctor appointed
    secretary
  49. 1998-03-16
    ➖
    COMBINED SECRETARIAL SERVICES LIMITED resigned
    corporate-nominee-secretary
  50. 1998-03-16
    ➕
    BURNS, Martin Delisle appointed
    director
Showing most recent 50 of 57 events

Owner dependency

81/100
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.
  • +Founder age: Director aged approximately 69 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

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.
  • secondaryStable-but-static management: Company is 28 years old and no new directors in the last 3 years — succession not yet being planned internally.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Karen Reid
Individual · British · DOB 01/1963 · age 63
25–50%
25–50%25-50% shares · 25-50% voting29/07/2025
Mr James Owen Reid
Individual · British · DOB 09/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting04/09/2023
2 historic (ceased) PSCs
  • Mr Michael Anthony Dooleyceased 03/03/2023· 25-50% shares · 25-50% voting
  • Mr Martin Delisle Burnsceased 03/03/2023· 25-50% shares · 25-50% voting

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

8 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
Incorporated1998-01-20
Jurisdictionscotland
Primary SIC26511 — SIC 26511

Registered office

Rowantree Avenue
Newhouse Industrial Estate,
Motherwell
North Lanarkshire
ML1 5RX

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-27
Last: 2025-08-13

Officers (2 active · 11 resigned)

REID, James Owen→
director · ~69y · appointed 2016-06-24
View their other companies + combined net worth →
Active
REID, Karen→
director · ~63y · appointed 2022-04-16
View their other companies + combined net worth →
Active
DAVIES, Peter Spencer, Doctor→
secretary · appointed 1998-03-16 · resigned 2006-10-01
Resigned
DOOLEY, Michael Anthony→
secretary · appointed 2006-10-01 · resigned 2023-09-04
Resigned
COMBINED SECRETARIAL SERVICES LIMITED→
corporate-nominee-secretary · appointed 1998-01-20 · resigned 1998-03-16
Resigned
BURNS, Martin Delisle→
director · ~84y · appointed 1998-03-16 · resigned 2014-03-01
Resigned
DAVIES, Peter Spencer, Doctor→
director · ~88y · appointed 1998-03-16 · resigned 2011-12-12
Resigned
DIAMOND, Kenneth→
director · ~71y · appointed 2005-06-10 · resigned 2013-08-01
Resigned
DOOLEY, Clare Marie→
director · ~53y · appointed 2022-04-16 · resigned 2023-09-01
Resigned
DOOLEY, Michael Anthony→
director · ~58y · appointed 2004-06-16 · resigned 2023-09-04
Resigned
REID, James Owen→
director · ~69y · appointed 2005-09-01 · resigned 2008-10-01
Resigned
COMBINED NOMINEES LIMITED→
corporate-nominee-director · appointed 1998-01-20 · resigned 1998-03-16
Resigned
COMBINED SECRETARIAL SERVICES LIMITED→
corporate-nominee-director · appointed 1998-01-20 · resigned 1998-03-16
Resigned

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

Mortgages & charges

6
Total charges
2
Outstanding
1
Active lenders
Status:Lender:6 of 6 shown
TypeProperties
satisfied
Business Loans Scotland
A registered charge—09/10/201818/09/2024
satisfied
West of Scotland Loan Fund
A registered charge—17/08/201519/03/2024
satisfied
West of Scotland Loan Fund
A registered charge1 property23/01/201419/03/2024
outstanding
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Bond & floating charge1 property03/11/2009—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property22/11/2004—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property24/06/200218/12/2004
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (142 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-01
change-person-director-company-with-change-date
officers · CH01
2025-08-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-13
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-13
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-08-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-07-30
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-31
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-18
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-19
mortgage-satisfy-charge-full
mortgage · MR04
2024-03-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-30