J & E REID (1830) LIMITED

💤Zombieactive
SC185828 · ltd · incorporated 1998-05-15
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 2025
Net worth
£153.0k
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 18129
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 79-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 27.2y

45/100
under pressure

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

  • · Oldest live charge is 27.2 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
1 charges (1/1 with lender, 1/1 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
Network not yet resolved
30
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £153,030
Very low cash
Cash position: £34
Cash YoY
+0%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£34
~ YoY
Net Worth
£153k
~ YoY
Current Assets
£151k
~ YoY
Current Liabilities
—
£0£31k£61k£92k£122k£153kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£153.7k£153.7k
Current assets£150.5k£150.5k
Cash£34£34
Debtors£150.5k£150.5k
Net assets£153.0k£153.0k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2026-04-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-09-16
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-09-16
    🔓
    Charge satisfied #1
  5. 2025-08-20
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  6. 2025-08-19
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  7. 2025-06-27
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  8. 2024-04-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2023-01-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2022-05-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2021-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2020-06-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2018-05-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2017-06-12
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2016-06-09
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2003-01-31
    ➖
    MCWILLIAMS, John Macfarlane resigned
    director
  18. 2002-09-30
    ➖
    WILLIAMSON, Frances resigned
    director
  19. 2001-10-04
    ➖
    BEATTIE, Robert Stuart resigned
    director
  20. 2001-10-04
    ➖
    COCKER, Martha Ferrie resigned
    director
  21. 1999-02-23
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  22. 1999-01-25
    ➕
    BEATTIE, Robert Stuart appointed
    director
  23. 1999-01-25
    ➕
    COCKER, Martha Ferrie appointed
    director
  24. 1999-01-25
    ➕
    MCWILLIAMS, John Macfarlane appointed
    director
  25. 1999-01-20
    ➕
    WILLIAMSON, Leslie Murray appointed
    secretary
  26. 1999-01-20
    ➕
    WILLIAMSON, Leslie Murray appointed
    director
  27. 1999-01-01
    ➕
    WILLIAMSON, Frances appointed
    director
  28. 1998-05-15
    🏢
    Company incorporated
    As J & E REID (1830) LIMITED
  29. 1998-05-15
    ➕
    REID, Brian appointed
    nominee-secretary
  30. 1998-05-15
    ➖
    REID, Brian resigned
    nominee-secretary
  31. 1998-05-15
    ➕
    MABBOTT, Stephen appointed
    nominee-director
  32. 1998-05-15
    ➖
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

100/100
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 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.

Succession & seller-readiness

100/100
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 79 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 28 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Leslie Murray Williamson
Individual · Scottish · DOB 02/1947 · age 79
——sig. influencesignificant influence · trust interest · firm interest30/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1998-05-15
Jurisdictionscotland
Primary SIC18129 — SIC 18129

Registered office

Unit 9 Claremont Centre
Durham Street
Glasgow
G41 1BS

Filing status

Accounts
Next due: 2027-06-29
Last made up to: 2025-09-30
Confirmation statement
Next due: 2026-06-16
Last: 2025-06-02

Officers (2 active · 6 resigned)

WILLIAMSON, Leslie Murray→
secretary · appointed 1999-01-20
View their other companies + combined net worth →
Active
WILLIAMSON, Leslie Murray→
director · ~79y · appointed 1999-01-20
View their other companies + combined net worth →
Active
REID, Brian→
nominee-secretary · appointed 1998-05-15 · resigned 1998-05-15
Resigned
BEATTIE, Robert Stuart→
director · ~80y · appointed 1999-01-25 · resigned 2001-10-04
Resigned
COCKER, Martha Ferrie→
director · ~82y · appointed 1999-01-25 · resigned 2001-10-04
Resigned
MABBOTT, Stephen→
nominee-director · ~76y · appointed 1998-05-15 · resigned 1998-05-15
Resigned
MCWILLIAMS, John Macfarlane→
director · ~84y · appointed 1999-01-25 · resigned 2003-01-31
Resigned
WILLIAMSON, Frances→
director · ~82y · appointed 1999-01-01 · resigned 2002-09-30
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property23/02/199916/09/2025

Recent filings (83 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-17
mortgage-satisfy-charge-full
mortgage · MR04
2025-09-16
gazette-filings-brought-up-to-date
gazette · DISS40
2025-08-20
gazette-notice-compulsory
gazette · GAZ1
2025-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-06-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-07
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-10