LIVINGSTON PRECISION (ENGINEERING) LIMITED

🌳Matureactive
SC222611 · ltd · incorporated 2001-08-29
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
—
not disclosed
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 74-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (93/100, director aged 74). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

7 live charges · 6 lenders · oldest 24.6y

35/100
too messy

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

  • · Oldest live charge is 24.6 years old — likely at or near maturity.
  • · 6 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
12 officers (2 active, 12 linked, 9 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
13 connected companies via shared directors
84
Filing history
108 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.

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 (52 events)Click to expand
  1. 2025-10-08
    📄
    accounts-with-accounts-type-full
    accounts · AA
  2. 2025-09-12
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-10-03
    📄
    accounts-with-accounts-type-full
    accounts · AA
  4. 2024-02-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2024-02-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2023-09-07
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2022-07-05
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2021-12-14
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  9. 2021-12-14
    🔓
    Charge satisfied #6
  10. 2021-06-11
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2021-06-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2021-06-08
    🔓
    Charge satisfied #7
  13. 2020-12-31
    📄
    accounts-with-accounts-type-full
    accounts · AA
  14. 2019-05-22
    📄
    accounts-with-accounts-type-full
    accounts · AA
  15. 2018-04-18
    📄
    accounts-with-accounts-type-full
    accounts · AA
  16. 2017-11-08
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  17. 2017-09-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2016-11-03
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  19. 2016-06-22
    ➕
    SCOTT, Stephen James appointed
    director
  20. 2016-06-22
    ➖
    BRODIES SECRETARIAL SERVICES LIMITED resigned
    corporate-secretary
  21. 2016-06-22
    ➖
    GRANT, Diane Karen resigned
    director
  22. 2016-06-22
    ➖
    JAMIESON, Betty Ann resigned
    director
  23. 2016-06-22
    ➖
    JAMIESON, Brian resigned
    director
  24. 2016-06-22
    🔒
    Charge registered #7
    Lender: Pnc Business Credit a Trading Style of Pnc Financial Services UK LTD
  25. 2016-06-22
    🔒
    Charge registered #6
    Lender: James Jamieson
  26. 2016-06-22
    🔒
    Charge registered #5
    Lender: Corpacq Limited
  27. 2013-02-12
    ➕
    GRANT, Diane Karen appointed
    director
  28. 2013-02-12
    ➕
    JAMIESON, Brian appointed
    director
  29. 2008-10-30
    🔓
    Charge satisfied #4
  30. 2008-10-01
    🔓
    Charge satisfied #2
  31. 2008-09-25
    🔓
    Charge satisfied #3
  32. 2003-05-12
    🔒
    Charge registered #4
    Lender: West Lothian Council
  33. 2003-05-12
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  34. 2002-12-19
    🔒
    Charge registered #2
    Lender: The Governor and Company of the Bank of Scotland
  35. 2002-06-28
    🔓
    Charge satisfied #1
  36. 2002-06-24
    ➕
    JAMIESON, James appointed
    director
  37. 2002-06-24
    ➖
    KREIDER, Stephen Maynard resigned
    secretary
  38. 2002-06-24
    ➕
    BRODIES SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  39. 2002-06-24
    ➖
    GLASGOW, Alistair William resigned
    director
  40. 2002-06-24
    ➕
    JAMIESON, Betty Ann appointed
    director
  41. 2002-05-30
    ➕
    KREIDER, Stephen Maynard appointed
    secretary
  42. 2002-05-30
    ➖
    D.W. COMPANY SERVICES LIMITED resigned
    corporate-nominee-secretary
  43. 2002-05-30
    ➕
    GLASGOW, Alistair William appointed
    director
  44. 2002-05-11
    ➖
    BURTON, Thomas Roy resigned
    director
  45. 2002-03-08
    ➖
    DIGESUALDO, Antonio J resigned
    director
  46. 2002-03-08
    ➖
    HUMPHRIES, J Brent resigned
    director
  47. 2001-10-05
    ➕
    BURTON, Thomas Roy appointed
    director
  48. 2001-10-05
    ➕
    HUMPHRIES, J Brent appointed
    director
  49. 2001-09-28
    🔒
    Charge registered #1
    Lender: Coraza Systems Inc
  50. 2001-08-29
    🏢
    Company incorporated
    As LIVINGSTON PRECISION (ENGINEERING) LIMITED
Showing most recent 50 of 52 events

Owner dependency

83/100
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 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 74 — succession pressure is live.

Succession & seller-readiness

96/100
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 74 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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.

Group structure

The Flexible Manufacturing Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
The Flexible Manufacturing Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
⬇
LIVINGSTON PRECISION (ENGINEERING) LIMITED
This company · SC222611

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
The Flexible Manufacturing Group Limited
Corporate entity
75–100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016
1 historic (ceased) PSC
  • Mr Simon Sebastian Orangeceased 20/02/2024· significant influence

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 →

Similar companies

Active · Manufacturing · EH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
M PLUS LIVINGSTON LIMITED→
SC881913 · est 2026 · no financials extracted
———————
MCSQUARED PRINTERS LIMITED→
SC643348 · est 2019 · no financials extracted
————6y——
MEHCO PETROLEUM SERVICES LIMITED→
SC606082 · est 2018 · no financials extracted
————7y——
MEMBRANE SENSOR SYSTEMS LIMITED→
SC752585 · est 2022 · no financials extracted
————3y——
MEMSSTAR LIMITED→
SC240229 · est 2002 · no financials extracted
————23y——
METERTECH LTD→
SC666060 · est 2020 · no financials extracted
————5y——
MICRO ELECTRONIC MACHINE ASSEMBLY LTD→
SC615761 · est 2018 · no financials extracted
————7y——
MODULEX SCOTLAND LTD→
SC748383 · est 2022 · no financials extracted
————3y——
MONKEY BARREL RECORDS LTD→
SC658526 · est 2020 · no financials extracted
————6y——
MOO AND YOO LTD→
SC584480 · est 2017 · no financials extracted
————8y——
MORTON MIXERS LIMITED→
SC544411 · est 2016 · no financials extracted
————9y——
MOTO CARBON INNOVATION LTD→
SC665592 · est 2020 · no financials extracted
————5y——
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
Incorporated2001-08-29
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

28 Firth Road
Houston Industrial Estate
Livingston
EH54 5DJ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-09-12
Last: 2025-08-29

Officers (2 active · 10 resigned)

JAMIESON, James→
director · ~74y · appointed 2002-06-24
View their other companies + combined net worth →
Active
SCOTT, Stephen James→
director · ~48y · appointed 2016-06-22
View their other companies + combined net worth →
Active
KREIDER, Stephen Maynard→
secretary · appointed 2002-05-30 · resigned 2002-06-24
Resigned
BRODIES SECRETARIAL SERVICES LIMITED→
corporate-secretary · appointed 2002-06-24 · resigned 2016-06-22
Resigned
D.W. COMPANY SERVICES LIMITED→
corporate-nominee-secretary · appointed 2001-08-29 · resigned 2002-05-30
Resigned
BURTON, Thomas Roy→
director · ~79y · appointed 2001-10-05 · resigned 2002-05-11
Resigned
DIGESUALDO, Antonio J→
director · ~56y · appointed 2001-08-29 · resigned 2002-03-08
Resigned
GLASGOW, Alistair William→
director · ~66y · appointed 2002-05-30 · resigned 2002-06-24
Resigned
GRANT, Diane Karen→
director · ~48y · appointed 2013-02-12 · resigned 2016-06-22
Resigned
HUMPHRIES, J Brent→
director · ~58y · appointed 2001-10-05 · resigned 2002-03-08
Resigned
JAMIESON, Betty Ann→
director · ~75y · appointed 2002-06-24 · resigned 2016-06-22
Resigned
JAMIESON, Brian→
director · ~51y · appointed 2013-02-12 · resigned 2016-06-22
Resigned

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

Mortgages & charges

7
Total charges
1
Outstanding
1
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
satisfied
Pnc Business Credit a Trading Style of Pnc Financial Services UK
Pnc Business Credit a Trading Style of Pnc Financial Services UK LTD
A registered charge1 property22/06/201608/06/2021
satisfied
James Jamieson
A registered charge—22/06/201614/12/2021
outstanding
Corpacq
Corpacq Limited
A registered charge—22/06/2016—
satisfied
West Lothian Council
Standard security1 property12/05/200330/10/2008
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property12/05/200325/09/2008
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property19/12/200201/10/2008
satisfied
Coraza Systems
Coraza Systems Inc
Floating charge1 property28/09/200128/06/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (108 total)

accounts-with-accounts-type-full
accounts · AA
2025-10-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-12
change-person-director-company-with-change-date
officers · CH01
2025-09-12
accounts-with-accounts-type-full
accounts · AA
2024-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-02-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-02-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-11
accounts-with-accounts-type-full
accounts · AA
2023-09-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-09
accounts-with-accounts-type-full
accounts · AA
2022-07-05
mortgage-satisfy-charge-full
mortgage · MR04
2021-12-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-06
accounts-with-accounts-type-full
accounts · AA
2021-06-11
mortgage-satisfy-charge-full
mortgage · MR04
2021-06-08