REID HYDRAULIC SERVICES LIMITED

🌳Matureactive

SC231422 · ltd · incorporated 2002-05-13

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 12.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Other engineering activities

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 12.5y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 12.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (76/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

64 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Average employees	500	500

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

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-12-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-11-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-04-13
📄
appoint-person-director-company-with-name-date
officers · AP01
2017-03-31
➕
REID, Heather appointed
director
2016-12-20
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-04
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-04
📄
change-person-director-company-with-change-date
officers · CH01
2015-06-04
📄
change-person-secretary-company-with-change-date
officers · CH03
2014-04-28
🔓
Charge satisfied #1
2013-11-13
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2002-05-13
🏢
Company incorporated
As REID HYDRAULIC SERVICES LIMITED
2002-05-13
➕
REID, Heather appointed
secretary
2002-05-13
➕
REID, Neil Douglas Fraser appointed
director
2002-05-13
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2002-05-13
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2002-05-13
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
2002-05-13
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

99/100

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 name in company name: Company name contains director surname "REID" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 62 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100

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 62. Early succession window.
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 24 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Neil Douglas Fraser Reid Individual · British · DOB 08/1964 · age 62	50–75%	—	50-75% shares	01/05/2017

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

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DEEP TEK LIMITED→ SC191642 · est 1998	—	—	—	200	27y	82	68y
DOUGLAS J. MARTIN & CO. (SCOTLAND) LIMITED→ SC297521 · est 2006	—	—	£35.1k	—	20y	82	70y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2002-05-13

Jurisdictionscotland

Primary SIC71129 — Other engineering activities

Registered office

Woodside Of Kinnell

Kinnell

Arbroath

Angus

DD11 4UF

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-05-27

Last: 2025-05-13

Officers (3 active · 2 resigned)

REID, Heather→

secretary · appointed 2002-05-13

View their other companies + combined net worth →

Active

REID, Heather→

director · ~58y · appointed 2017-03-31

View their other companies + combined net worth →

Active

REID, Neil Douglas Fraser→

director · ~62y · appointed 2002-05-13

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2002-05-13 · resigned 2002-05-13

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 2002-05-13 · resigned 2002-05-13

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	13/11/2013	28/04/2014