RICHARDSON OILS UNLIMITED

🌳Matureactive
SC238121 · private-unlimited · incorporated 2002-10-14
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
not disclosed
Net worth
book net assets
Opportunity
81/100
Exceptional
🔔
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What this business does
Primary activity: SIC 38110
Sector: Water supply & waste
Investor take
Pursue
Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
12 officers (3 active, 12 linked, 7 with DOB)
82
Ownership & PSC
0 active PSC(s) of 1 total, 1 with control declared
90
Director network
14 connected companies via shared directors
87
Filing history
73 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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 (37 events)Click to expand
  1. 2023-12-07
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2023-11-28
    KENNY, Joseph Noel appointed
    director
  3. 2022-12-29
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  4. 2022-12-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2021-04-19
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  6. 2021-04-19
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  7. 2021-04-02
    JENNINGS, Janet appointed
    secretary
  8. 2021-04-02
    MCLAUGHLIN, John resigned
    secretary
  9. 2020-08-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2020-06-19
    BEHAN, Robert resigned
    director
  11. 2018-04-30
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  12. 2018-03-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  13. 2017-01-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  14. 2016-01-11
    📄
    accounts-with-accounts-type-small
    accounts · AA
  15. 2015-12-18
    ✏️
    reregistration-assent
    change-of-name · FOA-RR
  16. 2015-12-18
    ✏️
    reregistration-private-limited-to-private-unlimited-company
    change-of-name · RR05
  17. 2015-12-18
    ✏️
    certificate-re-registration-limited-to-unlimited
    change-of-name · CERT3
  18. 2015-12-18
    📄
    re-registration-memorandum-articles
    incorporation · MAR
  19. 2015-10-14
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  20. 2009-05-29
    HESKIN, Norman appointed
    director
  21. 2009-05-29
    IGOE, Vincent Francis resigned
    secretary
  22. 2009-05-29
    MCLAUGHLIN, John appointed
    secretary
  23. 2009-05-29
    BEHAN, Robert appointed
    director
  24. 2009-05-29
    IGOE, Kevin resigned
    director
  25. 2009-05-29
    IGOE, Roderick resigned
    director
  26. 2009-05-29
    IGOE, Vincent Francis resigned
    director
  27. 2003-11-01
    IGOE, James Richard Gerard resigned
    director
  28. 2003-11-01
    IGOE, Kevin appointed
    director
  29. 2003-11-01
    IGOE, Roderick appointed
    director
  30. 2002-10-14
    🏢
    Company incorporated
    As RICHARDSON OILS UNLIMITED
  31. 2002-10-14
    IGOE, Vincent Francis appointed
    secretary
  32. 2002-10-14
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  33. 2002-10-14
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  34. 2002-10-14
    IGOE, James Richard Gerard appointed
    director
  35. 2002-10-14
    IGOE, Vincent Francis appointed
    director
  36. 2002-10-14
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  37. 2002-10-14
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 17 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 17 years.
  • 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.)
🔒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

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
Typeprivate-unlimited
Incorporated2002-10-14
Jurisdictionscotland
Primary SIC38110 — SIC 38110

Registered office

Unit 6 Palacecraig Street
Coatbridge
North Lanarkshire
ML5 4RY

Filing status

Accounts
Next due:
Last made up to: 2016-03-27
Confirmation statement
Next due: 2026-10-28
Last: 2025-10-14

Officers (3 active · 9 resigned)

JENNINGS, Janet
secretary · appointed 2021-04-02
View their other companies + combined net worth →
Active
HESKIN, Norman
director · ~61y · appointed 2009-05-29
View their other companies + combined net worth →
Active
KENNY, Joseph Noel
director · ~57y · appointed 2023-11-28
View their other companies + combined net worth →
Active
IGOE, Vincent Francis
secretary · appointed 2002-10-14 · resigned 2009-05-29
Resigned
MCLAUGHLIN, John
secretary · appointed 2009-05-29 · resigned 2021-04-02
Resigned
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2002-10-14 · resigned 2002-10-14
Resigned
BEHAN, Robert
director · ~55y · appointed 2009-05-29 · resigned 2020-06-19
Resigned
IGOE, James Richard Gerard
director · ~61y · appointed 2002-10-14 · resigned 2003-11-01
Resigned
IGOE, Kevin
director · ~58y · appointed 2003-11-01 · resigned 2009-05-29
Resigned
IGOE, Roderick
director · ~50y · appointed 2003-11-01 · resigned 2009-05-29
Resigned
IGOE, Vincent Francis
director · ~54y · appointed 2002-10-14 · resigned 2009-05-29
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2002-10-14 · resigned 2002-10-14
Resigned

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

Recent filings (73 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
appoint-person-director-company-with-name-date
officers · AP01
2023-12-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2022-12-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-14
appoint-person-secretary-company-with-name-date
officers · AP03
2021-04-19
termination-secretary-company-with-name-termination-date
officers · TM02
2021-04-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-14
termination-director-company-with-name-termination-date
officers · TM01
2020-08-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-15
withdrawal-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC09
2018-04-30