DAVIDSONS MARINE & INDUSTRIAL PAINTERS LTD.
🌳Matureactive
SC245245 · ltd · incorporated 2003-03-07
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 May 2025
Net worth
£1.03M
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Painting
Sector: Construction
Investor take
PursueActive trading company with a 70-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 57/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
4 live charges · 3 lenders · oldest 22.9y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 22.9 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Cashflow trend is negative — lender view likely cautious.
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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 4 with DOB)
81
Ownership & PSC
3 active PSC(s) of 4 total, 4 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
75 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 declaredPositive net assets
Net assets £1,025,836
Cash draining
Cash down 65% YoY
Cash YoY
-65%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£22k
↓ 65% YoY
Net Worth
£1.0m
~ YoY
Current Assets
£630k
↓ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £1.07M | £1.11M |
| Current assets | £630.4k | £726.1k |
| Cash | £21.5k | £61.5k |
| Debtors | £506.1k | £607.3k |
| Net assets | £1.03M | £1.02M |
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 confirmation-statement
Last 90 days
4
filings
- • 3 officers
- • 1 confirmation-statement
Last 180 days
5
filings
- • 3 officers
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
- 2026-03-18📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-17📄change-person-director-company-with-change-dateofficers · CH01
- 2026-03-17📄change-person-director-company-with-change-dateofficers · CH01
- 2025-12-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2025-07-07📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-07-03🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 2024-12-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-11-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-09-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-12📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2023-09-12📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2022-08-01📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-09-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-12-10📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2014-06-25➕DAVIDSON, Alexander appointeddirector
- 2014-06-25➖DAVIDSON, Alexander resigneddirector
- 2012-03-08➕DAVIDSON, Bruce appointeddirector
- 2012-03-08➕DAVIDSON, Alexander appointeddirector
- 2010-01-07🔒Charge registered #3Lender: Royal Bank of Scotland PLC
- 2009-07-14🔒Charge registered #2Lender: Shanks Waste Management Limited
- 2003-06-18🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2003-03-07🏢Company incorporatedAs DAVIDSONS MARINE & INDUSTRIAL PAINTERS LTD.
- 2003-03-07➕DAVIDSON, Linda appointedsecretary
- 2003-03-07➕DAVIDSON, Bruce appointeddirector
- 2003-03-07➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-03-07➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-03-07➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-03-07➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
98/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Founder name in company name: Company name contains director surname "DAVIDSON" — strong identity link between founder and business.
- +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
90/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 23 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
cleanNo red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)
Shareholders & ownership
3 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Bruce Davidson Individual · British · DOB 02/1980 · age 46 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/06/2017 |
Mr Alexander Davidson Individual · British · DOB 08/1984 · age 42 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 01/06/2017 |
Mr Bruce Davidson Individual · British · DOB 03/1956 · age 70 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Linda Davidsonceased 01/06/2017· 25-50% shares
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 · Construction · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CUNNINGHAM PLASTERING LTD→ SC357878 · est 2009 · no financials extracted | — | — | — | — | 17y | — | — |
| CW ACCESS LTD→ SC851313 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| D COWIE PLUMBING & HEATING LTD→ SC727927 · est 2022 · no financials extracted | — | — | — | — | 4y | — | — |
| D. & S. PROPERTIES ABERDEEN LTD.→ SC228991 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| D.S.C. NORTH LIMITED→ SC193336 · est 1999 · no financials extracted | — | — | — | — | 27y | — | — |
| DEESIDE PLUMBING AND HEATING LTD→ SC606663 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| DEVREV JOINERY LTD→ SC866486 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DIAMOND PROPERTY DEVELOPMENTS -78 QR LTD→ SC757552 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| DIVERSITY ENERGY SOLUTIONS LTD→ SC545423 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| DM JOINERY LTD→ SC866600 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| DON-CLAD LTD→ SC621241 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| DONE BY TOMEK LTD→ SC771351 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
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
Incorporated2003-03-07
Jurisdictionscotland
Primary SIC43341 — Painting
Registered office
The
Seagate
Peterhead
Aberdeenshire
AB42 1JP
Filing status
Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11
Officers (4 active · 3 resigned)
Active
DAVIDSON, Alexander→
Activedirector · ~42y · appointed 2014-06-25
View their other companies + combined net worth →
DAVIDSON, Bruce→
Activedirector · ~46y · appointed 2012-03-08
View their other companies + combined net worth →
DAVIDSON, Bruce→
Activedirector · ~70y · appointed 2003-03-07
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-03-07 · resigned 2003-03-07
DAVIDSON, Alexander→
Resigneddirector · ~42y · appointed 2012-03-08 · resigned 2014-06-25
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2003-03-07 · resigned 2003-03-07
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 03/07/2025 | — | |
| outstanding | Lloyds Banking Group Royal Bank of Scotland PLC | Standard security | 1 property | 07/01/2010 | — | |
| outstanding | Shanks Waste Management Shanks Waste Management Limited | Standard security | 1 property | 14/07/2009 | — | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 18/06/2003 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (75 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-04
change-person-director-company-with-change-date
officers · CH01
2026-03-18
change-person-director-company-with-change-date
officers · CH01
2026-03-17
change-person-director-company-with-change-date
officers · CH01
2026-03-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-07-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-05
confirmation-statement-with-updates
confirmation-statement · CS01
2024-04-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-22
confirmation-statement-with-updates
confirmation-statement · CS01
2023-09-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-09-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-09-12
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-27