REID OFFICE LIMITED
⚰️Wound downdissolved
SC254602 · ltd · incorporated 2003-08-21
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
Why now
Window closing · medium confidence
Getting harder to buy cheaply — 2 signals strengthening over the last 30 days.
- · Hygiene score: 85 → 90
- · PSC count: 0 → 2
What changed my view
Last 30 days
Picture improved over the last 30 days — 2 positive signals vs 0 negative.
- ↑Hygiene score: 85 → 90
- ↑PSC count: 0 → 2
Last 90 days
No snapshot from 90 days ago — start tracking from today.
Last 180 days
No snapshot from 180 days ago — start tracking from today.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2020
Net worth
—
book net assets
Opportunity
63/100
Worth a look
What this business does
Primary activity: Other retail sale not in stores, stalls or markets
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 63/100 (worth a look), bankability 70/100. Strong seller-intent signal (78/100, director aged 78). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (71/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
60 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
63/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
30
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2020-04-30 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (33 events)Click to expand
- 2022-02-08📄gazette-dissolved-voluntarygazette · GAZ2(A)
- 2022-02-08🏁Company dissolved
- 2021-11-23📄gazette-notice-voluntarygazette · GAZ1(A)
- 2021-11-12📄dissolution-application-strike-off-companydissolution · DS01
- 2021-09-24📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-09-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-03-02📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-10-16📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2019-08-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-10-11📄dissolution-withdrawal-application-strike-off-companydissolution · DS02
- 2018-08-21📄gazette-notice-voluntarygazette · GAZ1(A)
- 2018-08-15📄dissolution-application-strike-off-companydissolution · DS01
- 2018-07-23📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-09-19➖DRYMEN ROAD COMPANY SECRETARIES LIMITED resignedcorporate-secretary
- 2017-09-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2017-08-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-01-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-08-24📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-08-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-11-06📄accounts-with-accounts-type-dormantaccounts · AA
- 2014-08-21📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-10-15📄accounts-with-accounts-type-groupaccounts · AA
- 2007-03-09➖JOHNSTONE, Ian James resignedsecretary
- 2007-03-09➕DRYMEN ROAD COMPANY SECRETARIES LIMITED appointedcorporate-secretary
- 2007-03-09➖JOHNSTONE, Ian James resigneddirector
- 2004-03-09➕JOHNSTONE, Ian James appointedsecretary
- 2003-08-21🏢Company incorporatedAs REID OFFICE LIMITED
- 2003-08-21➕REID, John Robertson appointeddirector
- 2003-08-21➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-08-21➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-08-21➕JOHNSTONE, Ian James appointeddirector
- 2003-08-21➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-08-21➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
100/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +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 23 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 78 — succession pressure is live.
Succession & seller-readiness
100/100
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 78 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 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
1 high ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2022-02-08
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Robertson Reid Individual · British · DOB 01/1948 · age 78 | 75–100% | 75–100% | sig. influence75-100% shares · 75-100% voting · significant influence | 01/07/2016 |
Mr Cosmo Innes Reid Individual · British · DOB 04/1979 · age 47 | — | — | sig. influencesignificant influence | 19/07/2019 |
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 · Retail · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| COWAL BUILDING & PLUMBING SUPPLIES LIMITED→ SC080544 · est 1982 | £199.8k £149.9k–£249.8k | — | — | 74 | 43y | 85 | 75y |
| CAMPBELLS OF ISLAY LTD→ SC630925 · est 2019 | £21.5k £16.1k–£26.9k | — | — | 800 | 7y | 88 | 37y |
| GUITAR GUITAR LIMITED→ SC247523 · est 2003 · no financials extracted | — | — | — | — | 23y | 83 | 75y |
| INVERCOAST LIMITED→ SC273412 · est 2004 | — | — | — | 85 | 21y | 83 | 59y |
| ALDERGREEN LIMITED→ SC391318 · est 2011 | — | — | — | 2 | 15y | 82 | 59y |
| ANGELLINE (SCOTLAND) LTD.→ SC385592 · est 2010 | — | — | — | 0 | 15y | 82 | 61y |
| ARMYCHAP LIMITED→ SC274762 · est 2004 | — | — | — | 0 | 21y | 82 | 61y |
| BLAIRMORE HERITAGE LIMITED→ SC263059 · est 2004 | — | — | £35.6k | — | 22y | 82 | 72y |
| BOWMORE FILLING STATION LIMITED→ SC259944 · est 2003 | — | — | £208.8k | — | 22y | 82 | 64y |
| CLYDE PHARMACY LIMITED→ SC273095 · est 2004 | — | — | — | 11 | 21y | 82 | 61y |
| COMMERCIAL & INDUSTRIAL CLEANING SUPPLIES LIMITED→ SC292909 · est 2005 · no financials extracted | — | — | — | — | 20y | 82 | 62y |
| DALLAS CARPETS SCOTLAND LTD.→ SC239903 · est 2002 | — | — | £467.7k | — | 23y | 82 | 60y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Statusdissolved
Typeltd
Incorporated2003-08-21
Jurisdictionscotland
Primary SIC47990 — Other retail sale not in stores, stalls or markets
Registered office
Titanium 1 Kings Inch Place
Renfrew
PA4 8WF
Filing status
Accounts
Next due: —
Last made up to: 2021-04-30
Confirmation statement
Next due: —
Last: —
Officers (0 active · 5 resigned)
REID, John Robertson→
Activedirector · ~78y · appointed 2003-08-21
View their other companies + combined net worth →
JOHNSTONE, Ian James→
Resignedsecretary · appointed 2004-03-09 · resigned 2007-03-09
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2003-08-21 · resigned 2003-08-21
DRYMEN ROAD COMPANY SECRETARIES LIMITED→
Resignedcorporate-secretary · appointed 2007-03-09 · resigned 2017-09-19
JOHNSTONE, Ian James→
Resigneddirector · ~64y · appointed 2003-08-21 · resigned 2007-03-09
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2003-08-21 · resigned 2003-08-21
Click a director name to see their full track record across all companies.
Recent filings (60 total)
gazette-dissolved-voluntary
gazette · GAZ2(A)
2022-02-08
gazette-notice-voluntary
gazette · GAZ1(A)
2021-11-23
dissolution-application-strike-off-company
dissolution · DS01
2021-11-12
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-09-24
accounts-with-accounts-type-dormant
accounts · AA
2021-09-22
accounts-with-accounts-type-dormant
accounts · AA
2021-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-10-22
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-10-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-08-26
accounts-with-accounts-type-dormant
accounts · AA
2019-08-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-10-30
dissolution-withdrawal-application-strike-off-company
dissolution · DS02
2018-10-11
gazette-notice-voluntary
gazette · GAZ1(A)
2018-08-21
dissolution-application-strike-off-company
dissolution · DS01
2018-08-15
accounts-with-accounts-type-dormant
accounts · AA
2018-07-23