RDA SCAFFOLDING LIMITED

🌳Matureactive
SC268168 · ltd · incorporated 2004-05-20
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 Oct 2024
Net worth
£816.2k
book net assets
Opportunity
80/100
Exceptional
🔔
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: Scaffold erection
Sector: Construction
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 67/100. Strong seller-intent signal (80/100, director aged 63). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 5 lenders · oldest 21.8y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 21.8 years old — likely at or near maturity.
  • · 5 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: medium (78/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
83 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £816,180
Cash YoY
-28%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£68k
↓ 28% YoY
Net Worth
£816k
↑ 36% YoY
Current Assets
£792k
↑ 2.5% YoY
Current Liabilities
—
£0£163k£326k£490k£653k£816kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£1.09M£1.28M
Current assets£792.4k£773.4k
Cash£67.6k£94.5k
Debtors£724.8k£678.8k
Net assets£816.2k£598.2k

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
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (36 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-08-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-05-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2023-05-17
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2022-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-08-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-02-23
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2020-05-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-04-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-04-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-05-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2017-01-13
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2017-01-13
    🔓
    Charge satisfied #3
  15. 2016-11-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2016-11-14
    🔒
    Charge registered #5
    Lender: Ultimate Invoice Finance Limited
  17. 2016-11-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2016-11-12
    🔓
    Charge satisfied #4
  19. 2013-10-29
    🔒
    Charge registered #4
    Lender: Yorssas (Trustees) Limited, Robert Wilson Aitken and Jane Donna Aitken as Trustees of the Rda Scaffolding LTD Scheme
  20. 2013-08-20
    🔓
    Charge satisfied #2
  21. 2012-04-30
    🔒
    Charge registered #3
    Lender: Bibby Factors Limited
  22. 2010-12-22
    ➖
    MACDONALD, Roderick resigned
    director
  23. 2006-04-21
    🔓
    Charge satisfied #1
  24. 2006-02-27
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  25. 2004-07-22
    ➕
    FLEMING, Stuart George appointed
    secretary
  26. 2004-07-22
    ➖
    MACLAY MURRAY & SPENS LLP resigned
    corporate-nominee-secretary
  27. 2004-07-22
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  28. 2004-07-13
    ➕
    AITKEN, Robert Wilson appointed
    director
  29. 2004-07-13
    ➕
    FLEMING, Stuart George appointed
    director
  30. 2004-07-13
    ➕
    MACDONALD, Roderick appointed
    director
  31. 2004-07-13
    ➖
    VINDEX LIMITED resigned
    corporate-nominee-director
  32. 2004-07-13
    ➖
    VINDEX SERVICES LIMITED resigned
    corporate-nominee-director
  33. 2004-05-20
    🏢
    Company incorporated
    As RDA SCAFFOLDING LIMITED
  34. 2004-05-20
    ➕
    MACLAY MURRAY & SPENS LLP appointed
    corporate-nominee-secretary
  35. 2004-05-20
    ➕
    VINDEX LIMITED appointed
    corporate-nominee-director
  36. 2004-05-20
    ➕
    VINDEX SERVICES LIMITED appointed
    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 22 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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.

Shareholders & ownership

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Jane Donna Aitken
Individual · British · DOB 02/1964 · age 62
25–50%
25–50%25-50% shares · 25-50% voting23/02/2021
Mr Robert Wilson Aitken
Individual · British · DOB 06/1963 · age 63
25–50%
—25-50% shares20/05/2017
Mr Stuart George Fleming
Individual · British · DOB 03/1969 · age 57
——sig. influencesignificant influence20/05/2017

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 · G postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
SEAN SIMS JOINERY AND BUILDING LIMITED→
SC754333 · est 2023 · no financials extracted
————3y——
SECYORUK LIMITED→
SC837083 · est 2025 · no financials extracted
————1y——
SEESAW ST ANDREWS LIMITED→
SC674440 · est 2020 · no financials extracted
————5y——
SETTLE IN PROPERTIES LTD→
SC805444 · est 2024 · no financials extracted
————2y——
SEVERINO PROJECTS LIMITED→
SC700016 · est 2021 · no financials extracted
————4y——
SHEDDEN ROPE SERVICES LTD→
SC578000 · est 2017 · no financials extracted
————8y——
SHOCKINGLY FRESH HOLDINGS LIMITED→
SC700063 · est 2021 · no financials extracted
————4y——
SIMON WILSON TESTING LIMITED→
SC717136 · est 2021 · no financials extracted
————4y——
SIMPSON CONTRACTORS LTD→
SC856456 · est 2025 · no financials extracted
———————
SKB GLASGOW LTD→
SC776179 · est 2023 · no financials extracted
————2y——
SKE1 LTD→
SC811262 · est 2024 · no financials extracted
————1y——
SKETCH AND DESIGN LIMITED→
SC755636 · est 2023 · no financials extracted
————3y——
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
Incorporated2004-05-20
Jurisdictionscotland
Primary SIC43991 — Scaffold erection

Registered office

Rda Scaffolding Ltd Ashley Drive
Bothwell
Glasgow
G71 8BS
Scotland

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2027-05-11
Last: 2026-04-27

Officers (3 active · 4 resigned)

FLEMING, Stuart George→
secretary · appointed 2004-07-22
View their other companies + combined net worth →
Active
AITKEN, Robert Wilson→
director · ~63y · appointed 2004-07-13
View their other companies + combined net worth →
Active
FLEMING, Stuart George→
director · ~57y · appointed 2004-07-13
View their other companies + combined net worth →
Active
MACLAY MURRAY & SPENS LLP→
corporate-nominee-secretary · appointed 2004-05-20 · resigned 2004-07-22
Resigned
MACDONALD, Roderick→
director · ~66y · appointed 2004-07-13 · resigned 2010-12-22
Resigned
VINDEX LIMITED→
corporate-nominee-director · appointed 2004-05-20 · resigned 2004-07-13
Resigned
VINDEX SERVICES LIMITED→
corporate-nominee-director · appointed 2004-05-20 · resigned 2004-07-13
Resigned

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

Mortgages & charges

5
Total charges
1
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Ultimate Invoice Finance
Ultimate Invoice Finance Limited
A registered charge1 property14/11/2016—
satisfied
Yorssas (Trustees) , Robert Wilson Aitken and Jane Donna Aitken as Trustees of the Rda Scaffolding Scheme
Yorssas (Trustees) Limited, Robert Wilson Aitken and Jane Donna Aitken as Trustees of the Rda Scaffolding LTD Scheme
A registered charge1 property29/10/201312/11/2016
satisfied
Bibby Financial Services
Bibby Factors Limited
Floating charge1 property30/04/201213/01/2017
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property27/02/200620/08/2013
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Floating charge1 property22/07/200421/04/2006
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (83 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-10
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-17
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-05-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-05-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-02-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-22