RSD GLASS WORKS LIMITED

🌳Matureactive
SC282519 · ltd · incorporated 2005-04-01
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 9.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£78.6k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: Glazing
Sector: Construction
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 66). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 9.1y

85/100
ready

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

  • · Oldest live charge is 9.1 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (4 active, 5 linked, 4 with DOB)
86
Ownership & PSC
3 active PSC(s) of 3 total, 3 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
63 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £78,568
Net assets shrinking
Down £83,398 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£79k
↓ 51% YoY
Current Assets
£168k
↓ 22% YoY
Current Liabilities
—
£0£43k£87k£130k£174k£217kApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-04-302024-04-30
Total assets£151.8k£250.6k
Current assets£168.4k£216.9k
Net assets£78.6k£162.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
1
filing
  • • 1 confirmation-statement
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2026-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-01-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-01-19
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-04-27
    ➕
    BAIRD, Derek appointed
    director
  5. 2023-04-27
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2023-04-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2023-04-27
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2023-01-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2022-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-04-19
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  11. 2021-04-16
    ➖
    BAIRD, Derek resigned
    director
  12. 2021-04-16
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2020-01-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2019-01-13
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2018-02-22
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2018-02-09
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  17. 2018-01-12
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  18. 2017-03-29
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  19. 2005-04-01
    🏢
    Company incorporated
    As RSD GLASS WORKS LIMITED
  20. 2005-04-01
    ➕
    BLACKLEY, Stuart appointed
    secretary
  21. 2005-04-01
    ➕
    BLACKLEY, Stuart appointed
    director
  22. 2005-04-01
    ➕
    HAMILTON, Robert appointed
    director
  23. 2005-04-01
    ➕
    BAIRD, Derek appointed
    director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

80/100
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 66. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 21 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

3 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Derek Baird
Individual · British · DOB 06/1978 · age 48
25–50%
—25-50% shares27/04/2023
Mr Stuart Blackley
Individual · British · DOB 01/1980 · age 46
25–50%
—25-50% shares27/04/2023
Mr Robert Hamilton
Individual · British · DOB 08/1960 · age 66
25–50%
—25-50% shares06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated2005-04-01
Jurisdictionscotland
Primary SIC43342 — Glazing

Registered office

5 Fyne Avenue
Righead Industrial Estate
Bellshill
Lanarkshire
ML4 3LJ
Scotland

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-05-10
Last: 2026-04-26

Officers (4 active · 1 resigned)

BLACKLEY, Stuart→
secretary · appointed 2005-04-01
View their other companies + combined net worth →
Active
BAIRD, Derek→
director · ~48y · appointed 2023-04-27
View their other companies + combined net worth →
Active
BLACKLEY, Stuart→
director · ~46y · appointed 2005-04-01
View their other companies + combined net worth →
Active
HAMILTON, Robert→
director · ~66y · appointed 2005-04-01
View their other companies + combined net worth →
Active
BAIRD, Derek→
director · ~48y · appointed 2005-04-01 · resigned 2021-04-16
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property09/02/2018—
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—29/03/2017—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (63 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-28
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-30
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-19
appoint-person-director-company-with-name-date
officers · AP01
2023-04-27
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-27
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2023-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-20
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-25
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-20