LRM TRADING LTD

🌳Matureactive
SC285556 · ltd · incorporated 2005-06-01
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
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
£228.3k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: SIC 10310
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
Confirmed no charges registered
85
Directors & officers
5 officers (3 active, 5 linked, 3 with DOB)
82
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
54 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £228,277
Cash YoY
-12%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£32k
↓ 12% YoY
Net Worth
£228k
↑ 2.1% YoY
Current Assets
£68k
↓ 8.1% YoY
Current Liabilities
—
£0£46k£91k£137k£183k£228kMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£236.3k£234.2k
Current assets£68.0k£73.9k
Cash£32.0k£36.1k
Debtors£3.8k£5.4k
Net assets£228.3k£223.6k

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
0
filings
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  3. 2025-06-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2025-06-11
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2025-06-11
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2025-06-11
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-06-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2025-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2024-11-01
    ➕
    MANSON, Catriona Ailsa appointed
    director
  10. 2024-11-01
    ➕
    MILLER, Rosenda Leslie appointed
    director
  11. 2024-10-31
    ➖
    MACLEAN, Leslie Ross resigned
    director
  12. 2023-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2023-02-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-02-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-12-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-02-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2016-11-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2005-06-01
    🏢
    Company incorporated
    As LRM TRADING LTD
  21. 2005-06-01
    ➕
    MANSON, Catriona Ailsa appointed
    secretary
  22. 2005-06-01
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  23. 2005-06-01
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  24. 2005-06-01
    ➕
    MACLEAN, Leslie Ross appointed
    director

Owner dependency

66/100
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.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Catriona Ailsa Manson
Individual · Scottish · DOB 01/1971 · age 55
25–50%
—25-50% shares01/11/2024
Mrs Rosenda Leslie Miller
Individual · Scottish · DOB 07/1967 · age 59
25–50%
—25-50% shares01/11/2024
1 historic (ceased) PSC
  • Mr Leslie Ross Macleanceased 31/10/2024· significant influence · trust interest · firm interest

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Typeltd
Incorporated2005-06-01
Jurisdictionscotland
Primary SIC10310 — SIC 10310

Registered office

7a Brabster Street
Thurso
KW14 7AP

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-10
Last: 2025-05-27

Officers (3 active · 2 resigned)

MANSON, Catriona Ailsa→
secretary · appointed 2005-06-01
View their other companies + combined net worth →
Active
MANSON, Catriona Ailsa→
director · ~55y · appointed 2024-11-01
View their other companies + combined net worth →
Active
MILLER, Rosenda Leslie→
director · ~59y · appointed 2024-11-01
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2005-06-01 · resigned 2005-06-01
Resigned
MACLEAN, Leslie Ross→
director · ~89y · appointed 2005-06-01 · resigned 2024-10-31
Resigned

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

Recent filings (54 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-26
confirmation-statement-with-updates
confirmation-statement · CS01
2025-06-11
appoint-person-director-company-with-name-date
officers · AP01
2025-06-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-11
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-06-11
termination-director-company-with-name-termination-date
officers · TM01
2025-06-11
appoint-person-director-company-with-name-date
officers · AP01
2025-06-11
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-11
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28