DAVID REID LIMITED

🌳Matureactive

SC292994 · ltd · incorporated 2005-11-10

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.5y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2025

Net worth

£11.1k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 33190

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 11.5y

85/100

ready

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

· Oldest live charge is 11.5 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

1 connected companies via shared directors

Filing history

52 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £11,077

Net assets shrinking

Down £16,744 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£11k

↓ 60% YoY

Current Assets

£14k

↓ 33% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-10-31	2024-10-31
Total assets	£15.2k	£42.0k
Current assets	£14.5k	£21.7k
Cash	—	£1.1k
Debtors	£14.5k	£20.6k
Net assets	£11.1k	£27.8k

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

filings

Last 90 days

filings

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-01-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-24
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-02-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-04-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-01-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-25
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-21
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-11-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-04-16
📄
mortgage-satisfy-charge-full
mortgage · MR04
2015-04-16
🔓
Charge satisfied #1
2015-03-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-12-08
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-10-31
🔒
Charge registered #1
Lender: Aldermore Bank PLC
2005-11-10
🏢
Company incorporated
As DAVID REID LIMITED
2005-11-10
➕
REID, Marlyne appointed
secretary
2005-11-10
➕
REID, Marlyne appointed
director
2005-11-10
➕
REID, Steven Ian appointed
director
2005-11-10
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
2005-11-10
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
2005-11-10
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
2005-11-10
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

100/100

Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+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 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 67 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 67. 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 20 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 20 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Steven Ian Reid Individual · British · DOB 10/1959 · age 67	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016
Mrs Marlyne Reid Individual · British · DOB 04/1964 · age 62	25–50%	25–50%	25-50% shares · 25-50% voting	06/04/2016

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 →

Similar companies

Active · Manufacturing · DG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EWART ENGINEERING LIMITED→ SC049122 · est 1971	£1.94M £1.51M–£2.37M	£8.54M	—	7900	54y	87	62y
COCHRAN SERVICES LTD→ SC379462 · est 2010 · no financials extracted	—	—	—	—	15y	83	70y
H & I ENGINEERING LIMITED→ SC053292 · est 1973	—	—	—	2900	52y	83	81y
HODDAM CONTRACTING COMPANY LIMITED→ SC033012 · est 1958	—	—	—	48	68y	83	60y
JAMES GORDON LIMITED→ SC293893 · est 2005	—	—	£7.20M	—	20y	83	76y
A & G KING TIMBER LIMITED→ SC198132 · est 1999	—	—	£7.80M	—	26y	82	84y
CASTLE TECHNOLOGIES (STRANRAER) LIMITED→ SC377099 · est 2010	—	—	—	12	16y	82	58y
JAMES SMITH FENCING LIMITED→ SC486484 · est 2014 · no financials extracted	—	—	—	—	11y	—	—
KERR TIMBER PRODUCTS LIMITED→ SC055579 · est 1974 · no financials extracted	—	—	—	—	51y	—	—
PTS (SCOTLAND) LIMITED→ SC266414 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
RINGFORD MOTOR SERVICES LIMITED→ SC273731 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
SABLEY LTD→ SC486343 · est 2014 · no financials extracted	—	—	—	—	11y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2005-11-10

Jurisdictionscotland

Primary SIC33190 — SIC 33190

Registered office

West Cluden Mill

Irongray

Dumfries

DG2 9UW

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2026-11-24

Last: 2025-11-10

Officers (3 active · 2 resigned)

REID, Marlyne→

secretary · appointed 2005-11-10

View their other companies + combined net worth →

Active

REID, Marlyne→

director · ~62y · appointed 2005-11-10

View their other companies + combined net worth →

Active

REID, Steven Ian→

director · ~67y · appointed 2005-11-10

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 2005-11-10 · resigned 2005-11-10

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 2005-11-10 · resigned 2005-11-10

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Aldermore Aldermore Bank PLC	A registered charge	—	31/10/2014	16/04/2015