RED STONE DRILLING LIMITED

🌳Matureactive
SC302687 · ltd · incorporated 2006-05-23
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
—
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
Pursue
Active trading company with a 60-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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
Confirmed no charges registered
85
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
58 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0May 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-05-312024-05-31
Average employees2200

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
0
filings
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
  1. 2026-01-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-02-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-02-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2020-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-09-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2020-02-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-05-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2019-05-25
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  11. 2019-01-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-01-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-06-26
    📄
    change-person-director-company-with-change-date
    officers · CH01
  14. 2017-01-20
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-06-27
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2016-03-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2016-02-29
    ➕
    ARDILA ALBARRAN, Katherine appointed
    director
  18. 2008-10-01
    ➖
    HARROLD, Derek John resigned
    director
  19. 2006-09-25
    ➕
    HARROLD, Derek John appointed
    director
  20. 2006-05-23
    🏢
    Company incorporated
    As RED STONE DRILLING LIMITED
  21. 2006-05-23
    ➕
    ARDILA ALBARRAN, Katherine appointed
    secretary
  22. 2006-05-23
    ➕
    BENNING, Harold appointed
    director
  23. 2006-05-23
    ➕
    HOGG JOHNSTON SECRETARIES LTD. appointed
    corporate-secretary
  24. 2006-05-23
    ➖
    HOGG JOHNSTON SECRETARIES LTD. resigned
    corporate-secretary
  25. 2006-05-23
    ➕
    HOGG JOHNSTON DIRECTORS LTD. appointed
    corporate-director
  26. 2006-05-23
    ➖
    HOGG JOHNSTON DIRECTORS LTD. resigned
    corporate-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 20 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 20 years.
  • 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Harold Benning
Individual · Dutch · DOB 02/1966 · age 60
25–50%
—25-50% shares23/05/2016

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

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
Incorporated2006-05-23
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

East Mains Of Drum
Drumoak
Banchory
Kincardineshire
AB31 5AN

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-06
Last: 2025-05-23

Officers (3 active · 3 resigned)

ARDILA ALBARRAN, Katherine→
secretary · appointed 2006-05-23
View their other companies + combined net worth →
Active
ARDILA ALBARRAN, Katherine→
director · ~54y · appointed 2016-02-29
View their other companies + combined net worth →
Active
BENNING, Harold→
director · ~60y · appointed 2006-05-23
View their other companies + combined net worth →
Active
HOGG JOHNSTON SECRETARIES LTD.→
corporate-secretary · appointed 2006-05-23 · resigned 2006-05-23
Resigned
HARROLD, Derek John→
director · ~49y · appointed 2006-09-25 · resigned 2008-10-01
Resigned
HOGG JOHNSTON DIRECTORS LTD.→
corporate-director · appointed 2006-05-23 · resigned 2006-05-23
Resigned

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

Recent filings (58 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-01-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-28
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-26
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-08
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-25
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-18
change-person-director-company-with-change-date
officers · CH01
2020-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-01
accounts-with-accounts-type-micro-entity
accounts · AA
2020-02-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-05-25