RESYS ENGINEERING SERVICES LTD

🌳Matureactive
SC338656 · ltd · incorporated 2008-02-29
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£1.20M
book net assets
Opportunity
76/100
Strong
🔔
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What this business does
Primary activity: SIC 28120
Sector: Manufacturing
ALSO REGISTERED FOR
  • 71129Other engineering activities
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 76/100 (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: strategic trade sale (63/100).

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, 2 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, 2 with DOB)
78
Ownership & PSC
0 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
55 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
65
Some acquirability indicators.
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 £1,199,535
Cash YoY
+614%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£1.1m
↑ 614% YoY
Net Worth
£1.2m
↑ 68% YoY
Current Assets
£1.3m
↑ 63% YoY
Current Liabilities
—
£0£255k£510k£764k£1.0m£1.3mMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£1.20M£720.5k
Current assets£1.27M£780.5k
Cash£1.09M£152.9k
Debtors£98.0k£393.2k
Net assets£1.20M£712.0k

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 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-02-27
    📄
    notification-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC08
  3. 2025-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2025-02-27
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-11-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-11-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-12-05
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-03-07
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-10-18
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2008-02-29
    🏢
    Company incorporated
    As RESYS ENGINEERING SERVICES LTD
  17. 2008-02-29
    ➕
    FORSYTH, Nigel appointed
    secretary
  18. 2008-02-29
    ➕
    FORSYTH, Nigel appointed
    director
  19. 2008-02-29
    ➕
    MASSON, Calum Andrew appointed
    director
  20. 2008-02-29
    ➕
    HOGG JOHNSTON SECRETARIES LTD. appointed
    corporate-secretary
  21. 2008-02-29
    ➖
    HOGG JOHNSTON SECRETARIES LTD. resigned
    corporate-secretary
  22. 2008-02-29
    ➕
    HOGG JOHNSTON DIRECTORS LTD. appointed
    corporate-director
  23. 2008-02-29
    ➖
    HOGG JOHNSTON DIRECTORS LTD. resigned
    corporate-director

Owner dependency

68/100
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 18 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

59/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 18 years.
  • secondaryStable-but-static management: Company is 18 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.)

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——023y8370y
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
Incorporated2008-02-29
Jurisdictionscotland
Primary SIC28120 — SIC 28120

Registered office

Office 7 Oldmeldrum Business Centre Colpy Way, Colpy Road Industrial Estate
Oldmeldrum
Inverurie
Aberdeenshire
AB51 0BZ
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-14
Last: 2026-02-28

Officers (3 active · 2 resigned)

FORSYTH, Nigel→
secretary · appointed 2008-02-29
View their other companies + combined net worth →
Active
FORSYTH, Nigel→
director · ~56y · appointed 2008-02-29
View their other companies + combined net worth →
Active
MASSON, Calum Andrew→
director · ~56y · appointed 2008-02-29
View their other companies + combined net worth →
Active
HOGG JOHNSTON SECRETARIES LTD.→
corporate-secretary · appointed 2008-02-29 · resigned 2008-02-29
Resigned
HOGG JOHNSTON DIRECTORS LTD.→
corporate-director · appointed 2008-02-29 · resigned 2008-02-29
Resigned

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

Recent filings (55 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-05
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2025-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-27
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-22