THE RED SOCK LAUNDERETTE AND CLEANING SERVICES LTD
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (76/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Key financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-05-31 | 2024-05-31 |
|---|---|---|
| Total assets | £22.0k | £29.2k |
| Current assets | £23.2k | £38.3k |
| Net assets | £16.7k | £20.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
- • 2 officers
- • 2 persons-with-significant-control
- • 1 confirmation-statement
Corporate timeline (20 events)Click to expand
- 2026-04-24➕REID, Rebecca Kate appointeddirector
- 2026-04-24➖REID, Rebecca Kate resigneddirector
- 2026-04-24📄appoint-person-director-company-with-name-dateofficers · AP01
- 2026-04-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2026-04-24📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2026-04-24📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-23📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-02-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-02-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-10📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-03-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-02-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-01-22📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2016-12-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2016-03-29📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2010-03-16🏢Company incorporatedAs THE RED SOCK LAUNDERETTE AND CLEANING SERVICES LTD
- 2010-03-16➕REID, Rebecca Kate appointedsecretary
- 2010-03-16➕REID, Rebecca Kate appointeddirector
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
cleanShareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Rebecca Kate Reid Individual · British · DOB 06/1967 · age 59 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 24/04/2026 |
1 historic (ceased) PSC
- Ms Rebecca Kate Reidceased 24/04/2026· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Trade services · PH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CHARLES CONNELL & COMPANY LIMITED→ SC028024 · est 1950 | £25.00M £18.75M–£31.26M | — | — | 200 | 75y | 84 | 64y |
| CABERFEIDH HORIZONS→ SC274347 · est 2004 · no financials extracted | — | — | — | — | 21y | 83 | 79y |
| EPSCO LIMITED→ SC140759 · est 1992 | — | — | — | 2100 | 33y | 83 | 74y |
| KISHORN PORT LIMITED→ SC350620 · est 2008 | — | — | £2.54M | — | 17y | 83 | 78y |
| LOCHABER HOUSING ASSOCIATION PROPERTY SERVICES C.I.C.→ SC365453 · est 2009 · no financials extracted | — | — | — | — | 16y | 83 | 84y |
| PRIORITY MANAGEMENT (GLASGOW) LIMITED→ SC173423 · est 1997 | — | — | £853.4k | — | 29y | 83 | 60y |
| THE BATHROOM COMPANY (PERTH) LIMITED→ SC256721 · est 2003 | — | — | — | 3000 | 22y | 83 | 67y |
| ALLAN INGRAM INDUSTRIAL CLEANING SERVICES LTD.→ SC276324 · est 2004 | — | — | £886.3k | — | 21y | 82 | 77y |
| CHISHOLM'S RECOVERY SPECIALISTS LIMITED→ SC251410 · est 2003 | — | — | — | 500 | 22y | 82 | 62y |
| D. & T. CAMPBELL (MEIGLE) LIMITED→ SC047602 · est 1970 | — | — | — | 2 | 55y | 82 | 89y |
| DENHEAD FARMS LIMITED→ SC298268 · est 2006 | — | — | £3.12M | — | 20y | 82 | 60y |
| THE SECRET SALON LIMITED→ SC824777 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
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 →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
Registered office
Filing status
Officers (2 active · 1 resigned)
Click a director name to see their full track record across all companies.