L & M ENGINEERING (UK) LIMITED

🌳Matureactive

SC428479 · ltd · incorporated 2012-07-17

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 4.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

not disclosed

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Other engineering activities

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 78-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 78). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 4.9y

75/100

ready

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

· Charge age ~4.9 years — mid-life; refi window approaching.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (56/100)

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

No iXBRL financials extracted

Lenders & charges

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

Directors & officers

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

Ownership & PSC

0 active PSC(s) of 1 total, 1 with control declared

Director network

Network not yet resolved

Filing history

49 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2025-10-28
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-10-28
🔓
Charge satisfied #1
2025-06-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-04
📄
change-account-reference-date-company-current-extended
accounts · AA01
2022-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-19
📄
capital-allotment-shares
capital · SH01
2021-08-09
📄
notification-of-a-person-with-significant-control-statement
persons-with-significant-control · PSC08
2021-08-09
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-08-09
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2021-08-09
📄
capital-name-of-class-of-shares
capital · SH08
2021-08-09
📄
memorandum-articles
incorporation · MA
2021-08-09
📄
resolution
resolution · RESOLUTIONS
2021-06-10
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-06-03
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2021-01-12
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-07
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2012-07-17
🏢
Company incorporated
As L & M ENGINEERING (UK) LIMITED
2012-07-17
➕
HENRY, Steven appointed
director
2012-07-17
➕
LAURENSON, Alexander John appointed
director
2012-07-17
➕
LAURENSON, Irene Georgia appointed
director
2012-07-17
➕
LAURENSON, Steven Mark appointed
director
2012-07-17
➕
SMITH, Craig Gordon appointed
director

Owner dependency

63/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder age: Director aged approximately 78 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

primaryFounder aged 70+: Senior director is approximately 78 years old. Natural succession window is now.
secondary12+ year tenure: Director in role 14 years.
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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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.

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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.

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Company details

Statusactive

Typeltd

Incorporated2012-07-17

Jurisdictionscotland

Primary SIC71129 — Other engineering activities

Registered office

L&M Engineering Gremista Industrial Estate

Lerwick

Shetland

ZE1 0PX

Scotland

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2026-10-22

Last: 2025-10-08