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.

Why now

Window steady · low confidence

Stable recent picture — watch for any upcoming trigger event.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 5.1y old — refinance window within 12 months

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

—

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 5.1y

85/100

ready

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

· Oldest live charge is 5.1 years old — likely at or near maturity.
· 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

50 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

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-05-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
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
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 →

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7 specific questions generated from this company's actual signals — liquidity, leverage, director age, charge count, red flags, age-of-company.

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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: 2027-12-31

Last made up to: 2026-03-31

Confirmation statement

Next due: 2026-10-22

Last: 2025-10-08