LEX PRODUCTS LIMITED

🌳Matureactive
SC440744 · ltd · incorporated 2013-01-21
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
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 Dec 2024
Net worth
£682.6k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 75/100. Strong seller-intent signal (68/100, director aged 67). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -78% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (79/100)

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
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
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 £682,582
Net assets shrinking
Down £106,684 YoY
Cash draining
Cash down 78% YoY
Cash YoY
-78%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£109k
↓ 78% YoY
Net Worth
£683k
↓ 14% YoY
Current Assets
Current Liabilities
£0£158k£316k£474k£631k£789kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Cash£108.8k£505.2k
Net assets£682.6k£789.3k

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
1
filing
  • 1 confirmation-statement
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (24 events)Click to expand
  1. 2025-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-24
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2023-06-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  6. 2023-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  7. 2022-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2021-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2020-07-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-05-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-12-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  13. 2017-12-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2017-12-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2017-12-05
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  16. 2017-07-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2014-01-13
    FURY, Douglas resigned
    director
  18. 2014-01-13
    SCALA, Michael Vincent resigned
    director
  19. 2013-01-22
    LUTHER, Robert appointed
    director
  20. 2013-01-22
    SCALA, Michael Vincent appointed
    director
  21. 2013-01-21
    🏢
    Company incorporated
    As LEX PRODUCTS LIMITED
  22. 2013-01-21
    GORDON, Keith Forbes appointed
    secretary
  23. 2013-01-21
    GORDON, Keith Forbes appointed
    director
  24. 2013-01-21
    FURY, Douglas appointed
    director

Owner dependency

73/100
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.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 13 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.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Ten 47 Limited
Corporate parent · holds 25-50% shares
significant stake
🏛️
Lex Products Corp
Corporate parent · holds 25-50% shares
significant stake
LEX PRODUCTS LIMITED
This company · SC440744

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Ten 47 Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
Lex Products Corp
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting06/04/2016
1 historic (ceased) PSC
  • Mr Keith Forbes Gordonceased 07/04/2016· 75-100% shares

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

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 →
🔒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
Incorporated2013-01-21
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

Unit 2b Frances Industrial Park
Wemyss Road, Dysart
Kirkcaldy
Fife
KY1 2XZ

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-02-04
Last: 2026-01-21

Officers (3 active · 2 resigned)

GORDON, Keith Forbes
secretary · appointed 2013-01-21
View their other companies + combined net worth →
Active
GORDON, Keith Forbes
director · ~61y · appointed 2013-01-21
View their other companies + combined net worth →
Active
LUTHER, Robert
director · ~67y · appointed 2013-01-22
View their other companies + combined net worth →
Active
FURY, Douglas
director · ~64y · appointed 2013-01-21 · resigned 2014-01-13
Resigned
SCALA, Michael Vincent
director · ~51y · appointed 2013-01-22 · resigned 2014-01-13
Resigned

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

Recent filings (40 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-04-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-16
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-27
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-24
change-person-director-company-with-change-date
officers · CH01
2024-01-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-02-06
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2023-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-07-27