REEKIE MANUFACTURING LTD

🌳Matureactive
SC529342 · ltd · incorporated 2016-03-10
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 5.3y 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
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: SIC 28302
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (68/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 5.3y

85/100
ready

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

  • · Oldest live charge is 5.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
28 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
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31
Average employees200200

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-08-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-01-25
    📄
    memorandum-articles
    incorporation · MA
  5. 2023-01-25
    📄
    resolution
    resolution · RESOLUTIONS
  6. 2022-11-10
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2022-11-09
    ➕
    BAXTER, John William Fergusson appointed
    director
  8. 2022-07-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-03-02
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2021-02-26
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  12. 2020-09-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2019-12-10
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2019-11-11
    📄
    capital-allotment-shares
    capital · SH01
  15. 2019-09-27
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2018-08-07
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2017-09-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2016-03-10
    🏢
    Company incorporated
    As REEKIE MANUFACTURING LTD
  19. 2016-03-10
    ➕
    REEKIE, Paul Neil James Simon appointed
    director

Owner dependency

93/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "REEKIE" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 75 — succession pressure is live.
  • +No director turnover: Company is 10 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

71/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 75 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

Reekie Engineering Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Reekie Engineering Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
REEKIE MANUFACTURING LTD
This company · SC529342

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Reekie Engineering Limited
Corporate entity
75–100%
—75-100% shares01/10/2019
Mr Paul Neil James Simon Reekie
Individual · British · DOB 03/1956 · age 70
75–100%
—75-100% shares06/04/2016

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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——1190049y8590y
ABERDEEN JOURNALS LIMITED→
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£10.04M–£15.77M
——14397y8576y
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£21.01M—940093y8762y
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——530017y8774y
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——7128y8460y
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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
Incorporated2016-03-10
Jurisdictionscotland
Primary SIC28302 — SIC 28302

Registered office

Reekie Buildings
Baden-Powell Road
Arbroath
DD11 3LS
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-23
Last: 2025-12-09

Officers (2 active · 0 resigned)

BAXTER, John William Fergusson→
director · ~75y · appointed 2022-11-09
View their other companies + combined net worth →
Active
REEKIE, Paul Neil James Simon→
director · ~70y · appointed 2016-03-10
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—26/02/2021—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (28 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-29
memorandum-articles
incorporation · MA
2023-01-25
resolution
resolution · RESOLUTIONS
2023-01-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-12
appoint-person-director-company-with-name-date
officers · AP01
2022-11-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-24
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2021-03-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-07