REID TESTING LIMITED
Opportunity 66/100 (strong), bankability 55/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (53/100).
Data confidence
Overall: medium (79/100)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 · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-07-31 | 2023-07-31 |
|---|---|---|
| Total assets | £6.2k | £29.2k |
| Current assets | £2.9k | £29.7k |
| Net assets | £6.2k | £29.2k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
- • 2 persons-with-significant-control
- • 2 persons-with-significant-control
Corporate timeline (21 events)Click to expand
- 2026-02-10📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2026-02-10📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2025-10-11📄gazette-filings-brought-up-to-dategazette · DISS40
- 2025-10-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-09-30📄gazette-notice-compulsorygazette · GAZ1
- 2024-07-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-09📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-07-02📄gazette-notice-compulsorygazette · GAZ1
- 2023-07-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-11-17📄gazette-filings-brought-up-to-dategazette · DISS40
- 2022-11-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-09-27📄gazette-notice-compulsorygazette · GAZ1
- 2021-07-30📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-07-06📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-06-16➖REID, Catherine resigneddirector
- 2021-06-16📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-07-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2019-04-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-10-29➕REID, Alexander David appointeddirector
- 2016-07-27🏢Company incorporatedAs REID TESTING LIMITED
- 2016-07-27➕REID, Catherine 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.
- +Founder name in company name: Company name contains director surname "REID" — strong identity link between founder and business.
- +Founder age: Director aged approximately 68 — succession pressure is live.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
Red flags
1 high ·Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.
Evidence: Next due: 2026-04-30
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alexander David Reid Individual · Scottish · DOB 01/1958 · age 68 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control · trust interest | 09/02/2026 |
2 historic (ceased) PSCs
- Mr Alexander David Reidceased 09/02/2026· 25-50% shares
- Mrs Catherine Reidceased 26/07/2021· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
Active · Manufacturing · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| D. GEDDES (CONTRACTORS) LIMITED→ SC060200 · est 1976 | £16.59M £12.91M–£20.28M | — | — | 11900 | 49y | 85 | 90y |
| ABERDEEN JOURNALS LIMITED→ SC015256 · est 1928 | £12.91M £10.04M–£15.77M | — | — | 143 | 97y | 85 | 76y |
| SCOTT & FYFE LIMITED→ SC017244 · est 1933 | £9.33M £7.26M–£11.41M | £21.01M | — | 9400 | 93y | 87 | 62y |
| HALLEY STEVENSONS LTD→ SC211231 · est 2000 | £8.37M £6.51M–£10.23M | £10.37M | — | 5200 | 25y | 83 | 73y |
| PACSON LIMITED→ SC114098 · est 1988 | £7.17M £5.58M–£8.76M | £13.80M | — | 8700 | 37y | 93 | 59y |
| KINGDOM TIMBER ENGINEERING LIMITED→ SC344021 · est 2008 | £3.98M £3.09M–£4.86M | — | — | 5300 | 17y | 87 | 74y |
| HUTCHISON TECHNOLOGIES LIMITED→ SC176095 · est 1997 | £1.92M £1.49M–£2.35M | £15.44M | — | 12200 | 28y | 89 | 57y |
| BENTLEYS HOLDINGS LIMITED→ SC212699 · est 2000 | — | — | — | 0 | 25y | 83 | 71y |
| METALTECH UK LIMITED→ SC334096 · est 2007 | — | — | £345.4k | — | 18y | 83 | 62y |
| MONTROSE ROPE & SAIL COMPANY LIMITED→ SC246159 · est 2003 | — | — | — | 21 | 23y | 83 | 64y |
| TRAYNORROV LIMITED→ SC597667 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| UK DESIGN STUDIO LTD→ SC797780 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
10 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 (1 active · 1 resigned)
Click a director name to see their full track record across all companies.