RCA LETTINGS LIMITED

⚰️Wound downliquidation
SC543320 · ltd · incorporated 2016-08-22
Investment thesis
Company liquidation — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2024
Net worth
book net assets
Opportunity
37/100
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What this business does
Primary activity: Retail sale of clothing in specialised stores
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed unclear — structural issues outweigh the discount.

Opportunity 37/100 (watch), bankability 20/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: distressed disposal / insolvency (65/100). Current lenders should be on immediate intervention.

Data confidence

Overall: medium (72/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
26 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
37/100Watch
PassWatchWorth a lookStrongExceptional 

Not actionable now, but monitor — distressed, succession, or structural changes could flip this into a real opportunity.

Business quality
0
Concerning — overdue filings or status flags present.
Acquirability
55
Some acquirability indicators.
Risk profile
31
Multiple red flags — proceed with caution.
Signal strength
90
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-01-31
Average employees1500

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

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 (23 events)Click to expand
  1. 2025-08-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-08-14
    📄
    resolution
    resolution · RESOLUTIONS
  3. 2024-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-02-05
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  5. 2023-08-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2023-08-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2023-06-13
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2023-05-31
    MCLAUGHLIN, Craig Patrick resigned
    director
  9. 2023-02-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2023-02-03
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2022-04-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2021-04-22
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  13. 2021-02-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2021-02-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2021-02-15
    📄
    withdrawal-of-a-person-with-significant-control-statement
    persons-with-significant-control · PSC09
  16. 2020-05-01
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2019-04-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2018-04-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  19. 2016-08-22
    🏢
    Company incorporated
    As RCA LETTINGS LIMITED
  20. 2016-08-22
    MCLAUGHLIN, Richard appointed
    secretary
  21. 2016-08-22
    MCLAUGHLIN, Adam appointed
    director
  22. 2016-08-22
    MCLAUGHLIN, Richard James appointed
    director
  23. 2016-08-22
    MCLAUGHLIN, Craig Patrick appointed
    director

Owner dependency

66/100
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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

3 high ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2025-10-31

Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2025-09-04

Company in liquidation
high

Company is actively being wound up. Not a going concern.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Adam Mclaughlin
Individual · British · DOB 04/1980 · age 46
2550%
25-50% shares01/08/2023
Mr Richard James Mclaughlin
Individual · British · DOB 06/1974 · age 52
2550%
25–50%board control25-50% shares · 25-50% voting · board control · trust interest · firm interest15/02/2021
1 historic (ceased) PSC
  • Mr Craig Patrick Mclaughlinceased 01/08/2023· 25-50% shares · 25-50% voting · board control · trust interest · firm interest

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

11 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 →
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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.

Available from the Pro tier upwards.

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Company details

Statusliquidation
Typeltd
Incorporated2016-08-22
Jurisdictionscotland
Primary SIC47710 — Retail sale of clothing in specialised stores

Registered office

C/O Begbies Traynor (Central) Llp
River
West Victoria Dock Road
Dundee
DD1 3JT

Filing status

Accounts
Next due: 2025-10-31OVERDUE
Last made up to: 2024-01-31
Confirmation statement
Next due: 2025-09-04OVERDUE
Last: 2024-08-21

Officers (3 active · 1 resigned)

MCLAUGHLIN, Richard
secretary · appointed 2016-08-22
View their other companies + combined net worth →
Active
MCLAUGHLIN, Adam
director · ~46y · appointed 2016-08-22
View their other companies + combined net worth →
Active
MCLAUGHLIN, Richard James
director · ~52y · appointed 2016-08-22
View their other companies + combined net worth →
Active
MCLAUGHLIN, Craig Patrick
director · ~50y · appointed 2016-08-22 · resigned 2023-05-31
Resigned

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

Recent filings (26 total)

change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-15
resolution
resolution · RESOLUTIONS
2025-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-09-03
change-account-reference-date-company-previous-extended
accounts · AA01
2024-02-05
confirmation-statement-with-updates
confirmation-statement · CS01
2023-08-24
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-08-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-24
termination-director-company-with-name-termination-date
officers · TM01
2023-06-13
accounts-with-accounts-type-dormant
accounts · AA
2023-02-03
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-02-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-22
accounts-with-accounts-type-dormant
accounts · AA
2022-04-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-24
accounts-with-accounts-type-dormant
accounts · AA
2021-04-22