RR GLASGOW LIMITED

🏛️Establishedactive
SC562181 · ltd · incorporated 2017-03-31
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.
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 Sept 2024
Net worth
£16.9k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 33170
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (78/100)

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
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
21 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
Acquirability
70
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 · FRS 105 (micro)
Positive net assets
Net assets £16,921
Net assets shrinking
Down £158,590 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£17k
↓ 90% YoY
Current Assets
£218k
↓ 38% YoY
Current Liabilities
—
£0£70k£141k£211k£282k£352kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-09-302023-09-30
Total assets£16.9k£175.5k
Current assets£217.7k£352.0k
Net assets£16.9k£175.5k

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (15 events)Click to expand
  1. 2025-05-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-07
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-05-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  4. 2024-06-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2024-01-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-06-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-06-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-12-29
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  9. 2021-04-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2019-11-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2018-12-11
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  12. 2017-03-31
    🏢
    Company incorporated
    As RR GLASGOW LIMITED
  13. 2017-03-31
    ➕
    SCHONEVILLE, Graeme appointed
    director
  14. 2017-03-31
    ➕
    SCHONEVILLE, Kenneth appointed
    director
  15. 2017-03-31
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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 age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Graeme Schoneville
Individual · Scottish · DOB 04/1986 · age 40
75–100%
—75-100% shares01/05/2025
1 historic (ceased) PSC
  • Mr Kenneth Schonevilleceased 01/05/2025· 25-50% shares

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2017-03-31
Jurisdictionscotland
Primary SIC33170 — SIC 33170

Registered office

118 High Street
Lanark
ML11 7ES
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2027-06-15
Last: 2026-06-01

Officers (2 active · 0 resigned)

SCHONEVILLE, Graeme→
director · ~40y · appointed 2017-03-31
View their other companies + combined net worth →
Active
SCHONEVILLE, Kenneth→
director · ~71y · appointed 2017-03-31
View their other companies + combined net worth →
Active

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

Recent filings (21 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-14
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-05-07
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-11
accounts-with-accounts-type-micro-entity
accounts · AA
2024-06-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-06-28
change-account-reference-date-company-previous-extended
accounts · AA01
2021-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-24
accounts-with-accounts-type-dormant
accounts · AA
2021-04-18
confirmation-statement-with-updates
confirmation-statement · CS01
2020-11-09