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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Sept 2024
Net worth
£16.9k
book net assets
Opportunity
76/100
Strong
What this business does
Primary activity: SIC 33170
Sector: Manufacturing
Investor take
PursueAsset-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 accountsCash
—
Net Worth
£17k
↓ 90% YoY
Current Assets
£218k
↓ 38% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2024-09-30 | 2023-09-30 |
|---|---|---|
| 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
- 2025-05-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-05-07📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-05-07📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-06-14📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-01-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-06-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-06-28📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-12-29📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2021-04-18📄accounts-with-accounts-type-dormantaccounts · AA
- 2019-11-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2018-12-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2017-03-31🏢Company incorporatedAs RR GLASGOW LIMITED
- 2017-03-31➕SCHONEVILLE, Graeme appointeddirector
- 2017-03-31➕SCHONEVILLE, Kenneth appointeddirector
- 2017-03-31📄incorporation-companyincorporation · NEWINC
Owner dependency
86/100
Critical — business is the founderThe 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 signalMultiple 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
cleanNo 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%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Graeme Schoneville Individual · Scottish · DOB 04/1986 · age 40 | 75–100% | — | 75-100% shares | 01/05/2025 |
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.
Similar companies
Active · Manufacturing · ML postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NEXTDAYTEE LTD→ SC801107 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| ODOUR GUARD BAGS LTD→ SC848214 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PASCOE ENGINEERING LTD.→ SC273327 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
| RAPIDFORM 3D LIMITED→ SC880876 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| REEKIE LTD→ SC542442 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| RME ELECTRICAL CONTRACTORS LTD→ SC379795 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| RS MOTORSPORT BY ROBERT STUART LTD→ SC673533 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| S GALLAGHER JOINERY LTD→ SC744702 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
| SALTIRE LIFT SERVICES LTD→ SC463630 · est 2013 · no financials extracted | — | — | — | — | 12y | — | — |
| SANY HEAVY MACHINERY (UK) LTD→ SC656507 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| SCOBBIE CAMPERS LTD→ SC699961 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| SCOTTECH LIMITED→ SC275344 · est 2004 · no financials extracted | — | — | — | — | 21y | — | — |
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: 2026-05-21
Last: 2025-05-07
Officers (2 active · 0 resigned)
SCHONEVILLE, Graeme→
Activedirector · ~40y · appointed 2017-03-31
View their other companies + combined net worth →
SCHONEVILLE, Kenneth→
Activedirector · ~71y · appointed 2017-03-31
View their other companies + combined net worth →
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