RUSSEL + AITKEN (FALKIRK + ALLOA) LTD

🏛️Establishedactive
SC616224 · ltd · incorporated 2018-12-14
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 5.4y 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 Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
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What this business does
Primary activity: Solicitors
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 79/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 5.4y

85/100
ready

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

  • · Oldest live charge is 5.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

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
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
23 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
65
Adequate — check latest filings for context.
Acquirability
75
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Average employees232500

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 (25 events)Click to expand
  1. 2025-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-09-15
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  3. 2025-09-15
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-09-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  5. 2025-08-29
    ➖
    BONNAR, Philip Peter resigned
    director
  6. 2024-12-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-12-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-03-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2022-11-10
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-10-31
    ➖
    SAVAGE, James Francis resigned
    director
  11. 2022-04-01
    ➕
    CONVERY, Marc appointed
    director
  12. 2022-04-01
    ➕
    BONNAR, Philip Peter appointed
    director
  13. 2022-04-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2022-04-01
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2021-03-05
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  16. 2021-03-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  17. 2021-03-05
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2021-02-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2021-02-05
    🔒
    Charge registered #1
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  20. 2019-03-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  21. 2018-12-14
    🏢
    Company incorporated
    As RUSSEL + AITKEN (FALKIRK + ALLOA) LTD
  22. 2018-12-14
    ➕
    MCLACHLAN, Karen Elizabeth appointed
    secretary
  23. 2018-12-14
    ➕
    MCLACHLAN, Karen Elizabeth appointed
    director
  24. 2018-12-14
    ➕
    SAVAGE, James Francis appointed
    director
  25. 2018-12-14
    📄
    incorporation-company
    incorporation · NEWINC

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.
  • +Senior director age: Director aged approximately 58 — approaching natural succession window.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 58. Early succession window.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Karen Elizabeth Mclachlan
Individual · British · DOB 06/1968 · age 58
25–50%
25–50%25-50% shares · 25-50% voting14/12/2018
Mr James Francis Savage
Individual · British · DOB 07/1956 · age 70
25–50%
25–50%25-50% shares · 25-50% voting14/12/2018

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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£3.56M
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——3125y8375y
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——15419y8475y
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——6027y8349y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

6 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
Incorporated2018-12-14
Jurisdictionscotland
Primary SIC69102 — Solicitors

Registered office

Unit 5 The Courtyard
Callendar Business Park
Falkirk
FK1 1XR
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-12-27
Last: 2025-12-13

Officers (3 active · 2 resigned)

MCLACHLAN, Karen Elizabeth→
secretary · appointed 2018-12-14
View their other companies + combined net worth →
Active
CONVERY, Marc→
director · ~38y · appointed 2022-04-01
View their other companies + combined net worth →
Active
MCLACHLAN, Karen Elizabeth→
director · ~58y · appointed 2018-12-14
View their other companies + combined net worth →
Active
BONNAR, Philip Peter→
director · ~41y · appointed 2022-04-01 · resigned 2025-08-29
Resigned
SAVAGE, James Francis→
director · ~70y · appointed 2018-12-14 · resigned 2022-10-31
Resigned

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—05/02/2021—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (23 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-09-15
change-person-director-company-with-change-date
officers · CH01
2025-09-15
termination-director-company-with-name-termination-date
officers · TM01
2025-09-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-22
termination-director-company-with-name-termination-date
officers · TM01
2022-11-10
appoint-person-director-company-with-name-date
officers · AP01
2022-04-01
appoint-person-director-company-with-name-date
officers · AP01
2022-04-01
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-15