RS ELECTRICS SCOTLAND LTD
🏛️Establishedactive
SC697050 · ltd · incorporated 2021-04-27
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 Apr 2025
Net worth
£139.3k
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 33140
Sector: Manufacturing
ALSO REGISTERED FOR
- 43210Electrical installation
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. 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 (58/100).
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, 2 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 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
11 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £139,268
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£139k
Current Assets
£402k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £139.3k | — |
| Current assets | £401.7k | — |
| Net assets | £139.3k | — |
| Average employees | — | -200 |
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
1
filing
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
- 2026-01-26📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-07-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-08-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-03-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-02-15📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2022-09-13📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-04-27🏢Company incorporatedAs RS ELECTRICS SCOTLAND LTD
- 2021-04-27➕SMILLIE, Ryan Alexander appointeddirector
- 2021-04-27➕SMILLIE, Shereen appointeddirector
- 2021-04-27📄incorporation-companyincorporation · NEWINC
Owner dependency
71/100
High — earn-out structure requiredMaterial 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.
- +No director turnover: Company is 5 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited 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
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 Ryan Alexander Smillie Individual · British · DOB 05/1987 · age 39 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 27/04/2021 |
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 | — | — |
| RS MOTORSPORT BY ROBERT STUART LTD→ SC673533 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| 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 | — | — |
| SCPHG LTD→ SC867512 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| SEATING SOLUTIONS LTD→ SC308812 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| SEIDO PERFORMANCE LTD→ SC730109 · est 2022 · no financials extracted | — | — | — | — | 3y | — | — |
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
Incorporated2021-04-27
Jurisdictionscotland
Primary SIC33140 — SIC 33140
Registered office
11 Avonside Meadows
Floors Farm
Strathaven
ML10 6TA
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-05-10
Last: 2025-04-26
Officers (2 active · 0 resigned)
SMILLIE, Ryan Alexander→
Activedirector · ~39y · appointed 2021-04-27
View their other companies + combined net worth →
SMILLIE, Shereen→
Activedirector · ~38y · appointed 2021-04-27
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (11 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2026-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-05-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-26
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-09
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-01
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2023-02-15
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-13
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-05-10
incorporation-company
incorporation · NEWINC
2021-04-27