LSR ENGINEERING LIMITED

💤Zombieactive
SC756397 · ltd · incorporated 2023-01-24
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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
not disclosed
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 75/100 (strong), bankability 70/100. Strong seller-intent signal (60/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (55/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
1 officers (1 active, 1 linked, 1 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
10 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
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.

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 (8 events)Click to expand
  1. 2026-03-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-25
    📄
    capital-allotment-shares
    capital · SH01
  3. 2024-10-25
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2024-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-08-13
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  6. 2023-01-24
    🏢
    Company incorporated
    As LSR ENGINEERING LIMITED
  7. 2023-01-24
    RITCHIE, Colin Barclay appointed
    director
  8. 2023-01-24
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

90/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
Colin Barclay Ritchie
Individual · British · DOB 08/1958 · age 68
75100%
75–100%75-100% shares · 75-100% voting24/01/2023

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

9 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.

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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.

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Company details

Statusactive
Typeltd
Incorporated2023-01-24
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

Lsr Engineering
Orchardbank Industrial Estate
Forfar
Angus
DD8 1TD
United Kingdom

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16

Officers (1 active · 0 resigned)

RITCHIE, Colin Barclay
director · ~68y · appointed 2023-01-24
View their other companies + combined net worth →
Active

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

Recent filings (10 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-17
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-10
capital-allotment-shares
capital · SH01
2024-10-25
resolution
resolution · RESOLUTIONS
2024-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-21
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-24
change-account-reference-date-company-current-extended
accounts · AA01
2023-08-13
incorporation-company
incorporation · NEWINC
2023-01-24