DUTHIE & SON, LIMITED
🌳Matureactive
SC025302 · ltd · incorporated 1947-04-19
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 Dec 2024
Net worth
£1.84M
book net assets
Opportunity
74/100
Strong
What this business does
Primary activity: SIC 45310
Sector: Wholesale & retail
Investor take
PursueActive trading company. Family succession underway — not a classic acquisition target.
Opportunity 74/100 (strong), bankability 57/100. Same-surname younger director in place — likely family handover, not open to sale. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 5 lenders · oldest 51.1y
35/100
too messy
Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.
- · Oldest live charge is 51.1 years old — likely at or near maturity.
- · 5 lenders named — inter-creditor friction likely.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (73/100)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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 6 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
117 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
74
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,844,577
Key financials
1 year extracted from filed iXBRL accountsCash
—
Net Worth
£1.8m
Current Assets
£1.3m
Current Liabilities
—
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-12-31 |
|---|---|
| Total assets | £1.86M |
| Current assets | £1.27M |
| Net assets | £1.84M |
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
7
filings
- • 3 officers
- • 1 accounts
- • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (37 events)Click to expand
- 2026-04-09📄accounts-amended-with-accounts-type-micro-entityaccounts · AAMD
- 2026-02-25📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-25🔓Charge satisfied #12
- 2026-01-23📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2026-01-23📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-23📄change-person-director-company-with-change-dateofficers · CH01
- 2026-01-19📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2026-01-19📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2026-01-06➖PETERKINS resignedcorporate-secretary
- 2025-09-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-20📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-12-07📄gazette-filings-brought-up-to-dategazette · DISS40
- 2024-12-03📄gazette-notice-compulsorygazette · GAZ1
- 2024-10-24📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-10-17➖FAIRWEATHER, Norman Richard resigneddirector
- 2023-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-05-19📄appoint-person-director-company-with-name-dateofficers · AP01
- 2022-04-15➕INGLIS, Gillian Rachel appointeddirector
- 2022-04-15➕INGLIS, Greg Robert appointeddirector
- 2021-11-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-24📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2013-01-04➕FAIRWEATHER, Norman Richard appointeddirector
- 2011-08-24🔒Charge registered #13Lender: The Scottish Ministers
- 2003-10-13➖INGLIS, Marion Gertrude resigneddirector
- 1997-11-25➖SCOTT, John Alexander resignedsecretary
- 1997-11-25➕PETERKINS appointedcorporate-secretary
- 1994-11-01🔒Charge registered #12Lender: Clydesdale Bank Public Limited Company
- 1992-12-31➖INGLIS, Robert resigneddirector
- 1987-08-04🔒Charge registered #11Lender: P S a Wholesale LTD
- 1985-10-29🔓Charge satisfied #5
- 1985-04-01🔒Charge registered #7Lender: N W S Trust LTD
- 1981-05-18🔒Charge registered #5Lender: Lloyds and Scottish Trust LTD
- 1979-04-30🔒Charge registered #3Lender: Clydesdale Bank Public Limited Company
- 1975-06-19🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1947-04-19🏢Company incorporatedAs DUTHIE & SON, LIMITED
Owner dependency
73/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Founder age: Director aged approximately 67 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
20/100
No succession signalNo meaningful acquirability indicators from public data.
SIGNALS
- primaryFamily succession underway: Not a takeover target — INGLIS, Gillian Rachel (same surname) appointed 2022-04-15. Pattern consistent with intra-family handover.
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- secondaryStable-but-static management: Company is 79 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 med · 1 lowCharge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alistair Ogilvie Inglis Individual · British · DOB 10/1959 · age 67 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
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 →Similar companies
Active · Automotive · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| ANGUS TYRES LIMITED→ SC364816 · est 2009 | — | — | — | 35 | 16y | 83 | 86y |
| BALDOWRIE GARAGE LTD→ SC281548 · est 2005 | — | — | £37.2k | — | 21y | 82 | 69y |
| BILL STEPHEN MOTORS LIMITED→ SC235937 · est 2002 | — | — | — | 1200 | 23y | 82 | 70y |
| BRIDGE END GARAGE (MONTROSE) LIMITED→ SC380714 · est 2010 | — | — | £152.5k | — | 16y | 82 | 58y |
| DEALFINDER LIMITED→ SC075226 · est 1981 | — | — | £56.4k | — | 45y | 82 | 71y |
| DUNCAN MCINTOSH TRAILERS LIMITED→ SC314598 · est 2007 | — | — | £179.1k | — | 19y | 82 | 75y |
| EAST COAST SPRAY SHOP LTD→ SC365507 · est 2009 | — | — | — | 200 | 16y | 82 | 61y |
| I & G MOTORS LTD.→ SC224868 · est 2001 | — | — | £10.1k | — | 24y | 82 | 67y |
| JOHN MCGREGOR (BRO'TY) LIMITED→ SC244994 · est 2003 | — | — | — | 700 | 23y | 82 | 65y |
| T S TRANSPORT (SCOTLAND) LIMITED→ SC264403 · est 2004 | — | — | — | 1400 | 22y | 82 | 79y |
| THORNLEA (FORFAR) LIMITED→ SC177605 · est 1997 | — | — | £2.38M | — | 28y | 82 | 87y |
| GTM SERVICE LTD→ SC382951 · est 2010 | — | — | — | 4 | 15y | 81 | 77y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated1947-04-19
Jurisdictionscotland
Primary SIC45310 — SIC 45310
Registered office
10 Dunlin Crescent
Montrose
DD10 9FS
Scotland
Filing status
Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-01-14
Last: 2025-12-31
Officers (3 active · 5 resigned)
Active
INGLIS, Gillian Rachel→
Activedirector · ~32y · appointed 2022-04-15
View their other companies + combined net worth →
INGLIS, Greg Robert→
Activedirector · ~34y · appointed 2022-04-15
View their other companies + combined net worth →
SCOTT, John Alexander→
Resignedsecretary · resigned 1997-11-25
PETERKINS→
Resignedcorporate-secretary · appointed 1997-11-25 · resigned 2026-01-06
FAIRWEATHER, Norman Richard→
Resigneddirector · ~71y · appointed 2013-01-04 · resigned 2024-10-17
INGLIS, Marion Gertrude→
Resigneddirector · ~90y · resigned 2003-10-13
INGLIS, Robert→
Resigneddirector · ~101y · resigned 1992-12-31
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
5
Outstanding
4
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Scottish Ministers | Standard security | 1 property | 24/08/2011 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 01/11/1994 | 25/02/2026 | |
| outstanding | P S a Wholesale P S a Wholesale LTD | Bond & floating charge | 1 property | 04/08/1987 | — | |
| outstanding | N W S Trust N W S Trust LTD | Bond & floating charge | 1 property | 01/04/1985 | — | |
| satisfied | Lloyds Banking Group Lloyds and Scottish Trust LTD | Floating charge | 1 property | 18/05/1981 | 29/10/1985 | |
| part-satisfied | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 30/04/1979 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 19/06/1975 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (117 total)
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2026-04-09
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-01-23
change-person-director-company-with-change-date
officers · CH01
2026-01-23
change-person-director-company-with-change-date
officers · CH01
2026-01-23
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-01-19
termination-secretary-company-with-name-termination-date
officers · TM02
2026-01-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-14
accounts-with-accounts-type-micro-entity
accounts · AA
2025-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-13
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-20
gazette-filings-brought-up-to-date
gazette · DISS40
2024-12-07
gazette-notice-compulsory
gazette · GAZ1
2024-12-03
termination-director-company-with-name-termination-date
officers · TM01
2024-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-04