LINDSAYS TRUSTEES LIMITED

🌳Matureactive

SC072422 · private-limited-guarant-nsc · incorporated 1980-08-25

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

—

not disclosed

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 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 (65/100).

Data confidence

Overall: low (52/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

No iXBRL financials extracted

Lenders & charges

Confirmed no charges registered

Directors & officers

100 officers (56 active, 100 linked, 96 with DOB)

Ownership & PSC

No PSCs filed (unusual — worth investigating)

Director network

12 connected companies via shared directors

Filing history

348 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Recent activity

Last 30 days

filings

• 5 officers

Last 90 days

filings

• 5 officers
• 1 confirmation-statement

Last 180 days

filings

• 8 officers
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (160 events)Click to expand

2026-04-23
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-08
➕
MCKAY, Lorna Agnes appointed
director
2026-04-01
➕
CROFTS, Lewis appointed
director
2026-04-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-04-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-04-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-31
➖
ANDREW, James Clarke resigned
director
2026-03-31
➖
CUMMINGS, Alasdair William Donald resigned
director
2026-03-31
➖
DUNCAN, John Derek resigned
director
2026-01-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-07
➕
MCNAB, Robert Duncan appointed
director
2026-01-07
➕
NICHOL, Stephanie appointed
director
2025-10-28
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-17
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-17
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-02
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-02
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-01
➕
LIGHTFOOT, Darren appointed
director
2025-10-01
➕
ROBERTSON, Eilidh Catriona appointed
director
2025-10-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-10-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-10-01
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-01
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-01
📄
change-person-director-company-with-change-date
officers · CH01
2025-10-01
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-09-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-09-01
➕
RAWLINSON, Keith James appointed
director
2025-06-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
📄
change-person-director-company-with-change-date
officers · CH01
2025-04-29
📄
change-person-director-company-with-change-date
officers · CH01
2025-04-02
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-04-01
➕
HOLT, Rachel Louise appointed
director
2025-04-01
➕
MACEWAN, Gregor John appointed
director
2025-04-01
➕
O'HARE, Stephen Patrick appointed
director
2025-04-01
➕
SMITH, Alastair James appointed
director
2025-03-31
➖
FRENZ, Richard Alan resigned
director
2025-03-31
➖
KENNEDY, Callum Stuart resigned
director
2025-03-03
➕
PALL, Gurjit Singh appointed
director
2024-12-31
➖
GALLAGHER, Jennifer resigned
director
2024-10-01
➕
PRESTON, Kirsty Louise appointed
director
2024-07-13
➖
LAW, Susan Jane resigned
director
2024-04-01
➕
GORDON, Leanne appointed
director
2024-04-01
➕
GORRY, Daniel Stephen appointed
director
2024-04-01
➕
NOBLE, Nicole Laura appointed
director
2024-04-01
➕
WALKER, David Andrew appointed
director
2024-04-01
➕
WILSON, Clare Louise appointed
director
2024-01-31
➕
MACKINTOSH, Caroline Ann appointed
director

Showing most recent 50 of 160 events

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

-55 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 63 — approaching natural succession window.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

70/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.
primary20+ year tenure: Director in role 27 years. Very long tenure is a classic succession signal.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

3 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: ANDREW, James Clarke resigned 2026-03-31; CUMMINGS, Alasdair William Donald resigned 2026-03-31; DUNCAN, John Derek resigned 2026-03-31

🔒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

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ACCOUNTANTS PL LTD→ SC552385 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
ACTM HOLDINGS LIMITED→ SC555738 · est 2017 · no financials extracted	—	—	—	—	9y	—	—
ADD ACCOUNTING SOLUTIONS LIMITED→ SC575625 · est 2017 · no financials extracted	—	—	—	—	8y	—	—
ADVICEWORX LTD→ SC743338 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
AIKENGALL COMMUNITY WIND COMPANY (HOLDINGS) LIMITED→ SC333973 · est 2007 · no financials extracted	—	—	—	—	18y	—	—
AJ LYON LIMITED→ SC344464 · est 2008 · no financials extracted	—	—	—	—	17y	—	—
AK HERITAGE DEVELOPMENTS LIMITED→ SC839444 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
AKS POWER MANAGEMENT LTD→ SC759996 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
ALDEN BUSINESS CONSULTING LTD→ SC523522 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
ALDERSTONE ACCOUNTANCY LIMITED→ SC646904 · est 2019 · no financials extracted	—	—	—	—	6y	—	—

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

Typeprivate-limited-guarant-nsc

Incorporated1980-08-25

Jurisdictionscotland

Primary SIC69102 — Solicitors

Registered office

Caledonian Exchange

19a Canning Street

Edinburgh

EH3 8HE

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-03-14

Last: 2026-02-28