E & O LABORATORIES LIMITED

🌳Matureactive
SC125360 · ltd · incorporated 1990-05-31
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
—
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Turnover
—
year to May 2025
Net worth
£21.13M
book net assets
Opportunity
83/100
Exceptional
🔔
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What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 75/100. Strong seller-intent signal (73/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -32% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · 2 lenders · oldest 34.2y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 34.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (81/100)

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
6 officers (4 active, 6 linked, 5 with DOB)
87
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
89 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional 

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £21,130,714
Cash YoY
-32%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£5.0m
↓ 32% YoY
Net Worth
£21m
↑ 13% YoY
Current Assets
£17m
↑ 19% YoY
Current Liabilities
—
£0£4.2m£8.5m£13m£17m£21mMay 2024May 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-05-312024-05-31
Total assets£21.37M£19.04M
Current assets£16.82M£14.19M
Cash£5.03M£7.35M
Debtors£1.78M£2.08M
Net assets£21.13M£18.74M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

4 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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-02-26
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2025-02-28
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  3. 2024-06-06
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2024-06-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-04-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  6. 2024-04-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2024-04-08
    🔓
    Charge satisfied #3
  8. 2024-04-08
    🔓
    Charge satisfied #2
  9. 2024-02-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2023-02-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2022-06-01
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2021-05-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2020-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2019-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  15. 2018-02-28
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2017-03-29
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2017-03-28
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  18. 2017-02-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  19. 2016-12-19
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2016-12-09
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  21. 2008-06-05
    ➕
    SCOTT, Edward appointed
    director
  22. 2008-06-05
    ➖
    LUCEY, Walter Timothy resigned
    director
  23. 1999-03-01
    ➕
    DAWKINS, Judith Ann appointed
    director
  24. 1997-03-28
    ➖
    MUNRO, Mairi resigned
    director
  25. 1993-10-01
    ➕
    MUNRO, Mairi appointed
    director
  26. 1992-02-06
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  27. 1990-05-31
    🏢
    Company incorporated
    As E & O LABORATORIES LIMITED
  28. 1990-05-31
    ➕
    LUCEY, Virginia Anne appointed
    secretary
  29. 1990-05-31
    ➕
    LUCEY, Virginia Anne appointed
    director
  30. 1990-05-31
    ➕
    LUCEY, Walter Timothy appointed
    director

Owner dependency

75/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — succession pressure is live.

Succession & seller-readiness

80/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 36 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

E & O Laboratories Employee Ownership Trustee Limited holds majority control (50-75%). Likely parent but not wholly-owned.

🏛️
E & O Laboratories Employee Ownership Trustee Limited
Corporate parent · holds 50-75% shares · board control
majority
⬇
E & O LABORATORIES LIMITED
This company · SC125360

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
E & O Laboratories Employee Ownership Trustee Limited
Corporate entity
50–75%
50–75%board control50-75% shares · 50-75% voting · board control28/03/2024
Ms Virginia Anne Lucey
Individual · British · DOB 01/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

7 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
Incorporated1990-05-31
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Burnhouse
Bonnybridge
Stirlingshire
FK4 2HH

Filing status

Accounts
Next due: 2027-02-28
Last made up to: 2025-05-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31

Officers (4 active · 2 resigned)

LUCEY, Virginia Anne→
secretary · appointed 1990-05-31
View their other companies + combined net worth →
Active
DAWKINS, Judith Ann→
director · ~67y · appointed 1999-03-01
View their other companies + combined net worth →
Active
LUCEY, Virginia Anne→
director · ~69y · appointed 1990-05-31
View their other companies + combined net worth →
Active
SCOTT, Edward→
director · ~56y · appointed 2008-06-05
View their other companies + combined net worth →
Active
LUCEY, Walter Timothy→
director · ~99y · appointed 1990-05-31 · resigned 2008-06-05
Resigned
MUNRO, Mairi→
director · ~60y · appointed 1993-10-01 · resigned 1997-03-28
Resigned

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

Mortgages & charges

3
Total charges
1
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property28/03/201708/04/2024
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property09/12/201608/04/2024
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property06/02/1992—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (89 total)

accounts-with-accounts-type-medium
accounts · AA
2026-02-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-11
accounts-with-accounts-type-medium
accounts · AA
2025-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2024-06-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-06-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-06-06
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-08
mortgage-satisfy-charge-full
mortgage · MR04
2024-04-08
accounts-with-accounts-type-full
accounts · AA
2024-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-13
accounts-with-accounts-type-full
accounts · AA
2023-02-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-09
accounts-with-accounts-type-full
accounts · AA
2022-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-11
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-05-31