RIMTECH LIMITED

💤Zombieactive
SC400768 · ltd · incorporated 2011-06-01
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.
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£144.1k
book net assets
Opportunity
73/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (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, 1 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
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
33 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £144,124
Net assets shrinking
Down £31,557 YoY
Cash YoY
+677%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£88k
↑ 677% YoY
Net Worth
£144k
↓ 18% YoY
Current Assets
£126k
↑ 9.7% YoY
Current Liabilities
£0£35k£70k£105k£141k£176kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-312024-03-31
Total assets£174.3k£216.1k
Current assets£126.1k£115.0k
Cash£88.1k£11.3k
Debtors£30.0k£95.6k
Net assets£144.1k£175.7k

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

🔒Filing-note intelligence

1 signal 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
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-06-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-11-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-11-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-05-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  10. 2018-07-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2018-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2016-12-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-06-25
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-12-19
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-06-23
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2011-06-01
    🏢
    Company incorporated
    As RIMTECH LIMITED
  18. 2011-06-01
    MASSIE, Jason Alexander appointed
    director

Owner dependency

80/100
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.
  • +No director turnover: Company is 15 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
Strong succession signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 15 years.
  • 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.)

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Jason Alexander Massie
Individual · British · DOB 08/1981 · age 45
75100%
75-100% shares31/05/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Automotive · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
HIGHLAND MOTOR PARTS LIMITED
SC228871 · est 2002
£9.39M
£7.51M£11.26M
7524y8864y
DONALD MACKENZIE LIMITED
SC058445 · est 1975
£1.06M
£847.9k£1.27M
520050y8768y
CULLODEN CAR SALES LTD.
SC222206 · est 2001
£2.10M24y8358y
SEVILLE 2011 LIMITED
SC389852 · est 2010
£83.0k15y8358y
SGM CARS LTD
SC384911 · est 2010 · no financials extracted
15y8359y
AUTOCARE (INVERNESS) LIMITED
SC203216 · est 2000
£178.1k26y8265y
DANZAN LIMITED
SC248100 · est 2003
223y8272y
DINGWALL PANEL BEATERS LIMITED
SC214001 · est 2000
£108.0k25y8262y
DUNLOPS MOTOR FACTORS (HIGHLAND) LTD.
SC216519 · est 2001
£86.9k25y8272y
EWEN MACRAE(WEST END GARAGE)LIMITED
SC060381 · est 1976
£1.84M49y8280y
FLEET MANAGEMENT SERVICES (UK) LIMITED
SC211499 · est 2000
90025y8269y
GODSMAN TYRES & EXHAUSTS LIMITED
SC252460 · est 2003
£122.5k22y8264y
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
Incorporated2011-06-01
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

44 Hazel Avenue Culloden
Inverness
IV2 7WR
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-06-17
Last: 2025-06-03

Officers (1 active · 0 resigned)

MASSIE, Jason Alexander
director · ~45y · appointed 2011-06-01
View their other companies + combined net worth →
Active

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

Recent filings (33 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-14
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-06-04