LADESIDE PRECAST (PERTH) LTD

💤Zombieactive

SC630063 · ltd · incorporated 2019-05-10

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

—

year to May 2024

Net worth

£24.1k

book net assets

Opportunity

71/100

Strong

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What this business does

Primary activity: SIC 23610

Sector: Manufacturing

ALSO REGISTERED FOR

23690SIC 23690

Investor take

Pursue

Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 71/100 (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: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 2 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

1 officers (1 active, 1 linked, 1 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

2 connected companies via shared directors

Filing history

16 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

71/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £24,126

Net assets shrinking

Down £38,117 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£24k

↓ 61% YoY

Current Assets

£81k

↓ 38% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-05-31	2023-05-31
Total assets	£50.0k	£104.2k
Current assets	£81.3k	£131.6k
Net assets	£24.1k	£62.2k

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

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (11 events)Click to expand

2025-02-19
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-02-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-02-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-02-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2019-05-20
📄
change-person-director-company-with-change-date
officers · CH01
2019-05-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2019-05-10
🏢
Company incorporated
As LADESIDE PRECAST (PERTH) LTD
2019-05-10
➕
BOYLE, Michael David appointed
director
2019-05-10
📄
incorporation-company
incorporation · NEWINC

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 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100

Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS

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%

Name	Shares	Voting rights	Nature of control	Notified
Mr Michael David Boyle Individual · Scottish · DOB 05/1983 · age 43	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	10/05/2019

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.

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Similar companies

Active · Manufacturing · PH postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
TORNADO WIRE LIMITED→ SC064920 · est 1978	£17.20M £13.38M–£21.02M	£30.34M	—	8400	48y	82	70y
RUSSWOOD LTD.→ SC092505 · est 1985	£3.34M £2.60M–£4.09M	—	—	67	41y	85	66y
EDWARDS ENGINEERING (PERTH) LIMITED→ SC046562 · est 1969	£2.34M £1.82M–£2.86M	—	—	4100	57y	83	58y
FAIR CITY PRECAST LIMITED→ SC078774 · est 1982	—	—	—	—	44y	83	60y
A M FIRE & SECURITY SYSTEMS LTD→ SC247526 · est 2003	—	—	—	1200	23y	82	58y
DRUMMOND FENCING LIMITED→ SC297497 · est 2006	—	—	£269.1k	—	20y	82	60y
INVERNESS PRECAST LTD→ SC392391 · est 2011	—	—	—	—	15y	82	60y
MACPHERSON'S WELDING & ENGINEERING SERVICES LIMITED→ SC224287 · est 2001	—	—	£154.8k	—	24y	82	66y
MARGARET MORRISON LIMITED→ SC299646 · est 2006	—	—	—	600	20y	82	66y
MEARNS SAWMILLS LIMITED→ SC022017 · est 1942	—	—	—	200	84y	82	84y
ONTOP TRACTORS LIMITED→ SC059965 · est 1976	—	—	£29.8k	—	50y	82	65y
PERTHSHIRE TIMBER COMPANY LIMITED→ SC142941 · est 1993	—	—	—	1900	33y	82	84y

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.

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🔒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.

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Company details

Statusactive

Typeltd

Incorporated2019-05-10

Jurisdictionscotland

Primary SIC23610 — SIC 23610

Registered office

Ladeside

St. Catherines Road

Perth

PH1 5RY

Scotland

Filing status

Accounts

Next due: 2026-05-31

Last made up to: 2024-05-31

Confirmation statement

Next due: 2026-08-26

Last: 2025-08-12

Officers (1 active · 0 resigned)

BOYLE, Michael David→

director · ~43y · appointed 2019-05-10

View their other companies + combined net worth →

Active

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