REID MECHANICAL LTD

🌿Early-stageactive
SC760179 · ltd · incorporated 2023-02-25
Investment thesis
Growth-phase business — story-led; valuation sensitive to momentum.
Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.
Why risky: Price often leads fundamentals; dependency on founder often high.
🔒Estimated value
—
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Turnover
—
year to Mar 2025
Net worth
£127
book net assets
Opportunity
70/100
Strong
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and acceptable with review structure.

Opportunity 70/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

Data confidence

Overall: medium (76/100)

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
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
12 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
70/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
60
Adequate — check latest filings for context.
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 · accounting standard not declared
Positive net assets
Net assets £127
Net assets shrinking
Down £544 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£127
↓ 81% YoY
Current Assets
£30k
↑ 35% YoY
Current Liabilities
—
£0£6k£12k£18k£24k£30kMar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Total assets£127£671
Current assets£29.7k£22.0k
Net assets£127£671

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

Recent activity

Last 30 days
2
filings
  • • 1 confirmation-statement
  • • 1 address
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 address
Last 180 days
3
filings
  • • 1 confirmation-statement
  • • 1 address
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (12 events)Click to expand
  1. 2026-03-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  2. 2025-12-16
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2024-09-05
    ➕
    REID, Charis appointed
    director
  5. 2024-09-05
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-09-05
    📄
    capital-allotment-shares
    capital · SH01
  7. 2024-08-12
    ➕
    REID, Charis appointed
    secretary
  8. 2024-08-12
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  9. 2023-07-20
    📄
    change-account-reference-date-company-current-extended
    accounts · AA01
  10. 2023-02-25
    🏢
    Company incorporated
    As REID MECHANICAL LTD
  11. 2023-02-25
    ➕
    REID, Steven appointed
    director
  12. 2023-02-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

81/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "REID" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

36/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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 Steven Reid
Individual · Scottish · DOB 06/1993 · age 33
75–100%
75–100%board control75-100% shares · 75-100% voting · board control25/02/2023

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

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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 →
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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
Incorporated2023-02-25
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

The Garage
The Garage
Munlochy
IV8 8NE
United Kingdom

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-12
Last: 2026-03-29

Officers (3 active · 0 resigned)

REID, Charis→
secretary · appointed 2024-08-12
View their other companies + combined net worth →
Active
REID, Charis→
director · ~32y · appointed 2024-09-05
View their other companies + combined net worth →
Active
REID, Steven→
director · ~33y · appointed 2023-02-25
View their other companies + combined net worth →
Active

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

Recent filings (12 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2026-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-03
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2024-09-05
appoint-person-director-company-with-name-date
officers · AP01
2024-09-05
capital-allotment-shares
capital · SH01
2024-09-05
appoint-person-secretary-company-with-name-date
officers · AP03
2024-08-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
change-account-reference-date-company-current-extended
accounts · AA01
2023-07-20
incorporation-company
incorporation · NEWINC
2023-02-25