MCLEAN FUELS LIMITED

🌳Matureactive

NI032932 · ltd · incorporated 1997-09-15

Investment thesis

Well-run mature business — low negotiation leverage; premium likely.

Why interesting: Textbook target; clean filings, stable trading.

Why risky: No pressure on seller; any deal likely at full price.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 19.3y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Sept 2024

Net worth

£771.9k

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Other retail sale not in stores, stalls or markets

Sector: Wholesale & retail

Investor take

Pursue

Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 80/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 19.3y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 19.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (80/100)

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

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

7 officers (6 active, 7 linked, 6 with DOB)

Ownership & PSC

3 active PSC(s) of 4 total, 4 with control declared

Director network

1 connected companies via shared directors

Filing history

108 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

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 £771,860

Net assets shrinking

Down £1,075,299 YoY

Cash YoY

-0%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.8m

~ YoY

Net Worth

£772k

↓ 58% YoY

Current Assets

£2.4m

↓ 5.9% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-09-30	2023-09-30
Total assets	£838.2k	£1.92M
Current assets	£2.37M	£2.52M
Cash	£1.84M	£1.84M
Net assets	£771.9k	£1.85M

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

filings

Last 90 days

filings

• 1 persons-with-significant-control
• 1 confirmation-statement
• 1 officers

Last 180 days

filings

• 1 persons-with-significant-control
• 1 confirmation-statement
• 1 officers

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2026-04-13
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-03-27
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-03-02
➖
MCLEAN, Karla Margaret resigned
director
2025-06-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-28
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2025-05-27
📄
gazette-notice-compulsory
gazette · GAZ1
2024-09-30
📄
change-person-director-company-with-change-date
officers · CH01
2024-09-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-09-06
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-08-27
➕
MCLEAN, Joanna Louise appointed
director
2024-08-27
➕
MCLEAN, Ramona Marie appointed
director
2024-06-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-15
📄
resolution
resolution · RESOLUTIONS
2024-05-15
📄
resolution
resolution · RESOLUTIONS
2024-04-30
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2024-04-29
📄
capital-cancellation-shares
capital · SH06
2024-03-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-08
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-17
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-10-13
📄
capital-variation-of-rights-attached-to-shares
capital · SH10
2023-10-13
📄
resolution
resolution · RESOLUTIONS
2023-09-27
📄
change-person-director-company-with-change-date
officers · CH01
2007-10-26
🔓
Charge satisfied #1
2007-08-16
🔒
Charge registered #2
Lender: Northern Bank Limited
2007-02-21
🔒
Charge registered #1
Lender: Northern Bank Limited
1997-09-15
🏢
Company incorporated
As MCLEAN FUELS LIMITED
1997-09-15
➕
MCLEAN, Karla Margaret appointed
secretary
1997-09-15
➕
MCLEAN, Eric Peter appointed
director
1997-09-15
➕
MCLEAN, John Maurice appointed
director
1997-09-15
➕
MCLEAN, William Ryan appointed
director
1997-09-15
➕
MCLEAN, Karla Margaret appointed
director

Owner dependency

88/100

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

-5 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "MCLEAN" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 29 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 81 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

40/100

Moderate signal

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

SIGNALS

primaryFamily succession underway: Not a takeover target — MCLEAN, Joanna Louise (same surname) appointed 2024-08-27. Pattern consistent with intra-family handover.
primaryFounder aged 70+: Senior director is approximately 81 years old. Natural succession window is now.
primary20+ year tenure: Director in role 29 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

clean

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

Shareholders & ownership

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr William Ryan Mclean Individual · British · DOB 09/1976 · age 50	25–50%	25–50%	25-50% shares · 25-50% voting	30/06/2016
Mr Eric Peter Mclean Individual · British · DOB 09/1976 · age 50	25–50%	25–50%	25-50% shares · 25-50% voting	30/06/2016
Mr John Maurice Mclean Individual · British · DOB 03/1945 · age 81	—	—	sig. influencesignificant influence	30/06/2016

1 historic (ceased) PSC

Mrs Karla Margaret Mcleanceased 02/03/2026· significant influence

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.

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Company details

Statusactive

Typeltd

Incorporated1997-09-15

Jurisdictionnorthern-ireland

Primary SIC47990 — Other retail sale not in stores, stalls or markets

Registered office

19a Market Square

Magherafelt

BT45 6EE

Northern Ireland

Filing status

Accounts

Next due: 2026-06-30

Last made up to: 2024-09-30

Confirmation statement

Next due: 2027-03-26

Last: 2026-03-12