PETER MACLENNAN & COMPANY LIMITED
💤Zombieactive
SC013135 · ltd · incorporated 1924-04-23
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 Jan 2025
Net worth
£760.7k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and acceptable with review structure.
Opportunity 79/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (73/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 31.2y
30/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 31.2 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (77/100)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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation
Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.
Available from the Pro tier upwards.
See pricing →Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
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 declaredPositive net assets
Net assets £760,739
Net assets shrinking
Down £42,118 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£761k
↓ 5.2% YoY
Current Assets
£208k
↓ 27% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £760.7k | £802.9k |
| Current assets | £207.5k | £285.6k |
| Net assets | £760.7k | £802.9k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
- 2025-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-10-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-10-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-04-04📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-04-04🔓Charge satisfied #4
- 2023-02-20📄mortgage-satisfy-charge-fullmortgage · MR04
- 2023-02-20🔓Charge satisfied #1
- 2022-10-30📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-11-15📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-01-31📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-10-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-09📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2018-07-09📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2018-07-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2018-07-09📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-10-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-09-18➕MACLENNAN, Lynn appointedsecretary
- 2017-09-18➖MACLENNAN, Rosemary Isobel resignedsecretary
- 2017-09-18➖MACLENNAN, Rosemary Isobel resigneddirector
- 2016-10-28📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2007-03-08🔒Charge registered #4Lender: The Royal Bank of Scotland PLC
- 1996-08-13🔓Charge satisfied #3
- 1996-03-05🔒Charge registered #3Lender: Colin Hunter Roxburgh Tindal and Another
- 1995-10-20🔒Charge registered #2Lender: The Royal Bank of Scotland PLC
- 1995-02-17🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 1991-07-05➖MACLENNAN, Peter G resignedsecretary
- 1991-07-05➕MACLENNAN, Rosemary Isobel appointedsecretary
- 1991-07-05➖MACLENNAN, Peter G resigneddirector
- 1991-07-05➕MACLENNAN, Rosemary Isobel appointeddirector
- 1924-04-23🏢Company incorporatedAs PETER MACLENNAN & COMPANY LIMITED
Owner dependency
98/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "MACLENNAN" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 102 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo 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 Thomas Alastair Maclennan Individual · British · DOB 05/1964 · age 62 | 75–100% | — | 75-100% shares | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
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| SOLID ASSET PROPERTIES LTD→ SC552923 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| SPROG HOLDINGS LTD→ SC835035 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| SSE OWS GLASGOW LIMITED→ SC228283 · est 2002 · no financials extracted | — | — | — | — | 24y | — | — |
| ST. JOHN'S HOLDINGS LIMITED→ SC545841 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| STANDCO LIMITED→ SC211193 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
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| STRATHEARN DEVELOPMENTS LIMITED→ SC071659 · est 1980 · no financials extracted | — | — | — | — | 45y | — | — |
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
Incorporated1924-04-23
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
Hazelcroft
Achintore Road
Fort William
PH33 6RQ
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31
Officers (2 active · 4 resigned)
Active
Active
MACLENNAN, Peter G→
Resignedsecretary · resigned 1991-07-05
MACLENNAN, Rosemary Isobel→
Resignedsecretary · appointed 1991-07-05 · resigned 2017-09-18
MACLENNAN, Peter G→
Resigneddirector · ~91y · resigned 1991-07-05
MACLENNAN, Rosemary Isobel→
Resigneddirector · ~90y · appointed 1991-07-05 · resigned 2017-09-18
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 08/03/2007 | 04/04/2023 | |
| satisfied | Colin Hunter Roxburgh Tindal and Another | Standard security | 1 property | 05/03/1996 | 13/08/1996 | |
| outstanding | Lloyds Banking Group The Royal Bank of Scotland PLC | Standard security | 1 property | 20/10/1995 | — | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 17/02/1995 | 20/02/2023 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (101 total)
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-04
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-29