M. MACDONALD & SON LIMITED

🌳Matureactive
SC021007 · ltd · incorporated 1939-05-08
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: SIC 9305
Sector: Arts, entertainment & recreation
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 30/100. High owner-dependency — earn-out structure likely required for clean transition. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: share sale to pe / searcher (30/100). Current lenders should be on monthly review.

Data confidence

Overall: low (43/100)

Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
8 officers (5 active, 8 linked, 5 with DOB)
83
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
Network not yet resolved
30
Filing history
2 filings — limited history
30
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
35
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

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 (9 events)Click to expand
  1. 2023-03-24
    📄
    court-order
    miscellaneous · OC-DV
  2. 1994-03-31
    ARNOTT, Kenneth J resigned
    director
  3. 1989-12-28
    MACDONALD, Robert Paterson appointed
    secretary
  4. 1989-12-28
    MCMURDO, James Ramsay appointed
    director
  5. 1989-12-28
    SHEPHERD, William Macalaster appointed
    director
  6. 1989-12-28
    MACDONALD, Alastair resigned
    secretary
  7. 1989-12-28
    MACDONALD, Alastair resigned
    director
  8. 1987-01-01
    📄
    selection-of-documents-registered-before-January-1987
    historical · PRE87
  9. 1939-05-08
    🏢
    Company incorporated
    As M. MACDONALD & SON LIMITED

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
  • -4 active directors: Broader management team in place — suggests transferable governance.
  • +Founder name in company name: Company name contains director surname "MACDONALD" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 36 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 94 — succession pressure is live.

Succession & seller-readiness

85/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 94 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 36 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 87 years old and no new directors in the last 3 years — succession not yet being planned internally.

Red flags

1 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 1996-10-31

Has insolvency history
medium

Companies House flags prior insolvency events. Review the insolvency filings for context.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated1939-05-08
Jurisdictionscotland
Primary SIC9305 — SIC 9305

Registered office

Kintyre House
209 West George Street
Glasgow
G2 2LW

Filing status

Accounts
Next due: 1996-10-31OVERDUE
Last made up to:
Confirmation statement
Next due:
Last:

Officers (5 active · 3 resigned)

MACDONALD, Robert Paterson
secretary · appointed 1989-12-28
View their other companies + combined net worth →
Active
KERR, Archie
director · ~91y
View their other companies + combined net worth →
Active
MACDONALD, Robert Paterson
director · ~90y
View their other companies + combined net worth →
Active
MCMURDO, James Ramsay
director · ~94y · appointed 1989-12-28
View their other companies + combined net worth →
Active
SHEPHERD, William Macalaster
director · ~81y · appointed 1989-12-28
View their other companies + combined net worth →
Active
MACDONALD, Alastair
secretary · resigned 1989-12-28
Resigned
ARNOTT, Kenneth J
director · ~94y · resigned 1994-03-31
Resigned
MACDONALD, Alastair
director · resigned 1989-12-28
Resigned

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

Recent filings (2 total)

court-order
miscellaneous · OC-DV
2023-03-24
selection-of-documents-registered-before-January-1987
historical · PRE87
1987-01-01