CHARLES MACKINLAY & COMPANY LIMITED

🌳Matureactive

SC022718 · ltd · incorporated 1944-03-27

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

—

book net assets

Opportunity

78/100

Strong

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Dormant / non-trading with a 68-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 77/100. Strong seller-intent signal (78/100, director aged 68). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 5 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

9 live charges · 5 lenders · oldest 37.4y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 37.4 years old — likely at or near maturity.
· 5 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (84/100)

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

9 charges (9/9 with lender, 9/9 with type)

Directors & officers

32 officers (2 active, 32 linked, 26 with DOB)

Ownership & PSC

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

Director network

17 connected companies via shared directors

Filing history

209 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

78/100Strong

PassWatchWorth a lookStrongExceptional

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

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102

Metric	2024-12-31	2023-12-31

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

• 2 officers

Counts from Companies House filing history.

Corporate timeline (86 events)Click to expand

2026-01-12
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-12
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-01
➕
SLOAN, Michael Robert William appointed
director
2025-12-31
➖
DONAGHEY, Bryan Harold resigned
director
2025-05-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2024-09-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2023-08-23
📄
accounts-with-accounts-type-dormant
accounts · AA
2022-09-12
📄
accounts-with-accounts-type-dormant
accounts · AA
2021-09-17
📄
accounts-with-accounts-type-dormant
accounts · AA
2020-09-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-10
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-09-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-09-21
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-09-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2016-05-27
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-04-26
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2015-10-29
📄
accounts-with-accounts-type-dormant
accounts · AA
2015-05-19
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-24
➕
DONAGHEY, Bryan Harold appointed
director
2014-10-31
➕
CO, Winston Sy appointed
director
2014-10-31
➖
MENON, Hemanth Nandakumar resigned
director
2014-10-29
➖
ROY, Ashoke Kumar resigned
director
2010-03-31
➖
DOUGLAS, John Alexander George resigned
director
2009-10-15
➖
HANLON, James Francis resigned
secretary
2009-10-15
➖
HANLON, James Francis resigned
director
2009-10-14
➕
DOUGLAS, John Alexander George appointed
director
2009-10-14
➕
MENON, Hemanth Nandakumar appointed
director
2007-10-05
🔓
Charge satisfied #13
2007-10-05
🔓
Charge satisfied #12
2007-05-16
➕
HANLON, James Francis appointed
director
2007-05-16
➕
ROY, Ashoke Kumar appointed
director
2007-05-16
➖
DALMORE WHYTE & MACKAY LIMITED resigned
corporate-director
2007-05-16
➖
HAY & MACLEOD LIMITED resigned
corporate-director
2007-03-26
🔓
Charge satisfied #11
2007-03-26
🔓
Charge satisfied #10
2005-02-01
🔒
Charge registered #13
Lender: The Governor and Company of the Bank of Scotland as Security Trustee
2005-02-01
🔒
Charge registered #12
Lender: The Governor and Company of the Bank of Scotland as Security Trustee
2004-03-19
➖
HANLON, James Francis resigned
director
2004-03-19
➖
MCCROSKIE, Scott John resigned
director
2004-03-02
➕
DALMORE WHYTE & MACKAY LIMITED appointed
corporate-director
2004-03-02
➕
HAY & MACLEOD LIMITED appointed
corporate-director
2003-07-14
➖
MACEACHRAN, Ronald Bannatyne resigned
director
2003-07-14
➕
MCCROSKIE, Scott John appointed
director
2003-04-03
➖
MEGSON, Brian John resigned
director
2003-02-18
➕
MACEACHRAN, Ronald Bannatyne appointed
director
2001-10-15
🔒
Charge registered #11
Lender: Westdeutsche Landesbank Girozentrale
2001-10-15
🔒
Charge registered #10
Lender: Westdeutsche Landesbank Girozentrale
1999-06-24
➖
HITCHCOCK, Kenneth Walter resigned
director
1996-05-19
➖
BRUCE, Angus Howard Russell resigned
director
1996-04-30
➖
MACKINLAY, Donald resigned
director

Showing most recent 50 of 86 events

Owner dependency

73/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

61/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Whyte And Mackay Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Whyte And Mackay Limited

Corporate parent · holds 75-100% shares

ultimate parent

⬇

CHARLES MACKINLAY & COMPANY LIMITED

This company · SC022718

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Whyte And Mackay Limited Corporate entity	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.

🔒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 →

Similar companies

Active · Holding company · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CAMPO LANE MANAGEMENT COMPANY LIMITED→ SC268856 · est 2004 · no financials extracted	—	—	—	—	21y	—	—
CANIAN PROPERTY LTD→ SC637036 · est 2019 · no financials extracted	—	—	—	—	6y	—	—
CARLING BREWERS EXPORT LIMITED→ SC004908 · est 1901 · no financials extracted	—	—	—	—	124y	—	—
CAROBO HOLDINGS LTD→ SC882402 · est 2026 · no financials extracted	—	—	—	—	—	—	—
CAWLEY & CAWLEY LTD→ SC764457 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
CBI HOLDING LTD→ SC875005 · est 2026 · no financials extracted	—	—	—	—	—	—	—
CBK HOLDING LTD→ SC879383 · est 2026 · no financials extracted	—	—	—	—	—	—	—
CENTER PARCS SCOTLAND LIMITED→ SC812818 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
CENTRAL PROPERTY SOLUTIONS (SCOT) LIMITED→ SC857885 · est 2025 · no financials extracted	—	—	—	—	—	—	—
CHARLES INGRAM GUN AND RIFLE MANUFACTURER LIMITED→ SC137772 · est 1992 · no financials extracted	—	—	—	—	34y	—	—
CIS LAND LIMITED→ SC666575 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
CLARK BOYLE HOLDINGS LIMITED→ SC793232 · est 2023 · no financials extracted	—	—	—	—	2y	—	—

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

Incorporated1944-03-27

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

4th Floor St. Vincent Plaza

319 St. Vincent Street

Glasgow

G2 5RG

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-05-14

Last: 2025-04-30

Officers (2 active · 30 resigned)

CO, Winston Sy→

director · ~68y · appointed 2014-10-31

View their other companies + combined net worth →

Active

SLOAN, Michael Robert William→

director · ~48y · appointed 2026-01-01

View their other companies + combined net worth →

Active

CAMPBELL, Hew→

secretary · appointed 1991-05-02 · resigned 1994-08-31

Resigned

HANLON, James Francis→

secretary · appointed 1994-08-31 · resigned 2009-10-15

Resigned

KINNAIRD, Kenneth→

secretary · resigned 1991-05-02

Resigned

BROWN, Ian Downes→

director · ~92y · resigned 1994-02-28

Resigned

BRUCE, Angus Howard Russell→

director · ~85y · resigned 1996-05-19

Resigned

CRAIG, Hildreth Charles→

director · ~103y · resigned 1991-05-02

Resigned

DONAGHEY, Bryan Harold→

director · ~65y · appointed 2014-11-24 · resigned 2025-12-31

Resigned

DOUGLAS, John Alexander George→

director · ~62y · appointed 2009-10-14 · resigned 2010-03-31

Resigned

FINDELL, Kenneth John→

director · ~97y · resigned 1991-04-17

Resigned

FINDELL, Kenneth John→

director · ~97y · resigned 1990-06-19

Resigned

GREIG, Christopher George, Dr→

director · ~92y · resigned 1994-01-31

Resigned

HAILEY, Timothy William→

director · ~79y · resigned 1994-02-28

Resigned

HALL, Patrick Noel→

director · ~84y · resigned 1993-07-30

Resigned

HANLON, James Francis→

director · ~77y · appointed 2007-05-16 · resigned 2009-10-15

Resigned

HANLON, James Francis→

director · ~77y · appointed 1995-11-24 · resigned 2004-03-19

Resigned

HITCHCOCK, Kenneth Walter→

director · ~84y · appointed 1995-07-10 · resigned 1999-06-24

Resigned

LUNN, George Michael→

director · ~84y · appointed 1994-01-31 · resigned 1995-06-26

Resigned

MACEACHRAN, Ronald Bannatyne→

director · ~69y · appointed 2003-02-18 · resigned 2003-07-14

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:9 of 9 shown

		Type	Properties
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland as Security Trustee	Fixed charge and assignment	1 property	01/02/2005	05/10/2007
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland as Security Trustee	Floating charge	1 property	01/02/2005	05/10/2007
satisfied	Westdeutsche Landesbank Girozentrale	Floating charge	3 properties	15/10/2001	26/03/2007
satisfied	Westdeutsche Landesbank Girozentrale	Floating charge	1 property	15/10/2001	26/03/2007
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	24/04/1990	15/02/1996
satisfied	Robert Flemino & Co. , London Robert Flemino & Co. LTD, London	Floating charge	1 property	30/05/1989	19/06/1990
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland & as Agents & Trustees to the Banks	Floating charge	1 property	30/05/1989	15/02/1996
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	30/05/1989	19/06/1990
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	01/12/1988	19/06/1990

Recent filings (209 total)

appoint-person-director-company-with-name-date

officers · AP01

2026-01-12

termination-director-company-with-name-termination-date

officers · TM01

2026-01-12

accounts-with-accounts-type-dormant

accounts · AA

2025-05-23