A. & D. SUTHERLAND LIMITED

🌳Matureactive
SC030441 · ltd · incorporated 1954-12-09
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.
Why now
Window closing · high confidence
Getting harder to buy — profile has hardened into "well run hard buy" recently.
  • · Investment thesis: unclassified → well_run_hard_buy
  • · Hygiene score: 62 → 82
  • · Opportunity score: 73 → 82
  • · Bankability: 65 → 75
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 55.5y old — refinance window within 12 months
What changed my view
Last 30 days

Picture improved over the last 30 days — 3 positive signals vs 0 negative.

  • ·Investment thesis: unclassified → well_run_hard_buy
  • ↑Opportunity score: 73 → 82
  • ↑Hygiene score: 62 → 82
  • ↑Bankability: 65 → 75
  • ·Distress / opportunity: speculative → avoid
Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does

Based in Wick in the far north of Scotland, this long-established family business (the Sutherland name being locally rooted) most likely operates day-to-day in quarrying or extracting rock, stone, or similar materials, reflecting its SIC 08110 classification covering quarrying of ornamental and building stone.

Primary activity: SIC 08110
Sector: Mining & quarrying
Investor take
Pursue
Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 68). 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 · 2 lenders · oldest 55.5y

50/100
clean up first

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

  • · Oldest live charge is 55.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (86/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 1 SIC codes, incorporation date
100
Financials
3 years of iXBRL accounts extracted + narrative notes parsed
95
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
14 officers (3 active, 14 linked, 12 with DOB)
87
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
125 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

3 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Apr 2023Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-302024-04-302023-04-30
Average employees2324002200

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
1
filing
  • • 1 confirmation-statement
Last 90 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2023-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-07-14
    📄
    capital-name-of-class-of-shares
    capital · SH08
  6. 2022-07-14
    📄
    capital-variation-of-rights-attached-to-shares
    capital · SH10
  7. 2022-07-13
    📄
    memorandum-articles
    incorporation · MA
  8. 2022-07-13
    📄
    resolution
    resolution · RESOLUTIONS
  9. 2022-06-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-05-28
    ➖
    SUTHERLAND, Margaret Lyall resigned
    director
  11. 2022-01-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2021-05-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-01-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-01-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-04-12
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  16. 2018-04-12
    🔓
    Charge satisfied #2
  17. 2018-02-07
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  18. 2018-01-31
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  19. 2018-01-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2013-02-16
    ➖
    SUTHERLAND, Alexander Leslie resigned
    director
  21. 2008-12-19
    ➕
    MANCINI, Mark Alexander Leslie appointed
    director
  22. 2008-08-26
    ➖
    SUTHERLAND, Alexander Leslie resigned
    director
  23. 2002-05-01
    ➕
    MANCINI, Elizabeth Margaret appointed
    director
  24. 2002-04-30
    ➕
    MANCINI, Elizabeth Margaret appointed
    secretary
  25. 2002-04-30
    ➖
    SUTHERLAND, Margaret Lyall resigned
    secretary
  26. 2002-04-30
    ➕
    SUTHERLAND, Alexander Leslie appointed
    director
  27. 2002-02-07
    ➖
    SUTHERLAND, Barbara Gunn resigned
    director
  28. 2002-02-07
    ➖
    SUTHERLAND, Donald Mackay resigned
    director
  29. 1998-04-05
    ➖
    SUTHERLAND, Edith Lyall resigned
    director
  30. 1997-04-07
    ➕
    SUTHERLAND, Alexander Leslie appointed
    director
  31. 1997-04-07
    ➖
    SUTHERLAND, Alexander Leslie resigned
    director
  32. 1997-04-07
    ➕
    SUTHERLAND, Edith Lyall appointed
    director
  33. 1997-04-07
    ➖
    SUTHERLAND, Edith Lyall resigned
    director
  34. 1997-04-07
    ➕
    SUTHERLAND, Margaret Lyall appointed
    director
  35. 1997-04-07
    ➖
    SUTHERLAND, Margaret Lyall resigned
    director
  36. 1990-04-24
    ➖
    SUTHERLAND, Edith Lyall resigned
    director
  37. 1970-11-30
    🔒
    Charge registered #2
    Lender: British Linen Bank
  38. 1970-11-25
    🔒
    Charge registered #1
    Lender: British Linen Bank
  39. 1970-09-30
    ➕
    SUTHERLAND, Edith Lyall appointed
    director
  40. 1954-12-09
    🏢
    Company incorporated
    As A. & D. SUTHERLAND LIMITED

Owner dependency

91/100
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.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 68 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

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

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.
  • primary20+ year tenure: Director in role 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 71 years old and no new directors in the last 3 years — succession not yet being planned internally.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mrs Elizabeth Margaret Mancini
Individual · British · DOB 01/1958 · age 68
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016

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 →

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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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1954-12-09
Jurisdictionscotland
Primary SIC08110 — SIC 08110

Registered office

Spittal Quarry
Watten
Wick
Caithness
KW1 5XR

Filing status

Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-22
Last: 2026-04-08

Officers (3 active · 11 resigned)

MANCINI, Elizabeth Margaret→
secretary · appointed 2002-04-30
View their other companies + combined net worth →
Active
MANCINI, Elizabeth Margaret→
director · ~68y · appointed 2002-05-01
View their other companies + combined net worth →
Active
MANCINI, Mark Alexander Leslie→
director · ~44y · appointed 2008-12-19
View their other companies + combined net worth →
Active
SUTHERLAND, Margaret Lyall→
secretary · resigned 2002-04-30
Resigned
SUTHERLAND, Alexander Leslie→
director · ~67y · appointed 2002-04-30 · resigned 2008-08-26
Resigned
SUTHERLAND, Alexander Leslie→
director · ~94y · appointed 1997-04-07 · resigned 2013-02-16
Resigned
SUTHERLAND, Alexander Leslie→
director · ~67y · resigned 1997-04-07
Resigned
SUTHERLAND, Barbara Gunn→
director · ~89y · resigned 2002-02-07
Resigned
SUTHERLAND, Donald Mackay→
director · ~93y · resigned 2002-02-07
Resigned
SUTHERLAND, Edith Lyall→
director · ~115y · appointed 1997-04-07 · resigned 1998-04-05
Resigned
SUTHERLAND, Edith Lyall→
director · ~115y · appointed 1970-09-30 · resigned 1997-04-07
Resigned
SUTHERLAND, Edith Lyall→
director · ~115y · resigned 1990-04-24
Resigned
SUTHERLAND, Margaret Lyall→
director · ~96y · appointed 1997-04-07 · resigned 2022-05-28
Resigned
SUTHERLAND, Margaret Lyall→
director · ~96y · resigned 1997-04-07
Resigned

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

Mortgages & charges

3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge—31/01/2018—
satisfied
British Linen Bank
Bond of cash credit and floating charge1 property30/11/197012/04/2018
outstanding
British Linen Bank
Bond & disposition in security1 property25/11/1970—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (125 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-05-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-25
confirmation-statement-with-updates
confirmation-statement · CS01
2023-04-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-28
capital-name-of-class-of-shares
capital · SH08
2022-07-14
capital-variation-of-rights-attached-to-shares
capital · SH10
2022-07-14
memorandum-articles
incorporation · MA
2022-07-13
resolution
resolution · RESOLUTIONS
2022-07-13
termination-director-company-with-name-termination-date
officers · TM01
2022-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-27