GEORGE DONALD (WAREHOUSEMAN) LIMITED

🌳Matureactive
SC031200 · ltd · incorporated 1955-12-17
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
Upgrade to see
Turnover
year to Jan 2025
Net worth
£9.30M
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Non-specialised wholesale trade
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 47190Other retail sale in non-specialised stores
Investor take
Pursue
Asset-holding vehicle with a 93-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 93). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £9,296,498
Cash YoY
-20%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£562k
↓ 20% YoY
Net Worth
£9.3m
↑ 2.2% YoY
Current Assets
£8.8m
↑ 3.9% YoY
Current Liabilities
£0£1.9m£3.7m£5.6m£7.4m£9.3mJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£9.54M£9.26M
Current assets£8.81M£8.48M
Cash£562.2k£705.5k
Debtors£914.8k£939.9k
Net assets£9.30M£9.10M

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2026-01-14
    📄
    accounts-with-accounts-type-medium
    accounts · AA
  2. 2025-10-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2024-12-19
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-12-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  5. 2024-09-09
    📄
    accounts-with-accounts-type-full
    accounts · AA
  6. 2023-10-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  7. 2022-10-24
    📄
    accounts-with-accounts-type-full
    accounts · AA
  8. 2021-11-10
    📄
    accounts-with-accounts-type-full
    accounts · AA
  9. 2021-01-26
    📄
    accounts-with-accounts-type-full
    accounts · AA
  10. 2019-10-29
    📄
    accounts-with-accounts-type-full
    accounts · AA
  11. 2018-11-13
    📄
    accounts-with-accounts-type-full
    accounts · AA
  12. 2017-10-20
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2017-08-07
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  14. 2017-08-07
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2017-08-01
    DONALD, Ann appointed
    secretary
  16. 2017-08-01
    DONALD, Leslie resigned
    secretary
  17. 2016-10-27
    📄
    accounts-with-accounts-type-full
    accounts · AA
  18. 2002-12-05
    DONALD, George resigned
    director
  19. 1992-08-24
    DONALD, Derek appointed
    director
  20. 1955-12-17
    🏢
    Company incorporated
    As GEORGE DONALD (WAREHOUSEMAN) LIMITED

Owner dependency

98/100
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
  • +Founder name in company name: Company name contains director surname "DONALD" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 34 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 93 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100
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 93 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 34 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 70 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr George Donald
Individual · British · DOB 07/1958 · age 68
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mr Leslie Donald
Individual · British · DOB 08/1933 · age 93
2550%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated1955-12-17
Jurisdictionscotland
Primary SIC46900 — Non-specialised wholesale trade

Registered office

7 St Andrew Street
Peterhead
AB42 1DS

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-08-27
Last: 2025-08-13

Officers (4 active · 2 resigned)

DONALD, Ann
secretary · appointed 2017-08-01
View their other companies + combined net worth →
Active
DONALD, Derek
director · ~57y · appointed 1992-08-24
View their other companies + combined net worth →
Active
DONALD, Leslie
director · ~93y
View their other companies + combined net worth →
Active
DONALD JUNIOR, George
director · ~68y
View their other companies + combined net worth →
Active
DONALD, Leslie
secretary · resigned 2017-08-01
Resigned
DONALD, George
director · ~95y · resigned 2002-12-05
Resigned

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

Recent filings (96 total)

accounts-with-accounts-type-medium
accounts · AA
2026-01-14
change-person-director-company-with-change-date
officers · CH01
2025-10-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-18
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-12-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-12-19
accounts-with-accounts-type-full
accounts · AA
2024-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-13
accounts-with-accounts-type-full
accounts · AA
2023-10-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-14
accounts-with-accounts-type-full
accounts · AA
2022-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-22
accounts-with-accounts-type-full
accounts · AA
2021-11-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-13
accounts-with-accounts-type-full
accounts · AA
2021-01-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-01