MCLUCKIE ENGINEERING LIMITED
💤Zombieactive
SC040772 · ltd · incorporated 1964-08-05
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 Aug 2024
Net worth
£149.9k
book net assets
Opportunity
75/100
Strong
What this business does
Primary activity: SIC 28990
Sector: Manufacturing
Investor take
PursueActive trading company with a 67-year-old founder — textbook succession opportunity.
Opportunity 75/100 (strong), bankability 57/100. Strong seller-intent signal (68/100, director aged 67). Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
6 live charges · 3 lenders · oldest 56.2y
15/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 56.2 years old — likely at or near maturity.
- · 3 lenders named — inter-creditor friction likely.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
6 charges (6/6 with lender, 6/6 with type)
90
Directors & officers
7 officers (1 active, 7 linked, 4 with DOB)
81
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
60
Adequate — check latest filings for context.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
82
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £149,946
Cash YoY
+4%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£79k
↑ 4.2% YoY
Net Worth
£150k
↑ 2.0% YoY
Current Assets
£176k
↓ 13% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Total assets | £170.7k | £187.3k |
| Current assets | £176.3k | £201.7k |
| Cash | £79.1k | £75.9k |
| Debtors | £93.0k | £122.7k |
| Net assets | £149.9k | £147.0k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (33 events)Click to expand
- 2025-05-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-28📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-07-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-05-27📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-08-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-11-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2018-10-19📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-11-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-11-08📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-11-03📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2015-05-30📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-10-30📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2013-11-11📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-03-01➖SMITH, Greer Mccallum resignedsecretary
- 2006-08-31➖DAVISON, John resignedsecretary
- 2006-08-31➕SMITH, Greer Mccallum appointedsecretary
- 2006-08-31➖DAVISON, John resigneddirector
- 1999-11-24🔒Charge registered #8Lender: C & D Properties Paisley Limited
- 1996-11-20➕DAVISON, John appointedsecretary
- 1996-11-20➖WILSON, Doreen Mary resignedsecretary
- 1996-11-20➖WILSON, Crawford resigneddirector
- 1996-11-20➖WILSON, Doreen Mary resigneddirector
- 1994-02-16🔓Charge satisfied #1
- 1991-09-01➕DAVISON, John appointeddirector
- 1987-12-01🔒Charge registered #6Lender: Clydesdale Bank Public Limited Company
- 1987-09-08🔒Charge registered #5Lender: Commercial Financial Services Limited
- 1987-09-08🔒Charge registered #4Lender: Commercial Financial Services Limited
- 1982-06-01➕WILSON, Doreen Mary appointeddirector
- 1976-11-04🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1970-02-28🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1964-08-05🏢Company incorporatedAs MCLUCKIE ENGINEERING LIMITED
Owner dependency
90/100
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 age: Director aged approximately 67 — succession pressure is live.
Succession & seller-readiness
75/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 62 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
1 low5 live charges
lowHeavily leveraged with multiple live security positions — understand the capital structure before proceeding.
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Davison Individual · British · DOB 10/1947 · age 79 | 50–75% | — | 50-75% shares | 06/04/2016 |
Mr Sinclair Smith Individual · British · DOB 05/1959 · age 67 | 25–50% | — | 25-50% shares | 01/11/2018 |
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 · Manufacturing · PA postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| NDT & QUALITY SERVICES LIMITED→ SC411148 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| NEWARK ENTERPRISES LTD→ SC474333 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| PAISLEY TEXTILES (MANUFACTURING) LTD.→ SC423111 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| PAPERFLUTE LTD→ SC696422 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| PEAK INDUSTRIAL LIMITED→ SC406052 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| POSITIVE PEDALS CIC→ SC855588 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PROPIFI LIMITED→ SC579578 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| PURIS PRO LIMITED→ SC876956 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| R BASNETT CARPENTRY AND JOINERY LTD→ SC833083 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| R.G.LAWRIE LIMITED→ SC426444 · est 2012 · no financials extracted | — | — | — | — | 13y | — | — |
| RANGER CONSULTANTS LIMITED→ SC152156 · est 1994 · no financials extracted | — | — | — | — | 31y | — | — |
| REACT SIGNS LTD→ SC672442 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
9 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
Incorporated1964-08-05
Jurisdictionscotland
Primary SIC28990 — SIC 28990
Registered office
Barterholm Road
Paisley
PA2 6PF
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-11-13
Last: 2025-10-30
Officers (1 active · 6 resigned)
Active
DAVISON, John→
Resignedsecretary · appointed 1996-11-20 · resigned 2006-08-31
SMITH, Greer Mccallum→
Resignedsecretary · appointed 2006-08-31 · resigned 2013-03-01
WILSON, Doreen Mary→
Resignedsecretary · resigned 1996-11-20
DAVISON, John→
Resigneddirector · ~79y · appointed 1991-09-01 · resigned 2006-08-31
WILSON, Crawford→
Resigneddirector · ~80y · resigned 1996-11-20
WILSON, Doreen Mary→
Resigneddirector · ~80y · appointed 1982-06-01 · resigned 1996-11-20
Click a director name to see their full track record across all companies.
Mortgages & charges
6
Total charges
5
Outstanding
3
Active lenders
Status:Lender:6 of 6 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | C & D Properties Paisley C & D Properties Paisley Limited | Standard security | 1 property | 24/11/1999 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 01/12/1987 | — | |
| outstanding | Commercial Financial Services Commercial Financial Services Limited | Standard security | 1 property | 08/09/1987 | — | |
| outstanding | Commercial Financial Services Commercial Financial Services Limited | Standard security | 1 property | 08/09/1987 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | A registered charge | 2 properties | 04/11/1976 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Bond of cash, credit & floating charge | 1 property | 28/02/1970 | 16/02/1994 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (102 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-15
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-07-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-11-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-01
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2018-11-01