ROBERT MCNEE LIMITED

🌳Matureactive
SC041919 · ltd · incorporated 1965-03-23
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

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
£5.19M
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: SIC 01420
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 01450SIC 01450
Investor take
Pursue
Strong opportunity: active trading company with strong profile and acceptable with review structure.

Opportunity 74/100 (strong), bankability 67/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

5 live charges · 4 lenders · oldest 58.8y

35/100
too messy

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

  • · Oldest live charge is 58.8 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

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, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
8 officers (2 active, 8 linked, 6 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
115 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
60
Some acquirability indicators.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Positive net assets
Net assets £5,189,652
Cash YoY
+103%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£143k
↑ 103% YoY
Net Worth
£5.2m
↑ 2.9% YoY
Current Assets
—
Current Liabilities
—
£0£1.0m£2.1m£3.1m£4.2m£5.2mApr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-052024-04-05
Cash£142.5k£70.3k
Net assets£5.19M£5.04M

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

🔒Filing-note intelligence

3 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
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (32 events)Click to expand
  1. 2025-12-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-12-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-04-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  4. 2024-03-31
    ➖
    MCNEE, Mary Orr resigned
    secretary
  5. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2022-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2022-12-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  8. 2022-12-08
    🔒
    Charge registered #5
    Lender: Wind Estate (UK) Limited
  9. 2022-08-29
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  10. 2022-08-29
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2022-03-21
    ➖
    MCNEE, Robert Roy resigned
    director
  12. 2022-03-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-02-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2022-02-04
    🔓
    Charge satisfied #2
  15. 2021-03-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2019-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2019-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-01-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-01-10
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  20. 2016-05-17
    🔒
    Charge registered #4
    Lender: Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
  21. 2013-04-17
    🔓
    Charge satisfied #1
  22. 2011-10-28
    🔒
    Charge registered #3
    Lender: Clydesdale Bank PLC
  23. 2009-04-15
    ➖
    MCNEE, James Baird resigned
    director
  24. 2009-04-01
    ➖
    MCNEE, Marion Howieson Scott resigned
    director
  25. 1999-01-20
    ➖
    MCNEE, Robert resigned
    director
  26. 1998-10-07
    ➕
    MCNEE, Andrew John appointed
    director
  27. 1998-10-07
    ➕
    MCNEE, Robert Hendry appointed
    director
  28. 1997-01-06
    ➖
    MCNEE, Marion Howieson Scott resigned
    secretary
  29. 1997-01-06
    ➕
    MCNEE, Mary Orr appointed
    secretary
  30. 1986-08-18
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  31. 1967-08-07
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  32. 1965-03-23
    🏢
    Company incorporated
    As ROBERT MCNEE 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.
  • +Founder name in company name: Company name contains director surname "MCNEE" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 28 years — deep operational knowledge concentrated in one person.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 28 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 61 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

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.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Robert Hendry Mcnee
Individual · British · DOB 11/1972 · age 54
25–50%
25–50%board control25-50% shares · 25-50% voting · board control01/06/2016
Mr Andrew John Mcnee
Individual · British · DOB 11/1975 · age 51
25–50%
25–50%board control25-50% shares · 25-50% voting · board control01/06/2016
1 historic (ceased) PSC
  • Mr Robert Roy Mcneeceased 21/03/2022· 25-50% shares · board control · firm interest

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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——036y8363y
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——50024y9579y
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——£114.4k—23y8374y
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——£1.36M—43y8368y
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——£269.0k—71y8369y
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——£453.8k—41y8361y
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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
Incorporated1965-03-23
Jurisdictionscotland
Primary SIC01420 — SIC 01420

Registered office

Woodend Farm
Armadale
West Lothian
EH48 3AP

Filing status

Accounts
Next due: 2027-01-05
Last made up to: 2025-04-05
Confirmation statement
Next due: 2026-12-30
Last: 2025-12-16

Officers (2 active · 6 resigned)

MCNEE, Andrew John→
director · ~51y · appointed 1998-10-07
View their other companies + combined net worth →
Active
MCNEE, Robert Hendry→
director · ~54y · appointed 1998-10-07
View their other companies + combined net worth →
Active
MCNEE, Marion Howieson Scott→
secretary · resigned 1997-01-06
Resigned
MCNEE, Mary Orr→
secretary · appointed 1997-01-06 · resigned 2024-03-31
Resigned
MCNEE, James Baird→
director · ~73y · resigned 2009-04-15
Resigned
MCNEE, Marion Howieson Scott→
director · ~106y · resigned 2009-04-01
Resigned
MCNEE, Robert Roy→
director · ~81y · resigned 2022-03-21
Resigned
MCNEE, Robert→
director · ~109y · resigned 1999-01-20
Resigned

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

Mortgages & charges

5
Total charges
3
Outstanding
2
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Wind Estate (UK)
Wind Estate (UK) Limited
A registered charge1 property08/12/2022—
outstanding
Virgin Money
Clydesdale Bank PLC (Trading as Both Clydesdale and Yorkshire Bank) (Company Number SC001111)
A registered charge—17/05/2016—
outstanding
Virgin Money
Clydesdale Bank PLC
Standard security1 property28/10/2011—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property18/08/198604/02/2022
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Disposition1 property07/08/196717/04/2013
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (115 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-16
termination-secretary-company-with-name-termination-date
officers · TM02
2024-04-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2022-12-12
termination-director-company-with-name-termination-date
officers · TM01
2022-08-29
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-08-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-09
mortgage-satisfy-charge-full
mortgage · MR04
2022-02-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-04