WM. LUNDIE & COMPANY

🌳Matureactive

SC056140 · private-unlimited · incorporated 1974-08-07

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 steady · low confidence

Steady and tidy — no seller pressure yet. Approach only if an angle opens.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 50.3y old — refinance window within 12 months

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

—

not disclosed

Net worth

—

book net assets

Opportunity

82/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 11010

Sector: Manufacturing

Investor take

Pursue

Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 75). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 50.3y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 50.3 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (58/100)

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

No iXBRL financials extracted

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

7 officers (3 active, 7 linked, 5 with DOB)

Ownership & PSC

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

Director network

4 connected companies via shared directors

Filing history

96 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

PassWatchWorth a lookStrongExceptional

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

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.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2021-08-04
📄
change-person-director-company-with-change-date
officers · CH01
2016-05-20
📄
appoint-person-director-company-with-name-date
officers · AP01
2016-05-20
📄
termination-director-company-with-name-termination-date
officers · TM01
2016-05-18
➕
BELFORD, Douglas Malcolm Burd appointed
director
2016-05-18
➖
HUNTER, John William resigned
director
2015-07-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-08-20
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2013-07-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2012-07-31
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2011-08-24
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2010-08-05
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2009-08-04
📄
legacy
annual-return · 363a
2008-07-31
📄
legacy
annual-return · 363a
2007-08-01
📄
legacy
annual-return · 363a
2007-08-01
📄
legacy
officers · 288c
2006-08-18
📄
legacy
annual-return · 363s
2005-08-25
📄
legacy
annual-return · 363s
2004-10-06
➕
BELFORD, Douglas Malcolm Burd appointed
secretary
2004-10-06
➕
GRANT, John Lynburn Scott appointed
director
2004-10-06
➖
LUNDIE, Alan William resigned
secretary
2004-10-06
➕
HUNTER, John William appointed
director
2004-10-06
➖
LUNDIE, Alan William resigned
director
2004-10-06
➖
LUNDIE, Bruce Robert resigned
director
2004-10-05
🔓
Charge satisfied #1
1976-04-02
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1974-08-07
🏢
Company incorporated
As WM. LUNDIE & COMPANY

Owner dependency

83/100

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 22 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

96/100

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 75 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 52 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

Name	Shares	Voting rights	Nature of control	Notified
Mr John Lynburn Scott Grant Individual · British · DOB 07/1951 · age 75	—	—	sig. influencesignificant influence	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 · Food & drink · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
KEPAK GROUP LIMITED→ SC440783 · est 2013	£32.76M £24.14M–£41.39M	£648.38M	—	147800	13y	88	75y
THISTLE SEAFOODS LIMITED→ SC223362 · est 2001	£20.49M £15.10M–£25.88M	£161.38M	—	58800	24y	80	60y
EAST COAST VINERS GRAIN (DRUMLITHIE) LIMITED→ SC465482 · est 2013	£10.04M £7.40M–£12.68M	£55.24M	—	6600	12y	95	79y
MACKIE'S LIMITED→ SC030096 · est 1954	£8.51M £6.27M–£10.75M	—	—	115	72y	84	62y
LOSSIE SEAFOODS LTD.→ SC145004 · est 1993	£2.18M £1.61M–£2.75M	—	—	424	33y	90	53y
COLIN FRASER LIMITED→ SC236839 · est 2002	—	—	£690.5k	—	23y	82	65y
GT SEAFOODS LIMITED→ SC241817 · est 2003	—	—	£2.21M	—	23y	82	62y
HOME BAKERY (BUCKIE) LIMITED→ SC104797 · est 1987	—	—	—	2600	39y	82	75y
J.G. ROSS (BAKERS) LIMITED→ SC062889 · est 1977	—	—	£3.22M	—	48y	82	64y
M GEDDES LTD.→ SC277504 · est 2004	—	—	£176.6k	—	21y	82	63y
SINCLAIR'S OF RHYNIE LIMITED→ SC314515 · est 2007	—	—	£1.17M	—	19y	82	62y
SUMMER ISLES FOODS (1993) LIMITED→ SC142422 · est 1993 · no financials extracted	—	—	—	—	33y	82	65y

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

Typeprivate-unlimited

Incorporated1974-08-07

Jurisdictionscotland

Primary SIC11010 — SIC 11010

Registered office

Rechlerich

Ballindalloch

AB37 9BD

Filing status

Accounts

Next due: —

Last made up to: 2004-03-31

Confirmation statement

Next due: 2026-08-11

Last: 2025-07-28

Officers (3 active · 4 resigned)

BELFORD, Douglas Malcolm Burd→

secretary · appointed 2004-10-06

View their other companies + combined net worth →

Active

BELFORD, Douglas Malcolm Burd→

director · ~53y · appointed 2016-05-18

View their other companies + combined net worth →

Active

GRANT, John Lynburn Scott→

director · ~75y · appointed 2004-10-06

View their other companies + combined net worth →

Active

LUNDIE, Alan William→

secretary · resigned 2004-10-06

Resigned

HUNTER, John William→

director · ~76y · appointed 2004-10-06 · resigned 2016-05-18

Resigned

LUNDIE, Alan William→

director · ~75y · resigned 2004-10-06

Resigned

LUNDIE, Bruce Robert→

director · ~82y · resigned 2004-10-06

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Floating charge	1 property	02/04/1976	05/10/2004