MCLEOD & HIGGINS (ROOFING CONTRACTORS) LIMITED

🌳Matureactive
SC056264 · ltd · incorporated 1974-08-26
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 · high confidence
Thesis has shifted recently — watch for confirmation.
  • · Investment thesis: well_run_hard_buy → unclassified
  • · Hygiene score: 90 → 50
  • · Bankability: 77 → 57
  • · Deal-killer verdict: clean → complicated
Opportunity decay
softening · 6-months
Softening — cumulative signals suggest this becomes more negotiable over the next 3–6 months.
  • · 4 recent signals weakening vs 0 strengthening
What changed my view
Last 30 days

Picture worsened over the last 30 days — 4 negative signals vs 0 positive.

  • ·Investment thesis: well_run_hard_buy → unclassified
  • ↓Deal-killer verdict: clean → complicated
  • ↓Opportunity score: 72 → 62
  • ↓Hygiene score: 90 → 50
  • ↓Bankability: 77 → 57
  • +1 more
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
62/100
Worth a look
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Other manufacturing n.e.c.
Sector: Manufacturing
ALSO REGISTERED FOR
  • 42990Construction of other civil engineering projects n.e.c.
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 57/100. Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: File overdue accounts. Clears statutory overdue flag — immediate bankability uplift for refinance conversations. Most likely exit: refinance and hold (40/100).

🏦

Refinance opportunity

14 live charges · 4 lenders · oldest 45.9y

35/100
too messy

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

  • · Oldest live charge is 45.9 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Legal-friction score 40/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (61/100)

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
No iXBRL financials extracted
0
Lenders & charges
14 charges (14/14 with lender, 14/14 with type)
90
Directors & officers
11 officers (4 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
20 connected companies via shared directors
90
Filing history
168 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
55
Adequate — check latest filings for context.
Acquirability
50
Some acquirability indicators.
Risk profile
59
Some moderate concerns — review flags.
Signal strength
100
Good data coverage for analysis.

Recent activity

Last 30 days
2
filings
  • • 2 other
Last 90 days
2
filings
  • • 2 other
Last 180 days
3
filings
  • • 2 other
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (65 events)Click to expand
  1. 2026-06-30
    📄
    legacy
    other · GUARANTEE2
  2. 2026-06-30
    📄
    legacy
    other · AGREEMENT2
  3. 2025-06-09
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  4. 2025-06-09
    📄
    legacy
    accounts · PARENT_ACC
  5. 2025-06-09
    📄
    legacy
    other · AGREEMENT2
  6. 2025-06-09
    📄
    legacy
    other · GUARANTEE2
  7. 2024-06-10
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  8. 2024-06-10
    📄
    legacy
    accounts · PARENT_ACC
  9. 2024-06-10
    📄
    legacy
    other · AGREEMENT2
  10. 2024-06-10
    📄
    legacy
    other · GUARANTEE2
  11. 2023-07-31
    ➕
    DONALDSON, Alyson appointed
    director
  12. 2023-07-31
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2023-06-15
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  14. 2023-06-15
    📄
    legacy
    accounts · PARENT_ACC
  15. 2023-05-31
    📄
    legacy
    other · AGREEMENT2
  16. 2023-05-31
    📄
    legacy
    other · GUARANTEE2
  17. 2023-04-07
    ➖
    CAIRNS, Arlene resigned
    director
  18. 2023-04-07
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  19. 2022-07-08
    📄
    accounts-with-accounts-type-audit-exemption-subsiduary
    accounts · AA
  20. 2022-07-08
    📄
    legacy
    accounts · PARENT_ACC
  21. 2022-07-07
    📄
    legacy
    other · AGREEMENT2
  22. 2022-07-07
    📄
    legacy
    other · GUARANTEE2
  23. 2022-04-05
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  24. 2022-01-26
    🔓
    Charge satisfied #17
  25. 2022-01-26
    🔓
    Charge satisfied #16
  26. 2022-01-26
    🔓
    Charge satisfied #14
  27. 2022-01-26
    🔓
    Charge satisfied #13
  28. 2022-01-26
    🔓
    Charge satisfied #12
  29. 2021-04-01
    ➕
    MCMILLAN, Neil John appointed
    secretary
  30. 2021-03-31
    ➖
    HAWKINS, Ian Richard resigned
    secretary
  31. 2020-09-01
    ➕
    CAIRNS, Arlene appointed
    director
  32. 2020-04-01
    ➖
    CAIRNS, Scott resigned
    director
  33. 2020-02-20
    🔓
    Charge satisfied #3
  34. 2020-01-31
    ➕
    DONALDSON, Andrew Robert appointed
    director
  35. 2020-01-31
    ➕
    DONALDSON, Michael James appointed
    director
  36. 2020-01-31
    ➕
    HAWKINS, Ian Richard appointed
    secretary
  37. 2020-01-31
    ➖
    HIGGINS, Nicholas John resigned
    secretary
  38. 2020-01-31
    ➖
    BEGLEY, Gerard resigned
    director
  39. 2020-01-31
    ➕
    CAIRNS, Scott appointed
    director
  40. 2020-01-31
    ➖
    HIGGINS, Nicholas John resigned
    director
  41. 2020-01-31
    🔒
    Charge registered #17
    Lender: The Royal Bank of Scotland PLC
  42. 2020-01-29
    🔓
    Charge satisfied #15
  43. 2020-01-29
    🔓
    Charge satisfied #11
  44. 2020-01-29
    🔓
    Charge satisfied #10
  45. 2020-01-29
    🔓
    Charge satisfied #8
  46. 2020-01-29
    🔓
    Charge satisfied #5
  47. 2020-01-29
    🔓
    Charge satisfied #4
  48. 2015-02-09
    🔒
    Charge registered #16
    Lender: Bank of Scotland PLC
  49. 2009-06-29
    🔒
    Charge registered #15
    Lender: Scottish Enterprise
  50. 2009-06-29
    🔒
    Charge registered #14
    Lender: Bank of Scotland PLC
Showing most recent 50 of 65 events

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

30/100
Weak signal

Limited succession signal. Not a near-term off-market candidate.

Red flags

1 high · 1 med ·
Accounts overdue
high

Statutory accounts have not been filed by their due date. Can indicate admin breakdown, cash preservation, or deliberate delay.

Evidence: Next due: 2026-06-30

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.

Group structure

James Donaldson Group Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
James Donaldson Group Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
MCLEOD & HIGGINS (ROOFING CONTRACTORS) LIMITED
This company · SC056264

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
James Donaldson Group Ltd
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting31/01/2020
1 historic (ceased) PSC
  • Mrs Eleanor Higginsceased 31/01/2020· 75-100% shares

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 · KY postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
FTV PROCLAD (U.K.) LIMITED→
SC271316 · est 2004
———4221y8566y
FCE HYDRAULICS LTD→
SC191289 · est 1998
——£655.5k—27y8368y
PR2 ENGINEERING LIMITED→
SC278634 · est 2005 · no financials extracted
————21y8360y
STONE MARINE SERVICES LIMITED→
SC202418 · est 1999
——£2.02M—26y8375y
TEN 47 LIMITED→
SC216186 · est 2001
——£4.37M—25y8361y
AXYZ ENGINEERING LIMITED→
SC222810 · est 2001
——£552.4k—24y8265y
BELLISTON QUARRY COMPANY LTD. (THE)→
SC022558 · est 1943 · no financials extracted
————82y8294y
CONTRACT SOLUTIONS (SCOTLAND) LIMITED→
SC305000 · est 2006 · no financials extracted
————19y8275y
COOLFORCE LIMITED→
SC204027 · est 2000
———026y8261y
DAVID L DOUGLAS LIMITED→
SC385357 · est 2010
———170015y8270y
EDEN ILLUMINATION LTD→
SC365181 · est 2009
——£38.6k—16y8269y
G.S. BROWN (PRECISION ENGINEERS) LIMITED→
SC137707 · est 1992
———200034y8273y
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1974-08-26
Jurisdictionscotland
Primary SIC32990 — Other manufacturing n.e.c.

Registered office

Donaldson House Saltire Centre
Pentland Park
Glenrothes
Fife
KY6 2AG
Scotland

Filing status

Accounts
Next due: 2026-06-30OVERDUE
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-12-28
Last: 2025-12-14

Officers (4 active · 7 resigned)

MCMILLAN, Neil John→
secretary · appointed 2021-04-01
View their other companies + combined net worth →
Active
DONALDSON, Alyson→
director · ~43y · appointed 2023-07-31
View their other companies + combined net worth →
Active
DONALDSON, Andrew Robert→
director · ~44y · appointed 2020-01-31
View their other companies + combined net worth →
Active
DONALDSON, Michael James→
director · ~46y · appointed 2020-01-31
View their other companies + combined net worth →
Active
HAWKINS, Ian Richard→
secretary · appointed 2020-01-31 · resigned 2021-03-31
Resigned
HIGGINS, Nicholas John→
secretary · resigned 2020-01-31
Resigned
BEGLEY, Gerard→
director · ~73y · appointed 1996-08-31 · resigned 2020-01-31
Resigned
CAIRNS, Arlene→
director · ~48y · appointed 2020-09-01 · resigned 2023-04-07
Resigned
CAIRNS, Scott→
director · ~59y · appointed 2020-01-31 · resigned 2020-04-01
Resigned
HIGGINS, Nicholas John→
director · ~74y · resigned 2020-01-31
Resigned
HIGGINS, Patrick→
director · ~104y · resigned 1996-08-31
Resigned

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

Mortgages & charges

14
Total charges
0
Outstanding
0
Active lenders
Status:Lender:14 of 14 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge—31/01/202026/01/2022
satisfied
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property09/02/201526/01/2022
satisfied
Scottish Enterprise
Standard security1 property29/06/200929/01/2020
satisfied
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property29/06/200926/01/2022
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property10/08/200026/01/2022
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property28/10/199926/01/2022
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property28/10/199929/01/2020
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property23/09/199129/01/2020
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property16/03/199029/01/2020
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties23/05/198829/01/2020
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security2 properties23/05/198829/01/2020
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property09/05/198820/02/2020
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property22/11/198409/11/1988
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property14/08/198009/11/1988

Recent filings (168 total)

legacy
other · GUARANTEE2
2026-06-30
legacy
other · AGREEMENT2
2026-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-15
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2025-06-09
legacy
accounts · PARENT_ACC
2025-06-09
legacy
other · AGREEMENT2
2025-06-09
legacy
other · GUARANTEE2
2025-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-30
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2024-06-10
legacy
accounts · PARENT_ACC
2024-06-10
legacy
other · AGREEMENT2
2024-06-10
legacy
other · GUARANTEE2
2024-06-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-15
appoint-person-director-company-with-name-date
officers · AP01
2023-07-31
accounts-with-accounts-type-audit-exemption-subsiduary
accounts · AA
2023-06-15