MACIAIN LTD.

🌳Matureactive

SC061711 · ltd · incorporated 1977-02-16

Investment thesis

Property vehicle with a workable charge structure — clean refinance potential.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Dependent on title and valuation due diligence; standard property risks.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 46.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

£-2.06M

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 02100

Sector: Agriculture, forestry & fishing

ALSO REGISTERED FOR

08990SIC 08990
41201Construction of commercial buildings

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 93). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 46.1y

85/100

ready

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

· Oldest live charge is 46.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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

Company profile

address, 3 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

7 officers (7 active, 7 linked, 6 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

132 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £2,056,558

Cash YoY

+8458%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£65k

↑ 8458% YoY

Net Worth

-£2.1m

~ YoY

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-10-31	2023-10-31
Cash	£65.4k	£764
Net assets	£-2.06M	£-2.04M

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (28 events)Click to expand

2025-10-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-21
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-19
📍
move-registers-to-registered-office-company-with-new-address
address · AD04
2024-10-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-27
📄
gazette-filings-brought-up-to-date
gazette · DISS40
2024-01-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-16
📄
dissolved-compulsory-strike-off-suspended
dissolution · DISS16(SOAS)
2023-12-26
📄
gazette-notice-compulsory
gazette · GAZ1
2022-10-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-06
📄
change-person-director-company-with-change-date
officers · CH01
2020-10-06
📄
change-person-director-company-with-change-date
officers · CH01
2020-10-06
📄
change-person-director-company-with-change-date
officers · CH01
2020-09-30
📄
change-person-director-company-with-change-date
officers · CH01
2020-09-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-10
📄
change-person-director-company-with-change-date
officers · CH01
2019-12-10
📄
change-person-director-company-with-change-date
officers · CH01
2017-05-09
🔓
Charge satisfied #2
2017-05-09
🔓
Charge satisfied #1
1999-05-01
➕
JOHNSON, Angus Macdonald appointed
director
1999-05-01
➕
JOHNSON, Catriona Mairi appointed
director
1999-05-01
➕
JOHNSON, Eilidh Deirdre appointed
director
1999-05-01
➕
MACIAIN, Raghnall Padruig appointed
director
1983-04-05
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1980-03-07
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1977-02-16
🏢
Company incorporated
As MACIAIN LTD.

Owner dependency

88/100

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

-6 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "MACIAIN" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 27 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 27 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 49 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

Name	Shares	Voting rights	Nature of control	Notified
Donald Angus Johnson Individual · British · DOB 05/1933 · age 93	—	25–50%	25-50% voting	06/04/2016
Catherine Margaret Johnson Individual · British · DOB 10/1943 · age 83	—	25–50%	25-50% voting	06/04/2016

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

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Active · Agriculture · HS postcode area

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GREENSTONE FISHING LIMITED→ SC666436 · est 2020	£9.6k £7.4k–£11.8k	£63.7k	—	200	5y	84	47y
HEBRIDEAN SMOLTS LIMITED→ SC235174 · est 2002	—	—	£500.7k	—	23y	82	59y
MACSWEEN'S DUNGANICHY LTD→ SC273960 · est 2004	—	—	£212.1k	—	21y	82	71y
S & SG LTD→ SC253571 · est 2003	—	—	—	100	22y	82	68y
SCARISTAVORE CROFTING TRUST LIMITED→ SC195471 · est 1999	—	—	£59.6k	—	27y	81	85y
AQUARIA (GRIMSAY) LTD→ SC476899 · est 2014	—	—	£465.4k	—	11y	80	70y
D MACINNES ASSOCIATES LTD→ SC259251 · est 2003	—	—	£23.2k	—	22y	80	73y
GAELTONE LIMITED→ SC289027 · est 2005	—	—	£1.0k	—	20y	80	84y
JACAMAR FISHING LTD→ SC336198 · est 2008	—	—	£24.5k	—	18y	80	62y
ASTRONAUT SHELLFISH LIMITED→ SC421678 · est 2012	—	—	£107.5k	—	14y	79	62y
CARLOWAY CROFTS LIMITED→ SC476584 · est 2014	—	—	£58.0k	—	11y	79	59y
DAWN SHELLFISH LIMITED→ SC341117 · est 2008 · no financials extracted	—	—	—	—	18y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1977-02-16

Jurisdictionscotland

Primary SIC02100 — SIC 02100

Registered office

Cnoc-An-Locha

Middle Quarter

Sollas

North Uist

HS6 5BU

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-06-03

Last: 2025-05-20