MORRISON & MACDONALD (HOLDINGS) LIMITED

🌳Matureactive
SC063505 · ltd · incorporated 1977-11-18
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2024
Net worth
£332.1k
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (68/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -41% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 37.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 37.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 4 with DOB)
86
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
96 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £332,141
Net assets shrinking
Down £33,375 YoY
Cash draining
Cash down 41% YoY
Cash YoY
-41%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£104k
↓ 41% YoY
Net Worth
£332k
↓ 9.1% YoY
Current Assets
£235k
↓ 26% YoY
Current Liabilities
£0£73k£146k£219k£292k£366kSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£332.6k£366.1k
Current assets£235.4k£318.3k
Cash£104.5k£176.8k
Debtors£128.9k£139.5k
Net assets£332.1k£365.5k

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
2
filings
  • 2 persons-with-significant-control
Last 90 days
2
filings
  • 2 persons-with-significant-control
Last 180 days
2
filings
  • 2 persons-with-significant-control
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-04-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  2. 2026-04-20
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  3. 2025-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-05-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-01-24
    SMITH, Ishbel Mary resigned
    director
  6. 2024-01-24
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  7. 2023-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-06-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-06-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-08-19
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2020-08-19
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  12. 2020-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2019-12-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2019-11-02
    MACDONALD, John Macnair resigned
    director
  15. 2019-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-06-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-08-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2017-08-16
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  19. 2013-09-27
    🔓
    Charge satisfied #1
  20. 1988-08-22
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  21. 1977-11-18
    🏢
    Company incorporated
    As MORRISON & MACDONALD (HOLDINGS) LIMITED

Owner dependency

96/100
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 "MACDONALD" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

76/100
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 71 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 48 years old and no new directors in the last 3 years — succession not yet being planned internally.

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
NameSharesVoting rightsNature of controlNotified
Mr Robert Alasdair Macdonald
Individual · British · DOB 10/1955 · age 71
sig. influencesignificant influence30/06/2016
Mr Iain Duncan Macdonald
Individual · British · DOB 05/1959 · age 67
sig. influencesignificant influence30/06/2016
3 historic (ceased) PSCs
  • Mrs Isobel Jean Macdonaldceased 10/03/2026· 50-75% shares
  • Mrs Ishbel Mary Smithceased 24/01/2024· 25-50% shares
  • Mr John Macnair Macdonaldceased 02/11/2019· 50-75% 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 · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
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

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
Incorporated1977-11-18
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

63 Murray Street
Paisley
PA3 1QW

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (3 active · 2 resigned)

MACDONALD, Robert Alasdair
secretary
View their other companies + combined net worth →
Active
MACDONALD, Iain Duncan
director · ~67y
View their other companies + combined net worth →
Active
MACDONALD, Robert Alasdair
director · ~71y
View their other companies + combined net worth →
Active
MACDONALD, John Macnair
director · ~96y · resigned 2019-11-02
Resigned
SMITH, Ishbel Mary
director · ~102y · resigned 2024-01-24
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property22/08/198827/09/2013

Recent filings (96 total)

cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-20
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2026-04-20
confirmation-statement-with-updates
confirmation-statement · CS01
2025-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-28
termination-director-company-with-name-termination-date
officers · TM01
2024-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-02
confirmation-statement-with-updates
confirmation-statement · CS01
2020-08-19
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2020-08-19