SIMON URQUHART LIMITED
🌳Matureactive
SC090340 · ltd · incorporated 1984-11-02
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 41.1y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£724.8k
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: SIC 46770
Sector: Wholesale & retail
Investor take
PursueActive trading company with a 87-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 87). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
3 live charges · 2 lenders · oldest 41.1y
50/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 41.1 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · 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, 1 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
122 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 declaredPositive net assets
Net assets £724,779
Net assets shrinking
Down £21,484 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£725k
↓ 2.9% YoY
Current Assets
£254k
↓ 8.5% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2024-11-30 | 2023-11-30 |
|---|---|---|
| Total assets | £724.8k | £746.9k |
| Current assets | £254.0k | £277.5k |
| Net assets | £724.8k | £746.3k |
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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
- 2025-05-27📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-05-01📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-06-02📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2023-05-17📄capital-name-of-class-of-sharescapital · SH08
- 2023-05-17📄resolutionresolution · RESOLUTIONS
- 2022-08-29📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-05-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-04-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-03-19📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-03-18📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2019-04-24📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2018-08-16📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2017-04-12📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2017-02-13📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2017-02-11📄mortgage-satisfy-charge-fullmortgage · MR04
- 2017-02-11🔓Charge satisfied #1
- 2017-02-10🔒Charge registered #3Lender: Inveraldie Properties Limited
- 2012-08-27➖LAWRIE, Errol Johnston resigneddirector
- 2007-02-01➕LAWRIE, Errol Johnston appointeddirector
- 2003-03-10➖LAWRIE, Errol Johnston resigneddirector
- 2002-11-26➕MACAULAY, Tracey Elizabeth appointedsecretary
- 2002-11-26➖BEATTIE, William Gordon resignedsecretary
- 1999-10-01➕MACAULAY, Tracey Elizabeth appointeddirector
- 1991-12-01➕BEATTIE, William Gordon appointedsecretary
- 1991-11-30➖LOW, William resignedsecretary
- 1991-11-30➖LOW, William resigneddirector
- 1986-04-01🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1985-03-07🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1984-11-02🏢Company incorporatedAs SIMON URQUHART LIMITED
Owner dependency
83/100
Critical — business is the founderThe 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 27 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 87 — succession pressure is live.
Succession & seller-readiness
96/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 87 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 27 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 41 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
cleanNo 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 |
|---|---|---|---|---|
Mrs Tracey Elizabeth Macaulay Individual · British · DOB 03/1971 · age 55 | 50–75% | 50–75% | 50-75% shares · 50-75% voting | 01/12/2016 |
Mr William Gordon Beattie Individual · British · DOB 09/1939 · age 87 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 09/03/2020 |
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 · Wholesale & distribution · DD postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| FRUNCHII LTD→ SC840402 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| KCEL LTD→ SC836968 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| LARGO MG LTD→ SC841828 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| PENTLAND AUCTIONS LIMITED→ SC548885 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| POTATO DEVELOPMENTS LIMITED→ SC773791 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| QUINTA KAMADO LIMITED→ SC517717 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| R & M BEARINGS INTERNATIONAL (HOLDINGS) LIMITED→ SC581599 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| RADIANCE HAIR SHOP AND STUDIO LIMITED→ SC848680 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| RENEWABLE ENERGY COMPLIANCE LTD→ SC809880 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| SARAH MACKIE LIMITED→ SC551281 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| SMART ECO TRADING LTD→ SC615756 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| SMITHFIELD FARMS (DUNDEE) LIMITED→ SC616934 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated1984-11-02
Jurisdictionscotland
Primary SIC46770 — SIC 46770
Registered office
Orchardbank Ind Estate
Forfar
DD8 1TD
Filing status
Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-06-01
Last: 2025-05-18
Officers (3 active · 5 resigned)
MACAULAY, Tracey Elizabeth→
Activesecretary · appointed 2002-11-26
View their other companies + combined net worth →
Active
MACAULAY, Tracey Elizabeth→
Activedirector · ~55y · appointed 1999-10-01
View their other companies + combined net worth →
BEATTIE, William Gordon→
Resignedsecretary · appointed 1991-12-01 · resigned 2002-11-26
LOW, William→
Resignedsecretary · resigned 1991-11-30
LAWRIE, Errol Johnston→
Resigneddirector · ~78y · appointed 2007-02-01 · resigned 2012-08-27
LAWRIE, Errol Johnston→
Resigneddirector · ~78y · resigned 2003-03-10
LOW, William→
Resigneddirector · resigned 1991-11-30
Click a director name to see their full track record across all companies.
Mortgages & charges
3
Total charges
2
Outstanding
2
Active lenders
Status:Lender:3 of 3 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Inveraldie Properties Inveraldie Properties Limited | A registered charge | 1 property | 10/02/2017 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 01/04/1986 | — | |
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 07/03/1985 | 11/02/2017 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (122 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-02
accounts-with-accounts-type-micro-entity
accounts · AA
2025-05-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-05-23
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-01
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-05-18
capital-name-of-class-of-shares
capital · SH08
2023-05-17
resolution
resolution · RESOLUTIONS
2023-05-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-09
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-12-16
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-10
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2020-04-06