HAY & MACLEOD LTD

🌳Matureactive
SC093693 · ltd · incorporated 1985-06-07
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.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 24.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
—
book net assets
Opportunity
78/100
Strong
🔔
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What this business does
Primary activity: Non-trading company
Sector: Professional, scientific & technical
Investor take
Pursue
Dormant / non-trading with a 68-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 85/100. Strong seller-intent signal (78/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 24.5y

70/100
ready

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

  • · Oldest live charge is 24.5 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 20/100 — clean.

Data confidence

Overall: high (84/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
20 officers (2 active, 20 linked, 18 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
17 connected companies via shared directors
90
Filing history
154 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days
0
filings
Last 90 days
0
filings
Last 180 days
2
filings
  • • 2 officers
Counts from Companies House filing history.
Corporate timeline (58 events)Click to expand
  1. 2026-01-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2026-01-12
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  3. 2026-01-01
    ➕
    SLOAN, Michael Robert William appointed
    director
  4. 2025-12-31
    ➖
    DONAGHEY, Bryan Harold resigned
    director
  5. 2025-05-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2024-09-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2023-08-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2022-09-12
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2021-09-17
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2020-09-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-09-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-09-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2016-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-04-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  16. 2016-01-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  17. 2015-09-24
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  18. 2014-11-24
    ➕
    DONAGHEY, Bryan Harold appointed
    director
  19. 2014-10-31
    ➕
    CO, Winston Sy appointed
    director
  20. 2014-10-31
    ➖
    MENON, Hemanth Nandakumar resigned
    director
  21. 2014-10-29
    ➖
    ROY, Ashoke Kumar resigned
    director
  22. 2010-03-31
    ➖
    DOUGLAS, John Alexander George resigned
    director
  23. 2009-10-15
    ➖
    HANLON, James Francis resigned
    secretary
  24. 2009-10-15
    ➖
    HANLON, James Francis resigned
    director
  25. 2009-10-14
    ➕
    DOUGLAS, John Alexander George appointed
    director
  26. 2009-10-14
    ➕
    MENON, Hemanth Nandakumar appointed
    director
  27. 2007-10-05
    🔓
    Charge satisfied #4
  28. 2007-10-05
    🔓
    Charge satisfied #3
  29. 2007-05-16
    ➖
    FRAGIS, Iacovos resigned
    director
  30. 2007-05-16
    ➕
    ROY, Ashoke Kumar appointed
    director
  31. 2007-03-26
    🔓
    Charge satisfied #2
  32. 2007-03-26
    🔓
    Charge satisfied #1
  33. 2005-02-01
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland as Security Trustee
  34. 2005-02-01
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland as Security Trustee
  35. 2004-03-19
    ➖
    MCCROSKIE, Scott John resigned
    director
  36. 2004-03-02
    ➕
    FRAGIS, Iacovos appointed
    director
  37. 2003-07-14
    ➖
    MACEACHRAN, Ronald Bannatyne resigned
    director
  38. 2003-07-14
    ➕
    MCCROSKIE, Scott John appointed
    director
  39. 2003-04-03
    ➖
    MEGSON, Brian John resigned
    director
  40. 2003-02-18
    ➕
    MACEACHRAN, Ronald Bannatyne appointed
    director
  41. 2001-10-15
    🔒
    Charge registered #2
    Lender: Westdeutsche Landesbank Girozentrale
  42. 2001-10-15
    🔒
    Charge registered #1
    Lender: Westdeutsche Landesbank Girozentrale
  43. 1999-06-24
    ➖
    HITCHCOCK, Kenneth Walter resigned
    director
  44. 1996-02-29
    ➕
    HANLON, James Francis appointed
    director
  45. 1996-02-29
    ➖
    MCCALL, Robert Henry resigned
    director
  46. 1996-02-29
    ➕
    MEGSON, Brian John appointed
    director
  47. 1996-02-29
    ➖
    RIDDELL, Eric Adam resigned
    director
  48. 1996-02-29
    ➖
    WILSON, Peter Michael resigned
    director
  49. 1995-07-10
    ➕
    HITCHCOCK, Kenneth Walter appointed
    director
  50. 1995-06-26
    ➖
    LUNN, George Michael resigned
    director
Showing most recent 50 of 58 events

Owner dependency

73/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder age: Director aged approximately 68 — succession pressure is live.

Succession & seller-readiness

61/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·
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

Whyte And Mackay Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Whyte And Mackay Limited
Corporate parent · holds 75-100% shares
ultimate parent
⬇
HAY & MACLEOD LTD
This company · SC093693

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
Whyte And Mackay Limited
Corporate entity
75–100%
—75-100% shares06/04/2016

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 →

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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
Incorporated1985-06-07
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

4th Floor St. Vincent Plaza
319 St. Vincent Street
Glasgow
G2 5RG
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09

Officers (2 active · 18 resigned)

CO, Winston Sy→
director · ~68y · appointed 2014-10-31
View their other companies + combined net worth →
Active
SLOAN, Michael Robert William→
director · ~48y · appointed 2026-01-01
View their other companies + combined net worth →
Active
HANLON, James Francis→
secretary · appointed 1991-01-03 · resigned 2009-10-15
Resigned
RIDDELL, Eric Adam→
secretary · resigned 1991-01-03
Resigned
DONAGHEY, Bryan Harold→
director · ~65y · appointed 2014-11-24 · resigned 2025-12-31
Resigned
DOUGLAS, John Alexander George→
director · ~62y · appointed 2009-10-14 · resigned 2010-03-31
Resigned
FRAGIS, Iacovos→
director · ~75y · appointed 2004-03-02 · resigned 2007-05-16
Resigned
HANLON, James Francis→
director · ~77y · appointed 1996-02-29 · resigned 2009-10-15
Resigned
HITCHCOCK, Kenneth Walter→
director · ~84y · appointed 1995-07-10 · resigned 1999-06-24
Resigned
HOUSEHAM, Anthony Derwent→
director · ~94y · appointed 1990-02-20 · resigned 1994-01-31
Resigned
LUNN, George Michael→
director · ~84y · resigned 1995-06-26
Resigned
MACEACHRAN, Ronald Bannatyne→
director · ~69y · appointed 2003-02-18 · resigned 2003-07-14
Resigned
MCCALL, Robert Henry→
director · ~95y · resigned 1996-02-29
Resigned
MCCROSKIE, Scott John→
director · ~59y · appointed 2003-07-14 · resigned 2004-03-19
Resigned
MEGSON, Brian John→
director · ~72y · appointed 1996-02-29 · resigned 2003-04-03
Resigned
MENON, Hemanth Nandakumar→
director · ~55y · appointed 2009-10-14 · resigned 2014-10-31
Resigned
RIDDELL, Eric Adam→
director · ~90y · resigned 1996-02-29
Resigned
ROY, Ashoke Kumar→
director · ~70y · appointed 2007-05-16 · resigned 2014-10-29
Resigned
WALKER, George Alfred→
director · ~97y · appointed 1989-02-07 · resigned 1990-02-20
Resigned
WILSON, Peter Michael→
director · ~85y · appointed 1990-02-20 · resigned 1996-02-29
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland as Security Trustee
Fixed charge and assignment1 property01/02/200505/10/2007
satisfied
Lloyds Banking Group
The Governor and Company of the Bank of Scotland as Security Trustee
Floating charge1 property01/02/200505/10/2007
satisfied
Westdeutsche Landesbank Girozentrale
Floating charge3 properties15/10/200126/03/2007
satisfied
Westdeutsche Landesbank Girozentrale
Floating charge1 property15/10/200126/03/2007

Recent filings (154 total)

appoint-person-director-company-with-name-date
officers · AP01
2026-01-12
termination-director-company-with-name-termination-date
officers · TM01
2026-01-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-13
accounts-with-accounts-type-dormant
accounts · AA
2025-05-23
accounts-with-accounts-type-dormant
accounts · AA
2024-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-17
accounts-with-accounts-type-dormant
accounts · AA
2023-08-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-16
accounts-with-accounts-type-dormant
accounts · AA
2022-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-01-17
accounts-with-accounts-type-dormant
accounts · AA
2021-09-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-01-19
accounts-with-accounts-type-micro-entity
accounts · AA
2020-09-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-01-15