MACKINNON OF SCOTLAND LIMITED
⚰️Wound downdissolved
SC106601 · ltd · incorporated 1987-09-11
Investment thesis
Company dissolved — not a live target.
Why interesting: Historical record only; useful for precedent research.
Why risky: Not transactable.
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
50/100
Worth a look
What this business does
Primary activity: SIC 1712
Sector: Manufacturing
ALSO REGISTERED FOR
- 1772SIC 1772
Investor take
Pass (distressed without resilience)Distressed unclear — structural issues outweigh the discount.
Opportunity 50/100 (worth a look), bankability 32/100. Strong seller-intent signal (65/100, director aged 60). Asset purchase likely safer than share purchase given structural signals. Biggest value-creation lever: Consolidate lender relationships. 6 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: asset disposal / carve-out (45/100). Current lenders should be on monthly review.
🏦
Refinance opportunity
7 live charges · 6 lenders · oldest 35.4y
25/100
too messy
Structure is too messy for a clean refinance right now — clean up first or expect bespoke terms.
- · Oldest live charge is 35.4 years old — likely at or near maturity.
- · 6 lenders named — inter-creditor friction likely.
- · Legal-friction score 60/100 (high).
Data confidence
Overall: low (51/100)Sparse data coverage. Treat AI-generated outputs as preliminary. Manual diligence essential.
Company profile
address, 2 SIC codes, incorporation date
100
Financials
No iXBRL financials extracted
0
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
21 officers (2 active, 21 linked, 12 with DOB)
81
Ownership & PSC
No PSCs filed (unusual — worth investigating)
35
Director network
10 connected companies via shared directors
75
Filing history
122 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
50/100Worth a look
PassWatchWorth a lookStrongExceptional
Mixed signal. Worth opening the full target workup before deciding to pursue.
Business quality
10
Concerning — overdue filings or status flags present.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
41
Multiple red flags — proceed with caution.
Signal strength
100
Good data coverage for analysis.
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 (72 events)Click to expand
- 2010-03-24⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2010-03-24🏁Company dissolved
- 2009-12-24⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2009-12-24⚠️liquidation-compulsory-return-of-final-meeting-scotlandinsolvency · 4.17(Scot)
- 2009-12-24⚠️liquidation-voluntary-return-of-final-meeting-scotlandinsolvency · 4.26(Scot)
- 2008-12-31📄resolutionresolution · RESOLUTIONS
- 2008-12-15📍legacyaddress · 287
- 2008-04-03📄legacyofficers · 288a
- 2008-04-03📄legacyofficers · 288a
- 2008-03-11📄legacyofficers · 288b
- 2008-03-11📄legacyofficers · 288b
- 2008-03-11📄legacyofficers · 288b
- 2008-02-22➕BRYARS, Sian appointedsecretary
- 2008-02-22➕BRYARS, David Andrew appointeddirector
- 2008-02-22➖CARRUTHERS, June resignedsecretary
- 2008-02-22➖HOUSTON, David Oliver resigneddirector
- 2008-02-22➖WHITAKER, Alec resigneddirector
- 2008-02-22📄legacymortgage · 410(Scot)
- 2008-02-22📄legacymortgage · 410(Scot)
- 2008-02-22📄legacymortgage · 410(Scot)
- 2008-02-19📄legacyaccounts · 225
- 2008-02-08🔒Charge registered #7Lender: The Edinburgh Woollen Mill (Group) Limited
- 2008-02-08🔒Charge registered #6Lender: The Edinburgh Woollen Mill Limited
- 2008-02-08🔒Charge registered #5Lender: Ewm (Topco) Limited
- 2007-09-24📄accounts-with-accounts-type-fullaccounts · AA
- 2007-03-28📄legacyannual-return · 363a
- 2007-03-28📍legacyaddress · 190
- 2006-09-13📄accounts-with-accounts-type-fullaccounts · AA
- 2006-03-22📄legacyannual-return · 363a
- 2005-08-30📄accounts-with-accounts-type-fullaccounts · AA
- 2005-04-06📄legacyannual-return · 363s
- 2005-03-15📄legacymortgage · 410(Scot)
- 2005-03-04📄legacycapital · 155(6)a
- 2005-03-02📄legacymortgage · 419a(Scot)
- 2005-03-02🔓Charge satisfied #3
- 2005-03-02🔓Charge satisfied #2
- 2005-02-25🔒Charge registered #4Lender: Barclays Bank PLC as Security Trustee
- 2002-11-15🔒Charge registered #3Lender: The Governor and Company of the Bank of Scotland
- 2001-07-25➖BIRRELL, Colin resigneddirector
- 2001-07-25➖MCGIBBON, David Campbell resigneddirector
- 2001-07-25🔒Charge registered #2Lender: The Governor and Company of the Bank of Scotland
- 2001-06-21➕WHITAKER, Alec appointeddirector
- 2001-05-31➕CARRUTHERS, June appointedsecretary
- 2001-05-31➖DUNBAR, Jennifer Mary resignedsecretary
- 2000-03-28➖STEVENSON, David Deas resigneddirector
- 2000-01-20➖COWAN, David Herbert resignedsecretary
- 2000-01-20➕DUNBAR, Jennifer Mary appointedsecretary
- 2000-01-20➕BIRRELL, Colin appointeddirector
- 2000-01-20➖COWAN, David Herbert resigneddirector
- 2000-01-20➖HAYWARD, Graham John resigneddirector
Showing most recent 50 of 72 events
Owner dependency
93/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Long-tenure founder: Senior director has been in place 18 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
78/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 18 years.
- secondaryStable-but-static management: Company is 39 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
2 high · 1 med ·Company dissolved
highCompany has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2010-03-24
4 insolvency-related filings on record
highFilings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2010-03-24: gazette-dissolved-liquidation; 2009-12-24: liquidation-voluntary-return-of-final-meeting-scotland
Charge satisfaction-then-recreation pattern
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
🔒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 · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| CLAYMORE LOCK AND SAFE COMPANY LIMITED→ SC219182 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| COCOMEL SOAPS LIMITED→ SC671471 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| COUTTS CARPENTRY EDINBURGH LTD→ SC685118 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| CRAWFORD DOORS SCOTLAND LIMITED→ SC798988 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| D ADAM MECHANICAL SERVICES LIMITED→ SC858484 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| D T SCREEN LTD→ SC214102 · est 2000 · no financials extracted | — | — | — | — | 25y | — | — |
| D.H. PHOTOBOOTHS & EVENTS LTD→ SC623334 · est 2019 · no financials extracted | — | — | — | — | 7y | — | — |
| DAR ROPE ACCESS LIMITED→ SC487487 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| DART ENERGY (EUROPE) LIMITED→ SC259898 · est 2003 · no financials extracted | — | — | — | — | 22y | — | — |
| DAVID SHAW LTD→ SC409009 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| DISTELL.COM LTD→ SC445010 · est 2013 · no financials extracted | — | — | — | — | 13y | — | — |
| DIVOTEND SCOTLAND LTD→ SC394060 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
11 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
Statusdissolved
Typeltd
Incorporated1987-09-11
Jurisdictionscotland
Primary SIC1712 — SIC 1712
Registered office
C/O Tenon Recovery
160 Dundee Street
Edinburgh
EH11 1DQ
Filing status
Accounts
Next due: —
Last made up to: 2007-02-24
Confirmation statement
Next due: —
Last: —
Officers (0 active · 19 resigned)
Active
BRYARS, David Andrew→
Activedirector · ~60y · appointed 2008-02-22
View their other companies + combined net worth →
AINSLIE, James Thomas Heard→
Resignedsecretary · resigned 1991-04-15
CARRUTHERS, June→
Resignedsecretary · appointed 2001-05-31 · resigned 2008-02-22
COWAN, David Herbert→
Resignedsecretary · appointed 1997-12-01 · resigned 2000-01-20
DUNBAR, Jennifer Mary→
Resignedsecretary · appointed 2000-01-20 · resigned 2001-05-31
DUNBAR, Jennifer Mary→
Resignedsecretary · appointed 1991-04-15 · resigned 1994-12-19
FERRIE, David Francis→
Resignedsecretary · appointed 1996-11-01 · resigned 1997-12-01
FERRIE, David Francis→
Resignedsecretary · appointed 1994-12-19 · resigned 1996-06-13
MCINTOSH, Colin William→
Resignedsecretary · appointed 1996-06-13 · resigned 1996-11-01
AINSLIE, James Thomas Heard→
Resigneddirector · ~90y · resigned 1996-01-31
BIRRELL, Colin→
Resigneddirector · ~71y · appointed 2000-01-20 · resigned 2001-07-25
CHARLTON, John Joseph→
Resigneddirector · ~68y · appointed 1996-02-01 · resigned 1997-12-01
COWAN, David Herbert→
Resigneddirector · ~75y · appointed 1997-12-01 · resigned 2000-01-20
ELLIOT, John Johnstone→
Resigneddirector · ~79y · resigned 1996-01-31
HAYWARD, Graham John→
Resigneddirector · ~75y · appointed 1995-06-01 · resigned 2000-01-20
HOUSTON, David Oliver→
Resigneddirector · ~73y · appointed 2000-01-20 · resigned 2008-02-22
MCGIBBON, David Campbell→
Resigneddirector · ~79y · appointed 2000-01-20 · resigned 2001-07-25
STEVENSON, David Deas→
Resigneddirector · ~85y · resigned 2000-03-28
TAYLOR, Anthony Bichard→
Resigneddirector · ~88y · resigned 1997-12-01
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
4
Outstanding
4
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | The Edinburgh Woollen Mill (Group) The Edinburgh Woollen Mill (Group) Limited | Bond & floating charge | 1 property | 08/02/2008 | — | |
| outstanding | The Edinburgh Woollen Mill The Edinburgh Woollen Mill Limited | Bond & floating charge | 1 property | 08/02/2008 | — | |
| outstanding | Ewm (Topco) Ewm (Topco) Limited | Bond & floating charge | 1 property | 08/02/2008 | — | |
| outstanding | Barclays Barclays Bank PLC as Security Trustee | Floating charge | 1 property | 25/02/2005 | — | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 3 properties | 15/11/2002 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Floating charge | 3 properties | 25/07/2001 | 02/03/2005 | |
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 12/11/1990 | 13/12/1996 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (122 total)
gazette-dissolved-liquidation
gazette · GAZ2
2010-03-24
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2009-12-24
liquidation-compulsory-return-of-final-meeting-scotland
insolvency · 4.17(Scot)
2009-12-24
liquidation-voluntary-return-of-final-meeting-scotland
insolvency · 4.26(Scot)
2009-12-24
resolution
resolution · RESOLUTIONS
2008-12-31
legacy
address · 287
2008-12-15
legacy
officers · 288a
2008-04-03
legacy
officers · 288a
2008-04-03
legacy
officers · 288b
2008-03-11
legacy
officers · 288b
2008-03-11
legacy
officers · 288b
2008-03-11
legacy
mortgage · 410(Scot)
2008-02-22
legacy
mortgage · 410(Scot)
2008-02-22
legacy
mortgage · 410(Scot)
2008-02-22
legacy
accounts · 225
2008-02-19