MENZIES DOUGAL (TRUSTEES) LIMITED

🌳Matureactive
SC124209 · private-limited-guarant-nsc · incorporated 1990-04-04
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 Apr 2025
Net worth
book net assets
Opportunity
81/100
Exceptional
🔔
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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 70-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (82/100)

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
Confirmed no charges registered
85
Directors & officers
54 officers (20 active, 54 linked, 49 with DOB)
88
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
205 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
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
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
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£0Apr 2024Apr 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-04-032024-04-03

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

Recent activity

Last 30 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 90 days
2
filings
  • 1 confirmation-statement
  • 1 officers
Last 180 days
4
filings
  • 2 officers
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (109 events)Click to expand
  1. 2026-04-17
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  2. 2026-02-28
    SMITH, Henry Cannon resigned
    director
  3. 2026-01-09
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2025-12-23
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2025-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2025-01-21
    📄
    change-person-director-company-with-change-date
    officers · CH01
  7. 2024-12-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2024-12-30
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-12-20
    LODGE, Lianne Margaret resigned
    director
  10. 2024-12-20
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  11. 2024-04-18
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  12. 2024-02-29
    BLAIR, John Michael Greene resigned
    director
  13. 2023-08-14
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2023-07-31
    SMITH, David Christopher resigned
    director
  15. 2023-07-03
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2023-06-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  17. 2023-06-09
    MOWLEM, David Lonsdale appointed
    director
  18. 2023-06-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  19. 2023-04-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  20. 2023-04-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2023-04-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  22. 2023-04-13
    📄
    change-person-director-company-with-change-date
    officers · CH01
  23. 2023-03-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  24. 2023-01-23
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  25. 2023-01-22
    SOUTAR, Murray Duncan resigned
    director
  26. 2022-12-06
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  27. 2022-04-20
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  28. 2022-04-19
    NEWTON, Lois Elizabeth Anne appointed
    director
  29. 2022-04-15
    REID, Isobell Ann resigned
    director
  30. 2021-02-26
    HUNTER, Stewart Lindsay Wilson resigned
    director
  31. 2020-09-24
    ADAMS, Eilidh Gillian appointed
    director
  32. 2020-09-24
    DUNDAS, Nicola Jane appointed
    director
  33. 2020-09-24
    WILLIAMS, Simon Jonathan Conon appointed
    director
  34. 2020-09-24
    WRIGHT, Gillian Jane appointed
    director
  35. 2020-03-01
    MILNE, David Bisset resigned
    director
  36. 2020-03-01
    PAGET, Elspeth Mary resigned
    director
  37. 2019-06-26
    GIBSON, Christopher Duncan appointed
    director
  38. 2019-03-01
    LODGE, Lianne Margaret appointed
    director
  39. 2019-02-28
    ANDERSON, Alistair Robert resigned
    director
  40. 2018-12-31
    TURNBULL, Ian David Nelson resigned
    director
  41. 2017-04-01
    HAMILTON, Colin Stuart appointed
    director
  42. 2017-04-01
    REID, Isobell Ann appointed
    director
  43. 2017-02-28
    MURRAY, Thomas Kenneth resigned
    director
  44. 2016-10-03
    SOUTAR, Murray Duncan appointed
    director
  45. 2016-09-01
    CAMERON, Fiona Jane appointed
    director
  46. 2016-09-01
    MCDOWELL, Amy Joy appointed
    director
  47. 2016-08-30
    SHAW, Murray William Anderson resigned
    director
  48. 2016-05-09
    LESLIE, Fraser Gordon appointed
    director
  49. 2016-05-09
    PEEBLES, Gregor Kenneth John appointed
    director
  50. 2016-03-01
    HAMILTON, Gordon David resigned
    director
Showing most recent 50 of 109 events

Owner dependency

65/100
High — earn-out structure required

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

FACTORS
  • -19 active directors: Broader management team in place — suggests transferable governance.
  • +Long-tenure founder: Senior director has been in place 21 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

80/100
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 70 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
  • 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.)

Group structure

Gillespie Macandrew Llp is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Gillespie Macandrew Llp
Corporate parent · holds 75-100% shares · board control
ultimate parent
MENZIES DOUGAL (TRUSTEES) LIMITED
This company · SC124209

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
Gillespie Macandrew Llp
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control06/04/2016

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
Typeprivate-limited-guarant-nsc
Incorporated1990-04-04
Jurisdictionscotland
Primary SIC74990 — Non-trading company

Registered office

5 Atholl Crescent
Edinburgh
Midlothian
EH3 8EJ

Filing status

Accounts
Next due: 2027-01-03
Last made up to: 2025-04-03
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04

Officers (20 active · 34 resigned)

GILLESPIE MACANDREW SECRETARIES LIMITED
corporate-secretary · appointed 2005-08-01
View their other companies + combined net worth →
Active
ADAMS, Eilidh Gillian
director · ~44y · appointed 2020-09-24
View their other companies + combined net worth →
Active
CAMERON, Fiona Jane
director · ~39y · appointed 2016-09-01
View their other companies + combined net worth →
Active
DUNDAS, Nicola Jane
director · ~63y · appointed 2020-09-24
View their other companies + combined net worth →
Active
GIBSON, Christopher Duncan
director · ~47y · appointed 2019-06-26
View their other companies + combined net worth →
Active
HAMILTON, Colin Stuart
director · ~45y · appointed 2017-04-01
View their other companies + combined net worth →
Active
IRONS, Kenneth Wyness
director · ~58y · appointed 2011-01-17
View their other companies + combined net worth →
Active
LESLIE, Fraser Gordon
director · ~66y · appointed 2016-05-09
View their other companies + combined net worth →
Active
MALLON, Agnes
director · ~53y · appointed 2015-05-01
View their other companies + combined net worth →
Active
MCARTHUR, John
director · ~63y · appointed 2005-08-01
View their other companies + combined net worth →
Active
MCCULLOCH, Derek Ashley James
director · ~70y · appointed 2005-08-01
View their other companies + combined net worth →
Active
MCDOWELL, Amy Joy
director · ~40y · appointed 2016-09-01
View their other companies + combined net worth →
Active
MOWLEM, David Lonsdale
director · ~43y · appointed 2023-06-09
View their other companies + combined net worth →
Active
NEWTON, Lois Elizabeth Anne
director · ~42y · appointed 2022-04-19
View their other companies + combined net worth →
Active
PEEBLES, Gregor Kenneth John
director · ~55y · appointed 2016-05-09
View their other companies + combined net worth →
Active
SCOTT-DEMPSTER, Robert Andrew
director · ~59y · appointed 2005-08-01
View their other companies + combined net worth →
Active
STIRLING, John Boyd
director · ~58y · appointed 2005-08-01
View their other companies + combined net worth →
Active
WHITE, Alan James
director · ~60y · appointed 2015-05-01
View their other companies + combined net worth →
Active
WILLIAMS, Simon Jonathan Conon
director · ~54y · appointed 2020-09-24
View their other companies + combined net worth →
Active
WRIGHT, Gillian Jane
director · ~40y · appointed 2020-09-24
View their other companies + combined net worth →
Active

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

Recent filings (205 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-20
termination-director-company-with-name-termination-date
officers · TM01
2026-04-17
change-person-director-company-with-change-date
officers · CH01
2026-01-09
accounts-with-accounts-type-dormant
accounts · AA
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-15
change-person-director-company-with-change-date
officers · CH01
2025-01-21
change-person-director-company-with-change-date
officers · CH01
2025-01-21
termination-director-company-with-name-termination-date
officers · TM01
2024-12-30
change-person-director-company-with-change-date
officers · CH01
2024-12-30
accounts-with-accounts-type-dormant
accounts · AA
2024-12-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-18
termination-director-company-with-name-termination-date
officers · TM01
2024-04-18
termination-director-company-with-name-termination-date
officers · TM01
2023-08-14
accounts-with-accounts-type-dormant
accounts · AA
2023-07-03
appoint-person-director-company-with-name-date
officers · AP01
2023-06-12