GM MACKENZIE LIMITED

🌳Matureactive
SC143146 · ltd · incorporated 1993-03-10
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 24.7y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Dec 2024
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Other engineering activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 85/100. Share purchase looks the cleaner deal structure. Most likely exit: strategic trade sale (63/100).

🏦

Refinance opportunity

1 live charge · oldest 24.7y

85/100
ready

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

  • · Oldest live charge is 24.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: high (83/100)

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
11 officers (3 active, 11 linked, 5 with DOB)
79
Ownership & PSC
1 active PSC(s) of 3 total, 3 with control declared
90
Director network
16 connected companies via shared directors
90
Filing history
128 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
Risk profile
85
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
Average employees200200

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

🔒Filing-note intelligence

2 signals 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
  • 1 gazette
  • 1 dissolution
Last 90 days
3
filings
  • 1 gazette
  • 1 dissolution
  • 1 confirmation-statement
Last 180 days
4
filings
  • 1 gazette
  • 1 dissolution
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (40 events)Click to expand
  1. 2026-04-28
    📄
    gazette-notice-voluntary
    gazette · GAZ1(A)
  2. 2026-04-22
    📄
    dissolution-application-strike-off-company
    dissolution · DS01
  3. 2025-12-22
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-12-22
    🔓
    Charge satisfied #1
  5. 2025-09-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  6. 2024-09-26
    📄
    accounts-with-accounts-type-small
    accounts · AA
  7. 2023-09-28
    📄
    accounts-with-accounts-type-small
    accounts · AA
  8. 2022-10-07
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2022-01-25
    📄
    change-corporate-secretary-company-with-change-date
    officers · CH04
  10. 2021-10-04
    📄
    accounts-with-accounts-type-small
    accounts · AA
  11. 2020-12-15
    📄
    accounts-with-accounts-type-small
    accounts · AA
  12. 2020-11-30
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2019-12-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2019-07-30
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  15. 2019-07-30
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2019-06-04
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  17. 2019-06-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2019-06-04
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  19. 2019-06-04
    📄
    appoint-corporate-secretary-company-with-name-date
    officers · AP04
  20. 2019-05-31
    BRODIES SECRETARIAL SERVICES LIMITED appointed
    corporate-secretary
  21. 2019-05-31
    BONE, Graeme Morrison appointed
    director
  22. 2019-05-31
    OAG, Stuart Charles appointed
    director
  23. 2019-05-31
    MILNE, Gordon Bruce resigned
    director
  24. 2012-08-18
    MILNE, Esther Mary resigned
    secretary
  25. 2008-12-01
    MILNE, Esther Mary appointed
    secretary
  26. 2008-12-01
    MUIR, James resigned
    secretary
  27. 2007-07-01
    SWANSON BROWNE, Henry resigned
    director
  28. 2004-09-30
    MILNE, Gordon Bruce resigned
    secretary
  29. 2004-09-14
    MUIR, James appointed
    secretary
  30. 2002-03-28
    MILNE, Esther Mary resigned
    secretary
  31. 2002-03-28
    MILNE, Gordon Bruce appointed
    secretary
  32. 2002-03-28
    SWANSON BROWNE, Henry appointed
    director
  33. 2001-08-20
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  34. 1993-04-05
    MIDDLETON, Sandra Elizabeth resigned
    nominee-secretary
  35. 1993-04-05
    MILNE, Esther Mary appointed
    secretary
  36. 1993-04-05
    MCNIVEN, Alan Ross resigned
    nominee-director
  37. 1993-04-05
    MILNE, Gordon Bruce appointed
    director
  38. 1993-03-10
    🏢
    Company incorporated
    As GM MACKENZIE LIMITED
  39. 1993-03-10
    MIDDLETON, Sandra Elizabeth appointed
    nominee-secretary
  40. 1993-03-10
    MCNIVEN, Alan Ross appointed
    nominee-director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

46/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondaryStable-but-static management: Company is 33 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.)

Group structure

Drum Development Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Drum Development Group Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
GM MACKENZIE LIMITED
This company · SC143146

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
Drum Development Group Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control30/07/2019
2 historic (ceased) PSCs
  • Miss Carole Anne Fergusonceased 06/02/2018· 25-50% shares · 25-50% voting
  • Mr Gordon Bruce Milneceased 30/07/2019· 75-100% shares · 75-100% voting · board control

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

6 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
Incorporated1993-03-10
Jurisdictionscotland
Primary SIC71129 — Other engineering activities

Registered office

C/O Brodies Llp
110 Queen Street
Glasgow
G1 3BX
United Kingdom

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-25
Last: 2026-03-11

Officers (3 active · 8 resigned)

BRODIES SECRETARIAL SERVICES LIMITED
corporate-secretary · appointed 2019-05-31
View their other companies + combined net worth →
Active
BONE, Graeme Morrison
director · ~57y · appointed 2019-05-31
View their other companies + combined net worth →
Active
OAG, Stuart Charles
director · ~54y · appointed 2019-05-31
View their other companies + combined net worth →
Active
MIDDLETON, Sandra Elizabeth
nominee-secretary · appointed 1993-03-10 · resigned 1993-04-05
Resigned
MILNE, Esther Mary
secretary · appointed 2008-12-01 · resigned 2012-08-18
Resigned
MILNE, Esther Mary
secretary · appointed 1993-04-05 · resigned 2002-03-28
Resigned
MILNE, Gordon Bruce
secretary · appointed 2002-03-28 · resigned 2004-09-30
Resigned
MUIR, James
secretary · appointed 2004-09-14 · resigned 2008-12-01
Resigned
MCNIVEN, Alan Ross
nominee-director · ~76y · appointed 1993-03-10 · resigned 1993-04-05
Resigned
MILNE, Gordon Bruce
director · ~68y · appointed 1993-04-05 · resigned 2019-05-31
Resigned
SWANSON BROWNE, Henry
director · ~76y · appointed 2002-03-28 · resigned 2007-07-01
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
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property20/08/200122/12/2025

Recent filings (128 total)

gazette-notice-voluntary
gazette · GAZ1(A)
2026-04-28
dissolution-application-strike-off-company
dissolution · DS01
2026-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-16
mortgage-satisfy-charge-full
mortgage · MR04
2025-12-22
accounts-with-accounts-type-small
accounts · AA
2025-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-03-20
accounts-with-accounts-type-small
accounts · AA
2024-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-18
accounts-with-accounts-type-small
accounts · AA
2023-09-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-14
accounts-with-accounts-type-small
accounts · AA
2022-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-25
change-corporate-secretary-company-with-change-date
officers · CH04
2022-01-25
accounts-with-accounts-type-small
accounts · AA
2021-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-24