MEIKLE CLOAK LIMITED

🌳Matureactive

SC146230 · ltd · incorporated 1993-09-01

Investment thesis

Property vehicle with a workable charge structure — clean refinance potential.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Dependent on title and valuation due diligence; standard property risks.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 30.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jan 2025

Net worth

£105.7k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: SIC 01430

Sector: Agriculture, forestry & fishing

ALSO REGISTERED FOR

01450SIC 01450
02100SIC 02100
68100Buying and selling of own real estate

Investor take

Pursue

Asset-holding vehicle with a 93-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (73/100, director aged 93). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · oldest 30.8y

85/100

ready

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

· Oldest live charge is 30.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

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, 4 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

2 charges (2/2 with lender, 2/2 with type)

Directors & officers

10 officers (7 active, 10 linked, 6 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

3 connected companies via shared directors

Filing history

101 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £105,697

Net assets shrinking

Down £3,044 YoY

Cash YoY

-4%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£26k

↓ 4.1% YoY

Net Worth

£106k

↓ 2.8% YoY

Current Assets

£26k

↓ 3.4% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-01-31	2024-01-31
Total assets	£105.7k	£108.7k
Current assets	£26.1k	£27.1k
Cash	£25.5k	£26.6k
Debtors	£583	£434
Net assets	£105.7k	£108.7k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (33 events)Click to expand

2025-10-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-09-10
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-10
📄
change-person-director-company-with-change-date
officers · CH01
2025-09-10
📄
change-person-director-company-with-change-date
officers · CH01
2024-10-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-08
📄
change-person-director-company-with-change-date
officers · CH01
2021-09-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-12
📄
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2020-12-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-10
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-08-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-05-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-03-10
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2000-01-10
➕
MUIRHEAD, Arthur Ramsay appointed
secretary
2000-01-10
➖
BIGGART BAILLIE resigned
corporate-nominee-secretary
1999-09-08
➕
FRIEND, Catriona Jessica appointed
director
1999-09-08
➕
MUIRHEAD, Ramsay Arthur Macleod appointed
director
1999-09-08
➕
MUIRHEAD, Rory Ramsay Macfie appointed
director
1999-09-08
➕
TAVOLARO, Donatella Barbara appointed
director
1999-06-16
🔓
Charge satisfied #1
1998-04-08
🔓
Charge satisfied #2
1996-01-16
🔒
Charge registered #2
Lender: Clydesdale Bank Public Limited Company
1995-07-03
🔒
Charge registered #1
Lender: Clydesdale Bank Public Limited Company
1995-03-16
➕
MUIRHEAD, Arthur Ramsay appointed
director
1995-03-16
➕
MUIRHEAD, Fiona appointed
director
1995-03-16
➖
BOULEUTES LIMITED resigned
corporate-nominee-director
1995-03-16
➖
EPISTOLEUS LIMITED resigned
corporate-nominee-director
1993-09-01
🏢
Company incorporated
As MEIKLE CLOAK LIMITED
1993-09-01
➕
BIGGART BAILLIE appointed
corporate-nominee-secretary
1993-09-01
➕
BOULEUTES LIMITED appointed
corporate-nominee-director
1993-09-01
➕
EPISTOLEUS LIMITED appointed
corporate-nominee-director

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

-6 active directors: Broader management team in place — suggests transferable governance.
+Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 93 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

90/100

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 93 years old. Natural succession window is now.
primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 33 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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mr Arthur Ramsay Muirhead Individual · British · DOB 12/1933 · age 93	50–75%	—	50-75% shares	30/06/2016

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.

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Similar companies

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OUR POWER (CAIRNDOW) COMMUNITY INTEREST COMPANY→ SC331067 · est 2007 · no financials extracted	—	—	—	—	18y	83	84y
ROSSFORD LIMITED→ SC155011 · est 1994	—	—	£2.65M	—	31y	83	73y
AITKEN SHELLFISH LIMITED→ SC360377 · est 2009	—	—	£521.7k	—	16y	82	58y
CELTIC SEA LIMITED→ SC129691 · est 1991	—	—	£4.18M	—	35y	82	68y
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DRUMAGLEA LIMITED→ SC294680 · est 2005	—	—	—	0	20y	82	73y
GALBRAITH TRAWLERS LIMITED→ SC341101 · est 2008	—	—	£560.8k	—	18y	82	75y
SLIGRACHAN FARM LIMITED→ SC858744 · est 2025 · no financials extracted	—	—	—	—	—	—	—
STEWART SHELLFISH LTD→ SC787680 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
THE BARK INN LANGBANK LTD→ SC818184 · est 2024 · no financials extracted	—	—	—	—	1y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1993-09-01

Jurisdictionscotland

Primary SIC01430 — SIC 01430

Registered office

Meikle Cloak

Lochwinnoch

Renfrewshire

PA12 4LB

Filing status

Accounts

Next due: 2026-10-31

Last made up to: 2025-01-31

Confirmation statement

Next due: 2026-09-15

Last: 2025-09-01