I A & C MACIVER LIMITED

🌳Matureactive
SC146898 · ltd · incorporated 1993-10-12
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2024
Net worth
£3.83M
book net assets
Opportunity
78/100
Strong
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What this business does

Based in the Isle of Lewis, this Scottish business most likely combines sand, gravel, or rock quarrying operations with road haulage services, transporting extracted materials and other freight across the island and potentially to the mainland.

Primary activity: SIC 08120
Sector: Mining & quarrying
ALSO REGISTERED FOR
  • 49390SIC 49390
  • 49410Freight transport by road
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 78/100 (strong), bankability 57/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

7 live charges · 4 lenders · oldest 31.8y

15/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 31.8 years old — likely at or near maturity.
  • · 4 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

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, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
88 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
60
Adequate — check latest filings for context.
Acquirability
80
Strong succession / seller-readiness signals.
Risk profile
82
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 £3,831,628
Net assets shrinking
Down £283,623 YoY
Cash YoY
-26%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£437k
↓ 26% YoY
Net Worth
£3.8m
↓ 6.9% YoY
Current Assets
£1.0m
↓ 11% YoY
Current Liabilities
—
£0£823k£1.6m£2.5m£3.3m£4.1mOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-10-312023-10-31
Total assets£4.39M£4.65M
Current assets£1.05M£1.18M
Cash£437.0k£591.3k
Debtors£390.6k£365.0k
Net assets£3.83M£4.12M

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-09-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-10-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-09-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  8. 2019-09-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2019-09-06
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2019-09-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2019-09-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  12. 2019-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-06-25
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  14. 2017-06-13
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2016-04-14
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2014-03-28
    🔒
    Charge registered #7
    Lender: Bank of Scotland PLC
  17. 2007-10-26
    🔒
    Charge registered #6
    Lender: The Governor and Company of the Bank of Scotland
  18. 2006-04-07
    🔒
    Charge registered #5
    Lender: The Governor and Company of the Bank of Scotland
  19. 2005-02-10
    🔒
    Charge registered #4
    Lender: The Governor and Company of the Bank of Scotland
  20. 1998-11-06
    🔓
    Charge satisfied #1
  21. 1998-07-01
    🔒
    Charge registered #3
    Lender: The Governor and Company of the Bank of Scotland
  22. 1996-04-30
    🔒
    Charge registered #2
    Lender: Northern Rock Building Society
  23. 1994-08-02
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  24. 1993-10-12
    🏢
    Company incorporated
    As I A & C MACIVER LIMITED
  25. 1993-10-12
    ➕
    MACIVER, Ian Alexander Macdonald appointed
    secretary
  26. 1993-10-12
    ➕
    MACIVER, Calum appointed
    director
  27. 1993-10-12
    ➕
    MACIVER, Ian Alexander Macdonald appointed
    director
  28. 1993-10-12
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  29. 1993-10-12
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  30. 1993-10-12
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  31. 1993-10-12
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

100/100
Critical — business is the founder

The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "MACIVER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 33 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 33 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

1 low
6 live charges
low

Heavily leveraged with multiple live security positions — understand the capital structure before proceeding.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ian Alexander Macdonald Maciver
Individual · Scottish · DOB 08/1961 · age 65
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Calum Maciver
Individual · Scottish · DOB 10/1965 · age 61
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

Similar companies

Active · Manufacturing · HS postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
ANGUS MACIVER LIMITED→
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————14y8074y
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————20y8076y
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——£455.4k—23y8079y
IM INSPECTION SERVICES LIMITED→
SC389758 · est 2010
——£13.4k—15y8059y
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——£4.84M—36y7973y
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——£103.8k—10y7963y
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AMK PLANT AND TIPPER HIRE LIMITED→
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——£542.9k—42y7751y
SEAQUREFARMING 6 LIMITED→
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————1y7762y
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Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1993-10-12
Jurisdictionscotland
Primary SIC08120 — SIC 08120

Registered office

Units 4 & 5 Parkend Ind Estate
Stornoway
Isle Of Lewis
HS2 0AN

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-08-17
Last: 2025-08-03

Officers (3 active · 2 resigned)

MACIVER, Ian Alexander Macdonald→
secretary · appointed 1993-10-12
View their other companies + combined net worth →
Active
MACIVER, Calum→
director · ~61y · appointed 1993-10-12
View their other companies + combined net worth →
Active
MACIVER, Ian Alexander Macdonald→
director · ~65y · appointed 1993-10-12
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 1993-10-12 · resigned 1993-10-12
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 1993-10-12 · resigned 1993-10-12
Resigned

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

Mortgages & charges

7
Total charges
6
Outstanding
2
Active lenders
Status:Lender:7 of 7 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property28/03/2014—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property26/10/2007—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property07/04/2006—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Standard security1 property10/02/2005—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property01/07/1998—
outstanding
Northern Rock Building Society
Standard security1 property30/04/1996—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property02/08/199406/11/1998
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (88 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-19
change-person-director-company-with-change-date
officers · CH01
2019-09-06
change-person-director-company-with-change-date
officers · CH01
2019-09-06
change-person-secretary-company-with-change-date
officers · CH03
2019-09-06