JOHN MCINNES (DYCE) LTD.

🌳Matureactive

SC153356 · ltd · incorporated 1994-09-30

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 30.1y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Dec 2024

Net worth

£-80.2k

book net assets

Opportunity

77/100

Strong

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What this business does

Primary activity: SIC 45200

Sector: Wholesale & retail

Investor take

Pass (distressed without resilience)

Distressed active trading company — structural issues outweigh the discount.

Opportunity 77/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 30.1y

65/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 30.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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, 1 SIC codes, incorporation date

100

Financials

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

6 officers (3 active, 6 linked, 3 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

72 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £80,195

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£80k

↑ 19% YoY

Current Assets

£10k

↓ 30% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-12-31	2023-12-31
Total assets	£-80.2k	£-90.5k
Current assets	£10.2k	£14.5k
Debtors	£6.7k	£11.0k
Net assets	£-80.2k	£-99.0k

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

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2025-12-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-02
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-09-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-09-09
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-10-06
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-09-14
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-11-17
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-09-17
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-10-11
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2004-04-09
➖
MCINNES, John Alexander resigned
director
1996-03-25
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
1994-09-30
🏢
Company incorporated
As JOHN MCINNES (DYCE) LTD.
1994-09-30
➕
HERMASSI, Nicola appointed
secretary
1994-09-30
➕
HERMASSI, Nicola appointed
director
1994-09-30
➕
MCINNES, Kerri Lee appointed
director
1994-09-30
➕
OSWALDS OF EDINBURGH LIMITED appointed
corporate-nominee-secretary
1994-09-30
➖
OSWALDS OF EDINBURGH LIMITED resigned
corporate-nominee-secretary
1994-09-30
➕
MCINNES, John Alexander appointed
director
1994-09-30
➕
JORDANS (SCOTLAND) LIMITED appointed
corporate-nominee-director
1994-09-30
➖
JORDANS (SCOTLAND) LIMITED resigned
corporate-nominee-director

Owner dependency

83/100

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 "MCINNES" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 32 years — deep operational knowledge concentrated in one person.

Succession & seller-readiness

66/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 32 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
Mrs Nicola Hermassi Individual · British · DOB 11/1969 · age 57	25–50%	—	25-50% shares	06/04/2016

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

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CARS RECOVERY LIMITED→ SC334403 · est 2007	—	—	£186.5k	—	18y	83	68y
MACDUFF DIESELS LTD.→ SC177616 · est 1997	—	—	£909.3k	—	28y	83	70y
WESTFIELD MOTORS (PETERHEAD) LIMITED→ SC234665 · est 2002	—	—	£600.4k	—	23y	83	84y
A. W. AUTOTECH LIMITED→ SC172396 · est 1997	—	—	£527.7k	—	29y	82	59y
ALAN J. ROSS MOTOR ENGINEERS LTD.→ SC178820 · est 1997	—	—	£382.8k	—	28y	82	72y
BRIDGE OF DON GARAGE LIMITED→ SC285473 · est 2005	—	—	£163.5k	—	20y	82	65y
CAMERON AUTOTECH LIMITED→ SC241160 · est 2002	—	—	£1.27M	—	23y	82	65y
CITYVOE LIMITED→ SC274365 · est 2004	—	—	—	700	21y	82	63y
COTTAGE CARS (ABERDEEN) LTD.→ SC350432 · est 2008	—	—	—	—	17y	82	65y
CROWN MOTORS (A & I) LIMITED→ SC128540 · est 1990	—	—	£2.41M	—	35y	82	66y

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.

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Company details

Statusactive

Typeltd

Incorporated1994-09-30

Jurisdictionscotland

Primary SIC45200 — SIC 45200

Registered office

2 Airways Industrial Estate

Pitmedden Road, Dyce

Aberdeen

Aberdeenshire

AB21 0DT

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2026-10-13

Last: 2025-09-29

Officers (3 active · 3 resigned)

HERMASSI, Nicola→

secretary · appointed 1994-09-30

View their other companies + combined net worth →

Active

HERMASSI, Nicola→

director · ~57y · appointed 1994-09-30

View their other companies + combined net worth →

Active

MCINNES, Kerri Lee→

director · ~53y · appointed 1994-09-30

View their other companies + combined net worth →

Active

OSWALDS OF EDINBURGH LIMITED→

corporate-nominee-secretary · appointed 1994-09-30 · resigned 1994-09-30

Resigned

MCINNES, John Alexander→

director · ~80y · appointed 1994-09-30 · resigned 2004-04-09

Resigned

JORDANS (SCOTLAND) LIMITED→

corporate-nominee-director · appointed 1994-09-30 · resigned 1994-09-30

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	Bond & floating charge	1 property	25/03/1996	—

Click column headers to sort. Use filters above to narrow by status and lender.