MGA HOLDINGS (SCOTLAND) LIMITED
- · Oldest live charge 30.7y old — refinance window within 12 months
- 96090Other service activities n.e.c.
Opportunity 53/100 (worth a look), bankability 60/100. Strong seller-intent signal (78/100, director aged 84). Biggest value-creation lever: Resolve: Company dissolved. Company has been dissolved — it no longer legally exists. Any diligence here is historical only. Most likely exit: strategic trade sale (53/100). Current lenders should be on monthly review.
Refinance opportunity
1 live charge · oldest 30.7y
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 30.7 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 35/100 — workable, but lender will want more DD.
Data confidence
Overall: medium (56/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Mixed signal. Worth opening the full target workup before deciding to pursue.
Recent activity
Corporate timeline (33 events)Click to expand
- 2020-08-07⚠️gazette-dissolved-liquidationgazette · GAZ2
- 2020-08-07🏁Company dissolved
- 2020-05-07⚠️liquidation-voluntary-members-return-of-final-meeting-scotlandinsolvency · LIQ13(Scot)
- 2019-02-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-02-04📄resolutionresolution · RESOLUTIONS
- 2018-08-12📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2017-06-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2016-06-21📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-09-15📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2015-07-17📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-07-10📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2014-05-22📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2014-02-21📄mortgage-satisfy-charge-fullmortgage · MR04
- 2014-02-21🔓Charge satisfied #1
- 2013-11-01📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2013-07-26📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2012-10-24📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2012-07-27📄annual-return-company-with-made-up-date-full-list-shareholdersannual-return · AR01
- 2011-10-17📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2011-07-12📄annual-return-company-with-made-up-dateannual-return · AR01
- 2010-10-29📄accounts-with-accounts-type-total-exemption-smallaccounts · AA
- 2010-09-07📄change-person-secretary-company-with-change-dateofficers · CH03
- 2010-09-03📄change-person-director-company-with-change-dateofficers · CH01
- 2010-09-03📄change-person-director-company-with-change-dateofficers · CH01
- 1995-09-15🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1995-07-04🏢Company incorporatedAs MGA HOLDINGS (SCOTLAND) LIMITED
- 1995-07-04➕MEYJES, Christopher Richard Legh, Director appointedsecretary
- 1995-07-04➕HANSON, Dennis Raymond, Director appointeddirector
- 1995-07-04➕MEYJES, Christopher Richard Legh, Director appointeddirector
- 1995-07-04➕ANGOLD, William appointednominee-secretary
- 1995-07-04➖ANGOLD, William resignednominee-secretary
- 1995-07-04➕ADK SEARCHING SERVICES LIMITED appointedcorporate-nominee-director
- 1995-07-04➖ADK SEARCHING SERVICES LIMITED resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Long-tenure founder: Senior director has been in place 31 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 84 — succession pressure is live.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 31 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 31 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
2 high ·Company has been dissolved — it no longer legally exists. Any diligence here is historical only.
Evidence: Dissolved on 2020-08-07
Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.
Evidence: 2020-08-07: gazette-dissolved-liquidation; 2020-05-07: liquidation-voluntary-members-return-of-final-meeting-scotland
Shareholders & ownership
2 active beneficial owners| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Director Christopher Richard Legh Meyjes Individual · British · DOB 04/1942 · age 84 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Director Dennis Raymond Hanson Individual · British · DOB 07/1945 · age 81 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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 · Professional services · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| STREAMLINE SHIPPING GROUP LIMITED→ SC131956 · est 1991 | £15.91M £11.73M–£20.10M | — | — | 0 | 35y | 83 | 74y |
| GENERAL OCEANS UK HOLDINGS LTD→ SC308386 · est 2006 | £9.77M £7.20M–£12.34M | — | — | 0 | 19y | 84 | 68y |
| HIGHLAND FUELS HOLDINGS LIMITED→ SC215790 · est 2001 | £9.50M £7.00M–£12.00M | — | — | 300 | 25y | 88 | 62y |
| CRAIGSHANNOCH LIMITED→ SC191743 · est 1998 | £5.90M £4.34M–£7.45M | £2.95M | — | 300 | 27y | 88 | 67y |
| HSB HOLDINGS LIMITED→ SC260511 · est 2003 | £3.58M £2.64M–£4.52M | — | — | 0 | 22y | 84 | 61y |
| T D C PARSONS PEEBLES LIMITED→ SC663297 · est 2020 | £2.76M £2.03M–£3.48M | £11.52M | — | 5100 | 5y | 87 | 77y |
| ROTECH HOLDINGS LIMITED→ SC148822 · est 1994 | £1.97M £1.45M–£2.49M | £453.6k | — | 0 | 32y | 92 | 58y |
| WELLTEC (UK) LTD.→ SC204742 · est 2000 | £134.9k £99.4k–£170.4k | £17.23M | — | 3200 | 26y | 85 | 62y |
| ACCURA MEASUREMENT LIMITED→ SC322109 · est 2007 | — | — | £5.47M | — | 19y | 83 | 60y |
| ALLEN ASSOCIATES (H.P.E.) LIMITED→ SC201596 · est 1999 · no financials extracted | — | — | — | — | 26y | 83 | 59y |
| BOURTREE INVESTMENTS LIMITED→ SC190868 · est 1998 | — | — | — | — | 27y | 83 | 61y |
| CONNECT NDT LIMITED→ SC205224 · est 2000 | — | — | — | — | 26y | 83 | 70y |
10 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 →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
Registered office
Filing status
Officers (0 active · 2 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 15/09/1995 | 21/02/2014 |