MCANDREW LIMITED

🌳Matureactive
SC163716 · ltd · incorporated 1996-02-26
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.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
not disclosed
Net worth
—
book net assets
Opportunity
81/100
Exceptional
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What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 62-year-old founder — textbook succession opportunity.

Opportunity 81/100 (exceptional), bankability 75/100. Strong seller-intent signal (70/100, director aged 62). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (60/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
11 officers (3 active, 11 linked, 7 with DOB)
83
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
15 connected companies via shared directors
90
Filing history
93 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
81/100Exceptional
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.

Recent activity

Last 30 days
0
filings
Last 90 days
1
filing
  • • 1 confirmation-statement
Last 180 days
1
filing
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (35 events)Click to expand
  1. 2025-10-04
    📄
    accounts-with-accounts-type-group
    accounts · AA
  2. 2024-10-04
    📄
    accounts-with-accounts-type-group
    accounts · AA
  3. 2023-10-04
    📄
    accounts-with-accounts-type-group
    accounts · AA
  4. 2022-10-24
    📄
    accounts-with-accounts-type-group
    accounts · AA
  5. 2021-10-07
    📄
    accounts-with-accounts-type-group
    accounts · AA
  6. 2021-01-08
    📄
    accounts-with-accounts-type-group
    accounts · AA
  7. 2019-10-03
    📄
    accounts-with-accounts-type-group
    accounts · AA
  8. 2018-10-05
    📄
    accounts-with-accounts-type-group
    accounts · AA
  9. 2017-10-07
    📄
    accounts-with-accounts-type-group
    accounts · AA
  10. 2016-10-13
    📄
    accounts-with-accounts-type-group
    accounts · AA
  11. 2016-03-02
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2015-10-03
    📄
    accounts-with-accounts-type-group
    accounts · AA
  13. 2015-03-18
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-10-06
    📄
    accounts-with-accounts-type-group
    accounts · AA
  15. 2014-09-23
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  16. 2014-06-01
    ➕
    MACNAIR, Andrew Robert Barclay appointed
    secretary
  17. 2009-10-01
    ➖
    MACDONALDS resigned
    corporate-secretary
  18. 2008-01-25
    ➖
    SHRIGLEY, Eunice Claire resigned
    director
  19. 2007-10-21
    ➕
    FOX, Brian Michael appointed
    director
  20. 2007-07-31
    ➖
    SCOTT, Aileen Agnes resigned
    director
  21. 2007-06-25
    ➕
    LEDLIE, Michael George Ian appointed
    director
  22. 2003-10-31
    ➖
    INGLIS, Alan Moffat resigned
    director
  23. 2003-10-01
    ➕
    SCOTT, Aileen Agnes appointed
    director
  24. 2000-10-23
    ➕
    INGLIS, Alan Moffat appointed
    director
  25. 1999-01-04
    ➖
    SHRIGLEY, Michael Derek resigned
    director
  26. 1998-07-02
    ➖
    SHRIGLEY, Ian Geoffrey resigned
    director
  27. 1997-03-18
    ➕
    SHRIGLEY, Michael Derek appointed
    director
  28. 1996-04-02
    ➖
    ASHCROFT CAMERON SECRETARIES LIMITED resigned
    corporate-secretary
  29. 1996-04-02
    ➕
    MACDONALDS appointed
    corporate-secretary
  30. 1996-04-02
    ➕
    SHRIGLEY, Eunice Claire appointed
    director
  31. 1996-04-02
    ➕
    SHRIGLEY, Ian Geoffrey appointed
    director
  32. 1996-04-02
    ➖
    ASHCROFT CAMERON NOMINEES LIMITED resigned
    corporate-director
  33. 1996-02-26
    🏢
    Company incorporated
    As MCANDREW LIMITED
  34. 1996-02-26
    ➕
    ASHCROFT CAMERON SECRETARIES LIMITED appointed
    corporate-secretary
  35. 1996-02-26
    ➕
    ASHCROFT CAMERON NOMINEES LIMITED appointed
    corporate-director

Owner dependency

76/100
High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • secondary12+ year tenure: Director in role 19 years.
  • secondaryStable-but-static management: Company is 30 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 · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Michael Derek Shrigley
Individual · British · DOB 10/1951 · age 75
75–100%
—75-100% shares26/02/2017

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
Incorporated1996-02-26
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.

Registered office

23 Fordneuk Street
Glasgow
G40 2TA

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2027-03-12
Last: 2026-02-26

Officers (3 active · 8 resigned)

MACNAIR, Andrew Robert Barclay→
secretary · appointed 2014-06-01
View their other companies + combined net worth →
Active
FOX, Brian Michael→
director · ~62y · appointed 2007-10-21
View their other companies + combined net worth →
Active
LEDLIE, Michael George Ian→
director · ~57y · appointed 2007-06-25
View their other companies + combined net worth →
Active
ASHCROFT CAMERON SECRETARIES LIMITED→
corporate-secretary · appointed 1996-02-26 · resigned 1996-04-02
Resigned
MACDONALDS→
corporate-secretary · appointed 1996-04-02 · resigned 2009-10-01
Resigned
INGLIS, Alan Moffat→
director · ~82y · appointed 2000-10-23 · resigned 2003-10-31
Resigned
SCOTT, Aileen Agnes→
director · ~79y · appointed 2003-10-01 · resigned 2007-07-31
Resigned
SHRIGLEY, Eunice Claire→
director · ~100y · appointed 1996-04-02 · resigned 2008-01-25
Resigned
SHRIGLEY, Ian Geoffrey→
director · ~103y · appointed 1996-04-02 · resigned 1998-07-02
Resigned
SHRIGLEY, Michael Derek→
director · ~75y · appointed 1997-03-18 · resigned 1999-01-04
Resigned
ASHCROFT CAMERON NOMINEES LIMITED→
corporate-director · appointed 1996-02-26 · resigned 1996-04-02
Resigned

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

Recent filings (93 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-03-10
accounts-with-accounts-type-group
accounts · AA
2025-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-28
accounts-with-accounts-type-group
accounts · AA
2024-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-26
accounts-with-accounts-type-group
accounts · AA
2023-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-27
accounts-with-accounts-type-group
accounts · AA
2022-10-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-01
accounts-with-accounts-type-group
accounts · AA
2021-10-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-03-02
accounts-with-accounts-type-group
accounts · AA
2021-01-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-26
accounts-with-accounts-type-group
accounts · AA
2019-10-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-02-26