MACDUFF DIESELS LTD.

🌳Matureactive
SC177616 · ltd · incorporated 1997-07-31
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.9y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£909.3k
book net assets
Opportunity
83/100
Exceptional
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What this business does
Primary activity: SIC 45200
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 52219SIC 52219
Investor take
Pursue
Active trading company with a 70-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (63/100, director aged 70). 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: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 23.9y

65/100
clean up first

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

  • · Oldest live charge is 23.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 30/100 — workable, but lender will want more DD.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile
address, 2 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
15 officers (7 active, 15 linked, 11 with DOB)
85
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
5 connected companies via shared directors
60
Filing history
102 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
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
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £909,285
Cash YoY
+20%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£289k
↑ 20% YoY
Net Worth
£909k
↑ 1.0% YoY
Current Assets
£985k
~ YoY
Current Liabilities
£0£197k£394k£591k£788k£985kSept 2024Sept 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-09-302024-09-30
Total assets£914.0k£910.3k
Current assets£985.3k£977.0k
Cash£289.4k£240.3k
Debtors£327.4k£310.4k
Net assets£909.3k£900.1k

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
2
filings
  • 1 confirmation-statement
  • 1 accounts
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 2026-02-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-06-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-03-12
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  4. 2025-03-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-11-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  6. 2024-11-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2024-11-20
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  8. 2024-11-19
    📄
    memorandum-articles
    incorporation · MA
  9. 2024-11-19
    📄
    resolution
    resolution · RESOLUTIONS
  10. 2024-11-07
    MCBAIN, Jamie Alistair appointed
    director
  11. 2024-11-07
    MCCANN, Rory appointed
    director
  12. 2024-11-07
    SHARP, Allan Kenneth appointed
    director
  13. 2024-08-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2024-06-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2024-04-30
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2024-04-29
    BARRACK, William Fred resigned
    director
  17. 2024-01-16
    THAIN, Colin George resigned
    director
  18. 2023-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2022-02-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2022-01-11
    📄
    change-person-director-company-with-change-date
    officers · CH01
  21. 2021-06-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2020-04-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2019-12-11
    LC SECRETARIES LIMITED appointed
    corporate-secretary
  24. 2019-12-11
    LEDINGHAM CHALMERS LLP resigned
    corporate-secretary
  25. 2019-12-11
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  26. 2012-07-05
    FARQUHAR, William resigned
    director
  27. 2006-07-10
    BARRACK, William Fred appointed
    director
  28. 2006-07-10
    BLACKHALL, Eric resigned
    director
  29. 2006-04-01
    LEDINGHAM CHALMERS LLP appointed
    corporate-secretary
  30. 2006-04-01
    LEDINGHAM CHALMERS LLP resigned
    corporate-secretary
  31. 2002-06-06
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  32. 1998-04-15
    MACLEOD, Roderick appointed
    director
  33. 1998-04-15
    RITCHIE, Clifford Lawrence appointed
    director
  34. 1998-04-15
    BLACKHALL, Eric appointed
    director
  35. 1998-04-15
    FARQUHAR, William appointed
    director
  36. 1998-04-15
    THAIN, Colin George appointed
    director
  37. 1997-08-20
    WATT, John appointed
    director
  38. 1997-08-20
    LEDINGHAM CHALMERS LLP appointed
    corporate-secretary
  39. 1997-07-31
    🏢
    Company incorporated
    As MACDUFF DIESELS LTD.
  40. 1997-07-31
    REID, Brian appointed
    nominee-secretary
  41. 1997-07-31
    REID, Brian resigned
    nominee-secretary
  42. 1997-07-31
    MABBOTT, Stephen appointed
    nominee-director
  43. 1997-07-31
    MABBOTT, Stephen resigned
    nominee-director

Owner dependency

65/100
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 29 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 70 — succession pressure is live.

Succession & seller-readiness

80/100
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 70 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 29 years. Very long tenure is a classic succession signal.
  • 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.)

Group structure

Macduff Shipyards Limited holds 25-50% — a significant corporate investor but not a controlling parent.

🏛️
Macduff Shipyards Limited
Corporate parent · holds 25-50% shares
significant stake
MACDUFF DIESELS LTD.
This company · SC177616

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Macduff Shipyards Limited
Corporate entity
2550%
25–50%25-50% shares · 25-50% voting03/10/2024
1 historic (ceased) PSC
  • Mr Colin George Thainceased 03/10/2024· 25-50% shares · 25-50% voting

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

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.

See pricing →

Company details

Statusactive
Typeltd
Incorporated1997-07-31
Jurisdictionscotland
Primary SIC45200 — SIC 45200

Registered office

Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA

Filing status

Accounts
Next due: 2027-06-30
Last made up to: 2025-09-30
Confirmation statement
Next due: 2027-03-26
Last: 2026-03-12

Officers (7 active · 8 resigned)

LC SECRETARIES LIMITED
corporate-secretary · appointed 2019-12-11
View their other companies + combined net worth →
Active
MACLEOD, Roderick
director · ~65y · appointed 1998-04-15
View their other companies + combined net worth →
Active
MCBAIN, Jamie Alistair
director · ~46y · appointed 2024-11-07
View their other companies + combined net worth →
Active
MCCANN, Rory
director · ~52y · appointed 2024-11-07
View their other companies + combined net worth →
Active
RITCHIE, Clifford Lawrence
director · ~68y · appointed 1998-04-15
View their other companies + combined net worth →
Active
SHARP, Allan Kenneth
director · ~45y · appointed 2024-11-07
View their other companies + combined net worth →
Active
WATT, John
director · ~70y · appointed 1997-08-20
View their other companies + combined net worth →
Active
REID, Brian
nominee-secretary · appointed 1997-07-31 · resigned 1997-07-31
Resigned
LEDINGHAM CHALMERS LLP
corporate-secretary · appointed 2006-04-01 · resigned 2019-12-11
Resigned
LEDINGHAM CHALMERS LLP
corporate-secretary · appointed 1997-08-20 · resigned 2006-04-01
Resigned
BARRACK, William Fred
director · ~70y · appointed 2006-07-10 · resigned 2024-04-29
Resigned
BLACKHALL, Eric
director · ~88y · appointed 1998-04-15 · resigned 2006-07-10
Resigned
FARQUHAR, William
director · ~80y · appointed 1998-04-15 · resigned 2012-07-05
Resigned
MABBOTT, Stephen
nominee-director · ~76y · appointed 1997-07-31 · resigned 1997-07-31
Resigned
THAIN, Colin George
director · ~77y · appointed 1998-04-15 · resigned 2024-01-16
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property06/06/2002
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (102 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-03-12
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-03-12
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-11
appoint-person-director-company-with-name-date
officers · AP01
2024-11-20
appoint-person-director-company-with-name-date
officers · AP01
2024-11-20
appoint-person-director-company-with-name-date
officers · AP01
2024-11-20
memorandum-articles
incorporation · MA
2024-11-19
resolution
resolution · RESOLUTIONS
2024-11-19
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-05
termination-director-company-with-name-termination-date
officers · TM01
2024-08-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-13
termination-director-company-with-name-termination-date
officers · TM01
2024-04-30