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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 24.2y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No material changes in the last 90 days.

Last 180 days

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

🔒Estimated value
Upgrade to see
Turnover
year to Sept 2025
Net worth
£909.3k
book net assets
Opportunity
83/100
Exceptional
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

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 24.2y

65/100
clean up first

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

  • · Oldest live charge is 24.2 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
0
filings
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 →

Similar companies

Active · Automotive · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COLIN LAWSON TRANSPORT LIMITED
SC268596 · est 2004
£1.64M
£1.31M£1.97M
£8.74M730022y8759y
BREAKING POINT LIMITED
SC167411 · est 1996
£22.6k29y8361y
WESTFIELD MOTORS (PETERHEAD) LIMITED
SC234665 · est 2002
£600.4k23y8384y
ALAN J. ROSS MOTOR ENGINEERS LTD.
SC178820 · est 1997
£388.8k28y8272y
BRIDGE OF DON GARAGE LIMITED
SC285473 · est 2005
£163.5k21y8265y
CAMERON AUTOTECH LIMITED
SC241160 · est 2002
£1.27M23y8265y
COTTAGE CARS (ABERDEEN) LTD.
SC350432 · est 2008
17y8265y
CROWN MOTORS (A & I) LIMITED
SC128540 · est 1990
£2.41M35y8266y
DUNECHT GARAGE LTD.
SC148143 · est 1993
32y8271y
HUNTLY VEHICLE CARE CENTRE LIMITED
SC235442 · est 2002
23y8265y
I. CUMMING LTD.
SC280363 · est 2005
£281.8k21y8258y
IAN MIDDLETON MOTORS LIMITED
SC161173 · est 1995
10030y8262y
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