SCOTTISH MEDICINE LIMITED

💤Zombieactive
SC190038 · ltd · incorporated 1998-10-06
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Oct 2025
Net worth
£32.7k
book net assets
Opportunity
82/100
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.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: General medical practice activities
Sector: Human health & social work
Investor take
Pursue
Active trading company with a 75-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 75). 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 (73/100).

🏦

Refinance opportunity

1 live charge · oldest 22.4y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 22.4 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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

Company profile
address, 1 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
13 officers (2 active, 13 linked, 10 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
130 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
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 · FRS 102
Positive net assets
Net assets £32,731
Net assets shrinking
Down £420 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£33k
↓ 1.3% YoY
Current Assets
£39k
Current Liabilities
—
£0£8k£16k£23k£31k£39kOct 2024Oct 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-10-312024-10-31
Total assets£32.7k£33.2k
Current assets£39.1k—
Debtors£39.1k£39.5k
Net assets£32.7k£33.2k

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
1
filing
  • • 1 accounts
Last 90 days
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
  1. 2026-04-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-04-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2024-01-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2023-10-19
    📄
    second-filing-of-confirmation-statement-with-made-up-date
    confirmation-statement · RP04CS01
  6. 2023-10-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  7. 2023-10-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2023-10-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  9. 2023-02-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  10. 2022-08-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2022-03-02
    📄
    capital-name-of-class-of-shares
    capital · SH08
  12. 2022-03-02
    📄
    memorandum-articles
    incorporation · MA
  13. 2022-03-02
    📄
    resolution
    resolution · RESOLUTIONS
  14. 2021-10-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2020-11-03
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2019-07-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2018-10-01
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC05
  18. 2010-10-25
    ➕
    MACDONALD, Roderick James appointed
    director
  19. 2010-10-25
    ➖
    MILNE, Kevin Dawson resigned
    director
  20. 2008-10-01
    ➕
    STRONACHS SECRETARIES LIMITED appointed
    corporate-secretary
  21. 2008-10-01
    ➖
    STRONACHS resigned
    corporate-secretary
  22. 2003-12-03
    ➖
    BURNESS SOLICITORS resigned
    corporate-nominee-secretary
  23. 2003-12-03
    ➕
    STRONACHS appointed
    corporate-secretary
  24. 2003-12-03
    ➖
    GILBERT, Martin James resigned
    director
  25. 2003-12-03
    ➖
    KINLOCH, David Oliphant, Sir resigned
    director
  26. 2003-12-03
    ➕
    MACDONALD, Roderick James appointed
    director
  27. 2003-12-03
    ➖
    MACDONALD, Roderick James resigned
    director
  28. 2003-12-03
    ➖
    MCCOLL, James Allan resigned
    director
  29. 2003-12-03
    ➖
    MCGREGOR, Robin Stuart resigned
    director
  30. 2003-12-03
    ➕
    MILNE, Kevin Dawson appointed
    director
  31. 2003-12-03
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  32. 2003-07-29
    ➖
    PURVES, William, Sir resigned
    director
  33. 2003-04-15
    ➖
    MACDONALD, Roderick James resigned
    director
  34. 2002-04-30
    ➖
    HUNTER, Thomas Blane, Sir resigned
    director
  35. 2000-08-15
    ➕
    MCGREGOR, Robin Stuart appointed
    director
  36. 2000-05-24
    ➕
    KINLOCH, David Oliphant, Sir appointed
    director
  37. 1998-12-10
    ➕
    GILBERT, Martin James appointed
    director
  38. 1998-12-10
    ➕
    HUNTER, Thomas Blane, Sir appointed
    director
  39. 1998-12-10
    ➕
    PURVES, William, Sir appointed
    director
  40. 1998-10-06
    🏢
    Company incorporated
    As SCOTTISH MEDICINE LIMITED
  41. 1998-10-06
    ➕
    BURNESS SOLICITORS appointed
    corporate-nominee-secretary
  42. 1998-10-06
    ➕
    MACDONALD, Roderick James appointed
    director
  43. 1998-10-06
    ➕
    MCCOLL, James Allan appointed
    director

Owner dependency

100/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Long-tenure founder: Senior director has been in place 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 75 — succession pressure is live.

Succession & seller-readiness

98/100
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 75 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 16 years.
  • secondaryStable-but-static management: Company is 28 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Martin James Gilbert
Individual · British · DOB 07/1955 · age 71
25–50%
25–50%25-50% shares · 25-50% voting28/02/2022
Mr Roderick James Macdonald
Individual · British · DOB 12/1951 · age 75
25–50%
25–50%25-50% shares · 25-50% voting28/02/2022
1 historic (ceased) PSC
  • Mountwest 480 Limitedceased 28/02/2022· 75-100% shares · 75-100% 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 · Healthcare & medical · AB postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
BACHLAW LIMITED→
SC364803 · est 2009
——£4.91M—16y8362y
SIMEON CARE FOR THE ELDERLY LIMITED→
SC088417 · est 1984
——£594.0k—41y8381y
THE FOUNDRY GYM LIMITED→
SC194575 · est 1999
——£177.9k—27y8358y
BILL HAY LIMITED→
SC128775 · est 1990
——£181.1k—35y8275y
CARDEN PLACE DENTAL PRACTICE LIMITED→
SC395265 · est 2011
———140015y8268y
DENTURAMICS LIMITED→
SC252385 · est 2003
———70022y8263y
FODDERTY CARE LTD.→
SC328990 · est 2007
——£535.4k—18y8277y
MAXWELL ASSOCIATES LIMITED→
SC379036 · est 2010
——£716.6k—15y8271y
ROSS MCLELLAND & COMPANY LIMITED→
SC311555 · est 2006
——£39.6k—19y8264y
TEMPLE MEDICAL LIMITED→
SC381866 · est 2010
———80015y8261y
UCAN (GRAMPIAN)→
SC286333 · est 2005 · no financials extracted
————20y——
UK PRIVATE HEALTHCARE LIMITED→
SC153339 · est 1994 · no financials extracted
————31y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated1998-10-06
Jurisdictionscotland
Primary SIC86210 — General medical practice activities

Registered office

28 Albyn Place
Aberdeen
AB10 1YL
United Kingdom

Filing status

Accounts
Next due: 2027-07-31
Last made up to: 2025-10-31
Confirmation statement
Next due: 2026-10-15
Last: 2025-10-01

Officers (2 active · 11 resigned)

STRONACHS SECRETARIES LIMITED→
corporate-secretary · appointed 2008-10-01
View their other companies + combined net worth →
Active
MACDONALD, Roderick James→
director · ~75y · appointed 2010-10-25
View their other companies + combined net worth →
Active
BURNESS SOLICITORS→
corporate-nominee-secretary · appointed 1998-10-06 · resigned 2003-12-03
Resigned
STRONACHS→
corporate-secretary · appointed 2003-12-03 · resigned 2008-10-01
Resigned
GILBERT, Martin James→
director · ~71y · appointed 1998-12-10 · resigned 2003-12-03
Resigned
HUNTER, Thomas Blane, Sir→
director · ~65y · appointed 1998-12-10 · resigned 2002-04-30
Resigned
KINLOCH, David Oliphant, Sir→
director · ~84y · appointed 2000-05-24 · resigned 2003-12-03
Resigned
MACDONALD, Roderick James→
director · ~75y · appointed 2003-12-03 · resigned 2003-12-03
Resigned
MACDONALD, Roderick James→
director · ~74y · appointed 1998-10-06 · resigned 2003-04-15
Resigned
MCCOLL, James Allan→
director · ~75y · appointed 1998-10-06 · resigned 2003-12-03
Resigned
MCGREGOR, Robin Stuart→
director · ~62y · appointed 2000-08-15 · resigned 2003-12-03
Resigned
MILNE, Kevin Dawson→
director · ~67y · appointed 2003-12-03 · resigned 2010-10-25
Resigned
PURVES, William, Sir→
director · ~95y · appointed 1998-12-10 · resigned 2003-07-29
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
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property03/12/2003—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (130 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-07-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-01-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-19
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2023-10-19
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-18
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2023-10-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-10-18
accounts-with-accounts-type-dormant
accounts · AA
2023-02-15
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-25
accounts-with-accounts-type-micro-entity
accounts · AA
2022-08-04
capital-name-of-class-of-shares
capital · SH08
2022-03-02