SWEENEY KINCAID LIMITED

🌳Matureactive

SC196511 · ltd · incorporated 1999-05-24

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

79/100

Strong

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What this business does

Primary activity: Agents involved in the sale of a variety of goods

Sector: Wholesale & retail

Investor take

Pursue

Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 67/100. Strong seller-intent signal (63/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

6 live charges · 3 lenders · oldest 26.8y

35/100

too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

· Oldest live charge is 26.8 years old — likely at or near maturity.
· 3 lenders named — inter-creditor friction likely.
· Legal-friction score 30/100 — workable, but lender will want more DD.

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

Lenders & charges

6 charges (6/6 with lender, 6/6 with type)

Directors & officers

19 officers (13 active, 19 linked, 14 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

13 connected companies via shared directors

Filing history

104 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

79/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Recent activity

Last 30 days

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (59 events)Click to expand

2025-09-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-05
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-04-15
➖
GREEN, David Alexander Skinner resigned
director
2025-03-28
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2024-10-10
📄
change-corporate-secretary-company-with-change-date
officers · CH04
2024-05-31
📄
change-account-reference-date-company-current-extended
accounts · AA01
2024-05-31
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2024-05-14
➕
ABERDEIN CONSIDINE SECRETARIAL SERVICES LIMITED appointed
corporate-secretary
2024-02-22
📄
memorandum-articles
incorporation · MA
2024-02-22
📄
resolution
resolution · RESOLUTIONS
2024-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-21
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-13
➕
HUTCHEON, Alan Dickie appointed
director
2024-02-13
➕
MACAULAY, Michael Thomas appointed
director
2024-02-13
➕
MITCHELL, Anna appointed
director
2024-02-13
➕
MITCHELL, Jane Alexana appointed
director
2024-02-13
➕
SIM, Ian Murray appointed
director
2024-02-13
➕
STEPHEN, Stuart appointed
director
2024-02-13
➕
THOW, Norman George appointed
director
2024-02-13
➕
WALKER, Keith James appointed
director
2024-02-13
➕
GREEN, David Alexander Skinner appointed
director
2024-02-06
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-02-01
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-02-01
🔒
Charge registered #6
Lender: The Royal Bank of Scotland PLC
2024-01-31
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-01-31
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-01-31
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-31
📄
appoint-person-director-company-with-name-date
officers · AP01
2024-01-31
🔒
Charge registered #5
Lender: The Royal Bank of Scotland PLC
2024-01-30
➕
FRASER, Alexander Iain appointed
director
2024-01-30
➕
GALL, Mark Hay appointed
director
2024-01-30
➕
ROGERSON, Grant Robert William appointed
director
2024-01-30
➖
KINCAID, Vivian resigned
secretary
2020-09-18
🔓
Charge satisfied #4
2020-09-18
🔓
Charge satisfied #3
2018-02-21
🔓
Charge satisfied #2
2010-08-23
🔒
Charge registered #4
Lender: Royal Bank of Scotland PLC
2010-08-23
🔒
Charge registered #3
Lender: Royal Bank of Scotland PLC
2006-07-25
➖
GILCHRIST, Iain resigned
secretary
2006-07-25
➕
KINCAID, Vivian appointed
secretary
2006-07-25
➖
GILCHRIST, Iain resigned
director
2002-08-08
🔓
Charge satisfied #1
2001-10-22
🔒
Charge registered #2
Lender: The Royal Bank of Scotland PLC

Showing most recent 50 of 59 events

Owner dependency

88/100

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

-12 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "KINCAID" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 71 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 71 years old. Natural succession window is now.
primary20+ year tenure: Director in role 27 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

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Group structure

Anm Group Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Anm Group Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

SWEENEY KINCAID LIMITED

This company · SC196511

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Anm Group Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	30/01/2024

1 historic (ceased) PSC

Mr Robert Russell Kincaidceased 30/01/2024· 75-100% shares

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 · Wholesale & distribution · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
JOHN DAVIDSON (PIPES) LIMITED→ SC050397 · est 1972	£15.21M £11.41M–£19.01M	£79.83M	—	25000	54y	83	61y
QUALITY FOOD PRODUCTS (ABERDEEN) LIMITED→ SC046323 · est 1969	£7.30M £5.48M–£9.13M	—	—	67	57y	83	59y
S&JD ROBERTSON NORTH AIR LIMITED→ SC051614 · est 1972	£5.85M £4.39M–£7.31M	—	—	35100	53y	83	59y
KEITH BUILDERS MERCHANTS LIMITED→ SC217157 · est 2001	£155.6k £116.7k–£194.6k	—	—	39	25y	84	58y
APEX TUBULARS LIMITED→ SC331461 · est 2007	—	—	—	600	18y	83	63y
GPH BUILDERS MERCHANTS LIMITED→ SC378341 · est 2010 · no financials extracted	—	—	—	—	15y	83	71y
SEAFOOD TRADERS INTERNATIONAL LIMITED→ SC223363 · est 2001	—	—	—	9000	24y	83	78y
ABERDEEN OFFICE SUPPLIES LIMITED→ SC238550 · est 2002	—	—	£59.2k	—	23y	82	67y
CABER COFFEE LIMITED→ SC329912 · est 2007	—	—	£593.6k	—	18y	82	83y
CRAIGIEVAR TIMBER LIMITED→ SC357720 · est 2009	—	—	£227.4k	—	17y	82	74y
THE SPEYSIDE WHISKY SHOP LIMITED→ SC715550 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
VACATIONS, LOGISTICS, CRAFTS AND MORE LTD→ SC867771 · est 2025 · no financials extracted	—	—	—	—	—	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated1999-05-24

Jurisdictionscotland

Primary SIC46190 — Agents involved in the sale of a variety of goods

Registered office

Thainstone Agricultural Centre

Thainstone

Inverurie

AB51 5XZ

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-30

Confirmation statement

Next due: 2026-06-07

Last: 2025-05-24