ADAPTOCARE LTD.

🌳Matureactive
SC197202 · ltd · incorporated 1999-06-14
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 26.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
£2.00M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Other retail sale not in stores, stalls or markets
Sector: Wholesale & retail
Investor take
Pursue
Asset-holding vehicle with a 87-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (93/100, director aged 87). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 26.3y

70/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 26.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (71/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 2 with DOB)
78
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
69 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 · accounting standard not declared
Positive net assets
Net assets £2,000,645

Key financials

1 year extracted from filed iXBRL accounts
Cash
£648k
Net Worth
£2.0m
Current Assets
£2.0m
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£2.06M
Current assets£1.95M
Cash£647.9k
Debtors£1.17M
Net assets£2.00M

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
3
filings
  • • 2 accounts
  • • 1 officers
Counts from Companies House filing history.
Corporate timeline (27 events)Click to expand
  1. 2025-12-12
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  2. 2025-12-11
    ➕
    MCKEE, Stuart Angus appointed
    director
  3. 2025-12-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2025-12-03
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  5. 2024-10-15
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  6. 2024-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2023-09-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-09-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-08-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-11-06
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  12. 2018-10-18
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  13. 2018-02-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  14. 2018-02-23
    🔓
    Charge satisfied #2
  15. 2017-09-27
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  16. 2016-10-03
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2016-06-15
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2012-04-20
    🔓
    Charge satisfied #1
  19. 2003-03-27
    🔒
    Charge registered #2
    Lender: Scottish Enterprise Glasgow
  20. 2000-01-18
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  21. 1999-06-14
    🏢
    Company incorporated
    As ADAPTOCARE LTD.
  22. 1999-06-14
    ➕
    MCKEE, Catherine Mary appointed
    secretary
  23. 1999-06-14
    ➕
    MCKEE, Thomas appointed
    director
  24. 1999-06-14
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  25. 1999-06-14
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  26. 1999-06-14
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  27. 1999-06-14
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 27 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 87 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

86/100
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 87 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

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 Stuart Angus Mckee
Individual · British · DOB 08/1967 · age 59
25–50%
—25-50% shares10/03/2023
Mr Thomas Mckee
Individual · British · DOB 08/1939 · age 87
25–50%
—25-50% shares06/04/2016

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
Incorporated1999-06-14
Jurisdictionscotland
Primary SIC47990 — Other retail sale not in stores, stalls or markets

Registered office

69/71 Hamilton Road
Motherwell
Lanarkshire
ML1 3DG

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-10-29
Last: 2025-10-15

Officers (3 active · 2 resigned)

MCKEE, Catherine Mary→
secretary · appointed 1999-06-14
View their other companies + combined net worth →
Active
MCKEE, Stuart Angus→
director · ~59y · appointed 2025-12-11
View their other companies + combined net worth →
Active
MCKEE, Thomas→
director · ~87y · appointed 1999-06-14
View their other companies + combined net worth →
Active
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 1999-06-14 · resigned 1999-06-14
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 1999-06-14 · resigned 1999-06-14
Resigned

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

Mortgages & charges

2
Total charges
0
Outstanding
0
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
satisfied
Scottish Enterprise Glasgow
Standard security1 property27/03/200323/02/2018
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property18/01/200020/04/2012

Recent filings (69 total)

appoint-person-director-company-with-name-date
officers · AP01
2025-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-12-11
change-account-reference-date-company-previous-shortened
accounts · AA01
2025-12-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-20
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-10-15
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-15
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-11