PENTLAND MEDICAL LTD.

🌳Matureactive
SC223422 · ltd · incorporated 2001-09-20
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

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

🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£675.4k
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 32500
Sector: Manufacturing
ALSO REGISTERED FOR
  • 46180Agents specialised in the sale of other particular products
Investor take
Pursue
Active trading company with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 67/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 4 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 2.5y

30/100
too messy

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

  • · Newest facility, 2.5 years old — likely still in initial term.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (79/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

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
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
7 officers (4 active, 7 linked, 3 with DOB)
79
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
78 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 £675,395
Cash YoY
+27%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£271k
↑ 27% YoY
Net Worth
£675k
↑ 61% YoY
Current Assets
£1.1m
↑ 25% YoY
Current Liabilities
—
£0£227k£454k£681k£908k£1.1mDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-12-312023-12-31
Total assets£828.6k£661.7k
Current assets£1.13M£911.4k
Cash£271.0k£213.7k
Debtors£722.2k£606.7k
Net assets£675.4k£419.7k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (31 events)Click to expand
  1. 2025-12-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  2. 2025-12-19
    📄
    change-person-director-company-with-change-date
    officers · CH01
  3. 2025-12-19
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  4. 2025-08-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2025-03-25
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  6. 2025-03-17
    🔒
    Charge registered #3
    Lender: Morgan Lloyd Trustees Limited as Trustee of Pentland Medical LTD Pension Scheme
  7. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2024-09-04
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  9. 2024-08-20
    🔒
    Charge registered #2
    Lender: Morgan Lloyd Trustees Limited as Trustee of Pentland Medical LTD Pension Scheme
  10. 2023-12-12
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  11. 2023-12-12
    🔒
    Charge registered #1
    Lender: Morgan Lloyd Trustees Limited as Trustee of Pentland Medical LTD Pension Scheme
  12. 2023-09-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2023-09-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2022-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2022-04-29
    ➕
    MUNRO, Victoria appointed
    secretary
  16. 2022-04-29
    ➖
    MUNRO, Victoria resigned
    secretary
  17. 2022-04-29
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  18. 2022-04-29
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  19. 2022-04-29
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  20. 2021-09-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  21. 2020-08-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  22. 2019-09-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  23. 2009-08-25
    ➕
    MUNRO, Ross appointed
    director
  24. 2007-03-01
    ➕
    MUNRO, Jamie appointed
    director
  25. 2001-09-20
    🏢
    Company incorporated
    As PENTLAND MEDICAL LTD.
  26. 2001-09-20
    ➕
    MUNRO, Stewart James appointed
    director
  27. 2001-09-20
    ➕
    MUNRO, Victoria appointed
    secretary
  28. 2001-09-20
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  29. 2001-09-20
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  30. 2001-09-20
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  31. 2001-09-20
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

83/100
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
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 69 — 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 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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.)

Group structure

Pentland Medical Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Pentland Medical Holdings Ltd
Corporate parent · holds 75-100% shares
ultimate parent
⬇
PENTLAND MEDICAL LTD.
This company · SC223422

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

Shareholders & ownership

2 active beneficial owners · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Pentland Medical Holdings Ltd
Corporate entity
75–100%
75–100%75-100% shares · 75-100% voting06/04/2016
Mr Stewart James Munro
Individual · British · DOB 01/1957 · age 69
—50–75%board control50-75% voting · board control06/04/2016

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

9 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
Incorporated2001-09-20
Jurisdictionscotland
Primary SIC32500 — SIC 32500

Registered office

4 Redheughs Rigg
Westpoint
Edinburgh
EH12 9DQ
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-31
Last: 2025-12-17

Officers (4 active · 3 resigned)

MUNRO, Victoria→
secretary · appointed 2022-04-29
View their other companies + combined net worth →
Active
MUNRO, Jamie→
director · ~41y · appointed 2007-03-01
View their other companies + combined net worth →
Active
MUNRO, Ross→
director · ~35y · appointed 2009-08-25
View their other companies + combined net worth →
Active
MUNRO, Stewart James→
director · ~69y · appointed 2001-09-20
View their other companies + combined net worth →
Active
MUNRO, Victoria→
secretary · appointed 2001-09-20 · resigned 2022-04-29
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2001-09-20 · resigned 2001-09-20
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2001-09-20 · resigned 2001-09-20
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Morgan Lloyd Trustees as Trustee of Pentland Medical Pension Scheme / Stewart Munro as Trustee of Pentland Medical Pension Scheme / Jamie Munro as Trustee of Pentland Medical Pension Scheme / Ross Munro as Trustee of Pentland Medical Pension Scheme
Morgan Lloyd Trustees Limited as Trustee of Pentland Medical LTD Pension Scheme / Stewart Munro as Trustee of Pentland Medical LTD Pension Scheme / Jamie Munro as Trustee of Pentland Medical LTD Pension Scheme / Ross Munro as Trustee of Pentland Medical LTD Pension Scheme
A registered charge9 properties17/03/2025—
outstanding
Morgan Lloyd Trustees as Trustee of Pentland Medical Pension Scheme / Stewart Munro as Trustee of Pentland Medical Pension Scheme / Jamie Munro as Trustee of Pentland Medical Pension Scheme / Ross Munro as Trustee of Pentland Medical Pension Scheme
Morgan Lloyd Trustees Limited as Trustee of Pentland Medical LTD Pension Scheme / Stewart Munro as Trustee of Pentland Medical LTD Pension Scheme / Jamie Munro as Trustee of Pentland Medical LTD Pension Scheme / Ross Munro as Trustee of Pentland Medical LTD Pension Scheme
A registered charge9 properties20/08/2024—
outstanding
Morgan Lloyd Trustees as Trustee of Pentland Medical Pension Scheme / Stewart Munro as Trustee of Pentland Medical Pension Scheme / Jamie Munro as Trustee of Pentland Medical Pension Scheme / Ross Munro as Trustee of Pentland Medical Pension Scheme
Morgan Lloyd Trustees Limited as Trustee of Pentland Medical LTD Pension Scheme / Stewart Munro as Trustee of Pentland Medical LTD Pension Scheme / Jamie Munro as Trustee of Pentland Medical LTD Pension Scheme / Ross Munro as Trustee of Pentland Medical LTD Pension Scheme
A registered charge9 properties12/12/2023—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (78 total)

change-person-director-company-with-change-date
officers · CH01
2025-12-19
change-person-director-company-with-change-date
officers · CH01
2025-12-19
change-person-secretary-company-with-change-date
officers · CH03
2025-12-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-12-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-29
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-03-25
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2024-09-04
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2023-12-12
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-21
confirmation-statement-with-updates
confirmation-statement · CS01
2022-10-14