MCCLENAGHAN OF SLAMANNAN LTD.

💤Zombieactive
SC223696 · ltd · incorporated 2001-09-26
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 Sept 2024
Net worth
£1.79M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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

2 live charges · 2 lenders · oldest 23.6y

30/100
under pressure

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

  • · Oldest live charge is 23.6 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
65 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 £1,792,443

Key financials

2 years extracted from filed iXBRL accounts
Cash
£797k
Net Worth
£1.8m
Current Assets
£1.2m
Current Liabilities
—
£0£358k£717k£1.1m£1.4m£1.8mSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£2.08M—
Current assets£1.19M—
Cash£797.2k—
Debtors£389.4k—
Net assets£1.79M—

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 (29 events)Click to expand
  1. 2025-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2022-09-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-02-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2018-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-02-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-02-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-09-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-02-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2015-02-06
    ➖
    MCCLENAGHAN, Alexander resigned
    secretary
  17. 2015-02-06
    ➖
    MCCLENAGHAN, Alexander resigned
    director
  18. 2009-10-07
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Commercial Finance Limited
  19. 2002-10-05
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  20. 2001-09-26
    🏢
    Company incorporated
    As MCCLENAGHAN OF SLAMANNAN LTD.
  21. 2001-09-26
    ➕
    MCCLENAGHAN, Ian appointed
    director
  22. 2001-09-26
    ➕
    MCCLENAGHAN, Alexander appointed
    secretary
  23. 2001-09-26
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  24. 2001-09-26
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  25. 2001-09-26
    ➕
    MCCLENAGHAN, Alexander appointed
    director
  26. 2001-09-26
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  27. 2001-09-26
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  28. 2001-09-26
    ➕
    PETER TRAINER COMPANY SERVICES LTD. appointed
    corporate-nominee-director
  29. 2001-09-26
    ➖
    PETER TRAINER COMPANY SERVICES LTD. resigned
    corporate-nominee-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.
  • +Founder name in company name: Company name contains director surname "MCCLENAGHAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100
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.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • 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.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ian Mcclenaghan
Individual · British · DOB 03/1955 · age 71
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Elizabeth Mcclenaghan
Individual · British · DOB 08/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

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
Incorporated2001-09-26
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

Ashmore
High Street, Slamannan
By Falkirk
FK1 3EY

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-03
Last: 2025-08-20

Officers (1 active · 5 resigned)

MCCLENAGHAN, Ian→
director · ~71y · appointed 2001-09-26
View their other companies + combined net worth →
Active
MCCLENAGHAN, Alexander→
secretary · appointed 2001-09-26 · resigned 2015-02-06
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-secretary · appointed 2001-09-26 · resigned 2001-09-26
Resigned
MCCLENAGHAN, Alexander→
director · ~95y · appointed 2001-09-26 · resigned 2015-02-06
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-director · appointed 2001-09-26 · resigned 2001-09-26
Resigned
PETER TRAINER COMPANY SERVICES LTD.→
corporate-nominee-director · appointed 2001-09-26 · resigned 2001-09-26
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Floating charge1 property07/10/2009—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property05/10/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-02
change-person-director-company-with-change-date
officers · CH01
2022-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2019-08-20