NORTH EAST MOTOR FACTORS LIMITED

💤Zombieactive
SC233760 · ltd · incorporated 2002-07-04
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 Jul 2025
Net worth
—
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Agents specialised in the sale of other particular products
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 82-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 82). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

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
Confirmed no charges registered
85
Directors & officers
5 officers (2 active, 5 linked, 2 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
80/100Exceptional
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
90
Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£0£0£0£0£0Jul 2024Jul 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-07-312024-07-31
Average employees300300

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 (24 events)Click to expand
  1. 2026-04-23
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-17
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-04-26
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2023-04-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2022-07-04
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2022-07-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2022-06-20
    ➖
    MACKAY, Gladys Mary resigned
    director
  8. 2022-03-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2021-04-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2020-04-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2019-03-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2018-04-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2017-04-25
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2016-04-30
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2015-07-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  16. 2015-05-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2002-07-04
    🏢
    Company incorporated
    As NORTH EAST MOTOR FACTORS LIMITED
  18. 2002-07-04
    ➕
    MACKAY, Barclay George Horne appointed
    secretary
  19. 2002-07-04
    ➕
    MACKAY, Barclay George Horne appointed
    director
  20. 2002-07-04
    ➕
    FIRST SCOTTISH SECRETARIES LIMITED appointed
    corporate-nominee-secretary
  21. 2002-07-04
    ➖
    FIRST SCOTTISH SECRETARIES LIMITED resigned
    corporate-nominee-secretary
  22. 2002-07-04
    ➕
    MACKAY, Gladys Mary appointed
    director
  23. 2002-07-04
    ➕
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED appointed
    corporate-nominee-director
  24. 2002-07-04
    ➖
    FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED 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.
  • +Long-tenure founder: Senior director has been in place 24 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 82 — 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 82 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 24 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 24 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

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Barclay George Horne Mackay
Individual · British · DOB 11/1944 · age 82
25–50%
25–50%board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence04/07/2016
1 historic (ceased) PSC
  • Mrs Gladys Mary Mackayceased 20/06/2022· 25-50% shares · 25-50% voting · board control · significant influence

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
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
JOHN DAVIDSON (PIPES) LIMITED→
SC050397 · est 1972
£15.21M
£11.41M–£19.01M
£79.83M—2500054y8361y
QUALITY FOOD PRODUCTS (ABERDEEN) LIMITED→
SC046323 · est 1969
£7.30M
£5.48M–£9.13M
——6757y8359y
S&JD ROBERTSON NORTH AIR LIMITED→
SC051614 · est 1972
£5.85M
£4.39M–£7.31M
——3510053y8359y
KEITH BUILDERS MERCHANTS LIMITED→
SC217157 · est 2001
£155.6k
£116.7k–£194.6k
——3925y8458y
APEX TUBULARS LIMITED→
SC331461 · est 2007
———60018y8363y
GPH BUILDERS MERCHANTS LIMITED→
SC378341 · est 2010 · no financials extracted
————15y8371y
SEAFOOD TRADERS INTERNATIONAL LIMITED→
SC223363 · est 2001
———900024y8378y
ABERDEEN OFFICE SUPPLIES LIMITED→
SC238550 · est 2002
——£59.2k—23y8267y
CABER COFFEE LIMITED→
SC329912 · est 2007
——£593.6k—18y8283y
CRAIGIEVAR TIMBER LIMITED→
SC357720 · est 2009
——£227.4k—17y8274y
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

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
Incorporated2002-07-04
Jurisdictionscotland
Primary SIC46180 — Agents specialised in the sale of other particular products

Registered office

16 Bank Street
Ferryhill
Aberdeen
AB11 7SX

Filing status

Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-07-18
Last: 2025-07-04

Officers (2 active · 3 resigned)

MACKAY, Barclay George Horne→
secretary · appointed 2002-07-04
View their other companies + combined net worth →
Active
MACKAY, Barclay George Horne→
director · ~82y · appointed 2002-07-04
View their other companies + combined net worth →
Active
FIRST SCOTTISH SECRETARIES LIMITED→
corporate-nominee-secretary · appointed 2002-07-04 · resigned 2002-07-04
Resigned
MACKAY, Gladys Mary→
director · ~75y · appointed 2002-07-04 · resigned 2022-06-20
Resigned
FIRST SCOTTISH INTERNATIONAL SERVICES LIMITED→
corporate-nominee-director · appointed 2002-07-04 · resigned 2002-07-04
Resigned

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

Recent filings (56 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-04-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2025-04-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-26
confirmation-statement-with-updates
confirmation-statement · CS01
2023-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-05
termination-director-company-with-name-termination-date
officers · TM01
2022-07-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-08
accounts-with-accounts-type-micro-entity
accounts · AA
2021-04-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-09
accounts-with-accounts-type-micro-entity
accounts · AA
2020-04-24