MERECREST LIMITED
🌳Matureactive
SC234249 · ltd · incorporated 2002-07-18
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
—
year to Jul 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: SIC 49320
Sector: Transportation & storage
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 79/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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
12 officers (2 active, 12 linked, 8 with DOB)
83
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
86 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
75
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 accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-07-31 | 2024-07-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (40 events)Click to expand
- 2026-04-08📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-04-24📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-03-22📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-05-19📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-04-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-20📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-06-29📍change-sail-address-company-with-old-address-new-addressaddress · AD02
- 2020-06-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-29📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-06-29📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2020-05-10➖CAPENER, Evelyn Louise resignedsecretary
- 2020-05-10➖CAPENER, Evelyn Louise resigneddirector
- 2020-05-10➖WILSON, Stephen resigneddirector
- 2020-04-30📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-02-01➕HARDY, Jacqueline Yvonne Kater appointeddirector
- 2020-02-01➕WHITSON, John Ronald appointeddirector
- 2020-02-01📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-02-01📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-02-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-02-01📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-02-01📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-04-04📄accounts-with-accounts-type-dormantaccounts · AA
- 2015-12-31➖CURRIE, Martin resigneddirector
- 2015-12-31➖HYSLOP, Leigh resigneddirector
- 2011-05-30➕CURRIE, Martin appointeddirector
- 2011-05-30➕HYSLOP, Leigh appointeddirector
- 2002-11-22➖GATTI, Kevin resigneddirector
- 2002-10-14➕CAPENER, Evelyn Louise appointedsecretary
- 2002-10-14➖GATTI, Iain Brian James resignedsecretary
- 2002-10-14➕CAPENER, Evelyn Louise appointeddirector
- 2002-10-14➕WILSON, Stephen appointeddirector
- 2002-09-12➖HANNING, Eric Thomas resigneddirector
- 2002-08-07➕GATTI, Iain Brian James appointedsecretary
- 2002-08-07➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2002-08-07➕GATTI, Kevin appointeddirector
- 2002-08-07➕HANNING, Eric Thomas appointeddirector
- 2002-08-07➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
- 2002-07-18🏢Company incorporatedAs MERECREST LIMITED
- 2002-07-18➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2002-07-18➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
Owner dependency
66/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
FACTORS
- +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
56/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondaryStable-but-static management: Company is 24 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanNo 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 · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr John Ronald Whitson Individual · British · DOB 01/1973 · age 53 | 75–100% | — | 75-100% shares | 01/02/2020 |
1 historic (ceased) PSC
- Mr Stephen Wilsonceased 01/02/2020· 75-100% shares · trust interest · firm interest
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 · Transport & logistics · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| KERR'S OF EDINBURGH LTD→ SC568681 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| LAIRD TAXIS LTD.→ SC307300 · est 2006 · no financials extracted | — | — | — | — | 19y | — | — |
| LINLITHGOW PC LIMITED→ SC366698 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| M&H TAXIS LTD→ SC878777 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| MAILBOXES 247 LIMITED→ SC363727 · est 2009 · no financials extracted | — | — | — | — | 16y | — | — |
| MARCIN KOBUS HAULAGE LTD.→ SC409029 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| MARPAN LTD→ SC499535 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| MED COURIERS AND LOGISTICS LTD→ SC662660 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
| MENZIES PARCELS LIMITED→ SC201118 · est 1999 · no financials extracted | — | — | — | — | 26y | — | — |
| MICRODALE LIMITED→ SC244416 · est 2003 · no financials extracted | — | — | — | — | 23y | — | — |
| MIDFIELD ENGINEERING SOLUTIONS LTD→ SC768807 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| MILLBURN WORLD TRAVEL SERVICES LIMITED→ SC090091 · est 1984 · no financials extracted | — | — | — | — | 41y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2002-07-18
Jurisdictionscotland
Primary SIC49320 — SIC 49320
Registered office
44 Gilmerton Dykes Crescent
Edinburgh
EH17 8JR
Scotland
Filing status
Accounts
Next due: 2027-04-30
Last made up to: 2025-07-31
Confirmation statement
Next due: 2026-06-23
Last: 2025-06-09
Officers (2 active · 10 resigned)
HARDY, Jacqueline Yvonne Kater→
Activedirector · ~59y · appointed 2020-02-01
View their other companies + combined net worth →
WHITSON, John Ronald→
Activedirector · ~53y · appointed 2020-02-01
View their other companies + combined net worth →
CAPENER, Evelyn Louise→
Resignedsecretary · appointed 2002-10-14 · resigned 2020-05-10
GATTI, Iain Brian James→
Resignedsecretary · appointed 2002-08-07 · resigned 2002-10-14
BRIAN REID LTD.→
Resignedcorporate-nominee-secretary · appointed 2002-07-18 · resigned 2002-08-07
CAPENER, Evelyn Louise→
Resigneddirector · ~71y · appointed 2002-10-14 · resigned 2020-05-10
CURRIE, Martin→
Resigneddirector · ~47y · appointed 2011-05-30 · resigned 2015-12-31
GATTI, Kevin→
Resigneddirector · ~65y · appointed 2002-08-07 · resigned 2002-11-22
HANNING, Eric Thomas→
Resigneddirector · ~65y · appointed 2002-08-07 · resigned 2002-09-12
HYSLOP, Leigh→
Resigneddirector · ~46y · appointed 2011-05-30 · resigned 2015-12-31
WILSON, Stephen→
Resigneddirector · ~63y · appointed 2002-10-14 · resigned 2020-05-10
STEPHEN MABBOTT LTD.→
Resignedcorporate-nominee-director · appointed 2002-07-18 · resigned 2002-08-07
Click a director name to see their full track record across all companies.
Recent filings (86 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-04-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-24
accounts-with-accounts-type-dormant
accounts · AA
2025-04-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-12
accounts-with-accounts-type-dormant
accounts · AA
2024-03-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-15
accounts-with-accounts-type-dormant
accounts · AA
2023-05-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-18
accounts-with-accounts-type-dormant
accounts · AA
2022-04-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-07-13
accounts-with-accounts-type-dormant
accounts · AA
2021-04-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-29
change-sail-address-company-with-old-address-new-address
address · AD02
2020-06-29
termination-director-company-with-name-termination-date
officers · TM01
2020-06-29
termination-director-company-with-name-termination-date
officers · TM01
2020-06-29