I M MURRAY ENGINEERING LIMITED

🌳Matureactive
SC240950 · ltd · incorporated 2002-12-10
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
  • · Thesis: well-run, low negotiation leverage
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
£455.4k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Asset-holding vehicle. Family succession underway — not a classic acquisition target.

Opportunity 80/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: medium (76/100)

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
8 officers (4 active, 8 linked, 4 with DOB)
80
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
63 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £455,403
Cash YoY
+212%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£302k
↑ 212% YoY
Net Worth
£455k
↑ 71% YoY
Current Assets
£474k
↑ 84% YoY
Current Liabilities
—
£0£95k£190k£285k£380k£474kDec 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£481.2k£274.1k
Current assets£474.4k£258.4k
Cash£301.9k£96.6k
Debtors£87.5k£132.5k
Net assets£455.4k£266.7k

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 (29 events)Click to expand
  1. 2025-06-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-07-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-04
    ➕
    MURRAY, Ian Angus appointed
    director
  6. 2021-11-04
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2021-09-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-12-19
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2018-12-04
    📄
    capital-name-of-class-of-shares
    capital · SH08
  11. 2018-12-04
    📄
    capital-alter-shares-subdivision
    capital · SH02
  12. 2018-11-26
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  13. 2018-11-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  14. 2018-11-26
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  15. 2018-11-26
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  16. 2018-11-26
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  18. 2018-01-25
    ➕
    MURRAY, Jessie appointed
    director
  19. 2018-01-25
    ➖
    MURRAY, Ivor Mackenzie resigned
    director
  20. 2014-12-01
    ➕
    MACLEAN, Katherine appointed
    secretary
  21. 2014-11-30
    ➖
    MACKENZIE, Margaret resigned
    secretary
  22. 2003-01-04
    ➖
    MURRAY, Jessie Christina resigned
    secretary
  23. 2003-01-01
    ➕
    MACLEAN, Alister appointed
    director
  24. 2003-01-01
    ➕
    MACKENZIE, Margaret appointed
    secretary
  25. 2002-12-10
    🏢
    Company incorporated
    As I M MURRAY ENGINEERING LIMITED
  26. 2002-12-10
    ➕
    MURRAY, Jessie Christina appointed
    secretary
  27. 2002-12-10
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  28. 2002-12-10
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  29. 2002-12-10
    ➕
    MURRAY, Ivor Mackenzie appointed
    director

Owner dependency

98/100
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
  • +Founder name in company name: Company name contains director surname "MURRAY" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 79 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

50/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primaryFamily succession underway: Not a takeover target — MURRAY, Ian Angus (same surname) appointed 2021-11-04. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 79 years old. Natural succession window is now.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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
Mrs Jessie Murray
Individual · British · DOB 07/1947 · age 79
50–75%
50–75%50-75% shares · 50-75% voting25/01/2018
Mr Alister Maclean
Individual · Scottish · DOB 11/1966 · age 60
25–50%
25–50%25-50% shares · 25-50% voting25/01/2018
1 historic (ceased) PSC
  • Mr Ivor Mackenzie Murrayceased 25/01/2018· 50-75% shares · 50-75% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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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
Incorporated2002-12-10
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

26 Lewis Street
Stornoway
Isle Of Lewis
HS1 2JF

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-12-01
Last: 2025-11-17

Officers (4 active · 4 resigned)

MACLEAN, Katherine→
secretary · appointed 2014-12-01
View their other companies + combined net worth →
Active
MACLEAN, Alister→
director · ~60y · appointed 2003-01-01
View their other companies + combined net worth →
Active
MURRAY, Ian Angus→
director · ~49y · appointed 2021-11-04
View their other companies + combined net worth →
Active
MURRAY, Jessie→
director · ~79y · appointed 2018-01-25
View their other companies + combined net worth →
Active
MACKENZIE, Margaret→
secretary · appointed 2003-01-01 · resigned 2014-11-30
Resigned
MURRAY, Jessie Christina→
secretary · appointed 2002-12-10 · resigned 2003-01-04
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2002-12-10 · resigned 2002-12-10
Resigned
MURRAY, Ivor Mackenzie→
director · ~81y · appointed 2002-12-10 · resigned 2018-01-25
Resigned

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

Recent filings (63 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-17
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-26
confirmation-statement-with-updates
confirmation-statement · CS01
2024-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-11
confirmation-statement-with-updates
confirmation-statement · CS01
2022-12-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-11
confirmation-statement-with-updates
confirmation-statement · CS01
2021-12-22
appoint-person-director-company-with-name-date
officers · AP01
2021-11-04
accounts-with-accounts-type-micro-entity
accounts · AA
2021-09-28
confirmation-statement-with-updates
confirmation-statement · CS01
2021-02-10
accounts-with-accounts-type-micro-entity
accounts · AA
2020-12-19
confirmation-statement-with-updates
confirmation-statement · CS01
2019-12-12
accounts-with-accounts-type-micro-entity
accounts · AA
2019-09-30