M & H CARRIERS (ABERDEEN) LIMITED
Opportunity 75/100 (strong), bankability 80/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).
Refinance opportunity
1 live charge · oldest 21.8y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 21.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (57/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Solid opportunity signal. Worth a dedicated memo and management meeting.
Recent activity
- • 1 confirmation-statement
- • 1 confirmation-statement
- • 1 accounts
Corporate timeline (31 events)Click to expand
- 2025-12-18📄accounts-with-accounts-type-fullaccounts · AA
- 2025-01-14📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-22📄accounts-with-accounts-type-fullaccounts · AA
- 2024-03-05📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC05
- 2023-01-09📄accounts-with-accounts-type-smallaccounts · AA
- 2022-10-04📄termination-director-company-with-name-termination-dateofficers · TM01
- 2022-07-30➖SLATER, Magnus William resigneddirector
- 2022-03-17📄auditors-resignation-companyauditors · AUD
- 2021-12-28📄accounts-with-accounts-type-smallaccounts · AA
- 2021-05-04📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2021-05-04📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2021-05-04📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2021-05-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2021-05-04📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2021-04-26📄resolutionresolution · RESOLUTIONS
- 2021-04-26📄memorandum-articlesincorporation · MA
- 2021-04-06➕STRONACHS SECRETARIES LIMITED appointedcorporate-secretary
- 2021-04-06➖PETERKINS, SOLICITORS resignedcorporate-nominee-secretary
- 2021-03-15📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-16📄accounts-with-accounts-type-smallaccounts · AA
- 2020-05-19📄resolutionresolution · RESOLUTIONS
- 2020-04-15➕MACLEAN, Fraser James appointeddirector
- 2020-04-15📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-01-15➖SLATER, Helen Bennett resigneddirector
- 2004-07-21🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-03-24➕SLATER, Helen Bennett appointeddirector
- 2003-03-24➕SLATER, Magnus William appointeddirector
- 2003-03-24➖PETERKINS SERVICES LIMITED resignedcorporate-nominee-director
- 2003-03-03🏢Company incorporatedAs M & H CARRIERS (ABERDEEN) LIMITED
- 2003-03-03➕PETERKINS, SOLICITORS appointedcorporate-nominee-secretary
- 2003-03-03➕PETERKINS SERVICES LIMITED appointedcorporate-nominee-director
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- +Sole director: Only one active director — all governance concentrated on one person.
Succession & seller-readiness
Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 23 years old and no new directors in the last 3 years — succession not yet being planned internally.
Red flags
cleanGroup structure
M & H Carriers North Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
M & H Carriers North Limited Corporate entity | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 06/04/2021 |
1 historic (ceased) PSC
- Mr Magnus William Slaterceased 06/04/2021· 75-100% shares · 75-100% voting
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (2 active · 4 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 21/07/2004 | — |