MACKENZIE & CRUICKSHANK LTD.

🌳Matureactive
SC245600 · ltd · incorporated 2003-03-13
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 23.1y old — refinance window within 12 months
🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: SIC 47760
Sector: Wholesale & retail
Investor take
Pursue
Active trading company. Family succession underway — not a classic acquisition target.

Opportunity 82/100 (exceptional), bankability 75/100. Same-surname younger director in place — likely family handover, not open to sale. Share purchase looks the cleaner deal structure. 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 (65/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 23.1y

50/100
clean up first

Refinance viable after a tidy-up — address the highlighted items first.

  • · Oldest live charge is 23.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (3 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
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.

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
Current Assets
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-03-31
Average employees4500

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 signals 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 persons-with-significant-control
Last 90 days
1
filing
  • 1 persons-with-significant-control
Last 180 days
2
filings
  • 1 persons-with-significant-control
  • 1 mortgage
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2026-04-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  2. 2025-12-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  3. 2025-12-17
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  4. 2025-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-08-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  6. 2024-08-09
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-08-09
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  8. 2024-08-09
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  9. 2024-08-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2024-07-24
    WILSON, Peter Ainsley resigned
    director
  11. 2024-07-19
    WILSON, Alistair appointed
    director
  12. 2023-08-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2022-09-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-08-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2020-09-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2020-03-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2019-10-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2018-12-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  19. 2017-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  20. 2003-04-04
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  21. 2003-03-13
    🏢
    Company incorporated
    As MACKENZIE & CRUICKSHANK LTD.
  22. 2003-03-13
    WILSON, Heather appointed
    secretary
  23. 2003-03-13
    WILSON, Heather appointed
    director
  24. 2003-03-13
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  25. 2003-03-13
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  26. 2003-03-13
    WILSON, Peter Ainsley appointed
    director
  27. 2003-03-13
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  28. 2003-03-13
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

91/100
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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 72 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

46/100
Moderate signal

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

SIGNALS
  • primaryFamily succession underway: Not a takeover target — WILSON, Alistair (same surname) appointed 2024-07-19. Pattern consistent with intra-family handover.
  • primaryFounder aged 70+: Senior director is approximately 72 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 23 years. Very long tenure is a classic succession signal.
  • 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 Alistair Wilson
Individual · British · DOB 07/1983 · age 43
2550%
25-50% shares19/07/2024
1 historic (ceased) PSC
  • Mr Peter Ainsley Wilsonceased 19/07/2024· 25-50% shares

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
Incorporated2003-03-13
Jurisdictionscotland
Primary SIC47760 — SIC 47760

Registered office

Mackenzie & Cruickshank Greshop Road
Greshop Industrial Estate
Forres
IV36 2GU
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-23
Last: 2025-08-09

Officers (3 active · 3 resigned)

WILSON, Heather
secretary · appointed 2003-03-13
View their other companies + combined net worth →
Active
WILSON, Alistair
director · ~43y · appointed 2024-07-19
View their other companies + combined net worth →
Active
WILSON, Heather
director · ~72y · appointed 2003-03-13
View their other companies + combined net worth →
Active
BRIAN REID LTD.
corporate-nominee-secretary · appointed 2003-03-13 · resigned 2003-03-13
Resigned
WILSON, Peter Ainsley
director · ~72y · appointed 2003-03-13 · resigned 2024-07-24
Resigned
STEPHEN MABBOTT LTD.
corporate-nominee-director · appointed 2003-03-13 · resigned 2003-03-13
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
Bank of Scotland PLC
A registered charge1 property17/12/2025
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property04/04/2003
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2026-04-20
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2025-12-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-07-29
termination-director-company-with-name-termination-date
officers · TM01
2024-08-09
confirmation-statement-with-updates
confirmation-statement · CS01
2024-08-09
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-08-09
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-08-09
appoint-person-director-company-with-name-date
officers · AP01
2024-08-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-24