MACKENZIE & CRUICKSHANK LTD.
- · Oldest live charge 23.1y old — refinance window within 12 months
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
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.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Key financials
1 year extracted from filed iXBRL accountsFinancials
Extracted from Companies House accounts · FRS 102| Metric | 2025-03-31 |
|---|---|
| Average employees | 4500 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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
- • 1 persons-with-significant-control
- • 1 persons-with-significant-control
- • 1 persons-with-significant-control
- • 1 mortgage
Corporate timeline (28 events)Click to expand
- 2026-04-20📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-12-23📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2025-12-17🔒Charge registered #2Lender: Bank of Scotland PLC
- 2025-07-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-08-09📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-08-09📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2024-08-09📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2024-08-09📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-08-06📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-07-24➖WILSON, Peter Ainsley resigneddirector
- 2024-07-19➕WILSON, Alistair appointeddirector
- 2023-08-17📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-09-05📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-08-20📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-09-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-03-14📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2019-10-16📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-03📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2017-08-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2003-04-04🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 2003-03-13🏢Company incorporatedAs MACKENZIE & CRUICKSHANK LTD.
- 2003-03-13➕WILSON, Heather appointedsecretary
- 2003-03-13➕WILSON, Heather appointeddirector
- 2003-03-13➕BRIAN REID LTD. appointedcorporate-nominee-secretary
- 2003-03-13➖BRIAN REID LTD. resignedcorporate-nominee-secretary
- 2003-03-13➕WILSON, Peter Ainsley appointeddirector
- 2003-03-13➕STEPHEN MABBOTT LTD. appointedcorporate-nominee-director
- 2003-03-13➖STEPHEN MABBOTT LTD. resignedcorporate-nominee-director
Owner dependency
The business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
- +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
Some succession indicators present. Worth watching; approach if sector/strategy fits.
- 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
cleanShareholders & ownership
1 active beneficial owner| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Alistair Wilson Individual · British · DOB 07/1983 · age 43 | 25–50% | — | 25-50% shares | 19/07/2024 |
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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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 (3 active · 3 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Lloyds Banking Group Bank of Scotland PLC | A registered charge | 1 property | 17/12/2025 | — | |
| outstanding | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 04/04/2003 | — |