COLLENNAN LTD.

🌳Matureactive

SC249864 · ltd · incorporated 2003-05-21

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 Oct 2024

Net worth

£50.7k

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: Non-trading company

Sector: Professional, scientific & technical

Investor take

Pursue

Dormant / non-trading with a 79-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 79). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

3 connected companies via shared directors

Filing history

53 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)

Positive net assets

Net assets £50,694

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£51k

~ YoY

Current Assets

£275

~ YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)

Metric	2024-10-31	2023-10-31
Total assets	£50.7k	£50.7k
Current assets	£275	£275
Net assets	£50.7k	£50.7k

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

filings

Last 90 days

filings

Last 180 days

filings

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2025-10-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-07-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-07-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-10-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-10-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-07-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-07-13
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-07-27
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-02
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-07-30
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-14
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-07-23
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2014-06-09
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2003-05-21
🏢
Company incorporated
As COLLENNAN LTD.
2003-05-21
➕
MAIR, Martin Thomas appointed
secretary
2003-05-21
➕
MAIR, Kenneth-Alexander appointed
director
2003-05-21
➕
MAIR, Martin Thomas appointed
director
2003-05-21
➕
BRIAN REID LTD. appointed
corporate-nominee-secretary
2003-05-21
➖
BRIAN REID LTD. resigned
corporate-nominee-secretary
2003-05-21
➕
STEPHEN MABBOTT LTD. appointed
corporate-nominee-director
2003-05-21
➖
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 79 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

96/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 79 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.
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

Name	Shares	Voting rights	Nature of control	Notified
Mr Kenneth Alexander Mair Individual · British · DOB 05/1947 · age 79	25–50%	—	25-50% shares	06/04/2016
Mr Martin Thomas Mair Individual · British · DOB 02/1954 · age 72	25–50%	—	25-50% shares	06/04/2016

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 · Holding company · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MICROTECH GROUP LIMITED→ SC372953 · est 2010	£9.91M £8.43M–£11.40M	—	£9.91M	—	16y	83	63y
ASPECT SURVEYS LIMITED→ SC357302 · est 2009	£2.37M £2.02M–£2.73M	—	£2.37M	—	17y	81	65y
BRIDGEND HOLDINGS LIMITED→ SC175640 · est 1997	£1.25M £1.06M–£1.44M	—	£1.25M	—	28y	81	81y
DALS PROPERTIES LIMITED→ SC267787 · est 2004	£810.2k £688.6k–£931.7k	—	£810.2k	—	21y	80	64y
CBGB HOLDINGS LIMITED→ SC334703 · est 2007	£741.6k £630.4k–£852.9k	—	£741.6k	—	18y	80	64y
KL HOLDINGS LIMITED→ SC147187 · est 1993	£210.0k £178.5k–£241.4k	—	£210.0k	—	32y	82	70y
CASTLEHILL RESIDENTIAL LETTINGS LIMITED→ SC355876 · est 2009	£142.6k £121.2k–£164.0k	—	£142.6k	—	17y	82	58y
HEATHERGEMS LIMITED→ SC047180 · est 1970	£130.3k £110.8k–£149.9k	—	£130.3k	—	56y	83	72y
CALEBRIDGE LIMITED→ SC201077 · est 1999	£91.1k £77.4k–£104.7k	—	£91.1k	—	26y	82	67y
ANDREW, DICKSON AND CATTO LIMITED→ SC135258 · est 1991	£100 £85–£115	—	£100	—	34y	80	76y
DAVID COOK DEVELOPMENTS LIMITED→ SC166098 · est 1996	£99 £84–£114	—	£99	—	29y	82	71y
WEST COAST CAPITAL LIMITED→ SC212249 · est 2000	£1 £1–£1	—	£1	—	25y	82	77y

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.

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Company details

Statusactive

Typeltd

Incorporated2003-05-21

Jurisdictionscotland

Primary SIC74990 — Non-trading company

Registered office

Glenetive, Auchengate Sawmill

Irvine

Ayrshire

KA11 5BQ

Filing status

Accounts

Next due: 2026-07-31

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-06-10

Last: 2025-05-27

Officers (3 active · 2 resigned)

MAIR, Martin Thomas→

secretary · appointed 2003-05-21

View their other companies + combined net worth →

Active

MAIR, Kenneth-Alexander→

director · ~79y · appointed 2003-05-21

View their other companies + combined net worth →

Active

MAIR, Martin Thomas→

director · ~72y · appointed 2003-05-21

View their other companies + combined net worth →

Active

BRIAN REID LTD.→

corporate-nominee-secretary · appointed 2003-05-21 · resigned 2003-05-21

Resigned

STEPHEN MABBOTT LTD.→

corporate-nominee-director · appointed 2003-05-21 · resigned 2003-05-21

Resigned

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