M. RATTER LIMITED

🌳Matureactive
SC274523 · ltd · incorporated 2004-10-11
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
£68.2k
book net assets
Opportunity
80/100
Exceptional
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What this business does
Primary activity: Electrical installation
Sector: Construction
Investor take
Pursue
Asset-holding vehicle with a 67-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 67). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

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
6 officers (2 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
64 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 · FRS 105 (micro)
Positive net assets
Net assets £68,201

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£68k
Current Assets
£57k
Current Liabilities
—
£0£14k£27k£41k£55k£68kOct 2023Oct 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-10-312023-10-31
Total assets£128.2k—
Current assets£57.3k—
Net assets£68.2k—

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 (27 events)Click to expand
  1. 2025-10-03
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  2. 2025-07-31
    ➖
    RATTER, Linda resigned
    secretary
  3. 2025-07-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2025-05-29
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2025-05-29
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-10-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2024-10-14
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  8. 2024-10-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2024-10-14
    📄
    change-person-director-company-with-change-date
    officers · CH01
  10. 2024-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  11. 2023-06-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2022-01-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2021-02-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  14. 2020-01-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  15. 2019-01-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-03-09
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  17. 2017-05-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  18. 2015-04-28
    ➕
    CRAIK-RATTER, Pamela Lorna appointed
    director
  19. 2011-07-18
    ➖
    MILNE, Carol resigned
    secretary
  20. 2011-07-18
    ➕
    RATTER, Linda appointed
    secretary
  21. 2004-10-11
    🏢
    Company incorporated
    As M. RATTER LIMITED
  22. 2004-10-11
    ➕
    RATTER, Magnus appointed
    director
  23. 2004-10-11
    ➕
    MILNE, Carol appointed
    secretary
  24. 2004-10-11
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  25. 2004-10-11
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  26. 2004-10-11
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  27. 2004-10-11
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-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
  • +Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
  • +Founder name in company name: Company name contains director surname "RATTER" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 22 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 67 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 67. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 22 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
Magnus Ratter
Individual · British · DOB 07/1959 · age 67
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mrs Pamela Lorna Craik-Ratter
Individual · British · DOB 07/1967 · age 59
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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
Incorporated2004-10-11
Jurisdictionscotland
Primary SIC43210 — Electrical installation

Registered office

No 2 North Ness Business Park
Lerwick
Shetland
ZE1 0LZ

Filing status

Accounts
Next due: 2026-07-31
Last made up to: 2024-10-31
Confirmation statement
Next due: 2026-10-25
Last: 2025-10-11

Officers (2 active · 4 resigned)

CRAIK-RATTER, Pamela Lorna→
director · ~59y · appointed 2015-04-28
View their other companies + combined net worth →
Active
RATTER, Magnus→
director · ~67y · appointed 2004-10-11
View their other companies + combined net worth →
Active
MILNE, Carol→
secretary · appointed 2004-10-11 · resigned 2011-07-18
Resigned
RATTER, Linda→
secretary · appointed 2011-07-18 · resigned 2025-07-31
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2004-10-11 · resigned 2004-10-11
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2004-10-11 · resigned 2004-10-11
Resigned

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

Recent filings (64 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-16
termination-secretary-company-with-name-termination-date
officers · TM02
2025-10-03
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-21
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-05-29
change-person-director-company-with-change-date
officers · CH01
2025-05-29
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-14
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-14
change-person-director-company-with-change-date
officers · CH01
2024-10-14
change-person-director-company-with-change-date
officers · CH01
2024-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-14
accounts-with-accounts-type-micro-entity
accounts · AA
2024-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2023-06-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-11
accounts-with-accounts-type-micro-entity
accounts · AA
2022-01-25