INNES & MACKAY LIMITED

🌳Matureactive

SC283654 · ltd · incorporated 2005-04-22

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

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.8y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Jun 2025

Net worth

£571.2k

book net assets

Opportunity

83/100

Exceptional

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What this business does

Primary activity: Solicitors

Sector: Professional, scientific & technical

Investor take

Pursue

Active trading company with a 61-year-old founder — textbook succession opportunity.

Opportunity 83/100 (exceptional), bankability 80/100. Strong seller-intent signal (70/100, director aged 61). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 11.8y

85/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Oldest live charge is 11.8 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (80/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

Company profile

address, 1 SIC codes, incorporation date

100

Financials

2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

12 officers (2 active, 12 linked, 10 with DOB)

Ownership & PSC

1 active PSC(s) of 7 total, 7 with control declared

Director network

3 connected companies via shared directors

Filing history

99 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

83/100Exceptional

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

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £571,197

Key financials

2 years extracted from filed iXBRL accounts

Cash

£1.6m

Net Worth

£571k

Current Assets

£2.1m

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-06-30	2024-06-30
Total assets	£626.2k	—
Current assets	£2.09M	—
Cash	£1.60M	—
Debtors	£349.3k	—
Net assets	£571.2k	—
Average employees	—	2600

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

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (44 events)Click to expand

2026-03-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-06-06
📄
capital-cancellation-shares
capital · SH06
2024-05-22
📄
capital-return-purchase-own-shares
capital · SH03
2024-04-29
📄
change-person-director-company-with-change-date
officers · CH01
2024-04-29
📄
memorandum-articles
incorporation · MA
2024-04-29
📄
resolution
resolution · RESOLUTIONS
2024-04-26
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-04-26
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-04-23
➖
DONALD, Ewan resigned
director
2024-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-12
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-08
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-09-06
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-03-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-03-23
📄
capital-alter-shares-subdivision
capital · SH02
2021-12-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-04-22
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-04-07
📄
termination-director-company-with-name-termination-date
officers · TM01
2021-03-31
➖
LAW, Elizabeth Jean Marie resigned
director
2021-03-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-31
➖
WINDSOR, Sarah Rosalie resigned
director
2020-12-22
➕
CORMACK, Laura appointed
director
2020-10-31
➖
SIMPSON, Angela Theresa resigned
director
2020-07-03
➖
LILLEY, Sarah Ann resigned
director
2018-07-01
➕
LILLEY, Sarah Ann appointed
director
2018-07-01
➕
WINDSOR, Sarah Rosalie appointed
director
2017-12-31
➖
MACLEOD, John Robert resigned
secretary
2017-12-31
➖
MACLEOD, John Robert resigned
director
2014-07-17
🔒
Charge registered #1
Lender: The Royal Bank of Scotland PLC
2013-09-10
➖
STUART, Chris David Brown resigned
director
2011-05-19
➖
DUNCAN, Calum Iain resigned
secretary
2011-05-19
➕
MACLEOD, John Robert appointed
secretary
2011-05-19
➖
DUNCAN, Calum Iain resigned
director
2010-01-01
➕
LAW, Elizabeth Jean Marie appointed
director
2005-06-20
➕
SIMPSON, Angela Theresa appointed
director
2005-06-16
➕
STUART, Chris David Brown appointed
director
2005-04-22
🏢
Company incorporated
As INNES & MACKAY LIMITED
2005-04-22
➕
YOUNG, Jane Elizabeth appointed
director
2005-04-22
➕
DUNCAN, Calum Iain appointed
secretary
2005-04-22
➕
DONALD, Ewan appointed
director
2005-04-22
➕
DUNCAN, Calum Iain appointed
director
2005-04-22
➕
MACLEOD, John Robert appointed
director

Owner dependency

76/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

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 21 years — deep operational knowledge concentrated in one person.
+Senior director age: Director aged approximately 61 — approaching natural succession window.

Succession & seller-readiness

76/100

Likely off-market candidate

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

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 61. Early succession window.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 21 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 21 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

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mrs Jane Elizabeth Young Individual · British · DOB 07/1965 · age 61	—	—	sig. influencesignificant influence	22/04/2017

6 historic (ceased) PSCs

Mrs Sarah Rosalie Windsorceased 31/12/2020· significant influence
Mrs Sarah Ann Lilleyceased 03/07/2020· significant influence
Mr Ewan Donaldceased 23/04/2024· significant influence
Mrs Elizabeth Jean Marie Lawceased 31/03/2021· significant influence
Mrs Angela Theresa Simpsonceased 31/10/2020· significant influence
Mr John Robert Macleodceased 31/12/2017· significant influence

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 · Professional services · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
CMM ACCOUNTANCY (INVERNESS) LIMITED→ SC279223 · est 2005	—	—	—	—	21y	83	58y
COPERNICUS TECHNOLOGY LTD→ SC350102 · est 2008	—	—	£373.8k	—	17y	83	62y
SELF STORAGE - 4 U LIMITED→ SC261522 · est 2004	—	—	—	9	22y	83	82y
ACSMID (HOLDINGS) LIMITED→ SC177791 · est 1997	—	—	£41.8k	—	28y	82	71y
ANSER PROFESSIONAL SERVICES LIMITED→ SC246199 · est 2003	—	—	£56.4k	—	23y	82	62y
AWS OCEAN ENERGY LIMITED→ SC268223 · est 2004	—	—	—	300	21y	82	64y
BAYHANARTS LIMITED→ SC097397 · est 1986	—	—	—	0	40y	82	84y
CALEDONIAN ENERGY MANAGEMENT LIMITED→ SC193616 · est 1999	—	—	£22.4k	—	27y	82	64y
CAMPBELL PLANT (LOCHABER) LTD→ SC303491 · est 2006	—	—	—	4	19y	82	66y
COLIN ARMSTRONG ASSOCIATES LIMITED→ SC259880 · est 2003	—	—	£1.64M	—	22y	82	67y
ECHOMASTER MARINE LIMITED→ SC286015 · est 2005	—	—	—	11	20y	82	80y
VGN STV LIMITED→ SC799946 · est 2024 · no financials extracted	—	—	—	—	2y	—	—

Peers ranked by estimated value, then turnover, then opportunity score.See all →

🔒Tailored diligence questions

6 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

Incorporated2005-04-22

Jurisdictionscotland

Primary SIC69102 — Solicitors

Registered office

Kintail House

Beechwood Park

Inverness

IV2 3BW

Scotland

Filing status

Accounts

Next due: 2027-03-31

Last made up to: 2025-06-30

Confirmation statement

Next due: 2026-05-06

Last: 2025-04-22

Officers (2 active · 10 resigned)

CORMACK, Laura→

director · ~42y · appointed 2020-12-22

View their other companies + combined net worth →

Active

YOUNG, Jane Elizabeth→

director · ~61y · appointed 2005-04-22

View their other companies + combined net worth →

Active

DUNCAN, Calum Iain→

secretary · appointed 2005-04-22 · resigned 2011-05-19

Resigned

MACLEOD, John Robert→

secretary · appointed 2011-05-19 · resigned 2017-12-31

Resigned

DONALD, Ewan→

director · ~58y · appointed 2005-04-22 · resigned 2024-04-23

Resigned

DUNCAN, Calum Iain→

director · ~69y · appointed 2005-04-22 · resigned 2011-05-19

Resigned

LAW, Elizabeth Jean Marie→

director · ~62y · appointed 2010-01-01 · resigned 2021-03-31

Resigned

LILLEY, Sarah Ann→

director · ~43y · appointed 2018-07-01 · resigned 2020-07-03

Resigned

MACLEOD, John Robert→

director · ~70y · appointed 2005-04-22 · resigned 2017-12-31

Resigned

SIMPSON, Angela Theresa→

director · ~63y · appointed 2005-06-20 · resigned 2020-10-31

Resigned

STUART, Chris David Brown→

director · ~69y · appointed 2005-06-16 · resigned 2013-09-10

Resigned

WINDSOR, Sarah Rosalie→

director · ~42y · appointed 2018-07-01 · resigned 2020-12-31

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group The Royal Bank of Scotland PLC	A registered charge	—	17/07/2014	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (99 total)

accounts-with-accounts-type-total-exemption-full

accounts · AA

2026-03-23

confirmation-statement-with-updates

confirmation-statement · CS01

2025-04-30

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-03-26

capital-cancellation-shares

capital · SH06

2024-06-06

capital-return-purchase-own-shares

capital · SH03

2024-05-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-05-03

change-person-director-company-with-change-date

officers · CH01

2024-04-29

memorandum-articles

incorporation · MA

2024-04-29

resolution

resolution · RESOLUTIONS

2024-04-29

termination-director-company-with-name-termination-date

officers · TM01

2024-04-26

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2024-04-26

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-03-26

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-09-12

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-09-08

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-09-08