M MACIVER (MINIBUSES) LIMITED

💤Zombieactive

SC296127 · ltd · incorporated 2006-01-25

Investment thesis

Zombie company — trading but stalled; unlikely mover.

Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.

Why risky: No growth signal; thin margin for error on price.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Nov 2024

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: SIC 49390

Sector: Transportation & storage

Investor take

Pursue

Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 66). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 20.2y

45/100

under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

· Oldest live charge is 20.2 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (79/100)

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

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

Directors & officers

2 officers (1 active, 2 linked, 1 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

50 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

82/100Exceptional

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.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-11-30	2023-11-30
Average employees	400	500

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 mortgage

Last 180 days

filings

• 1 mortgage
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (21 events)Click to expand

2026-03-17
📄
mortgage-satisfy-charge-full
mortgage · MR04
2026-03-17
🔓
Charge satisfied #1
2025-07-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-17
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-04-24
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-05-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-06-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-12-11
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2018-12-10
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-12-05
➖
NICOLSON SECRETARIAL SERVICES LTD resigned
corporate-secretary
2018-08-31
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-07-19
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-07-26
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-29
📄
change-corporate-secretary-company
officers · CH04
2016-01-14
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2006-03-28
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
2006-01-25
🏢
Company incorporated
As M MACIVER (MINIBUSES) LIMITED
2006-01-25
➕
MACIVER, Murdo Norman appointed
director
2006-01-25
➕
NICOLSON SECRETARIAL SERVICES LTD appointed
corporate-secretary

Owner dependency

100/100

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

+Sole director: Only one active director — all governance concentrated on one person.
+Founder name in company name: Company name contains director surname "MACIVER" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 20 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 66 — succession pressure is live.

Succession & seller-readiness

95/100

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 66. Approaching typical UK retirement age — succession thinking likely.
primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
primary20+ year tenure: Director in role 20 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 20 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 · dominant holder ≥75%

Name	Shares	Voting rights	Nature of control	Notified
Mr Murdo Norman Maciver Individual · British · DOB 11/1960 · age 66	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	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 · Transport & logistics · HS postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
MACLEOD GARAGES LTD→ SC309587 · est 2006	—	—	£92.1k	—	19y	82	75y
HEBRIDES HAULAGE LIMITED→ SC155933 · est 1995	—	—	£1.54M	—	31y	81	64y
GALSON-STORNOWAY MOTOR SERVICES LIMITED→ SC026537 · est 1948	—	—	£233.0k	—	77y	80	61y
HEBRIDEAN TRANSPORT LTD→ SC372807 · est 2010	—	—	£5.9k	—	16y	80	65y
MACKAY TRANSPORT LIMITED→ SC396413 · est 2011	—	—	—	—	15y	80	58y
247 TAXIS AND COURIERS LTD→ SC484974 · est 2014	—	—	£12.1k	—	11y	79	63y
D A TRAVEL LTD→ SC298530 · est 2006	—	—	£1.09M	—	20y	78	47y
LOCHS MOTOR TRANSPORT LIMITED→ SC025065 · est 1947	—	—	£1.95M	—	79y	78	51y
D R MACLEOD (HAULAGE) LIMITED→ SC224918 · est 2001	—	—	£247.9k	—	24y	77	71y
INSTOW LINE MARINE SERVICES LIMITED→ SC587443 · est 2018	—	—	£33.9k	—	8y	77	59y
CLM TRANSPORT (STORNOWAY) LTD→ SC831315 · est 2024 · no financials extracted	—	—	—	—	1y	76	60y
LADY ANNE WILDLIFE CRUISES LIMITED→ SC802015 · est 2024	—	—	£25.7k	—	2y	76	77y

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

🔒Tailored diligence questions

8 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

Incorporated2006-01-25

Jurisdictionscotland

Primary SIC49390 — SIC 49390

Registered office

Gordale

Knock

Carloway

Isle Of Lewis

HS2 9AU

Filing status

Accounts

Next due: 2026-08-31

Last made up to: 2024-11-30

Confirmation statement

Next due: 2027-01-21

Last: 2026-01-07

Officers (1 active · 1 resigned)

MACIVER, Murdo Norman→

director · ~66y · appointed 2006-01-25

View their other companies + combined net worth →

Active

NICOLSON SECRETARIAL SERVICES LTD→

corporate-secretary · appointed 2006-01-25 · resigned 2018-12-05

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
	satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	28/03/2006	17/03/2026

Recent filings (50 total)

mortgage-satisfy-charge-full

mortgage · MR04

2026-03-17

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-01-07