MECFAB LIMITED

💤Zombieactive
SC312898 · ltd · incorporated 2006-12-01
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 Dec 2025
Net worth
—
book net assets
Opportunity
75/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Manufacture of metal structures and parts of structures
Sector: Manufacturing
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 75/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. 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 (58/100).

🏦

Refinance opportunity

2 live charges · 2 lenders · oldest 19.1y

30/100
under pressure

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

  • · Oldest live charge is 19.1 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
67 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
75/100Strong
PassWatchWorth a lookStrongExceptional 

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
55
Some acquirability indicators.
Risk profile
85
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
—
£0£16k£32k£48k£64k£80kDec 2024Dec 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-12-312024-12-31
Total assets—£98.7k
Current assets—£64.1k
Cash—£61.1k
Debtors—£2.0k
Net assets—£79.5k
Average employees1—

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
1
filing
  • • 1 accounts
Last 90 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 accounts
  • • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (30 events)Click to expand
  1. 2026-05-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-22
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2025-01-20
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  4. 2024-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2024-02-06
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2024-02-06
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  7. 2023-05-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2022-05-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2021-07-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2020-08-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2019-07-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2019-05-03
    ➖
    MACCORQUODALE, Lorna resigned
    director
  13. 2019-05-03
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  14. 2019-01-15
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  15. 2019-01-02
    ➕
    MACCORQUODALE, Lorna appointed
    director
  16. 2018-09-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2017-07-25
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  18. 2017-07-24
    ➖
    MACCORQUODALE, Carol Macbeth resigned
    secretary
  19. 2017-07-24
    ➖
    MACCORQUODALE, Lorna Carol resigned
    director
  20. 2014-04-30
    ➕
    BIRNIE, Paul appointed
    director
  21. 2012-01-17
    🔓
    Charge satisfied #1
  22. 2009-01-26
    🔒
    Charge registered #2
    Lender: Clydesdale Bank PLC
  23. 2007-03-26
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  24. 2006-12-01
    🏢
    Company incorporated
    As MECFAB LIMITED
  25. 2006-12-01
    ➕
    MACCORQUODALE, Carol Macbeth appointed
    secretary
  26. 2006-12-01
    ➕
    BRIAN REID LTD. appointed
    corporate-nominee-secretary
  27. 2006-12-01
    ➖
    BRIAN REID LTD. resigned
    corporate-nominee-secretary
  28. 2006-12-01
    ➕
    MACCORQUODALE, Lorna Carol appointed
    director
  29. 2006-12-01
    ➕
    STEPHEN MABBOTT LTD. appointed
    corporate-nominee-director
  30. 2006-12-01
    ➖
    STEPHEN MABBOTT LTD. resigned
    corporate-nominee-director

Owner dependency

75/100
High — earn-out structure required

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

FACTORS
  • +Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

68/100
Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondary12+ year tenure: Director in role 12 years.
  • secondaryStable-but-static management: Company is 19 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%
NameSharesVoting rightsNature of controlNotified
Mr Paul Birnie
Individual · British · DOB 07/1969 · age 57
75–100%
75–100%board control75-100% shares · 75-100% voting · board control01/12/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · PA postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LOCHVIEW PHARM LTD.→
SC372375 · est 2010 · no financials extracted
————16y——
MAXWELL JOINERY SERVICES LTD→
SC696826 · est 2021 · no financials extracted
————4y——
MCLAREN PACKAGING LIMITED→
SC769176 · est 2023 · no financials extracted
————2y——
MCLUCKIE ENGINEERING LIMITED→
SC040772 · est 1964 · no financials extracted
————61y——
MCNAUGHT 1888 LTD→
SC744467 · est 2022 · no financials extracted
————3y——
MOORFIELD POWER AND GENERATION LIMITED→
SC329994 · est 2007 · no financials extracted
————18y——
MORO NLEYO LTD→
SC853951 · est 2025 · no financials extracted
———————
MORRISON & MACDONALD (HOLDINGS) LIMITED→
SC063505 · est 1977 · no financials extracted
————48y——
MP GREEN ENERGY SOLUTIONS LTD→
SC746109 · est 2022 · no financials extracted
————3y——
MPJ E&I LIMITED→
SC654988 · est 2020 · no financials extracted
————6y——
MPS COMMERCIAL REPAIR LTD→
SC839546 · est 2025 · no financials extracted
————1y——
MR ASSOCIATES (GB) LIMITED→
SC376014 · est 2010 · no financials extracted
————16y——
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
Incorporated2006-12-01
Jurisdictionscotland
Primary SIC25110 — Manufacture of metal structures and parts of structures

Registered office

14 Crannog Lane
Oban
Argyll
PA34 4HB

Filing status

Accounts
Next due: 2027-09-30
Last made up to: 2025-12-31
Confirmation statement
Next due: 2027-02-03
Last: 2026-01-20

Officers (1 active · 5 resigned)

BIRNIE, Paul→
director · ~57y · appointed 2014-04-30
View their other companies + combined net worth →
Active
MACCORQUODALE, Carol Macbeth→
secretary · appointed 2006-12-01 · resigned 2017-07-24
Resigned
BRIAN REID LTD.→
corporate-nominee-secretary · appointed 2006-12-01 · resigned 2006-12-01
Resigned
MACCORQUODALE, Lorna→
director · ~55y · appointed 2019-01-02 · resigned 2019-05-03
Resigned
MACCORQUODALE, Lorna Carol→
director · ~55y · appointed 2006-12-01 · resigned 2017-07-24
Resigned
STEPHEN MABBOTT LTD.→
corporate-nominee-director · appointed 2006-12-01 · resigned 2006-12-01
Resigned

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

Mortgages & charges

2
Total charges
1
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Virgin Money
Clydesdale Bank PLC
Floating charge1 property26/01/2009—
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property26/03/200717/01/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (67 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-05-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-22
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-01-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-07
change-person-director-company-with-change-date
officers · CH01
2024-02-06
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-04-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-07