MAQ (AIR CONDITIONING) LIMITED
Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 70). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -40% YoY — forensic review of receivables, stock turns, and creditor days. Most likely exit: share sale to pe / searcher (65/100).
Refinance opportunity
1 live charge · oldest 18.2y
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 18.2 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Cashflow trend is negative — lender view likely cautious.
Data confidence
Overall: medium (79/100)Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredKey financials
2 years extracted from filed iXBRL accountsHover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2026-01-31 | 2025-01-31 |
|---|---|---|
| Total assets | £326.9k | £281.1k |
| Current assets | £620.0k | £397.8k |
| Cash | £143.7k | £239.0k |
| Debtors | £471.5k | £155.7k |
| Net assets | £307.9k | £241.4k |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
2 signals 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
- • 1 accounts
- • 1 accounts
- • 1 accounts
- • 1 confirmation-statement
Corporate timeline (24 events)Click to expand
- 2026-04-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2025-10-06📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC02
- 2025-10-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-10-06📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2025-09-19📄mortgage-satisfy-charge-fullmortgage · MR04
- 2025-09-19🔓Charge satisfied #1
- 2025-03-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2024-05-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-05-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2022-04-29📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-04-09📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2021-03-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2021-02-26➕WOS, Przemyslaw Mateusz appointeddirector
- 2020-12-18📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-12-18📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-06-19📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-03-26📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-05-24📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2017-08-01➕MACMILLAN, Laura appointeddirector
- 2017-08-01➕MORRISON, Jacqueline appointeddirector
- 2008-03-17🔒Charge registered #1Lender: Royal Bank of Scotland PLC
- 2007-01-17🏢Company incorporatedAs MAQ (AIR CONDITIONING) LIMITED
- 2007-01-17➕MORRISON, Jacqueline appointedsecretary
- 2007-01-17➕MORRISON, William appointeddirector
Owner dependency
Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
- -4 active directors: Broader management team in place — suggests transferable governance.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 70 — succession pressure is live.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
Succession & seller-readiness
Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
- primaryFounder aged 70+: Senior director is approximately 70 years old. Natural succession window is now.
- secondary12+ year tenure: Director in role 19 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
cleanGroup structure
Maq (Air Conditioning) Holding Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.
Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).
Shareholders & ownership
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Maq (Air Conditioning) Holding Limited Corporate entity | 75–100% | — | 75-100% shares | 30/09/2025 |
2 historic (ceased) PSCs
- Mr William Morrisonceased 30/09/2025· 50-75% shares
- Mrs Jacqueline Morrisonceased 30/09/2025· 25-50% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Radial SVG graph showing every company connected via shared directors, colour-coded by status.
Available from the Pro tier upwards.
See pricing →Similar companies
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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 →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
Registered office
Filing status
Officers (5 active · 0 resigned)
Click a director name to see their full track record across all companies.
Mortgages & charges
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Royal Bank of Scotland PLC | Bond & floating charge | 1 property | 17/03/2008 | 19/09/2025 |