MLM AGRI SERVICES LIMITED

🌳Matureactive
SC316807 · ltd · incorporated 2007-02-19
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.
Why now
Window steady · low confidence
Steady and tidy — no seller pressure yet. Approach only if an angle opens.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 19.2y old — refinance window within 12 months
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Feb 2025
Net worth
book net assets
Opportunity
75/100
Strong
🔔
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What this business does
Primary activity: SIC 45190
Sector: Wholesale & retail
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 75/100 (strong), bankability 75/100. Strong seller-intent signal (70/100, director aged 59). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Resolve: 1 insolvency-related filing on record. Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

5 live charges · 2 lenders · oldest 19.2y

70/100
ready

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

  • · Oldest live charge is 19.2 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (78/100)

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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
4 officers (3 active, 4 linked, 3 with DOB)
85
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
Network not yet resolved
30
Filing history
56 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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
85
Strong succession / seller-readiness signals.
Risk profile
59
Some moderate concerns — review 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£0£0£0£0£0Feb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-02-282024-02-29
Average employees111000

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (28 events)Click to expand
  1. 2025-11-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-11-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-11-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-11-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-07-05
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2019-07-05
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2019-07-01
    ⚠️
    legacy
    insolvency · CAP-SS
  11. 2019-07-01
    📄
    resolution
    resolution · RESOLUTIONS
  12. 2019-07-01
    📄
    capital-cancellation-shares
    capital · SH06
  13. 2019-07-01
    📄
    capital-return-purchase-own-shares
    capital · SH03
  14. 2019-05-28
    MACKAY, John Robert resigned
    director
  15. 2018-11-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2017-11-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2015-06-15
    🔒
    Charge registered #5
    Lender: The Royal Bank of Scotland PLC
  18. 2012-11-06
    🔓
    Charge satisfied #2
  19. 2012-05-10
    🔓
    Charge satisfied #1
  20. 2012-04-20
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  21. 2012-03-22
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  22. 2007-05-18
    🔒
    Charge registered #2
    Lender: Clydesdale Bank Public Limited Company
  23. 2007-03-28
    🔒
    Charge registered #1
    Lender: Clydesdale Bank Public Limited Company
  24. 2007-02-19
    🏢
    Company incorporated
    As MLM AGRI SERVICES LIMITED
  25. 2007-02-19
    MUIR, Alan David appointed
    secretary
  26. 2007-02-19
    LINKLATER, David Taylor appointed
    director
  27. 2007-02-19
    MUIR, Alan David appointed
    director
  28. 2007-02-19
    MACKAY, 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 19 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 59 — approaching natural succession window.

Succession & seller-readiness

69/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

1 high · 1 med ·
1 insolvency-related filing on record
high

Filings relating to insolvency, liquidation, or administration exist in the company's history. Review before proceeding.

Evidence: 2019-07-01: legacy

Charge satisfaction-then-recreation pattern
medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr David Taylor Linklater
Individual · British · DOB 05/1967 · age 59
2550%
25-50% shares06/04/2016
Mr Alan David Muir
Individual · British · DOB 05/1979 · age 47
2550%
25-50% shares06/04/2016
1 historic (ceased) PSC
  • Mr John Robert Mackayceased 28/05/2019· 25-50% shares

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

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
Incorporated2007-02-19
Jurisdictionscotland
Primary SIC45190 — SIC 45190

Registered office

Kirbister Garage
Orphir
Orkney
KW17 2RA

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-03-05
Last: 2026-02-19

Officers (3 active · 1 resigned)

MUIR, Alan David
secretary · appointed 2007-02-19
View their other companies + combined net worth →
Active
LINKLATER, David Taylor
director · ~59y · appointed 2007-02-19
View their other companies + combined net worth →
Active
MUIR, Alan David
director · ~47y · appointed 2007-02-19
View their other companies + combined net worth →
Active
MACKAY, John Robert
director · ~67y · appointed 2007-02-19 · resigned 2019-05-28
Resigned

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

Mortgages & charges

5
Total charges
3
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge1 property15/06/2015
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property20/04/2012
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Floating charge1 property22/03/2012
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Standard security1 property18/05/200706/11/2012
satisfied
Virgin Money
Clydesdale Bank Public Limited Company
Floating charge1 property28/03/200710/05/2012
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (56 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-11-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-19
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2020-02-20
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-11-29
termination-director-company-with-name-termination-date
officers · TM01
2019-07-05