MATHER DAIRY UTENSILS COMPANY LIMITED

🌳Matureactive

SC317396 · ltd · incorporated 2007-02-27

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£2.61M

book net assets

Opportunity

82/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 33190

Sector: Manufacturing

ALSO REGISTERED FOR

47789Other retail sale of new goods in specialised stores (other than commercial art galleries and opticians)

Investor take

Pursue

Asset-holding vehicle with a 69-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (63/100, director aged 69). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Cash flow review and working-capital discipline. Cash down -41% 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 12.1y

45/100

under pressure

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

· Oldest live charge is 12.1 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (83/100)

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

Company profile

address, 2 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

5 officers (5 active, 5 linked, 4 with DOB)

Ownership & PSC

3 active PSC(s) of 3 total, 3 with control declared

Director network

14 connected companies via shared directors

Filing history

61 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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £2,611,844

Net assets shrinking

Down £109,436 YoY

Cash draining

Cash down 41% YoY

Cash YoY

-41%

Year on year

Key financials

2 years extracted from filed iXBRL accounts

Cash

£338k

↓ 41% YoY

Net Worth

£2.6m

↓ 4.0% YoY

Current Assets

£3.7m

↑ 8.6% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£2.81M	£2.82M
Current assets	£3.69M	£3.40M
Cash	£338.1k	£569.5k
Debtors	£2.67M	£2.48M
Net assets	£2.61M	£2.72M

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

filings

• 1 persons-with-significant-control
• 1 confirmation-statement

Last 180 days

filings

• 1 persons-with-significant-control
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (26 events)Click to expand

2026-03-13
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-10-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-28
📄
resolution
resolution · RESOLUTIONS
2025-03-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-03-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-02-26
📄
memorandum-articles
incorporation · MA
2025-02-26
📄
resolution
resolution · RESOLUTIONS
2025-02-20
📄
memorandum-articles
incorporation · MA
2024-08-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-11-17
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-11-08
📄
mortgage-satisfy-charge-full
mortgage · MR04
2022-11-08
🔓
Charge satisfied #1
2021-11-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2021-02-27
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2020-12-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-01-07
📄
accounts-amended-with-accounts-type-total-exemption-full
accounts · AAMD
2019-12-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-17
➕
MATHER, Alistair John appointed
director
2017-10-17
➕
MATHER, David Robert appointed
director
2014-03-20
🔒
Charge registered #1
Lender: Barclays Bank PLC
2007-02-27
🏢
Company incorporated
As MATHER DAIRY UTENSILS COMPANY LIMITED
2007-02-27
➕
MATHER, Christopher Ian appointed
secretary
2007-02-27
➕
MATHER, Christopher Ian appointed
director
2007-02-27
➕
MATHER, Marion Jane Affleck appointed
director

Owner dependency

88/100

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

-4 active directors: Broader management team in place — suggests transferable governance.
+Founder name in company name: Company name contains director surname "MATHER" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 69 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

73/100

Strong succession signal

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 69. Approaching typical UK retirement age — succession thinking likely.
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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

3 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mrs Marion Jane Affleck Mather Individual · British · DOB 10/1957 · age 69	25–50%	25–50%	25-50% shares · 25-50% voting	26/03/2025
Mr David Robert Mather Individual · British · DOB 05/1988 · age 38	25–50%	25–50%	25-50% shares · 25-50% voting	19/10/2020
Mr Christopher Ian Mather Individual · British · DOB 06/1960 · age 66	25–50%	25–50%	25-50% shares · 25-50% voting	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 · Manufacturing · DG postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
EWART ENGINEERING LIMITED→ SC049122 · est 1971	£1.94M £1.51M–£2.37M	£8.54M	—	7900	54y	87	62y
COCHRAN SERVICES LTD→ SC379462 · est 2010 · no financials extracted	—	—	—	—	15y	83	70y
H & I ENGINEERING LIMITED→ SC053292 · est 1973	—	—	—	2900	52y	83	81y
HODDAM CONTRACTING COMPANY LIMITED→ SC033012 · est 1958	—	—	—	48	68y	83	60y
JAMES GORDON LIMITED→ SC293893 · est 2005	—	—	£7.20M	—	20y	83	76y
A & G KING TIMBER LIMITED→ SC198132 · est 1999	—	—	£7.80M	—	26y	82	84y
CASTLE TECHNOLOGIES (STRANRAER) LIMITED→ SC377099 · est 2010	—	—	—	12	16y	82	58y
DAVID REID LIMITED→ SC292994 · est 2005	—	—	£11.1k	—	20y	82	67y
ESK VALLEY KNITWEAR CO.LIMITED→ SC059934 · est 1976	—	—	—	25	50y	82	58y
EUROPEAN FOREST MACHINERY LIMITED→ SC206862 · est 2000	—	—	—	0	25y	82	68y
J D ENGINEERING (SCOTLAND) LIMITED→ SC204802 · est 2000	—	—	—	1900	26y	82	72y
JAMES KINGAN AND SONS LIMITED→ SC024140 · est 1946	—	—	£3.88M	—	79y	82	66y

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

Incorporated2007-02-27

Jurisdictionscotland

Primary SIC33190 — SIC 33190

Registered office

13 Greystone Crescent

Dumfries

Dumfriesshire

DG1 1PG

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-13

Last: 2026-02-27