MAF PHARMA LIMITED

🌳Matureactive

SC361174 · ltd · incorporated 2009-06-12

Investment thesis

Established operating company — standard diligence applies, no dominant angle.

Why interesting: Live, filing, normal profile.

Why risky: No standout signals in either direction.

🔒Estimated value

—

Upgrade to see

Turnover

—

year to May 2025

Net worth

—

book net assets

Opportunity

80/100

Exceptional

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What this business does

Primary activity: SIC 46460

Sector: Wholesale & retail

ALSO REGISTERED FOR

82110Combined office administrative service activities

Investor take

Pursue

Active trading company with a 77-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 77). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

Data confidence

Overall: high (80/100)

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

Confirmed no charges registered

Directors & officers

3 officers (3 active, 3 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

8 connected companies via shared directors

Filing history

44 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

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

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	2025-05-31	2024-05-31
Average employees	500	600

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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

Last 30 days

filings

Last 90 days

filings

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (20 events)Click to expand

2025-11-11
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-02-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-11-29
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-11-06
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-06-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2017-06-27
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2016-10-24
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-06-22
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-11-29
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-06-18
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-06-18
📄
change-person-director-company-with-change-date
officers · CH01
2009-06-12
🏢
Company incorporated
As MAF PHARMA LIMITED
2009-06-12
➕
HEDLEY, Mark Anthony appointed
secretary
2009-06-12
➕
GOURLAY, Frederick Thomas appointed
director
2009-06-12
➕
HEDLEY, Mark Anthony appointed
director

Owner dependency

83/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Long-tenure founder: Senior director has been in place 17 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 77 — succession pressure is live.

Succession & seller-readiness

89/100

Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS

primaryFounder aged 70+: Senior director is approximately 77 years old. Natural succession window is now.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
secondary12+ year tenure: Director in role 17 years.
secondaryStable-but-static management: Company is 17 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

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Frederick Thomas Gourlay Individual · British · DOB 08/1949 · age 77	—	—	sig. influencesignificant influence	06/04/2016
Mr Mark Anthony Hedley Individual · British · DOB 12/1968 · age 58	—	—	sig. influencesignificant influence	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 · Wholesale & distribution · KY postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
HOGGS OF FIFE LIMITED→ SC015281 · est 1928	£5.67M £4.25M–£7.08M	£11.43M	—	5200	97y	88	65y
CHRYSTAL PETROLEUM COMPANY LIMITED→ SC058359 · est 1975	£3.65M £2.74M–£4.56M	—	—	26	50y	84	62y
ROSE MARKETING UK LIMITED→ SC317936 · est 2007	£2.30M £1.73M–£2.88M	£25.92M	—	2900	19y	88	59y
POPLAR BUILDING & DRAINAGE SUPPLIES LTD→ SC367284 · est 2009	—	—	—	26	16y	85	62y
HOME IMPROVEMENTS (ST ANDREWS) LIMITED→ SC371100 · est 2010	—	—	—	1200	16y	83	68y
NATURECOCO UK LIMITED→ SC884287 · est 2026 · no financials extracted	—	—	—	—	—	—	—
S.I.I.S. LIMITED→ SC263726 · est 2004 · no financials extracted	—	—	—	—	22y	—	—
SALTIRE SECURITY PRODUCTS LIMITED→ SC200505 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
TEMPO TRADES LTD→ SC850656 · est 2025 · no financials extracted	—	—	—	—	—	—	—
TEXTILE CARE SUPPLIES (HOLDINGS) LIMITED→ SC548050 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
TEXTILE CARE SUPPLIES LTD.→ SC200043 · est 1999 · no financials extracted	—	—	—	—	26y	—	—
THE CRESS COMPANY (SCOTLAND) LIMITED→ SC313126 · est 2006 · no financials extracted	—	—	—	—	19y	—	—

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.

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Company details

Statusactive

Typeltd

Incorporated2009-06-12

Jurisdictionscotland

Primary SIC46460 — SIC 46460

Registered office

31 Townsend Place

Kirkcaldy

Fife

KY1 1HB

Filing status

Accounts

Next due: 2027-02-28

Last made up to: 2025-05-31

Confirmation statement

Next due: 2026-06-26

Last: 2025-06-12

Officers (3 active · 0 resigned)

HEDLEY, Mark Anthony→

secretary · appointed 2009-06-12

View their other companies + combined net worth →

Active

GOURLAY, Frederick Thomas→

director · ~77y · appointed 2009-06-12

View their other companies + combined net worth →

Active

HEDLEY, Mark Anthony→

director · ~58y · appointed 2009-06-12

View their other companies + combined net worth →

Active

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