COUGHTRIE INTERNATIONAL LIMITED

🌳Matureactive

SC367466 · ltd · incorporated 2009-10-26

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

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 Dec 2024

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Wholesale of other machinery and equipment

Sector: Wholesale & retail

Investor take

Pursue

Active trading company with a 68-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 68). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

1 live charge · oldest 0.4y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Newest facility, 0.4 years old — likely still in initial term.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: high (82/100)

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

Company profile

address, 1 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 (2 active, 5 linked, 4 with DOB)

Ownership & PSC

1 active PSC(s) of 1 total, 1 with control declared

Director network

9 connected companies via shared directors

Filing history

50 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.

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 · FRS 102

Metric	2024-12-31	2023-12-31
Total assets	—	£220.4k
Current assets	—	£771.6k
Cash	—	£496.7k
Debtors	—	£167.4k
Net assets	—	£214.4k
Average employees	1400	—

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

Last 180 days

filings

• 1 confirmation-statement
• 1 mortgage

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-03-10
📄
mortgage-create-with-deed-with-charge-number-charge-creation-date
mortgage · MR01
2026-02-26
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2025-09-05
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-13
📄
termination-director-company-with-name-termination-date
officers · TM01
2024-09-25
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-31
➖
HAMILTON, Sheila resigned
director
2023-09-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-09-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-09-28
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-09-20
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-10-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2017-10-04
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2016-10-06
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-15
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2016-03-14
📄
change-person-director-company-with-change-date
officers · CH01
2015-10-03
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2013-02-06
➖
HAMILTON, Sheila resigned
secretary
2011-11-07
➖
KENNETT, Charles Jonathan resigned
director
2010-04-15
➕
KENNETT, Charles Jonathan appointed
director
2009-11-01
➕
MACKILLOP, Colin Hugh appointed
director
2009-10-26
🏢
Company incorporated
As COUGHTRIE INTERNATIONAL LIMITED
2009-10-26
➕
MITCHELL, Stephen appointed
director
2009-10-26
➕
HAMILTON, Sheila appointed
secretary
2009-10-26
➕
HAMILTON, Sheila 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 68 — succession pressure is live.

Succession & seller-readiness

79/100

Likely off-market candidate

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

SIGNALS

primaryFounder aged 63+: Senior director is approximately 68. Approaching typical UK retirement age — succession thinking likely.
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.)

Group structure

M2h Industries Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

M2h Industries Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

COUGHTRIE INTERNATIONAL LIMITED

This company · SC367466

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
M2h Industries Ltd Corporate entity	75–100%	75–100%	75-100% shares · 75-100% 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 · Wholesale & distribution · G postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
ALLIANCE SANITARY PRODUCTS LIMITED→ SC261393 · est 2004	£8.86M £6.65M–£11.08M	—	—	2900	22y	86	69y
FAILTE FOOD SERVICE LIMITED→ SC275128 · est 2004	£7.59M £5.69M–£9.48M	—	—	71	21y	85	66y
WESTSIDE DISTRIBUTION HOLDINGS LIMITED→ SC648056 · est 2019	£5.77M £4.33M–£7.21M	—	—	27	6y	84	67y
WESTSIDE DISTRIBUTION LIMITED→ SC365971 · est 2009	£5.77M £4.33M–£7.21M	—	—	27	16y	88	67y
WILLIAM MORTON LIMITED→ SC056257 · est 1974	£5.23M £3.93M–£6.54M	—	—	141	51y	85	74y
SOUTHEAST TRADERS LIMITED→ SC235763 · est 2002	£4.00M £3.00M–£5.01M	—	—	26	23y	88	67y
SCO-FRO GROUP LIMITED→ SC057644 · est 1975	£2.74M £2.06M–£3.43M	—	—	20	51y	95	72y
D MCNAIR (BUILDERS MERCHANTS) LIMITED→ SC089357 · est 1984	£2.35M £1.76M–£2.93M	—	—	69	41y	85	63y
EAGLE TUBE AND FLANGES LIMITED→ SC084811 · est 1983	£2.14M £1.60M–£2.67M	—	—	1400	42y	83	70y
LEESHUN CATERING SUPPLIES LTD→ SC346276 · est 2008	£811.1k £608.3k–£1.01M	—	—	13	17y	83	69y
ANDREW MCDICKEN LIMITED→ SC034095 · est 1959	—	—	£8.7k	—	67y	83	63y
ASTRA HYGIENE SUPPLIES LIMITED→ SC122088 · est 1989	—	—	£335.1k	—	36y	83	81y

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

Incorporated2009-10-26

Jurisdictionscotland

Primary SIC46690 — Wholesale of other machinery and equipment

Registered office

Montrose Avenue

Hillington Industrial Estate

Glasgow

G52 4LZ

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-12-31

Confirmation statement

Next due: 2027-03-26

Last: 2026-03-12

Officers (2 active · 3 resigned)

MACKILLOP, Colin Hugh→

director · ~64y · appointed 2009-11-01

View their other companies + combined net worth →

Active

MITCHELL, Stephen→

director · ~68y · appointed 2009-10-26

View their other companies + combined net worth →

Active

HAMILTON, Sheila→

secretary · appointed 2009-10-26 · resigned 2013-02-06

Resigned

HAMILTON, Sheila→

director · ~76y · appointed 2009-10-26 · resigned 2024-03-31

Resigned

KENNETT, Charles Jonathan→

director · ~79y · appointed 2010-04-15 · resigned 2011-11-07

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	outstanding	Lloyds Banking Group Bank of Scotland PLC	A registered charge	—	26/02/2026	—

Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (50 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-03-30

mortgage-create-with-deed-with-charge-number-charge-creation-date

mortgage · MR01

2026-03-10

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-09-05

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-03-13

termination-director-company-with-name-termination-date

officers · TM01

2024-11-13

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-09-25

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-03-12

accounts-with-accounts-type-total-exemption-full

accounts · AA

2023-09-27

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-03-13

accounts-with-accounts-type-total-exemption-full

accounts · AA

2022-09-26

confirmation-statement-with-updates

confirmation-statement · CS01

2022-03-14

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-09-28

confirmation-statement-with-updates

confirmation-statement · CS01

2021-03-29

accounts-with-accounts-type-total-exemption-full

accounts · AA

2021-01-14

confirmation-statement-with-updates

confirmation-statement · CS01

2020-04-27