MACKENZIE HARRIS LTD

🌳Matureactive

SC367635 · ltd · incorporated 2009-10-28

Investment thesis

Property vehicle with a workable charge structure — clean refinance potential.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Dependent on title and valuation due diligence; standard property risks.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 11.7y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2025

Net worth

—

book net assets

Opportunity

82/100

Exceptional

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What this business does

Primary activity: Other letting and operating of own or leased real estate

Sector: Real estate

Investor take

Pursue

Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 11.7y

85/100

ready

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

· Oldest live charge is 11.7 years old — likely at or near maturity.
· Single lender — cleanest path to refinance.
· Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (79/100)

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

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

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

1 connected companies via shared directors

Filing history

41 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	2025-10-31	2024-10-31
Average employees	0	0

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

🔒Filing-note intelligence

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

Last 30 days

filing

• 1 accounts

Last 90 days

filing

• 1 accounts

Last 180 days

filing

• 1 accounts

Counts from Companies House filing history.

Corporate timeline (22 events)Click to expand

2026-04-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-27
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-18
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-04-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-03-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-04-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-03-26
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-03-15
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2018-02-22
📄
mortgage-satisfy-charge-full
mortgage · MR04
2018-02-22
🔓
Charge satisfied #1
2018-02-20
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2018-02-20
📄
change-person-director-company-with-change-date
officers · CH01
2018-02-20
📄
change-person-director-company-with-change-date
officers · CH01
2018-02-20
📄
change-person-secretary-company-with-change-date
officers · CH03
2018-02-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-02-20
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2014-08-05
🔒
Charge registered #1
Lender: Bank of Scotland PLC
2009-10-28
🏢
Company incorporated
As MACKENZIE HARRIS LTD
2009-10-28
➕
RATTRAY, Shirley Irma appointed
secretary
2009-10-28
➕
RATTRAY, Michael Lewis Donald appointed
director
2009-10-28
➕
RATTRAY, Shirley Irma appointed
director

Owner dependency

91/100

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 16 years — deep operational knowledge concentrated in one person.
+Founder age: Director aged approximately 65 — succession pressure is live.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 65. 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 16 years.
secondaryStable-but-static management: Company is 16 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
Mrs Shirley Irma Rattray Individual · British · DOB 03/1962 · age 64	25–50%	—	25-50% shares	28/10/2016
Mr Michael Lewis Donald Rattray Individual · British · DOB 05/1961 · age 65	25–50%	—	25-50% shares	28/10/2016

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.

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Similar companies

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JBLETS&STAYS LTD→ SC818422 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
JR STORAGE LIMITED→ SC525859 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
LES-MONA INVESTMENTS LIMITED→ SC700131 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
LM PROPERTIES (SCOTLAND) LTD→ SC684764 · est 2020 · no financials extracted	—	—	—	—	5y	—	—
LOCHABER APARTMENTS LTD→ SC588660 · est 2018 · no financials extracted	—	—	—	—	8y	—	—
LOCHABERNOMORE LTD→ SC759773 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
LYON PROPERTY MANAGEMENT LTD→ SC833677 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
MACPHAIL PROPERTY SERVICES LTD→ SC538395 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
MACPHEE LETS LIMITED→ SC735300 · est 2022 · no financials extracted	—	—	—	—	3y	—	—
MAGNUS BERESFORD EASTER ROW LTD→ SC607085 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
MAKSONS ONE LTD→ SC528145 · est 2016 · no financials extracted	—	—	—	—	10y	—	—
MALLAIG BOATBUILDING AND ENGINEERING COMPANY LIMITED→ SC060116 · est 1976 · no financials extracted	—	—	—	—	49y	—	—

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

Incorporated2009-10-28

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Glendornie

Spey Bridge

Grantown-On-Spey

Moray

PH26 3NQ

Scotland

Filing status

Accounts

Next due: 2027-07-31

Last made up to: 2025-10-31

Confirmation statement

Next due: 2026-10-21

Last: 2025-10-07

Officers (3 active · 0 resigned)

RATTRAY, Shirley Irma→

secretary · appointed 2009-10-28

View their other companies + combined net worth →

Active

RATTRAY, Michael Lewis Donald→

director · ~65y · appointed 2009-10-28

View their other companies + combined net worth →

Active

RATTRAY, Shirley Irma→

director · ~64y · appointed 2009-10-28

View their other companies + combined net worth →

Active

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
	satisfied	Lloyds Banking Group Bank of Scotland PLC	A registered charge	—	05/08/2014	22/02/2018