MATERIAL COMMUNICATIONS GROUP LIMITED
🌳Matureactive
SC370402 · ltd · incorporated 2009-12-21
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
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 12.6y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jun 2025
Net worth
£6.3k
book net assets
Opportunity
83/100
Exceptional
What this business does
Primary activity: Other professional, scientific and technical activities n.e.c.
Sector: Professional, scientific & technical
Investor take
PursueAsset-holding vehicle with a 60-year-old founder — textbook succession opportunity.
Opportunity 83/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 60). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
1 live charge · oldest 12.6y
85/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 12.6 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: high (81/100)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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
11 officers (2 active, 11 linked, 5 with DOB)
79
Ownership & PSC
2 active PSC(s) of 3 total, 3 with control declared
90
Director network
11 connected companies via shared directors
78
Filing history
86 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
83/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
85
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £6,288
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£6k
Current Assets
£49k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-06-30 | 2024-06-30 |
|---|---|---|
| Total assets | £6.3k | — |
| Current assets | £48.7k | — |
| Net assets | £6.3k | — |
| Average employees | — | 200 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
2
filings
- • 1 gazette
- • 1 dissolution
Last 90 days
3
filings
- • 1 gazette
- • 1 dissolution
- • 1 accounts
Last 180 days
4
filings
- • 1 gazette
- • 1 dissolution
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (43 events)Click to expand
- 2026-05-19📄gazette-notice-voluntarygazette · GAZ1(A)
- 2026-05-08📄dissolution-application-strike-off-companydissolution · DS01
- 2026-03-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-08-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2025-08-08📄termination-secretary-company-with-name-termination-dateofficers · TM02
- 2025-06-30➖GILLESPIE, Jane Ann resignedsecretary
- 2025-03-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-11-29📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2024-02-14📄appoint-person-secretary-company-with-name-dateofficers · AP03
- 2024-02-01➕GILLESPIE, Jane Ann appointedsecretary
- 2023-09-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-07-27📄change-account-reference-date-company-previous-extendedaccounts · AA01
- 2023-07-06📄change-person-director-company-with-change-dateofficers · CH01
- 2023-07-06📄appoint-person-director-company-with-name-dateofficers · AP01
- 2023-07-01➕MENNEER, Scott Norie appointeddirector
- 2023-02-28📄memorandum-articlesincorporation · MA
- 2023-02-28📄resolutionresolution · RESOLUTIONS
- 2022-06-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-12-22📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-12-22📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-12-22📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-12-21📄second-filing-of-confirmation-statement-with-made-up-dateconfirmation-statement · RP04CS01
- 2021-09-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-12-17➖MILLER, Sera resigneddirector
- 2018-12-11➖MENNEER, Scott Norrie resignedsecretary
- 2017-07-01➕MENNEER, Scott Norrie appointedsecretary
- 2017-06-30➖DUNCAN, Karen resignedsecretary
- 2017-01-01➖MENNEER, Scott Norie resigneddirector
- 2016-08-16🔓Charge satisfied #1
- 2016-01-01➕DUNCAN, Karen appointedsecretary
- 2016-01-01➖REID GOULDING LIMITED resignedcorporate-secretary
- 2013-12-16➕MENNEER, Scott Norie appointeddirector
- 2013-09-30🔒Charge registered #1Lender: The Royal Bank of Scotland PLC
- 2013-09-26➖SPENCE, Colin resignedsecretary
- 2013-09-26➕REID GOULDING LIMITED appointedcorporate-secretary
- 2010-04-30➕SPENCE, Colin Richard appointeddirector
- 2010-04-30➕SPENCE, Colin appointedsecretary
- 2010-04-30➖BARR, Alan Lamont resigneddirector
- 2010-04-30➕MILLER, Sera appointeddirector
- 2010-04-30➖LYCIDAS NOMINEES LIMITED resignedcorporate-director
- 2009-12-21🏢Company incorporatedAs MATERIAL COMMUNICATIONS GROUP LIMITED
- 2009-12-21➕BARR, Alan Lamont appointeddirector
- 2009-12-21➕LYCIDAS NOMINEES LIMITED appointedcorporate-director
Owner dependency
76/100
High — earn-out structure requiredMaterial 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 16 years — deep operational knowledge concentrated in one person.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 16 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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 Scott Norie Menneer Individual · British · DOB 12/1966 · age 60 | 25–50% | — | 25-50% shares | 29/01/2021 |
Mr Colin Richard Spence Individual · British · DOB 03/1969 · age 57 | 25–50% | — | 25-50% shares | 06/04/2016 |
1 historic (ceased) PSC
- Mrs Sera Millerceased 17/12/2018· 25-50% shares
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 · Professional services · FK postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| J.P. RENTALS LIMITED→ SC215548 · est 2001 | £3.56M £2.63M–£4.50M | — | — | 31 | 25y | 83 | 75y |
| JARVIE PLANT LIMITED→ SC313751 · est 2006 | £2.47M £1.82M–£3.12M | — | — | 154 | 19y | 84 | 75y |
| CONTRACT SCOTLAND LIMITED→ SC190122 · est 1998 | £2.22M £1.64M–£2.81M | — | — | 60 | 27y | 83 | 49y |
| STERLING TRUCKS LIMITED→ SC197651 · est 1999 | £1.73M £1.28M–£2.19M | £2.25M | — | 500 | 26y | 83 | 64y |
| BARCLAY DOUGALL (HOLDINGS) LIMITED→ SC182243 · est 1998 | £893.5k £658.3k–£1.13M | — | — | 119 | 28y | 82 | 59y |
| E & O DIAGNOSTICS LIMITED→ SC216473 · est 2001 | — | — | £13.3k | — | 25y | 83 | 69y |
| MTM DEFENCE LAWYERS LIMITED→ SC337728 · est 2008 | — | — | £22.0k | — | 18y | 83 | 62y |
| CENTRAL GROUP HOLDINGS LIMITED→ SC205983 · est 2000 | — | — | £75.0k | — | 26y | 82 | 59y |
| FBD CONSULTANCY, ACCOUNTS & TAX LTD→ SC309527 · est 2006 | — | — | — | — | 19y | 82 | 65y |
| INCINALYSIS LIMITED→ SC185561 · est 1998 | — | — | — | 100 | 28y | 82 | 75y |
| JAMES BAIN & CO. LTD.→ SC202110 · est 1999 | — | — | £139.7k | — | 26y | 82 | 67y |
| KEY FACILITIES MANAGEMENT LTD.→ SC218355 · est 2001 | — | — | — | 2 | 25y | 82 | 73y |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2009-12-21
Jurisdictionscotland
Primary SIC74909 — Other professional, scientific and technical activities n.e.c.
Registered office
1 Kirk Street
Dunblane
FK15 0AL
Scotland
Filing status
Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-12-28
Last: 2025-12-14
Officers (2 active · 9 resigned)
MENNEER, Scott Norie→
Activedirector · ~60y · appointed 2023-07-01
View their other companies + combined net worth →
SPENCE, Colin Richard→
Activedirector · ~57y · appointed 2010-04-30
View their other companies + combined net worth →
DUNCAN, Karen→
Resignedsecretary · appointed 2016-01-01 · resigned 2017-06-30
GILLESPIE, Jane Ann→
Resignedsecretary · appointed 2024-02-01 · resigned 2025-06-30
MENNEER, Scott Norrie→
Resignedsecretary · appointed 2017-07-01 · resigned 2018-12-11
SPENCE, Colin→
Resignedsecretary · appointed 2010-04-30 · resigned 2013-09-26
REID GOULDING LIMITED→
Resignedcorporate-secretary · appointed 2013-09-26 · resigned 2016-01-01
BARR, Alan Lamont→
Resigneddirector · ~66y · appointed 2009-12-21 · resigned 2010-04-30
MENNEER, Scott Norie→
Resigneddirector · ~60y · appointed 2013-12-16 · resigned 2017-01-01
MILLER, Sera→
Resigneddirector · ~49y · appointed 2010-04-30 · resigned 2018-12-17
LYCIDAS NOMINEES LIMITED→
Resignedcorporate-director · appointed 2009-12-21 · resigned 2010-04-30
Click a director name to see their full track record across all companies.
Mortgages & charges
1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group The Royal Bank of Scotland PLC | A registered charge | 1 property | 30/09/2013 | 16/08/2016 |
Recent filings (86 total)
gazette-notice-voluntary
gazette · GAZ1(A)
2026-05-19
dissolution-application-strike-off-company
dissolution · DS01
2026-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2026-03-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-08-20
termination-secretary-company-with-name-termination-date
officers · TM02
2025-08-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-03-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-12-17
second-filing-of-confirmation-statement-with-made-up-date
confirmation-statement · RP04CS01
2024-11-29
appoint-person-secretary-company-with-name-date
officers · AP03
2024-02-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-09-07
change-account-reference-date-company-previous-extended
accounts · AA01
2023-07-27
change-person-director-company-with-change-date
officers · CH01
2023-07-06
appoint-person-director-company-with-name-date
officers · AP01
2023-07-06