MCDADE PROMOTIONAL & WORKWEAR LIMITED
💤Zombieactive
SC371981 · ltd · incorporated 2010-01-28
Investment thesis
Zombie company — trading but stalled; unlikely mover.
Why interesting: Quiet, steady; could be a succession or carve-out candidate with the right conversation.
Why risky: No growth signal; thin margin for error on price.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
£63.0k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 14120
Sector: Manufacturing
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Broaden director team. Sole director creates succession risk and reduces buyer comfort. Appoint a second director or strong #2. Most likely exit: share sale to pe / searcher (73/100).
Data confidence
Overall: medium (76/100)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
75
Lenders & charges
Confirmed no charges registered
85
Directors & officers
6 officers (2 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
48 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £63,016
Cash YoY
-17%
Year on year
Key financials
2 years extracted from filed iXBRL accountsCash
£49k
↓ 17% YoY
Net Worth
£63k
↑ 9.2% YoY
Current Assets
£69k
↓ 3.8% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-01-31 | 2024-01-31 |
|---|---|---|
| Total assets | £73.0k | £75.5k |
| Current assets | £68.7k | £71.5k |
| Cash | £49.4k | £59.5k |
| Debtors | £19.3k | £12.0k |
| Net assets | £63.0k | £57.7k |
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
0
filings
Last 90 days
0
filings
Last 180 days
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2025-10-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-10-21📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-10-18📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-01-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-25📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-10-04📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2020-12-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-02-20📄change-person-secretary-company-with-change-dateofficers · CH03
- 2020-02-20📄appoint-person-director-company-with-name-dateofficers · AP01
- 2020-02-20📄cessation-of-a-person-with-significant-controlpersons-with-significant-control · PSC07
- 2020-02-20📄notification-of-a-person-with-significant-controlpersons-with-significant-control · PSC01
- 2020-02-20📄termination-director-company-with-name-termination-dateofficers · TM01
- 2020-02-19➕MCDADE, David appointeddirector
- 2020-02-19➖AITKEN, Kirsteen resigneddirector
- 2019-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-09-25📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-10-31📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2011-06-09➕AITKEN, Kirsteen appointeddirector
- 2011-06-09➖MCDADE, David resigneddirector
- 2010-01-28🏢Company incorporatedAs MCDADE PROMOTIONAL & WORKWEAR LIMITED
- 2010-01-28➕MCDADE, David appointedsecretary
- 2010-01-28➕BRIAN REID LTD. appointedcorporate-secretary
- 2010-01-28➖BRIAN REID LTD. resignedcorporate-secretary
- 2010-01-28➕MABBOTT, Stephen George appointeddirector
- 2010-01-28➖MABBOTT, Stephen George resigneddirector
- 2010-01-28➕MCDADE, David appointeddirector
Owner dependency
98/100
Critical — business is the founderThe business appears inseparable from the founder. Acquisition without a serious earn-out or meaningful transition period would likely destroy value.
FACTORS
- +Sole director: Only one active director — all governance concentrated on one person.
- +Founder name in company name: Company name contains director surname "MCDADE" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 59 — approaching natural succession window.
Succession & seller-readiness
65/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 59. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondaryStable-but-static management: Company is 16 years old and no new directors in the last 3 years — succession not yet being planned internally.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr David Mcdade Individual · British · DOB 06/1967 · age 59 | 75–100% | — | 75-100% shares | 19/02/2020 |
1 historic (ceased) PSC
- Mr Kirsteen Aitkenceased 19/02/2020· 75-100% shares
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · G postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| LMB ENTERPRISES LIMITED→ SC488813 · est 2014 · no financials extracted | — | — | — | — | 11y | — | — |
| LOGO PRINTED BLINDS LTD→ SC383555 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| MACKAY & INGLIS LIMITED→ SC060615 · est 1976 · no financials extracted | — | — | — | — | 49y | — | — |
| MACNEIL TRAINING AND DEVELOPMENTS LIMITED→ SC111718 · est 1988 · no financials extracted | — | — | — | — | 37y | — | — |
| MAGNO-FLO LIMITED→ SC144848 · est 1993 · no financials extracted | — | — | — | — | 32y | — | — |
| MARINE ELECTRICAL INSTALLATIONS LIMITED→ SC226588 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| MARLBOROUGH GRANITE LIMITED→ SC387965 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| MARPET FABRICATIONS (1997) LTD.→ SC172812 · est 1997 · no financials extracted | — | — | — | — | 29y | — | — |
| MARTEC ENGINEERING GROUP LIMITED→ SC165315 · est 1996 · no financials extracted | — | — | — | — | 29y | — | — |
| MATCH PLAY SNOOKER LIMITED→ SC865651 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| MCCOLL MASONRY LTD→ SC705747 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| MCDONALD MEMORIALS LIMITED→ SC607742 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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
Incorporated2010-01-28
Jurisdictionscotland
Primary SIC14120 — SIC 14120
Registered office
8 Rogart Street
Glasgow
G40 2AA
Scotland
Filing status
Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-11-18
Last: 2025-11-04
Officers (2 active · 4 resigned)
Active
MCDADE, David→
Activedirector · ~59y · appointed 2020-02-19
View their other companies + combined net worth →
BRIAN REID LTD.→
Resignedcorporate-secretary · appointed 2010-01-28 · resigned 2010-01-28
AITKEN, Kirsteen→
Resigneddirector · ~54y · appointed 2011-06-09 · resigned 2020-02-19
MABBOTT, Stephen George→
Resigneddirector · ~76y · appointed 2010-01-28 · resigned 2010-01-28
MCDADE, David→
Resigneddirector · ~59y · appointed 2010-01-28 · resigned 2011-06-09
Click a director name to see their full track record across all companies.
Recent filings (48 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-10-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-12-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-31
confirmation-statement-with-updates
confirmation-statement · CS01
2022-11-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2021-10-04
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-29
change-person-secretary-company-with-change-date
officers · CH03
2020-02-20
confirmation-statement-with-updates
confirmation-statement · CS01
2020-02-20