MAIR MATHESON SOLICITORS LTD

💤Zombieactive

SC378930 · ltd · incorporated 2010-05-20

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.

Why now

Window steady · low confidence

Steady and stalled — no momentum either way. Needs an approach trigger.

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 2025

Net worth

—

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: Solicitors

Sector: Professional, scientific & technical

Investor take

Pursue

Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (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 (58/100).

Data confidence

Overall: high (85/100)

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

Company profile

address, 1 SIC codes, incorporation date

100

Financials

3 years of iXBRL accounts extracted + narrative notes parsed

Lenders & charges

Confirmed no charges registered

Directors & officers

4 officers (1 active, 4 linked, 3 with DOB)

Ownership & PSC

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

Director network

1 connected companies via shared directors

Filing history

62 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Key financials

3 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	2025-12-31	2024-12-31	2023-12-31
Total assets	—	£185.7k	£161.1k
Current assets	—	£247.0k	£223.0k
Cash	—	£52.4k	£24.7k
Debtors	—	£21.2k	£51.1k
Net assets	—	£185.7k	£161.1k
Average employees	5	—	—

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

filings

Last 90 days

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (25 events)Click to expand

2026-06-09
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-16
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-08-21
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-30
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2024-05-29
➖
MATHESON, Andrew Ferrier Lister resigned
secretary
2023-08-08
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-20
📄
capital-cancellation-shares
capital · SH06
2023-02-20
📄
capital-return-purchase-own-shares
capital · SH03
2023-02-14
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-02-14
📄
termination-director-company-with-name-termination-date
officers · TM01
2023-02-14
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2022-11-01
➖
MATHESON, Andrew Ferrier Lister resigned
director
2022-09-01
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-23
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-08-03
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-10
📄
termination-director-company-with-name-termination-date
officers · TM01
2020-02-19
➖
MCFARLANE, Kay resigned
director
2020-02-04
📄
appoint-person-director-company-with-name-date
officers · AP01
2020-02-01
➕
KERR, Lorraine appointed
director
2019-05-14
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-01-21
📄
change-person-director-company-with-change-date
officers · CH01
2012-01-01
➕
MCFARLANE, Kay appointed
director
2010-05-20
🏢
Company incorporated
As MAIR MATHESON SOLICITORS LTD
2010-05-20
➕
MATHESON, Andrew Ferrier Lister appointed
secretary
2010-05-20
➕
MATHESON, Andrew Ferrier Lister appointed
director

Owner dependency

75/100

High — earn-out structure required

Material founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.

FACTORS

+Sole director: Only one active director — all governance concentrated on one person.

Succession & seller-readiness

55/100

Strong succession signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

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

clean

No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

Mair Matheson Holdings Ltd is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Mair Matheson Holdings Ltd

Corporate parent · holds 75-100% shares

ultimate parent

⬇

MAIR MATHESON SOLICITORS LTD

This company · SC378930

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
Mair Matheson Holdings Ltd Corporate entity	75–100%	75–100%	75-100% shares · 75-100% voting	25/10/2022

1 historic (ceased) PSC

Mr Andrew Ferrier Lister Mathesonceased 25/10/2022· 50-75% 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 · KA postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AYRSHIRE ALUMINIUM CO. LIMITED→ SC075647 · est 1981	£2.38M £1.75M–£3.00M	—	—	0	44y	82	61y
ARPL ARCHITECTS LTD.→ SC116832 · est 1989	—	—	—	700	37y	83	67y
AUSTIN LAFFERTY LIMITED→ SC277684 · est 2004	—	—	£745.0k	—	21y	83	62y
CYCLERATE LIMITED→ SC334375 · est 2007	—	—	—	—	18y	83	58y
WASTEWATER MANAGEMENT HOLDINGS LIMITED→ SC201429 · est 1999 · no financials extracted	—	—	—	—	26y	83	59y
WEST COAST CAPITAL (RETAIL PARKS) LIMITED→ SC219194 · est 2001	—	—	—	0	25y	83	77y
WEST COAST CAPITAL HOLDINGS LIMITED→ SC190805 · est 1998	—	—	—	2	27y	83	77y
WEST COAST CAPITAL PRESTVEN INVESTMENTS LIMITED→ SC298919 · est 2006	—	—	£2	—	20y	83	77y
WICKED COSTUMES GROUP LIMITED→ SC402313 · est 2011	—	—	£474.0k	—	15y	83	62y
ADAM WILSON & SONS (HOLDINGS) LIMITED→ SC230058 · est 2002 · no financials extracted	—	—	—	—	24y	82	86y
ADELPHI PLANT HIRE (SCOTLAND) LTD→ SC239828 · est 2002	—	—	—	2	23y	82	65y
ALBA PLANNING CONSULTANTS LIMITED→ SC157540 · est 1995	—	—	£230.3k	—	31y	82	66y

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

Incorporated2010-05-20

Jurisdictionscotland

Primary SIC69102 — Solicitors

Registered office

53 Main Street

Newmilns

Ayrshire

KA16 9DA

Filing status

Accounts

Next due: 2027-09-30

Last made up to: 2025-12-31

Confirmation statement

Next due: 2027-06-03

Last: 2026-05-20

Officers (1 active · 3 resigned)

KERR, Lorraine→

director · ~42y · appointed 2020-02-01

View their other companies + combined net worth →

Active

MATHESON, Andrew Ferrier Lister→

secretary · appointed 2010-05-20 · resigned 2024-05-29

Resigned

MATHESON, Andrew Ferrier Lister→

director · ~78y · appointed 2010-05-20 · resigned 2022-11-01

Resigned

MCFARLANE, Kay→

director · ~41y · appointed 2012-01-01 · resigned 2020-02-19

Resigned

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

Recent filings (62 total)

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

accounts · AA

2026-06-09

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-05-21

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

accounts · AA

2025-06-16

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-05-20

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

accounts · AA

2024-08-21

confirmation-statement-with-updates

confirmation-statement · CS01

2024-05-31

termination-secretary-company-with-name-termination-date

officers · TM02

2024-05-30

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

accounts · AA

2023-08-08

confirmation-statement-with-updates

confirmation-statement · CS01

2023-05-22

capital-cancellation-shares

capital · SH06

2023-02-20

capital-return-purchase-own-shares

capital · SH03

2023-02-20

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2023-02-14

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

officers · TM01

2023-02-14

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2023-02-14

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

accounts · AA

2022-09-01