HIRELINE LIMITED

🌳Matureactive
SC387526 · ltd · incorporated 2010-10-22
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
  • · Oldest live charge 15.3y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Renting and leasing of construction and civil engineering machinery and equipment
Sector: Administrative & support services
Investor take
Pursue
Active trading company with a 80-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (83/100, director aged 80). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 15.3y

85/100
ready

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

  • · Oldest live charge is 15.3 years old — likely at or near maturity.
  • · 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
75
Lenders & charges
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
3 officers (3 active, 3 linked, 2 with DOB)
83
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
41 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
82/100Exceptional
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
80
Strong succession / seller-readiness signals.
Risk profile
85
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
—
£0£0£0£0£0£0Nov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-11-302023-11-30
Average employees13001200

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-04-09
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-03
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-05-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2022-07-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-05-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-10-19
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2019-10-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2019-10-03
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  10. 2019-08-08
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2018-08-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-09-07
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2017-04-25
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  14. 2017-04-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2016-08-31
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  16. 2015-08-29
    🔓
    Charge satisfied #1
  17. 2011-01-27
    🔒
    Charge registered #1
    Lender: East of Scotland Investment Fund Limited
  18. 2010-11-30
    ➕
    GILLAN, John appointed
    director
  19. 2010-10-22
    🏢
    Company incorporated
    As HIRELINE LIMITED
  20. 2010-10-22
    ➕
    MCCLUSKEY, Tracey appointed
    secretary
  21. 2010-10-22
    ➕
    MCCLUSKEY, Patrick 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 16 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 80 — succession pressure is live.

Succession & seller-readiness

89/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 80 years old. Natural succession window is now.
  • 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
NameSharesVoting rightsNature of controlNotified
Mrs Tracey Mccluskey
Individual · Scottish · DOB 03/1974 · age 52
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016
Mr Patrick George Mccluskey
Individual · British · DOB 02/1973 · age 53
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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 →

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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
Incorporated2010-10-22
Jurisdictionscotland
Primary SIC77320 — Renting and leasing of construction and civil engineering machinery and equipment

Registered office

Unit 15 Merryfield Business Centre
Macmerry Industrial Estate
Tranent
East Lothian
EH33 1ET
Scotland

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-11-05
Last: 2025-10-22

Officers (3 active · 0 resigned)

MCCLUSKEY, Tracey→
secretary · appointed 2010-10-22
View their other companies + combined net worth →
Active
GILLAN, John→
director · ~80y · appointed 2010-11-30
View their other companies + combined net worth →
Active
MCCLUSKEY, Patrick→
director · ~53y · appointed 2010-10-22
View their other companies + combined net worth →
Active

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
TypeProperties
satisfied
East of Scotland Investment Fund
East of Scotland Investment Fund Limited
Bond & floating charge1 property27/01/201129/08/2015

Recent filings (41 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-22
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-03
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-15
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-12-08
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-07-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-05-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-11-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-10-19
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-31
change-person-director-company-with-change-date
officers · CH01
2019-10-03