THEMACDOGFACTORY LTD

💤Zombieactive
SC418587 · ltd · incorporated 2012-03-05
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 Mar 2025
Net worth
—
book net assets
Opportunity
74/100
Strong
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What this business does
Primary activity: Wholesale of household goods (other than musical instruments) n.e.c.
Sector: Wholesale & retail
ALSO REGISTERED FOR
  • 53201SIC 53201
  • 70229Management consultancy activities other than financial management
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 74/100 (strong), bankability 80/100. 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).

🏦

Refinance opportunity

2 live charges · oldest 13.0y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 13.0 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (78/100)

Adequate coverage. AI outputs are reliable for the sections scored high; verify the rest in diligence.

Company profile
address, 3 SIC codes, incorporation date
100
Financials
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
40 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
50
Some acquirability indicators.
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£0Mar 2024Mar 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-312024-03-31
Average employees200200

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
1
filing
  • • 1 confirmation-statement
Last 180 days
2
filings
  • • 1 confirmation-statement
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2025-12-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-12-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2024-10-07
    📄
    change-person-director-company-with-change-date
    officers · CH01
  4. 2024-10-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2024-10-02
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  6. 2023-11-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-12-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2022-08-25
    📄
    change-person-director-company-with-change-date
    officers · CH01
  9. 2022-08-25
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  10. 2022-08-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2021-12-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2021-03-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2020-04-14
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2019-09-05
    📄
    change-person-director-company-with-change-date
    officers · CH01
  15. 2019-09-04
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-05-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2018-12-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2013-07-25
    🔒
    Charge registered #2
    Lender: Hsbc Bank PLC
  19. 2013-05-30
    🔒
    Charge registered #1
    Lender: Hsbc Bank PLC
  20. 2012-03-05
    🏢
    Company incorporated
    As THEMACDOGFACTORY LTD
  21. 2012-03-05
    ➕
    LECHIEN, David, Director appointed
    director

Owner dependency

80/100
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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +No director turnover: Company is 14 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

58/100
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.
  • secondary12+ year tenure: Director in role 14 years.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mister David Lechien
Individual · Belgian · DOB 09/1976 · age 50
75–100%
—75-100% shares06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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CENTRAL PRODUCE LTD→
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SCOTIA SUPPLY CO. LTD.→
SC202132 · est 1999
——£422.8k—26y8363y
ANGUS BRAIDWOOD & SON LIMITED→
SC114086 · est 1988
——£1.62M—37y8281y
BATHROOM PLANET (STIRLING) LTD.→
SC183947 · est 1998
——£114.1k—28y8258y
C L C PRESENTATION SYSTEMS LIMITED→
SC215799 · est 2001
——£16.0k—25y8275y
C.T.S. (GRANGEMOUTH) LIMITED→
SC226255 · est 2001
———100024y8280y
M G INDUSTRIAL SUPPLIES LIMITED→
SC245064 · est 2003
———80023y8259y
STEWART MCDONALD (PLANT) LIMITED→
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——£1.9k—49y8279y
JOHN CALLUM LTD.→
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——£2.54M—26y8161y
RW AGENCIES LIMITED→
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——£836.6k—15y8165y
CALEDONIAN AIRCRAFT SPARES LIMITED→
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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
Incorporated2012-03-05
Jurisdictionscotland
Primary SIC46499 — Wholesale of household goods (other than musical instruments) n.e.c.

Registered office

31 Braemar Avenue
Dunblane
FK15 9ED
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-04-12
Last: 2026-03-29

Officers (1 active · 0 resigned)

LECHIEN, David, Director→
director · ~50y · appointed 2012-03-05
View their other companies + combined net worth →
Active

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property25/07/2013—
outstanding
HSBC
Hsbc Bank PLC
A registered charge1 property30/05/2013—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (40 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-09
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-30
change-person-director-company-with-change-date
officers · CH01
2024-10-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-10-02
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-10-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-10
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-04-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-29
change-person-director-company-with-change-date
officers · CH01
2022-08-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-08-25
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2022-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-29