MACLELLANS (THINK ON) LIMITED

🌳Matureactive
SC421882 · ltd · incorporated 2012-04-13
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 13.9y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Mar 2025
Net worth
—
book net assets
Opportunity
79/100
Strong
🔔
Follow this company (free)
Email alerts on filings, charges, director changes, gazette notices. No account needed.

Unsubscribe any time from any email. GDPR-respectful.

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch
What this business does
Primary activity: Hotels and similar accommodation
Sector: Accommodation & food service
ALSO REGISTERED FOR
  • 56302Public houses and bars
Investor take
Pursue
Active trading company with a 65-year-old founder — textbook succession opportunity.

Opportunity 79/100 (strong), bankability 80/100. Strong seller-intent signal (63/100, director aged 65). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

3 live charges · oldest 13.9y

85/100
ready

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

  • · Oldest live charge is 13.9 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.

Data confidence

Overall: medium (73/100)

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

Company profile
address, 2 SIC codes, incorporation date
100
Financials
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
3 charges (3/3 with lender, 3/3 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
49 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
79/100Strong
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
100
Good data coverage for analysis.

Key financials

1 year extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Average employees4700

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

3 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
1
filing
  • • 1 accounts
Last 180 days
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2026-02-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-11-04
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-10-22
    📄
    change-account-reference-date-company-previous-shortened
    accounts · AA01
  4. 2024-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2023-08-24
    📄
    capital-return-purchase-own-shares
    capital · SH03
  6. 2023-08-04
    📄
    capital-cancellation-shares
    capital · SH06
  7. 2023-08-02
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2023-08-02
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  9. 2023-08-01
    ➖
    MACLELLAN, John resigned
    director
  10. 2023-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2022-07-06
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  12. 2022-07-05
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  13. 2022-02-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2021-04-26
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2021-03-17
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  16. 2021-03-10
    ➕
    MACLELLAN, Lewis Ruairidh appointed
    director
  17. 2020-09-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  18. 2020-09-18
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2020-07-23
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  20. 2020-07-23
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  21. 2016-09-14
    🔒
    Charge registered #3
    Lender: Bank of Scotland PLC
  22. 2016-01-12
    ➕
    MACLELLAN, John appointed
    director
  23. 2012-06-12
    🔒
    Charge registered #2
    Lender: Bank of Scotland PLC
  24. 2012-06-06
    🔒
    Charge registered #1
    Lender: Bank of Scotland PLC
  25. 2012-04-13
    🏢
    Company incorporated
    As MACLELLANS (THINK ON) LIMITED
  26. 2012-04-13
    ➕
    MACLELLAN, Angus John appointed
    director
  27. 2012-04-13
    ➕
    MACLELLAN, Fiona Macdonald appointed
    director
  28. 2012-04-13
    ➕
    MACLELLAN, John appointed
    director
  29. 2012-04-13
    ➖
    MACLELLAN, John resigned
    director

Owner dependency

88/100
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
  • +Founder name in company name: Company name contains director surname "MACLELLAN" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 65 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

63/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 65. Approaching typical UK retirement age — succession thinking likely.
  • 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

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Fiona Macdonald Maclellan
Individual · British · DOB 05/1962 · age 64
25–50%
25–50%25-50% shares · 25-50% voting18/09/2020
Mr Angus John Maclellan
Individual · British · DOB 02/1961 · age 65
25–50%
25–50%board control25-50% shares · 25-50% voting · board control01/07/2016
2 historic (ceased) PSCs
  • Mr John Maclellanceased 01/08/2023· 25-50% shares · 25-50% voting
  • Mrs Fiona Macdonald Maclellanceased 22/07/2020· 25-50% shares · 25-50% voting

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 · Hospitality · PH postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
LOCH RANNOCH HIGHLAND CLUB LTD→
SC640740 · est 2019 · no financials extracted
————6y——
LOCH SHIEL HOTEL (ACHARACLE) LIMITED→
SC448548 · est 2013 · no financials extracted
————12y——
LOCHABER HOTELS LIMITED→
SC174427 · est 1997 · no financials extracted
————29y——
M&A FOODS (PERTH) LIMITED→
SC824248 · est 2024 · no financials extracted
————1y——
MACLEOD ESTATES LTD→
SC658444 · est 2020 · no financials extracted
————6y——
MAYCROFT RETREAT LIMITED→
SC663885 · est 2020 · no financials extracted
————5y——
MIKE & LENA SINGER LTD→
SC408898 · est 2011 · no financials extracted
————14y——
MOBILE MEASURES LTD→
SC632222 · est 2019 · no financials extracted
————6y——
MORRIS LESLIE VILLAGES LIMITED→
SC690995 · est 2021 · no financials extracted
————5y——
MORTON'S (PITLOCHRY) LTD→
SC470242 · est 2014 · no financials extracted
————12y——
MUHAMMAD BURHAN RASHID LIMITED→
SC851252 · est 2025 · no financials extracted
———————
MURDOCH,S BAR AND RESTAURANT LTD→
SC844388 · est 2025 · no financials extracted
————1y——
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions

8 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
Incorporated2012-04-13
Jurisdictionscotland
Primary SIC55100 — Hotels and similar accommodation

Registered office

6 Atholl Crescent
Perth
Perthshire
PH1 5JN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (3 active · 2 resigned)

MACLELLAN, Angus John→
director · ~65y · appointed 2012-04-13
View their other companies + combined net worth →
Active
MACLELLAN, Fiona Macdonald→
director · ~64y · appointed 2012-04-13
View their other companies + combined net worth →
Active
MACLELLAN, Lewis Ruairidh→
director · ~40y · appointed 2021-03-10
View their other companies + combined net worth →
Active
MACLELLAN, John→
director · ~43y · appointed 2016-01-12 · resigned 2023-08-01
Resigned
MACLELLAN, John→
director · ~43y · appointed 2012-04-13 · resigned 2012-04-13
Resigned

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

Mortgages & charges

3
Total charges
3
Outstanding
1
Active lenders
Status:Lender:3 of 3 shown
TypeProperties
outstanding
Lloyds Banking Group
Bank of Scotland PLC
A registered charge1 property14/09/2016—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Standard security1 property12/06/2012—
outstanding
Lloyds Banking Group
Bank of Scotland PLC
Floating charge1 property06/06/2012—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (49 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-02-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-11-04
change-account-reference-date-company-previous-shortened
accounts · AA01
2024-10-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-10-02
capital-return-purchase-own-shares
capital · SH03
2023-08-24
capital-cancellation-shares
capital · SH06
2023-08-04
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-08-02
termination-director-company-with-name-termination-date
officers · TM01
2023-08-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-02-02
confirmation-statement-with-updates
confirmation-statement · CS01
2022-09-05
gazette-filings-brought-up-to-date
gazette · DISS40
2022-07-06
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-05