MAGSDOC LIMITED

💤Zombieactive
SC425570 · ltd · incorporated 2012-06-06
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 Jun 2024
Net worth
book net assets
Opportunity
77/100
Strong
🔔
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 77/100 (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 (78/100)

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
2 officers (1 active, 2 linked, 2 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
77/100Strong
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
82
Few red flags.
Signal strength
90
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£0Jun 2023Jun 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-06-302023-06-30
Average employees-100-100

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
0
filings
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
  1. 2025-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  3. 2025-05-22
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-04-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  5. 2024-04-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2023-07-26
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  7. 2023-06-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2023-06-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  9. 2022-06-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2021-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2020-10-29
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  12. 2020-10-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-06-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2019-05-12
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2019-03-28
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  16. 2018-03-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  17. 2012-08-09
    CROSSAN, Colette appointed
    director
  18. 2012-08-09
    LOUGHRIE, Michael Mark resigned
    director
  19. 2012-06-06
    🏢
    Company incorporated
    As MAGSDOC LIMITED
  20. 2012-06-06
    LOUGHRIE, Michael Mark 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
  • +Sole director: Only one active director — all governance concentrated on one person.
  • +Senior director age: Director aged approximately 60 — approaching natural succession window.

Succession & seller-readiness

68/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
  • 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

1 low
Multiple registered office changes
low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mrs Colette Crossan
Individual · British · DOB 10/1966 · age 60
sig. influencesignificant influence · trust interest01/07/2016

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

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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
Incorporated2012-06-06
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

C/O Horizon Ca
5 La Belle Place
Glasgow
G3 7LH
Scotland

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-06-30
Confirmation statement
Next due: 2026-06-20
Last: 2025-06-06

Officers (1 active · 1 resigned)

CROSSAN, Colette
director · ~60y · appointed 2012-08-09
View their other companies + combined net worth →
Active
LOUGHRIE, Michael Mark
director · ~57y · appointed 2012-06-06 · resigned 2012-08-09
Resigned

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

Recent filings (40 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-22
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-16
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-07-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-06-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-06-06
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-06-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-06-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-06-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-06-06