MCQUILLAN LEGAL PRACTICE LTD

💤Zombieactive
SC437336 · ltd · incorporated 2012-11-21
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 Dec 2024
Net worth
book net assets
Opportunity
73/100
Strong
🔔
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What this business does
Primary activity: SIC 99999
Sector: Extraterritorial bodies
Investor take
Pursue
Strong opportunity: active trading company with strong profile and bankable structure.

Opportunity 73/100 (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: 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 (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
31 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
73/100Strong
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
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£0Dec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2024-12-312023-12-31

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

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 (18 events)Click to expand
  1. 2025-10-14
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2024-09-25
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  3. 2023-09-18
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  4. 2022-09-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  5. 2021-08-04
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2020-12-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  7. 2019-09-26
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  8. 2018-09-28
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  9. 2018-07-27
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  10. 2018-06-15
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2017-11-16
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2017-11-16
    📄
    change-person-secretary-company-with-change-date
    officers · CH03
  13. 2017-05-16
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  14. 2017-02-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  15. 2016-08-29
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  16. 2012-11-21
    🏢
    Company incorporated
    As MCQUILLAN LEGAL PRACTICE LTD
  17. 2012-11-21
    MCQUILLAN, Stephen appointed
    secretary
  18. 2012-11-21
    MCQUILLAN, Stephen appointed
    director

Owner dependency

95/100
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.
  • +Founder name in company name: Company name contains director surname "MCQUILLAN" — strong identity link between founder and business.
  • +No director turnover: Company is 13 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 13 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
Mr Stephen Mcquillan
Individual · British · DOB 01/1971 · age 55
75100%
75–100%75-100% shares · 75-100% 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
Incorporated2012-11-21
Jurisdictionscotland
Primary SIC99999 — SIC 99999

Registered office

127 Lammermuir Way
Chapelhall
Airdrie
ML6 8JB
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-11-25
Last: 2025-11-11

Officers (2 active · 0 resigned)

MCQUILLAN, Stephen
secretary · appointed 2012-11-21
View their other companies + combined net worth →
Active
MCQUILLAN, Stephen
director · ~55y · appointed 2012-11-21
View their other companies + combined net worth →
Active

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

Recent filings (31 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-11-13
accounts-with-accounts-type-dormant
accounts · AA
2025-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-11-25
accounts-with-accounts-type-dormant
accounts · AA
2024-09-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-11-30
accounts-with-accounts-type-dormant
accounts · AA
2023-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-12-23
accounts-with-accounts-type-dormant
accounts · AA
2022-09-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-11-17
accounts-with-accounts-type-dormant
accounts · AA
2021-08-04
accounts-with-accounts-type-dormant
accounts · AA
2020-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-12-04
accounts-with-accounts-type-dormant
accounts · AA
2019-09-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2018-11-22