MARTIN BUCHAN WELLHEAD SPECIALIST LTD
🌳Matureactive
SC441919 · ltd · incorporated 2013-02-04
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
hardening · 12-months
Already tight — no obvious softening catalysts on the horizon.
- · Thesis: well-run, low negotiation leverage
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Feb 2025
Net worth
£216.3k
book net assets
Opportunity
78/100
Strong
What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
Investor take
PursueStrong opportunity: asset-holding vehicle with strong profile and bankable structure.
Opportunity 78/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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 (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
37 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
78/100Strong
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
90
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 105 (micro)Positive net assets
Net assets £216,334
Net assets shrinking
Down £8,297 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£216k
↓ 3.7% YoY
Current Assets
£61k
↓ 12% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 105 (micro)| Metric | 2025-02-28 | 2024-02-29 |
|---|---|---|
| Total assets | £216.3k | £225.6k |
| Current assets | £61.0k | £69.7k |
| Cash | — | £57.1k |
| Debtors | — | £12.6k |
| Net assets | £216.3k | £224.6k |
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
1
filing
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (20 events)Click to expand
- 2025-08-25📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-09-02📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-11📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-11📄change-person-director-company-with-change-dateofficers · CH01
- 2024-03-11📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2023-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-09📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2021-07-22📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-11-12📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2019-05-14📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2018-07-26📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2018-07-26📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-26📄change-person-director-company-with-change-dateofficers · CH01
- 2018-07-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-07-26📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2016-04-06➕BUCHAN, Wendy appointeddirector
- 2013-02-04🏢Company incorporatedAs MARTIN BUCHAN WELLHEAD SPECIALIST LTD
- 2013-02-04➕BUCHAN, Martin John appointeddirector
Owner dependency
94/100
Critical — business is the founderThe 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.
- +Founder name in company name: Company name contains director surname "BUCHAN" — strong identity link between founder and business.
- +Senior director age: Director aged approximately 60 — approaching natural succession window.
- +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
- +No director turnover: Company is 13 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
59/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 60. Early succession window.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- 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
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Martin John Buchan Individual · British · DOB 03/1978 · age 48 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
Mrs Wendy Buchan Individual · British · DOB 07/1966 · age 60 | 25–50% | 25–50% | 25-50% shares · 25-50% voting | 06/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
Similar companies
Active · Manufacturing · AB postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| OFFLOAD HOSE SERVICES LTD→ SC881938 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| OIL & GAS PROCESS SERVICES LTD→ SC803053 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| OMEGA COMPLETION LIMITED→ SC472887 · est 2014 · no financials extracted | — | — | — | — | 12y | — | — |
| ONE-DYAS EOG LIMITED→ SC005122 · est 1902 · no financials extracted | — | — | — | — | 123y | — | — |
| OREGON TIMBER FRAME LTD.→ SC181419 · est 1997 · no financials extracted | — | — | — | — | 28y | — | — |
| ORGANICA J LTD→ SC762712 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| P PATERSON LTD→ SC382469 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| P.P.S. GLASSFIBRE LIMITED→ SC064971 · est 1978 · no financials extracted | — | — | — | — | 47y | — | — |
| PAD RISK CONSULTING LIMITED→ SC576758 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| PARKMEAD RENEWABLE ENERGY LIMITED→ SC803908 · est 2024 · no financials extracted | — | — | — | — | 2y | — | — |
| PFR SUBSEA LTD→ SC566376 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| PINEWOOD JOINERY LTD→ SC650844 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
6 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
Incorporated2013-02-04
Jurisdictionscotland
Primary SIC09100 — SIC 09100
Registered office
1 Memsie Meadows
Memsie
Aberdeenshire
AB43 7AN
Scotland
Filing status
Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-07
Last: 2026-01-24
Officers (2 active · 0 resigned)
BUCHAN, Martin John→
Activedirector · ~48y · appointed 2013-02-04
View their other companies + combined net worth →
BUCHAN, Wendy→
Activedirector · ~60y · appointed 2016-04-06
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (37 total)
confirmation-statement-with-updates
confirmation-statement · CS01
2026-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-06
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-03-11
change-person-director-company-with-change-date
officers · CH01
2024-03-11
change-person-director-company-with-change-date
officers · CH01
2024-03-11
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-03-11
confirmation-statement-with-updates
confirmation-statement · CS01
2024-02-12
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-02-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-07-22