MACGOCHANS LIMITED

📉Decliningactive
SC443536 · ltd · incorporated 2013-02-25
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
Opportunity decay
drifting distress · 6-months
Drifting toward distress — expect more negotiability in 3–6 months, but also more friction.
  • · Lifecycle stage drifting downward
  • · Currently "declining"
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
£1.01M
year to Mar 2025
Net worth
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Public houses and bars
Sector: Accommodation & food service
Investor take
Pursue
Strong opportunity: conservative operator 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: strategic trade sale (70/100).

🏦

Refinance opportunity

1 live charge · oldest 10.3y

95/100
ready

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

  • · Oldest live charge is 10.3 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 15/100 — clean.
  • · Profitable and stable/growing — lender coverage supportable.

Data confidence

Overall: high (83/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
1 officers (1 active, 1 linked, 1 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
30 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Profitable
Profit before tax £64,326
Revenue decline
Turnover down 24% YoY
Turned profitable
Returned to profit this year
Turnover YoY
-24%
Year on year

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
Turnover£1.01M£1.34M
Gross profit£272.2k£281.7k
Profit before tax£64.3k£-75.9k
Average employees15001500

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

🔒Filing-note intelligence

2 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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (18 events)Click to expand
  1. 2025-08-07
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-09-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-07-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-08-30
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-11-18
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  6. 2021-11-18
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2021-08-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-07-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-10-01
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-08-13
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2016-12-27
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-06-28
    📄
    change-account-reference-date-company-previous-extended
    accounts · AA01
  14. 2016-03-22
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2016-02-15
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  16. 2016-02-10
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  17. 2013-02-25
    🏢
    Company incorporated
    As MACGOCHANS LIMITED
  18. 2013-02-25
    MORRISON, Neil 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 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.)

Group structure

Dunard Holdings Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Dunard Holdings Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
MACGOCHANS LIMITED
This company · SC443536

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Dunard Holdings Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control10/11/2021
1 historic (ceased) PSC
  • Mr Neil Morrisonceased 10/11/2021· 75-100% shares

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
Incorporated2013-02-25
Jurisdictionscotland
Primary SIC56302 — Public houses and bars

Registered office

Macgochans Ledaig
Tobermory
Isle Of Mull
Argyll
PA75 6NR

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-02-18
Last: 2026-02-04

Officers (1 active · 0 resigned)

MORRISON, Neil
director · ~48y · appointed 2013-02-25
View their other companies + combined net worth →
Active

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge10/02/2016
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (30 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-09
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-08-07
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-02-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-02-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-02-13
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-08-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-02-21
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2021-11-18
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-11-18
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-08-02
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-02-26
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-02-28