DONALD R MACLEOD JOINERY LIMITED

💤Zombieactive
SC444300 · ltd · incorporated 2013-03-06
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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
year to Mar 2025
Net worth
£-8.8k
book net assets
Opportunity
73/100
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.

What this business does
Primary activity: Joinery installation
Sector: Construction
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

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: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (76/100)

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, 1 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
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.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Negative net assets
Liabilities exceed assets by £8,773

Key financials

2 years extracted from filed iXBRL accounts
Cash
£2k
Net Worth
-£9k
Current Assets
£10k
Current Liabilities
-£9k-£5k-£1k£3k£6k£10kMar 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
Total assets£-7.4k
Current assets£10.2k
Cash£2.5k
Debtors£7.1k
Net assets£-8.8k
Average employees100

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
0
filings
Last 180 days
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (19 events)Click to expand
  1. 2025-10-14
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  2. 2024-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-12-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-12-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2020-12-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-12-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-11-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2017-12-12
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2016-12-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  11. 2016-04-13
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  12. 2016-01-06
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2015-03-09
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  14. 2014-11-29
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  15. 2014-11-01
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2014-10-31
    FLEGG, Sally Jane resigned
    secretary
  17. 2013-03-06
    🏢
    Company incorporated
    As DONALD R MACLEOD JOINERY LIMITED
  18. 2013-03-06
    MACLEOD, Donald Roderick appointed
    director
  19. 2013-03-06
    FLEGG, Sally Jane appointed
    secretary

Owner dependency

90/100
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 "MACLEOD" — strong identity link between founder and business.

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 Donald Roderick Macleod
Individual · British · DOB 07/1970 · age 56
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.

Similar companies

Active · Construction · IV postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
COMPASS BUILDING AND CONSTRUCTION SERVICES LTD
SC355872 · est 2009
£8.17M
£5.83M£10.50M
12817y8253y
G & A BARNIE GROUP LIMITED
SC265415 · est 2004
£5.89M
£4.21M£7.58M
42622y8468y
G.F. JOB LIMITED
SC135278 · est 1991
£5.10M
£3.64M£6.56M
6534y8875y
HIGHLAND METALS LIMITED
SC061436 · est 1976
£3.87M
£2.77M£4.98M
3549y8871y
HIGHLAND DEEPHAVEN LIMITED
SC050016 · est 1972
£1.97M
£1.41M£2.54M
454y8371y
CRANLOCH LIMITED
SC237023 · est 2002
£10.4k23y8368y
DARROCH & ALLAN (JOINERS & BUILDERS) LIMITED
SC227618 · est 2002
£2.04M24y8365y
DUNELAND LIMITED
SC174358 · est 1997
20029y8374y
ERG (SCOTLAND) LIMITED
SC195590 · est 1999
27y8359y
HIGHLAND HEATING MANAGEMENT LIMITED
SC296985 · est 2006
2020y8358y
LEWISTON ARMS LIMITED
SC319673 · est 2007
£32.6k19y8373y
ST BUILDING SERVICES (FORRES) LIMITED
SC358458 · est 2009
100017y8364y
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
Incorporated2013-03-06
Jurisdictionscotland
Primary SIC43320 — Joinery installation

Registered office

Easaval Buntait
Glenurquhart
Drumnadrochit
Inverness-Shire
IV63 6TN

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2027-03-20
Last: 2026-03-06

Officers (1 active · 1 resigned)

MACLEOD, Donald Roderick
director · ~56y · appointed 2013-03-06
View their other companies + combined net worth →
Active
FLEGG, Sally Jane
secretary · appointed 2013-03-06 · resigned 2014-10-31
Resigned

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
2026-03-17
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2025-10-14
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-29
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-20
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-24
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-12-16
confirmation-statement-with-updates
confirmation-statement · CS01
2022-04-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-21
confirmation-statement-with-updates
confirmation-statement · CS01
2021-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-12-23
confirmation-statement-with-updates
confirmation-statement · CS01
2020-03-10
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-12-18
confirmation-statement-with-updates
confirmation-statement · CS01
2019-03-27