MACKINLAY WELL ENGINEERING LIMITED

🌳Matureactive
SC453144 · ltd · incorporated 2013-06-26
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 Jun 2025
Net worth
—
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: SIC 09100
Sector: Mining & quarrying
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. 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
3 officers (2 active, 3 linked, 3 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
42 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£45k£89k£134k£179k£223kJun 2024Jun 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-06-302024-06-30
Total assets—£174.2k
Current assets—£223.2k
Cash—£157.0k
Debtors—£66.2k
Net assets—£174.2k
Average employees200—

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
1
filing
  • • 1 accounts
Counts from Companies House filing history.
Corporate timeline (23 events)Click to expand
  1. 2025-11-20
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-09-18
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-03-25
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-13
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-04
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-05-11
    📄
    second-filing-notification-of-a-person-with-significant-control
    persons-with-significant-control · RP04PSC01
  7. 2021-05-11
    📄
    second-filing-notification-of-a-person-with-significant-control
    persons-with-significant-control · RP04PSC01
  8. 2020-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  9. 2019-10-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2019-01-18
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  11. 2019-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  12. 2019-01-17
    📄
    change-person-director-company-with-change-date
    officers · CH01
  13. 2019-01-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  14. 2019-01-17
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2018-10-12
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2018-10-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  17. 2018-10-03
    📄
    change-person-director-company-with-change-date
    officers · CH01
  18. 2018-10-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2013-06-26
    🏢
    Company incorporated
    As MACKINLAY WELL ENGINEERING LIMITED
  20. 2013-06-26
    ➕
    MACKINLAY, Gayle appointed
    director
  21. 2013-06-26
    ➕
    MACKINLAY, Grant appointed
    director
  22. 2013-06-26
    ➕
    MACKINLAY, Gayle appointed
    director
  23. 2013-06-26
    ➖
    MACKINLAY, Gayle resigned
    director

Owner dependency

81/100
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
  • +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 "MACKINLAY" — strong identity link between founder and business.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

49/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • 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

clean
No 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
NameSharesVoting rightsNature of controlNotified
Mr Grant Mackinlay
Individual · British · DOB 09/1974 · age 52
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
Mrs Gayle Mackinlay
Individual · British · DOB 05/1977 · age 49
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016

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

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
Incorporated2013-06-26
Jurisdictionscotland
Primary SIC09100 — SIC 09100

Registered office

East Steading
Blackchambers
Westhill
AB32 7BU
Scotland

Filing status

Accounts
Next due: 2027-03-31
Last made up to: 2025-06-30
Confirmation statement
Next due: 2026-07-10
Last: 2025-06-26

Officers (2 active · 1 resigned)

MACKINLAY, Gayle→
director · ~49y · appointed 2013-06-26
View their other companies + combined net worth →
Active
MACKINLAY, Grant→
director · ~52y · appointed 2013-06-26
View their other companies + combined net worth →
Active
MACKINLAY, Gayle→
director · ~48y · appointed 2013-06-26 · resigned 2013-06-26
Resigned

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

Recent filings (42 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-20
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-09-18
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-03-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-04
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-13
confirmation-statement-with-updates
confirmation-statement · CS01
2022-07-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-04
confirmation-statement-with-updates
confirmation-statement · CS01
2021-06-26
second-filing-notification-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC01
2021-05-11
second-filing-notification-of-a-person-with-significant-control
persons-with-significant-control · RP04PSC01
2021-05-11
accounts-with-accounts-type-micro-entity
accounts · AA
2020-11-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-07-02
accounts-with-accounts-type-micro-entity
accounts · AA
2019-10-21