MCDONALD JOINERS LIMITED

🌳Matureactive

SC459032 · ltd · incorporated 2013-09-12

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.

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 Jul 2025

Net worth

£-6.6k

book net assets

Opportunity

77/100

Strong

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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 77/100 (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: Deleverage or restructure. Leverage at 100% of assets — consider sale of non-core assets or equity injection. 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

Lenders & charges

Confirmed no charges registered

Directors & officers

2 officers (2 active, 2 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

30 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

77/100Strong

PassWatchWorth a lookStrongExceptional

Solid opportunity signal. Worth a dedicated memo and management meeting.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £6,597

High leverage

Liabilities are 100% of total assets

Net assets shrinking

Down £6,675 YoY

Leverage

100%

Liabilities / Total assets

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

-£7k

↓ 8558% YoY

Current Assets

£58k

↓ 14% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-07-31	2024-07-31
Total assets	£103.5k	£48.3k
Current assets	£58.4k	£67.9k
Cash	—	£44.6k
Debtors	—	£23.3k
Net assets	£-6.6k	£78

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

filings

Last 90 days

filing

• 1 accounts

Last 180 days

filings

• 1 accounts
• 1 address

Counts from Companies House filing history.

Corporate timeline (18 events)Click to expand

2026-05-03
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-19
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-09-01
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-04-22
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-04-30
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-18
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2023-08-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-05-30
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2022-05-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-31
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-08-30
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-05-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-22
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-05-22
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2017-06-28
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2013-09-12
🏢
Company incorporated
As MCDONALD JOINERS LIMITED
2013-09-12
➕
MCDONALD, Matthew appointed
director
2013-09-12
➕
MCDONALD, Samuel Matthew appointed
director

Owner dependency

94/100

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 "MCDONALD" — strong identity link between founder and business.
+Senior director age: Director aged approximately 62 — 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 signal

Multiple signals suggest succession is on the horizon. Candidate for proactive outreach.

SIGNALS

secondaryFounder aged 58+: Senior director is approximately 62. 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

1 low

Multiple registered office changes

low

Multiple address changes in a short period can indicate operational instability or admin disorder.

Shareholders & ownership

2 active beneficial owners

Name	Shares	Voting rights	Nature of control	Notified
Mr Matthew Mcdonald Individual · Scottish · DOB 03/1964 · age 62	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016
Mr Samuel Matthew Mcdonald Individual · Scottish · DOB 08/1990 · age 36	25–50%	25–50%	board control25-50% shares · 25-50% voting · board control	06/04/2016

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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KILMAC LTD→ SC458759 · est 2013	£6.45M £4.61M–£8.30M	—	—	16000	12y	84	58y
GUILD HOMES (TAYSIDE) LTD.→ SC170248 · est 1996	£2.17M £1.55M–£2.79M	—	—	34	29y	84	63y
D J LAING (CONTRACTS) LIMITED→ SC087805 · est 1984	£1.52M £1.08M–£1.95M	—	—	57	42y	87	79y
ANGUS DECORATING COMPANY LIMITED→ SC056282 · est 1974	£1.48M £1.06M–£1.90M	—	—	65	51y	83	63y
ROCKNOWE INTERIORS LIMITED→ SC489276 · est 2014	£634.1k £452.9k–£815.3k	—	—	1100	11y	85	75y
FLAGSHIP PROPERTY CARE LIMITED→ SC560189 · est 2017	£34.1k £24.4k–£43.9k	—	—	0	9y	83	83y
DOUBLE KWIK SCAFFOLDING LIMITED→ SC145539 · est 1993	—	—	—	—	32y	83	65y
ISLAND LEISURE LIMITED→ SC119182 · est 1989	—	—	—	23	36y	83	64y
JACKSON STEEL STRUCTURES LIMITED→ SC047786 · est 1970	—	—	£1.45M	—	55y	83	60y
JAMES LAMMOND LIMITED→ SC258479 · est 2003	—	—	—	3800	22y	83	62y
M & M PLUMBING & HEATING SUPPLIES LIMITED→ SC333448 · est 2007	—	—	—	2300	18y	83	63y
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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

Incorporated2013-09-12

Jurisdictionscotland

Primary SIC43320 — Joinery installation

Registered office

80 Clattowoods Drive

Dundee

DD3 9SF

Scotland

Filing status

Accounts

Next due: 2027-04-30

Last made up to: 2025-07-31

Confirmation statement

Next due: 2026-09-26

Last: 2025-09-12

Officers (2 active · 0 resigned)

MCDONALD, Matthew→

director · ~62y · appointed 2013-09-12

View their other companies + combined net worth →

Active

MCDONALD, Samuel Matthew→

director · ~36y · appointed 2013-09-12

View their other companies + combined net worth →

Active

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

Recent filings (30 total)

accounts-with-accounts-type-micro-entity

accounts · AA

2026-05-03

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2026-02-19

confirmation-statement-with-no-updates

confirmation-statement · CS01

2025-09-30

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-09-01

accounts-with-accounts-type-total-exemption-full

accounts · AA

2025-04-22

confirmation-statement-with-no-updates

confirmation-statement · CS01

2024-11-19

accounts-with-accounts-type-total-exemption-full

accounts · AA

2024-04-30

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2023-12-18

confirmation-statement-with-no-updates

confirmation-statement · CS01

2023-10-23

accounts-with-accounts-type-micro-entity

accounts · AA

2023-08-30

change-account-reference-date-company-previous-shortened

accounts · AA01

2023-05-30

confirmation-statement-with-no-updates

confirmation-statement · CS01

2022-10-14

accounts-with-accounts-type-micro-entity

accounts · AA

2022-05-31

confirmation-statement-with-no-updates

confirmation-statement · CS01

2021-10-14

accounts-with-accounts-type-micro-entity

accounts · AA

2021-05-31