AL05MAC LTD
💤Zombieactive
SC475347 · ltd · incorporated 2014-04-15
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.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Apr 2025
Net worth
£1.20M
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
PursueStrong opportunity: property-backed borrower with strong profile and bankable structure.
Opportunity 79/100 (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: share sale to pe / searcher (73/100).
🏦
Refinance opportunity
5 live charges · oldest 11.8y
45/100
under pressure
Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.
- · Oldest live charge is 11.8 years old — likely at or near maturity.
- · Single lender — cleanest path to refinance.
- · Distress signals active — lender appetite narrows.
Data confidence
Overall: medium (79/100)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
5 charges (5/5 with lender, 5/5 with type)
90
Directors & officers
2 officers (2 active, 2 linked, 1 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
46 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
79/100Strong
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
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · accounting standard not declaredPositive net assets
Net assets £1,203,098
Net assets shrinking
Down £15,984 YoY
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
£1.2m
↓ 1.3% YoY
Current Assets
£447k
↓ 24% YoY
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · accounting standard unknown| Metric | 2025-04-30 | 2024-04-30 |
|---|---|---|
| Total assets | £2.57M | £2.71M |
| Current assets | £446.8k | £585.7k |
| Net assets | £1.20M | £1.22M |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
Recent activity
Last 30 days
1
filing
- • 1 confirmation-statement
Last 90 days
3
filings
- • 2 mortgage
- • 1 confirmation-statement
Last 180 days
4
filings
- • 2 mortgage
- • 1 confirmation-statement
- • 1 accounts
Counts from Companies House filing history.
Corporate timeline (26 events)Click to expand
- 2026-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-23📄mortgage-satisfy-charge-fullmortgage · MR04
- 2026-02-23🔓Charge satisfied #5
- 2026-02-23🔓Charge satisfied #1
- 2025-10-31📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2025-01-09📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2024-02-20📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-01-11📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2023-07-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-07-04📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2023-06-09📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2022-12-30📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2022-01-11📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2021-01-08📄accounts-with-accounts-type-micro-entityaccounts · AA
- 2020-01-16📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2019-01-08📄accounts-with-accounts-type-unaudited-abridgedaccounts · AA
- 2018-01-22📄mortgage-create-with-deed-with-charge-number-charge-creation-datemortgage · MR01
- 2018-01-10🔒Charge registered #5Lender: Svenska Handelsbanken Ab (Publ)
- 2016-02-15🔒Charge registered #4Lender: Svenska Handelsbanken Ab (Publ)
- 2015-02-13🔒Charge registered #3Lender: Svenska Handelsbanken Ab (Publ)
- 2014-07-30🔒Charge registered #2Lender: Svenska Handelsbanken Ab (Publ)
- 2014-07-18🔒Charge registered #1Lender: Svenska Handelsbanken Ab (Publ)
- 2014-04-15🏢Company incorporatedAs AL05MAC LTD
- 2014-04-15➕BRODIES SECRETARIAL SERVICES LIMITED appointedcorporate-secretary
- 2014-04-15➕MACLENNAN, Lynne Mccormack appointeddirector
Owner dependency
88/100
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
- +Sole director: Only one active director — all governance concentrated on one person.
- +Senior director age: Director aged approximately 62 — approaching natural succession window.
- +No director turnover: Company is 12 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
68/100
Strong succession signalMultiple signals suggest succession is on the horizon. Candidate for proactive outreach.
SIGNALS
- secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
- primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
- secondary12+ year tenure: Director in role 12 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 |
|---|---|---|---|---|
Mrs Lynne Mccormack Maclennan Individual · British · DOB 09/1964 · age 62 | 25–50% | 25–50% | board controlsig. influence25-50% shares · 25-50% voting · board control · significant influence · firm interest | 01/05/2016 |
Mr Angus Maclennan Individual · British · DOB 12/1963 · age 63 | 25–50% | 25–50% | board control25-50% shares · 25-50% voting · board control | 01/05/2016 |
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 →Similar companies
Active · Property · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| A&P HOSTING LTD→ SC809527 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AMG LETTING LIMITED→ SC581591 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| AMULREE PROPERTIES LIMITED→ SC716717 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANDORINHA PROPERTIES LTD→ SC763738 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ANDREUCCI LIMITED→ SC785557 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| ANDREW NEWMAN LIMITED→ SC692655 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ANDSTRAT (NO. 363) LIMITED→ SC407888 · est 2011 · no financials extracted | — | — | — | — | 14y | — | — |
| ANDSTRAT (NO. 420) C LIMITED→ SC575556 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDSTRAT (NO. 420) F LIMITED→ SC575577 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDSTRAT (NO. 420) G LIMITED→ SC575578 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDSTRAT (NO. 420) H LIMITED→ SC575579 · est 2017 · no financials extracted | — | — | — | — | 8y | — | — |
| ANDSTRAT (NO.426) LIMITED→ SC789227 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
Peers ranked by estimated value, then turnover, then opportunity score.See all →
🔒Tailored diligence questions
8 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
Incorporated2014-04-15
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate
Registered office
C/O Brodies Llp Capital Square
58 Morrison Street
Edinburgh
EH3 8BP
Scotland
Filing status
Accounts
Next due: 2027-01-31
Last made up to: 2025-04-30
Confirmation statement
Next due: 2027-04-18
Last: 2026-04-04
Officers (2 active · 0 resigned)
BRODIES SECRETARIAL SERVICES LIMITED→
Activecorporate-secretary · appointed 2014-04-15
View their other companies + combined net worth →
MACLENNAN, Lynne Mccormack→
Activedirector · ~62y · appointed 2014-04-15
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Mortgages & charges
5
Total charges
3
Outstanding
1
Active lenders
Status:Lender:5 of 5 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 10/01/2018 | 23/02/2026 | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 15/02/2016 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 13/02/2015 | — | |
| outstanding | Svenska Handelsbanken Ab (Publ) | A registered charge | 1 property | 30/07/2014 | — | |
| satisfied | Svenska Handelsbanken Ab (Publ) | A registered charge | — | 18/07/2014 | 23/02/2026 |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (46 total)
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-04-04
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-23
mortgage-satisfy-charge-full
mortgage · MR04
2026-02-23
accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-04-27
accounts-with-accounts-type-micro-entity
accounts · AA
2025-01-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-04-24
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-02-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2024-01-11
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-07-04
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-09
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2023-06-09
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-05-08
accounts-with-accounts-type-micro-entity
accounts · AA
2022-12-30