MCKELLAR ACCOUNTANCY LTD

💤Zombieactive
SC558116 · ltd · incorporated 2017-02-20
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 Feb 2025
Net worth
£8.8k
book net assets
Opportunity
73/100
Strong
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What this business does
Primary activity: Accounting and auditing activities
Sector: Professional, scientific & technical
Investor take
Pursue
Strong opportunity: asset-holding vehicle with strong profile and bankable structure.

Opportunity 73/100 (strong), bankability 85/100. 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 (58/100).

🏦

Refinance opportunity

1 live charge · oldest 6.7y

45/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 6.7 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: high (80/100)

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
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
2 connected companies via shared directors
51
Filing history
35 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
65
Adequate — check latest filings for context.
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
Positive net assets
Net assets £8,811
Net assets shrinking
Down £14,700 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
£9k
↓ 63% YoY
Current Assets
£334k
↑ 13% YoY
Current Liabilities
£0£67k£134k£201k£268k£334kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-02-282024-02-28
Total assets£8.8k£33.4k
Current assets£334.5k£294.8k
Net assets£8.8k£23.5k

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
1
filing
  • 1 accounts
Last 180 days
2
filings
  • 1 accounts
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (21 events)Click to expand
  1. 2026-02-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-21
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2025-01-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2024-09-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2024-09-04
    🔓
    Charge satisfied #1
  6. 2023-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2022-11-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2021-12-21
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  9. 2021-12-08
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  10. 2021-04-16
    📄
    accounts-amended-with-accounts-type-micro-entity
    accounts · AAMD
  11. 2021-03-11
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2020-10-08
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  13. 2020-07-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  14. 2020-04-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  15. 2020-04-28
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  16. 2019-08-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  17. 2019-08-21
    🔒
    Charge registered #1
    Lender: Dsl Business Finance LTD
  18. 2019-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  19. 2019-03-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  20. 2017-02-20
    🏢
    Company incorporated
    As MCKELLAR ACCOUNTANCY LTD
  21. 2017-02-20
    MCKELLAR, Suzanne Louise appointed
    director

Owner dependency

95/100
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 "MCKELLAR" — strong identity link between founder and business.
  • +No director turnover: Company is 9 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

45/100
Moderate signal

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

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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
Mrs Suzanne Louise Mckellar
Individual · Scottish · DOB 09/1989 · age 37
2550%
25–50%board control25-50% shares · 25-50% voting · board control20/02/2017
Mr Mark Mckellar
Individual · Scottish · DOB 05/1986 · age 40
2550%
25–50%board control25-50% shares · 25-50% voting · board control20/02/2017
2 historic (ceased) PSCs
  • Mr Mark Mckellarceased 06/03/2018· 25-50% shares · 25-50% voting · board control · trust interest · firm interest
  • Mrs Suzanne Louise Mckellarceased 06/03/2018· 25-50% shares · 25-50% voting · board control · trust interest · firm interest

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
Incorporated2017-02-20
Jurisdictionscotland
Primary SIC69201 — Accounting and auditing activities

Registered office

Mckellar Accountancy, Unit Studio 2001 Mile End Mill, Abbeymill Business Centre Ltd
12 Seedhill Road
Paisley
Renfrewshire
PA1 1JS
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-01-01
Last: 2025-12-18

Officers (1 active · 0 resigned)

MCKELLAR, Suzanne Louise
director · ~37y · appointed 2017-02-20
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
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Dsl Business Finance
Dsl Business Finance LTD
A registered charge21/08/201904/09/2024

Recent filings (35 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2026-02-28
confirmation-statement-with-updates
confirmation-statement · CS01
2025-12-18
accounts-with-accounts-type-micro-entity
accounts · AA
2025-03-21
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-01-09
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-09
mortgage-satisfy-charge-full
mortgage · MR04
2024-09-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-03-15
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-03-16
accounts-with-accounts-type-micro-entity
accounts · AA
2022-11-30
confirmation-statement-with-updates
confirmation-statement · CS01
2022-03-04
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2021-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-12-08
confirmation-statement-with-updates
confirmation-statement · CS01
2021-04-22
accounts-amended-with-accounts-type-micro-entity
accounts · AAMD
2021-04-16