M&W (STORNOWAY) LIMITED

🏛️Establishedactive
SC615218 · ltd · incorporated 2018-12-03
Investment thesis
Property vehicle with leveraged stack — refinance / partial-release angle.
Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.
Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Dec 2024
Net worth
£76.0k
book net assets
Opportunity
78/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 78/100 (strong), bankability 67/100. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 5.0y

35/100
too messy

Refinance path is blocked by complexity. Rethink structure or expect bespoke, expensive terms.

  • · Oldest live charge is 5.0 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: high (83/100)

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
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
5 officers (3 active, 5 linked, 5 with DOB)
90
Ownership & PSC
2 active PSC(s) of 5 total, 5 with control declared
90
Director network
10 connected companies via shared directors
75
Filing history
33 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
78/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
65
Adequate — check latest filings for context.
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 · FRS 105 (micro)
Positive net assets
Net assets £75,960

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£76k
↑ 1901% YoY
Current Assets
£43k
↑ 3.1% YoY
Current Liabilities
—
£0£15k£30k£46k£61k£76kDec 2023Dec 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2024-12-312023-12-31
Total assets£989.5k£1.02M
Current assets£43.1k£41.8k
Net assets£76.0k£3.8k

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
0
filings
Counts from Companies House filing history.
Corporate timeline (34 events)Click to expand
  1. 2025-07-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-05-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  3. 2025-05-02
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  4. 2025-05-02
    🔓
    Charge satisfied #3
  5. 2025-05-02
    🔓
    Charge satisfied #2
  6. 2025-04-22
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  7. 2025-04-22
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  8. 2025-04-04
    ➕
    MACKAY, Iain Hector appointed
    director
  9. 2025-04-04
    ➖
    MACKAY, Murdoch Macphail resigned
    director
  10. 2024-10-04
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2024-05-02
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  12. 2023-08-14
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  13. 2023-01-24
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  14. 2023-01-24
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  15. 2022-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  16. 2021-11-10
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  17. 2021-11-08
    📄
    mortgage-alter-floating-charge-with-number
    mortgage · 466(Scot)
  18. 2021-11-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  19. 2021-11-03
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  20. 2021-10-27
    🔒
    Charge registered #3
    Lender: Highlands and Islands Enterprise
  21. 2021-10-22
    🔒
    Charge registered #4
    Lender: Highland and Islands Enterprise
  22. 2021-09-30
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  23. 2021-05-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  24. 2021-05-08
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2021-05-05
    🔒
    Charge registered #2
    Lender: Comhairle Nan Eilean Siar
  26. 2021-04-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  27. 2021-04-21
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  28. 2021-04-21
    🔒
    Charge registered #1
    Lender: Comhairle Nan Eilean Siar
  29. 2020-12-22
    ➕
    MACDONALD, Debbie Kerr appointed
    director
  30. 2020-12-22
    ➖
    CUNNINGHAM, Roderick resigned
    director
  31. 2020-12-22
    ➕
    MACKAY, Murdoch Macphail appointed
    director
  32. 2018-12-03
    🏢
    Company incorporated
    As M&W (STORNOWAY) LIMITED
  33. 2018-12-03
    ➕
    CUNNINGHAM, John appointed
    director
  34. 2018-12-03
    ➕
    CUNNINGHAM, Roderick appointed
    director

Owner dependency

58/100
Moderate — manageable with handover

Some founder dependency, but not acute. A structured handover period should cover most risk.

FACTORS
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.

Succession & seller-readiness

50/100
Moderate signal

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 63. Approaching typical UK retirement age — succession thinking likely.

Red flags

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Group structure

2 corporate shareholders identified. Group structure is distributed.

🏛️
Braighe Holdings Ltd
Corporate parent · holds 25-50% shares
significant stake
🏛️
Duncan Mackay And Sons Limited
Corporate parent · holds 25-50% shares
significant stake
⬇
M&W (STORNOWAY) LIMITED
This company · SC615218

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Braighe Holdings Ltd
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting12/04/2022
Duncan Mackay And Sons Limited
Corporate entity
25–50%
25–50%25-50% shares · 25-50% voting22/12/2020
3 historic (ceased) PSCs
  • Car Hire Hebrides Ltdceased 12/04/2022· 25-50% shares · 25-50% voting
  • Mr John Cunninghamceased 22/12/2020· 50-75% shares · 50-75% voting
  • Mr Roderick Cunninghamceased 13/11/2020· 25-50% shares · 25-50% voting

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

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
Incorporated2018-12-03
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

26 Lewis Street
Stornoway
Isle Of Lewis
HS1 2JF
Scotland

Filing status

Accounts
Next due: 2026-09-30
Last made up to: 2024-12-31
Confirmation statement
Next due: 2026-10-18
Last: 2025-10-04

Officers (3 active · 2 resigned)

CUNNINGHAM, John→
director · ~63y · appointed 2018-12-03
View their other companies + combined net worth →
Active
MACDONALD, Debbie Kerr→
director · ~45y · appointed 2020-12-22
View their other companies + combined net worth →
Active
MACKAY, Iain Hector→
director · ~57y · appointed 2025-04-04
View their other companies + combined net worth →
Active
CUNNINGHAM, Roderick→
director · ~72y · appointed 2018-12-03 · resigned 2020-12-22
Resigned
MACKAY, Murdoch Macphail→
director · ~60y · appointed 2020-12-22 · resigned 2025-04-04
Resigned

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

Mortgages & charges

4
Total charges
2
Outstanding
2
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Highlands and Islands Enterprise
A registered charge1 property27/10/202102/05/2025
outstanding
Highland and Islands Enterprise
A registered charge—22/10/2021—
satisfied
Comhairle Nan Eilean Siar
A registered charge1 property05/05/202102/05/2025
outstanding
Comhairle Nan Eilean Siar
A registered charge1 property21/04/2021—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (33 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-10-24
accounts-with-accounts-type-micro-entity
accounts · AA
2025-07-31
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-02
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-02
appoint-person-director-company-with-name-date
officers · AP01
2025-04-22
termination-director-company-with-name-termination-date
officers · TM01
2025-04-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-10-04
confirmation-statement-with-updates
confirmation-statement · CS01
2024-10-04
accounts-with-accounts-type-micro-entity
accounts · AA
2024-05-02
confirmation-statement-with-updates
confirmation-statement · CS01
2023-12-21
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2023-01-24
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-24
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2023-01-24
accounts-with-accounts-type-micro-entity
accounts · AA
2022-09-30