TQLMAC HOLDINGS LIMITED

🏛️Establishedactive
SC638959 · ltd · incorporated 2019-08-15
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.
🔒Estimated value
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Turnover
not disclosed
Net worth
book net assets
Opportunity
76/100
Strong
🔔
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What this business does

A likely dormant or shell-like holding vehicle incorporated in Scotland, probably used to own or control other assets or entities under the TQLMAC group structure, with minimal day-to-day operational activity based on its recurring dormant accounts filings.

Primary activity: Activities of other holding companies n.e.c.
Sector: Financial & insurance
Investor take
Pursue
Asset-holding vehicle with a 84-year-old founder — textbook succession opportunity.

Opportunity 76/100 (strong), bankability 75/100. Strong seller-intent signal (60/100, director aged 84). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (73/100).

Data confidence

Overall: medium (57/100)

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
No iXBRL financials extracted
0
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (2 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
16 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
76/100Strong
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
90
Good data coverage for analysis.

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 (13 events)Click to expand
  1. 2025-12-15
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  2. 2025-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-25
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  4. 2023-12-21
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2022-12-21
    📄
    accounts-with-accounts-type-dormant
    accounts · AA
  6. 2021-12-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2020-08-28
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  8. 2020-07-16
    📄
    accounts-with-accounts-type-small
    accounts · AA
  9. 2019-08-16
    📄
    change-account-reference-date-company-current-shortened
    accounts · AA01
  10. 2019-08-15
    🏢
    Company incorporated
    As TQLMAC HOLDINGS LIMITED
  11. 2019-08-15
    MENZIES, Ian Wallace appointed
    director
  12. 2019-08-15
    MENZIES, Wallace James appointed
    director
  13. 2019-08-15
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

86/100
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 age: Director aged approximately 84 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +No director turnover: Company is 7 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

66/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 84 years old. Natural succession window is now.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.

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

Tillicoultry Quarries 1931 Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
Tillicoultry Quarries 1931 Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
TQLMAC HOLDINGS LIMITED
This company · SC638959

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

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Tillicoultry Quarries 1931 Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control15/08/2019

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.

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Company details

Statusactive
Typeltd
Incorporated2019-08-15
Jurisdictionscotland
Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Rwm House
Kilbagie
Alloa
FK10 4DY
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-08-28
Last: 2025-08-14

Officers (2 active · 0 resigned)

MENZIES, Ian Wallace
director · ~84y · appointed 2019-08-15
View their other companies + combined net worth →
Active
MENZIES, Wallace James
director · ~53y · appointed 2019-08-15
View their other companies + combined net worth →
Active

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

Recent filings (16 total)

accounts-with-accounts-type-dormant
accounts · AA
2025-12-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-07
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-01-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-09-15
accounts-with-accounts-type-dormant
accounts · AA
2022-12-21
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-08-25
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-12-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-08-28
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2020-08-28
accounts-with-accounts-type-small
accounts · AA
2020-07-16
change-account-reference-date-company-current-shortened
accounts · AA01
2019-08-16