MULLIGAN MASONRY LTD
🏛️Establishedactive
SC653125 · ltd · incorporated 2020-01-30
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
—
Upgrade to see
Turnover
—
year to Jan 2026
Net worth
—
book net assets
Opportunity
72/100
Strong
What this business does
Primary activity: SIC 23700
Sector: Manufacturing
Investor take
PursueStrong opportunity: active trading company with strong profile and bankable structure.
Opportunity 72/100 (strong), bankability 75/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (58/100).
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
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
3 connected companies via shared directors
54
Filing history
14 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
72/100Strong
PassWatchWorth a lookStrongExceptional
Solid opportunity signal. Worth a dedicated memo and management meeting.
Business quality
65
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
85
Few red flags.
Signal strength
90
Good data coverage for analysis.
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2026-01-31 | 2025-01-31 |
|---|
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
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 (11 events)Click to expand
- 2026-02-11📄accounts-with-accounts-type-dormantaccounts · AA
- 2025-03-26📄accounts-with-accounts-type-dormantaccounts · AA
- 2024-09-03➕MULLIGAN, Alexandra Mary Thorburn appointeddirector
- 2024-09-03📄appoint-person-director-company-with-name-dateofficers · AP01
- 2024-04-16📄accounts-with-accounts-type-dormantaccounts · AA
- 2023-03-29📄accounts-with-accounts-type-dormantaccounts · AA
- 2022-10-17📄accounts-with-accounts-type-dormantaccounts · AA
- 2021-04-15📄accounts-with-accounts-type-dormantaccounts · AA
- 2020-01-30🏢Company incorporatedAs MULLIGAN MASONRY LTD
- 2020-01-30➕THORBURN, Mary Alison appointeddirector
- 2020-01-30📄incorporation-companyincorporation · NEWINC
Owner dependency
78/100
High — earn-out structure requiredMaterial founder dependency. Consider a 2-3 year earn-out and build in a handover plan before completion.
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 "MULLIGAN" — strong identity link between founder and business.
- +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.
Succession & seller-readiness
36/100
Weak signalLimited succession signal. Not a near-term off-market candidate.
SIGNALS
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
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
1 active beneficial owner · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Ms Mary Alison Thorburn Individual · British · DOB 08/1969 · age 57 | 75–100% | 75–100% | board control75-100% shares · 75-100% voting · board control | 30/01/2020 |
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 · Manufacturing · EH postcode area| Company | Est. value | Turnover | Net worth | Staff | Age | Opp | Director |
|---|---|---|---|---|---|---|---|
| PACE PRINT (EDINBURGH) LIMITED→ SC100481 · est 1986 · no financials extracted | — | — | — | — | 39y | — | — |
| PAPA BEAR WOODWORKING LTD→ SC844339 · est 2025 · no financials extracted | — | — | — | — | 1y | — | — |
| PARADIGM SHIFT OPEN STUDIO LTD→ SC785157 · est 2023 · no financials extracted | — | — | — | — | 2y | — | — |
| PATIENCE JEWELLERY LIMITED→ SC372932 · est 2010 · no financials extracted | — | — | — | — | 16y | — | — |
| PENTLAND BLACKSMITHS LTD→ SC653594 · est 2020 · no financials extracted | — | — | — | — | 6y | — | — |
| PENTLAND MEDICAL LTD.→ SC223422 · est 2001 · no financials extracted | — | — | — | — | 24y | — | — |
| PENTLAND SERVICES (UK) LTD→ SC388948 · est 2010 · no financials extracted | — | — | — | — | 15y | — | — |
| PERENCO NORTH SEA LIMITED→ SC293676 · est 2005 · no financials extracted | — | — | — | — | 20y | — | — |
| PERSY LTD→ SC853805 · est 2025 · no financials extracted | — | — | — | — | — | — | — |
| PHOTON FORCE LTD→ SC501215 · est 2015 · no financials extracted | — | — | — | — | 11y | — | — |
| PICSEA LTD→ SC535193 · est 2016 · no financials extracted | — | — | — | — | 9y | — | — |
| PIPE BINDERS LTD→ SC673996 · est 2020 · no financials extracted | — | — | — | — | 5y | — | — |
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
Incorporated2020-01-30
Jurisdictionscotland
Primary SIC23700 — SIC 23700
Registered office
5b Well Wynd
Tranent
East Lothian
EH33 2DX
United Kingdom
Filing status
Accounts
Next due: 2027-10-31
Last made up to: 2026-01-31
Confirmation statement
Next due: 2027-02-12
Last: 2026-01-29
Officers (2 active · 0 resigned)
MULLIGAN, Alexandra Mary Thorburn→
Activedirector · ~32y · appointed 2024-09-03
View their other companies + combined net worth →
THORBURN, Mary Alison→
Activedirector · ~57y · appointed 2020-01-30
View their other companies + combined net worth →
Click a director name to see their full track record across all companies.
Recent filings (14 total)
accounts-with-accounts-type-dormant
accounts · AA
2026-02-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-31
accounts-with-accounts-type-dormant
accounts · AA
2025-03-26
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-30
appoint-person-director-company-with-name-date
officers · AP01
2024-09-03
accounts-with-accounts-type-dormant
accounts · AA
2024-04-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-01-29
accounts-with-accounts-type-dormant
accounts · AA
2023-03-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-01-30
accounts-with-accounts-type-dormant
accounts · AA
2022-10-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-15
accounts-with-accounts-type-dormant
accounts · AA
2021-04-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-04-02
incorporation-company
incorporation · NEWINC
2020-01-30