C M MACFARLANE LTD

💤Zombieactive
SC654406 · ltd · incorporated 2020-02-13
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
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Turnover
year to Feb 2025
Net worth
£-23.4k
book net assets
Opportunity
76/100
Strong
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What this business does
Primary activity: SIC 03120
Sector: Agriculture, forestry & fishing
ALSO REGISTERED FOR
  • 71122Engineering related scientific and technical consulting activities
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 76/100 (strong), bankability 75/100. 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).

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, 2 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
1 officers (1 active, 1 linked, 1 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
14 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.

Signals from accounts

Derived from iXBRL accounts · FRS 105 (micro)
Negative net assets
Liabilities exceed assets by £23,431

Key financials

2 years extracted from filed iXBRL accounts
Cash
Net Worth
-£23k
↓ 14% YoY
Current Assets
Current Liabilities
-£23k-£23k-£22k-£22k-£21k-£21kFeb 2024Feb 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 105 (micro)
Metric2025-02-282024-02-29
Total assets£-22.7k£-19.7k
Net assets£-23.4k£-20.5k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

🔒Filing-note intelligence

2 signals 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 confirmation-statement
Last 180 days
2
filings
  • 1 confirmation-statement
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (10 events)Click to expand
  1. 2025-11-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-11-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-11-27
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  4. 2022-05-22
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2021-11-10
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2021-08-17
    📄
    gazette-filings-brought-up-to-date
    gazette · DISS40
  7. 2021-06-08
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  8. 2020-02-13
    🏢
    Company incorporated
    As C M MACFARLANE LTD
  9. 2020-02-13
    MACFARLANE, Charles Murphy appointed
    director
  10. 2020-02-13
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

100/100
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 "MACFARLANE" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +No director turnover: Company is 6 years old with no director changes — suggests a very tight-knit founder team never broadened.

Succession & seller-readiness

65/100
Strong succession signal

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

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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Charles Murphy Macfarlane
Individual · British · DOB 11/1963 · age 63
75100%
75-100% shares13/02/2020

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.

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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
Incorporated2020-02-13
Jurisdictionscotland
Primary SIC03120 — SIC 03120

Registered office

14 Stoneyhill Road
Musselburgh
EH21 6TH
Scotland

Filing status

Accounts
Next due: 2026-11-30
Last made up to: 2025-02-28
Confirmation statement
Next due: 2027-02-26
Last: 2026-02-12

Officers (1 active · 0 resigned)

MACFARLANE, Charles Murphy
director · ~63y · appointed 2020-02-13
View their other companies + combined net worth →
Active

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

Recent filings (14 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-02-13
accounts-with-accounts-type-micro-entity
accounts · AA
2025-11-24
confirmation-statement-with-updates
confirmation-statement · CS01
2025-02-17
accounts-with-accounts-type-micro-entity
accounts · AA
2024-11-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-03-25
accounts-with-accounts-type-micro-entity
accounts · AA
2023-11-27
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-03-27
accounts-with-accounts-type-micro-entity
accounts · AA
2022-05-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-03-15
accounts-with-accounts-type-micro-entity
accounts · AA
2021-11-10
gazette-filings-brought-up-to-date
gazette · DISS40
2021-08-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-08-16
gazette-notice-compulsory
gazette · GAZ1
2021-06-08
incorporation-company
incorporation · NEWINC
2020-02-13