MGD2 LIMITED

🌿Early-stageactive

SC747313 · ltd · incorporated 2022-10-13

Investment thesis

Growth-phase business — story-led; valuation sensitive to momentum.

Why interesting: Trading is scaling; acquirers paying for trajectory get disproportionate leverage.

Why risky: Price often leads fundamentals; dependency on founder often high.

Opportunity decay

approaching window · 12-months

Approaching a transaction window — refinance or sale event plausible in the next 12 months.

· Oldest live charge 3.2y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Oct 2024

Net worth

£-479

book net assets

Opportunity

69/100

Strong

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What this business does

Primary activity: Activities of other holding companies n.e.c.

Sector: Financial & insurance

Investor take

Pass (distressed without resilience)

Distressed asset-holding vehicle — structural issues outweigh the discount.

Opportunity 69/100 (strong), bankability 80/100. Share purchase looks the cleaner deal structure. Most likely exit: distressed disposal / insolvency (65/100).

🏦

Refinance opportunity

1 live charge · oldest 3.2y

75/100

ready

Refinance conversation should be productive — structure clean and timing right.

· Charge age ~3.2 years — mid-life; refi window approaching.
· Single lender — cleanest path to refinance.
· Legal-friction score 23/100 — clean.

Data confidence

Overall: medium (76/100)

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

1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed

Lenders & charges

1 charges (1/1 with lender, 1/1 with type)

Directors & officers

8 officers (3 active, 8 linked, 7 with DOB)

Ownership & PSC

1 active PSC(s) of 2 total, 2 with control declared

Director network

12 connected companies via shared directors

Filing history

29 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

69/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Adequate — check latest filings for context.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Negative net assets

Liabilities exceed assets by £479

Key financials

1 year extracted from filed iXBRL accounts

Cash

£4k

Net Worth

-£479

Current Assets

—

Current Liabilities

—

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2024-10-31
Total assets	£668.3k
Cash	£3.8k
Net assets	£-479

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

filings

Last 90 days

filing

• 1 persons-with-significant-control

Last 180 days

filings

• 6 officers
• 1 persons-with-significant-control
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (39 events)Click to expand

2026-02-05
📄
change-to-a-person-with-significant-control
persons-with-significant-control · PSC05
2026-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2026-01-08
📄
termination-director-company-with-name-termination-date
officers · TM01
2026-01-08
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-12-22
➕
D'AMICO, Lance Edward appointed
director
2025-12-22
➕
LAMPO, Craig Anthony appointed
director
2025-12-22
➖
CHRISTIE, Colin resigned
director
2025-12-22
➖
MAIR, Patrick Philip resigned
director
2025-12-22
➖
TWAALFHOVEN, Mark resigned
director
2025-12-22
➖
YANG, Cathy resigned
director
2025-06-04
📄
memorandum-articles
incorporation · MA
2025-06-04
📄
resolution
resolution · RESOLUTIONS
2025-06-04
📄
change-account-reference-date-company-current-extended
accounts · AA01
2025-06-04
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2025-06-03
📍
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2025-06-03
📄
termination-director-company-with-name-termination-date
officers · TM01
2025-06-03
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-06-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
📄
appoint-person-director-company-with-name-date
officers · AP01
2025-06-03
📄
appoint-corporate-secretary-company-with-name-date
officers · AP04
2025-05-19
📄
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-05-16
➕
OAKWOOD CORPORATE SECRETARY LIMITED appointed
corporate-secretary
2025-05-16
➕
CHRISTIE, Colin appointed
director
2025-05-16
➖
GREIG, Matthew resigned
director
2025-05-16
➕
MAIR, Patrick Philip appointed
director
2025-05-16
➕
TWAALFHOVEN, Mark appointed
director
2025-05-16
➕
YANG, Cathy appointed
director
2025-05-15
📄
change-account-reference-date-company-previous-extended
accounts · AA01
2025-05-15
📄
mortgage-satisfy-charge-full
mortgage · MR04
2025-05-15
🔓
Charge satisfied #1
2025-05-09
📄
change-account-reference-date-company-previous-shortened
accounts · AA01
2023-02-06
🔒
Charge registered #1
Lender: Peter Airth Greig
2022-10-13
🏢
Company incorporated
As MGD2 LIMITED
2022-10-13
➕
GREIG, Matthew 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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.

Succession & seller-readiness

36/100

Weak signal

Limited 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

1 med ·

5 director resignations in last 12 months

medium

Multiple recent departures can indicate governance disagreement, succession event, or preparation for sale/stress.

Evidence: CHRISTIE, Colin resigned 2025-12-22; GREIG, Matthew resigned 2025-05-16; MAIR, Patrick Philip resigned 2025-12-22

Group structure

Tpc Ukco Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️

Tpc Ukco Limited

Corporate parent · holds 75-100% shares · board control

ultimate parent

⬇

MGD2 LIMITED

This company · SC747313

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%

Name	Shares	Voting rights	Nature of control	Notified
Tpc Ukco Limited Corporate entity	75–100%	75–100%	board control75-100% shares · 75-100% voting · board control	16/05/2025

1 historic (ceased) PSC

Mr Matthew Greigceased 16/05/2025· 75-100% shares · 75-100% voting · board control

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 · Holding company · AB postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
KUIPER GROUP UK LIMITED→ SC595956 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
L DEA PROPERTY LIMITED→ SC803888 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
LAING TRADITIONAL MASONRY NORTH LIMITED→ SC371637 · est 2010 · no financials extracted	—	—	—	—	16y	—	—
LOVIE HOLDINGS LTD→ SC595439 · est 2018 · no financials extracted	—	—	—	—	7y	—	—
MALLARD NORTH EAST LTD→ SC727011 · est 2022 · no financials extracted	—	—	—	—	4y	—	—
MARKTEN LIMITED→ SC441094 · est 2013 · no financials extracted	—	—	—	—	13y	—	—
MEARNS & GILL HOLDINGS LIMITED→ SC755159 · est 2023 · no financials extracted	—	—	—	—	3y	—	—
MEARNS PROPERTY MANAGEMENT LTD→ SC795927 · est 2024 · no financials extracted	—	—	—	—	2y	—	—
MFL JOINT HOLDINGS LIMITED→ SC878980 · est 2026 · no financials extracted	—	—	—	—	—	—	—
MODUTEC GROUP HOLDINGS LIMITED→ SC851599 · est 2025 · no financials extracted	—	—	—	—	—	—	—
MONBODDO RESIDENTS ASSOCIATION LIMITED→ SC080182 · est 1982 · no financials extracted	—	—	—	—	43y	—	—
MONO GROUP PENSION TRUSTEES LIMITED→ SC109421 · est 1988 · no financials extracted	—	—	—	—	38y	—	—

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

Incorporated2022-10-13

Jurisdictionscotland

Primary SIC64209 — Activities of other holding companies n.e.c.

Registered office

Unit 5, Altec Centre Minto Drive

Altens Industrial Estate

Aberdeen

Scotland

AB12 3LW

Scotland

Filing status

Accounts

Next due: 2026-09-30

Last made up to: 2024-10-31

Confirmation statement

Next due: 2026-10-26

Last: 2025-10-12

Officers (3 active · 5 resigned)

OAKWOOD CORPORATE SECRETARY LIMITED→

corporate-secretary · appointed 2025-05-16

View their other companies + combined net worth →

Active

D'AMICO, Lance Edward→

director · ~57y · appointed 2025-12-22

View their other companies + combined net worth →

Active

LAMPO, Craig Anthony→

director · ~57y · appointed 2025-12-22

View their other companies + combined net worth →

Active

CHRISTIE, Colin→

director · ~53y · appointed 2025-05-16 · resigned 2025-12-22

Resigned

GREIG, Matthew→

director · ~35y · appointed 2022-10-13 · resigned 2025-05-16

Resigned

MAIR, Patrick Philip→

director · ~32y · appointed 2025-05-16 · resigned 2025-12-22

Resigned

TWAALFHOVEN, Mark→

director · ~66y · appointed 2025-05-16 · resigned 2025-12-22

Resigned

YANG, Cathy→

director · ~54y · appointed 2025-05-16 · resigned 2025-12-22

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:1 of 1 shown

			Type	Properties
	satisfied	Peter Airth Greig	A registered charge	—	06/02/2023	15/05/2025

Recent filings (29 total)

change-to-a-person-with-significant-control

persons-with-significant-control · PSC05

2026-02-05

termination-director-company-with-name-termination-date

officers · TM01

2026-01-08

termination-director-company-with-name-termination-date

officers · TM01

2026-01-08

termination-director-company-with-name-termination-date

officers · TM01

2026-01-08

appoint-person-director-company-with-name-date

officers · AP01

2026-01-08

termination-director-company-with-name-termination-date

officers · TM01

2026-01-08

appoint-person-director-company-with-name-date

officers · AP01

2026-01-08

confirmation-statement-with-updates

confirmation-statement · CS01

2025-11-03

memorandum-articles

incorporation · MA

2025-06-04

resolution

resolution · RESOLUTIONS

2025-06-04

change-account-reference-date-company-current-extended

accounts · AA01

2025-06-04

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC02

2025-06-04

change-registered-office-address-company-with-date-old-address-new-address

address · AD01

2025-06-03

termination-director-company-with-name-termination-date

officers · TM01

2025-06-03

cessation-of-a-person-with-significant-control

persons-with-significant-control · PSC07

2025-06-03