MAYS OF DUNKELD LTD

🌿Early-stageactive
SC793776 · ltd · incorporated 2024-01-03
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.
🔒Estimated value
Upgrade to see
Turnover
year to Jan 2025
Net worth
£-184.7k
book net assets
Opportunity
62/100
Worth a look
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What this business does
Primary activity: Licenced restaurants
Sector: Accommodation & food service
Investor take
Pass (distressed without resilience)
Distressed active trading company — structural issues outweigh the discount.

Opportunity 62/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Biggest value-creation lever: Resolve: Confirmation statement overdue. Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal. Most likely exit: distressed disposal / insolvency (65/100).

Data confidence

Overall: medium (70/100)

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
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
4 officers (4 active, 4 linked, 2 with DOB)
80
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
3 connected companies via shared directors
54
Filing history
4 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
62/100Worth a look
PassWatchWorth a lookStrongExceptional 

Mixed signal. Worth opening the full target workup before deciding to pursue.

Business quality
50
Adequate — check latest filings for context.
Acquirability
55
Some acquirability indicators.
Risk profile
67
Some moderate concerns — review flags.
Signal strength
90
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · FRS 102
Negative net assets
Liabilities exceed assets by £184,719
Very low cash
Cash position: £-80479

Key financials

1 year extracted from filed iXBRL accounts
Cash
-£80k
Net Worth
-£185k
Current Assets
-£77k
Current Liabilities

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-31
Total assets£-184.7k
Current assets£-77.1k
Cash£-80.5k
Debtors£3.4k
Net assets£-184.7k

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
1
filing
  • 1 gazette
Last 90 days
1
filing
  • 1 gazette
Last 180 days
2
filings
  • 1 gazette
  • 1 accounts
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2026-04-14
    📄
    gazette-notice-compulsory
    gazette · GAZ1
  2. 2025-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2024-01-03
    🏢
    Company incorporated
    As MAYS OF DUNKELD LTD
  4. 2024-01-03
    MCDERMID, Alasdair appointed
    secretary
  5. 2024-01-03
    MCDERMID, Heather appointed
    secretary
  6. 2024-01-03
    MCDERMID, Alasdair appointed
    director
  7. 2024-01-03
    MCDERMID, Heather appointed
    director
  8. 2024-01-03
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

71/100
High — earn-out structure required

Material 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.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.
  • +Young company: Only 2.3 years old — management layer unlikely to be developed.

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 high ·
Confirmation statement overdue
high

Annual confirmation statement not filed on time. Required statutory filing — overdue is a strong discipline signal.

Evidence: Next due: 2026-01-16

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mrs Heather Mcdermid
Individual · British · DOB 10/1977 · age 49
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/01/2024
Mr Alasdair Mcdermid
Individual · British · DOB 10/1975 · age 51
2550%
25–50%board control25-50% shares · 25-50% voting · board control03/01/2024

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

8 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
Incorporated2024-01-03
Jurisdictionscotland
Primary SIC56101 — Licenced restaurants

Registered office

Lagmhor Office
Little Dunkeld
Dunkeld
Perth And Kinross
PH8 0AD
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-01-16OVERDUE
Last: 2025-01-02

Officers (4 active · 0 resigned)

MCDERMID, Alasdair
secretary · appointed 2024-01-03
View their other companies + combined net worth →
Active
MCDERMID, Heather
secretary · appointed 2024-01-03
View their other companies + combined net worth →
Active
MCDERMID, Alasdair
director · ~51y · appointed 2024-01-03
View their other companies + combined net worth →
Active
MCDERMID, Heather
director · ~49y · appointed 2024-01-03
View their other companies + combined net worth →
Active

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

Recent filings (4 total)

gazette-notice-compulsory
gazette · GAZ1
2026-04-14
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2025-01-13
incorporation-company
incorporation · NEWINC
2024-01-03