MACFARLANE LINN LTD

🌿Early-stageactive
SC804296 · ltd · incorporated 2024-03-25
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.
Why now
Window steady · low confidence
Stable recent picture — watch for any upcoming trigger event.
What changed my view
Last 30 days

No material changes in the last 30 days.

Last 90 days

No snapshot from 90 days ago — start tracking from today.

Last 180 days

No snapshot from 180 days ago — start tracking from today.

🔒Estimated value
Upgrade to see
Turnover
year to Mar 2025
Net worth
£418
book net assets
Opportunity
61/100
Worth a look
🔔
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What this business does
Primary activity: Travel agency activities
Sector: Administrative & support services
ALSO REGISTERED FOR
  • 79120Tour operator activities
Investor take
Special-situation opportunity
Distressed leisure with salvageable qualities — special-situations priority.

Opportunity 61/100 (worth a look), bankability 60/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. 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: share sale to pe / searcher (58/100).

Data confidence

Overall: medium (69/100)

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
1 year of iXBRL accounts extracted (no YoY comparison) + narrative notes parsed
50
Lenders & charges
Confirmed no charges registered
85
Directors & officers
2 officers (1 active, 2 linked, 2 with DOB)
90
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
5 filings
60
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
61/100Worth 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
50
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 · accounting standard not declared
Positive net assets
Net assets £418

Key financials

1 year extracted from filed iXBRL accounts
Cash
Net Worth
£418
Current Assets
£32
Current Liabilities

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-03-31
Total assets£418
Current assets£32
Net assets£418

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
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (8 events)Click to expand
  1. 2025-12-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-03-21
    LINN, Ian Hunter resigned
    director
  3. 2025-03-21
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  4. 2025-03-21
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  5. 2024-03-25
    🏢
    Company incorporated
    As MACFARLANE LINN LTD
  6. 2024-03-25
    MACFARLANE, Andrew Apichai appointed
    director
  7. 2024-03-25
    LINN, Ian Hunter appointed
    director
  8. 2024-03-25
    📄
    incorporation-company
    incorporation · NEWINC

Owner dependency

95/100
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.
  • +Young company: Only 2.3 years old — management layer unlikely to be developed.

Succession & seller-readiness

45/100
Moderate signal

Some succession indicators present. Worth watching; approach if sector/strategy fits.

SIGNALS
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.

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: 2026-04-07

Shareholders & ownership

1 active beneficial owner
NameSharesVoting rightsNature of controlNotified
Mr Andrew Apichai Macfarlane
Individual · Scottish · DOB 08/1987 · age 39
2550%
25–50%board control25-50% shares · 25-50% voting · board control25/03/2024
1 historic (ceased) PSC
  • Mr Ian Hunter Linnceased 21/03/2025· 25-50% shares · 25-50% voting · board control

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

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Peers ranked by estimated value, then turnover, then opportunity score.See all →
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Company details

Statusactive
Typeltd
Incorporated2024-03-25
Jurisdictionscotland
Primary SIC79110 — Travel agency activities

Registered office

Office 2/3 48 West George Street
Glasgow
G2 1BP
Scotland

Filing status

Accounts
Next due: 2026-12-31
Last made up to: 2025-03-31
Confirmation statement
Next due: 2026-04-07OVERDUE
Last: 2025-03-24

Officers (1 active · 1 resigned)

MACFARLANE, Andrew Apichai
director · ~39y · appointed 2024-03-25
View their other companies + combined net worth →
Active
LINN, Ian Hunter
director · ~58y · appointed 2024-03-25 · resigned 2025-03-21
Resigned

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

Recent filings (5 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-12-25
confirmation-statement-with-updates
confirmation-statement · CS01
2025-04-06
termination-director-company-with-name-termination-date
officers · TM01
2025-03-21
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-03-21
incorporation-company
incorporation · NEWINC
2024-03-25