PETER MACLENNAN & COMPANY LIMITED

💤Zombieactive
SC013135 · ltd · incorporated 1924-04-23
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.
Why now
Window steady · low confidence
Steady and stalled — no momentum either way. Needs an approach trigger.
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 Jan 2025
Net worth
£760.7k
book net assets
Opportunity
79/100
Strong
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What this business does
Primary activity: Other letting and operating of own or leased real estate
Sector: Real estate
Investor take
Pursue
Strong opportunity: property-backed borrower with strong profile and acceptable with review structure.

Opportunity 79/100 (strong), bankability 70/100. High owner-dependency — earn-out structure likely required for clean transition. Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 1 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (73/100).

🏦

Refinance opportunity

4 live charges · 2 lenders · oldest 31.3y

30/100
under pressure

Refinance would be pressure-driven, not opportunity-driven. Expect tighter margins and covenant scrutiny.

  • · Oldest live charge is 31.3 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

Data confidence

Overall: medium (77/100)

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
2 years of iXBRL accounts extracted (YoY deltas available) + narrative notes parsed
75
Lenders & charges
4 charges (4/4 with lender, 4/4 with type)
90
Directors & officers
6 officers (2 active, 6 linked, 3 with DOB)
80
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
101 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
🔒Estimated company valuation

Sector-multiple EBITDA, turnover, and NAV-proxy valuation range with confidence tier — derived from extracted iXBRL financials.

Available from the Pro tier upwards.

See pricing →
Opportunity Score
79/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
85
Few red flags.
Signal strength
100
Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared
Positive net assets
Net assets £760,739
Net assets shrinking
Down £42,118 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£761k
↓ 5.2% YoY
Current Assets
£208k
↓ 27% YoY
Current Liabilities
—
£0£161k£321k£482k£642k£803kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2025-01-312024-01-31
Total assets£760.7k£802.9k
Current assets£207.5k£285.6k
Net assets£760.7k£802.9k

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 (31 events)Click to expand
  1. 2025-10-31
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2024-10-29
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  3. 2023-10-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  4. 2023-04-04
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  5. 2023-04-04
    🔓
    Charge satisfied #4
  6. 2023-02-20
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  7. 2023-02-20
    🔓
    Charge satisfied #1
  8. 2022-10-30
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  9. 2021-11-15
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  10. 2021-01-31
    📄
    accounts-with-accounts-type-unaudited-abridged
    accounts · AA
  11. 2019-10-29
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2018-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  13. 2018-07-09
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  14. 2018-07-09
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  15. 2018-07-09
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-07-09
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  17. 2017-10-20
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  18. 2017-09-18
    ➕
    MACLENNAN, Lynn appointed
    secretary
  19. 2017-09-18
    ➖
    MACLENNAN, Rosemary Isobel resigned
    secretary
  20. 2017-09-18
    ➖
    MACLENNAN, Rosemary Isobel resigned
    director
  21. 2016-10-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  22. 2007-03-08
    🔒
    Charge registered #4
    Lender: The Royal Bank of Scotland PLC
  23. 1996-08-13
    🔓
    Charge satisfied #3
  24. 1996-03-05
    🔒
    Charge registered #3
    Lender: Colin Hunter Roxburgh Tindal and Another
  25. 1995-10-20
    🔒
    Charge registered #2
    Lender: The Royal Bank of Scotland PLC
  26. 1995-02-17
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  27. 1991-07-05
    ➖
    MACLENNAN, Peter G resigned
    secretary
  28. 1991-07-05
    ➕
    MACLENNAN, Rosemary Isobel appointed
    secretary
  29. 1991-07-05
    ➖
    MACLENNAN, Peter G resigned
    director
  30. 1991-07-05
    ➕
    MACLENNAN, Rosemary Isobel appointed
    director
  31. 1924-04-23
    🏢
    Company incorporated
    As PETER MACLENNAN & COMPANY LIMITED

Owner dependency

98/100
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 "MACLENNAN" — strong identity link between founder and business.
  • +Senior director age: Director aged approximately 62 — approaching natural succession window.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • secondaryFounder aged 58+: Senior director is approximately 62. Early succession window.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • secondaryStable-but-static management: Company is 102 years old and no new directors in the last 3 years — succession not yet being planned internally.

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 Thomas Alastair Maclennan
Individual · British · DOB 05/1964 · age 62
75–100%
—75-100% shares06/04/2016

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 →
🔒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
Incorporated1924-04-23
Jurisdictionscotland
Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Hazelcroft
Achintore Road
Fort William
PH33 6RQ
Scotland

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-06-14
Last: 2025-05-31

Officers (2 active · 4 resigned)

MACLENNAN, Lynn→
secretary · appointed 2017-09-18
View their other companies + combined net worth →
Active
MACLENNAN, Thomas Alastair→
director · ~62y
View their other companies + combined net worth →
Active
MACLENNAN, Peter G→
secretary · resigned 1991-07-05
Resigned
MACLENNAN, Rosemary Isobel→
secretary · appointed 1991-07-05 · resigned 2017-09-18
Resigned
MACLENNAN, Peter G→
director · ~91y · resigned 1991-07-05
Resigned
MACLENNAN, Rosemary Isobel→
director · ~90y · appointed 1991-07-05 · resigned 2017-09-18
Resigned

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

Mortgages & charges

4
Total charges
1
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property08/03/200704/04/2023
satisfied
Colin Hunter Roxburgh Tindal and Another
Standard security1 property05/03/199613/08/1996
outstanding
Lloyds Banking Group
The Royal Bank of Scotland PLC
Standard security1 property20/10/1995—
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property17/02/199520/02/2023
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (101 total)

accounts-with-accounts-type-micro-entity
accounts · AA
2025-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-07-07
accounts-with-accounts-type-micro-entity
accounts · AA
2024-10-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-07-08
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-07-03
mortgage-satisfy-charge-full
mortgage · MR04
2023-04-04
mortgage-satisfy-charge-full
mortgage · MR04
2023-02-20
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2022-10-30
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-07-02
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-11-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-07-01
accounts-with-accounts-type-unaudited-abridged
accounts · AA
2021-01-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-06-01
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-29