ANGUS MACIVER CONTRACTORS LIMITED

🌳Matureactive

SC054609 · ltd · incorporated 1973-11-28

Investment thesis

Property vehicle with leveraged stack — refinance / partial-release angle.

Why interesting: Asset-backed; value largely in underlying property; lender engagement likely possible.

Why risky: Multiple lenders to manage; inter-creditor friction and partial-release cost possible.

Opportunity decay

approaching window · 12-months

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

· Oldest live charge 47.9y old — refinance window within 12 months

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Aug 2025

Net worth

—

book net assets

Opportunity

74/100

Strong

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

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 bankable structure.

Opportunity 74/100 (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: Discharge stale live charges. 3 live charge(s) created 15+ years ago — likely paid but undischarged. Clean register. Most likely exit: share sale to pe / searcher (58/100).

🏦

Refinance opportunity

7 live charges · 2 lenders · oldest 47.9y

50/100

clean up first

Refinance viable after a tidy-up — address the highlighted items first.

· Oldest live charge is 47.9 years old — likely at or near maturity.
· Two lenders — manageable, but coordination required.
· Legal-friction score 25/100 — workable, but lender will want more DD.

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

Lenders & charges

7 charges (7/7 with lender, 7/7 with type)

Directors & officers

6 officers (2 active, 6 linked, 4 with DOB)

Ownership & PSC

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

Director network

Network not yet resolved

Filing history

107 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

74/100Strong

PassWatchWorth a lookStrongExceptional

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

Business quality

Active, clean filings, stable charge profile.

Acquirability

Some acquirability indicators.

Risk profile

Few red flags.

Signal strength

100

Good data coverage for analysis.

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

—

Current Assets

—

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-08-31	2024-08-31
Average employees	0	0

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

filings

• 1 accounts
• 1 confirmation-statement

Last 180 days

filings

• 1 accounts
• 1 confirmation-statement

Counts from Companies House filing history.

Corporate timeline (34 events)Click to expand

2026-02-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2025-02-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-04-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-03-07
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-04-11
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-05-27
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-02-09
➕
MACIVER, Garry appointed
director
2021-02-09
📄
appoint-person-director-company-with-name-date
officers · AP01
2021-02-08
📄
change-person-director-company-with-change-date
officers · CH01
2021-02-05
📄
termination-secretary-company-with-name-termination-date
officers · TM02
2021-02-05
📄
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2021-01-11
➖
MACIVER, Angus resigned
secretary
2020-02-20
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-03-05
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-04-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-06-06
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-05-31
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2007-09-14
🔓
Charge satisfied #2
1995-12-31
➕
MACIVER, Innes appointed
director
1995-12-31
➕
MACIVER, Angus appointed
secretary
1995-12-31
➖
MACIVER, Christina resigned
secretary
1995-12-31
➖
MACIVER, Angus resigned
director
1994-02-28
➖
MACIVER, Christina resigned
director
1992-04-06
🔓
Charge satisfied #1
1991-10-16
🔓
Charge satisfied #8
1991-10-16
🔓
Charge satisfied #7
1990-11-02
🔒
Charge registered #8
Lender: The Governor and Company of the Bank of Scotland
1990-07-05
🔒
Charge registered #7
Lender: The Governor and Company of the Bank of Scotland
1990-07-05
🔒
Charge registered #6
Lender: The Governor and Company of the Bank of Scotland
1990-07-05
🔒
Charge registered #5
Lender: The Governor and Company of the Bank of Scotland
1988-04-29
🔒
Charge registered #3
Lender: Anthony John Williams and Another
1981-02-25
🔒
Charge registered #2
Lender: The Governor and Company of the Bank of Scotland
1978-06-16
🔒
Charge registered #1
Lender: The Governor and Company of the Bank of Scotland
1973-11-28
🏢
Company incorporated
As ANGUS MACIVER CONTRACTORS LIMITED

Owner dependency

91/100

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

+Two-director setup: Only two active directors — typical of owner-managed SMEs but limits succession.
+Founder name in company name: Company name contains director surname "MACIVER" — strong identity link between founder and business.
+Long-tenure founder: Senior director has been in place 30 years — deep operational knowledge concentrated in one person.
+Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

66/100

Strong succession signal

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

SIGNALS

secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 30 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 52 years old and no new directors in the last 3 years — succession not yet being planned internally.
supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

1 med ·

Charge satisfaction-then-recreation pattern

medium

Multiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.

Shareholders & ownership

1 active beneficial owner

Name	Shares	Voting rights	Nature of control	Notified
Mrs Christina Maciver Individual · Scottish · DOB 08/1942 · age 84	25–50%	—	25-50% shares	06/04/2016

1 historic (ceased) PSC

Mr Angus Maciverceased 11/01/2021· 25-50% shares

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

Similar companies

Active · Property · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
AB PROPERTIES LTD→ SC846455 · est 2025 · no financials extracted	—	—	—	—	—	—	—
AB&MB PROPERTIES LTD→ SC841515 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
BUNCHREW ESTATE COMPANY LIMITED→ SC115393 · est 1988 · no financials extracted	—	—	—	—	37y	—	—
C & P PROPERTY LETS LTD→ SC835663 · est 2025 · no financials extracted	—	—	—	—	1y	—	—
CCL REAL ESTATE LIMITED→ SC777122 · est 2023 · no financials extracted	—	—	—	—	2y	—	—
COILTIE LETTINGS LTD→ SC883365 · est 2026 · no financials extracted	—	—	—	—	—	—	—
CRUACHAN FLATS LIMITED→ SC242899 · est 2003 · no financials extracted	—	—	—	—	23y	—	—
CUBOCANINVESTMENTS LTD→ SC819599 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
CULLODEN BUILDERS LIMITED→ SC080236 · est 1982 · no financials extracted	—	—	—	—	43y	—	—
DAWN HOMES (RESIDENTIAL) LIMITED→ SC545431 · est 2016 · no financials extracted	—	—	—	—	9y	—	—
DE LETS LTD→ SC852414 · est 2025 · no financials extracted	—	—	—	—	—	—	—
DELLICUTS LIMITED→ SC408554 · est 2011 · no financials extracted	—	—	—	—	14y	—	—

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

Incorporated1973-11-28

Jurisdictionscotland

Primary SIC68209 — Other letting and operating of own or leased real estate

Registered office

Cliff House

25 Academy Street

Fortrose

Ross Shire

IV10 8TW

Filing status

Accounts

Next due: 2027-05-27

Last made up to: 2025-08-31

Confirmation statement

Next due: 2027-01-14

Last: 2025-12-31

Officers (2 active · 4 resigned)

MACIVER, Garry→

director · ~45y · appointed 2021-02-09

View their other companies + combined net worth →

Active

MACIVER, Innes→

director · ~51y · appointed 1995-12-31

View their other companies + combined net worth →

Active

MACIVER, Angus→

secretary · appointed 1995-12-31 · resigned 2021-01-11

Resigned

MACIVER, Christina→

secretary · resigned 1995-12-31

Resigned

MACIVER, Angus→

director · ~80y · resigned 1995-12-31

Resigned

MACIVER, Christina→

director · ~84y · resigned 1994-02-28

Resigned

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

Mortgages & charges

Total charges

Outstanding

Active lenders

Status:Lender:7 of 7 shown

		Type	Properties
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	02/11/1990	16/10/1991
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	05/07/1990	16/10/1991
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	05/07/1990	—
outstanding	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	05/07/1990	—
outstanding	Anthony John Williams and Another	Standard security	2 properties	29/04/1988	—
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Bond & floating charge	1 property	25/02/1981	14/09/2007
satisfied	Lloyds Banking Group The Governor and Company of the Bank of Scotland	Standard security	1 property	16/06/1978	06/04/1992

Click column headers to sort. Use filters above to narrow by status and lender.