M.T.M.CONSTRUCTION LIMITED
📈Growthactive
SC056163 · ltd · incorporated 1974-08-09
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 51.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2024
Net worth
—
book net assets
Opportunity
82/100
Exceptional
What this business does
Primary activity: Construction of roads and motorways
Sector: Construction
Investor take
PursueLeverage-led grower with a 76-year-old founder — textbook succession opportunity.
Opportunity 82/100 (exceptional), bankability 65/100. Strong seller-intent signal (83/100, director aged 76). 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: strategic trade sale (78/100).
🏦
Refinance opportunity
4 live charges · 2 lenders · oldest 51.5y
60/100
clean up first
Refinance viable after a tidy-up — address the highlighted items first.
- · Oldest live charge is 51.5 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.
- · Profitable and stable/growing — lender coverage supportable.
Data confidence
Overall: medium (78/100)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
11 officers (3 active, 11 linked, 8 with DOB)
85
Ownership & PSC
1 active PSC(s) of 1 total, 1 with control declared
90
Director network
Network not yet resolved
30
Filing history
129 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
82/100Exceptional
PassWatchWorth a lookStrongExceptional
Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.
Business quality
70
Active, clean filings, stable charge profile.
Acquirability
80
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 · FRS 102Profitable
Profit before tax £977,803
Key financials
2 years extracted from filed iXBRL accountsCash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2024-08-31 | 2023-08-31 |
|---|---|---|
| Profit before tax | £977.8k | £568.5k |
| Average employees | 5200 | 5600 |
Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.
🔒Filing-note intelligence
2 signals 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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
- 2025-05-27📄accounts-with-accounts-type-fullaccounts · AA
- 2025-04-28📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-28📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2025-04-28📄change-person-director-company-with-change-dateofficers · CH01
- 2024-05-29📄accounts-with-accounts-type-fullaccounts · AA
- 2024-04-29📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2024-04-29📍change-registered-office-address-company-with-date-old-address-new-addressaddress · AD01
- 2024-04-25📄appoint-corporate-secretary-company-with-name-dateofficers · AP04
- 2024-04-24➕LC SECRETARIES LIMITED appointedcorporate-secretary
- 2024-01-24📄capital-cancellation-sharescapital · SH06
- 2024-01-24📄capital-return-purchase-own-sharescapital · SH03
- 2024-01-24📄capital-return-purchase-own-sharescapital · SH03
- 2024-01-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-10📄termination-director-company-with-name-termination-dateofficers · TM01
- 2024-01-04📄resolutionresolution · RESOLUTIONS
- 2024-01-04📄resolutionresolution · RESOLUTIONS
- 2023-12-19📄change-person-director-company-with-change-dateofficers · CH01
- 2023-12-18➖MITCHELL, Roderick Charles resigneddirector
- 2023-12-18➖OLLASON, Barry James resigneddirector
- 2023-05-30📄accounts-with-accounts-type-fullaccounts · AA
- 2022-08-08📄accounts-with-accounts-type-fullaccounts · AA
- 2022-02-23📄termination-director-company-with-name-termination-dateofficers · TM01
- 2021-05-31📄accounts-with-accounts-type-fullaccounts · AA
- 2020-05-15➖MACRAE, John Alexander resignedsecretary
- 2016-01-08➖ELRICK, John Robin resigneddirector
- 2011-06-28🔒Charge registered #6Lender: Clydesdale Bank PLC
- 2008-08-31➖FOOTE, David Henry resigneddirector
- 2007-09-01➕MUTCH, Gordon Alexander appointeddirector
- 2007-09-01➕MITCHELL, Roderick Charles appointeddirector
- 2007-04-12➖DUGUID, Frank resigneddirector
- 1998-06-01➕MACRAE, John Alexander appointedsecretary
- 1998-06-01➖PARK & MACRAE resignedcorporate-secretary
- 1990-05-31➖MIDDLETON, Lewis Neil Murray resigneddirector
- 1989-09-01➕OLLASON, Barry James appointeddirector
- 1985-02-14🔒Charge registered #5Lender: Clydesdale Bank Public Limited Company
- 1978-02-27🔒Charge registered #2Lender: Clydesdale Bank Public Limited Company
- 1974-10-16🔒Charge registered #1Lender: Clydesdale Bank Public Limited Company
- 1974-08-09🏢Company incorporatedAs M.T.M.CONSTRUCTION LIMITED
Owner dependency
83/100
Critical — business is the founderThe 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.
- +Long-tenure founder: Senior director has been in place 19 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 76 — succession pressure is live.
Succession & seller-readiness
79/100
Likely off-market candidateStrong acquirability signals converging. Worth approaching directly — this is how off-market deals start.
SIGNALS
- primaryFounder aged 70+: Senior director is approximately 76 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- secondary12+ year tenure: Director in role 19 years.
- supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.
Red flags
cleanNo 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| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mr Douglas Richard Milne Individual · British · DOB 04/1950 · age 76 | 50–75% | — | 50-75% shares | 17/04/2016 |
From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.
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|---|---|---|---|---|---|---|---|
| A CROMBIE LTD→ SC527057 · est 2016 · no financials extracted | — | — | — | — | 10y | — | — |
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| ABSCOT LIMITED→ SC608506 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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| ABZ FIRE & SECURITY LIMITED→ SC828199 · est 2024 · no financials extracted | — | — | — | — | 1y | — | — |
| AC/DC NORTHEAST LIMITED→ SC880720 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ACCJB LTD→ SC646422 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
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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
Incorporated1974-08-09
Jurisdictionscotland
Primary SIC42110 — Construction of roads and motorways
Registered office
Johnstone House
52-54 Rose Street
Aberdeen
AB10 1HA
United Kingdom
Filing status
Accounts
Next due: 2026-05-31
Last made up to: 2024-08-31
Confirmation statement
Next due: 2026-05-16
Last: 2025-05-02
Officers (3 active · 8 resigned)
LC SECRETARIES LIMITED→
Activecorporate-secretary · appointed 2024-04-24
View their other companies + combined net worth →
Active
MUTCH, Gordon Alexander→
Activedirector · ~64y · appointed 2007-09-01
View their other companies + combined net worth →
MACRAE, John Alexander→
Resignedsecretary · appointed 1998-06-01 · resigned 2020-05-15
PARK & MACRAE→
Resignedcorporate-secretary · resigned 1998-06-01
DUGUID, Frank→
Resigneddirector · ~80y · resigned 2007-04-12
ELRICK, John Robin→
Resigneddirector · ~71y · resigned 2016-01-08
FOOTE, David Henry→
Resigneddirector · ~78y · resigned 2008-08-31
MIDDLETON, Lewis Neil Murray→
Resigneddirector · ~78y · resigned 1990-05-31
MITCHELL, Roderick Charles→
Resigneddirector · ~63y · appointed 2007-09-01 · resigned 2023-12-18
OLLASON, Barry James→
Resigneddirector · ~66y · appointed 1989-09-01 · resigned 2023-12-18
Click a director name to see their full track record across all companies.
Mortgages & charges
4
Total charges
4
Outstanding
1
Active lenders
Status:Lender:4 of 4 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| outstanding | Virgin Money Clydesdale Bank PLC | Floating charge | 1 property | 28/06/2011 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Standard security | 1 property | 14/02/1985 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Bond & standard security | 1 property | 27/02/1978 | — | |
| outstanding | Virgin Money Clydesdale Bank Public Limited Company | Floating charge | 1 property | 16/10/1974 | — |
Click column headers to sort. Use filters above to narrow by status and lender.
Recent filings (129 total)
accounts-with-accounts-type-full
accounts · AA
2025-05-27
confirmation-statement-with-updates
confirmation-statement · CS01
2025-05-02
change-person-director-company-with-change-date
officers · CH01
2025-04-28
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2025-04-28
change-person-director-company-with-change-date
officers · CH01
2025-04-28
accounts-with-accounts-type-full
accounts · AA
2024-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2024-05-07
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2024-04-29
change-registered-office-address-company-with-date-old-address-new-address
address · AD01
2024-04-29
appoint-corporate-secretary-company-with-name-date
officers · AP04
2024-04-25
capital-cancellation-shares
capital · SH06
2024-01-24
capital-return-purchase-own-shares
capital · SH03
2024-01-24
capital-return-purchase-own-shares
capital · SH03
2024-01-24
termination-director-company-with-name-termination-date
officers · TM01
2024-01-10
termination-director-company-with-name-termination-date
officers · TM01
2024-01-10