ALMICO LIMITED
🌳Matureactive
SC148672 · ltd · incorporated 1994-01-27
Investment thesis
Well-run mature business — low negotiation leverage; premium likely.
Why interesting: Textbook target; clean filings, stable trading.
Why risky: No pressure on seller; any deal likely at full price.
Opportunity decay
approaching window · 12-months
Approaching a transaction window — refinance or sale event plausible in the next 12 months.
- · Oldest live charge 31.7y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Aug 2025
Net worth
£636.0k
book net assets
Opportunity
79/100
Strong
What this business does
Primary activity: Other business support service activities n.e.c.
Sector: Administrative & support services
Investor take
PursueAsset-holding vehicle with a 74-year-old founder — textbook succession opportunity.
Opportunity 79/100 (strong), bankability 85/100. Strong seller-intent signal (93/100, director aged 74). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).
🏦
Refinance opportunity
7 live charges · 2 lenders · oldest 31.7y
70/100
ready
Refinance conversation should be productive — structure clean and timing right.
- · Oldest live charge is 31.7 years old — likely at or near maturity.
- · Two lenders — manageable, but coordination required.
- · Legal-friction score 15/100 — clean.
Data confidence
Overall: medium (79/100)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
7 charges (7/7 with lender, 7/7 with type)
90
Directors & officers
7 officers (3 active, 7 linked, 3 with DOB)
79
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
4 connected companies via shared directors
57
Filing history
113 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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
80
Strong succession / seller-readiness signals.
Risk profile
77
Few red flags.
Signal strength
100
Good data coverage for analysis.
Signals from accounts
Derived from iXBRL accounts · FRS 102Positive net assets
Net assets £636,034
Key financials
2 years extracted from filed iXBRL accountsCash
£28k
Net Worth
£636k
Current Assets
£29k
Current Liabilities
—
Hover to see exact values · click legend to toggle series
Financials
Extracted from Companies House accounts · FRS 102| Metric | 2025-08-31 | 2024-08-31 |
|---|---|---|
| Total assets | £636.0k | — |
| Current assets | £28.5k | — |
| Cash | £28.3k | — |
| Debtors | £235 | — |
| Net assets | £636.0k | — |
| Average employees | — | 300 |
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 accounts
Last 90 days
3
filings
- • 1 accounts
- • 1 officers
- • 1 confirmation-statement
Last 180 days
3
filings
- • 1 accounts
- • 1 officers
- • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (45 events)Click to expand
- 2026-04-23📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2026-03-05📄change-person-director-company-with-change-dateofficers · CH01
- 2025-04-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2024-05-07📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2023-05-29📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-05-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-05-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-05-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-05-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-05-16📄mortgage-satisfy-charge-fullmortgage · MR04
- 2022-05-16🔓Charge satisfied #9
- 2022-05-16🔓Charge satisfied #8
- 2022-05-16🔓Charge satisfied #6
- 2022-05-16🔓Charge satisfied #5
- 2022-05-16🔓Charge satisfied #4
- 2022-05-11📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2022-01-20📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-01📄change-person-director-company-with-change-dateofficers · CH01
- 2021-12-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-12-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2021-03-30📄accounts-with-accounts-type-total-exemption-fullaccounts · AA
- 2020-12-01📄change-person-director-company-with-change-dateofficers · CH01
- 2020-12-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2020-12-01📄change-to-a-person-with-significant-controlpersons-with-significant-control · PSC04
- 2018-04-16🔓Charge satisfied #1
- 2018-04-05🔓Charge satisfied #10
- 2014-06-01➕THOMSON, Jade Elizabeth appointeddirector
- 2012-05-10🔒Charge registered #10Lender: Bank of Scotland PLC
- 2007-01-12🔒Charge registered #9Lender: The Governor and Company of the Bank of Scotland
- 2005-07-08🔒Charge registered #8Lender: The Governor and Company of the Bank of Scotland
- 2003-12-22➕MCDONALD, Michelle appointedsecretary
- 2003-12-22➖MCDONALD, Alexander Carol resignedsecretary
- 2003-12-22➖MCDONALD, Michelle resigneddirector
- 1998-03-20🔒Charge registered #6Lender: The Governor and Company of the Bank of Scotland
- 1997-09-25🔒Charge registered #5Lender: The Governor and Company of the Bank of Scotland
- 1994-10-03🔒Charge registered #4Lender: The Governor and Company of the Bank of Scotland
- 1994-08-28🔒Charge registered #1Lender: The Governor and Company of the Bank of Scotland
- 1994-02-02➕MCDONALD, Alexander Caroll appointeddirector
- 1994-02-02➕MCDONALD, Alexander Carol appointedsecretary
- 1994-02-02➖OSWALDS OF EDINBURGH LIMITED resignedcorporate-nominee-secretary
- 1994-02-02➕MCDONALD, Michelle appointeddirector
- 1994-02-02➖JORDANS (SCOTLAND) LIMITED resignedcorporate-nominee-director
- 1994-01-27🏢Company incorporatedAs ALMICO LIMITED
- 1994-01-27➕OSWALDS OF EDINBURGH LIMITED appointedcorporate-nominee-secretary
- 1994-01-27➕JORDANS (SCOTLAND) LIMITED appointedcorporate-nominee-director
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 32 years — deep operational knowledge concentrated in one person.
- +Founder age: Director aged approximately 74 — succession pressure is live.
Succession & seller-readiness
96/100
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 74 years old. Natural succession window is now.
- secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
- primary20+ year tenure: Director in role 32 years. Very long tenure is a classic succession signal.
- secondaryStable-but-static management: Company is 32 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
mediumMultiple instances where a charge was satisfied and a new charge created within 6 months. Suggests active refinancing cycle.
Shareholders & ownership
2 active beneficial owners · dominant holder ≥75%| Name | Shares | Voting rights | Nature of control | Notified |
|---|---|---|---|---|
Mrs Michelle Mcdonald Individual · British · DOB 02/1964 · age 62 | 75–100% | 75–100% | 75-100% shares · 75-100% voting | 06/04/2016 |
Mr Alexander Caroll Mcdonald Individual · British · DOB 11/1952 · age 74 | — | — | sig. influencesignificant influence | 06/04/2016 |
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 →Similar companies
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|---|---|---|---|---|---|---|---|
| A.P. NEWALL & COMPANY LIMITED→ SC009943 · est 1917 · no financials extracted | — | — | — | — | 108y | — | — |
| AMPERSAND LANDSCAPE CONSTRUCTION SPECIALIST LTD→ SC758753 · est 2023 · no financials extracted | — | — | — | — | 3y | — | — |
| ANDREW WILSON INVESTMENTS LIMITED→ SC520155 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| ANGRY AZTEC LTD→ SC395392 · est 2011 · no financials extracted | — | — | — | — | 15y | — | — |
| ANIMA PILATES LIMITED→ SC883833 · est 2026 · no financials extracted | — | — | — | — | — | — | — |
| ANNA TAILOR DESIGN LTD→ SC708085 · est 2021 · no financials extracted | — | — | — | — | 4y | — | — |
| ANO MOVEMENTS LTD→ SC632320 · est 2019 · no financials extracted | — | — | — | — | 6y | — | — |
| ANSARI TECHNOLOGY LTD→ SC694747 · est 2021 · no financials extracted | — | — | — | — | 5y | — | — |
| ANTHEMIS FOUNDER LIMITED→ SC511567 · est 2015 · no financials extracted | — | — | — | — | 10y | — | — |
| APIS GP III LIMITED→ SC616225 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
| APIS GP IV LIMITED→ SC616217 · est 2018 · no financials extracted | — | — | — | — | 7y | — | — |
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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
Incorporated1994-01-27
Jurisdictionscotland
Primary SIC82990 — Other business support service activities n.e.c.
Registered office
Argyll House, Quarrywood Court
Livingston
West Lothian
EH54 6AX
Filing status
Accounts
Next due: 2027-05-31
Last made up to: 2025-08-31
Confirmation statement
Next due: 2027-02-10
Last: 2026-01-27
Officers (3 active · 4 resigned)
MCDONALD, Michelle→
Activesecretary · appointed 2003-12-22
View their other companies + combined net worth →
MCDONALD, Alexander Caroll→
Activedirector · ~74y · appointed 1994-02-02
View their other companies + combined net worth →
THOMSON, Jade Elizabeth→
Activedirector · ~41y · appointed 2014-06-01
View their other companies + combined net worth →
MCDONALD, Alexander Carol→
Resignedsecretary · appointed 1994-02-02 · resigned 2003-12-22
OSWALDS OF EDINBURGH LIMITED→
Resignedcorporate-nominee-secretary · appointed 1994-01-27 · resigned 1994-02-02
MCDONALD, Michelle→
Resigneddirector · ~62y · appointed 1994-02-02 · resigned 2003-12-22
JORDANS (SCOTLAND) LIMITED→
Resignedcorporate-nominee-director · appointed 1994-01-27 · resigned 1994-02-02
Click a director name to see their full track record across all companies.
Mortgages & charges
7
Total charges
0
Outstanding
0
Active lenders
Status:Lender:7 of 7 shown
| Type | Properties | |||||
|---|---|---|---|---|---|---|
| satisfied | Lloyds Banking Group Bank of Scotland PLC | Standard security | 1 property | 10/05/2012 | 05/04/2018 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 12/01/2007 | 16/05/2022 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 08/07/2005 | 16/05/2022 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 20/03/1998 | 16/05/2022 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 25/09/1997 | 16/05/2022 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Standard security | 1 property | 03/10/1994 | 16/05/2022 | |
| satisfied | Lloyds Banking Group The Governor and Company of the Bank of Scotland | Bond & floating charge | 1 property | 28/08/1994 | 16/04/2018 |
Recent filings (113 total)
accounts-with-accounts-type-total-exemption-full
accounts · AA
2026-04-23
change-person-director-company-with-change-date
officers · CH01
2026-03-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2026-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-04-29
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-01-28
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-05-07
confirmation-statement-with-updates
confirmation-statement · CS01
2024-01-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-05-29
confirmation-statement-with-updates
confirmation-statement · CS01
2023-01-30
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-16
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-16
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-16
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-16
mortgage-satisfy-charge-full
mortgage · MR04
2022-05-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-05-11