MCCLENAGHAN OF SLAMANNAN LTD.

💤Zombieactive
SC223696 · ltd · incorporated 2001-09-26
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 Sept 2024
Net worth
£1.79M
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Active trading company with a 71-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Discharge stale live charges. 2 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

2 live charges · 2 lenders · oldest 23.7y

30/100
under pressure

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

  • · Oldest live charge is 23.7 years old — likely at or near maturity.
  • · Two lenders — manageable, but coordination required.
  • · Distress signals active — lender appetite narrows.

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
2 charges (2/2 with lender, 2/2 with type)
90
Directors & officers
6 officers (1 active, 6 linked, 2 with DOB)
77
Ownership & PSC
2 active PSC(s) of 2 total, 2 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
65 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
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 · accounting standard not declared
Positive net assets
Net assets £1,792,443

Key financials

2 years extracted from filed iXBRL accounts
Cash
£797k
Net Worth
£1.8m
Current Assets
£1.2m
Current Liabilities
—
£0£358k£717k£1.1m£1.4m£1.8mSept 2023Sept 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-09-302023-09-30
Total assets£2.08M—
Current assets£1.19M—
Cash£797.2k—
Debtors£389.4k—
Net assets£1.79M—

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
0
filings
Last 90 days
0
filings
Last 180 days
0
filings
Counts from Companies House filing history.
Corporate timeline (29 events)Click to expand
  1. 2025-01-16
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-01-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-01-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-09-02
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  5. 2022-09-02
    📄
    change-person-director-company-with-change-date
    officers · CH01
  6. 2022-01-24
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2021-02-17
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2020-03-02
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-02-14
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2019-02-03
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  11. 2018-02-06
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  12. 2017-02-15
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  13. 2016-02-01
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  14. 2015-09-01
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  15. 2015-02-10
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2015-02-06
    ➖
    MCCLENAGHAN, Alexander resigned
    secretary
  17. 2015-02-06
    ➖
    MCCLENAGHAN, Alexander resigned
    director
  18. 2009-10-07
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Commercial Finance Limited
  19. 2002-10-05
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  20. 2001-09-26
    🏢
    Company incorporated
    As MCCLENAGHAN OF SLAMANNAN LTD.
  21. 2001-09-26
    ➕
    MCCLENAGHAN, Ian appointed
    director
  22. 2001-09-26
    ➕
    MCCLENAGHAN, Alexander appointed
    secretary
  23. 2001-09-26
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-secretary
  24. 2001-09-26
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-secretary
  25. 2001-09-26
    ➕
    MCCLENAGHAN, Alexander appointed
    director
  26. 2001-09-26
    ➕
    PETER TRAINER COMPANY SECRETARIES LTD. appointed
    corporate-nominee-director
  27. 2001-09-26
    ➖
    PETER TRAINER COMPANY SECRETARIES LTD. resigned
    corporate-nominee-director
  28. 2001-09-26
    ➕
    PETER TRAINER COMPANY SERVICES LTD. appointed
    corporate-nominee-director
  29. 2001-09-26
    ➖
    PETER TRAINER COMPANY SERVICES LTD. resigned
    corporate-nominee-director

Owner dependency

100/100
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 "MCCLENAGHAN" — strong identity link between founder and business.
  • +Long-tenure founder: Senior director has been in place 25 years — deep operational knowledge concentrated in one person.
  • +Founder age: Director aged approximately 71 — succession pressure is live.

Succession & seller-readiness

100/100
Likely off-market candidate

Strong acquirability signals converging. Worth approaching directly — this is how off-market deals start.

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • primarySole active director: Only one director in control. No visible successor — buyers solve the succession problem.
  • primary20+ year tenure: Director in role 25 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 25 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

clean
No red flags detected from available public data. (This is not a clean bill of health — detailed accounts review still recommended.)

Shareholders & ownership

2 active beneficial owners
NameSharesVoting rightsNature of controlNotified
Mr Ian Mcclenaghan
Individual · British · DOB 03/1955 · age 71
50–75%
50–75%50-75% shares · 50-75% voting06/04/2016
Elizabeth Mcclenaghan
Individual · British · DOB 08/1957 · age 69
25–50%
25–50%25-50% shares · 25-50% voting06/04/2016

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

Active · Transport & logistics · FK postcode area
CompanyEst. valueTurnoverNet worthStaffAgeOppDirector
MIDLAND BLUEBIRD LIMITED→
SC016923 · est 1932
£7.30M
£5.47M–£9.12M
£25.59M—2880093y9763y
JBP TRANSPORT LIMITED→
SC108240 · est 1987
——£1.41M—38y8384y
A A K HAULAGE LIMITED→
SC237856 · est 2002
———20023y8261y
ARTIC TRAILER SERVICES (FALKIRK) LIMITED→
SC051346 · est 1972 · no financials extracted
————53y8268y
CALEDONIAN FREIGHT LIMITED→
SC084213 · est 1983
——£570.7k—42y8269y
ECOSSE HOLDINGS LIMITED→
SC044163 · est 1966
——£4.61M—59y8291y
HUNTER TRANSPORT LTD.→
SC324530 · est 2007
——£153.1k—19y8261y
IMB TRANSPORT LTD.→
SC375046 · est 2010
———2216y8259y
MILLAR INTERNATIONAL FREIGHT TRANSPORT LIMITED→
SC126477 · est 1990
——£390.4k—35y8261y
MILLERS COACHES SCOTLAND LIMITED→
SC263783 · est 2004
———80022y8272y
MORRISON HORNER TRANSPORT LTD.→
SC188481 · est 1998
———5227y8259y
PROFESSIONAL DIRECT LOGISTICS UK LTD→
SC314130 · est 2007 · no financials extracted
————19y8271y
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
Incorporated2001-09-26
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

Ashmore
High Street, Slamannan
By Falkirk
FK1 3EY

Filing status

Accounts
Next due: 2026-06-30
Last made up to: 2024-09-30
Confirmation statement
Next due: 2026-09-03
Last: 2025-08-20

Officers (1 active · 5 resigned)

MCCLENAGHAN, Ian→
director · ~71y · appointed 2001-09-26
View their other companies + combined net worth →
Active
MCCLENAGHAN, Alexander→
secretary · appointed 2001-09-26 · resigned 2015-02-06
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-secretary · appointed 2001-09-26 · resigned 2001-09-26
Resigned
MCCLENAGHAN, Alexander→
director · ~95y · appointed 2001-09-26 · resigned 2015-02-06
Resigned
PETER TRAINER COMPANY SECRETARIES LTD.→
corporate-nominee-director · appointed 2001-09-26 · resigned 2001-09-26
Resigned
PETER TRAINER COMPANY SERVICES LTD.→
corporate-nominee-director · appointed 2001-09-26 · resigned 2001-09-26
Resigned

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

Mortgages & charges

2
Total charges
2
Outstanding
1
Active lenders
Status:Lender:2 of 2 shown
TypeProperties
outstanding
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Floating charge1 property07/10/2009—
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property05/10/2002—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (65 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-08-21
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-16
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-08-27
accounts-with-accounts-type-total-exemption-full
accounts · AA
2024-01-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-08-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-01-06
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-09-02
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2022-09-02
change-person-director-company-with-change-date
officers · CH01
2022-09-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-01-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-09-03
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-02-17
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-02
confirmation-statement-with-updates
confirmation-statement · CS01
2019-08-20