MACPHERSON'S WELDING & ENGINEERING SERVICES LIMITED

🌳Matureactive
SC224287 · ltd · incorporated 2001-10-16
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 24.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Nov 2024
Net worth
£154.8k
book net assets
Opportunity
82/100
Exceptional
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What this business does
Primary activity: SIC 25990
Sector: Manufacturing
Investor take
Pursue
Active trading company with a 66-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 80/100. Strong seller-intent signal (83/100, director aged 66). 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 (65/100).

🏦

Refinance opportunity

1 live charge · oldest 24.5y

65/100
clean up first

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

  • · Oldest live charge is 24.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · Legal-friction score 25/100 — workable, but lender will want more DD.

Data confidence

Overall: medium (76/100)

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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
8 officers (3 active, 8 linked, 3 with DOB)
78
Ownership & PSC
1 active PSC(s) of 2 total, 2 with control declared
90
Director network
Network not yet resolved
30
Filing history
70 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 £154,755
Net assets shrinking
Down £11,525 YoY

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
£155k
↓ 6.9% YoY
Current Assets
£111k
↓ 9.1% YoY
Current Liabilities
—
£0£33k£67k£100k£133k£166kNov 2023Nov 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-11-302023-11-30
Total assets£166.3k£186.2k
Current assets£111.4k£122.5k
Net assets£154.8k£166.3k

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 (30 events)Click to expand
  1. 2025-08-06
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  2. 2025-04-22
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  3. 2025-04-22
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  4. 2024-08-01
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  5. 2023-08-25
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  6. 2022-03-28
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  7. 2021-07-24
    📄
    accounts-with-accounts-type-micro-entity
    accounts · AA
  8. 2020-03-11
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  9. 2019-03-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  10. 2018-08-15
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  11. 2017-07-28
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  12. 2017-02-14
    ➕
    WHITEHEAD, Michael appointed
    secretary
  13. 2017-02-14
    ➖
    DALRYMPLE, Caroline resigned
    secretary
  14. 2017-02-14
    📄
    appoint-person-secretary-company-with-name-date
    officers · AP03
  15. 2017-02-14
    📄
    termination-secretary-company-with-name-termination-date
    officers · TM02
  16. 2016-03-23
    📄
    accounts-with-accounts-type-total-exemption-small
    accounts · AA
  17. 2015-11-12
    📄
    annual-return-company-with-made-up-date-full-list-shareholders
    annual-return · AR01
  18. 2012-01-05
    ➖
    ANDERSON, George Mackay resigned
    secretary
  19. 2012-01-05
    ➕
    DALRYMPLE, Caroline appointed
    secretary
  20. 2012-01-05
    ➖
    ANDERSON, George Mackay resigned
    director
  21. 2001-11-01
    ➕
    WHITEHEAD, Michael appointed
    director
  22. 2001-10-29
    🔒
    Charge registered #1
    Lender: The Governor and Company of the Bank of Scotland
  23. 2001-10-16
    🏢
    Company incorporated
    As MACPHERSON'S WELDING & ENGINEERING SERVICES LIMITED
  24. 2001-10-16
    ➕
    MACPHERSON, Andrew James appointed
    director
  25. 2001-10-16
    ➕
    ANDERSON, George Mackay appointed
    secretary
  26. 2001-10-16
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  27. 2001-10-16
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  28. 2001-10-16
    ➕
    ANDERSON, George Mackay appointed
    director
  29. 2001-10-16
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  30. 2001-10-16
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

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
  • +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 "MACPHERSON" — 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 66 — succession pressure is live.

Succession & seller-readiness

86/100
Likely off-market candidate

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

SIGNALS
  • primaryFounder aged 63+: Senior director is approximately 66. Approaching typical UK retirement age — succession thinking likely.
  • secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
  • 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

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
Mr Andrew James Mcpherson
Individual · British · DOB 08/1964 · age 62
75–100%
75–100%board control75-100% shares · 75-100% voting · board control22/04/2025
1 historic (ceased) PSC
  • Mr Michael Whiteheadceased 22/04/2025· 25-50% shares

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 →
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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
Incorporated2001-10-16
Jurisdictionscotland
Primary SIC25990 — SIC 25990

Registered office

Unit 5b Ben Nevis Industrial Estate
Fort William
Inverness-Shire
PH33 6PR

Filing status

Accounts
Next due: 2026-08-31
Last made up to: 2024-11-30
Confirmation statement
Next due: 2026-10-30
Last: 2025-10-16

Officers (3 active · 5 resigned)

WHITEHEAD, Michael→
secretary · appointed 2017-02-14
View their other companies + combined net worth →
Active
MACPHERSON, Andrew James→
director · ~62y · appointed 2001-10-16
View their other companies + combined net worth →
Active
WHITEHEAD, Michael→
director · ~66y · appointed 2001-11-01
View their other companies + combined net worth →
Active
ANDERSON, George Mackay→
secretary · appointed 2001-10-16 · resigned 2012-01-05
Resigned
DALRYMPLE, Caroline→
secretary · appointed 2012-01-05 · resigned 2017-02-14
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2001-10-16 · resigned 2001-10-16
Resigned
ANDERSON, George Mackay→
director · ~73y · appointed 2001-10-16 · resigned 2012-01-05
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2001-10-16 · resigned 2001-10-16
Resigned

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

Mortgages & charges

1
Total charges
1
Outstanding
1
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
outstanding
Lloyds Banking Group
The Governor and Company of the Bank of Scotland
Bond & floating charge1 property29/10/2001—
Click column headers to sort. Use filters above to narrow by status and lender.

Recent filings (70 total)

confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2025-08-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-04-22
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2025-04-22
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-16
accounts-with-accounts-type-micro-entity
accounts · AA
2024-08-01
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-20
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-25
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-10-18
accounts-with-accounts-type-micro-entity
accounts · AA
2022-03-28
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-21
accounts-with-accounts-type-micro-entity
accounts · AA
2021-07-24
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-12-30
accounts-with-accounts-type-total-exemption-full
accounts · AA
2020-03-11
confirmation-statement-with-no-updates
confirmation-statement · CS01
2019-10-17