D R MACLEOD (HAULAGE) LIMITED

🌳Matureactive
SC224918 · ltd · incorporated 2001-11-02
Investment thesis
Established operating company — standard diligence applies, no dominant angle.
Why interesting: Live, filing, normal profile.
Why risky: No standout signals in either direction.
🔒Estimated value
Upgrade to see
Turnover
year to Jul 2024
Net worth
£367.4k
book net assets
Opportunity
74/100
Strong
🔔
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What this business does
Primary activity: Freight transport by road
Sector: Transportation & storage
Investor take
Pursue
Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 74/100 (strong), bankability 77/100. Strong seller-intent signal (73/100, director aged 71). Share purchase looks the cleaner deal structure. Biggest value-creation lever: Consolidate lender relationships. 3 distinct lenders creates friction — refinance into single-lender structure for cleaner diligence. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

4 live charges · 3 lenders · oldest 21.3y

15/100
under pressure

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

  • · Oldest live charge is 21.3 years old — likely at or near maturity.
  • · 3 lenders named — inter-creditor friction likely.
  • · Cashflow trend is negative — lender view likely cautious.

Data confidence

Overall: high (81/100)

Strong data coverage across all sections. AI outputs should be trusted with minimal caveats.

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
6 officers (4 active, 6 linked, 4 with DOB)
83
Ownership & PSC
1 active PSC(s) of 6 total, 6 with control declared
90
Director network
7 connected companies via shared directors
66
Filing history
79 filings on record
85
Gazette notices
No matching gazette notices (standard for active companies)
60
Opportunity Score
74/100Strong
PassWatchWorth a lookStrongExceptional 

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

Business quality
70
Active, clean filings, stable charge profile.
Acquirability
70
Strong succession / seller-readiness signals.
Risk profile
69
Some moderate concerns — review 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 £367,376
Net assets shrinking
Down £6,085,083 YoY
Cash draining
Cash down 61% YoY
Cash YoY
-61%
Year on year

Key financials

2 years extracted from filed iXBRL accounts
Cash
£948k
↓ 61% YoY
Net Worth
£367k
↓ 94% YoY
Current Assets
£974k
↓ 70% YoY
Current Liabilities
£0£1.3m£2.6m£3.9m£5.2m£6.5mJul 2023Jul 2024

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown
Metric2024-07-312023-07-31
Total assets£367.4k£6.51M
Current assets£973.6k£3.22M
Cash£948.0k£2.44M
Debtors£25.5k£775.5k
Net assets£367.4k£6.45M

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
1
filing
  • 1 confirmation-statement
Counts from Companies House filing history.
Corporate timeline (38 events)Click to expand
  1. 2025-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2024-05-14
    ✏️
    certificate-change-of-name-company
    change-of-name · CERTNM
  3. 2024-05-14
    📄
    resolution
    resolution · RESOLUTIONS
  4. 2024-05-07
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC02
  5. 2024-05-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  6. 2024-05-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  7. 2024-05-06
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  8. 2024-05-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  9. 2024-05-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  10. 2024-05-03
    📄
    notification-of-a-person-with-significant-control
    persons-with-significant-control · PSC01
  11. 2024-05-03
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  12. 2024-04-30
    📄
    accounts-with-accounts-type-full
    accounts · AA
  13. 2023-10-06
    📄
    appoint-person-director-company-with-name-date
    officers · AP01
  14. 2023-10-06
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  15. 2023-10-05
    MACIVER, Dawn Campbell appointed
    director
  16. 2023-06-06
    📄
    accounts-with-accounts-type-full
    accounts · AA
  17. 2023-05-31
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  18. 2023-05-31
    🔓
    Charge satisfied #3
  19. 2023-05-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  20. 2023-05-23
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  21. 2023-05-23
    🔓
    Charge satisfied #4
  22. 2023-05-23
    🔓
    Charge satisfied #2
  23. 2023-04-27
    📍
    change-registered-office-address-company-with-date-old-address-new-address
    address · AD01
  24. 2022-09-23
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  25. 2022-09-22
    🔒
    Charge registered #4
    Lender: Lloyds Bank Commercial Finance LTD
  26. 2022-06-30
    📄
    mortgage-create-with-deed-with-charge-number-charge-creation-date
    mortgage · MR01
  27. 2022-06-20
    🔒
    Charge registered #3
    Lender: The Royal Bank of Scotland PLC
  28. 2022-04-08
    MACLEOD, Donald Roderick Graham resigned
    director
  29. 2017-11-10
    🔓
    Charge satisfied #1
  30. 2015-03-06
    MACLEOD, Mark appointed
    director
  31. 2015-02-16
    MACLEOD, Margaret appointed
    director
  32. 2012-02-13
    🔒
    Charge registered #2
    Lender: Lloyds Tsb Commercial Finance Limited
  33. 2005-01-06
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  34. 2001-11-02
    🏢
    Company incorporated
    As D R MACLEOD (HAULAGE) LIMITED
  35. 2001-11-02
    MACLEOD, Margaret appointed
    secretary
  36. 2001-11-02
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-secretary
  37. 2001-11-02
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-secretary
  38. 2001-11-02
    MACLEOD, Donald Roderick Graham appointed
    director

Owner dependency

88/100
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
  • +Founder name in company name: Company name contains director surname "MACLEOD" — strong identity link between founder and business.
  • +Founder age: Director aged approximately 71 — succession pressure is live.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

Succession & seller-readiness

65/100
Strong succession signal

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

SIGNALS
  • primaryFounder aged 70+: Senior director is approximately 71 years old. Natural succession window is now.
  • supportingClean filings + long tenure: Disciplined long-tenure operator — classic lifestyle-business pattern that often sells quietly.

Red flags

2 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.

Name changed recently
medium

Name changes can be benign (rebrand) but can also precede distress, phoenix activity, or buyer concealment.

Evidence: 2024-05-14: certificate-change-of-name-company

Group structure

D R Macleod (Haulage) Limited is the ultimate parent — holding 75%+ shares. This company sits inside their group.

🏛️
D R Macleod (Haulage) Limited
Corporate parent · holds 75-100% shares · board control
ultimate parent
D R MACLEOD (HAULAGE) LIMITED
This company · SC224918

Parent relationships inferred from Persons with Significant Control filings. Full subsidiary tree requires reverse-lookup (coming).

Shareholders & ownership

1 active beneficial owner · dominant holder ≥75%
NameSharesVoting rightsNature of controlNotified
D R Macleod (Haulage) Limited
Corporate entity
75100%
75–100%board control75-100% shares · 75-100% voting · board control02/05/2024
5 historic (ceased) PSCs
  • Mrs Margaret Macleodceased 02/05/2024· 75-100% shares · 75-100% voting · board control
  • Mrs Dawn Campbell Maciverceased 02/05/2024· 75-100% shares · 75-100% voting · board control
  • Mr Mark Macleodceased 02/05/2024· 75-100% shares · 75-100% voting · board control
  • The Executor Of The Late Mr Macleodceased 02/05/2024· 75-100% shares · 75-100% voting · board control
  • Mr Donald Roderick Graham Macleodceased 08/04/2022· 75-100% shares · 75-100% voting · board control

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 →

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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
Incorporated2001-11-02
Jurisdictionscotland
Primary SIC49410 — Freight transport by road

Registered office

Customs House
Quay Street
Stornoway
Isle Of Lewis
HS1 2XX
Scotland

Filing status

Accounts
Next due: 2026-04-30
Last made up to: 2024-07-31
Confirmation statement
Next due: 2026-11-14
Last: 2025-10-31

Officers (4 active · 2 resigned)

MACLEOD, Margaret
secretary · appointed 2001-11-02
View their other companies + combined net worth →
Active
MACIVER, Dawn Campbell
director · ~50y · appointed 2023-10-05
View their other companies + combined net worth →
Active
MACLEOD, Margaret
director · ~71y · appointed 2015-02-16
View their other companies + combined net worth →
Active
MACLEOD, Mark
director · ~42y · appointed 2015-03-06
View their other companies + combined net worth →
Active
OSWALDS OF EDINBURGH LIMITED
corporate-secretary · appointed 2001-11-02 · resigned 2001-11-02
Resigned
MACLEOD, Donald Roderick Graham
director · ~70y · appointed 2001-11-02 · resigned 2022-04-08
Resigned

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

Mortgages & charges

4
Total charges
0
Outstanding
0
Active lenders
Status:Lender:4 of 4 shown
TypeProperties
satisfied
Lloyds Banking Group
Lloyds Bank Commercial Finance LTD
A registered charge22/09/202223/05/2023
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
A registered charge2 properties20/06/202231/05/2023
satisfied
Lloyds Banking Group
Lloyds Tsb Commercial Finance Limited
Bond & floating charge1 property13/02/201223/05/2023
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property06/01/200510/11/2017

Recent filings (79 total)

confirmation-statement-with-updates
confirmation-statement · CS01
2025-11-04
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-23
confirmation-statement-with-updates
confirmation-statement · CS01
2024-11-08
certificate-change-of-name-company
change-of-name · CERTNM
2024-05-14
resolution
resolution · RESOLUTIONS
2024-05-14
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC02
2024-05-07
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-06
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-06
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-03
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2024-05-03
cessation-of-a-person-with-significant-control
persons-with-significant-control · PSC07
2024-05-03
accounts-with-accounts-type-full
accounts · AA
2024-04-30
confirmation-statement-with-updates
confirmation-statement · CS01
2023-11-06