JAMES MACKIE (DUNDEE) LIMITED

🌳Matureactive
SC255780 · ltd · incorporated 2003-09-11
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 22.5y old — refinance window within 12 months
🔒Estimated value
—
Upgrade to see
Turnover
—
year to Jan 2025
Net worth
—
book net assets
Opportunity
82/100
Exceptional
🔔
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What this business does
Primary activity: Wholesale of fruit and vegetables
Sector: Wholesale & retail
Investor take
Pursue
Active trading company with a 63-year-old founder — textbook succession opportunity.

Opportunity 82/100 (exceptional), bankability 85/100. Strong seller-intent signal (70/100, director aged 63). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

🏦

Refinance opportunity

1 live charge · oldest 22.5y

85/100
ready

Refinance conversation should be productive — structure clean and timing right.

  • · Oldest live charge is 22.5 years old — likely at or near maturity.
  • · Single lender — cleanest path to refinance.
  • · 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
1 charges (1/1 with lender, 1/1 with type)
90
Directors & officers
10 officers (3 active, 10 linked, 6 with DOB)
82
Ownership & PSC
2 active PSC(s) of 4 total, 4 with control declared
90
Director network
1 connected companies via shared directors
48
Filing history
81 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.

Key financials

2 years extracted from filed iXBRL accounts
Cash
—
Net Worth
—
Current Assets
—
Current Liabilities
—
£0£84k£169k£253k£338k£422kJan 2024Jan 2025

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · FRS 102
Metric2025-01-312024-01-31
Total assets—£484.9k
Current assets—£422.2k
Cash—£183.7k
Debtors—£238.5k
Net assets—£372.7k
Average employees600—

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 (37 events)Click to expand
  1. 2025-10-10
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  2. 2025-01-23
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  3. 2023-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  4. 2022-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  5. 2021-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  6. 2021-01-05
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  7. 2019-10-31
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  8. 2018-11-11
    📄
    change-to-a-person-with-significant-control
    persons-with-significant-control · PSC04
  9. 2018-11-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  10. 2018-11-11
    📄
    cessation-of-a-person-with-significant-control
    persons-with-significant-control · PSC07
  11. 2018-11-08
    📄
    mortgage-satisfy-charge-full
    mortgage · MR04
  12. 2018-11-08
    🔓
    Charge satisfied #1
  13. 2018-11-05
    📄
    capital-name-of-class-of-shares
    capital · SH08
  14. 2018-10-27
    📄
    accounts-with-accounts-type-total-exemption-full
    accounts · AA
  15. 2018-09-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  16. 2018-09-15
    📄
    termination-director-company-with-name-termination-date
    officers · TM01
  17. 2018-08-23
    📄
    capital-cancellation-shares
    capital · SH06
  18. 2018-08-23
    📄
    capital-cancellation-shares
    capital · SH06
  19. 2018-07-27
    ➖
    STEWART, Deirdre Fraser resigned
    director
  20. 2018-07-27
    ➖
    STEWART, James resigned
    director
  21. 2015-09-23
    ➕
    MALCOLM, Susan Donna appointed
    director
  22. 2015-09-23
    ➕
    STEWART, Deirdre Fraser appointed
    director
  23. 2006-09-01
    ➕
    STEWART, James appointed
    director
  24. 2005-10-26
    ➕
    MALCOLM, Susan appointed
    secretary
  25. 2005-08-31
    ➖
    MACKIE, Michael resigned
    secretary
  26. 2005-08-31
    ➖
    MACKIE, Michael resigned
    director
  27. 2005-08-31
    ➖
    MCELENEY, Michael Anthony resigned
    director
  28. 2003-10-28
    🔒
    Charge registered #1
    Lender: The Royal Bank of Scotland PLC
  29. 2003-09-11
    🏢
    Company incorporated
    As JAMES MACKIE (DUNDEE) LIMITED
  30. 2003-09-11
    ➕
    MALCOLM, Fraser Wilson appointed
    director
  31. 2003-09-11
    ➕
    MACKIE, Michael appointed
    secretary
  32. 2003-09-11
    ➕
    OSWALDS OF EDINBURGH LIMITED appointed
    corporate-nominee-secretary
  33. 2003-09-11
    ➖
    OSWALDS OF EDINBURGH LIMITED resigned
    corporate-nominee-secretary
  34. 2003-09-11
    ➕
    MACKIE, Michael appointed
    director
  35. 2003-09-11
    ➕
    MCELENEY, Michael Anthony appointed
    director
  36. 2003-09-11
    ➕
    JORDANS (SCOTLAND) LIMITED appointed
    corporate-nominee-director
  37. 2003-09-11
    ➖
    JORDANS (SCOTLAND) LIMITED resigned
    corporate-nominee-director

Owner dependency

84/100
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.
  • +Long-tenure founder: Senior director has been in place 23 years — deep operational knowledge concentrated in one person.
  • +Senior director age: Director aged approximately 63 — approaching natural succession window.
  • +Family involvement: Multiple officers share a surname — likely family business, which concentrates governance.

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 63. 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 23 years. Very long tenure is a classic succession signal.
  • secondaryStable-but-static management: Company is 23 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 Fraser Wilson Malcolm
Individual · British · DOB 07/1963 · age 63
50–75%
50–75%board control50-75% shares · 50-75% voting · board control06/04/2016
Mrs Susan Donna Malcolm
Individual · British · DOB 08/1966 · age 60
25–50%
25–50%board control25-50% shares · 25-50% voting · board control06/04/2016
2 historic (ceased) PSCs
  • Mr James Stewartceased 27/07/2018· 25-50% shares · 25-50% voting · board control
  • Mrs Deirdre Fraser Stewartceased 27/07/2018· 25-50% shares · 25-50% 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

6 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
Incorporated2003-09-11
Jurisdictionscotland
Primary SIC46310 — Wholesale of fruit and vegetables

Registered office

1 Hillpark Road
Wormit
Fife
DD6 8PR

Filing status

Accounts
Next due: 2026-10-31
Last made up to: 2025-01-31
Confirmation statement
Next due: 2026-09-25
Last: 2025-09-11

Officers (3 active · 7 resigned)

MALCOLM, Susan→
secretary · appointed 2005-10-26
View their other companies + combined net worth →
Active
MALCOLM, Fraser Wilson→
director · ~63y · appointed 2003-09-11
View their other companies + combined net worth →
Active
MALCOLM, Susan Donna→
director · ~60y · appointed 2015-09-23
View their other companies + combined net worth →
Active
MACKIE, Michael→
secretary · appointed 2003-09-11 · resigned 2005-08-31
Resigned
OSWALDS OF EDINBURGH LIMITED→
corporate-nominee-secretary · appointed 2003-09-11 · resigned 2003-09-11
Resigned
MACKIE, Michael→
director · ~77y · appointed 2003-09-11 · resigned 2005-08-31
Resigned
MCELENEY, Michael Anthony→
director · ~65y · appointed 2003-09-11 · resigned 2005-08-31
Resigned
STEWART, Deirdre Fraser→
director · ~52y · appointed 2015-09-23 · resigned 2018-07-27
Resigned
STEWART, James→
director · ~54y · appointed 2006-09-01 · resigned 2018-07-27
Resigned
JORDANS (SCOTLAND) LIMITED→
corporate-nominee-director · appointed 2003-09-11 · resigned 2003-09-11
Resigned

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

Mortgages & charges

1
Total charges
0
Outstanding
0
Active lenders
Status:Lender:1 of 1 shown
TypeProperties
satisfied
Lloyds Banking Group
The Royal Bank of Scotland PLC
Bond & floating charge1 property28/10/200308/11/2018

Recent filings (81 total)

accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-10-10
confirmation-statement-with-no-updates
confirmation-statement · CS01
2025-09-16
accounts-with-accounts-type-total-exemption-full
accounts · AA
2025-01-23
confirmation-statement-with-no-updates
confirmation-statement · CS01
2024-10-08
accounts-with-accounts-type-total-exemption-full
accounts · AA
2023-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2023-10-15
confirmation-statement-with-no-updates
confirmation-statement · CS01
2022-11-02
accounts-with-accounts-type-total-exemption-full
accounts · AA
2022-10-31
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-10-31
confirmation-statement-with-no-updates
confirmation-statement · CS01
2021-10-05
accounts-with-accounts-type-total-exemption-full
accounts · AA
2021-01-05
confirmation-statement-with-no-updates
confirmation-statement · CS01
2020-09-23
accounts-with-accounts-type-total-exemption-full
accounts · AA
2019-10-31
confirmation-statement-with-updates
confirmation-statement · CS01
2019-09-25
change-to-a-person-with-significant-control
persons-with-significant-control · PSC04
2018-11-11