INDUSTRIAL MAINTENANCE & DEVELOPMENT LIMITED

🌳Matureactive

SC264788 · ltd · incorporated 2004-03-11

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

hardening · 12-months

Already tight — no obvious softening catalysts on the horizon.

· Thesis: well-run, low negotiation leverage

🔒Estimated value

—

Upgrade to see

Turnover

—

year to Mar 2025

Net worth

£10.9k

book net assets

Opportunity

80/100

Exceptional

🔒Generate AI memo →🔒Outreach pack →🔒Corporate story →📑 Reports →Sign in to watch

What this business does

Primary activity: SIC 33200

Sector: Manufacturing

Investor take

Pursue

Asset-holding vehicle with a 71-year-old founder — textbook succession opportunity.

Opportunity 80/100 (exceptional), bankability 75/100. Strong seller-intent signal (83/100, director aged 71). Share purchase looks the cleaner deal structure. Most likely exit: share sale to pe / searcher (65/100).

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

Lenders & charges

Confirmed no charges registered

Directors & officers

5 officers (3 active, 5 linked, 2 with DOB)

Ownership & PSC

2 active PSC(s) of 2 total, 2 with control declared

Director network

Network not yet resolved

Filing history

52 filings on record

Gazette notices

No matching gazette notices (standard for active companies)

Opportunity Score

80/100Exceptional

PassWatchWorth a lookStrongExceptional

Strong composite across quality, acquirability, and risk. High-priority target — progress to serious diligence.

Business quality

Active, clean filings, stable charge profile.

Acquirability

Strong succession / seller-readiness signals.

Risk profile

Few red flags.

Signal strength

Good data coverage for analysis.

Signals from accounts

Derived from iXBRL accounts · accounting standard not declared

Positive net assets

Net assets £10,894

Net assets shrinking

Down £19,091 YoY

Key financials

2 years extracted from filed iXBRL accounts

Cash

—

Net Worth

£11k

↓ 64% YoY

Current Assets

£43k

↓ 34% YoY

Current Liabilities

—

Hover to see exact values · click legend to toggle series

Financials

Extracted from Companies House accounts · accounting standard unknown

Metric	2025-03-31	2024-03-31
Total assets	£43.0k	£69.3k
Current assets	£43.0k	£64.8k
Net assets	£10.9k	£30.0k

Amounts extracted automatically from iXBRL. Fields left blank were not reported or not mapped. Values in GBP unless stated.

Recent activity

Last 30 days

filings

Last 90 days

filings

• 1 confirmation-statement
• 1 persons-with-significant-control

Last 180 days

filings

• 1 confirmation-statement
• 1 persons-with-significant-control
• 1 accounts

Counts from Companies House filing history.

Corporate timeline (23 events)Click to expand

2026-03-11
📄
notification-of-a-person-with-significant-control
persons-with-significant-control · PSC01
2025-11-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2024-12-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2023-08-18
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2022-07-08
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2021-06-09
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2020-10-29
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2019-11-28
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2018-07-26
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2017-12-15
📄
accounts-with-accounts-type-micro-entity
accounts · AA
2016-12-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2016-03-22
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2015-12-02
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2015-03-30
📄
annual-return-company-with-made-up-date-full-list-shareholders
annual-return · AR01
2014-11-13
📄
accounts-with-accounts-type-total-exemption-small
accounts · AA
2004-03-15
➖
FORM 10 SECRETARIES FD LTD resigned
corporate-nominee-secretary
2004-03-15
➖
FORM 10 DIRECTORS FD LTD resigned
corporate-nominee-director
2004-03-11
🏢
Company incorporated
As INDUSTRIAL MAINTENANCE & DEVELOPMENT LIMITED
2004-03-11
➕
DUNCAN, Beryl Anne appointed
secretary
2004-03-11
➕
DUNCAN, Beryl Anne appointed
director
2004-03-11
➕
DUNCAN, Ian Macpherson appointed
director
2004-03-11
➕
FORM 10 SECRETARIES FD LTD appointed
corporate-nominee-secretary
2004-03-11
➕
FORM 10 DIRECTORS FD LTD appointed
corporate-nominee-director

Owner dependency

91/100

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 22 years — deep operational knowledge concentrated in one person.
+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

96/100

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.
secondaryTwo-director governance: Small-team governance. Succession depth is thin but not absent.
primary20+ year tenure: Director in role 22 years. Very long tenure is a classic succession signal.
secondaryStable-but-static management: Company is 22 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

Name	Shares	Voting rights	Nature of control	Notified
Mr Ian Macpherson Duncan Individual · British · DOB 05/1955 · age 71	25–50%	—	25-50% shares	11/03/2026
Mrs Beryl Anne Duncan Individual · British · DOB 11/1957 · age 69	25–50%	—	25-50% shares	01/03/2017

From Companies House Persons with Significant Control filings. Share ranges are banded per the public PSC regime.

Similar companies

Active · Manufacturing · IV postcode area

Company	Est. value	Turnover	Net worth	Staff	Age	Opp	Director
GUERRINI LIMITED→ SC715551 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
HARDIE INSTALLATIONS LIMITED→ SC882884 · est 2026 · no financials extracted	—	—	—	—	—	—	—
HATRICK LTD.→ SC222513 · est 2001 · no financials extracted	—	—	—	—	24y	—	—
HEIGHTSECTOR LIMITED→ SC512528 · est 2015 · no financials extracted	—	—	—	—	10y	—	—
HIGHLAND HVAC SOLUTIONS LTD→ SC856836 · est 2025 · no financials extracted	—	—	—	—	—	—	—
HIGHLAND SHIPPING COMPANY LIMITED→ SC700323 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
HIGHWIND RENEWABLES LTD→ SC811468 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
HUTCHISON ENERGY SERVICES LTD→ SC717995 · est 2021 · no financials extracted	—	—	—	—	4y	—	—
IFM ELECTRICAL LTD→ SC811922 · est 2024 · no financials extracted	—	—	—	—	1y	—	—
INVERNESS TARPAULIN COMPANY LTD→ SC883084 · est 2026 · no financials extracted	—	—	—	—	—	—	—
ISLE EWE BOATS LIMITED→ SC685669 · est 2021 · no financials extracted	—	—	—	—	5y	—	—
ISLE OF SKYE PAINT COMPANY LIMITED→ SC434618 · est 2012 · no financials extracted	—	—	—	—	13y	—	—

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

Incorporated2004-03-11

Jurisdictionscotland

Primary SIC33200 — SIC 33200

Registered office

5 Fairway Avenue

Elgin

IV30 6XF

Filing status

Accounts

Next due: 2026-12-31

Last made up to: 2025-03-31

Confirmation statement

Next due: 2027-03-25

Last: 2026-03-11

Officers (3 active · 2 resigned)

DUNCAN, Beryl Anne→

secretary · appointed 2004-03-11

View their other companies + combined net worth →

Active

DUNCAN, Beryl Anne→

director · ~69y · appointed 2004-03-11

View their other companies + combined net worth →

Active

DUNCAN, Ian Macpherson→

director · ~71y · appointed 2004-03-11

View their other companies + combined net worth →

Active

FORM 10 SECRETARIES FD LTD→

corporate-nominee-secretary · appointed 2004-03-11 · resigned 2004-03-15

Resigned

FORM 10 DIRECTORS FD LTD→

corporate-nominee-director · appointed 2004-03-11 · resigned 2004-03-15

Resigned

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

Recent filings (52 total)

confirmation-statement-with-no-updates

confirmation-statement · CS01

2026-03-11

notification-of-a-person-with-significant-control

persons-with-significant-control · PSC01

2026-03-11